JPMorgan says this cryptocurrency is a better buy than Bitcoin as interest rates rise — here are 3 easy ways to invest Bitcoin may gobble up most of the headlines, but America’s biggest bank says Ethereum, the world’s second-most valuable cryptocurrency, might be the better bet as interest rates start climbing. In a recent report, analysts at JPMorgan state that Ethereum’s growing number of uses — peer-to-peer lending, NFTs, gaming, stablecoins — should help it maintain its value… Source link

Litecoin (CRYPTO: LTC) has been cooling off the past week or so after making a large run pushing to over $300. The crypto is pushing higher alongside the rest of the cryptocurrency market Tuesday. Litecoin now looks to be bouncing back up off its previous resistance level. Litecoin was up 3.21% at $215.02 Tuesday afternoon at publication. See Related: Litecoin Is Cooling Off, Where Might Support Be Found? Litecoin Daily Chart Analysis Litecoin recently saw a breakout above… Source link

The rate at which new bitcoins enter circulation is reduced by half about every four years. eclipse_images/Getty … Source link

Promised residential areas, shopping centers, restaurants, “everything built around bitcoin,” we live with what the market provides. Some things are prioritized. Housing is either high-end or tiny, stacked hexagonal pods. There’s a McCafe on every block. It’s probably easier to buy a second passport than groceries. When the digital economy is paramount, and the population mostly globe-trotters, not many businesses can remain going concerns. Source link

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Ethereum Ethereum slid by 4.08% on Monday. Following a 3.47% loss on Sunday, Ethereum ended the day at $4,089.16. After a choppy start to the day, Ethereum struck an early afternoon intraday high $4,322.86 before hitting reverse. Falling well short of the first major resistance level at $4,380, Ethereum slid to a late intraday low $4,024.45. The extended sell-off saw Ethereum fall through the first major support level at $4,194 and the second major support level at $4,125. Steering clear of… Source link

Litecoin price is hovering just above Monday’s high at $205, suggesting the start of a new uptrend. LHV Pank will allow its customers to trade LTC and other cryptocurrencies. A breakdown of the $172 support level will invalidate the bullish thesis for the altcoin. Litecoin price looks ready to reverse its temporary downtrend as it bounces off a vital demand barrier. A potential spike in buying pressure could kick-start a rally, but LTC needs to surpass one… Source link

Polkadot price has two powerful Point and Figure patterns in development. As a result, strong movement in the direction of either entry is expected – but the trend favors the long side of the trade. Polkadot price has two trade setups developing on its Point and Figure chart.  Litecoin (LTC) is gaining traction as the first bank in Estonia, LHV, announced trading in LTC and other crypto assets. The token now consolidates in a narrow trading range between $230… Source link

Bitcoin’s weakened market rally and subsequent losses over the last week gave way for altcoins to steal the show. While Avalanche and Crypto.com coin were among the few top alts that rallied, some took the market by surprise like Zcash (ZEC).  Over the last four days, ZEC outperformed major altcoins and even Bitcoin in terms of price gains charting over a 50% rise in price in just four days. This price uptrend came as a part of a rebound after Electric Coin Company discussed the… Source link

Cooler heads are calling for a collective deep breath and a step back to see the long-term outlook for the future of Bitcoin (BTC) price and the wider crypto market, but today’s drop back under $56,000 is raising eyebrows among traders. Data from Cointelegraph Markets Pro and TradingView shows that after starting the week near $60,000, several days of bears hammering the price of Bitcoin resulted in a revisit to $55,600. BTC/USDT 1-day chart. Source: TradingView Here’s what analysts have to… Source link