Despite Jamie Dimon blasting Bitcoin as ‘worthless,’ JPMorgan just set a new price target for the crypto of $146,000 — here’s how to jump in JPMorgan, the nation’s largest bank, has a rather ambivalent view of Bitcoin. Its CEO, Jamie Dimon, isn’t exactly a big believer in the world’s biggest cryptocurrency. “I personally think that Bitcoin is worthless,” he said at a conference last month. But the bank’s investment strategists have a very different opinion, recently renewing their… Source link

advertisement The Ethereum Foundation, a non-profit organization supporting Ethereum and other blockchain technology, which is separate from Ethereum tech development, is setting aside $1 million USD for grants designed for Ethereum and blockchain tech education and advocacy.  According to a blog post published on Tuesday, the Ethereum Foundation will split the million-dollar grant pool into two halves: $500,000 for Coin Center, Electronic Frontier Foundation and Fight for the Future —… Source link

What happened  The explosion of cryptocurrency prices seems to have come to an abrupt halt late on Monday night as a broad crypto sell-off commenced. As of 11 a.m. EST on Tuesday, every major cryptocurrency was down big, with some trading 10% lower in the past 24 hours.  Bitcoin (CRYPTO:BTC) is the biggest and most notable move in the world of cryptocurrency, falling 5.8% in the past 24 hours. After peaking at about $69,000 last week, the value of a… Source link

The top cryptocurrencies by market capitalization keep changing over time as the industry matures. Solana (SOL) has seen its value skyrocket so far this year and has been consistently processing over 2,500 transactions per second. The cryptocurrency’s price, according to TradingView data, is up nearly 13,000% year-to-date as the year started with SOL trading slightly below $2. Solana is now changing hands-on exchanges for around $240. Solana is a blockchain platform that aims to achieve high… Source link

The retreat in the cryptocurrency market has accelerated in the last two days, after the strong bullish momentum early last week, which pushed cryptos to some record highs. Certain cryptocurrencies have lost 20% of the value so far this week, while some remain stronger than others and are holding on better. Avalanche and Litecoin are among these cryptocurrencies, which look very tempting to buy since they declined less and are brushing off the losses pretty fast. Avalanche Daily Chart… Source link

Litecoin’s (CRYPTO: LTC) price has decreased 10.47% over the past 24 hours to $241.18, continuing its downward trend over the past week of -10.0%, moving from $262.85 to its current price. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or… Source link

MittGroup CEO Grant Mitterlehner tells Neil Cavuto Bitcoin is ‘the new gold.’ Bitcoin is trading above the $60,000 per coin mark on Tuesday after briefly tumbling below that level earlier in the day.  The world’s largest cryptocurrency has dropped more than 5% in the past 24 hours as of the time of publication, but it’s year-to-date returns are still up approximately 110%, according to CoinDesk. Meanwhile, Ethereum has dropped more than 7% to around $4,300 per coin.  Although the… Source link

What happened Most major cryptocurrencies saw intense selling pressure Monday evening and into early Tuesday morning. Among the biggest losers over the past 24 hours were Algorand (CRYPTO:ALGO), Litecoin (CRYPTO:LTC) and Chainlink (CRYPTO:LINK). These tokens lost between 12% and 13% each, as of 9 a.m. EST Tuesday. Investors may want to note, this wasn’t any old token-specific decline. Algorand, Litecoin, and Chainlink were merely among today’s… Source link

Flying Crypto’s on Twitter NEW YORK (PRWEB) November 16, 2021 Market Analyist @FlyingCryptos on Twitter, in the video here which garnered over 25K views, explains his outlook on the LTC/BTC chart. Looking at the monthly timeframe, Litecoin has developed a multi-year falling wedge pattern since the end… Source link

PALM BEACH, Fla., Nov. 16, 2021 /PRNewswire/ — FinancialNewsMedia.com News Commentary – As recently reported on Voi.id, observers from Finder.com predict the price of the number of cryptocurrencies will increase soon, including Dogecoin (DOGE), Litecoin (LTC), and Ethereum (ETH). Reporting from Bitcoin.com News, observers say that the price of the cryptocurrency Dogecoin is predicted to break the US $1.21 (around IDR 17,448) in 2025. Meanwhile, Litecoin’s price is predicted to reach US