With Bitcoin dropping close to the $52k price range earlier on Sunday, many of the market’s altcoins were overwhelmed with mounting sell pressure resulting in significant losses across the altcoin market. Such an outcome has always been expected thanks to the high correlation altcoins share with the cryptocurrency market leader Bitcoin. However, what was surprising was how certain coins reacted to the price correction and were able to bounce back negating much of the losses they endured a… Source link

Litecoin price is hovering above two critical demand zones that could propel the coin to new yearly highs. A breach of the supply zone’s upper boundary at $317.09 will provide further confirmation of an upswing. The bearish scenario will come into play if LTC bears pierce the $210.77 level. Litecoin price is retracing toward a critical level that could serve as a platform supporting a massive bull rally. Litecoin price approaches significant area of… Source link

DUBAI, UAE  and TORONTO, April 20, 2021 /PRNewswire/ — On April 15, 2021, Ethereum GeneSys successfully executed a mining fork of Ethereum.  This fork, which took place in Toronto, is an effort to save the global Ethereum mining community from the Blockchain network’s proposed ‘Quick Merge’. The Ethereum GeneSys Foundation has successfully initiated a ‘hard fork’, which aims to reclaim staked Ethereum 2.0 coins and allocate it to incentivize the Ethereum mining community to mine… Source link

undefined It is unclear exactly why supporters have decided 20 April, which is also International Weed Day, will be celebrated as ‘doge day’. Photo: Getty Images Bitcoin and ethereum on Tuesday extended price declines that began last week, while Dogecoin maintained its rally on what supporters have dubbed ‘DogeDay’. Bitcoin (BTC-USD) was down 4.6% to trade at $54,763.19 (£39,152.67) by 9.20am in London. Ethereum (ETH-USD), the second largest cryptocurrency, was down around 5.3% to… Source link

The Ethereum price path to $3,000 has hit a major barrier. The ETH price has dropped in the past five consecutive days as some investors take profit and as the hype over Coinbase listing starts to fade. Ethereum is trading at $2,135, which is 18% below the all-time high of $2,555.  What happened: Ethereum has had a remarkable rally in the past few months. The price dropped to below $100 after the coronavirus became a pandemic. Since then, it has soared to more than… Source link

Litecoin price punches key Fibonacci resistance before closing in the lower third of the weekly range. Bearish momentum divergence on weekly Relative Strength Index (RSI) is a barrier to new highs. Significant clusters of resistance shown on the IOMAP data. Litecoin price corrected 28% during the broad cryptocurrency meltdown on the weekend but did close positive for the week with a gain of almost 9%. The popular narrative in the crypto channels is that LTC will test… Source link

Gibbs Wealth Management President Erin Gibbs and B. Riley National chief market strategist Art Hogan discuss cryptocurrency, insider ‘sell’ transactions, and which stocks to watch. Bitcoin, the world’s biggest cryptocurrency, battled back Monday following a weekend flash crash. BITCOIN SLUMPS 14% AS PULLBACK FROM RECORD HIGH GATHERS PACE Prices hovered near $56,000 late in the day after plunging as much as 14% to $51,541, wiping out the majority of its gains from the previous week which… Source link

Bitcoin prices bounced back this morning, experiencing some gains after their weekend sell-off. … [+] (Photo by Jordan Mansfield/Getty Images) Getty Images Bitcoin prices have recovered recently, climbing more than 10% from their recent low, after suffering a notable decline over the weekend. The world’s most prominent digital currency reached as much as $57,609.37 this morning, CoinDesk data shows. At this point, it had risen 10.5% from the local low of $52,148.98 it Source link

A popular crypto analyst is preparing for massive rallies from three large-cap altcoins. Pseudonymous trader Kaleo tells his 182,000 followers that the Bitcoin forks Dogecoin (DOGE) and Litecoin (LTC), along with the smart contract platform and Ethereum rival Solana (SOL) are all set to rally in the short term. Kaleo says he remains convinced that Dogecoin is on an inevitable path to $1.00, fueled by the WallStreetBets crowd that pushed GameStop to… Source link

VANCOUVER, BC, April 19, 2021 /PRNewswire/ — Hello Pal International Inc. (“Hello Pal” or the “Company”) (CSE: HP) (Frankfurt: 27H) (OTC: HLLPF), a provider of rapidly growing international live-streaming, language learning and social-crypto platform, is pleased to announce that it has entered into a definitive purchase agreement (the “Agreement”) with a company controlled by Shanghai Yitang Data Technology Co. Ltd. (“Yitang”) to acquire an initial 51% interest in 12,500 mining rigs… Source link