After yesterday’s pause, the Litecoin price is higher again this morning. However, there are signs that LTC’s impressive run may take a step back. The recent return to form for the cryptocurrency market has been kind to Litecoin. Since dropping to $103 in July, LTC has gained 64%. However, it remains to be seen whether this bull run can take the Litecoin price even higher. Altcoins are typically highly correlated to both Bitcoin and Ethereum and often much more volatile. This is true… Source link

The technology is fine, but its speculative bias reveals something sad about our relationship with money Photo: Bermix Studio/Unsplash As those of us who were around will remember, Bitcoin emerged out of the same spirit as Occupy Wall Street. Those of us holding seminars about economic power in Zuccotti Park were thrilled by the possibility of a… Source link

Bitcoin (BTC) was lower for a third straight day, slipping toward $44,000 after the largest cryptocurrency by market value reached a three-month high of nearly $46,800 earlier this week.  “There just isn’t much of an appetite right now for bitcoin above $46,000, but you’re not seeing a massive sell-off either,” Matt Blom, head of trading at the digital-asset firm Eqonex, said Thursday in a Zoom interview.  Prices for ether (ETH), the native cryptocurrency of the Ethereum blockchain… Source link

Last week, see here, I found for Ethereum (ETH), aka Ether, “using the Elliott Wave Principle (EWP), I prefer to apply a bullish EWP count. Ideally, ETH bottomed for (blue) Primary wave-IV on July 20th, possibly already June 22nd, and should now be working on a few more minor 4th and 5th waves (green 5, red iii, iv) to complete a more extensive (black) major-1 wave of (blue) Primary-V. This wave-1 should ideally reach around $3000-3300, which aligns well with the triangle breakout target… Source link

On Friday, Aug. 13, a total of $675 million worth of Bitcoin (BTC) options are set to expire and currently the bulls enjoy a significant advantage after a 20% weekly rally to $46,743.  According to Cointelegraph, two things that marked the positive shift seen from institutional investors were deposits to derivatives exchanges reaching their lowest levels since May 11 and entities with 10,000 to 100,000 BTC adding over $12 billion additional Bitcoin to their holdings. Meanwhile,… Source link

How to connect a Monero remote node – a quick guide What is a Monero node and how to connect it? There are two ways to access the XMR node – build the ecosystem or connect a remote node via nodes providers. AMSTERDAM, NETHERLANDS, August 12, 2021 /EINPresswire.com/ — Monero, or XMR, is an ecosystem to provide users with a secure and protected blockchain to make transactions, store their assets, and build their own products. Just like… Source link

The Ethereum price is lower in sympathy with bitcoin today, but that has not changed the long-term outlook for many ETH bulls. One of them is billionaire Mike Novogratz, who is at the helm of Galaxy Digital. Ethereum’s use cases happen to coincide with some of the biggest crazes in crypto, and as Novogratz points out, non-fungible tokens, or NFTs, are one of them. Novogratz in a tweet calls ETH a “currency of culture,” the potential total addressable market (TAM) for which is a mystery…. Source link

Crypto analyst Nicholas Merten is bullish on the altcoin market at large. The popular trader tells his 465,000 YouTube subscribers that altcoins have room to regain some dominance after Bitcoin’s big move to a recent high of about $46,500.   “If you are in the belief that we’ve just gone through a mid-cycle correction, which is the belief we hold personally, then it would make sense to expect that altcoins are going to continue climbing higher. Because as you go further and… Source link

Ethereum Ethereum rose by 0.65% on Wednesday. Reversing a 0.64% loss from Tuesday, Ethereum ended the day at $3,162.61. A mixed start to the day saw Ethereum fall to an early morning intraday low $3,122.22 before making a move. Steering clear of the first major support level at $3,050, Ethereum rose to an early afternoon intraday high $3,275.00. Ethereum broke through the first major resistance level at $3,235 before sliding back to end the day at sub-$3,200 levels. At the time of writing,… Source link

Ethereum is holding gains above the $3,200 resistance zone against the US Dollar. ETH price remains attractive and it might continue to rise towards the $3,350 resistance. Ethereum is trading nicely above the $3,100 and $3,150 support levels. The price is now trading above $3,200 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $3,110 on the hourly chart of ETH/USD (data feed via Kraken). The pair is consolidating and it is likely to… Source link