Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, April 14, 2021 The oldest crypto critique just won’t go away.  Over the last decade, every critique in the book has been thrown at the cryptocurrency space.  But none is more pervasive than dismissing the excitement around these assets by simply saying — “It’s a bubble.” And yet, this is exactly what Bank of America’s latest global fund managers’ survey found most of the… Source link

Ethereum Ethereum rallied by 7.57% on Tuesday. Reversing a 0.58% loss from Monday, Ethereum ended the day at $2,299.92. A mixed start to the day saw Ethereum fall to an early morning intraday low $2,135.9 before making a move. Steering clear of the first major support level at $2,094.02, Ethereum surged to a late intraday high and a new swing hi $2,317.3. Ethereum broke through the first major resistance level at $2,191 and the second major resistance level at $2,243 before easing back. Coming… Source link

Technical analysts have singled out key levels of support and resistance after bitcoin hit its … [+] latest record high. Concept. 3D render Getty Bitcoin prices attained a fresh record today, breaking through $63,000 this morning and then managing to retain most of their latest gains. The world’s largest digital currency by market value climbed to $63,707.34 early this afternoon, CoinDesk figures show. After rising to these latest highs, where will the cryptocurrency go… Source link

Bitcoin has suddenly shot higher, climbing to a fresh all-time high of over $63,000 per bitcoin as the cryptocurrency community gears up for one of its biggest ever events. The bitcoin price, now up more than double where it started the year, has soared as long-awaited institutional investors finally warm to bitcoin and the likes of Tesla TSLA chief executive Elon Musk give bitcoin their surprise backing. Now, as the crypto community wars over the future of decentralization, a… Source link

Axios The warning signs of a longer pandemic All the things that could prolong the COVID-19 pandemic — that could make this virus a part of our lives longer than anyone wants — are playing out right in front of our eyes.The big picture: Right now, the U.S. is still making fantastic progress on vaccinations. But as variants of the virus cause new outbreaks and infect more children, the U.S. is also getting a preview of what the future could hold if our vaccination push loses steam — as… Source link

Ethereum (CCC:ETH-USD) is leading a pack of cryptocurrencies to new all-time highs just one day ahead of a scheduled development update for the ether network. Dogecoin (CCC:DOGE-USD) and Bitcoin (CCC:BTC-USD) likewise rallied to new all-time highs today as cryptocurrencies surge ahead of Wednesday’s Coinbase (NASDAQ:COIN) IPO (initial public offering). Source: Shutterstock Wednesday’s Berlin hard fork is an update to the Ethereum network that will reduce fees for various… Source link

The price of Ether continues to push higher, and many analysts are calling for $3,000 as a short-term target. All of this “success” takes place in the face of Ether (ETH) being in a bottleneck regarding high fees, network congestion and a tense situation with miners.  With decentralized finance (DeFi) applications taking center stage and the aggregate volumes at exchanges surpassing $4 billion per day, Ether’s price has rallied over 200% since the start of the year, marking a new all-time… Source link

A rally to as high as $2860 should be expected Using the Elliott Wave Principle (EWP), I now label the late February low as a 4th wave (blue IV), and blue wave-V is now underway. It is subdividing into five smaller waves, in black. Waves-1, 2 have already been completed, and wave-3 is now underway, which should ideally target $2340-2595. As you can see, wave-1 consisted of clean and clear five smaller waves (red waves-i, ii, iii, iv, and v), and so does the current wave-3. The target zone is… Source link

Litecoin price breakout from bull flag on the 12-hour chart The digital asset faces no significant resistance ahead, according to on-chain metrics.  The cryptocurrency market turns extremely bullish again ahead of Coinbase IPO.  Litecoin (LTC) price has been trading inside a robust uptrend since March 25 and just hit a new 2020-high at $270. On-chain metrics show practically no resistance ahead as the digital asset targets $320. Litecoin price breaks out of key… Source link

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