Bitcoin (BTC) is setting new records in almost all aspects except USD spot price, says a new digest, which concludes that 2020 is not like the 2017 rally. In a blog post on Nov. 17, Nic Carter, co-founder of statistics resource CoinMetrics, highlighted nine charts, which as of this week, are higher than ever. 10 charts highlight “clear improvements” From wallet balances over $10 to institutional holdings and even Bitcoin spot prices in various fiat currencies, the data shows that Bitcoin… Source link

Mike Novogratz/ Bloomberg.com Mike Novogratz says he expects the price of Bitcoin to hit $65,000 and told the “Game of Thrones” star Maisie Williams to buy the digital token. Williams conducted a Twitter poll Monday about whether she should buy Bitcoin. It caught the attention of several prominent names including Novogratz, Elon Musk, and the major cryptocurrency investor Barry Silbert. Bitcoin climbed as much as 4.8% to $18,480 on Wednesday, to a fresh three-year high, before… Source link

The price of Bitcoin (BTC) dropped sharply after approaching $18,500 on Binance and Coinbase. The plunge took place as large sell orders were spotted on both spot and futures exchanges. BTC/USD 15 minute chart. Source: TradingView.com As Cointelegraph previously reported, traders anticipated a pullback as the price of BTC neared the $18,000 to $19,000 resistance zone. Upon its first retest of the area in nearly three years, the market saw a strong reaction. Bitcoin confirms $18.5k as a key… Source link

Bitcoin (BTC) just set another 2020 high by rallying above $18,000 for the first time in three years. On Nov. 17 BTC price rallied to $17,858 after a high volume surge pushed the price cleanly through the $17,100 to $17,300 range that many analysts believed would be a strong resistance level. According to Decentrader co-founder, filbfilb, Bitcoin price could continue to march higher in the short-term if key underlying supports hold. BTC/USD daily chart. Source: TradingView The popular analyst… Source link

Ethereum-powered decentralized applications, or DApps, have attracted more than one million active users over the last 30 days according to analytics platform DappRadar.  This milestone comes as interest in decentralized finance, commonly referred to as DeFi, received a second wind, with the number of users growing by 11% in the first 11 days of November. The ten DApps, six of which describe themselves as providing “DeFi and exchange” services, represent more than $21 billion in combined… Source link

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Litecoin was one of this week’s biggest movers and shakers in crypto, beating even Bitcoin substantially. The bullish impulse took the altcoin to a year-long downtrend line against BTC but unfortunately was rejected hard. With the general consensus being that Litecoin often leads the way for altcoin trends, a further fall against Bitcoin – as analysts have been predicting – could be coming. Litecoin Lights Up Green As The Cheapest Crypto Coin On… Source link

The Hourly View for LTC Last Updated November 19, 2020, 03:016 GMT Currently, LTC’s price is up $0.1 (0.13%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. Of note is that the 50 hour changed directions on LTC; it is now pointing up. The moving averages on the hourly timeframe suggest a choppiness in… Source link

Bitcoin, after climbing steadily since early September, has suddenly leaped higher—jumping toward its all-time highs of around $20,000 per bitcoin set in late 2017. The bitcoin price is up around 10% over the last three days, soaring toward $18,000 even as the recent equity market rally stalls. However, some have warned a bitcoin price correction might be just around the corner—with one bitcoin price analytics company predicting bitcoin could soon fall back to just $14,000. MORE FROM… Source link

Text size Dreamstime Bitcoin jumped above $17,500 on Tuesday, closing in on its all-time highs. The cryptocurrency is benefiting as big money starts to jump in… Source link