Cryptocurrency News With URL like coinrivet.com

Bull market approaches as Ethereum coils up in preparation for major upside move
Keep up to date with all the latest news from Coin Rivet. By signing up, you agree to our terms & conditions and privacy policy Cryptocurrencys second-largest coin in terms of market cap Ethereum looks like it may topple yearly highs despite falling 6% overnight. Following an extended rally from $140 at the start of April, Ethereum tested the daily 200 exponential moving average (EMA) before consolidating between the $160 level of support and the $181 level of resistance. In spite of the recent drop to $165, Ethereum looks to be coiling up for a fairly dramatic move to the upside. Bitcoin produced an Easter Sunday rally to lift itself above $5,350 before stalling just short of $5,700, but much like in 2017, numerous altcoins fell against their BTC trading pair.

Trader closes $34 million Bitcoin short position following reversal signal
Keep up to date with all the latest news from Coin Rivet. By signing up, you agree to our terms & conditions and privacy policy The amount of Bitcoin short positions on cryptocurrency exchange Bitfinex fell by 20% this morning. There was nearly 23,000 Bitcoin being held in short positions overnight, but this dwindled dramatically this morning following a 6,500 Bitcoin short order being closed. Usually a move of this magnitude would move the Bitcoin price to the upside, but the cryptocurrency stalwart has remained below the $5,350 level of resistance. The lack of price action could be attributed to a hidden sell order being placed, which would mean that in spite of the $34 million short position closing, price would remain pegged to the hidden order.

Altcoins moving upwards - Are the bulls back?
Keep up to date with all the latest news from Coin Rivet. By signing up, you agree to our terms & conditions and privacy policy Although Bitcoin has been trading sideways for the past week, the same cannot be said for some of the major altcoins. Stellar, Cardano, Dash, and others have been making some serious gains over the past seven days. I cannot state with certainty that the altcoin bull season has started. However, some analysts suggest there's a strong likelihood we may experience an early altcoin bull season as investors and hodlers aim to increase their ROI to later convert into BTC. On the other hand, a sudden drop in the price of Bitcoin to previous support levels around $3,500 could ruin any hope of a serious run before spring.

Pillar CEO David Siegel reveals complexity of operating a business in a bear market
Keep up to date with all the latest news from Coin Rivet. By signing up, you agree to our terms & conditions and privacy policy The cryptocurrency bear market has been dragging on for 14 months, beginning in January 2018 when the parabolic advances of the previous year came to a grinding halt. The bull market that preceded it was spurred by a hype-driven Initial Coin Offering (ICO) revolution that saw companies capitalise on a new wave of capital fundraising. Coin Rivet recently spoke to the honest and upfront CEO of Pillar Project David Siegel, who has experienced the highs and lows of starting a company at the height of a bull market and the subsequent period of consolidation after raising $20 million in July 2017.

Is the cryptosphere ready to be hit by Lightning (Networks)?
You might be wondering what is a Lightning Network In this article, we'll cover how the Lightning Network works, it's benefits to the cryptosphere, and the future of the Lightning Network. In a 2015 white paper, Joseph Poon and Thaddeus Dryja presented their Lightning Network idea as the solution to enhance the acceleration of transactions on Bitcoins blockchain. The main idea is that the network sits on top of the blockchain and will settle payments between users with private channels without registering them on the primary ledger. The Lightning Network is an off-chain network that allows users to set up private channels between themselves to record their transactions, which will only become part of the blockchain once the channel is closed and the final balance is settled. Its underlying idea is that not all transactions need to be recorded on the blockchain.

Loki?s Simon Harman: Blockchain space needs patience, honesty and responsibility
Coin Rivet: Tell us about yourself and Loki. SH: I lead the team at the Loki project. We're building a suite of privacy tools for internet users to keep their communications, transactions, and internet access secure, private, and censorship free. Using our network of user-run Service Nodes, the Loki network will provide a variety of features, such as the Loki Messenger, an end-to-end encrypted, decentralised messenger that uses the network to store messages offline and to route messages and packets in such a way that prevents anyone bar the recipient from knowing that you sent a message in the first place, let alone what was in it.

