Free burritos or Bitcoin? Chipotle Mexican Grill has both up for grabs Thursday ufor National Burrito Day. The fast-casual chain announced Tuesday it will give away $100,000 in free burritos and $100,000 in Bitcoin through an interactive game. National Burrito Day is April 1 and while Mexican food chains aren’t exactly going the whole enchilada, the day hasn’t been canceled like other food days during the COVID-19 pandemic. The made-up food holiday is held annually on the first Thursday of… Source link

We already knew that PayPal was planning to support cryptocurrencies as a form of payment. And now, the online payment app announced US customers can do just that with its “Checkout with Crypto” feature, rolling out today. After rolling out the ability for US users to directly buy and sell cryptocurrency directly from their accounts last November, PayPal’s new “Checkout with Crypto” allows users to instantly convert their Bitcoin, Ethereum, Litecoin, or Bitcoin Cash to US… Source link

One model reveals immense support and weakening resistance for Litecoin in the short term. A separate ratio has reset into the negative region, suggesting it is time to buy into LTC. Litecoin hit a barrier at the 100 SMA on the four-hour chart, giving way to the ongoing correction. Litecoin sustained the uptrend following support around $170. The descending parallel channel’s lower boundary support reinforced the level, leading to gains toward $200. A break above the… Source link

Ethereum Ethereum rallied by 7.64% on Monday. Reversing a 1.58% fall from Sunday, Ethereum ended the day at $1,815.73. A mixed start to the day saw Ethereum fall to an early morning intraday low $1,675.28 before making a move. Steering clear of the first major support level at $1,657, Ethereum rallied to a late afternoon intraday high $1,841.88. Ethereum broke through the day’s major resistance levels before easing back. The pullback saw Ethereum fall back through the third major resistance… Source link

: A photo illustration of the digital Cryptocurrency, Ethereum, is seen on September 13 2018 in Hong Kong, Hong Kong. Yu Chun Christopher Wong/S3studio/Getty Images Bitcoin and ether rose on Monday after Visa announced it will enable the use of USD Coin. “The world is going crypto and a couple more Wall Street giant endorsements should be what is needed to take prices toward $75,000 over the next couple of months,” said OANDA. Visa partnered with Anchorage to carry out its first USD… Source link

Yield farming has grown in popularity over the past year alongside the rise of decentralized finance, but recently the ability to earn a good return has been limited by the high transaction costs on the Ethereum (ETH) network.  As a result, yield farmers have begun exploring options outside the Ethereum network for more accessible opportunities in a low fee environment. One option that has shown steady growth in liquidity since launching is Flamingo Finance (FLM), a DeFi platform based on the… Source link

Ki Young Ju, head of on-chain analytics platform Crypto Quant, thinks it’s time to go “all in” on Bitcoin. What Happened: When Bitcoin dipped to $53,000 on March 23, the analyst surmised that the bull run wasn’t over yet. He explained that while he was ready to buy the dip, he would patiently wait till on-chain supply/demand indicators say “all-in.” “I think it’s time,” said Ju referring to his comments last week, adding that the crypto market is getting better in terms of supply and… Source link

The crypto market has been consolidating, especially when you examine the alts with lower market capitalization. Altcoins like Aave, Monero, and Elrond have been witnessing sideways movement, however, this has interestingly translated into bullish and bearish outlooks for different coins. Aave [AAVE] Source: AAVEUSD on TradingView The Aave market had observed a consolidation phase at the beginning of the year. This phase was followed by an uptrend in price and as the value went below… Source link

Early on Monday morning, March 22, during the Bank of International Settlement’s Innovation Summit, Federal Reserve chair Jerome Powell had this to say about bitcoin or, in his words, “crypto assets”: “Crypto assets are highly volatile — see bitcoin — and therefore not really useful as a store of value. They’re not backed by anything. They’re more of an asset for speculation… It is essentially a substitute for gold rather than the dollar.” -Chair of the Federal Reserve… Source link

Litecoin continues to trade in tandem with Bitcoin prices, notching up a gain of 6.00% as of the time of writing. Bitcoin prices have broken the critical $57,000 resistance, allowing for a similar move on Litecoin as both pairs maintain their positive correlation. The LTCUSD pair has violated the 186.82 resistance level but needs a 3% penetration close above this level to confirm the breakout. The Litecoin price prediction following this breakout is for the… Source link