Bitcoin (BTC) may have fluctuated in price this year, but BTC remains a better play than the biggest crypto stocks. New data currently circulating shows that for all the growth in the industry surrounding Bitcoin, it still pays simply to buy and hold. Stocks fail to compete with BTC, ETH Looking at the stock performance of firms with the largest BTC allocations on their balance sheets, it becomes immediately apparent that it was more profitable to hold BTC than those equities — at least this… Source link
Read More »Yearly Archives: 2021
This Crypto Will Be the Ethereum of 2022
Ethereum (CRYPTO:ETH) has been one of the strongest investments of 2021, its price soaring by more than 437% since the beginning of the year. It’s also one of the priciest cryptocurrencies, however, priced at just under $4,000 per token. As Ethereum continues to grow, it will only become more expensive. If you’re looking for a more affordable investment that has similar growth potential, there’s another cryptocurrency to consider: Solana (
Read More »Is Litecoin Cash (LCC) Worth the Risk Tuesday?
Litecoin Cash achieves a high risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk. InvestorsObserver is giving Litecoin… Source link
Read More »First Mover Asia: Asia Bump Sends Bitcoin Over $49K – CoinDesk
As coming installments of this series will show, the rest of 2021 would be defined by market-moving tweets from electric-vehicle billionaire Elon Musk, rapid price rallies in barely-heard-of alternative cryptocurrencies, a fresh wave of corporate buy-in to the legitimacy and potential of digital assets, plenty more moments of extreme volatility – and, eventually, a new all-time high of around $69,000. Source link
Read More »Why Ethereum Popped 4.9% Today
What happened There was more excitement in the world of Ethereum (CRYPTO:ETH) today as a long-awaited upgrade moved a little closer. The value of Ethereum jumped as much as 4.9% in the last 24 hours and as of 3:10 p.m. ET the cryptocurrency was up 3.2% and hovering over the $4,000 mark. So what Ethereum opened the Kintsugi testnet to the public on Monday and that has made investors more bullish on this cryptocurrency. Kintsugi is the testnet… Source link
Read More »What’s next for bitcoin and the rest of the crypto world?
One bitcoin currently trades for just under $49,000, a stunning surge of 66% from January levels. But the top crypto is also down nearly 30% from its record high of almost $69,000 hit in November. There is no denying that crypto has gone mainstream. The total value of all cryptocurrencies in circulation stands at more than $2.2 trillion, with bitcoin accounting for about $920 billion of that total. Ethereum, or ether, is starting to close the gap, too. Ethereum, which is a popular crypto for… Source link
Read More »Ethereum in 5 Figures: Is it a Buy?
A lot of investors have warmed up to cryptocurrencies this year, and Ethereum (CRYPTO:ETH) has been a popular choice. It pioneered smart contracts, and its evolving blockchain tech is just getting started. Are you new to Ethereum and see it as a way to diversify your stock-heavy portfolio? Are you a seasoned vet of the crypto market, battle tested by the volatility, who accepts the ups and downs in the pursuit of market-thumping returns? No matter… Source link
Read More »Bitcoin and Ethereum Rise as Stock Market Rebounds
Text size A visual representation of Bitcoin cryptocurrency. Edward Smith/Getty Images Bitcoin and other… Source link
Read More »Bitcoin hits $49K as BTC price gets unlikely boost from Erdoğan’s Turkish lira tinkering
Bitcoin (BTC) rebounded over 5% on Dec. 21 as a dramatic turnaround in the fortunes of the Turkish lira boosted investors’ confidence. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Wishing on a sentiment flip Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing overnight as the lira shot up as much as 40% against the United States dollar. The move came as Turkey’s president, Recep Tayyip Erdoğan, announced sweeping measures to protect consumers and… Source link
Read More »Bitcoin Will Replace the Dollar: Jack Dorsey – CoinDesk
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk English Source link
Read More »