Monthly Archives: September 2021

Bitcoin and Ethereum Recovery Stalls, Altcoins Struggle

Bitcoin and Ethereum Recovery Stalls, Altcoins Struggle

Bitcoin price failed to clear USD 45,000 and started a fresh decline. Ethereum is back below USD 3,000, XRP could retest USD 0.88. OKB and HT rallied more than than 12%. Bitcoin price attempted to clear the USD 44,500 resistance, but failed. As a result, BTC started a fresh decline below the USD 43,500 support. It is currently (04:27 UTC) trading below USD 43,000 and there is a risk of more downsides. Similarly, most major altcoins… Source link

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Bitcoin Explained for Lawyers | The Legal Examiner

In just ten years, the flagship cryptocurrency Bitcoin has garnered a wide range of prominent and notorious monikers: Bitcoin is…the future of money, Internet drug money, the future of the financial industry, a speculative bubble, a global currency, a direct threat to the U.S. Dollar, a looming environmental disaster, to name a few.  An often completely unprecedented legal situation exists at almost every twist and turn in the cryptocurrency industry…. Source link

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Monero Price Analysis: XMR Coin Price Is Ready To Break Above The 100 MA Resistance – Cryptocurrency News – The Market Periodical

Monero coin price is currently seeing a strong upside momentum which can lead it to a new high. It is trading with a gain of more than 3% in the intraday session XMR coin technical indicators hints towards an upcoming bull rally for the price. Meanwhile, XMR/BTC pair has seen a loss of more than 1.8% XMR coin price is currently seeking to break past the barrier of $300 and reach a new high . Monero price has seen a gain of more than 2% and is trading near the value of $242. XMR coin price… Source link

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the unwanted comeback of CPU miners

More and more people are turning into Monero miners without their knowing anything about it. Hackers enslave other computers in botnets and send them to the Monero mine. The practice is already so widespread that the talk bypasses that the mining malware is becoming the new ransomware. Is that good or bad?   Imagine your computer is working like crazy and you don’t know why. The processor is groaning, the RAM is full, and the fan is roaring. Even… Source link

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Litecoin's comeback is possible provided this happens – AMBCrypto News

Litecoin’s price has seen its own share of ups and downs this month. However, of late, the downs have been more prominent than the ups on the charts. Inevitably, the alt’s market cap shrank. As a result LTC has slipped on CoinMarketCap’s rankings chart as well. The alt that was once a part of the top 10, occupied the 16th position at the time of writing. Barring one instance since 7 May, LTC was evidently trading below $200. In fact, its press time state was even worse with the alt… Source link

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China fear is now infrastructure bill fear — 5 things to watch in Bitcoin this week

Bitcoin (BTC) is at the start of another week with China’s latest “ban” behind it — but its next “FUD” story is already brewing. The United States’ infrastructure bill is back on the table, with this week likely to see a definitive vote on what could shake up cryptocurrency businesses. At the same time, fundamentals and on-chain metrics alike continue to be more bullish than ever, and traders are betting on — at worst — a moderate price dip to a floor no lower than… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – September 27th, 2021

Ethereum Ethereum rose by 4.68% on Sunday. Following a 0.22% decline on Saturday, Ethereum ended the week down by 8.05% to $3,060.71. A mixed start to the day saw Ethereum slide to a late morning intraday low $2,741.34 before making a move. Ethereum fell through the first major support level at $2,826. Finding support at the 38.2% FIB of $2,740, however, Ethereum rallied to a late intraday high $3,117.48. Ethereum broke through the first major resistance level at $2,995 and the second major… Source link

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Ethereum alternatives and layer-1 solutions see steady gains in September

Ethereum alternatives and layer-1 solutions see steady gains in September

The competition among layer-one (L1) smart contract platforms has been on the rise in the past couple of months as traders and developers continue to embrace Ethereum (ETH) network alternatives that offer faster transaction times and lower fees. According to a recent report from Delphi Digital, the price of Ether has remained relatively flat over the past month while competitors like as Solana (SOL) and Fantom (FTM) have seen their prices rally more than 200% during the same time. Relative… Source link

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Ethereum price gets back to $3K as institutional investors pile into ETH futures

Ethereum’s native token Ether (ETH) staged a rebound on Sept. 26 following a massive decline earlier this week that saw its prices plunging to as low as $2,651 on Coinbase. The ETH/USD exchange rate rose 3.63% to hit an intraday high of $3,030. The upside move amounted to a 14.3% upside retracement from the pair’s week-to-date low at $2,651, showing that traders attempted to retain their bullish bias despite potential headwinds ahead. Last week, Ether prices fell due to a flurry of issues… Source link

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