While Bitcoin and Ethereum registered gains in the near-term, the altcoin markets shared a bullish outlook. In fact, the Crypto Fear and Greed Index noted a figure of 88, at press time. Further down the crypto-ladder, while Monero faced some resistance in the vicinity of $125, Polkadot’s momentum swung in favor of the bulls and could last over the coming days as well. Finally, Compound lacked significant buying volume, even as it recorded steady gains from its recent $100-floor. Monero [XMR]
Read More »Yearly Archives: 2020
Evolving Ethereum: What The Second-Largest Cryptocurrency’s 2.0 Upgrade Means For Investors
12:00:23 GMT, December 1, 2020. This is the time and date set aside for Ethereum 2.0’s genesis block – representing the biggest upgrade to Ethereum’s network since its inception, and possibly the largest for any established cryptocurrency. But what does the arrival of 2.0 mean for investors? In early November, the Ethereum Foundation commenced the first process of the long-awaited Ethereum 2.0 upgrade specifications, detailing the rules of the genesis phase 0. The phase… Source link
Read More »Bitcoin price hits $19K as bulls show no fear of record futures gap
Bitcoin (BTC) returned to $19,000 on Nov. 30 as a weekend surge continued to produce fresh gains for investors and hodlers. BTC price up 18% against weekly lows Data from Cointelegraph Markets and TradingView showed BTC/USD retaking another key psychological level during Monday trading. The weekend had already produced major upside for the pair, which late last week dived to $16,300. By the start of Monday, $18,600 had appeared, with Bitcoin going on to deliver returns of at least 17% versus… Source link
Read More »Ethereum and these four coins to explode in december
Source: Inked Pixels – Shutterstock Analyst Lark Davis predicts, that Ethereum, XRP, AAVE, AXS and Polkadot will rise in december. The DeFi market and all protocols could see a strong growing adoption in the next months. With the crypto market looking to recapture the momentum it lost towards the end of last week, investors are on the prowl for profit opportunities to pounce on. Lark Davis, a crypto influencer and analyst, has revealed some top digital assets for investors to watch as 2020… Source link
Read More »LTC ready for a massive rebound, targeting $100
Litecoin is on the verge of a breakout to $100, mostly if the seller congestion at $80 is overcome. The bullish narrative might be invalidated if the TD Sequential indicator’s sell signal on the weekly chart is confirmed. Litecoin is in the middle of a recovery mission after bouncing off the support of $64. The digital asset is trading at $79 while battling the resistance at $80. A break above $80 is likely to catapult LTC towards the coveted $100. Litecoin… Source link
Read More »Bitcoin Braces For A Shock $500 Million Earthquake
Bitcoin and cryptocurrency markets have swung wildly over the last week with the bitcoin price briefly nudging its 2017 all-time high. The bitcoin price climbed to around $19,500 per bitcoin last week before a sharp correction saw it fall as low as $16,000. Now, the bitcoin price has bounced back, giving a boost to other major cryptocurrencies, after a $200 billion asset-manager revealed it could “seek investment exposure to bitcoin indirectly” to the tune of $500 million via the… Source link
Read More »‘Black Friday’ BTC sale officially over? 5 things to watch in Bitcoin this week
Bitcoin (BTC) is back this week as a rebound takes the largest cryptocurrency ever closer to new all-time highs — what’s in store? Cointelegraph takes a look what could move Bitcoin markets in the coming days as buyers emerge and $16,000 gets left behind — at least for now. Bitcoin cancels Black Friday discounts The main story among Bitcoiners on Monday is its performance over the weekend. After plumbing depths of $16,300 last week and failing to get much higher than $17,000 in the days… Source link
Read More »Litecoin – Bitcoin and Altcoins Regain Energy and Bullish Momentum | Fintech Zoom
Bitcoin price gained bullish momentum after it broke the USD 17,800 and USD 18,00Zero resistance ranges. BTC even climbed above the USD 18,250 and USD 18,500 ranges. The price is at present (05:00 UTC) consolidating good points, with key hurdles close to USD 18,680 and USD 18,800.Equally, there was a gradual rise in most main altcoins, together with ethereum, XRP, litecoin, EOS, XLM, LINK, BNB, TRX, bitcoin cash, and ADA. ETH/USD carried out properly and it surpassed the USD 565 and USD 580… Source link
Read More »Bitcoin and Altcoins Regain Strength and Bullish Momentum
Bitcoin price gained bullish momentum after it broke the USD 17,800 and USD 18,000 resistance levels. BTC even climbed above the USD 18,250 and USD 18,500 levels. The price is currently (05:00 UTC) consolidating gains, with key hurdles near USD 18,680 and USD 18,800.Similarly, there was a steady rise in most major altcoins, including ethereum, XRP, litecoin, EOS, XLM, LINK, BNB, TRX, bitcoin cash, and ADA. ETH/USD performed well and it surpassed the USD 565 and USD 580 resistance levels…. Source link
Read More »Canadian Public Company Dumps Ethereum and Monero for Bitcoin
A Canadian publicly held company has liquidated all of its ethereum and monero holdings and put all of the proceeds into bitcoin. The company is led by a well-known poker player and former member of the European Parliament. Cypherpunk Dumps Monero and Ethereum for Bitcoin Cypherpunk Holdings, a Toronto-headquartered company listed on the Canadian Securities Exchange (CSE), announced Thursday that it has increased its… Source link
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