Last week was one of the most exciting weeks in 2020 for the crypto community, with an abundance of bullish news for Bitcoin and the achievement of a huge milestone for the Ethereum Foundation. Bitcoin’s new all-time high is $19,911, and this price was reached at 11:00 UTC on December 1, according to data by CryptoCompare. An hour later, Ethereum 2.0’s Beacon Chain successfully launched. The Beacon Chain is a Proof-of-Stake (PoS) blockchain, and it signals the first step in the plan to… Source link

Ethereum fell by 1.74% on Monday. Following on from a 0.78% decline on Sunday, Ethereum ended the day at $591.47. It was a blended begin to the day. Ethereum rose to an early morning intraday excessive $603.40 earlier than hitting reverse. Falling wanting the primary main resistance degree at $611.84, Ethereum slid to a late intraday low $584.54. Ethereum fell via the primary main help degree at $587.69 earlier than a partial restoration to finish the day at $591 ranges. On the time of… Source link

The Monero (XMR) price has finally moved above the $133 resistance area, something it had been struggling to do for the entire month of November.   Monero is expected to continue moving upwards and will likely accelerate once it’s able to move out from the short-term trading pattern outlined below. Monero Long-Term Levels Since the end of October, the XMR price has been struggling to move above the $133 resistance area, which is also the 0.382 Fib retracement level… Source link

Bitcoin (BTC/USD), Litecoin (LTC/USD), Ethereum (ETH/USD), Technical Analysis – Talking Points Cryptocurrencies appear to be showing signs of fading momentum Bitcoin idling under all-time highs with SMAs supporting uptrend Litecoin, Ethereum consolidating as volatility makes large swings Bitcoin has been consolidating against the US Dollar just under all-time highs, with other cryptocurrencies such as Litecoin and Ethereum, exhibiting similar trading dynamics. Recent price… Source link

Ethereum Ethereum fell by 1.74% on Monday. Following on from a 0.78% decline on Sunday, Ethereum ended the day at $591.47. It was a mixed start to the day. Ethereum rose to an early morning intraday high $603.40 before hitting reverse. Falling short of the first major resistance level at $611.84, Ethereum slid to a late intraday low $584.54. Ethereum fell through the first major support level at $587.69 before a partial recovery to end the day at $591 levels. At the time of writing, Ethereum was… Source link

“Weak longs” might be causing the price to slip in the bitcoin market but ether locked in DeFi is back on the upswing. Bitcoin (BTC) trading around $19,067 as of 21:00 UTC (4 p.m. ET). Slipping 0.68% over the previous 24 hours. Bitcoin’s 24-hour range: $18,923-$19,433 (CoinDesk 20) BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin trading on Bitstamp since Dec. 4.Source: TradingView A fairly tepid market Monday opened the week, keeping… Source link

In the run-up to the 2017 market peak, stories abounded of traders who bought bitcoin in the spot market just a few months before only to cash out to the tune of hundreds of thousands, if not millions, of dollars. The days of tripling or quadrupling your money in just a week or two just by buying bitcoin may be behind us. But since those heady days of three years ago, the crypto derivatives market has taken up the mantle of being the place where astonishing returns can occasionally be had by… Source link

Litecoin price is currently bounded inside an ascending triangle pattern on the 4-hour chart. It seems that LTC whales have been selling significant quantities of the coin, indicating strong selling pressure. Litecoin is currently trading at $83.71 inside an ascending triangle pattern on the 4-hour chart. Several on-chain metrics show that large LTC investors are selling, which adds selling pressure to the market and shifts the odds in favor of the bears. 

Singapore is funding blockchain R&D. Germany’s second-largest stock exchange’s crypto app saw $1.21 billion in trading volumes this year. Grayscale is seeing a growing number of “Ethereum-first” institutional buyers.  Top shelf Ethereum investorsThere’s a growing class of institutional buyers interested in gaining exposure to ether, Ethereum’s native currency, at Grayscale, said the firm’s managing director, Michael Sonnenshein. “Over the course of 2020 we are seeing a new… Source link

Monero (XMR) price has reached intraday highs of $144, with the next target likely to be $200 if bulls remain committed to the latest uptrend XMR has an intraday peak of $144, with the privacy coin’s price posting an impressive run in the past 24 hours. As it appears, bulls could be set for another higher close on the daily chart. The picture will concretise if buyers build on the momentum that has seen its price rally by more than 10%. XMR/USD daily chart. Source: TradingView The RSI is… Source link