Buying pressure appears to be mounting in Bitcoin markets, according to the so-called “Coinbase Premium,” which measure the difference in BTC’s Therefore, while Bitcoin has waffled over $49,000 over the last few days, definitive movement over $50,000 could be imminent. At press time, the price of Bitcoin on Coinbase was $47,288.80; this was roughly $50 more than its price on Binance, where the price was $47,228.40. Coinbase’s price data plays a particularly important role in the… Source link

Ethereum Ethereum fell by 0.77% on Sunday. Following a 1.45% fall from Saturday, Ethereum ended the week up by 11.65% to $1,803.75. A bullish start to the day saw Ethereum rise to a mid-morning intraday high $1,852.47 before hitting reverse. Coming up short of the first major resistance level at $1,875, Ethereum fell to a mid-afternoon intraday low $1,785.07. Steering clear of the first major support level at $1,764, Ethereum revisited $1,830 levels before easing back. At the time of writing,… Source link

Litecoin Falls 11% In Rout Investing.com – was trading at $198.606 by 21:16 (02:16 GMT) on the Investing.com Index on Monday, down 10.69% on the day. It was the largest one-day percentage loss since January 21. The move downwards pushed Litecoin’s market cap down to $13.756B, or 0.94% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $15.048B. Litecoin had traded in a range of $198.606 to $215.518 in the… Source link

Litecoin price seems to be facing just one significant resistance barrier on the way up. The digital asset looks ready for a breakout above $230 into a new high at $280. However, LTC could see a significant pullback before a new leg up. Litecoin faced a significant sell-off in the past 24 hours, like the rest of the market. Nonetheless, bulls bought most of the dip and aim for new highs as they only face one key resistance level before a massive breakout. 

The market is rallying and so are many of the altcoins. Even though Monero is no longer among the major altcoins, it has been witnessing a similar rally as other altcoins. Over the past couple of days, XMR’s value has been surging and at the time of writing, the digital asset was being traded at $232.94. Monero six-hour chart  Source: XMRUSD on TradingView The above chart of Monero showed that the value of the cryptocurrency was surging higher almost every day over the past week. Monero… Source link

Altcoins plunged steeply on Feb. 14 after the price of Bitcoin (BTC) achieved a new all-time high above $49,000. The timing of the altcoin market’s drop was noteworthy because it corrected as BTC was rallying, which typically does not happen. So why exactly did altcoins crash? There are two main reasons why the altcoin market pulled back despite the strength of the dominant cryptocurrency. First, when the price of Bitcoin rallied to a new record-high, it sucked out most of the volume in the… Source link

Bitcoin has been buoyed in recent months by endorsements from the likes of Paul Tudor Jones and Stan Druckenmiller. Bitcoin reached a new record on Sunday rising above $49,000 for the first time. The world’s largest cryptocurrency reached about $49,344 earlier in the day, and was around $49,202 as of 10:20am in London. It is now up about 70% so far this year. Rival cryptocurrency Ether hit a record on Saturday and is up about 150% year-to-date. Bitcoin has been buoyed in recent months by… Source link

For the past 10.5 months, Wall Street has been enjoying an incredible rally. For instance, the benchmark S&P 500, which tumbled 34% in less than five weeks during the first quarter of 2020, ended the year higher by more than 16%. That’s nearly double its average annual return over the past 40 years. The tech-heavy Nasdaq Composite performed even better. But neither index has been able to hold a candle to the returns offered by the largest… Source link

They say that crime doesn’t pay. They obviously hadn’t met the Joker… Dark web cybercrime boss retires after making a billion in bitcoin getty The most popular stolen payment card marketplace on the dark web is no more. The criminal behind the Joker’s Stash site, which trades in stolen credit and debit card data, has announced that all servers and backups will be wiped, and the site will never open again. That criminal, who unsurprisingly goes by the… Source link

Dogecoin, the meme-based cryptocurrency that has been called a “joke” by its creator, has exploded in popularity over recent weeks. The dogecoin price has climbed thanks to attention from billionaires, rockstars, and  YouTubers—with Tesla TSLA chief executive Elon Musk, who was once voted “dogecoin CEO” and named it his “fav” cryptocurrency, this week tweeting: “Dogecoin is underestimated.” Now, with the dogecoin price up a blistering 600% since late January, developers who… Source link