Vaynermedia Gary Vaynerchuk discussed how non-fungible tokens are disrupting the digitalization of goods in a recent interview. He said it remains to be seen how potential cryptocurrency regulation affects bitcoin’s long-term success. He also spoke about how social norms could change in comparison to the last 20 years. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Angel investor Gary Vaynerchuk spoke about jobs being lost due to technological… Source link
Read More »Monthly Archives: March 2021
Ethereum, Monero, Dogecoin Price Analysis: 13 March
Ethereum displayed signs of short-term weakness as it was unable to climb past the $1777 mark over the past few days. Monero was consolidating under resistance, and Dogecoin showed little volatility as it sought the $0.054 level of support once more. Etheruem [ETH] Source: ETH/USD on TradingView Over the past few days, the $1755-$1777 area has served as a region of both demand and supply for Ether. At the time of writing, ETH appeared to be testing it as an area of resistance, and selling… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 13th, 2021
Ethereum Ethereum fell by 3.22% on Friday. Reversing a 1.75% gain from Thursday, Ethereum ended the day at $1,767.79. A mixed start to the day saw Ethereum rise to an early morning high $1,841.96 before hitting reverse. Falling short of the first major resistance level at $1,874, Ethereum slid to an early afternoon intraday low $1,721.15. The sell-off saw Ethereum fall through the first major support level at $1,752 before finding support. Steering clear of sub-$1,700 levels, Ethereum revisited… Source link
Read More »Ethereum Cofounder Reveals How Radical Upgrade Could Challenge Bitcoin For Crypto Price Dominance
Ethereum, the second-largest cryptocurrency after bitcoin, has soared over the last year, climbing alongside the surging bitcoin price. The bitcoin price has eclipsed its late-2017 highs of around $20,000 per bitcoin, roaring to almost $60,000 in recent weeks, while the price of ethereum’s ether token has also forged into fresh territory—up 30% from its early 2018 peak. Now, a proposed upgrade to the ethereum blockchain that will destroy (or “burn”) ether tokens could mean ethereum… Source link
Read More »The BlockFi Bitcoin credit card waitlist is open — should you apply?
Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. Pay with your credit card, and pay yourself back in bitcoin — that’s the value proposition of the new BlockFi Bitcoin Rewards Credit Card, which recently opened its waitlist to everyone…. Source link
Read More »Why Bitcoin Is More Like a $100 Bill Than Gold
This week, two developments point toward continued interest in bitcoin as a medium of exchange, the reason the “commerce on the internet” meme may be more accurate than the “digital gold” narrative. One of the developments is the debut of a service allowing use of Lightning – a protocol built to scale transactions on the Bitcoin blockchain – for payments with online merchants that use the Visa network. The company behind the service is called Moon, and it uses a similar… Source link
Read More »Why Litecoin Is Poised To Bounce Versus Bitcoin
Litecoin has had a brutal “bull market” if you can even call it that for the once popular cryptocurrency built on Bitcoin’s code. However, that all might soon turn around, as a massive bounce is brewing on the LTCBTC trading pair. A reversal on the trading pair could help Litecoin catch up to the rest of the market, which has already set new all-time highs and then some. If and when LTC recovers against BTC, the upside could be swift and violent. Here’s why. How Long It’s Been… Source link
Read More »Ethereum Prices Are Set to Go Ballistic on NFT Mania
Just three years ago, Ethereum’s (CCC:ETH-USD) first NFT craze hit the market. Collectible online cats – known as CryptoKitties – were adorable and personalizable. But unfortunately for early investors, the digital equivalent of beanie babies performed precisely like their real-world counterparts. It wasn’t long after the most expensive kitty sold for $170,000 that prices collapsed. The infinitely multiplying number of cats, paired with limited consumer appeal, meant… Source link
Read More »What Will the Ethereum Protocol Changes Do for Nvidia’s GPU Sales?
The crypto bull market remains in full throttle. This has been good news for Nvidia (NVDA). The chip giant sells the GPUs used as crypto mining rigs, providing the company with another stream of revenue. RBC’s Mitch Steves estimates that between January 31 and March 7, the company generated between $225 and $275 million in revenue from the sale of GPUs for the purpose of mining Ethereum – the second largest cryptocurrency by market cap. There are two ways for miners to earn their money;… Source link
Read More »Cardano, Monero, VeChain Price Analysis: 12 March
Cardano slipped beneath the $1.09 level after a bearish retest of the $1.14 mark. Monero saw some selling pressure at $220, but the tussle between bears and bulls wasn’t yet decided. VeChain was strongly bullish as it climbed toward a technical target of $0.077. Source: CoinStats Meanwhile, Bitcoin was trading at $55,669 with a 24-hour trading volume of over $58 billion. Cardano [ADA] Source: ADA/USDT on TradingView ADA slipped beneath a short-term range it had formed over the past week…. Source link
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