Pompliano Investments founder weighs in on investing in cryptocurrency and government regulation of the businesses on ‘The Claman Countdown’ The price of Bitcoin surged to a three-month high of $50,000 per coin on Monday. Bitcoin has surged to a three-month-high of $50,000 per coin on Monday (Photo courtesy of Coindesk) Meanwhile, rivals Ethereum and Dogecoin are trading at around $3,300 per coin and 32 cents per coin, respectively, according to real-time price tracking by Coindesk. 

What happened Bitcoin (CRYPTO:BTC) is back (baby). After months languishing in a $30,000 to $40,000 price channel, the granddaddy of cryptocurrencies surged past $50,000 per coin on Monday. What may surprise you, though, is that other cryptocurrencies are doing even better. Here’s how prices have changed over the past 24 hours (as of 10 a.m. EDT) for several of the biggest names in cryptocurrency, according to the price trackers at Coindesk:… Source link

Litecoin has been on the backburner for a while now. Despite being one of the oldest cryptos in the market, LTC has been overshadowed by Bitcoin and Ethereum. However, as the top 2 rallied, Litecoin too was able to surge on the charts. In fact, the crypto was able to breach the $180-level. Now the question is – Is it an equally strong investment too? Litecoin is looking up On the daily chart, trading at $188 at press time, Litecoin registered a hike of 75% in one month. At the time of… Source link

ETH/USD – Facing Bearish .618 Fib Resistance Key Support Levels: $3200, $3150, $2950. Key Resistance Levels: $3350, $3540, $3700. Ethereum is currently facing the same resistance it struggled with over the past 10 days, at $3350, provided by a bearish .618 Fib. This resistance already led to a retracement during the week as ETH sank to the support levels at $2960, provided by a .236 Fib and the 20-day MA. Earlier today, ETH recorded its highest price since May 19th:… Source link

Monero price predictions for a break of the channel consolidation area were met over the weekend, thereby concluding the bullish flag. This has allowed Monero to rally to 3-month highs, as bullish momentum returned to the altcoin market. Today’s 7% move takes Monero ahead on a 5-day rally, further boosting the chances of Monero approaching the $350 mark. However, further bullish Monero price predictions could face sa stringent test as the rally has approached… Source link

The world’s largest and most popular cryptocurrency, Bitcoin, soared to $50,000 in value as investors and traders buoy the cryptocurrency to levels seen earlier this year. Renewed confidence in the coin and has been reflected in its steady growth toward a much-anticipated return to a one trillion dollar cap. Bitcoin was lifted above the $50k threshold this morning at approximately 4am BST, when the coin jumped to $50,084.44. Sign up to our daily newsletter The i newsletter cut through the… Source link

Privacy-focused cryptocurrency Monero (XMR) today continues its price rally sparked by the launch of atomic swaps last week. At the time of writing, Monero was trading at around $328, up nearly 16% over the past 24 hours, according to crypto metrics platform CoinGecko. Notably, the price of Monero has been steadily growing since August 17 when Monero developers announced that atomic swaps between Bitcoin are now available on the mainnet. “XMR <-> BTC atomic swaps are live on mainnet!… Source link

Crypto trader Lark Davis is naming four assets that he says are “nibbling away” at the market cap of leading smart contract platform Ethereum. In a new video, Davis tells his 419,000 YouTube followers that Binance Smart Chain (BSC) is one of Ethereum’s top competitors, as it enjoys the backing of global crypto exchange Binance.   “There’s lots of things happening on the Binance Smart Chain. $17.4 billion of total value locked over on the Binance Smart Chain right now. You… Source link

The Litecoin price is hovering at a key level of resistance as Bitcoin surges above the $50,000 mark. The LTC coin is trading at $187.82, which is slightly below the key resistance at $190. It has a market capitalization of more than $12 billion, making it the 14th biggest coin in the world. Bitcoin and Litecoin correlation Most cryptocurrencies have a close relationship. Indeed, a calculation of Bitcoin and Litecoin shows that the two coins have a… Source link

Payal Shah, CME Group AT A GLANCE Ethereum is practically synonymous with DeFi because it powers many cryptocurrencies in the decentralized finance sector. Ether is no longer following bitcoin’s price fluctuations as closely as it once did, and it is starting to be driven by its own catalysts. Ethereum is now six years old. But in that short time frame since its launch on July 30, 2015, a lot has happened. Ethereum has established itself as the most actively used… Source link