Daily Bitcoin trading volume has been on the rise over the past three months
Daily Bitcoin trading volume has been on the rise since a significant spike in November 2018. Looking at the data over the last 12 months, the daily volume seems to have broken out of the range it was trading at throughout most of 2018. Bitcoin volume is still finding daily support at over $1 Billion wonder if you can tell the story of each spike in volume from Bitcoin The data for this graphic comes from the Crypto Pro app. The app takes volume data from most major crypto spot exchanges, including Coinbase, Kraken, Poloniex, Bitfinex, OKcoin, Bitstamp, Gemini, and Binance. As you can see in the volume data over the last 12 months, Bitcoin spent the majority of the year trading between $500 million and $1 billion. However, since the November sell-off (where price broke down under $6,000), we have seen a sustained rise in trading activity across spot exchanges.

Citigroup wishes traders "good luck" ahead of Brexit vote as volatility returns to GBP. Is Crypto a safe hedge?
Global investment bank Citigroup has told traders good luck ahead of the House of Commons meaningful vote on Brexit on Tuesday evening. While volatility is usually associated with cryptocurrencies, Tuesday's vote is expected to cause violent swings in fiat currency price action, prompting concern from brokerage firms. According to Bloomberg, London-based TransferWise is placing a £10,000 cap on transfers to and from the UK for a 24-hour period starting at 9am on January 15th. The company's limit is usually £1 million. FWIW, absolute ATM vol levels in $GBPUSD today (left image) are way below the levels we saw before the #Brexit vote in June 2016 (right image). pic.twitter.com/CdMXJt4qhy

Under half of Ethereum nodes are ?ready? for the Constantinople upgrade
At the time of writing, only 46% of Ethereum nodes are ready for Ethereums Constantinople upgrade. The data is taken directly from the Ether nodes API. In the table below, you can see the total number of nodes and also the number of nodes running under either the Parity or Geth clients. As you can see from the data, only 46% of the total nodes are sending the ready signal. For the enterprise nodes (Parity), we can see that around 45% of them are ready, compared to just under half of the Geth clients. The Parity client is used in more enterprise applications and Geth is used by more consumer applications (like Ethereum wallets).

Artwork tribute to Bitcoin legend Hal Finney is up for auction
The artist Cryptograffiti has created a piece of artwork celebrating the contributions of Bitcoin legend Hal Finney. My latest work commemorates the 10th anniversary of @halfin's involvement in Bitcoin. Repurposed credit cards sit atop a used bank deposit box. Inside, a custom @CasaHODL node allows you to "run bitcoin." Embedded is Hal's signed credit card given to me by his wife Fran. 1/4 pic.twitter.com/bpLTWtxH4Q cryptograffiti (@cryptograffiti) January 11, 2019 Specifically, Cryptograffiti said that his latest work commemorates the 10th anniversary of cryptographer Hal Finney's involvement in Bitcoin.

Streaming money with Layer two
Lightning Network users can now receive funds from other users without the need to first create Lightning invoices. Spontaneous Lightning Payments using only your Node ID (without invoice) are almost here! from Bitcoin This new feature will allow users to create spontaneous Lightning payments and may also allow users to start streaming money directly through the Layer 2 scaling solution for the Bitcoin blockchain. The update was released as a new GitHub commit for the LND Lightning implementation. The pull request was submitted by Olaoluwa Osuntokun, the CTO of Lightning Labs. As part of the release, Olaoluwa (also known in the community by his nickname roasbeef) said that the new feature will give the ability to send a payment to a destination without first needing to have an invoice.

Volume on the Augur prediction market platform is seriously dwindling
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Bitcoin's failure to break out and subsequent dump demonstrates the fragility of the market
After three days of valiantly attempting to break out of the $4,050 level of resistance, Bitcoin slumped to a 5% move to the downside on Thursday. Interestingly, there was no news or fundamental changes that affected price action, demonstrating the fragility of this immature asset class. Volatility in cryptocurrency isn't a new concept. Bitcoin and the more illiquid altcoins often make substantial moves in either direction without a real catalyst. While this is attractive to day traders, it really diminishes Bitcoin's status as a store of value and an international payment service. The claim of Bitcoin advocates is that Bitcoin will revolutionise cross-border money transfers, but when price can move 5% in a 30-minute period when a transaction is being confirmed, it hardly represents value or stability.

