Monthly Archives: April 2021

$161M Ethereum options expiry tilts toward bulls as ETH flips $2K to support

With no short-term solution in sight for the surging network fees, some investors are afraid that Ether (ETH) price could face a correction. The EIP-1559 proposal is set to be bundled with the impending London upgrade, and this will change the gas fee structure, but traders are left to deal with high fees until then. The flexible block size proposal aims for a more predictable fee pricing model, but this upgrade is scheduled for July, meaning, in the short term, Ether could be subject to… Source link

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Is Bitcoin Building Up Support Near $60,000?

Bitcoin has been trading close to $60,000 over the last several days. Photo by: STRF/STAR MAX/IPx … [+] 2021 3/13/21 Bitcoin rises above $60K to a new record high. STRF/STAR MAX/IPx Bitcoin prices have been trading close to $60,000 lately, fluctuating near this key, psychological level as the cryptocurrency markets benefit from a steady supply of bullish news developments. Lately, the world’s most prominent digital currency has repeatedly tested the $60,000 level, rising… Source link

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How Monero works and how it differs from Bitcoin? • CryptoMode

The leading cryptocurrency whose behavior affects the entire digital currency market is bitcoin. Its dominance is around 60% and it marks the cycles through which this market moves. When it began to be noticed at the beginning of its existence, and investors saw opportunities in it, other cryptocurrencies were created in its wake. They tried to ultimately solve various problems and shortcomings that were noticed in the bitcoin network. As we can see, most of them ended with a poor result,… Source link

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Filecoin Goes Parabolic To $237, Passes Litecoin To Become 9th Largest Crypto

Written by Dana Sanchez Apr 02, 2021 Filecoin Goes Parabolic To $237, Passes Litecoin To Become 9th Largest Crypto. Photo: The Soyuz-2.1a rocket booster blasts off on Oct. 14, 2020 (Roscosmos Space Agency via AP) Early miners, new investors, and Chinese tech companies keen to diversify have helped drive up the price of Filecoin, the token behind an open-source, cloud-based storage system that is operated by its users, rather than a… Source link

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Monero, Augur, Zcash Price Analysis: 02 April

Monero rose past $250 and could see further upside in the days to come after flipping the $247-level to support. Zcash was also strongly bullish as it targeted the $193-level. Augur‘s charts suggested that demand from buyers was present, despite its price noting a slight decline in recent days, hinting at a quick recovery. Monero [XMR] Source: XMR/USDT on TradingView On the hourly chart, XMR had a bullish outlook. It had risen past an area of supply once more and was attempting to flip it… Source link

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5 Steps to Safely Buying Bitcoin

If you’re ready to buy your first Bitcoin, make sure you do it safely. Ready to buy your first Bitcoin? You might be buying because you believe in its original ideology or think it’s a solid investment. Or perhaps you want to put some Bitcoin aside for your children. Whatever your reason, it’s important to keep your investment safe. What is Bitcoin? And what are the risks? Bitcoin is a digital currency that was launched in 2009. It’s stored using something called blockchain technology –… Source link

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Bitcoin beats out final resistance as Ethereum returns to $2K

Bitcoin (BTC) briefly hit $60,000 on April 2 in the latest installment of its slow grind back to all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price taps $60,000 Cointelegraph Markets Pro and TradingView showed bullish tendencies remaining overnight for BTC/USD, with local highs of $60,110 on Bitstamp. A correction brought the pair down nearer to $59,000, circling $59,500 at the time of writing.  The sustained higher levels mean that Bitcoin has effectively… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – April 2nd, 2021

Ethereum Ethereum rose by 2.52% on Thursday. Following on from a 4.29% gain on Wednesday, Ethereum ended the day at $1,968.38. A mixed start to the day saw Ethereum rise to a late morning high $1,966.0 before hitting reverse. Falling short of the major resistance levels, Ethereum slid to a late afternoon intraday low $1,886.11 before making a move. Steering clear of the first major support level at $1,812 Ethereum rallied to a late intraday high $1,982.21. Ethereum came within range of the first… Source link

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Resistance in Focus after Bounces

Bitcoin (BTC/USD), Litecoin (LTC/USD), Ethereum (ETH/USD), Technical Analysis – Talking Points Bitcoin approaching all-time highs after period of consolidation Litecoin trading in a Symmetrical Triangle, awaiting breakout Ethereum upside momentum fading ahead of record highs Recommended by Daniel Dubrovsky … Source link

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