Monthly Archives: May 2021

Bitcoin, Ether, The Flippening, And Future Trends For Crypto Development

With talk of the flippening – ether supplanting bitcoin as the leading cryptocurrency – becoming part of the daily crypto conversation, the question needs to be asked; what do the differences between ether and bitcoin potentially mean for the future development of blockchain and crypto applications? Getty Getty Images Bitcoin has long been, ever since blockchain and crypto became part of the financial markets conversation, the market leader, conversation starter, and dominant… Source link

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Litecoin (LTC) Price Predictions: Where Will LTC Go Next After This Rally?

Litecoin (CCC:LTC-USD) is taking the momentum of the crypto movement this week and translating it to big gains. With its newest surge, it hopes to put its turbulent last few years behind it and look toward reaching new all-time highs. Litecoin (LTC) price predictions are largely optimistic for the coin as well. Source: Shutterstock Litecoin is one of the oldest crypto plays. A fork of Bitcoin (CCC:BTC-USD), Litecoin was created in 2011. It was created with a much faster block… Source link

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Over 1% Of Bitcoin’s Max Supply Now “At Work”

The amount of “Bitcoin At Work,” or the Total Value Locked (TVL), a measurement of the amount of BTC locked in Decentralized Finance (DeFi), has exploded over the past year. More than 210,000 BTC (1% of the 21 million BTC supply cap) are now locked in various forms on other blockchains like Ethereum—a figure worth over $11.5 billion at current USD prices. Bitcoin At Work – 1 year chart Screenshot – DeFiPulse Up more than 300% BTC from my previous article, Can You… Source link

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Bitcoin Crash And Ethereum Bubble. What Next?

By definition, bitcoin has crashed. getty Although you don’t hear it, bitcoin (BTC) has crashed. A crash is classically a 25% fall in a sudden sharp move. This is the only chart I’m interested in now. It shows that bitcoin crashed at the beginning of March and then again at the beginning of April. While it recovered both times it leaves the chart looking like this: The bitcoin chart – there were two recent crashes Credit: ADVFN For the believers this is yet… Source link

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Ethereum is leaving bitcoin in the crypto dust

The world’s second-most valuable cryptocurrency has soared even more than bitcoin (XBT) in 2021 thanks to non-fungible token mania and increased adoption of ethereum — ether, for short. Ether prices are now hovering around $3,400, a more than 330% gain this year. Bitcoin prices have risen a “mere” 90% by way of comparison. In the past week alone, ether is up a staggering 30% while bitcoin is flat. That has raised some concerns that ether has risen too far, too fast, just like bitcoin did… Source link

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Ethereum is leaving bitcoin in the crypto dust

The world’s second-most valuable cryptocurrency has soared even more than bitcoin (XBT) in 2021 thanks to non-fungible token mania and increased adoption of ethereum — ether, for short. Ether prices are now hovering around $3,400, a more than 330% gain this year. Bitcoin prices have risen a “mere” 90% by way of comparison. In the past week alone, ether is up a staggering 30% while bitcoin is flat. That has raised some concerns that ether has risen too far, too fast, just like bitcoin did… Source link

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Forget Lightning, Litecoin Is About To Strike Twice Against Bitcoin

Litecoin is cleared for takeoff after a brutal downtrend against Bitcoin and the dollar. Could the cryptocurrency known as digital silver be the next altcoin to pop like Ethereum, Dogecoin, and the rest of the pack? Here’s a closer look at the technical signals suggesting a change in the tides is here – a reversal that could cause lighting in the LTCBTC trading pair to strike for a second time. The Long Running Deviation Between Digital Silver And Gold The digital gold narrative has… Source link

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Ethereum Resumes Rally While Bitcoin Is Muted, Litecoin Surges 15%

Bitcoin price started a recovery wave above the USD 55,500 resistance. BTC cleared the USD 56,000 level, but it is currently (12:00 PM UTC) facing many hurdles. A close above USD 57,000 is needed for a steady increase. Besides, most major altcoins are moving higher. ETH tested the USD 3,250 support before climbing higher. XRP/USD is now trading below USD 1.50 and it might attempt an upside break. Total market capitalization Source: www.tradingview.com Bitcoin price After recovering… Source link

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What is Litecoin and why is the price going up?

LITECOIN launched in 2011 and it’s nearly identical to Bitcoin – with some notable differences. We explain everything you need to know about the cryptocurrency and why the price is going up. 2 Light by name, not by nature: digital currency Litecoin has soared in value recentlyCredit: Getty – Contributor The average number of Litecoin transactions is in the tens of thousands, so you can see that the cryptocurrency has quite the financial footprint. And the rise in crypto investments in… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 4th, 2021

Ethereum Ethereum jumped by 16.32% on Monday. Following on from a 0.11% gain on Sunday, Ethereum ended the day at $3,433.99. It was a particularly bullish the day. Ethereum rallied from an early morning intraday low $2,952.08 to a final hour intraday high and a new swing hi $3,457.75. Steering clear of the major support levels, Ethereum broke through the day’s major resistance levels to wrap up the day at $3,400 levels. At the time of writing, Ethereum was down by 1.81% to $3,371.90. A mixed… Source link

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