Yearly Archives: 2021

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – February 2nd, 2021

Ethereum Ethereum rallied by 4.62% on Monday. Reversing a 4.79% slide from Sunday, Ethereum ended the day at $1,374.6. A mixed start to the day saw Ethereum slide to an early morning intraday low $1,271.13 before making a move. Finding support at the first major support level at $1,271, Ethereum struck a late morning high $1,346.50. Falling short of the first major resistance level at $1,370, Ethereum slid back to a low $1,300.04 before finding support. Late in the day, Ethereum rallied to an… Source link

Read More »

Market Wrap: Bitcoin Trading Tepidly at $33.7K While SushiSwap Eats Raw Market Share

Bitcoin is taking a break, staying in a tight trading range with lower than average volume compared to the past month. Meanwhile, alternative cryptocurrencies and decentralized finance are stealing the spotlight. Bitcoin (BTC) trading around $33,782 as of 21:00 UTC (4 p.m. ET). Gaining 2.5% over the previous 24 hours. Bitcoin’s 24-hour range: $32,341-$34,715 (CoinDesk 20) BTC above the 10-hour and the 50-hour moving average just slightly on the hourly chart, a sideways-to-bullish signal for… Source link

Read More »

Miami’s Mayor Leads The Charge To Bring Bitcoin To America’s Largest Cities

Miami’s Mayor Leads The Charge To Bring Bitcoin To America’s Largest Cities

ASSOCIATED PRESS Miami’s mayor, Mayor Francis Suarez, has been busy adding a personalized touch in trying to bring tech entrepreneurs to Miami. Striving to combine the financial elements of New York City and the technology character of San Francisco into a South Florida finance and tech oasis, the mayor is bringing a different attitude and policy outlook on innovation. Among one of the many areas this vision affects is bitcoin — something he believes, in an… Source link

Read More »

Litecoin, Polkadot & Yearn.Finance – American Wrap: 2/1/2021 – Yahoo Finance

Litecoin, Polkadot & Yearn.Finance – American Wrap: 2/1/2021 – Yahoo Finance

TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2.5%. The underlying bullish factors – a more stable political scene, steadily… Source link

Read More »

Litecoin, Polkadot & Yearn.Finance – American Wrap: 2/1/2021

Litecoin, Polkadot & Yearn.Finance – American Wrap: 2/1/2021

Litecoin Price Prediction: LTC Is On The Brink Of A Massive Breakout To $180 As Whales Go Into Buying Spree Litecoin has been trading downwards since its peak of $185 on January 10 but has established a robust support level at $122. The digital asset seems to be on the verge of a breakout as several metrics have turned positive for LTC.  Polkadot Price Might Need To See A Strong 20% Pullback Before Resuming Uptrend Polkadot had one of the best performances in 2021 reaching… Source link

Read More »

This Is Why Bitcoin Will Hit $59,000 In 2021

Seven compelling factors that are driving Bitcoin higher. Entrepreneur’s New Year’s Guide Let the business resources in our guide inspire you and help you achieve your goals in 2021. February 1, 2021 6 min read This story originally appeared on Market Beat As technical as cryptocurrency and Bitcoin (BTC) markets are there are some fundamentals driving the… Source link

Read More »

Blockchain Bites: The ‘Silver Lining’ for Bitcoin – Yahoo Finance

Blockchain Bites: The ‘Silver Lining’ for Bitcoin – Yahoo Finance

TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2.5%. The underlying bullish factors – a more stable political scene, steadily… Source link

Read More »

There’s More To Cryptocurrency Than Bitcoin

While some older forms of cryptocurrency have been in existence since the 1980’s, most people learned about cryptocurrency through the lens of the monumental rise of Bitcoin. Founded in 2008 under mysterious circumstances, Bitcoin has taken us on a roller coaster ride of epic proportions and created many “new rich” in the process. Just imagine if you had purchased 10 Bitcoin in October of 2013 when a single coin went for around $164. As of this writing, one Bitcoin is worth $33,863, which… Source link

Read More »

LTC is on the brink of a massive breakout to $180 as whales accumulate a lot of coins

Litecoin price is bounded inside a descending triangle pattern on the 12-hour chart. Whales have been accumulating a lot of LTC in the past month, increasing buying pressure. The MVRV chart shows Litecoin is in the buy-dip zone. Litecoin has been trading downwards since its peak of $185 on January 10 but has established a robust support level at $122. The digital asset seems to be on the verge of a breakout as several metrics have turned positive for LTC. 

Read More »

Silver Is the New GameStop as Musk’s #Bitcoin Stalls

Bitcoin (BTC) quickly settled back into the past couple weeks’ range between roughly $30,000 and $36,000, after a short-lived price spike Friday when Elon Musk, the electric-vehicle and private-spaceflight entrepreneur who’s also reportedly the world’s richest person, added “#bitcoin” to his Twitter profile. “The longer we stay at the current level, the stronger the base to bounce back up,” Matt Blom, head of sales and trading for the exchange firm EQUOS, wrote early Monday…. Source link

Read More »