Vitalik Buterin, originally from Russia, is the creator of the Ethereum blockchain used for the … [+] latest DeFi apps and non-fungible tokens. Look how much it’s up in five years. KMR Images Ethereum, the most traded cryptocurrency after Bitcoin, had a bad weekend. Fear not, crypto bulls. The market is still bullish long term for ETH. That seems to be the consensus. Marc Cuban says it even “dwarfs Bitcoin.” “There was a relentless spot bid in ETH for several week but… Source link
Read More »Monthly Archives: May 2021
Bitcoin slips below $46K as correction deepens; institutions keep accumulating
Bitcoin (BTC) price slipped below $46,000 on Sunday for the second time in four days, raising the specter of a deeper short-term correction for the flagship digital currency. Bitcoin fell to a session low of $45,127.01, according to TradingView, before staging a modest recovery to around $45,400. The largest cryptocurrency by market capitalization is down 5% on the day and over 20% in the last seven days. The Bitcoin price braces for short-term volatility. Source: TradingView The selloff in… Source link
Read More »Fundstrat’s Tom Lee explains why he’s doubling down on bitcoin after Elon Musk’s surprising reversal – and increasing his price target to $125,000 | Currency News | Financial and Business News
Photo by Cindy Ord/Getty Images for Yahoo Fundstrat’s Tom Lee is confident that bitcoin bulls won’t change their tune on the cryptocurrency following Elon Musk’s abrupt reversal. Lee upgraded his bitcoin price target from $100,000 to $125,000 by year-end. He said it is possible Musk had to consider investors’ ESG concerns over bitcoin. See more stories on Insider’s business page. Fundstrat Global Advisors managing partner Tom Lee is confident that bitcoin will continue to rally in… Source link
Read More »Is Theta Token the Next Ethereum or the Next Dogecoin?
As the meme-friendly Dogecoin has showed us, the next hot cryptocurrency can come from almost anywhere. While the majority will undoubtedly be volatile, I don’t think we have seen the last of crypto mania, and I am sure there are other growth tokens that will emerge. It will be important to split them into two pots: Those that have real-world utility, like Ethereum, and those that are more artificially inflated, like Dogecoin, which may be able to… Source link
Read More »The 4 Biggest Mistakes You Can Make When Buying Ethereum
Ethereum is on the rise. If you’re planning to buy some of your own, here are the mistakes to avoid. Like many cryptocurrencies, Ethereum has been growing in value since last year. But in the last few weeks, its price has gone through the roof. It recently set a new all-time high by trading at over $3,500. Ethereum has consistently ranked as the second-largest cryptocurrency after Bitcoin. With the recent price increases, you may have decided that now is the time to buy Ethereum. Before you… Source link
Read More »Litecoin Price Attempting To Bounce From Support As Traders Eye $339
LTC seems to have found some support on the chart just below the $300 level. The Litecoin price is setting up for a potential run to $339. Litecoin is a first-generation Cryptocurrency and is similar in functionality to Bitcoin. The coin was created by Charlie Lee, ex google engineer and a well-respected figure in the Crypto community. The project aimed to create a faster, cheaper alternative to Bitcoin, allowing for greater adoption. Furthermore,… Source link
Read More »Bitcoin rises 5.6% to $49,337.72 – Yahoo Finance
InvestorPlace 7 Dividend Stocks to Avoid in Your Retirement Portfolio Income stocks and retirement go hand in hand because they are both built for the long term. You don’t buy stocks for their dividends for the short term. They are steady investments that enhance your wealth the old-timey way, slowly over time. The challenge is to find stocks that can maintain and grow their dividends year after year. If their dividends are solid, their business is likely solid as well, and you’ll also see… Source link
Read More »Elon Musk wants Bitcoin, but not its carbon footprint. Can Bitcoin mining go green? – Fortune
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Read More »This Was A Great Week To Buy Bitcoin
While most people reading this article are likely aware of the tweets that were sent out by Elon Musk on Bitcoin mining, his comments are simply noise, and the resulting price crash and derivative market liquidations provide investors who may have been waiting for an attractive moment to enter positions with a great opportunity. The long-term trends observable in and around the Bitcoin space remain extremely bullish, and the recent three-month consolidation can be thought of as UTXOs simply… Source link
Read More »Bitcoin vs. Ethereum vs. Dogecoin: Which One Is Right for You?
Cryptocurrency has been making headlines in recent months, and three types of digital currencies, in particular, are gaining the most attention: Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Dogecoin (CRYPTO:DOGE). Not all cryptocurrencies are created equal, and it can be confusing trying to decide which type is right for you. Each currency has advantages and disadvantages, and which one you choose to invest in will depend on your unique… Source link
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