Follow us @crypto for our full coverage. Parabolic jumps in digital tokens such as Ether, Dogecoin and Binance Coin are outshining Bitcoin, prompting more questions about whether that segment of the cryptocurrency sector is ripe for a reckoning. The rallies have contributed to a slump in Bitcoin’s share of the $2.6 trillion crypto market to 43% from about 70% at the start of 2021, a metric that for strategists at JPMorgan Chase & Co. and DataTrek Research LLC may be a warning sign of… Source link

Litecoin (LTC) has broken the $400 mark, reaching a new all-time high price of $414 on Bitstamp on Monday.  The problem with buying Litecoin is that it has become too expensive in a very little period. The world’s 10th-largest cryptocurrency by market capitalization is worth 215% more than it was at the beginning of this year, soaring from $124.42 to a new record high of $413.90. Its massive rally has beaten traditional markets on a year-to-date timeframe, with many independent analysts… Source link

Litecoin (LTC) has climbed 17% in value in 24 hours to more than $402. The altcoin – billed a lighter and faster version of Bitcoin – is up 46% in the last seven days. Ethereum’s bull run continues with a 5% rise in 24 hours to $4,128, up 33% in a week. Ether’s sibling Ethereum Classic (ETC) is at $128, well below its remarkable record show of $177 last week but still up 181% on last Monday morning and up 6% in 24 hours. Ripple’s XRP… Source link

Ethereum Ethereum rose by 0.29% on Sunday. Following a 12.41% rally on Saturday, Ethereum ended the week up by 33.07% to $3,928.44. A bullish start to the day saw Ethereum rise to a late morning intraday high and a new swing hi $3,984.00. Falling short of the first major resistance level at $4,102, Ethereum fell to a mid-day intraday low $3,726.29. Steering clear of the first major support level at $3,594, Ethereum revisited $3,960 levels before easing back. At the time of writing, Ethereum was… Source link

Cryptocurrency has captured the attention of more investors this year. Getty Images On May 5,… Source link

You might have noticed some green squares floating around Twitter. Like the laser eyes, they are part of the insider signaling that creates a sense of cause and belonging. Unlike the laser eyes, they are not directly about the price – they signal support for the proposed Taproot upgrade for the Bitcoin network. Why is this important? It’s not just the benefits the upgrade brings, which are significant. Taproot is important because it reminds us of what Bitcoin is. The good stuff Before we… Source link

Yes, Dogecoin, the cryptocurrency that started as a joke and is now worth $90 billion, merits attention. But for those just beginning to take the field seriously, the two big names in the $2.2 trillion cryptocurrency market remain Bitcoin and Ether, the coin that fuels the Ethereum network. Bitcoin, the pioneer, has been on a tear, its value up about 500% in the past year. Yet it’s Ether that has been showing its older brother a thing or two, with a price jump of around 1,500% over the… Source link

Hello everyone! Welcome to this weekly roundup of Investing stories from deputy editor Joe Ciolli. Please subscribe here to get this newsletter in your inbox every week. … Source link

1. What is ethereum, and how does it work? Ethereum, a blockchain proposed in 2013 by Vitalik Buterin, is an open-source platform for decentralized applications. On this platform, software developers write smart contracts that control digital value through a set of criteria and are accessible anywhere in the world. Ethereum allows you to move money directly, bypassing traditional financial services companies. Ether, on the other hand, is like money and can be used for… Source link

Bitcoin is rapidly gaining popularity but many observers are concerned about its volatility. Insider spoke to four crypto experts to understand what the future holds. The experts also shared the most crucial information that beginners should know before investing. See more stories on Insider’s business page. Bitcoin is rapidly gaining… Source link