Monthly Archives: October 2021

Reactivated Ethereum pools trigger a 78% surge in THORChain price

Ealier this year THORChain underwent a series of protocol exploits which led to $8 million being drained from its reserves and these successive attack took a heavy tool on RUNE price. This week, the protocol announced that it would re-open its Ethereum pool, along with other altcoin and BTC-based pools and the announcement appears to be having a positive impact on RUNE price. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $2.95 on July 20, the price of… Source link

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Bitcoin at $61,000: 3 Better Cryptocurrencies to Buy Now

It’s been a fantastic year for cryptocurrency investors and Bitcoin (CRYPTO:BTC) in particular. The market-leading cryptocurrency’s price per token has surged roughly 113% year to date even with some recent pullback after hitting a new lifetime high of roughly $67,000 per token.  Bitcoin appears to be gaining traction as “digital gold” and as a potential safe haven at a time when inflation and other factors are casting uncertainty over equities… Source link

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From $4 to Over $3.1 Million — Miner Transfers 50 ‘Sleeping Bitcoin’ After BTC Sat Idle for 11 Years – Featured Bitcoin News

On October 22 at 4:52 p.m. (EDT), a miner that acquired 50 bitcoin on May 17, 2010, spent the funds that sat idle for 11 years and five months. There hasn’t been a 2010 block reward spent in three months and the last time a 2010 miner spent their ‘sleeping bitcoin’ was on July 4, 2021. After waiting patiently for more than a decade, the miner who spent the ‘sleeping bitcoin’ on Friday saw a percentage gain of 76,249,900% if the individual cashed out into U.S. dollars… Source link

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Bitplaza Shopping App Now Supports Litecoin Payments

Anyone globally can now spend Litecoin on the Bitplaza shopping platform. READING, PA, USA, October 23, 2021 /EINPresswire.com/ — Bitplaza, Inc., a holding company of a leading global bitcoin shopping platform, today announced that the company began accepting Litecoin payments. “We’re pleased to announce that starting today, you can use Litecoin (LTC) as a payment method on the Bitplaza shopping app. Bitplaza is a giant global… Source link

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Analyst Suggests Bitcoin’s Bottom Could Be $50K Assuming BTC Surpasses $200K This Cycle – Market Updates Bitcoin News

The price of bitcoin in October has shown signs of a double-bubble similar to the bull run in 2013, and speculators have been trying to guess the leading crypto asset’s top. On October 20, cryptocurrency market analyst Justin Bennett discussed bitcoin’s possible price floor after it reaches the top. Bennett suggests the end of this cycle could be between $207,000 and $270,000. Assuming bitcoin crosses $200K per coin, Bennett thinks the digital asset’s bottom after an 80%… Source link

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Cryptocurrency Buy Signals For Tezos (XTZ), Monero (XMR) And Orion Protocol (ORN)

Cryptocurrency buy signals for Tezos (XTZ), Monero (XMR) and Orion Protocol (ORN) Tezos (XTZ) Above: Tezos (XTZUSD) Tezos (XTZ) has made some impressive gains over the past few months, easy becoming one of the best outperformers of 2021. It’s experience some weakness, profit taking and an overall slump since hitting its most recent all-time high on October 4th. In fact, it’s currently trading -30% lower from its all-time high. Some consolidation has… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 23rd, 2021

Ethereum Ethereum fell by 2.03% on Friday. Following a 2.59% decline on Thursday, Ethereum ended the day at $3,971.55. A bullish start to the day saw Ethereum rise to an early morning intraday high $4,169.72 before hitting reverse. Falling short of the first major resistance level at $4,282, Ethereum fell to a late afternoon intraday low $3,885.25. Ethereum fell through the first major support level at $3,920 before a partial recovery to end the day at $3,970 levels. At the time of writing,… Source link

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Ethereum: The great handshake – TechCrunch

Ashley Tolbert Contributor Tarah Wheeler Contributor Ethereum is the world’s most popular digital contract compiler, maintained by many but owned by none. Perhaps one of the most interesting factors behind its popularization is the future it paints — one that transforms our current internet standards for ownership, value creation and, most importantly, privacy. A transformed future? Not only can apps be… Source link

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Polkadot, Ethereum Classic, Monero Price Analysis: 22 October

With the cumulative market cap falling by nearly 2% over the last 24 hours, most cryptos were mostly in the red on 22 October. Some altcoins, in fact, showed signs of correction too.  Polkadot and Monero, for instance, projected superior buying pressure, while Ethereum Classic exhibited signs of decreasing bullish power. Polkadot [DOT] Source: TradingView, DOT/USDT DOT moved up by 1.76% and was trading at $44.93, at the time of writing. It also noted a 13.56% seven-day increase, indicating… Source link

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Analysts hold their $250K Bitcoin price target even as BTC falls below $60K

Bitcoin (BTC) briefly fell below $60,000 on Oct. 22 as a correction after all-time highs deepened concerns about the market’s strength. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader eyes $56,000 minimum BTC buy-in Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $59,930 on Bitstamp, down another 6% on the day. A rebound took the pair back above the $60,000 mark, but caution remained the name of the game as the week saw the price slide below… Source link

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