Monthly Archives: September 2021

Cryptocurrency has become ‘currency of the alt-right,’ white supremacists, hate groups

The Daily Stormer website advocates for the purity of the white race, posts hate-filled, conspiratorial screeds against Blacks, Jews and women and has helped inspire at least three racially motivated killings. It also made founder Andrew Anglin a millionaire. Anglin has tapped a worldwide network of supporters to take in at least 112 Bitcoin since January 2017 — today worth $4.8 million — according to data shared with The Associated Press. He’s likely raised even more. Anglin is one… Source link

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The true difference between Bitcoin and Ethereum, according to Grayscale’s CEO

The value of each of the two largest cryptocurrencies — bitcoin (BTC-USD) and ethereum (ETH-USD) — fell earlier this week amid an outright ban on cryptocurrency trading in China and indication of forthcoming regulations from the U.S. Securities Exchange Commission.  In general, ethereum prices tend to move in tandem with bitcoin. But the two coins are used for very different purposes that should be taken into account by investors, says Michael Sonnenshein, CEO of Grayscale Investments,… Source link

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Litecoin can target higher price levels if these factors play out

Once a regular top 10 crypto, Litecoin has slipped down the rankings since the 19 May broader market crash. The dearth of retail and institutional interest also hurt its price progression as participants chased after better performing alts. A brief period in early-September helped rekindle some sparks in the market, but sellers have taken over since. LTC was now within the confines of a down-channel and awaited a strong support level to kickstart a recovery. However, thwarting out sellers… Source link

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Ethereum bears look to score on Friday’s $340M weekly ETH options expiry

Ether (ETH) price has seen quite a bit of volatility lately and to the surprise of many traders, the $4,000 level continues to present considerable resistance. Currently, the price is respecting the upward channel, which started in August. But every time the support is tested, the risk of an aggressive correction increases. With that in mind, the $340 million options expiry on Oct. 1 will likely be dominated by neutral-to-bearish put options.  Ether price at Bitstamp in USD. Source:… Source link

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Monero price October prediction: Here’s why XMR will rebound

The Monero price is attempting to rebound after falling sharply in September. The XMR token crashed by more than 34% from its highest level in September to a low of $212. It is currently trading at $246, which is about 15% above the lowest level in September. Its market capitalization is at $4.4 billion, making it the 35th biggest cryptocurrency in the world. What is Monero? Monero is one of the biggest cryptocurrencies in the world. The currency was created… Source link

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Ethereum miners are hoarding a record $70B in ETH following EIP-1559 activation

An on-chain study released by Kraken Intelligence highlights strong accumulation behavior among Ethereum miners even as they faced the prospects of generating lower revenue following a major network upgrade on Aug. 5. Ethereum miners accumulated an additional 2 million Ether (ETH), worth $6.1 billion, after the so-called London hard fork’s activation. The latest bout of accumulation caused miners’ net Ether holdings to hit an all-time high of 22.3 million ETH (worth nearly $70 billion),… Source link

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Litecoin Price Analysis: LTC Coin Price May See A Slow Paced Recovery For The Future – Cryptocurrency News – The Market Periodical

LTC coin price is currently seeing a correction from the downtrend and can soon reach the new high. It has seen a gain of more than 3% in the intraday session. Technical indicators of Litecoin suggests a strong downside momentum in price for the future. In contrast, LTC/BTC pair has seen a loss of more than 0.85% in the past 24 hours. LTC coin price is currently seeing a weak correction on the daily chart and can soon hit a new low in the future. Litecoin price is currently trading near… Source link

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Monero Price Analysis: XMR Coin Trend Cycle Flips To Green – Cryptocurrency News – The Market Periodical

The XMR coin price is positive, around 2.2%, during the intraday trading session. The 24-hour trading volume is at $197 million. XMR/BTC pair is trading negative by -1.0% at 0.00558053 BTC. Daily technical chart and price trend of XMR coin show a bearish trend. Based on the pivot level, the first support zone is 225 USDT. From another perspective, if it rushes, the resistance level to watch is 285 USDT. Thus, the graph made a bullish engulfing candle pattern during the day, and the cost… Source link

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How to Mine Monero

Image Source: https://www.pexels.com/photo/money-finance-currency-coin-1036632/ Monero. The name rolls off the tongue like a romantic name. “Oh Monero,” you whisper in your sleep. But Monero isn’t just the name of your fantasy Italian boyfriend. It’s actually the Esperanto word for “coin”. And it’s what we call one of the earliest privacy coins. What makes it so private? Well, zero-knowledge proofs, for one. Without getting too technical, Monero lets you claim you’re so and so, without… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 30th, 2021

Ethereum Ethereum rose by 1.59% on Wednesday. Partially reversing a 4.12% loss from Tuesday, Ethereum ended the day at $2,850.14. After a mixed start to the day, Ethereum rallied to a mid-day intraday high $2,950.60 before hitting reverse. Ethereum broke through the first major resistance level at $2,924 before falling to a late intraday low $2,781.99. Steering clear of the 38.2% FIB of $2,740 and the first major support level at $2,735, Ethereum bounced back to end the day $2,850 levels. At the… Source link

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