Source: Twitter/@GoldinAuctions In what is called one of the largest “hard asset” transactions to be paid entirely in cryptocurrency, an unknown buyer purchased an autographed Tom Brady football card for about USD 1.68m worth of litecoin (LTC) at an auction hosted by Goldin Auctions. The auction house says this marks the most expensive item to be paid in crypto since the company began to accept this form of payment last month. “The hobby is undergoing incredible growth unlike anything… Source link

Ethereum Ethereum rose by 3.14% on Wednesday. Following on from a 5.31% gain on Tuesday, Ethereum ended the day at $2,751.59. A mixed start to the day saw Ethereum to a mid-morning intraday low $2,551.00 before making a move. Steering clear of the first major support level at $2,541, Ethereum rallied to a late intraday high and a new swing hi $2,762.59. Ethereum broke through the first major resistance level at $2,739 before easing back. At the time of writing, Ethereum was down by 0.11% to… Source link

Bitcoin (BTC/USD), Litecoin (LTC/USD), Ethereum (ETH/USD), Technical Analysis – Talking Points Bitcoin is attempting to reverse a drop that cut 20% off its value Litecoin trying to follow suit, key trendline maintains upside focus Ethereum pushes into record highs, but momentum appears fading Bitcoin Technical Outlook Bitcoin is attempting to recover the top that started in April which trimmed over 20% off its value. The dip followed bearish implications from a brewing Rising Wedge chart… Source link

TipRanks These 2 Penny Stocks Could Rally Over 100%, Says Oppenheimer Speaking of economic opportunity, and the general benefits of wide-ranging growth, President John Kennedy once said, “A rising tide lifts all boats.” As the COVID crisis fades, and economic activity starts returning to normal, we may be seeing just such a situation. The corporate earnings season, which is underway now, is clobbering expectations for the first quarter of 2021. We’ve seen reports from 121 S&P-listed… Source link

Litecoin price is showing positive above the $210 support level against the US Dollar. LTC price is now trading well above the $240 level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $250 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue higher if there is a clear break above $265. Litecoin price is showing bullish signs above $240 against the US Dollar,… Source link

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Bitcoin has repeatedly broken fresh ground this year, doubling from its price of just under $30,000 per bitcoin at the start of 2021 to almost $65,000 earlier this month. The blistering 2021 bitcoin price rally has slowed since late February as bitcoin traders and investors try to call the top of the market. Now, an expert panel has predicted the bitcoin price will climb to just over $100,000 per bitcoin in 2021—with almost a third of the panelists surveyed forecasting bitcoin could… Source link

Litecoin price had a breakout from a descending wedge pattern on the 4-hour chart. The digital asset aims for a price target of $300 in the near term. The number of LTC whales has significantly decreased in the past week. Litecoin price has been trading sideways for the past 24 hours after a breakout from a key pattern formed on the 4-hour chart. However, the number of large holders of LTC has significantly decreased over the last week, indicating that whales are… Source link

The story of boring bitcoin and exciting ether continued in the cryptocurrency markets Wednesday. Bitcoin (BTC) trading around $54,925 as of 21:00 UTC (4 p.m. ET). Gaining 0.14% over the previous 24 hours. Bitcoin’s 24-hour range: $54,046-$55,710 (CoinDesk 20) BTC above the 10-hour and the 50-hour moving averages on the hourly chart, a bullish signal for market technicians. Bitcoin’s hourly price chart on Bitstamp since April 25.Source: TradingView Bitcoin’s price was holding steady on… Source link

Ethereum has been a tear recently, rising more than 63% over the last month. Technical analyst Julius De Kempenaer told us why he thinks it will surge to $3,000. He also broke down how he trades cryptocurrencies based on price momentum and relative strength. See more stories on Insider’s business page. The price action of bitcoin and… Source link