Ethereum Ethereum slid by 6.86% on Wednesday. Reversing a 1.15% gain from Tuesday, Ethereum ended the day at $320.63. A mixed start to the day saw Ethereum rise to an early morning intraday high $344.64 before hitting reverse. Falling short of the first major resistance level at $348.88, Ethereum slipped to a mid-morning low $332.77. Ethereum fell through the first major support level at $337.61 before striking an afternoon high $343.44. The return to $340 levels was brief, however, with Ethereum… Source link

There is still a level of uncertainty surrounding the Monero project Internal Revenue Service is seeking a tool that can be used to trace privacy coins like Monero As long the price of Monero is above $80 this cryptocurrency is not in the “sell” zone If the price jumps above $100 it would be a signal to buy this cryptocurrency and we have the open way to $110 The price of Monero (XRM) has advanced from $61 above $105 in less than three months and the current price stands… Source link

The bitcoin market continues to display weakness; xDai total value locked shows interest in Ethereum scaling solutions. Bitcoin (BTC) trading around $10,285 as of 20:00 UTC (4 p.m. EDT). Slipping 1.8% over the previous 24 hours. Bitcoin’s 24-hour range: $10,250-$10,575 BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin trading on Coinbase since September 21.(TradingView) Bitcoin’s price had remained in a narrow range since Monday, as the… Source link

According to the Bloomberg crypto newsletter, a key on-chain indicator suggests that Bitcoin (BTC) is currently greatly undervalued.  Bitcoin active addresses, the 30-day average. Source: Glassnode. Bloomberg’s crypto analyst Mike McGlone believes that the recent all-time highs in Bitcoin’s hashrate and more importantly, the 30-day average of active Bitcoin addresses, suggests a $15,000 price level for the asset: “The Bitcoin hash rate continues to increase and recently reached new… Source link

DeFi Pulse fixed a bug that led to a substantial misreporting of total value in decentralized finance protocols, former acting White House chief of staff Mick Mulvaney joined the Chamber of Digital Commerce and there’s a new stablecoin that functions like a savings account.  Top shelf Fresh capitalCrypto projects are raising funds as the industry continues to build out decentralized protocols. Ethereum data firm Dune Analytics, a Github-like platform which provides DeFi insights, has 

Litecoin 4 Hour Price Update Updated September 24, 2020 11:19 PM GMT (07:19 PM EST) Litecoin closed the last 4 hour candle up 0.04% ($0.02); this denotes the 6th candle in a row an upward move has occurred. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the last 4 hour candle in terms of percentage price change. Litecoin Daily Price Recap 42.94 (USD) was the opening price of the day for Litecoin, resulting in the previous day being one in which… Source link

The upcoming U.S. presidential election has become one of the most contentious in history, fraught with searing divisions over everything from the economy to race to the continued health of democracy itself.   So it’s not surprising that Wall Street options traders are now pricing in expectations of elevated market volatility around the November election. Analysts for the investment banking giant Goldman Sachs noted earlier this month that price swings of nearly 3% are implied around… Source link

Source: Adobe/puhimec Fueled by what its developer calls a “smart” gameplay that enables players to earn litecoin (LTC) tokens, Litecoin game LiteBringer has led to a spike in transactions carried out with the use of the major cryptocurrency over the past days. The game has seemingly pushed the LTC transaction volume to roughly 140,000 on September 22 which represented a more than fourfold increase compared with less than 32,000 on September 13. However, at the same time, LTC fees… Source link

Bitcoin Dominance rose to 61.66 and could rise to 64 in the coming weeks and at press time the world’s largest cryptocurrency is being traded at $10,436. Source: CoinStats Altcoins like  Bitcoin SV could be set to bounce off a level of support but was more likely to sink beneath the same level in the near-term. Monero showed its uptrend was at an end and could lose a level of support while BAT showed indecisiveness in the near-term but was likely to be headed south. Bitcoin SV [BSV] Source: Source link

Litecoin Litecoin rallied by 3.15% on Tuesday. Partially reversing an 8.43% slump from Monday, Litecoin ended the day at $44.51. It was a mixed start to the day. Litecoin fell to an early morning intraday low $42.77 before making a move. Steering well clear of the first major support level at $40.62, Litecoin rallied to a late intraday high $44.82. Falling short of the first major resistance level at $46.66, Litecoin eased back to wrap up the day at sub-$45 levels. At the time of writing,… Source link