The world’s second most valuable cryptocurrency, ether, has been touching all-time highs in price ahead of a major upgrade of its underlying platform, ethereum. Ether is currently worth in aggregate just shy of US$500 billion (£363 billion). That’s still slightly less than half that of the biggest cryptocurrency, bitcoin. But could this upgrade, a vital step towards a much greener and faster version of the current system, put ethereum on the path to becoming the dominant platform… Source link
Read More »Monthly Archives: October 2021
Litecoin may be falling, but here’s where investors might come into play
Litecoin, as one of the first coins in the crypto-space, never made too much noise as you’d expect. There weren’t many crazy rallies or devastating crashes. Now, we did see the Walmart-associated FUD. But, we can’t really blame Litecoin for that, can we? Some believe this immobility may have kept investors safe. However, it is now costing the altcoin dearly because right now, it may be in danger. Litecoin in danger… … of falling to an all-time low? The silver to Bitcoin’s gold… Source link
Read More »This 1 key driver puts Bitcoin as high as $168,000 before 2022 (it’s not as crazy as you think)
Tom Lee: This 1 key driver puts Bitcoin as high as $168,000 before 2022 (it’s not as crazy as you think) Bitcoin has officially gone mainstream. With the launch of the first bitcoin futures ETF, the world’s leading cryptocurrency is enjoying a nice surge, recently passing an all-time high of almost $65,000. But there might be plenty of room left to run. According to top Wall Street strategist Thomas Lee — co-founder of Fundstrat Global Advisors — the price of bitcoin could soar to $168,000… Source link
Read More »Monero Price Pump Above All Vital DMA, What's Next? – Cryptocurrency News – The Market Periodical
Monero Price is trying to sustain above all vital moving average lines, while volume activity over the chart is also increasing. The digital asset is heading higher after taking support of the significant support line of 200-day and trying to hold above its short to medium-term moving averages. The pair of XMR/BTC is trading at 0.004304 BTC with an intraday gain of +5.92%, and the ratio of XMR/ETH is CMP at 0.06556 ETH with a 24-hour change of +3.62%. Monero Price at the monthly chart… Source link
Read More »Ethereum Stays Strong Ahead Of The Weekend
Ethereum Tests Resistance At $4,150 Ethereum continues its attempts to settle above the resistance level at $4,150 while Bitcoin is moving higher after yesterday’s pullback. The world’s leading cryptocurrency has recently made at attempt to settle below the $62,000 level but failed to develop sufficient downside momentum and rebounded towards $63,000. In case Bitcoin manages to settle above $63,000, it will head towards the recent highs at $67,000 which will be bullish for the whole crypto… Source link
Read More »Ethereum Price Touches New All-time High In Altcoins Rally
The price of Ethereum (ETH), the second-largest cryptocurrency by market value, crested to a new all-time high (ATH) of US$4,361.18 on Oct. 21, according to CoinGecko data — a slight increase over its previous ATH of US$4,356.99 on May. 12. But Ethereum’s new price peak was followed by a quick pullback, dropping by 3.7% within an hour. Ethereum is currently trading at US$4,140 as of publishing time, according to CoinGecko data. Ethereum playing catch-up and leading other… Source link
Read More »Bitcoin extends correction as Ethereum sees ‘picture perfect’ rejection at all-time highs
Bitcoin (BTC) stayed closer to $60,000 on Oct. 22 after the largest altcoin Ether (ETH) failed to cement new all-time highs. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView ETH all-time high? Blink and you’ll miss it Data from Cointelegraph Markets Pro and TradingView ETH/USD just match its record $4,380 on Bitstamp before seeing a harsh rejection. Traders watched in anticipation as Ethereum appeared to follow Bitcoin to historic new levels, only to face immediate resistance and… Source link
Read More »Monero Price Long-Term Prediction: A Rebound Awaits
The Monero price has been in a tight range in the past few days even as Bitcoin has surged to an all-time high. XMR is trading at $270, which is in the same range where it has been in the past few days. It has a market capitalization of more than $4.9 billion, making it the 39th biggest cryptocurrency in the world. XMR has lagged Monero is one of the best cryptocurrencies in the world because of its advanced privacy protections. Unlike Bitcoin, transactions… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – October 22nd, 2021
Ethereum Ethereum fell by 2.59% on Thursday. Partially reversing a 7.31% rally from Wednesday, Ethereum ended the day at $4,053.90. A mixed start to the day saw Ethereum rise to a late morning intraday high $4,374.95 before hitting reverse. Ethereum broke through the first major resistance level at $4,277 before falling to a mid-afternoon intraday low $4,012.77. Steering clear of the first major support level at $3,938, Ethereum revisited $4,130 levels before easing back. At the time of writing,… Source link
Read More »Bulls fight to keep Ethereum price above $4K ahead of Friday’s $435M options expiry
Ether (ETH) flirted with its $4,380 all-time high on Oct. 21 but failed to breach it by a few dollars. Some analysts, including independent market analyst Scott Melker, believe that an exchange-traded fund (ETF) approval is the next logical step for the U.S. Securities and Exchange Commission (SEC). My bet is we will see an Ethereum Futures ETF before we see a physical Bitcoin ETF. — The Wolf Of All Streets (@scottmelker) October 20, 2021 However disappointed Ether bulls might be, they are… Source link
Read More »