Reuters/Lucas Jackson Bitcoin soared above $19,000 on Tuesday for the first time in nearly three years, bringing the cryptocurrency within spitting distance of its 2017 record. The price of bitcoin jumped as much as 3.3%, to $19,272.21, through the morning. Cryptocurrencies have garnered new interest from both Wall Street and Main Street in recent weeks as companies and traditional investors embrace digital tokens. The rally lifted other popular cryptocurrencies including Source link

Bitcoin (BTC) is currently having its second-highest trading day ever as BTC/USD is hitting a new multiyear high of $19,330.  Data from Cointelegraph Markets and TradingView provides a cause for celebration on Nov. 24 after Bitcoin suddenly tackled $19,000 resistance. BTC price sees second-best day ever Against a backdrop of rapid gains and the temptation of breaking all-time highs around $20,000, the achievement has not gone unnoticed on Bitcoin figures. Ryan Selkis, founder of data resource… Source link

Possible introduction of a velvet fork could create a bridge between Cardano (ADA) and Litecoin (LTC) blockchain. In conjunction with the NiPoPoWs the upgrade of Litecoin would allow the voluntary participation of miners with the Cardano network. Following the bullish sentiment in the market, Litecoin and Cardano have had a week of significant gains. At the time of publication, ADA and LTC  reached their annual highs at $0.16 and $89.52 respectively. In the introduction to the Litening… Source link

The price of Bitcoin (BTC) hit $19,000 on Nov. 24 for the first time since the historic rally in December 2017. Three key reasons are behind the dominant cryptocurrency’s strong momentum. The main factors buoying BTC’s ongoing rally is whale accumulation, decreasing exchange supply and explosive volume trends. BTC/USD weekly chart (Bitstamp). Source: Tradingview Whales are still accumulating Bitcoin All throughout November, Cointelegraph reported that whale clusters were steadily forming as… Source link

Bitcoin price remained in a range below the USD 18,800 resistance levels. BTC is holding the USD 18,200 and USD 18,000 support levels, but there are few bearish signs emerging. The price is currently (05:00 UTC) trading below USD 18,500 and it might soon attempt another upside break in the near term. In the past few sessions, there was a strong increase in most major altcoins, including ethereum, XRP, litecoin, EOS, XLM, LINK, BNB, TRX, bitcoin cash, and ADA. ETH/USD climbed 7% and it is… Source link

Cryptocurrency intelligence firm Ciphertrace has filed two patent applications for tools and systems to trace monero transactions. The company aims to enable the detection of criminal uses of privacy coins like monero. Monero Tracing Patents Blockchain analytics and cryptocurrency intelligence firm Ciphertrace announced Friday that it has filed two monero tracing patents. One patent is called “Techniques and… Source link

Ethereum Ethereum rallied by 8.65% on Monday. Following a 1.40% gain from Sunday, Ethereum ended the day at $609.26. A mixed start to the day saw Ethereum fall to an early morning intraday low $550.00 before making a move. Steering clear of the first major support level at $520.72, Ethereum rallied to a late intraday high and a new swing hi $611.43. Ethereum broke through the first major resistance level at $591.36 to test resistance at $610 before easing back. Late in the day, Ethereum slipped… Source link

In the last few days, Bitcoin (BTC) price has underperformed Ether (ETH) by almost 20%. Even though BTC seems to be struggling to break the $18,800 barrier, both cryptocurrencies display the same bullishness according to derivatives markets data. BTC/USD and ETH/USD at Bitstamp. Source: Digital Assets Data Ether is entering a parabolic rally as its Eth2 network launch progresses, and this optimism is reflected in the options markets. Despite the lack of similar price action from BTC, Bitcoin… Source link

Ethereum Price Breaks $600 In Anticipation Of ETH 2.0’s Launch In December Ethereum is trading at $601 after finally breaking the psychological barrier at $600 for the first time in two years. At the time of writing, around 305,920 ETH has been staked in the Eth2 deposit contract, representing 58% of what is needed for the contract to launch.  Institutional Investors Are Paying $2,750 For Litecoin As The Price Premium Widens Grayscale is known for its massive investments… Source link

Bitcoin dipped below $18,000 before recovering on higher-than-average spot volume. Meanwhile, ether’s price performance is showing a divergence from bitcoin. Bitcoin (BTC) trading around $18,374 as of 21:00 UTC (4 p.m. ET). Slipping 0.85% over the previous 24 hours. Bitcoin’s 24-hour range: $17,990-$18,752 (CoinDesk 20) BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin trading on Bitstamp since Nov. 20. Source: TradingView Bitcoin’s price was… Source link