Monthly Archives: December 2020

Stellar Lumens, Monero, Algorand Price Analysis: 23 December

Inspired by Bitcoin’s recent price surge, altcoins Monero and Algorand shot higher along with the broader market, while Stellar went against the trend and registered a decline in price. Stellar Lumens [XLM]  Source: XLM/USD, TradingView Unable to sustain the upward momentum set by Bitcoin’s price, Stellar has seen a volatile month of December. Last week saw the crypto asset scale to a 2-week high but has retracted over the past few days. At press time, Stellar was trading at $0.15,… Source link

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Valid Points: Forget Staking, There Are Still Coins to Be Mined on PoW Ethereum

‘Twas the penultimate night before Christmas, when all through the network, every machine was stirring, down to even the smallest Raspberry Pi.  While businesses, the stock markets and many restaurants will be closed for the holidays, Ethereum 2.0, like all other blockchain networks, will be humming along the same as any other day of year without interruption.  This has implications for validators, the main participants of Eth 2.0, who are responsible for keeping the network secure all… Source link

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Tech Trends For 2021-Batteries And Bitcoin

Almost everyone will be happy to see the curtain close on 2020 and hopefully enjoy a much better year in 2021. For investors, that means searching for new growth opportunities. Though technology will likely remain attractive going forward, it’s probably best to look beyond some of the usual suspects, like the FAANGs and Tesla TSLA, which already have steep valuations. Here are three tech trends to watch in the year ahead.   BATTERIES Now that Tesla has succeeded in advancing… Source link

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Bitcoin Rally Attracts Wave Of Private Investment As Leading Blockchain VC Raises New $120 Million Fund

Bitcoin in Uncharted Territory. (Photo Illustration by Nik Oiko/SOPA Images/LightRocket via Getty … [+] Images) SOPA Images/LightRocket via Getty Images The bitcoin rally has seen the cryptocurrency climb to uncharted highs and this hasn’t just been reflected in the markets. Away from the exchanges and OTC desks setting the price of BTC, private and institutional investor interest is growing at pace. Evidence of this can be seen in the growth of crypto… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 23rd, 2020

Ethereum rose by 4.73% on Tuesday. Partially reversing a 4.72% slide from Monday, Ethereum ended the day at $636.82. A mixed start to the day saw Ethereum fell to a late morning intraday low $587.54 before making a move. Finding support at the first major support level at $587.20, Ethereum rallied to a late intraday high $638.50. Coming within range of the first major resistance level at $638.65, Ethereum eased back to end the day at $636 levels. At the time of writing, Ethereum was down by… Source link

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Why This Former Billionaire And Goldman Sachs Veteran Now Sees Bitcoin Hitting $50,000 In 2021

Bitcoin has surged over the last few weeks, smashing through its 2017 peak and treading fresh ground for the first time in three years. The bitcoin price has more than doubled in the last two months, a bull run that began when payments giant PayPal PYPL announced it would support bitcoin purchases (though with a worrying catch). Now, former hedge fund billionaire-turned bitcoin and crypto investor, Michael Novogratz, has said he can see bitcoin hitting $50,000 next… Source link

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Bitcoin 2021: What Next?

getty This is my map for the next run in bitcoin (BTC) as per my mid-November guestimates: My prediction for the bitcoin price in 20201 Credit: ADVFN ADVERTISEMENT You can look at it this way, too: Another view of the predicted bitcoin price Credit: ADVFN This is the trajectory I’m expecting over the next few weeks. It is fiendishly difficult to predict these verticals. It doesn’t… Source link

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Litecoin price poised for a correction after massive uptrend to $120

Several indicators show Litecoin price might need to pull back further.  The digital asset remains trading inside a robust uptrend on the daily chart. Litecoin price is up by almost 60% in the past week hitting a new 2020-high at $124. The digital asset has experienced a healthy correction down to $98 but might need to drop even further as several indicators have turned bearish. Litecoin price flashes a significant sell signal on various time frames On the daily… Source link

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Cardano, Monero, BAT Price Analysis: 22 December

Cardano had a long-term bullish outlook as it traded above the mid-range after establishing and sweeping key highs and lows. Yet its short-term momentum was bearish, and a retest of the $0.149 support was likely. Monero dropped beneath a level of support and could head as low as $140 before the bulls step in. Basic Attention Token was headed toward the $0.212 level of support. Cardano [ADA] Source: ADA/USDT on TradingView The range for ADA has its upper and lower boundaries at $0.173 and… Source link

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