Monthly Archives: March 2021

How Ethereum’s Governance Process Alters ‘The Merge’

The Ethereum developer community is pushing with guns blazing toward proof-of-stake (PoS). But a few speed bumps remain in the way, especially when reflecting on the Ethereum Improvement Proposal (EIP) process. Last Friday, Ethereum developers began spitballing possible dates for merging the Eth 2.0 client, the Beacon Chain, and the current Ethereum network, Eth 1.x, also known as Ethpow. One idea circulating among developer communities slates “The Merge” for after July’s London hard… Source link

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Elon Musk Reveals Tesla Will Increase $1.5 Billion Bitcoin Holdings, Boosting The Price

Tesla TSLA chief executive Elon Musk—whose tweets regularly move the bitcoin price (as well as other cryptocurrencies)—has revealed people can now buy a Tesla car with bitcoin. In a series of tweets, Musk said that bitcoin paid to Tesla will be retained as the cryptocurrency and not converted back to dollars, adding to Tesla’s $1.5 billion worth of bitcoin it bought last month. MORE FROM FORBESTesla Billionaire And Bitcoin Bull Elon Musk Is Actually The ‘Answer’ To Climate… Source link

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Here’s Why the LTC Could Drop by 20% to $150

The Litecoin price is attempting to bounce back after dropping to a multi-week low of $170 yesterday. The LTC is trading at $192, which is 6.7% above its lowest level this week. Its market cap is at$12.89 billion, according to data compiled by Coin Marketcap.  What happened: Litecoin has been an embattled cryptocurrency after it reached an all-time high of $245. It has dropped by more than 22% from this high. This performance is mostly because of the overall… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 24th, 2021

Ethereum Ethereum fell by 0.79% on Tuesday. Following a 5.78% slide from Monday, Ethereum ended the day at $1,668.09. A mixed start to the day saw Ethereum rise to an early morning high $1,714.61 before hitting reverse. Falling short of the major resistance levels, Ethereum slid to a mid-morning intraday low $1,652.06 before finding support. Steering clear of the first major support level at $1,623, Ethereum struck a late afternoon intraday high $1,723.61. Falling short of the first major… Source link

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LTC completes technical framework for a 20% rally

Litecoin is on the verge of a massive technical breakout from a falling wedge pattern. The MVRV ratio shows that LTC is in a buy zone, which is a bullish signal. Litecoin’s expected breakout may delay due to the resistance illustrated by the IOMAP. Litecoin is trading 2% higher over the last 24 hours. It is among the few coins dotting the cryptocurrency market green. Meanwhile, short-term technical analysis suggests that a breakout is around the corner, especially… Source link

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Five Signs Litecoin Has Bottomed, Next In Line For New ATH

Litecoin during the last cycle was as popular and hyped as other top cryptocurrencies Bitcoin and Ethereum. This time around, however, the coin called digital silver isn’t performing anywhere nearly as well as its digital gold counterpart or even other altcoins. Whatever has been causing the lag behind the rest of the market, there are several signs that the altcoin has bottomed and is the next cryptocurrency in line to set a new all-time high. Five Technical Signs That Point To A Bullish… Source link

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What is the price of Litecoin?

Nowadays, more people are checking the price of Litecoin and other cryptocurrencies. It’s the latest investment option that’s sweeping the world. Litecoin is one of the thousands of cryptos you can find on the internet. Many people consider it the silver to Bitcoin’s gold, so they want it in their portfolios. Let’s explore the humble beginnings of the internet’s digital silver. We’ll compare it with digital gold Bitcoin and check their… Source link

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Bitcoin Is A Cryptocurrency, But Is It Money?

Three diagonal digital chains on a blue background. Blockchain technology concept. Mining and … [+] cryptocurrency. Close up. 3d rendering getty A cryptocurrency is a software object with units or “tokens” that can be transferred securely and verifiably from one owner to another. Transactions are recorded in a public, widely distributed database (a “blockchain”). The transfer verification mechanism is cryptographic. It employs a mathematical protocol… Source link

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Bitcoin may be entering the ‘later stages’ of a bull market, crypto analysts say, as talk of a price plunge grows | Currency News | Financial and Business News

Bitcoin has soared more than 700% in a year Dado Ruvic/Getty Images Bitcoin conditions are “similar to the second half or later stages of a bull market,” crypto analysts said. Glassnode’s report pointed to signs of long-term holders spending coins and a reduction in big wallets. Talk of a bitcoin price plunge has grown, with a crypto entrepreneur saying there could be a 90% drop. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Bitcoin may be entering the second… Source link

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Monero, NEM, Augur Price Analysis: 23 March

Monero was trading at the helm of its $215.7-support level, with its bearish indicators spelling short-term losses over the coming sessions, at press time. On the contrary, NEM was moving within a horizontal channel, while Augur could extend its gains all the way up to the $50-mark. Monero [XMR] Source: XMR/USD, TradingView A look at Monero’s 4-hour chart highlighted a bearish trend as the crypto’s price tested the $215.7-support. The OBV took a dip and stabilized as the price… Source link

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