Bitcoin’s latest rally to another all-time high north of $60,000 may have lost some steam this week, but its blistering ascent since last year has reignited concerns about the toll Bitcoin is taking on people and the planet. In the United States, President Joe Biden’s administration has voiced concerns over Bitcoin’s role in money laundering, the potential fallout of financial speculation, and Bitcoin’s environmental impact. In China, where more than half of new Bitcoins are mined,… Source link

LOS ANGELES, March 17, 2021 /PRNewswire/ — CryptoSignatures.org has released the first and only collection of 1 of 1 world-famous signatures on the Ethereum blockchain through the NFT marketplace opensea.io. The NFT collection includes digital representations of signatures from legendary athletes, musical geniuses, tech titans, and the world’s most famous and influential people.  Only one CryptoSignature per person will ever be released and minted to the blockchain. For thousands of… Source link

Eth 2.0 may be coming to a computer screen near you quicker than most anticipated, including the Ethereum developers. Last week, Vitalik Buterin released a “quick merge via fork choice change” document – a lighter version of the Executable Beacon Chain for quick deployment. While only a loose technical document, the plan ostensibly serves as a notice against any further agitation from Ethereum miners as the merge would allow Ethereum to abandon mining in a rapid fashion. The Executable… Source link

Source: Adobe/pixarno Bitcoin (BTC) and Litecoin (LTC) getting even more closer to their privacy-related upgrades: Taproot for the former, and MimbleWimble (MW) for the latter. The Speedy Trial (ST) proposal for Taproot, a protocol upgrade that should improve Bitcoin’s privacy and flexibility, has received a lot of ‘ACKs’ over the past eleven days, signaling the community’s support for it and the upgrade activation. The vast majority of the participants voiced their acknowledgment… Source link

In my previous article on Ethereum (ETH) from three weeks ago, I was “… looking for a somewhat tricky, whipsawing, move higher, ideally to around $1880+/-40, but it could even challenge the recent all-time high. From there, I expect several weeks of downside back to $1200+/100. After that, I anticipated the next rally to ~$3000+. However, a weekly close below $1200 targets $900…” Fast forward, and ETH topped this week, so far, at $1891. Thus, using the Elliott Wave Principle (EWP) and… Source link

Litecoin lands support on Bovada, one of the leading online sports platforms. Bovada praises Litecoin for its algorithm that ensures faster deposits and withdrawals. LTC has resumed recovery eyeing an upswing to $250. Bovada, a leading online sportsbook, has added support for Litecoin. The company sent information to its users on March 16, praising LTC for its algorithm that ensures faster deposits and withdrawals. According to the company, many firms start by… Source link

Litecoin price clear and definite prior uptrend supports a cup-with-handle base. U-shaped bottom enforces the bullish outlook. Bears unsuccessfully trying to pull LTC price below the 50-day simple moving average (SMA). Litecoin price suggests a balance between supply and demand and confirms the bullish view that selling pressure has been exhausted. Litecoin price reflecting historical precedent for superior bases A strong price pattern of any type, like a cup-with-handle, “should… Source link

Ethereum Ethereum rose by 0.67% on Tuesday. Following a 2.89% decline on Monday, Ethereum ended the day at $1,806.03. A bearish start to the day saw Ethereum slide to an early morning intraday low $1,706.25 before making a move. Ethereum fell through the first major support level at $1,722.04 before striking a late morning intraday high $1,819.20. Falling short of the first major resistance level at $1,881, Ethereum fell back to $1,760 levels before funding support. A late move back through to… Source link

Someone bought this NFT for $69,000. I vividly remember the moment I realized NFTs were a thing.  I was talking to a friend who’s into cryptocurrency. He was regaling me with a… Source link

A retest of 1200+/-100 and then rally to new all-time highs. As you can see, the weekly and monthly charts feature two different EWP wave-labels, but both point to higher prices (anticipated paths). The weekly chart’s EWP points to two more rallies (black major-5 and blue Primary-V) after an initial pullback (major-4) before this Bull run is over. Whereas the monthly chart suggests, we could see three more rallies (add purple Cycle 5). I always have an alternate (more Bullish) EWP count… Source link