Check out what’s clicking on FoxBusiness.com. Ethereum was making strong gains early Thursday morning, while Bitcoin was trading slightly higher, reports said. Ethereum coins were trading at $2,634, up more than 6.6% per token, while Bitcoin was trading at $38,480, up a modest 1.94%, respectively, Coindesk reported. Rival Dogecoin was trading near 20 cents per coin – up 1.5% —  and XRP was at 71 cents, or 2.5% per coin, the report said. SENATORS AIM TO CLARIFY CRYPTOCURRENCY… Source link

Bitcoin (BTC) headed lower on Thursday after an attempt to reclaim $40,000 failed to garner buyer support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Accumulation recalls October 2020 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to local lows of $38,700 on Bitstamp, down around 1.5% in several hours. The largest cryptocurrency had benefited considerably from remarks by Gary Gensler, the new Chair of the United States Securities and Exchange… Source link

Key Takeaways CipherTrace has released a set of Monero tracing tools. The toolset is the result of funding from the U.S. Department of Homeland Services that began last year. The Monero community is skeptical of the tool’s effectiveness. Share this article Blockchain analytics firm CipherTrace has announced the release of a set of tracing tools for use with the privacy coin Monero. CipherTrace Provides Tracing Tools CipherTrace’s Monero toolset reportedly allows the company’s clients… Source link

Litecoin (CRYPTO: LTC) is trading higher Wednesday, likely moving with the rest of the bullish cryptocurrency market. The majority of the market is trading green and Ethereum (CRYPTO: ETH) leads the pack.  Litecoin was up 3.28% at $143.52 at last check Wednesday, while Ethereum was up 9.29% at $2,707.10.  Litecoin Daily Chart Analysis Litecoin recently bounced near an old support level and looks to be trading in an inverse head and shoulders… Source link

Bitcoin (BTC-USD) — the world’s first digital currency — has been a hot topic in financial circles for at least the last few years, and arguably needs no introduction. Surveys suggest a majority of Americans have at least heard of it. In layman’s terms, Bitcoin is a virtual currency (aka cryptocurrency) which can be exchanged through online transactions, and is stored on a digital ledger. Once trading for pennies on the dollar, one unit now costs nearly $40,000 with a market… Source link

Litecoin price closed last week with a 9.81% gain and finished July up 0.05%. LTC has defined a double bottom pattern, but it may be plotting a handle after failing to close above $149.26. The 50-week simple moving average (SMA) at $143.15 and the 2019 high of $146.00 combine to form fierce resistance.   Litecoin price responded to the oversold condition on the daily Relative Strength Index (RSI) with a 35.71% rally over the next ten days. It was an impulsive… Source link

Watch This Episode On YouTube Listen To This Episode: In this episode of Bitcoin Magazine’s “Fed Watch” podcast, hosts Christian Keroles and I, Ansel Lindner, reviewed my latest article “What Caused the Mid-Cycle Bitcoin Price Correction” and then did a tour of recent central bank news from around the world. We also hit on the future of China, North America and the Fourth Turning. My recent article was about the most important narratives from the second quarter of the year, that when… Source link

Litecoin To Join Bitpay App as Newegg Becomes the First Merchant To Accept the Currency | The Fintech Times We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. Source link

ETH/USD – Ether Falls Below Price Chanel But Finds .236 Fib Support Key Support Levels: $2460, $2400, $2320.Key Resistance Levels: $2550, $2640, $2700. Ethereum surged higher over the past fortnight inside the confines of an ascending price channel. This price channel allowed it to reach as high as $2700 this week. Unfortunately, ETH pulled back slightly from this high and fell beneath the price channel today. After breaking the lower angle of the price channel and the… Source link

Former lead maintainer of Monero Riccardo Spagni, aka Fluffypony, has been arrested in the U.S. and is now waiting for his extradition to South Africa where he will stand trial for fraud. Spagni described the case as “an old matter, which I have continuously been trying to resolve since 2011.” Fluffypony Arrested, Waiting for Extradition to South Africa The U.S. government filed a Memorandum of Extradition Law and Request for Detention Pending… Source link