Blockchain

Buying bitcoin at Dublin’s Southside ATM

You can visit our Buy Bitcoin page to get bitcoin right now if you can’t get to Dublin to use the alternative Northside ATM, or read about the new (in May 2019) Southside ATM as well as the Cork ATM. So here at BitcoinsInIreland.com we always try to cover bitcoin news around the country. A little while ago, we noted that Dublin’s second bitcoin ATM was in installed this year, giving people a simple way to walk up, put in money, and get bitcoin

Published

3 years ago

April 7, 2018

Republished by Plato

Dublin’s second bitcoin ATM, at Busyfeet & Coco, South William St

[5th February 2015 Update – The ATM in Busyfeet & Coco has now been removed. Read here for more information] You can visit our Buy Bitcoin page to get bitcoin right now if you can’t get to Dublin to use the alternative Northside ATM, or read about the new (in May 2019) Southside ATM as well as the Cork ATM.

So here at BitcoinsInIreland.com we always try to cover bitcoin news around the country. A little while ago, we noted that Dublin’s second bitcoin ATM was in installed this year, giving people a simple way to walk up, put in money, and get bitcoin sent to their (generally) mobile wallet. So at a recent Bitcoin Dublin meetup, which go on every second Wednesday from about 6.30pm at the café, we thought it would be good to review the process of buying bitcoins, step by step.

The café offers some nice food, drinks and alcohol, giving those looking to get a few beers in bitcoin a chance to again, as the Baggot Inn stopped accepting it last year when it changed ownership. They also accept bitcoin through the use of a bitpay tablet at their till, and I’ve been in there a few times with different members of staff serving me, and all of them had no bother getting it done in a busy café environment.

If you walk in, and down the stairs, perched in the stairwell is Dublin’s second bitcoin ATM, which is a skyhook model. There is some general information about bitcoin, but not a user guide as such, so I’ve put together this little step by step guide to show how it works. Apologies for the poor photo quality, but I needed the flash as it was evening when I was in.

Once you walk up to the ATM, you will need to give it a bitcoin address through a QR code for your wallet address. Then you feed in money into the ATM (I only tried twenties), and it will give you the market price for the amount you have, and then you hit send to send it to your wallet. See the steps below, and click the photo to see it in full screen.

Just a note on the price it charges, I checked the euro price on my phone at the time, and the bitcoin ATM only added a few percent over the market rate.

The transaction is now on it’s way over the blockchain

Bitcoins received in my wallet, confirming away

Just keep in mind, if you are planning on buying bitcoin to spend in the café, you’re better doing this at the start of your trip, as it may cause problems if you immediately go to the till, as the network needs to confirm bitcoins before you can use it, anywhere from a few minutes to an hour depending on your choice of wallet.

If you’re looking to buy bitcoin or cryptocurrencies, we can recommend a few options that we use ourselves. If you want to get crypto quickly with a debit or credit card, we recommend CEX. If you would like to trade peer-to-peer using cash or bank transfers, we recommend LocalCoinSwap or if you’d like to register for an exchange with a solid mobile app you can make bank payments or debit/credit card payments to, you can earn a bonus €9 on your first €90 purchase with Coinbase. If you’re looking for a fully featured crypto exchange and trading platform with a wide variety of cryptocurrencies and tokens, we recommend Binance

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Source: https://bitcoinsinireland.com/buying-bitcoin-at-dublins-southside-atm/

Blockchain

Kraken Daily Market Report for January 26 2021

Published

56 mins ago

January 27, 2021

Republished by Plato

Overview

Total spot trading volume at $1.33 billion, near the 30-day average of $1.65 billion.
Total futures notional at $542.6 million.
The top 5 traded coins were, respectively, Bitcoin, Ethereum, Tether, Polkadot, and Chainlink.
Although Chainlink (-1.0%), Litecoin (-1.7%) and others were down; Bitcoin(+1.2%), Ethereum (+3.3%), and Uniswap (+23%) were up.

