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Last week was the annual charity auction for lunch with Warren Buffett, and this year's winner was Justin Sun, CEO of Tron and BitTorrent, who paid $4.6M for the lunch, and he joins Yahoo Finance to discuss.
It’s a mixed start to the day for the majors, with Litecoin trailing early on. Support from the broader market could deliver an afternoon recovery…
If you want to learn how to buy Ethereum (ETH) in the UK, this helpful guide will provide you with all the information you need to know. As people have started to embrace cryptocurrencies, popular coins such as Ethereum and Bitcoin have risen in price. Because of this, global exchanges and wallets have ensured that they support Ethereum and all other ERC-20 tokens. ETH has been publicly traded since 2016 and has grown to be one of the largest cryptocurrencies in the world. With this, many crypto users want to get their hands on this popular altcoin. How to buy Ethereum If you live in the UK and want to purchase some Ethereum, you will need to buy it through The post How to buy Ethereum in the UK appeared first on Coin Rivet.
Traders who bought the rumour and sold the news of Justin Sun’s May 26 teaser tweet could have effectively participated in an epic pump and dump for the TRX and BTT digital tokens. Following the so-called master marketer’s tweet, Tron immediately saw its market cap rise from $1.8 billion to $2.6 billion, with BitTorrent also seeing $200 million worth of gains. However, both projects have since seen $600 million and $100 million wiped off their respective valuations over the last few weeks. Something huge and amazing going about #TRON and #BitTorrent. I will share with you after June 1. I think I have 70% to win and nail it. Fingers crossed! $TRX $BTT — Justin Sun (@justinsuntron) May 26, 2019 The post Tron and BitTorrent’s $1 billion hype-fuelled pump and dump appeared first on Coin Rivet.
Coinbase has become one of the largest exchanges in the world. Based in the US and operating since 2011, the exchange is often the first place many people go to buy their first ever Bitcoin. Coinbase provides many benefits such as simplicity of use, but it has also received criticism from Bitcoiners as well as many of its customers. Let’s take a look at four things you should know about Coinbase. Ease of use One of the key benefits of using Coinbase is that it has a simple user interface that is ideal for people who have very little knowledge of the cryptocurrency scene. You can buy and store four of the major cryptocurrencies: Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. The post Coinbase review: Four things you should know appeared first on Coin Rivet.
Today the price of Bitcoin is US$8,275.48; Ethereum is US$256.28; XRP is US$0.399167; Bitcoin Cash is US$410.96 and Litecoin is US$132.20. These are the Top 5 cryptocurrencies by market capitalisation. About the Top 5 cryptocurrencies The top 5 cryptocurrencies are the biggest and most significant cryptocurrencies and constitute the top half of The Top 10 Cryptocurrencies by market capitalisation. Bitcoin In August 2008, the domain name bitcoin.org was registered. On 31st October 2008, a paper was published called “Bitcoin: A Peer-to-Peer Electronic Cash System”. This was authored by Satoshi Nakamoto, the inventor of Bitcoin. To date, no one knows who this person, or people, are. The paper outlined a method of using a P2P network for electronic transactions without “relying The post The Top 5 cryptocurrencies latest price appeared first on Coin Rivet.
Bitcoin looks to be poised on the verge of its next bull run, according to the head of one of the world’s most respected independent financial advisory organisations. Nigel Green, chief executive of deVere Group, claims that Bitcoin’s sustained foray above $8,000 today looks sustainable enough to build for a push even higher, propelling the value of the decade-old cryptocurrency to heights unseen since 2017. “Ditching its trademark volatility, Bitcoin has been stuck in no-man’s land for over a week, oscillating within a $600 range,” he said in a Coin Rivet article for the Daily Express. “But the price of the world’s largest cryptocurrency surged to the upside on Wednesday and cleared the key $8,000 resistance level – this could The post Bitcoin bull run imminent, expert says appeared first on Coin Rivet.
