The biggest challenger to Bitcoin’s claim to the throne of cryptocurrency – Ethereum (ETH) – set yet another all-time high today as it charged towards $3,000. Stopping just $50 short of the hugely psychological landmark figure, Ether continues to steamroller its way towards flattening Bitcoin’s market dominance of cryptocurrency. Bitcoin, currently levelling off after an impressive return above $57,000, appears to have temporarily lost momentum after climbing sharply… Source link

Topline Berkshire Hathaway Vice Chairman Charlie Munger railed against bitcoin in Berkshire’s annual meeting Saturday, calling the cryptocurrency — which Munger and longtime partner Warren Buffett have excoriated for years — “disgusting and contrary to the interests of civilization.”  Berkshire Hathaway CEO Warren Buffett and vice chairman Charlie Munger attend an annual shareholders … [+] meeting in Omaha, Nebraska on May 3, 2019. AFP via Getty Images Key Facts … Source link

High-profile crypto strategist and trader Michaël van de Poppe is predicting that Cardano (ADA), Litecoin (LTC), and Zilliqa (ZIL) are almost ready to ignite the next phase of their bull cycles. In a new video, the crypto analyst tells his 76,700 YouTube subscribers that Cardano is ripe to end its multi-month consolidation against Bitcoin (ADA/BTC). “If we do crack the range high, I think we’re going to have a new impulse wave and start to continue… Source link

Ethereum, or ether for short, hit a new record high Saturday of just over $2,900. Ether prices have nearly quadrupled in 2021, soaring 290%. Bitcoin has had a great run too this year, doubling in value. The total value of all Ethereum in circulation is now about $333 billion, according to CoinMarketCap. Bitcoin’s (XBT) market value is nearly $1.1 trillion. Bitcoin has soared this year in part due to increased adoption from corporate America. Musk’s Tesla (TSLA) and software firm MicroStrategy… Source link

“I am officially a DOGE bag holder. Target: $1 Liquidation Price: $0 Game plan: ‘Make it back in 1 trade.’” According to the tweet, Angelo is down over $8.28 million on his Dogecoin holdings but he says the paper loss is not really a concern. “Not worried one bit. I am a professional at being underwater.” The trader also highlights that DOGE, which started as a joke, is now carving out a niche in the crypto sector and developing a clear use case. “I am officially a Dogecoin… Source link

Ushered into existence by Google engineer Charlie Lee on October 13, 2011, Litecoin is the 10th largest cryptocurrency by market capitalization today. Litecoin coin is an “OG” crypto. Aside from Bitcoin, no other coin has stayed in the top ten longer. BTC and LTC have held places in the charts for 410 and 409 weeks, respectively (other top performers include XRP at 396 weeks and ETH at 291). It was created following a source code “fork” of the Bitcoin Core blockchain (a fork is when a… Source link

Not to be outdone by the new kids on the Block. The Monero price continues to climb, putting the privacy token’s all-time high within reach. XMR/USD is enjoying somewhat of a renaissance period in 2020, with the Monero price increasing by 230% in the first four months of the year. Monero was launched in 2014 with a simple mission: Total anonymity and privacy for users of the platform. Via the use of advanced cryptography, Monero guarantees that all user and… Source link

Ethereum Ethereum rose by 0.64% on Friday. Following a 0.27% gain from Thursday, Ethereum ended the month up by 44.61% to $2,776.45. A mixed start to the day saw Ethereum fall to an early morning intraday low $2,727.00 before making a move. Steering clear of the first major support level at $2,687, Ethereum rallied to a late morning intraday high $2,800.00. Falling short of the first major resistance level at $2,815, Ethereum fell back to sub-$2,730 levels before finding support. Thursday’s new… Source link

Bitcoin has suddenly shot higher, climbing after the expiration of $4.2 billion worth of bitcoin options contracts—allowing investors to buy or sell bitcoin at a specified price within a set time period—sent shockwaves through the crypto market. The bitcoin price, still on track to end April down, jumped around 5% after the options expiry, climbing to just over $57,000 per bitcoin before falling back—though “joke” cryptocurrency dogecoin has left bitcoin in the dust this week. … Source link

As Ether (ETH) made a $2,800 all-time on April 29, so did its futures open interest. The $8.5 billion figure marks a 52% monthly increase and shows robust trading activity behind the meteoric price rise. Some analysts might dismiss Ether derivatives, considering CME’s future has $355 million in open interest compared to Bitcoin’s $2.4 billion. However, Ether contracts were only launched a couple of months ago. Both FTX and Deribit require 100% full-KYC for their clients, and these markets… Source link