Monthly Archives: November 2020

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 27th, 2020

Ethereum Ethereum slid by 8.58% on Thursday. Following on from a 6.06% fall on Wednesday, Ethereum ended the day at $520.34. A mixed start to the day saw Ethereum rise to an early morning intraday high $577.00 before hitting reverse. Falling short of the first major resistance level at $598.85, Ethereum slumped to a late morning intraday low $480.08. Ethereum fell through the first major support level at $546.36 and the second major support level at $523.94. More significantly, Ethereum fell… Source link

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This Is How Confiscated Bitcoin, Ethereum, And Monero Sold By The Taxman

Source: Adobe/stockphoto-graf Selling the confiscated EUR 6.4m (USD 7.63) in crypto for the Lithuanian tax authority was a lengthy and complicated process that lasted at least two months and required long preparation and detailed coordination between the seller, supplier, trading partners, and intermediary banks so as to avoid issues and delays during the sale, according to the CEO of the Lithuanian investment and exchange service that performed the sale. As previously reported, on… Source link

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Bitcoin slumps after rallying to all-time high

Bitcoin slumped as much as 13 per cent on Thursday after surging to an all-time record in the previous session — a blow to the view that the latest rally is built on long-term foundations, but seen by some analysts as a short-term “correction”. The exchange rate reached slightly less than $16,320 in morning trading in London, less than 24 hours after hitting a record high of $19,510. Bitcoin has risen about 50 per cent in the past three months, and about 140 per cent… Source link

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3 Reasons Bitcoin Crashed by $3,000 – And Why It’s Still Bullish

Bitcoin suffered a price crash earlier on Thursday, having missed record highs by a narrow margin earlier this week. The top cryptocurrency by market value fell from over $19,300 to $16,327 during the early European trading hours and was last seen trading near $17,200, representing a 10% drop on a 24-hour basis, according to CoinDesk 20 data. The sudden fall caught many traders off-guard, given the cryptocurrency was trading just 2% short of its record high of $19,783 on Wednesday. So,… Source link

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Litecoin – Smaller Property Like Ethereum Are Booming As of Late | Fintech Zoom

It appears to be like like everybody has been so obsessive about bitcoin as of late that individuals have forgotten about a few of the smaller cash that the asset is thought to compete with. Currencies equivalent to Ethereum, Litecoin, Ripple’s XRP and Chainlink. Ethereum and Smaller Property Are Additionally Booming To an extent, we will’t blame people for trying away contemplating how effectively bitcoin has been doing. The forex has reached its highest level in three years and is… Source link

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Bitcoin over $19,000! Ethereum and Litecoin record fresh 2020 highs

New highs for cryptocurrencies Ethereum and Litecoin prices peaked at new highs as public interest in cryptocurrencies continues to soar. These digital coins joined Bitcoin’s surge towards $19,000 in the recent strong trends. Ethereum hit $623 this week. It’s up by a massive 384% since the beginning of the year. The uptrend is impressive, but it’s still far from the all-time high of $1500 in January 2018. Ethereum is the world’s… Source link

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Bitcoin tumbles by more than $2,000 as cryptocurrency bulls cash in on this month’s stellar run | Currency News | Financial and Business News

Reuters/Lucas Jackson Bitcoin fell over 10% on Thursday as cryptocurrency traders cashed in on their Bitcoin holdings that have gained 20% in value this month alone.  The digital token looked set to hit a record high of $20,000 this week. After such a swift rally, traders said a number of large investors booked profits on their holdings — many of which may have been moved to exchanges to secure a better price. “It feels more and more like we’re hitting a Bitcoin tipping point,” a… Source link

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Bitcoin price suddenly drops 11% as whales move BTC to exchanges

Bitcoin (BTC) dropped $1,000 in minutes on Nov. 26 as a long-awaited pullback hit the market at close to $19,500. BTC price hits $17,250 lows Data from Cointelegraph Markets and TradingView showed BTC/USD experiencing major volatility overnight on Wednesday. After nearly hitting $19,500 during the day’s trading, after-hours saw a period of bearish indecision that ended in a sharp sell-off. Bitcoin then bounced at $17,250, capping daily losses of around 5%. BTC/USD 1-hour chart. Source:… Source link

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Bitcoin (BTC USD), Ethereum, Litecoin Plunge After Rally Near Record High

Bitcoin and other digital currencies plunged Thursday, a slide likely to stoke speculation about the durability of the boom in cryptocurrencies. Bitcoin slumped as much as 8.7%, the most since early August, while digital coins like Ether also tumbled. Analysts said that profit-taking after the recent rally, and speculation about tighter regulations, were… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 26th, 2020

Ethereum Ethereum slid by 6.06% on Wednesday. Following on from a 0.63% decline on Tuesday, Ethereum ended the day at $568.79. A mixed start to the day saw Ethereum fall from an intraday high $606.49 to a mid-morning low $579.35 before finding support. Ethereum fell through the first major support level at $588.83 before a move back through to $600 levels by late morning. Falling short of the first major resistance level at $622.6, however, Ethereum slid to a late intraday low $554.00. Ethereum… Source link

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