DASH sees red early on as the broader market takes a hit. A move back through to $155 levels would support a break out later in the day.
The next cryptocurrency up to bat in our Knowing your developers series is Litecoin. With its recent gains in the market, it has surpassed EOS, the last asset we covered in this series, and currently sits as the fifth-largest cryptocurrency by market cap.The post Knowing the developers: an analysis of Litecoin Core appeared first on The Block.
At the time of writing, the reality is that most DEXs, or decentralised exchanges, are still quite difficult to use – mostly due to bad user interfaces and user experience. There are a few exceptions (which I will cover later), but the fact of the matter is that to have a great crypto-trading experience, you should probably look into centralised exchanges, mainly because of the additional support and functionality. Even though some crypto-enthusiasts like Vitalik Buterin are quite against the centralisation of exchanges and services – due to the non-custodial aspect of centralisation – it’s an easy way to get started or to trade professionally. Vitalik Buterin: “I definitely hope centralized exchanges go burn in hell as much as possible” The post The top five cryptocurrency exchanges in 2019 appeared first on Coin Rivet.
It’s a mixed start to the day for the majors, with Litecoin among the crypto top 10 to sit in the red early on. Moves through the late morning will be key.
Cardano has been one of the top performing cryptocurrencies over the past 24 hours, rallying 10% against its USD trading pair and 8% against Bitcoin. The surge in price has seen a test of the critical $0.10 level of resistance, which is not only a psychological level but also a technical level dating back to April. In light of a resurgence in the cryptocurrency markets, Cardano made a 152% move to the upside from March 1 to April 1. It then suffered a 41% correction after touching the $0.10 mark. However, Cardano has remained resilient in spite of the sell-offs by establishing a level of support at around $0.08. This level has been used as a platform for subsequent moves The post Cardano (ADA) tests critical level of resistance after rallying 10% appeared first on Coin Rivet.
Ethereum (ETH) is currently trading at around $249 after a sharp pullback following a strong start to the month. Most altcoins have experienced consolidation or stagnation over the last 24 hours. ETH, which was trading close to $270 earlier in the month, has fallen about 10% since then. Let’s take a look at the chart. Looking at the chart above, we can clearly see a couple of interesting things. Firstly, the 20-day EMA has crossed the 50-day EMA, which is a very bullish signal. Price is also trading well above the 200-day EMA – another bullish signal. There is some resistance between the $250-$255 levels – as we’ve seen over the past few days – but when we look at The post Latest Ethereum price and analysis (ETH to USD) appeared first on Coin Rivet.
Peer-to-peer Bitcoin marketplace Paxful has announced it has partnered with blockchain exchange and wallet AirTM. The move means Paxful users will now be able to fund and withdraw Bitcoin from their accounts using AirTM as a payment method. Both organisations operate largely across Latin America where they work with emerging markets and unbanked communities. The partnership will allow the two companies to provide a service similar to PayPal across economically-challenged communities which have been historically affected by hyperinflation and lack of banking security. According to AirTM CEO Ruben Galindo, the introduction of a peer-to-peer platform will allow currencies to be traded for Bitcoin and introduce crypto to 300,000 new customers while opening up almost $6m in monthly transaction volume. Possibilities The post AirTM teams up with Paxful appeared first on Coin Rivet.
Crypto traders have been in a frenzy lately promoting the exchange token UNUS SED LEO (LEO). LEO is a token launched by iFinex, the parent company behind the controversial cryptocurrency exchange Bitfinex.The post LEO and BNB: a comparison appeared first on The Block.
It seems that every few years or so, new technologies enter the hype cycle and are touted as the next big game changer. Around 10 years ago it was 3D printing. Then, with the creation of Bitcoin, hype emerged regarding the underlying blockchain technology. Now, artificial intelligence (AI) has taken some of that spotlight and has joined the hype train. Blockchain and artificial intelligence could connect the world of the future through the Internet of Things. Decentralise everything It is argued that we are currently in the midst of a fourth Industrial Revolution thanks to the advances in technology. Blockchain is just one part of this, and so is artificial intelligence. AI arguably has the potential to remove the necessity The post What is the relationship between blockchain and artificial intelligence? appeared first on Coin Rivet.
