Monthly Archives: April 2021

Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) Analysis: Is Momentum Fading?

Bitcoin (BTC/USD), Litecoin (LTC/USD), Ethereum (ETH/USD), Technical Analysis – Talking Points Bitcoin looking vulnerable as push into new highs struggles Litecoin extended gains above triangle, momentum is fading Ethereum’s push into record highs appears more solidified Recommended by Daniel Dubrovsky Get Your Free Introduction To Bitcoin Trading Bitcoin Technical Outlook Bitcoin struggled to maintain a push into new all-time highs over the past 24… Source link

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LTC marches toward new all-time highs

Litecoin price reaches measured move target in just two weeks. Weekly Relative Strength Index (RSI) flashing bearish momentum divergence. Volume profile remains robust with higher volume on positive days and lighter volume on negative days. Litecoin price has been the beneficiary of the broader strength in the cryptocurrency complex. Still, the robustness of volume shows a belief in the underlying LTC fundamentals and its future. However, upside may be limited in the… Source link

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Monero, Synthetix, Maker Price Analysis: 14 April

Monero formed yet another symmetrical triangle and a breakout could go as high as $370. Synthetix needed to climb above $22.3 and $24.1 to make a recovery towards its late February levels. Finally, Maker did not look ready to climb above its $3,105-resistance just yet. Monero [XMR] Source: XMR/USD, TradingView Monero registered a strong upcycle after the price broke north from a major resistance level; at $239.05. In fact, XMR formed a symmetrical triangle prior to the breakout and gains… Source link

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Bitcoin has an energy problem – CNN

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc.2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are… Source link

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$5,000 Ethereum by the end of May? On-chain data suggests so

On April 14, the price of Ether (ETH) just hit an all-time high at $2,400 and although the price has increased more than three-fold since the beginning of this year, the current speculative premium suggests, there is a lot of room for upside. Ether’s speculative premium is far from overheated While the current price of Ether is at around $2,375, the Realized Price, meaning the average price paid by all investors who are currently holding Ether is at $802. This means that current buyers of… Source link

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Will Banks Finally Buy Into Bitcoin?

As bitcoin hovers around all-time highs and regulators give the green light, it may finally be time … [+] for banks and fintechs to dive into cryptocurrency. getty Bitcoin has had quite a pandemic. Its value has increased 10x to nearly $60,000 per bitcoin since March 2020, and predictably, as the best-known cryptocurrency soars to new heights, institutions start to weigh in and wonder if it isn’t such a bad thing after all. It’s all happened before. As bitcoin oscillated… Source link

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Ethereum Mining and Blockchain Company TTM Digital Assets & Technologies Enters Into Triangular Reverse Merger With Sysorex

Herndon, VA, April 14, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Sysorex (OTCQB: SYSX) today announced the closing of a reverse triangular merger with TTM Digital Assets & Technologies, Inc., a data center owner and operator and now, the largest U.S. publicly traded Ethereum mining company based in the United States with operations in New York and North Carolina. As a result of the transaction, TTM’s business and operations will become the core business of Sysorex as the first Ethereum… Source link

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Latest Bitcoin price and analysis (BTC to USD)

Bitcoin is currently trading at record highs of $64,500 as cryptocurrency fever spreads amid the listing of Coinbase on Nasdaq. Many believe the listing of Coinbase, which is one of the longest-running Bitcoin exchanges, will finally legitimise the industry among institutional investors. Early estimates predict that Coinbase will be faced with a valuation more than $100 billion, making it more valuable than the Intercontinental Exchange that owns the New York Stock Exchange. The price of… Source link

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Bitcoin (BTC USD) Cryptocurrency Price ETF Rush Gains Momentum in the US

Follow us @crypto for our full coverage. As Bitcoin hits records and Coinbase Global Inc. goes public, ETF issuers are betting en masse that U.S. regulators will green-light a fund tracking the largest cryptocurrency at long last. No fewer than eight applications for a Bitcoin ETF have now been filed with the Securities and Exchange Commission since late December, after billionaire Michael Novogratz’s Galaxy Digital Holdings Ltd. joined the list on… Source link

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