Ethereum pauses at record high, bitcoin’s rally stalls, DOGE Moons Ether (ETH) prices were lower after surging 10% on Wednesday to a new record, climbing past $1,600 for the first time.  The recent gains appeared driven by signs of growth on the cryptocurrency’s underlying Ethereum blockchain network, as well as interest from institutional investors starting to venture beyond bitcoin, the oldest and largest cryptocurrency.  “Ethereum is in such high demand because the asset is undergoing… Source link

TipRanks 2 Stocks Flashing Signs of Strong Insider Buying Tracking insiders’ stock purchases can make a viable investment strategy. Corporate insiders – the company officers and board members – are naturally positioned to be in the know, to know how company policies and performance will impact stock prices. They can use that knowledge to inform their own stock purchases – but not unfairly. By law, they must disclose publicly their own stock holdings, and the general public can learn… Source link

HANGZHOU, China, Feb. 04, 2021 (GLOBE NEWSWIRE) — Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a blockchain technology company in the global market, today announced that the Company has completed the designing of a chip for simultaneous Litecoin (LTC) and Dogecoin (Doge) mining as an addition to our current portfolio of cryptocurrency mining chip designs. The Company believes the new design will allow the Company to construct high performance… Source link

If Litecoin (LTC) charts a price trajectory similar to Ethereum’s, it could climb to $250 within days Litecoin’s crash from highs of $186 to lows of $111 in 48 hours (10—11 January) looked to have dashed bulls’ hopes of a dash towards the $200 level. It also meant LTC lagged as major assets hit new all-time highs. While the coin remains some distance from the all-time peak set in 2017, it’s likely the latest uptrend could see an LTC/USD target of $250. Increased buy pressure around… Source link

I am as fascinated by cryptocurrency and Bitcoin (CCC:BTC) as most investors. Perhaps more. And like most other people, I struggle to understand what it is and how to make sense of it. Source: Shutterstock That’s why I think it’s valuable to compare it to other, more well-established assets. Investors might be surprised that Bitcoin isn’t all that different to some of the most traditional forms of investment.  Bitcoin Like Other Great Assets  When investors talk about… Source link

Ethereum Ethereum jumped by 10.23% on Wednesday. Following on from a 10.12% rally Tuesday, Ethereum ended the day at $1,668.72. A mixed start to the day saw Ethereum slip to an early morning intraday low $1,509.48 before making a move. Steering well clear of the first major support level at $1,400, Ethereum rallied to a late intraday high and a new swing high $1,672.20. Ethereum broke through the first major resistance level at $1,588 and the second major resistance level at $1,663 to end the… Source link

This article is part of the FT’s Runaway Markets series. A flood of central bank stimulus and widening interest among retail and institutional investors has sustained the rally in cryptocurrencies, analysts say, even as sceptics warn that the market is in the midst of a bubble. Bitcoin kicked off February at just above $36,000, about $5,000 beneath the all-time peak it hit last month. The digital currency briefly wobbled after reaching the high in early January, but has so… Source link

Sentiment throughout the cryptocurrency sector continues to improve as Ether (ETH) price ventured into uncharted territory and notched a new all-time high of $1,653 on Feb. 3.  Meanwhile, Bitcoin (BTC) bulls appear to have their eyes set on the $40,000 mark and according to Cointelegraph analyst Marcel Pechman, this Friday’s $1 billion BTC options expiry favors bulls. Data from Cointelegraph Markets and TradingView show a price increase of 4.46% for the top cryptocurrency, which currently… Source link

Researchers warn that the Hildegard malware is part of ‘one of the most complicated attacks targeting Kubernetes.’ Researchers have discovered never-before-seen malware, dubbed Hildegard, that is being used by the TeamTNT threat group to target Kubernetes clusters. While Hildegard, initially detected in January 2021, is initially being used to launch cryptojacking operations,… Source link

Key Takeaways Litecoin spiked over 12% in the past 24 hours before correcting again. The bullish impulse came after LTC breached the $139 resistance level. Now, this cryptocurrency is primed to advance to $187 but may offer sidelined investors an opportunity to get back into the market. Share this article Litecoin seems to be breaking out of a three-week-long consolidation period, but a particular technical indicator points to a correction before it advances further. Litecoin Primed… Source link