Ethereum Ethereum fell by 1.22% on Sunday. Following on from a 0.14% loss on Saturday, Ethereum ended the week down by 3.49% to $1,784.0. A mixed start to the day saw Ethereum rise to an early morning intraday high $1,818.86 before hitting reverse. Falling short of the first major resistance level at $1,850, Ethereum slid to a late morning intraday low $1,748.25. Ethereum fell through the first major support level at $1,782 and the second major support level at $1,757. Steering clear of… Source link

Litecoin price has formed a head and shoulders pattern on a 4-hour chart indicating a bearish outlook. If LTC slices through the neckline at $191.86, a 15% drop to $159.85 seems likely. However, a bounce from the demand barrier leading to a decisive close above $208 could invalidate the bearish setup. Litecoin price has tapped a demand barrier multiple times in the last two weeks. Therefore, a breakdown of this level could spell disaster for LTC. Litecoin price at crossroads Litecoin… Source link

DETROIT, March 21, 2021 /PRNewswire/ — Bitcoin and cryptocurrencies have become an increasingly popular payment method for online casinos today. One of the main reasons is all the benefits you get from bitcoin payments, such as increased privacy, low fees, fast payouts, larger bonuses, and extra security. There’s some disadvantages to bitcoin casinos you need to watch out for, though.  Some gambling sites that accept bitcoin can be shady and attempt to rip you off with unfair games and… Source link

Bitcoin has soared by almost 1,000% over the last 12 months—a rally that’s been outmatached by the second-most-valuable cryptocurrency ethereum. The bitcoin price has surged from under $10,000 this time last year to around $60,000 per bitcoin while ethereum has added 1,200%, climbing from just over $100 per ether token to almost $2,000. However, despite bitcoin’s recent success, some fear that central bank digital currencies (CBDCs) could be “kryptonite” for bitcoin and similar… Source link

Gains over the past 24 hours saw Tron rise to a multi-year high above $0.066. Monero was restricted below $238.6-resistance, while Tezos presented an upside at the $5-mark in a bullish outcome. Lastly, SNX showed signs of a recovery since the pullback in late-February. Tron [TRX] Source: TRX/USD, TradingView An upwards breakout from an ascending channel saw Tron snap a local high at over $0.066, a level last seen in May 2018. Higher highs on the OBV showed strong buying pressure as the… Source link

Bitcoin mining is hugely energy intensive, requiring vast amounts of computing power Alessandro Bianchi/Reuters Bitcoin mining can help the development of renewable energy technologies by allowing a quicker return on green investments, according to the head of one of North America’s biggest crypto miners. Mike Colyer, chief executive of Foundry, a sister company of major bitcoin player Grayscale, told Insider he thinks bitcoin can be “a bridge between our current energy production… Source link

Bitcoin (CRYPTO:BTC) has rewarded investors with stellar returns over the past year, making it enticing for newcomers to jump in and see how much they could “win.” So far, the cryptocurrency has soared to new record highs every month of 2021 as more investors flock to Bitcoin to capture diversification and opportunity.   Now, there’s another incentive that makes investing in Bitcoin an option for those who haven’t dived in yet or those who simply… Source link

Ethereum Ethereum rose by 1.86% on Friday. Partially reversing a 2.63% loss from Thursday, Ethereum ended the day at $1,809.38. A bearish start to the day saw Ethereum slide to an early morning intraday low $1,734.29. Ethereum fell through the first major support level at $1,740 before rallying to a late intraday high $1,840.69. The rally saw Ethereum break through the first major resistance level at $1,832 before falling back to sub-$1,810 levels. At the time of writing, Ethereum was down by… Source link

Elon Musk, the Tesla TSLA billionaire and outspoken bitcoin supporter, raised eyebrows among investors when he added $1.5 billion worth of bitcoin to his electric car company’s balance sheet last month. The bitcoin price has soared since Musk bet on bitcoin but concerns around bitcoin’s huge carbon footprint have weighed on the cryptocurrency. Now, hedge fund manager Anthony Scaramucci, whose 2017 tenure as Donald Trump’s communications director lasted just 11 days, has said… Source link

They say that the simplest way to beat the system is through emotionless investing. The irony, however, is that there is no form of investing in which emotions are not involved. If you have been part of the Bitcoin community, then you are not unfamiliar to price predictions ranging from zero to hundreds of millions of dollars. While very few of these predictions are backed by technical analysis, most of them are just guesses driven by people’s feelings at different times. As cryptocurrencies… Source link