SUNNYVALE, Nov. 01, 2021 (GLOBE NEWSWIRE) — The rapidly evolving global market for cryptocurrency is currently abuzz with the recent introduction of three extraordinarily designed mining rigs, AW1, AW 2 and AW Pro from ASICWay ( www.ASICWAY.com ). Instead of focusing only on highly proficient and technology savvy mining stalwarts, these three products were created to allow the casual enthusiasts as well as small-time miners to make their fortune out of crypto mining by generating a… Source link

Litecoin price at the monthly chart is trading above its all vital moving averages of 20, 50, 100, and 200-day.   The crypto asset is currently trying to sustain above its vital moving averages, with the lower volume activity.  The pair of LTC/BTC is trading at 0.003188 BTC with a minor intraday gain of +0.77%, and the ratio of LTC/ETH is CMP at 0.04507 ETH with a 24-hour change of -0.34%  Litecoin price at the monthly chart is trading just above its vital moving averages of 20, 50,… Source link

Check out what’s clicking on FoxBusiness.com. Bitcoin was trading 2.4% higher Monday morning. The price was around $62,130 per coin, while rivals Ethereum and Dogecoin were trading around $4,335 (+1.71%) 27.4 cents (3.95%) per coin, respectively, according to CoinDesk. BITCOIN’S ETF OPENS THE FLOODGATES FOR MORE The October rally by bitcoin appears to have stabilized the cryptocurrency ahead of central bank meetings in the U.S., U.K. and Australia to assess the effectiveness of… Source link

Bitcoin Bitcoin, BTC to USD, rose by 0.82% in the week ending 31st October. Reversing a 1.07% decline from the week prior, Bitcoin ended the week at $61,330.0. A bullish start to the week saw Bitcoin rise to a Monday intraweek high $63,666.0 before hitting reverse. Falling well short of the first major resistance level at $65,285, Bitcoin slid to a Thursday intraweek low $57,606.0. Bitcoin fell through the first major support level at $58,082, before revisiting $62,900 levels. A bearish weekend,… Source link

Cryptocurrencies are positioned as a completely decentralized and anonymous alternative to fiat currencies. In fact, this is not entirely true. Most existing cryptocurrencies have a transparent blockchain. That is, any record on the blockchain remains in the public domain. This means that the identity of any user can be disclosed. The only completely confidential cryptocurrency is XMR. What Is XMR? XMR uses the CryptoNote protocol, which is based on ring… Source link

Ethereum failed to test $4,500 and corrected lower against the US Dollar. ETH is trading above $4,150 and it might attempt a fresh increase in the near term. Ethereum started a downside correction below the $4,320 and $4,250 levels. The price is now trading below $4,300 and the 100 hourly simple moving average. There is a key declining channel forming with resistance near $4,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above… Source link

Ethereum Ethereum fell by 0.82% on Sunday. Following a 2.18% decline on Saturday, Ethereum ended the week up by 5.08% to $4,290.16. A bullish start to the day saw Ethereum rise to an early morning intraday high $4,395.99 before hitting reverse. Falling short of the first major resistance level at $4,428, Ethereum slid to a mid-day intraday low $4,168.10. Ethereum fell through the first major support level at $4,229 before briefly revisiting $4,300 levels. A late pullback, however, saw Ethereum… Source link

Litecoin price consolidates below a crucial demand zone, extending from $210 to $232. A decisive close above this barrier will propel LTC to $300. On-chain metrics reveal massive headwinds for the altcoin. Litecoin price is in a tough spot as technicals hint at a bullish outlook if the altcoin can manage to close above one particular hurdle. However, on-chain metrics indicate that an ascent would be an uphill battle. Therefore, investors need to be careful with… Source link

Establishments survive by assimilating useful upstarts and excluding dangerous ones. This is the theme of Victorian novels where self-made entrepreneurs became MPs and American heiresses married dukes. It is also a trend in financial services. The value of unregulated cryptocurrencies has soared to an estimated $2.8tn. Regulated banks, fund managers and consultants are establishing or expanding fledgling digital asset operations. The City of London and Wall Street are wrestling with the… Source link