January 26, 2021 $1326.2M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD
XBT $32529. ↑1.2% $552.5M	ETH $1358.7 ↑3.3% $442.4M	USDT $1.0011 ↑0.1% $149.3M	DOT $17.117 ↓0.4% $40.4M	LINK $23.059 ↓1.0% $25.0M
USDC $0.9999 ↑0.0% $20.2M	BCH $427.28 ↓0.9% $19.6M	UNI $13.853 ↑23% $18.5M	ADA $0.3441 ↑0.7% $16.7M	LTC $134.74 ↓1.7% $14.6M
XRP $0.2681 ↑0.3% $13.2M	AAVE $277.08 ↑13% $8.43M	XLM $0.2614 ↑0.3% $5.41M	XTZ $2.9084 ↓0.26% $4.2M	FIL $22.180 ↓1.0% $3.61M
CRV $2.1399 ↑7.2% $3.43M	ALGO $0.6021 ↑8.6% $3.36M	SNX $16.771 ↑8.6% $3.2M	XMR $137.92 ↑0.6% $2.92M	DAI $1.0005 ↑0.02% $2.64M
GRT $0.5361 ↑1.5% $2.22M	EOS $2.6297 ↓0.6% $2.18M	ICX $0.8948 ↑11% $2.08M	COMP $236.97 ↑12% $1.95M	ATOM $7.7332 ↑0.29% $1.82M
YFI $30280. ↑3.6% $1.69M	KEEP $0.3131 ↓4.2% $1.5M	KSM $102.03 ↑3.4% $1.33M	BAT $0.2989 ↓3.0% $1.28M	OMG $3.4422 ↓2.7% $1.19M
DASH $104.90 ↑0.4% $1.19M	TRX $0.0295 ↑0.2% $1.11M	XDG $0.0082 ↓0.7% $1.09M	QTUM $3.4386 ↑4.6% $1.04M	MLN $36.117 ↓5.6% $1.01M
NANO $3.2120 ↑1.2% $1.0M	MANA $0.1665 ↑1.0% $916K	ZEC $89.189 ↑1.6% $914K	WAVES $6.8173 ↑2.5% $905K	KAVA $2.3313 ↓1.5% $643K
ETC $7.4335 ↓0.7% $520K	STORJ $0.4256 ↑9.9% $393K	KNC $1.3156 ↓0.04% $355K	OXT $0.2995 ↑1.7% $288K	ANT $4.0750 ↑5.1% $270K
SC $0.0044 ↓1.2% $266K	PAXG $1869.4 ↑0.3% $246K	REP $21.454 ↑4.4% $221K	LSK $1.3000 ↓1.6% $187K	GNO $115.59 ↑0.8% $177K
BAL $21.730 ↑3.7% $127K	REPV2 $19.177 ↓0.6% $59.7K	TBTC $33172. ↓2.6% $56.2K

#####################. Trading Volume by Asset. ##########################################

Trading Volume by Asset

The figures below break down the trading volume of the largest, mid-size, and smallest assets. Cryptos are in purple, fiats are in blue. For each asset, the chart contains the daily trading volume in USD, and the percentage of the total trading volume. The percentages for fiats and cryptos are treated separately, so that they both add up to 100%.

Figure 1: Largest trading assets: trading volume (measured in USD) and its percentage of the total trading volume (January 26 2021)

Figure 2: Mid-size trading assets: (measured in USD) (January 26 2021)

Figure 3: Smallest trading assets: (measured in USD) (January 26 2021)

#####################. Spread %. ##########################################

Spread %

Spread percentage is the width of the bid/ask spread divided by the bid/ask midpoint. The values are generated by taking the median spread percentage over each minute, then the average of the medians over the day.

Figure 4: Average spread % by pair (January 26 2021)

.

#########. Returns and Volume ############################################

Returns and Volume

Figure 5: Returns of the four highest volume pairs (January 26 2021)

Figure 6: Volume of the major currencies and an average line that fits the data to a sinusoidal curve to show the daily volume highs and lows (January 26 2021)

###########. Daily Returns. #################################################

Daily Returns %

Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (January 26 2021)

###########. Disclaimer #################################################

The values generated in this report are from public market data distributed from Kraken WebSockets api. The total volumes and returns are calculated over the reporting day using UTC time.

Source: https://blog.kraken.com/post/7623/kraken-daily-market-report-for-january-26-2021/

Blockchain

Solana targets growth in Southeast Asia with a $5M grants scheme

Published

1 hour ago

January 27, 2021

Republished by Plato

Solana has turned its focus towards decentralized finance in Southeast Asia with a new $5 million development fund.

