Back in the Picture Photographer: Jack Taylor/Getty Images  Investors let out a $58 billion sigh of relief after Alibaba Group founder Jack Ma appeared in public for the first time in months.  His brief comments on philanthropy at a live-streamed event to honor rural teachers sparked an 8.5% share-price rally in the e-commerce giant. Ma had not been seen since late last year when… Source link

Bitcoin’s shorter-term price woes are likely not over yet, analysts say, with one predicting a decline to $26,000. The cryptocurrency fell by 13% on Thursday in a spot market sell-off, hitting a low of $28,845 earlier on Friday, the lowest level since Jan. 4. In the hours since, the cryptocurrency has regained some poise to trade back above $31,000. “I’m not sure the low of $28,000 seen early Friday is the bottom,” Ki-Young Ju, CEO of blockchain analytics firm CryptoQuant, told… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The Bitcoin market registered an important price drop recently, one wherein the value of the digital asset dipped briefly under $30k on the charts. Although the cryptocurrency’s value later bounced back above the $30k-level, the said drop in price also contributed to major altcoins like Litecoin plunging on the charts. Litecoin briefly breached the support… Source link

Ethereum – Ethereum, Litecoin, and Ripple’s XRP – Day by day Tech Evaluation – January 22nd, 2021 Ethereum slumped by 19.35% on Thursday. Reversing a 0.67% acquire from Wednesday, Ethereum ended the day at $1,110.62. A blended begin to the day noticed Ethereum rise to an early morning intraday excessive $1,390.00 earlier than hitting reverse. Falling effectively wanting the primary main resistance degree at $1,446, Ethereum slid to a late intraday low $1,081.00. The sell-off noticed… Source link

Ethereum Ethereum slumped by 19.35% on Thursday. Reversing a 0.67% gain from Wednesday, Ethereum ended the day at $1,110.62. A mixed start to the day saw Ethereum rise to an early morning intraday high $1,390.00 before hitting reverse. Falling well short of the first major resistance level at $1,446, Ethereum slid to a late intraday low $1,081.00. The sell-off saw Ethereum fall through the first major support level at $1,271 and the second major support level at $1,165. More significantly,… Source link

The entire cryptocurrency market lost more than $100 billion in market capitalization. Privacy coins didn’t survive either losing more than 10% of their value within the past 24 hours. Monero price is down by 10% following Bitcoin’s bearish rally. Similarly, Dash and Zcash also lost around 10% of their price in the past 24 hours and have established short-term downtrends.  Monero price can quickly fall towards $120 On the 3-day chart, Monero was trading… Source link

Bitcoin tumbles as much as 11.3 percent on Thursday, sliding below $31,000. Bitcoin closed in on the lowest in three weeks as the cryptocurrency’s sizzling rally gives way to pessimism that prices are too high. Bitcoin tumbled as much as 11.3% Thursday, sliding below $31,000. The largest digital asset has trended lower ever since breaking through $40,000, and losses have accelerated in the past two days. While soaring crypto prices fueled a speculative mania among the Robinhood crowd,… Source link

Litecoin Price Could See A Small Pump To $150 As Indicator Flashes Buy Signals Litecoin had a significant sell-off in the past 48 hours following Bitcoin’s bearish run towards $30,000. The entire cryptocurrency market lost more than $100 billion in the past 24 hours, but LTC could jump up again. Chainlink Price At Risk Of A 16% Drop Towards $16, But There Is Still Hope Chainlink had a healthy consolidation period after a new all-time high that has turned into a steeper… Source link

The price of the world’s second largest cryptocurrency, ether, hit a new all-time high of US$1,440 (£1,050) on January 19. This breached a previous high set three years ago and gave ether a total value (market capitalisation) of US$160 billion, although it has since fallen back to around US$140 billion. Ether, which runs on a technology system known as the ethereum blockchain, is worth over ten times the price it was when it bottomed during the COVID market panic of March 2020. And… Source link

Text size A woman walking past a Bitcoin digital currency ATM in Marseille, France. Nicolas Tucat/AFP/Getty Images New players are hopping on the… Source link