Several companies that are cashing in on bitcoin’s rise are publicly traded, including Galaxy Digital (BRPHF), the cryptocurrency investing firm run by bitcoin bull Mike Novogratz, a top bitcoin bank called Silvergate (SI) and bitcoin mining firm Riot Blockchain (RIOT). Investors who want exposure to bitcoin can also buy the popular Grayscale Bitcoin Trust (GBTC). There’s also lots of excitement about an upcoming IPO: Coinbase, a top bitcoin exchange, is set to go public later this year. And… Source link

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 correction than what the bulls expected. LINK lost the $20… Source link

All eyes are on cryptocurrencies and for a darn good reason. Last year, I made a friendly wager with my InvestorPlace colleague Louis Navellier, which we called the “Race to 40K.” I bet him that Bitcoin would reach that lofty threshold before the Dow Jones did. A quick look at the charts reveals that I was right on the money. But astute investors should really take a look at Ethereum. Source: Shutterstock Don’t misread this — I didn’t give Louis a hard time. In my… Source link

Bitcoin’s price took another hit Thursday morning, dropping close to $31,000 since markets opened in Europe and the U.S.. Investors rushed to take short-term profit, concerned about when – or if – another wave of new buyers would come into the market soon. At the press time, bitcoin‘s price was at $31,910.61, down 6.61% in the past 24 hours, according to CoinDesk 20. In the U.S., at around 9:40 a.m. ET (14:40 UTC), bitcoin’s price was as low as $31,006.59. One indicator showing the… Source link

Photographer: Chritophe morin/Bloomberg Photographer: Chritophe morin/Bloomberg Bitcoin plunged more than 10% Thursday, sparking a hunt for reasons the notoriously volatile asset was selling off. One that captured attention… Source link

The Litecoin (LTC) price has been decreasing since it reached a high of $185 on Jan. 10. The short and long-term time-frames suggest that LTC is still correcting, having not yet reached a low. Litecoin Drops After Rejection LTC has been moving downward since Jan. 10, when it reached a high of $185. LTC dropped sharply the following day but gradually moved upwards before another drop on Jan. 21. Technical indicators are decisively bearish since the MACD has crossed into… Source link

A trader reacts as he works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 18, 2020. Lucas Jackson/Reuters Bitcoin fell as much as 10% on Thursday after a report from BitMEX Research suggested a critical flaw called “double-spend” occurred in the bitcoin blockchain. Double-spend is a highly feared scenario where a user is able to spend their same bitcoin more than once.  The double-spend event has not been confirmed and there have been mixed messages… Source link

DOT, LTC and LINK could all correct lower before bulls resume their uptrend Litecoin and ChainLink, like most other cryptocurrencies, have followed Bitcoin (BTC) into the red as markets react to potentially bearish comments by US Treasury Secretary nominee Janet Yellen. The former Federal Reserve chair claimed during a Senate Finance committee hearing that cryptocurrencies were largely used in financing illicit activities. The market reaction has seen BTC price dip towards lows of $32,000… Source link

Bitcoin and cryptocurrency traders are looking at a sea of red on exchanges today as major cryptocurrencies dive. The bitcoin price has dropped from over $35,000 per bitcoin last night to under $33,000, currently down almost 10% on the last 24 hours in a continuation of a sell-off that’s wiped over $100 billion from the total value of the world’s biggest cryptocurrency in a week. Bitcoin’s slump has dragged on other top 10 cryptocurrencies, with ethereum, Ripple’s XRP, litecoin and… Source link

Ethereum – Litecoin – Ethereum – Litecoin – Ethereum, Litecoin, and Ripple’s XRP – Every day Tech Analysis – January 18th, 2021 | Fintech Zoom | Fintech Zoom | Fintech Zoom Ethereum rose by 0.43% on Sunday. Following on from a 4.97% rally on Saturday, Ethereum ended the week down by 1.76% to $1.232.99. A blended start to the day seen Ethereum rise to an early morning extreme $1,256.74 previous to hitting reverse. Falling in want of the first primary resistance stage at $1,297,