Ethereum price is back in favor of the bulls after clawing back with two consecutive days of profit.  A favorable tailwind is emerging in cryptocurrencies after the more dovish FOMC decision.  Expect a return toward $4,000 in a matter of weeks for ETH. Ethereum (ETH) was in a correction phase at the beginning of the week. As the dust settles on a few global issues though, favorable tailwinds are emerging and helping bulls make a full recovery of the past two… Source link

Seasoned Bitcoin (BTC) hodlers are about to spark a new price run-up by hoarding BTC, data reveals this week. According to on-chain monitoring resource Glassnode, the Bitcoin supply is due to put in a fresh aging process. 1-year-old supply bottoms out Highlighting its active supply metric, Glassnode researchers noted that the percentage of the Bitcoin supply, which last moved a year ago or more, is forming a local bottom. Under such circumstances in the past, holders or “hodlers,” fresh from… Source link

Text size Bitcoin, Ethereum and Ripple coins. Josefkubes/Dreamstime Ethereum climbed above… Source link

Text size Bitcoin, Ethereum and Ripple coins. Josefkubes/Dreamstime Ethereum climbed above $3,000 early on Thursday, as… Source link

Check out what’s clicking on FoxBusiness.com. Bitcoin was trading nearly 4.2% higher on Thursday morning. The price was around $43,965 per coin, while rivals Ethereum and Dogecoin were trading around $3,115 (+6%) and 22.3 cents (+6%) per coin, respectively, according to Coindesk. Dapper Labs closed a $250 million funding round, the company behind NBA Top Shot and the Flow blockchain said Wednesday. TIGER WOODS, AUTOGRAPH, DRAFTKINGS LAUNCHING EXCLUSIVE NFT COLLECTION Coatue led the… Source link

Share Tweet Share Share Email Today, there’s more and more people who are becoming interested in trading in cryptocurrency—a type of digital currency that’s secured by cryptographic technology. The growing interest is not unfounded; the… Source link

Ethereum Ethereum rallied by 11.31% on Wednesday. Reversing a 7.08% decline from Tuesday, Ethereum ended the day at $3,078.43. A mixed start to the day saw Ethereum fall to an early morning low $2,738.24 before making a move. In spite of the early pullback, Ethereum steered clear of the first major support level at $2,576. Finding support at the 38.2% FIB of $2,740, however, Ethereum rallied to a late intraday high $3,090.83. Ethereum broke back through the 38.2% FIB and through first major… Source link

Earlier Thursday, a pop-up message blocked the homepage screen, inviting visitors to send money to a bitcoin wallet. The funds will be doubled and sent back, the message said. The message claims it is because the Bitcoin Foundation is “giving back to the community.” Source link

Decided you want in on the action? You can buy LTC on Coinbase, Robinhood and Crypto.com. Litecoin has been widely accepted as a useful asset for microtransactions, making it much easier for individuals to send payments without extremely high fees. Litecoin transactions have the ability to be 4 times faster than a Bitcoin transaction, making Litecoin a widely used cryptocurrency around the world for point-of-sale payments. What is Litecoin? Litecoin (LTC) is a… Source link

Following a broadly bearish session on Tuesday, it’s been a broadly bullish morning for Bitcoin and the broader market. At the time of writing, Bitcoin, BTC to USD, was up by 3.91% to $42,340.0. A mixed start to the day saw Bitcoin fall to an early morning low $40,601.0 before finding support. Steering clear of the first major support level at $39,076, Bitcoin rose to a late morning high $42,744.0. In spite of the recovery, Bitcoin fell well short of the first major resistance level at… Source link