The last 24-36 hours have been difficult for most of the crypto-market, with the likes of Monero, Waves, and Maker all following Bitcoin’s lead to drop down the price charts. With BTC holding steady above the $54k-mark at press time, it seems unlikely that corrections would be around for a long time, however. Monero [XMR] Source: XMR/USD on TradingView Monero, the crypto-market’s leading privacy coin, was ranked 22nd on CoinMarketCap, at press time. Like the rest of the altcoin market, Source link

SINGAPORE, March 16, 2021 /PRNewswire/ — Since completing the design of the secure multi-party computation algorithm in the solution Ethereum 2.0 Proof of Custody and implementing its first phase code last April, PlatON has been in close communication with Ethereum. Now, the two parties are about to launch a new round of cooperation to enhance the security of MPC project in the Ethereum 2.0 standard. To solve the data availability in Ethereum 2.0, the cooperative project – “MPC-based”… Source link

NVIDIA (NASDAQ:NVDA) recently announced a trendy new product: a cryptocurrency mining processor (CMP). These chips are specifically designed for mining Ethereum (CRYPTO:ETH), and the first shipments are expected to launch later this month. This move has several big implications for NVIDIA’s business. Here’s what investors should know. What does it mean to mine Ethereum? Every time someone sends or receives an Ethereum token, a transaction occurs. And… Source link

Ethereum Ethereum fell by 2.89% on Monday. Following on from a 3.79% slide on Sunday, Ethereum ended the day at $1,795.07. A mixed start to the day saw Ethereum rise to an early morning high $1,893.75 before hitting reverse. Falling short of the first major resistance level at $1,908, Ethereum slid to a late morning intraday low $1,734,87. Ethereum fell through the first major support level at $1,813 and the second major support level at $1,777. Finding late morning support, Ethereum revisited… Source link

Share Tweet Share Share Share Email Bitcoin has dipped in price as of Monday (March 15), slumping slightly from its high of $60,000 over the weekend, Reuters reported. In afternoon trading, bitcoin was down 5.3 percent at $55,865. In addition, the coin faces trouble in India, where a proposed bill would criminalize possession, issuance, mining, trading and transferring crypto assets. The bill would be in line with India’s stated goal of doing away with private virtual currencies. The… Source link

Litecoin Falls 10% In Rout Investing.com – was trading at $194.128 by 20:49 (00:49 GMT) on the Investing.com Index on Tuesday, down 10.19% on the day. It was the largest one-day percentage loss since February 23. The move downwards pushed Litecoin’s market cap down to $13.050B, or 0.78% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $15.750B. Litecoin had traded in a range of $193.548 to $202.772 in the… Source link

The 42-year-old says he first invested $40,000 in Bitcoin in 2017, and quickly made his money back as the value of the coins rose on the open market. He cashed out and got his initial money back, but then watched excitedly over the years as the 10 coins grew to be worth nearly 500,000 euros. Source link

Network congestion and high transaction costs on the Ethereum (ETH) network have been a persistent issue for investors and developers for the past year and this has shone a spotlight on blockchain projects that offer a solution to these issues.  One class of tokens that has received a boost in both trading volume and price over the past two months are gas tokens that help power transactions on their respective blockchain networks. VTHO/USDT vs. GAS/USD vs. ONG/USDT 4-hour chart. Source: Source link

Bitcoin (BTC) trading around $56,671.15 as of 20:00 UTC (4 p.m. ET). Sliding 5.30% over the previous 24 hours.  Bitcoin’s 24-hour range: $54,790.33-$60,695.91 (CoinDesk 20) BTC trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians. Bitcoin trading on Coinbase.Source: TradingView Bitcoin on Monday suffered its biggest single-day price decline in more than two weeks, after the fizzing of a retail trader-driven rally over the weekend that… Source link

Key Takeaways Bitcoin holds above a crucial support level that may allow it to rebound to new all-time highs. Likewise, Ethereum sits on top of a massive demand barrier that may absorb any downward pressure.  If investor demand continues to rise, BTC could aim for $63,000 and ETH could aim for $2,500.  Share this article Bitcoin and Ethereum began this week’s trading session on a negative note as each coin’s price dropped by more than 11%. Despite the losses incurred, the… Source link