Topline Bitcoin could be at the start of a “massive transformation” into the mainstream and on the path to become “the currency of choice for international trade,” according to leading investment bank Citi, which noted the cryptocurrency’s meteoric rise in value in recent years and a growing interest from institutional investors as potentially setting the stage for widespread success. Citi analysts predict Bitcoin could be on the verge of going mainstream. … Source link
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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 1st, 2021
Ethereum Ethereum fell by 2.63% on Sunday. Reversing a 1.07% gain from Saturday, Ethereum ended the week down by 26.54% to $1,422.02. A mixed start to the day saw Ethereum rise to an early morning high $1,469.96 before hitting reverse. Falling well short of the first major resistance level at $1,518, Ethereum fell to a mid-afternoon intraday low $1,292.76. The extended sell-off saw Ethereum fall through the first major support level at $1,411 and the second major support level at $1,256. Finding… Source link
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