Share Tweet Share Share Share Email The bitcoiners are coming, the bitcoiners are coming! To Miami, that is, as the Sunshine State’s largest city gets set to host what is projected to be the largest gathering of cryptocurrency enthusiasts the world has ever seen.   An estimated 50,000 people are expected to participate in an in-depth, two-day… Source link

The month of May was filled with a couple of new all-time highs for Ether, during which time it crossed the psychologically important USD 3,000 and USD 4,000 thresholds within days of each rally. After some profit-taking, now it is on the comeback trail and traders are predicting a continued upward momentum if the Ether price indeed reaches the latest target, including a possible “retest” of USD 3,650. Some attention from the mainstream financial media has not hurt. DeFi Pop Ethereum has… Source link

Though market Indicators suggest limited upsides towards $40,000 price levels as resistance remains strong, amid reports that some leading multinational banks have plans on issuing Crypto brokerage services to their high-net-worth clients coupled with Google recently lifting a ban on Crypto ads. It’s important to observe the Crypto-verse is still having some anxious moments with many investors’ minds wondering if the brief bearish market trend will resume on the account of the record… Source link

Ethereum Ethereum rose by 2.74% on Wednesday. Reversing a 2.71% fall from Tuesday, Ethereum ended the day at $2,706.64. A mixed start to the day saw Ethereum fall to an early morning intraday low $2,552.28 before making a move. Steering clear of the first major support level at $2,525, Ethereum rallied to a late afternoon intraday high $2,803.00. Ethereum broke through the 38.2% FIB of $2,740 and the first major resistance level at $2,746. A late pullback, however, saw Ethereum fall back through… Source link

The cryptocurrency market is still recovering from last month’s volatile correction. Bitcoin (BTC) was up about 4% over the past 24 hours as of press time and was holding support above $35,000. Technicals suggest limited upside towards $40,000 and $45,000 as resistance remains strong.  Bitcoin (BTC) trading around $37,800 as of 21:00 UTC (4 p.m. ET). Gaining 4.25% over the previous 24 hours. Bitcoin’s 24-hour range: $35,805.21-$38,214.79 (CoinDesk 20) Ether (ETH) trading around $2,756 as… Source link

Almost two weeks ago, see here, I showed Ethereum (ETH), was according to the Elliott Wave Principle (EWP) in “[red] wave-v of [black] major wave-c of blue Primary-IV,” which “should ideally target between $1445-1850.” ETH bottomed on May 23rd at $1736. Right smack in the middle of my ideal (black) target zone. See Figure 1 below. It has since rallied and is now trading at $2750s—a 58% rise. Figure 1. ETH daily EWP count and technical indicators. Long-term upside potential outweighs… Source link

Almost two weeks ago, see here, I showed Ethereum (ETH), was according to the Elliott Wave Principle (EWP) in “[red] wave-v of [black] major wave-c of blue Primary-IV,” which “should ideally target between $1445-1850.” ETH bottomed on May 23rd at $1736. Right smack in the middle of my ideal (black) target zone. See Figure 1 below. It has since rallied and is now trading at $2750s—a 58% rise. Figure 1. ETH daily EWP count and technical indicators. Long-term upside potential… Source link

The finance minister of Norway appeared to break away from the chorus of Bitcoin critics and suggested that cryptocurrencies will at some point move past the volatility for which they’re currently known and experience a period of “breakthroughs.” “It is clear that there may be a development over time, whereby you will be able to get more stabilization mechanisms in the currencies that can lead to greater breakthroughs and upheavals in the slightly longer term,” Jan Tore Sanner said… Source link

Cryptocurrency investors don’t give Litecoin (CCC:LTC-USD) the amount of consideration afforded to other altcoins.  Source: Shutterstock Interestingly, Litecoin was one of the first alternatives to Bitcoin, originating in 2011. And Litecoin isn’t without merit in the world of cryptocurrencies. A great number of cryptos simply struggle to prove any semblance of utility, iterative improvement or anything else which might tempt rational investors.   Litecoin provides… Source link

The crypto market recently saw the most significant crash in all of 2021, taking Bitcoin, Ethereum, and Litecoin down 50% with it. Even with the steep correction, the top-ranked cryptocurrency and the top-ranked altcoin both were able to stay well above their former all-time highs. Meanwhile, Litecoin never even made a new record high from over the 2017 peak, making the setback much more brutal for LTC holders. However, with the recent selloff, any remaining weak hands have been thoroughly… Source link