Yearly Archives: 2021

Market Wrap: Bitcoin Slides as US Lawmakers Wrangle Over Crypto Tax Proposal

Bitcoin (BTC) was lower for a third straight day, slipping toward $44,000 after the largest cryptocurrency by market value reached a three-month high of nearly $46,800 earlier this week.  “There just isn’t much of an appetite right now for bitcoin above $46,000, but you’re not seeing a massive sell-off either,” Matt Blom, head of trading at the digital-asset firm Eqonex, said Thursday in a Zoom interview.  Prices for ether (ETH), the native cryptocurrency of the Ethereum blockchain… Source link

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Pullback, Rally, More Significant Pullback, and Then to $9000?

Last week, see here, I found for Ethereum (ETH), aka Ether, “using the Elliott Wave Principle (EWP), I prefer to apply a bullish EWP count. Ideally, ETH bottomed for (blue) Primary wave-IV on July 20th, possibly already June 22nd, and should now be working on a few more minor 4th and 5th waves (green 5, red iii, iv) to complete a more extensive (black) major-1 wave of (blue) Primary-V. This wave-1 should ideally reach around $3000-3300, which aligns well with the triangle breakout target… Source link

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Bitcoin bulls aim for $50K ahead of Friday’s $675M BTC options expiry

On Friday, Aug. 13, a total of $675 million worth of Bitcoin (BTC) options are set to expire and currently the bulls enjoy a significant advantage after a 20% weekly rally to $46,743.  According to Cointelegraph, two things that marked the positive shift seen from institutional investors were deposits to derivatives exchanges reaching their lowest levels since May 11 and entities with 10,000 to 100,000 BTC adding over $12 billion additional Bitcoin to their holdings. Meanwhile,… Source link

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NOWNodes to Allow Fast and Easy Access to Monero Remote Node

How to connect a Monero remote node – a quick guide What is a Monero node and how to connect it? There are two ways to access the XMR node – build the ecosystem or connect a remote node via nodes providers. AMSTERDAM, NETHERLANDS, August 12, 2021 /EINPresswire.com/ — Monero, or XMR, is an ecosystem to provide users with a secure and protected blockchain to make transactions, store their assets, and build their own products. Just like… Source link

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Billionaire Mike Novogratz Is Bullish on Ethereum

The Ethereum price is lower in sympathy with bitcoin today, but that has not changed the long-term outlook for many ETH bulls. One of them is billionaire Mike Novogratz, who is at the helm of Galaxy Digital. Ethereum’s use cases happen to coincide with some of the biggest crazes in crypto, and as Novogratz points out, non-fungible tokens, or NFTs, are one of them. Novogratz in a tweet calls ETH a “currency of culture,” the potential total addressable market (TAM) for which is a mystery…. Source link

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Litecoin, Chainlink, Uniswap Could All Be Ready for Fireworks, According to Crypto Analyst Nicholas Merten

Crypto analyst Nicholas Merten is bullish on the altcoin market at large. The popular trader tells his 465,000 YouTube subscribers that altcoins have room to regain some dominance after Bitcoin’s big move to a recent high of about $46,500.   “If you are in the belief that we’ve just gone through a mid-cycle correction, which is the belief we hold personally, then it would make sense to expect that altcoins are going to continue climbing higher. Because as you go further and… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – August 12th, 2021

Ethereum Ethereum rose by 0.65% on Wednesday. Reversing a 0.64% loss from Tuesday, Ethereum ended the day at $3,162.61. A mixed start to the day saw Ethereum fall to an early morning intraday low $3,122.22 before making a move. Steering clear of the first major support level at $3,050, Ethereum rose to an early afternoon intraday high $3,275.00. Ethereum broke through the first major resistance level at $3,235 before sliding back to end the day at sub-$3,200 levels. At the time of writing,… Source link

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Why Ethereum (ETH) Bulls Keeps Pushing, Why Rally Isn’t Over Yet

Ethereum is holding gains above the $3,200 resistance zone against the US Dollar. ETH price remains attractive and it might continue to rise towards the $3,350 resistance. Ethereum is trading nicely above the $3,100 and $3,150 support levels. The price is now trading above $3,200 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $3,110 on the hourly chart of ETH/USD (data feed via Kraken). The pair is consolidating and it is likely to… Source link

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Bitcoin Price, Ethereum Price Up — Dirty Finance Cryptocurrency Price Surges Over 51% In One Day, Sets 54-Day All Time High After Successful DirtyFinance.com “Billionaire Contest” Launch Promoting Staking and Farming

LONDON, Aug. 12, 2021 /PRNewswire/ — According to Google Search Trends, Bitcoin and Ethereum lead the pack of cryptocurrencies that people search for on Google, but many cryptocurrencies are experiencing a resurgence, and investors hope the possible revived market might signal a bull trend. Dirty Finance surges 51% in one day, after successful “Billionaire” contest launch at DirtyFinance.com promoting staking and farming. For example, Dirty Finance ($Dirty:P2PBNB), an Ethereum, ERC-20 token,… Source link

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Bitcoin Price, Ethereum Price Up–Dirty Finance Cryptocurrency Price Surges Over 51% In One Day, Sets 54-Day All Time High After Successful DirtyFinance.com “Billionaire Contest” Launch Promoting Staking and Farming

LONDON, Aug. 11, 2021 /CNW/ — According to Google Search Trends, Bitcoin and Ethereum lead the pack of cryptocurrencies that people search for on Google, but many cryptocurrencies are experiencing a resurgence, and investors hope the possible revived market might signal a bull trend. Dirty Finance surges 51% in one day, after successful “Billionaire” contest launch at DirtyFinance.com promoting staking and farming. For example, Dirty Finance ($Dirty:P2PBNB), an Ethereum, ERC-20 token,… Source link

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