Is Bitmain about to announce a new CEO?
Bitcoin mining hardware giant Bitmain may be about to name a new CEO to replace company co-founders Jihan Wu and Ketuan Zhan. As reported by the South China Morning Post, it seems that the Bitmain board may now turn to Haichoao Wang, their current product engineering director. Wu and Zhan, who founded Bitmain in 2013, own 21% and 37% of the company respectively, according to the IPO prospectus. Back in December, Coin Rivet reported that Bitmain may be about to ditch their co-CEO system. The current rumour is that Wang has already taken over duties from co-CEOs Wu and Zhan in a transition period that started last month.

New Bitrefill service aims to make Lightning payment channels easier to set up
Stockholm-based start-up Bitrefill has released a new service that should make it easier for users to open new payment channels on the Lightning Network. The service, called Thor, will allow users to open payment channels with Bitrefill's well-connected Lightning nodes. Users will also be able to set their own custom channel capacities for payments  from 300,000 to 16,000,000 Satoshis. Introducing Thor, the new custom Lightning channel-opening service from @Bitrefill. Connect anyone to the Lightning Network with an app and a link. CoinDesk: https://t.co/ZNLwcOnEWL Thor: https://t.co/NQQbipCIqA#GiveLightning #LightningNetwork #Bitcoin pic.twitter.com/tAEc7sKurc

Trace Mayer thinks institutional money is still to arrive in Bitcoin
According to Bitcoin OG Trace Meyer, of the $110 trillion of global institutional assets under management, institutional investors have only put $5-7 billion into Bitcoin or crypto. Trace took to Twitter to claim that the vast majority of capital allocated into the crypto asset class today has come from the retail market. Essentially no capital allocated to #Bitcoin or crypto-currencies. Empty infinitely expandable wealth storage vessel to absorb capital flows. As sterile asset, $BTC price increase is wealth transfer from other assets. A black hole on the world's balance sheet. Will be legendary. pic.twitter.com/1ISjBrFLgS

Kidnappers demand ?9 million cryptocurrency ransom for wealthy Norwegian woman
Cyber-criminals have demanded a 9 million cryptocurrency ransom for a missing 68-year-old women in Norway, according to local news outlet VG. Anne-Elisabeth Falkevik Hagen, who is married to one of Norway's richest men, has been missing since October 31st. The case has been kept quiet by the media over the past 10 weeks over fears that coverage could cause harm to the missing woman. In addition to investigations by local police, Interpol and Europol are now also looking into the case, although they have received no signs of life from Hagen since her disappearance in October. Norwegian police believe that the 68-year-old was taken from her home in Sloraveien, with forensics teams analysing traces of the kidnappers in the bathroom of Hagen's detached house.

Crypto exchange ShapeShift lay off 37 staff amid bear market - Coin Rivet
The cryptocurrency bear market has taken another set of victims, with 37 members of staff at crypto exchange ShapeShift being let go due to market conditions. ShapeShift CEO Erik Voorhees issued an update in a Medium post, writing: Today, we let 37 employees go, reducing the size of our team by a third. It's a deep and painful reduction, mirrored across many crypto companies in this latest bear market cycle. The bear market has affected numerous cryptocurrency start-ups during the last 12 months. Ethereums production studio ConsenSys laid off 13% of their staff in December, while Steemit reduced their payroll by 70% in a structural reorganisation.

CryptoMillionsLotto - Coin Rivet
Dies ist keine finanzielle Beratung und wir beraten Sie führen Ihre eigenen Recherchen durch, bevor Sie in ein ICO investieren. Wir haben einige erfüllt Anleitungen für ICOs das lohnt sich, bevor Sie etwas investieren. CryptoMillionsLotto will be a driving force in creating a new and vast market, dramatically expanding the cryptocurrency universe by driving mass adoption to cryptocurrency use. Unlike conventional lottos, CryptoMillionsLotto will be truly global and will use cryptocurrency and blockchain to create a borderless and fully-transparent lotto experience. Tickets will be bought and payouts made in BTC, ETH and BCH, with conversion from a range of altcoins available through Shapeshift integration.

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