Cryptocurrency’s fourth-largest coin in terms of market cap, Litecoin, has rallied more than 10% overnight as it primes itself for a continued move to the upside. Yesterday, Coin Rivet reported on Litecoin’s mining hash rate reaching an all-time high of more than 400 TH/s. This coupled with the upcoming ‘halvening’ suggests that Litecoin has a bullish perspective over the next few months from a fundamental standpoint. Breakout would spell move to $183 And the technicals look steady as well, with the $100 and $110 levels of resistance being taken out with consummate ease. The current $128 price point is a level of resistance that dates back to May 2018. However, the recent surge in volume from the start of April The post Technical analysis: Litecoin leads the way with double-digit gain as $183 beckons appeared first on Coin Rivet.
Bitcoin Cash (BCH) is currently recovering from a substantial dip that saw its price plummet from about $440 last week to $389 today, representing an 11% drop. At the time of writing, price seems to have levelled off and is now consolidating. Let’s take a look at the latest BCH price action. Looking at the chart above, we can clearly see BTC has broken through some important resistance barriers. Bitcoin Cash broke the $330 level around its 200-day EMA in early May, and the 20-day EMA has now moved above the 200-day EMA – a clear bullish signal. Moreover, volumes have remained strong since mid-May, helping BCH to break key levels and find support initially around $360 and later around The post Latest Bitcoin Cash price and analysis (BCH to USD) appeared first on Coin Rivet.
Justin Sun will try to bridge the gap between the cryptocurrency community and the traditional investor when he has lunch with Warren Buffett.
Fresh off CME Group's announcement last week that its bitcoin futures product in May had its best month since the product first launched in late 2017 (record levels in both open interest and volume), we decided to analyze the CFTC's Commitment of Traders (COT) report to unpack who is driving the growth in open interest, and compare how traders are currently positioning themselves (long/short) relative to historical net exposure.The post Who's buying and selling bitcoin futures? An analysis of the CFTC COT report appeared first on The Block.
There are numerous social media sites used by the cryptocurrency community. While much of the debate tends to take place over on Twitter, Reddit is also one of the main sources for breaking news and discussion of your favourite cryptocurrency topics. Like anything to do with cryptocurrency, controversy is never far away, with accusations of censorship attached to the main Bitcoin subreddit. Here are three cryptocurrency subreddits you should be following. r/Bitcoin The largest and most popular subreddit – now with over 1 million members – is also the one that has experienced the most controversy. The issue, like most controversies within the Bitcoin community, stems from the scaling debate. Those who advocated for larger blocks felt that their posts The post Three cryptocurrency subreddits you should be following appeared first on Coin Rivet.
At the time of writing, Bitcoin (BTC) is trading above $7,700 after price spiked during the weekend, climbing from $7,450 to almost $8,200. BTC is trading above its 50-day, 100-day, and 200-day EMAs after a massive spike in price earlier in May which took Bitcoin through the roof on almost all exchanges. I’m hopeful the trend will continue for the time being, but there may well be another pullback on the horizon which could take BTC back to $5,800-$6,200. Of course, as more time passes, the less likely this becomes. Traders say the trend is your friend until the end. As of the middle of March, it seems we’ve been continually accumulating at higher prices, meaning we are definitely following The post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.
it’s a mixed start to the day for the majors. Following last week’s losses, the bulls will be looking to make up some lost ground on the day.
As one of the most secure blockchain networks, Bitcoin’s block space is highly valued by its users. Because of its security, Bitcoin has inadvertently fallen into a role as a data repository for businesses attempting to leverage its OP_RETURN script.The post A look at VeriBlock's relationship with Bitcoin appeared first on The Block.