Yearly Archives: 2021

Litecoin’s high Grayscale premium and what it means for the price

One of the major headlines circulating over the past couple of weeks was related to Bitcoin’s negative premium on Grayscale. At press time, the premium per market share is still at -3.06% which is why it is even more surprising that Litecoin is currently trading at a massive premium on the platform. Presently, Litecoin holdings per share is $16.26 whereas the market price per share for the same holding is valued at $249. The difference is a massive 1436% premium that investors would need… Source link

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Monero price analysis: XMR lags behind the rising crypto market

Monero is one of the rare cryptocurrencies in the market cap top25 that ended up posting week-over-week losses. Will XRM catch up in price gains, and should you consider investing in XMR now? Fundamental analysis: no fundamental improvements act against Monero this time Monero has lacked initiative when it comes to upwards price motion in the last week despite the crypto market’s bounce back up. However, XMR holders are still hopeful, as its price is seemingly creating a solid short-term… Source link

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Institutional interest in bitcoin sets the latest bull run apart from 2017’s retail-driven surge, Goldman’s digital asset chief says | Currency News | Financial and Business News

Institutional interest in bitcoin sets the latest bull run apart from 2017’s retail-driven surge, Goldman’s digital asset chief says | Currency News | Financial and Business News

Sawitree Pamee / EyeEm/Getty Images Institutional interest in bitcoin sets the latest bull run apart from 2017’s retail-driven surge, Goldman says.  The head of digital assets has had over 300 conversations with institutional clients about bitcoin.  Much of the institutional demand has been driven by fears around asset devaluation. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Institutional interest in bitcoin sets the latest bull run apart from 2017’s… Source link

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Ethereum, Monero, FTX Token Price Analysis: 08 March

Ethereum, Monero, FTX Token Price Analysis: 08 March

Ethereum recaptured a key resistance mark at $1,687, a level that had not been breached since the broader market pullback in late-February. Monero lacked the trading volumes and buying intensity to flip the 38.2% Fibonacci retracement level. Lastly, FTX Token eyed a rise above its overhead resistance but the indicators presented the chances of a short-term reversal. Ethereum [ETH] Source: ETH/USD, TradingView Ethereum retook the $1,680 level from the bears thanks to a surge of 6% in the… Source link

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Hello Pal Announces Proposed Transaction to Acquire Interests in Dogecoin/Litecoin Mining Facility and Mining Assets and Private Placement to Raise up to C$5 Million by way of Subscription Receipts

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC, March 8, 2021 /PRNewswire/ — Hello Pal International Inc. (“Hello Pal” or the “Company”) (CSE:HP) (Frankfurt:27H) (OTC:HLLPF), a provider of international live-streaming, social messaging and language learning mobile apps, is pleased to announce that it has entered into a letter of intent (the “LOI”) with Shanghai Yitang Data Technology Co. Ltd. (“Yitang”) to acquire: (a) an… Source link

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Ethereum ETP to List on Deutsche Borse – Yahoo Finance

Ethereum ETP to List on Deutsche Borse – Yahoo Finance

Refinery29 Like It Or Not, Yoga Pants Are Making A Comeback A decade ago, I wouldn’t have been caught dead in a pair of skin-tight bike shorts. Yoga pants, though, now that was a silhouette I could rally behind. Fitted at the top, loose at the bottom — they were the perfect combination of flattering and comfortable. I wore them daily, one leg tucked into my salt-stained UGG boots, the other falling casually over the boot’s rounded toe. Somewhere along the way, I, like many others, filed… Source link

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Monero (XMR) Has Failed To Regain Momentum

Monero is one of the rare cryptocurrencies in the market cap top 50 that ended up posting week-over-week price losses as it underperformed the surging crypto market Fundamentals and past price performance Monero has lacked initiative in terms of upwards price action in the last week as the market finally bounced back up. However, not all is lost for XMR, as its price is seemingly creating a solid technical formation on the daily chart. When it comes to its fundamentals, nothing major (or… Source link

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Bitcoin’s Stimulus-Led Rise Fades as Stocks Drop, Dollar Gains

Bitcoin has erased Sunday’s gains as stock markets struggle to cheer progress on U.S. fiscal stimulus efforts. The cryptocurrency is changing hands just over $50,150 at press time, representing a 1.55% drop on the day, according to CoinDesk 20 data. Prices had jumped from roughly $49,000 to $51,800 on Sunday as the U.S. Senate approved President Joe Biden’s $1.9 trillion stimulus plan. The bill now heads back to the House for clearance. Traditional markets gave mixed reactions early today,… Source link

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Meitu: Chinese selfie app pours cash into bitcoin and could buy more

Meitu, a tech firm known for a popular photo-editing app, said Sunday that it bought some $40 million worth of cryptocurrency. That includes about $18 million worth of bitcoin and more than $22 million worth of etherium. “Cryptocurrencies have ample room for appreciation in value,” the company said in a filing to the Hong Kong stock exchange. Meitu added that buying the cryptocurrencies helps the company diversify its cash holdings, and said it showed that the firm wants to “embrace… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 8th, 2021

Ethereum Ethereum rose by 4.63% on Sunday. Following an 8.05% rally from Saturday, Ethereum ended the week up by 21.55% to $1,728.22. Relatively range-bound through most of the day, Ethereum fell to an early afternoon intraday low $1,631.07 before making a move. Steering clear of the first major support level at $1,559, Ethereum rallied to a final hour intraday high $1,735.00. Ethereum broke through the first major resistance level at $1,698 to end the week at $1,700 levels. At the time of… Source link

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