Photographer: Giulia Marchi/Bloomberg Photographer: Giulia Marchi/Bloomberg Crypto.com has been on a blitz marketing its digital token. With risk appetite running rampant again in global markets, the campaign is turning into a case study… Source link

While Bitcoin (BTC) has been showing weakness in recent weeks as BTC price dropped from $12,000 to $10,000, some light at the end of the tunnel is showing up. The price of Bitcoin showed support at the psychological barrier of $10,000 and bounced numerous times as it’s already close to $11,000. Most importantly, can Bitcoin break through this crucial area and continue its bullish momentum? Bitcoin holds $10,000 to avoid any further correction on the markets The price of Bitcoin couldn’t… Source link

One of the interesting things about cryptocurrency investors is they really do look at the world very differently from many of their counterparts in traditional finance.  The thinking goes something like this: The efforts of governments and central banks to repair the economy are doomed to fail, and likely to make the situation worse. There is no point in moving to a defensive investment strategy because prices for digital assets are going to the moon. Every time the stock market goes up,… Source link

The US IRS offers $500,000 for anyone who breaks Monero’s privacy robustness. CipherTrace has developed a tool that can trace Monero transactions. Monero is on the verge of a breakdown to $75, especially if the wedge pattern support is broken. It is obvious why governments around the world do not have a liking for privacy-oriented cryptocurrencies. Governments and their institutions do not like to be in the dark. However, anonymous coins such as Monero (XMR) and… Source link

Disclaimer: The following article attempts to analyze the emerging trends in the Litecoin long-term market and its impact on price.  The Litecoin market has been witnessing increased volatility as it surpassed its immediate resistance at $49.5 and was being valued at close to $51. However, the digital silver could not hold on to this price for long and experienced a sell-off that pushed the price of the asset as low as $45. Even as the recovery effort was underway, LTC’s current price is… Source link

Bitcoin (BTC) price trajectory is looking to favor bulls going forward, statistician Willy Woo believes as the market nears $11,000. In a series of tweets on Sept. 14, Woo highlighted strength in market composition and said that current price levels could be a useful entry point for investors. Woo: Little chance of “catastrophic” BTC price dump “Another impulse of coins changing hands has completed, the next directional move over the coming weeks is likely upwards,” he… Source link

Litecoin Litecoin rose by 1.93% on Monday. Reversing a 1.65% decline from Sunday, Litecoin ended the day at $49.12 A mixed start to the day saw Litecoin fall to an early morning intraday low $47.15 before making a move. Steering clear of the first major support level at $46.64, Litecoin rallied to a late afternoon intraday high $49.66. Falling short of the first major resistance level at $50.38, Litecoin slipped back to sub-$49 levels before recovering to $49 levels. At the time of writing,… Source link

More than $1 billion worth of Bitcoin (BTC) has now been tokenized to access decentralized finance (DeFi) protocols on the Ethereum (ETH) network. That’s equivalent to the entire total value locked (TVL) in DeFi less than four months ago. According to DeFi Pulse, roughly 98,300 BTC, worth $1.05 billion, has been tokenized using protocols other than Blockstream’s Lightning Network — equating to more than 12% of the DeFi’s sector’s $8.57 billion combined capitalization. Number of… Source link

Key Takeaways Bitcoin is poised to advance another 7% past $11,000 based on patterns forming on its 4-hour chart. Ethereum could drop as much as another 35% based on momentum from its hard fall from yearly $480 highs. Overall uncertainty in the crypto market grows as prices continue to move sideways this September. Share this article Bitcoin looks ready to advance past $11,000 after a week of consolidation. Ethereum is projected to start falling again despite 10 days of slowly… Source link

This past weekend, data shows the most active bitcoin options contracts were calls for $28k, $32k, and $36k by the year’s end. This means a number of options traders are betting the price of bitcoin will exceed the all-time high (ATH) the decentralized currency touched in December 2017. On September 14, researchers from the data analytics firm Skew.com tweeted about an unusual number of call options for December 2020 that are well above the 2017 ATH. “[December 2020] $28k, $32k, [and]… Source link