Crypto prices have been on a tear this year. Ozan Kose/AFP/Getty Images

There are a few good reasons why Bitcoin (CRYPTO:BTC) gets a lot of attention from crypto investors. For one thing, it was the first cryptocurrency. And second, its value has reached meteoric highs, with a gain of more than 300% over the past year.  Finding the next Bitcoin has become the primary focus for some crypto investors, and for them, I propose that they turn their attention to Ethereum (CRYPTO:ETH). There’s no guarantee that Ethereum will… Source link

Over the very long-term, no asset class has been more successful at making investors richer than the stock market. Although there have been instances where housing, bonds, oil, and other commodities have outperformed equities in the short-term, no other investment vehicles have produced a higher average annual return than stocks. Over the short-term, it’s a completely different story. Since the coronavirus pandemic trough for equities in March 2020,… Source link

Ethereum Ethereum fell by 1.33% on Monday. Following a 0.37% decline on Sunday, Ethereum ended the day at $4,565.06. A bullish start to the day saw Ethereum rise to an early afternoon intraday high $4,770.00 before hitting reverse. Ethereum broke through the first major resistance level at $4,709 before sliding to a late intraday low $4,541.00. Steering clear of the first major support level at $4,530, however, Ethereum ended the day at $4,560 levels. At the time of writing, Ethereum was down by… Source link

Litecoin price is likely to rally 20% after a dip into the $210 to $233 demand zone. LTC can be used anywhere Visa is used, according to a recent announcement. A lower low below $210 will invalidate the bullish thesis. Litecoin price has seen a sharp decline over the past day and might continue to drop more before it sees an uptick in buying pressure. Investors can expect LTC to bounce off a crucial demand zone to restart an upswing. Visa and LTC… Source link

Litecoin Falls 11% In Rout Investing.com – was trading at $245.800 by 20:05 (01:05 GMT) on the Investing.com Index on Tuesday, down 11.01% on the day. It was the largest one-day percentage loss since September 7. The move downwards pushed Litecoin’s market cap down to $17.411B, or 0.64% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $245.800 to $263.000 in the previous twenty-four hours. Over the past seven… Source link

Selecting a timeframe for technical analysis is always a tricky topic, but usually, the longer the trend, the higher the odds it shall prevail. For example, those analyzing the 3-day Bitcoin (BTC) chart will unarguably identify an ascending channel pattern that initiated in late June. Bitcoin price in USD on FTX. Source: Tradingview Bears will also always find ways to justify their views despite the fact that Bitcoin has hit new all-time highs following the United States consumer price surge… Source link

“We seem set for higher, long-term inflation rates, but not runaway inflation, which is a very bad backdrop for society, but a very good backdrop for continued strength in all risk assets, like digital assets,” Jeff Dorman, chief investment officer of Arca Funds, wrote Monday. Source link

Malicious groups disable features in Alibaba Cloud ECS instances for Monero cryptojacking, according to Trend Micro researchers. Cybercriminals are targeting Alibaba Elastic Computing Service (ECS) instances, disabling certain security features to further their cryptomining goals. Alibaba offers a few unique options that make it a highly attractive target for attackers, researchers noted. Register now for our LIVE event! According to… Source link

The identity of Satoshi Nakamoto — a pseudonym for the legendary, still-unidentified creator of Bitcoin — could soon be revealed in a court case in Florida, according to a report. The family of deceased computer scientist David Kleiman contends he created the cryptocurrency along with Craig Wright under the Satoshi Nakamoto name. And Kleiman’s heirs are suing to get their half of a Bitcoin stash worth nearly $70 billion that’s under the famous pseudonym,… Source link