Monthly Archives: November 2021

Litecoin debuts in Estonia’s LHV Pank while LTC price struggles to overcome stiff resistance

Estonia’s first bank, LHV Pank, has announced trading in Litecoin and direct investment in crypto assets. LTC price faces rejection below the $230 hurdle, and it’s demonstrating a bearish trend. Only by overcoming the $230 level can Litecoin rise towards $250. 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 and $210 despite… Source link

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How Do They Compare? Benzinga

Decided you want to invest in Bitcoin or Litecoin? You can do so Robinhood for zero fees! Over the last decade there has been an increasing amount of cryptocurrency projects, each offering their own unique advantages and disadvantages. Chances are most traders are familiar with Bitcoin and Litecoin. These 2 cryptocurrencies have separated themselves from the pack, offering great utility for investors.  Though many individuals struggle to see the benefits and drawbacks of these… Source link

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Did the Bitcoin and Ethereum Bubble Burst Just Signal a Crypto Market Top?

After reaching all-time highs on Nov. 10, leading cryptocurrencies Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) are both down around 15% from their peaks. Meanwhile, Cardano (CRYPTO:ADA) and Solana (CRYPTO:SOL) are down over 20% from their highs. Fears of an impending cryptocurrency winter and crackdowns by the U.S. and China may signal a short-term market top. Here’s what to do if you’re worried about falling cryptocurrency prices. Image source:… Source link

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Why Bitcoin, Ethereum, and Dogecoin Are All Sinking Again Today

What happened Investors looking at the price action among the largest cryptocurrencies by market capitalization may not like what they are seeing. As of 10 a.m. ET Monday, Bitcoin (CRYPTO:BTC) was down by a little more than 1%, while Etheruem (CRYPTO:ETH) and Dogecoin (CRYPTO:DOGE) were down by approximately 2%. These downward moves aren’t massive. However, they’re a continuation of some relatively weak price action for these cryptocurrencies. At… Source link

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Crypto exchange Kraken will delist privacy coin monero in the UK, according to an email shared on Reddit | Currency News | Financial and Business News

Kraken on a phone KONSKIE, POLAND Kraken will stop trading of privacy coin monero for UK customers this month, according to an email last week. By November 26, UK users will no longer be able to open or add to positions in monero. A Kraken spokesperson said the exchange was responding to guidance from the UK regulator. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Cryptocurrency exchange Kraken will stop UK customers from trading in privacy crypto coin… Source link

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Crypto exchange Kraken will delist privacy coin monero in the UK, according to an email shared on Reddit | Currency News | Financial and Business News

Kraken on a phone KONSKIE, POLAND Kraken will stop trading of privacy coin monero for UK customers this month, according to an email last week. By November 26, UK users will no longer be able to open or add to positions in monero. A Kraken spokesperson said the exchange was responding to guidance from the UK regulator. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Cryptocurrency exchange Kraken will stop UK customers from trading in privacy crypto coin… Source link

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Ethereum ‘huge Cup & Handle pattern’ reaffirms $6.5K ETH price target

Ethereum’s native asset Ether (ETH) may rebound by nearly 60% in the coming sessions as the bulls pin hopes on a classic bullish continuation pattern. Prices may rise to or above $6,500 from their current levels near $4,100 after completing a “cup and handle” formation, hinted Matthew Hyland, an independent on-chain analyst, in a tweet published Monday.  A perfect Cup and Handle retest Hyland’s chart shows Ether returning to the old point of resistance of its previous Cup and Handle… Source link

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$60K becomes resistance — 5 things to watch in Bitcoin this week

Bitcoin (BTC) begins a new week with a rare disappointment for its Q4 bull run — failing to crack previous support. After a promising weekend, BTC/USD ultimately saw rejection at $60,000 twice, and has since headed below $57,000 as market momentum wanes. The stakes are high: some believe that sky-high Bitcoin price targets can still be met by the end of the month, while others believe that this bull market will take longer to play out than previous ones.  With November looking ever more… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 22nd, 2021

Ethereum Ethereum fell by 3.47% on Sunday. Reversing a 2.72% gain from Saturday, Ethereum ended the week down by 7.86% to $4,262.99. Bearish through the morning, Ethereum fell to an early afternoon low $4,301.98 before making a move. Steering clear of the first major support level at $4,269, Ethereum rose to a late afternoon intraday high $4,427.72. Falling short of the first major resistance level at $4,502, however, Ethereum slid to a late intraday low $4,246.07. Ethereum fell through the first… Source link

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El Salvador plans first ‘Bitcoin City’, backed by bitcoin bonds

Speaking at an event closing a week-long promotion of bitcoin in El Salvador, Bukele said the city planned in the eastern region of La Union would get geothermal power from a volcano and not levy any taxes except for a value added tax (VAT). “Invest here and make all the money you want,” Bukele said in English, dressed all in white and wearing a reversed baseball cap, in the beach resort of Mizata. “This is a fully ecological city that works and is energized by a volcano.” Half of the VAT… Source link

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