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Anthony Di Ionio, co-founder of Ethereum. Photo from Decentral Ethereum co-founder Anthony Di Iorio said he thinks the market for non-fungible tokens has become “saturated” as the space has gained mainstream adoption in 2021. “The NFT market, I think, is figuring itself out right now. I don’t know if the value of it is really showing through yet,” he told CoinDesk TV Thursday. NFTs are digital representations of artwork, sports cards, or other collectibles tied to a blockchain,… Source link

Litecoin (LTC) prices surged by up to 35% to hit a one-year high against Bitcoin (BTC) this week, prompting analysts to predict an extended upside momentum for the remainder of the ongoing monthly session. LTC/BTC 1-week candle chart (Binance). Source: TradingView The LTC/BTC exchange rate touched 6,358 sats during the Asia-Pacific trading hours. The pair later corrected to an intraday low of 5,776 sats ahead of the London opening bell as profit-taking sentiment grew near the sessional… Source link

First-time players seeking the most engaging experience in Dogecoin and Litecoin betting are eligible for a “much generous” welcome bonus of up to 10,000 Doge or 5 LTC. Dogecoin was started purely as joke fodder, but its 13,000% surge this year has caused crypto and mainstream audiences alike to sit up and take notice. Its more than $80 billion market cap (as of May 5) far exceeds Ford Motor Co. and Twitter. This weekend the self-professed Dogefather, Tesla chief Elon Musk, pushes further… Source link

Ethereum Ethereum rallied by 8.96% on Wednesday. Reversing a 5.65% loss from Tuesday, Ethereum ended the day at $3,529.97. It was a mixed start to the day. Ethereum fell to an early morning intraday low $3,207.00 before making a move. Steering clear of the first major support level at $3,093, Ethereum rallied to a late intraday high and a new swing hi $3,550.00. Ethereum broke through the first major resistance level at $3,461 to end the day at $3,500 levels. At the time of writing, Ethereum was… Source link

Litecoin price surged 16% over the last 24-hours, indicating an uptick in bullish momentum. A minor retracement to the weekly demand zone extending from $217 to $304 will most likely propel LTC to an all-time high at $420. On-chain metrics hint at increased interest among investors over the last couple of weeks. Litecoin price performance faltered along the way but hasn’t come to a standstill. With its 2018 all-time high only a minor upswing away, investors seem to… Source link

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Ethereum is the world’s second largest cryptocurrency behind Bitcoin, its price recently surging to a record high of $3,400 at the beginning of May 2021, a quadrupling in its value since the start of 2021.  What are cryptocurrencies? Find out more With an effective market capitalisation of around $350 billion, Ethereum’s corporate clout puts it on a par with major well-known companies such as PayPal and the Bank of America.  If you’re familiar with Bitcoin but less… Source link

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Bitcoin has regained poise on Wednesday after U.S. Treasury Secretary Janet Yellen toned down comments suggesting interest rate hikes may be needed to stop the economy from overheating. “It’s not something I’m predicting or recommending,” Yellen clarified during an online event hosted by The Wall Street Journal late on Tuesday, downplaying remarks made earlier in the day. “If anyone appreciates the independence of the Federal Reserve, I think that person is me,” Yellen added, Source link