The Solana Foundation created the fund in partnership with Vietnam-based investment firm Coin98 Ventures, enabling regional startups building on Solana to receive technical, marketing, and community support, as well as up to $100,000 in funding. The fund will run for the next three years with a specific focus on projects within the DeFi and Web3 spaces, including marketplaces, exchanges, and other DApps or tooling.

This is one of the first grants specifying a core region of interest, with a particular focus on Vietnam. Solana Foundation Executive Director Eric Williams:

“Our goal is to create the optimal conditions for developers in Southeast Asia to build amazing things on Solana.”

According to the announcement, “project teams may be distributed, but must have a physical presence in Southeast Asia.” The announcement makes it clear that if they do not have a presence there, they will not qualify for the fund.

Williams explained that the foundation partnered with Coin98 Ventures because of the technical and community support they can provide, adding that the key to this fund being successful is the combination of financial and technical support:

“Sometimes hurdles can be solved with extra money, other times they cannot.”

DeFi is gaining traction within the Solana ecosystem, driving trading volume to all-time highs earlier this month.

Using treasuries and fund campaigns to boost developer ecosystems within blockchains is common with programs already available for a range of blockchain networks including Bitcoin, Ethereum, OkCoin, and Polkadot.

In September last year, Polkadot received one of the largest fund boosts to date with Digital asset development company RockX investing $20 million to support the Polkadot ecosystem over the next five years.

Source: https://cointelegraph.com/news/solana-targets-growth-in-southeast-asia-with-a-5m-grants-scheme

Blockchain

TA: Bitcoin Holds Strong At $31K, Why The Bulls Are Facing Uphill Task

Published

2 hours ago

January 27, 2021

Republished by Plato

Bitcoin price is stuck in a range below the $33,500 and $33,800 resistance levels against the US Dollar. BTC is likely to continue lower unless it clears the $33,800 resistance.

Bitcoin retested the $31,000 zone and managed to stay in a range.
The price is currently facing resistance near $32,800 and the 100 hourly simple moving average.
There is a short-term ascending channel or a » Read more

” href=”https://www.newsbtc.com/dictionary/bear/” data-wpel-link=”internal”>bear flag forming with support near $31,900 on the hourly chart of the BTC/USD pair (data feed from Kraken).

The pair could trade in a range, with a strong resistance near $33,500 and $33,800.

Bitcoin Price Is Facing Strong Resistance

After a failed attempt to clear the $35,000 resistance, bitcoin price trimmed gains and traded below $33,800. BTC even broke the $32,500 level and settled below the 100 hourly simple moving average.

There was a spike below the $31,000 level, but it remained stable above $30,800. A low is formed near $30,823 and the price is currently recovering higher. It surpassed the 23.6% Fib retracement level of the downward move from the $34,915 high to $30,823 low.

Bitcoin price is currently facing resistance near $32,800 and the 100 hourly simple moving average. The 50% Fib retracement level of the downward move from the $34,915 high to $30,823 low is also near $32,800.

Source: BTCUSD on TradingView.com

At the outset, it seems like there is a short-term ascending channel or a » Read more

” href=”https://www.newsbtc.com/dictionary/bear/” data-wpel-link=”internal”>bear flag forming with support near $31,900 on the hourly chart of the BTC/USD pair. To continue higher, the bulls need to gain strength above $32,500, $32,800 and the 100 hourly SMA.

The next strong resistance is near the $33,500 and $33,800 levels. A close above $33,800 could increase the chances of a steady rise in the coming sessions.

Fresh Dip in BTC?

If bitcoin fails to clear the $32,800 resistance or $33,500, it could start a fresh decline. An initial support is near the channel support at $31,900.

A clear break below the channel support could open the doors for a larger decline towards the $30,800 support. Any more losses may possibly call for a downside break below the $30,000 support zone.

Technical indicators:

Hourly MACD – The MACD is struggling to gain momentum in the bullish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now close to the 50 level.

Major Support Levels – $31,800, followed by $30,800.

Major Resistance Levels – $32,800, $33,500 and $33,800.

Source: https://www.newsbtc.com/analysis/btc/bitcoin-holds-strong-at-31k/