Bitcoin Bitcoin, BTC to USD, rallied by 18.06% in the week ending 21st February. Following on from a 25.08% breakout from the previous week, Bitcoin ended the week at $57,376.0. A mixed start to the week saw Bitcoin fall to a Monday intraweek low $45,730.5 before making a move. Steering clear of the first major support level at $41,134, Bitcoin rallied to a Sunday intraweek high and a new swing hi $58,321.2. Bitcoin broke through the first major resistance level at $57,109 and the second major… Source link

Ethereum Ethereum rose by 1.07% on Sunday. Partially reversing a 2.17% fall from Saturday, Ethereum ended the week up by 7.34% to $1,935.57. A mixed start to the day saw Ethereum fall to an early morning intraday low $1,885.00 before making a move. Steering well clear of the first major support level at $1,804, Ethereum rallied to a late intraday high $1,976.72. Falling short of the first major resistance level at $2,034, Ethereum eased back to end the day at sub-$1,940 levels. At the time of… Source link

Ethereum price Today – Litecoin price – Litecoin price – Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – February 22nd, 2021 | Fintech Zoom | Fintech Zoom For the day ahead Litecoin would need to move through the $227.25 pivot level to support a run at the first major resistance level at $234.24. Support from the broader market would be needed, however, for Litecoin to break out from Sunday’s high… Source link

“Bitcoin moon” or “Bitcoin to the moon” has been a favorite saying of BTC fans for years. Now, they … [+] are watching liftoff, thanks to institutional investor adoption, and new ETFs making it easier for retail traders to buy. getty Finally, Bitcoin has liftoff. Guys in the market were predicting Bitcoin $50,000 in early January. We’re there. Now what? Is it worth chasing? Nothing is worth chasing if you’re investing money you cannot afford to lose,… Source link

internet security and data protection concept, cybersecurity getty Now a trillion-dollar asset, bitcoin is paramount to cryptocurrency culture after its 60% hike this month, surpassing any traditional asset in this record-breaking milestone. Since its introduction to the financial market in 2009, this first-of-its-kind cryptocurrency has been marked by high volatility and price fluctuations. Being a “highly speculative asset”, U.S. Treasury Secretary… Source link

Bitcoin miners are seeing gold despite the cryptocurrency’s recent fall. NurPhoto/Getty Images  A new study of 30,000 Americans reveals 50% view cryptocurrencies as safe investments. The survey also revealed 57% of investors think companies should accept crypto as payment. Though crypto enthusiasts have mixed opinions on whether bitcoin will ultimately serve as a medium of exchange or simply a store of value. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.

Tesla CEO Elon Musk against the backdrop of a financial chart showing Bitcoin going to the moon. KMR Images Last year at this time, Bitcoin was under $5,000. Now it’s over $50,000, though that is temporary. It can go back to $30,000 in a week as fast as it can go to another all-time-high. Sorry. I hope it didn’t jinx it. The reason Bitcoin is rising is because institutional investors are getting into Bitcoin as a store of value. Tesla TSLA … Source link

A Polkadot logo sits blurred over a screen displaying the icons of numerous cryptocurrencies, led by … [+] Bitcoin. KMR Images Last week, I reached out to some professional crypto fund managers I know in Russia to give me their top crypto investments so I could get in on the action. One of the names that came up had also been mentioned by others I have not spoken to before, but everyone seemed to be on the same page: Polkadot (DOT) was the new altcoin… Source link

The Proof-of-Stake model has been around since 2012, when it emerged as an alternative way to achieve consensus than Bitcoin’s computationally heavy Proof-of-Work. However, it’s taken until now for PoS to take off, spurred by the launch of staking on high-profile platforms including Ethereum 2.0, Polkadot, and Cardano.  Despite epic price rises since the start of the year and the fact that it’s the second-biggest cryptocurrency by total market capitalization, Eth2 lags behind… Source link

Elon Musk (Photo by BRENDAN SMIALOWSKI/AFP via Getty Images) AFP via Getty Images OBSERVATIONS FROM THE FINTECH SNARK TANK With more than 47 million followers on Twitter, Elon Musk’s tweets get a fair amount of attention. That’s an understatement, of course. His tweets move markets. When he changed his Twitter bio in late January to #bitcoin, the price of Bitcoin rose nearly 20% in a matter of hours. Musk has also tweeted about Dogecoin, but claimed… Source link