The cryptocurrency ether runs on the ethereum network. Dado Ruvic/Reuters Ethereum’s token looks set for a breakout and could soon top $4,900, research house Fundstrat has forecast. Analysts said ether’s market share has grown in recent days, a positive sign for the DeFi-friendly token. However, the crypto market is far from predictable, and excitement was building around bitcoin Friday. Ether looks set for a breakout and could soon top $4,900, a new record high, according to… Source link

The cryptocurrency ether runs on the ethereum network. Dado Ruvic/Reuters Ethereum’s token looks set for a breakout and could soon top $4,900, research house Fundstrat has forecast. Analysts said ether’s market share has grown in recent days, a positive sign for the DeFi-friendly token. However, the crypto market is far from predictable, and excitement was building around bitcoin Friday. Ether looks set for a breakout and could soon top $4,900, a new record high, according to… Source link

Bitcoin (BTC) is now free to surge not only to existing all-time highs but beyond, analysts have said. Analyzing orderbook data on Oct. 15, monitoring resource Whalemap revealed that Bitcoin had already beaten all major resistance levels. Bitcoin is already moving in thin air  With $60,000 hitting for the first time since April, the odds are on for new all-time highs — and the timeframe for these keeps getting smaller. Now, a look at exchange conditions shows just how easily BTC/USD should… Source link

It’s great that the founder decided to give us one more chapter of Litecoin‘s story. Let’s tie up loose ends and wrap this whole series with a bow on top. As it turns out, Charlie Lee returned to his job at Coinbase. Was the company more supportive this time around? Plus, as we warned you last time, at one point Lee sold all of his LTC. What were his reasons to do that? Did he have a plan? And, more importantly, did the plan work?  Related Reading | Charlie Lee Sums Up Litecoin’s… Source link

Check out what’s clicking on FoxBusiness.com. Bitcoin was trading 2.57% higher on Friday morning, nearing $60,000 per coin. The price was around $58,865 per coin, while rivals Ethereum and Dogecoin were trading around $3,758 (+3.26%) and around 22.6 cents (-3.72%) per coin, respectively, according to Coindesk. BITCOIN IS ‘WORTHLESS’: JPMORGAN CEO DIMON Early Friday morning, Bloomberg reported the Securities and Exchange Commission is prepared to let the first U.S. Bitcoin futures… Source link

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Ethereum Ethereum rallied by 5.08% on Thursday. Following a 3.38% gain on Wednesday, Ethereum ended the day at $3,791.66. A mixed start to the day saw Ethereum fall to an early intraday low $3,588.55 before making a move. Steering clear of the first major support level at $3,476, Ethereum rallied to a late afternoon intraday high $3,828.84. Ethereum broke through the first major resistance level at $3,678 and the second major resistance level at $3,747. A late pullback saw Ethereum briefly fall… Source link

The Litecoin (LTC/USD) price popped in the overnight session as cryptocurrency prices rallied. The LTC coin is trading at $184, which is about 31% above the lowest level in September. Cryptocurrencies rebound Litecoin is a peer-to-peer cryptocurrency that works in a similar way to Bitcoin. It is a first-generation currency that was created to provide better services than Bitcoin. This means that it has a faster speed than Bitcoin, which is known for its congestion. It… Source link

On Oct. 14, bulls flexed their muscles and showed their intent to push the price of Bitcoin (BTC) closer to its $65,900 all-time high. One reason for the move is the steady chatter about the possibility of a Bitcoin exchange-traded fund (ETF) being approved by the end of October.  Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $54,103 on Oct. 13, the price of Bitcoin rallied 8.2% to an intraday high of $58,532 on Oct. 14 as the ETF discussion made fresh… Source link

Ether (ETH) entered a slightly bullish channel earlier this month, and currently the price is marching toward the $3,800 level. Despite the recent turbulence, Ether bulls are set to bag a $53 million profit on this Friday’s weekly options expiry.  Investors also appear to be disinterested in Ether’s recent underperformance versus Bitcoin (BTC), and to date, the altcoin’s gains stand at 265%. If Ether manages to stay above $3,600 on Friday, 99% of the $180 million put (sell) options will… Source link