By CCN Markets: The bitcoin price has surged by seven percent on the day, recording a 32 percent monthly gain and a 151 percent year-to-date gain against the U.S. dollar. The strong upside movement of the dominant cryptocurrency has occurred in anticipation of the opening of the CME bitcoin futures market on Monday. Factors behind the bitcoin price rally Earlier this week, when the bitcoin price was hovering at around $ 8,100, the “real 10” volume of the asset was at around $ 600 million. The real 10 volume of bitcoin refers to the verifiable volume of the asset based on the
Today, May 2, 2019, marks the official release of Bitcoin Core 0.18.0, the 18th generation of Bitcoin’s original software client launched by Satoshi Nakomoto almost 10 years ago, and still the dominant Bitcoin implementation on the network today. Overseen by Bitcoin Core lead maintainer Wladimir van der Laan, this latest major release was developed over a span of about six months, by over a hundred contributors.
Bitcoin Core 0.18.0 includes the typical range of performance improvements and bug fixes, as well as some new features.
Here’s an overview of some of the most significant changes.
In the last 24 hours, the Bitcoin price has dropped from $ 3,550 to $ 3,357 on the day’s low, by more than five percent. The abrupt decline in the Bitcoin price led the crypto market to lose nearly $ 6 billion within hours. Some major crypto assets including Bitcoin Cash (BCH) recorded losses of over 10 percent, experiencing the steepest decline in the month. Some analysts expect the Bitcoin price to drop to a new 12-month low following the short-term drop in the valuation of the crypto market. Factors in the Decline of the Bitcoin Price Since early January, for over three
The “instant payments” network running atop bitcoin saw fast user adoption levels in 2018. Will the trend continue this year?
By CCN.com: Asian and European markets opened Tuesday on a weaker note as the International Monetary Fund (IMF) warned about sluggish global growth in 2019. Weak Chinese Market Forecasts The Asian session primarily saw a slowdown in the Chinese economy. At 0625 UTC, the Shanghai Composite index was trading at 2579.669 points, down 1.15% from
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Donald Trump’s big announcement Saturday wouldn’t be the first time the word “compromise” was used as a euphemism for the government. Stealing even more of your money to pay for both big corporate political parties’ wish lists and all their friends and corporate sponsors. The big compromise is: Donald Trump gets to spend five billion
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Microsoft (MSFT) is starting off the year with a fresh batch of new games available on Xbox Game Pass, the subscription service that grants users access to a catalog of games from a range of publishers for a single monthly price. Start off the new year right with a fresh pocketful of dreams and a hard […]
Litecoin on Saturday surged more than 11 percent against the US dollar, setting a fresh 2019 peak. The litecoin-to-dollar rate established an intraday high at $ 37.539 on a bounce from near-term ascending trendline support. The “digital silver” cryptocurrency since December 27 was consolidating inside a strict range much like its peers across the crypto-board. The
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Following Christmas and a strong corrective rally on Christmas Eve, the crypto market lost over $ 18 billion within a 48-hour period. The Bitcoin price dipped below the $ 3,800 mark after a promising price surge to $ 4,300 and the Bitcoin Cash price suffered a large decline from $ 230 to $ 170 within a one-week span, losing 26
The post $ 18 Billion Wiped Out of Crypto in 2 Days, What’s Causing Extreme Volatility? appeared first on CCN
CCN spoke with Nimrod May to find out if SIRIN will continue making phones or focus on developing an OS. May also gave a side-by-side comparison of the SIRIN FINNEY and the HTC Exodus 1. SIRIN Labs launched its blockchain smartphone, the FINNEY, just a few weeks ago. In the middle of a cryptocurrency market
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After the high note with which crypto ended 2017, 2018 has been a dour reminder that crypto markets remain unpredictable at best. From its peak at nearly $ 20,000 in December, bitcoin spent most of 2018 in a steady decline. Today, bitcoin’s price is closer to $ 3,000, and the tumble has caused a ripple effect that
Since December 17, within less than three days, the Bitcoin price has surged from $ 3,181 to $ 3,776 against the U.S. dollar, by more than 18 percent. On cryptocurrency-to-fiat exchanges like Coinbase and Bitstamp, Bitcoin (BTC) has slightly corrected to $ 3,700 but the breakout of the dominant cryptocurrency above the $ 3,700 mark has led analysts to
The post Bitcoin Surges 18% in 3 Days as it Nears $ 3,800: What’s Next For the Market? appeared first on CCN
On December 14, following a fairly large sell-off from the $ 3,400 region, the Bitcoin price dropped to a new yearly low at $ 3,200. As Bitcoin (BTC) declined in value, other major cryptocurrencies including Ethereum (ETH), Stellar (XLM), and Bitcoin Cash (BCH) experienced large losses against the U.S. dollar, with BCH falling by more than 11
The post Bitcoin Price Drops to New Yearly Low at $ 3,200: What’s Causing the Decline? appeared first on CCN
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It’s been two weeks since the Bitcoin Cash (BCH) hard fork that upgraded the BCH chain and resulted in a blockchain split. But although many people have been focusing on the birth of Bitcoin SV, a number of BCH proponents are already moving forward and discussing the network’s latest upgrades, as well as the next hard fork scheduled for May.
On Coinbase and other major fiat-to-cryptocurrency exchanges, the Bitcoin price (BTC) has dropped to a new yearly low at $ 3,456. Over the past 24 hours, despite its relatively low daily volume at around $ 5.2 billion, BTC demonstrated a drop of over 12 percent, showing weakness in short-term momentum. The volume of BTC has since risen
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Since November 7, the Bitcoin Cash price (BCH) has dropped from $ 640 to $ 190, by more than 70 percent. Prior to the hash power war between Bitcoin Cash and Bitcoin Cash SV, a camp led by CoinGeek, Calvin Ayre, and Craig Steven Wright, the price of BCH plunged from $ 640 to around $ 450. BCH has continued
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In the current state of things, there are over 100 stablecoins in existence. If we look back to this time last month there was around half of that month according to a recent analysis by Edan Yago, an entrepreneur on the blockchain.
Backed by traditional stable assets such as gold or the USD, stablecoins are quick to emerge as a useful alternative for volatile digital currencies offering all the benefits of virtual currencies while providing the stability required for use as an everyday currency. These unique attributes have ended up with a big interest within the sector for new projects emerging on a weekly basis.
On Bitfinex, a leading cryptocurrency exchange, Bitcoin is being traded with a 2 percent premium based on the current price of $ 6,285. As BitMEX Research revealed, the premium of Bitcoin on Bitfinex continued to increase throughout the past week, during a period in which Tether (USDT) started to demonstrate a decline in price. Currently, on
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