Monthly Archives: March 2021

What Is It, History and How to Buy

Litecoin Litecoin is a peer-to-peer cryptocurrency and open-source software project. A cryptocurrency is a digital “coin” that acts similarly to a traditional fiat currency. You can use cryptocurrencies to buy goods and services at retailers, though not nearly as many retailers accept cryptos as they do traditional money. The difference, though, is that while fiat currencies like the U.S. dollar, the euro and the pound sterling are backed by the full faith and credit of a country or… Source link

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Better Buy: Grayscale Bitcoin Trust vs. Grayscale Ethereum Trust

You don’t have to buy Bitcoin (CRYPTO:BTC) or Ethereum (CRYPTO:ETH) tokens directly to gain some cryptocurrency exposure these days. Investors looking for a flexible stock exchange-listed play with little-to-no upfront costs may want to consider Grayscale Bitcoin Trust (OTC:GBTC) or the smaller Grayscale Ethereum Trust (OTC:ETHE) as a fresh portfolio addition. There are some pros and cons for going with one of Grayscale’s trusts, and we’ll kick those… Source link

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Institutions Bet Big On Bitcoin

Finance and business concept. Investment graph and rows growth and of coins on table getty According to data from the CME Group CME , the world’s largest futures and options exchange, bitcoin futures open interest—expressed in contract terms—grew by at least 100% for eight months in a row continuing through in February 2021. Furthermore, the capital tied up in these contracts grew at an exponential 1,405% annual rate from $156 million at the… Source link

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Climate concerns to crime: Bitcoin’s dark side draws scrutiny | Business and Economy News

Bitcoin’s latest rally to another all-time high north of $60,000 may have lost some steam this week, but its blistering ascent since last year has reignited concerns about the toll Bitcoin is taking on people and the planet. In the United States, President Joe Biden’s administration has voiced concerns over Bitcoin’s role in money laundering, the potential fallout of financial speculation, and Bitcoin’s environmental impact. In China, where more than half of new Bitcoins are mined,… Source link

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CrytpoSignatures Launches The First Collection of NFT Signatures on The Ethereum Blockchain

LOS ANGELES, March 17, 2021 /PRNewswire/ — CryptoSignatures.org has released the first and only collection of 1 of 1 world-famous signatures on the Ethereum blockchain through the NFT marketplace opensea.io. The NFT collection includes digital representations of signatures from legendary athletes, musical geniuses, tech titans, and the world’s most famous and influential people.  Only one CryptoSignature per person will ever be released and minted to the blockchain. For thousands of… Source link

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Ethereum’s Proof-of-Stake May Happen Sooner Than You Think

Eth 2.0 may be coming to a computer screen near you quicker than most anticipated, including the Ethereum developers. Last week, Vitalik Buterin released a “quick merge via fork choice change” document – a lighter version of the Executable Beacon Chain for quick deployment. While only a loose technical document, the plan ostensibly serves as a notice against any further agitation from Ethereum miners as the merge would allow Ethereum to abandon mining in a rapid fashion. The Executable… Source link

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Bitcoin and Litecoin Move Closer to Their Privacy Improvements

Source: Adobe/pixarno Bitcoin (BTC) and Litecoin (LTC) getting even more closer to their privacy-related upgrades: Taproot for the former, and MimbleWimble (MW) for the latter. The Speedy Trial (ST) proposal for Taproot, a protocol upgrade that should improve Bitcoin’s privacy and flexibility, has received a lot of ‘ACKs’ over the past eleven days, signaling the community’s support for it and the upgrade activation. The vast majority of the participants voiced their acknowledgment… Source link

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Should You Chase Ethereum Here Or Wait For A Pullback?

In my previous article on Ethereum (ETH) from three weeks ago, I was “… looking for a somewhat tricky, whipsawing, move higher, ideally to around $1880+/-40, but it could even challenge the recent all-time high. From there, I expect several weeks of downside back to $1200+/100. After that, I anticipated the next rally to ~$3000+. However, a weekly close below $1200 targets $900…” Fast forward, and ETH topped this week, so far, at $1891. Thus, using the Elliott Wave Principle (EWP) and… Source link

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Bovada adds support for Litecoin, bracing LTC price for gigantic liftoff

Litecoin lands support on Bovada, one of the leading online sports platforms. Bovada praises Litecoin for its algorithm that ensures faster deposits and withdrawals. LTC has resumed recovery eyeing an upswing to $250. Bovada, a leading online sportsbook, has added support for Litecoin. The company sent information to its users on March 16, praising LTC for its algorithm that ensures faster deposits and withdrawals. According to the company, many firms start by… Source link

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