Billionaire with bitcoin getty BITCOIN’S 40,000 MPH SPEED BUMP If you didn’t check the price of bitcoin this week, you would be forgiven for thinking that nothing happened of consequence. However, it had a very volatile couple of days. After staying above $40,000 for much of January 10, by the next morning bitcoin was threatening to fall below $30,000. Additionally, this sudden fall led to double-digit drops in many altcoins, such as ether, litecoin… Source link
Read More »Yearly Archives: 2021
Ethereum competitor Near Protocol (NEAR) gains 106% as DeFi heats up
Near Protocol (NEAR) is a smart contract platform that uses parallel processing to scale the network. This technique, known as sharding, resembles what Eth2 is aiming to achieve and Near’s proof-of-stake consensus mechanism also allows token holders to stake their coins. In the past month, NEAR has rallied by 107% and this raises questions on whether the project is making significant strides in what has become an ultra-competitive smart contract industry. NEAR/USDT (Binance). Source:… Source link
Read More »Monero Vs. ZCash: The Definitive Comparision
@poutintsevFilip Poutintsev Crypto Currency, Anarcho-Capitalism and Life Extension Advocate. www.poutintsev.com Monero (XMR) and ZCash (ZEC) are the two most popular privacy-centric peer-to-peer crypto-networks of confidential value circulation (or crypto-hawalas, if you will). Although both in practice conceal sender, receiver, amounts and balances, they implement very different mechanisms and protocols and work in altogether different ways to achieve that. We’ve already covered both in two… Source link
Read More »Warren Buffett blasted Bitcoin as a worthless delusion and ‘rat poison squared.’ Here are his 16 best quotes about crypto. | Currency News | Financial and Business News
Warren Buffett Getty Images / Spencer Platt Warren Buffett has repeatedly criticized Bitcoin and other cryptocurrencies as risky and worthless. “I can say almost with certainty that they will come to a bad ending,” the billionaire investor and Berkshire Hathaway CEO said. Bitcoin has skyrocketed as much as 350% in the past year to record highs. Here are Buffett’s 16 best quotes about crypto. Visit Business Insider’s homepage for more stories. Warren Buffett has been a vocal critic of… Source link
Read More »Comprehensive Sign Up Guide For Bitcoin Trader App
NEW YORK, Jan. 16, 2021 /PRNewswire/ — Bitcoin Trader Review Update: In the days of the pandemic and the subsequent recession, more people have entered the cryptocurrency market as traders. The main reason for it was that trading in CFDs of Bitcoins and other cryptocurrencies have yielded more profits than traditional stock trading. The creators of the Bitcoin Trader trading application claim that they use innovative software to analyze the trade data, so the trade forecasts are always… Source link
Read More »As The Bitcoin Price Whipsaws, These Radical New Cryptocurrencies Are Still Soaring
Bitcoin has caught the eye of Wall Street and mainstream investors over the last month after the bitcoin price surged past its 2017 highs (and could now be poised to climb yet higher). The bitcoin price has added a staggering 300% over the last year, touching $42,000 per bitcoin earlier this month before falling back slightly. As investors weigh whether to add bitcoin to their portfolios, smaller new cryptocurrencies that power the emerging decentralized finance (DeFi) market have… Source link
Read More »As The Bitcoin Price Whipsaws, These Radical New Cryptocurrencies Are Still Soaring
Bitcoin has caught the eye of Wall Street and mainstream investors over the last month after the bitcoin price surged past its 2017 highs (and could now be poised to climb yet higher). The bitcoin price has added a staggering 300% over the last year, touching $42,000 per bitcoin earlier this month before falling back slightly. As investors weigh whether to add bitcoin to their portfolios, smaller new cryptocurrencies that power the emerging decentralized finance (DeFi) market have… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – January 16th, 2021
Ethereum Ethereum slid by 5.16% on Friday. Partially reversing an 8.89% rally from Thursday, Ethereum ended the day at $1,168.1. A bullish start to the day saw Ethereum rise to an early morning intraday high $1,255.59 before hitting reverse. Falling short of the first major resistance level at $1,290, Ethereum slid to a late afternoon intraday low $1,065.0. The reversal saw Ethereum fall through the first major support level at $1,130, briefly revisiting $1,175 levels. At the time of writing,… Source link
Read More »Market Wrap: Bitcoin Dips to $34.4K as Big-Name DeFi Tokens Trounce ETH
Bitcoin was slipping Friday on lower-than-average volumes for 2021 so far. In other news, while BTC and ETH are up this year, some DeFi tokens are doing even better. Bitcoin (BTC) trading around $35,610 as of 21:00 UTC (4 p.m. ET). Slipping 9.4% over the previous 24 hours. Bitcoin’s 24-hour range: $34,425-$39,673 (CoinDesk 20) BTC below the 10-hour and 50-hour moving averages on the hourly chart, a bearish signal for market technicians. Bitcoin trading on Bitstamp since Jan. 12.Source:
Read More »Anonymous Litecoin Coming Soon Following Incognito’s New Integration
Key Takeaways While the community awaits for MimbleWimble, a team of developers has created a bridge to enable private Litecoin transactions. Incognito wallet users will be able to send a receive LTC tokens without the ability of third parties to surveil funds. The move could boost the token’s price despite the ongoing corrective period it is going through. Share this article A new integration is set to allow token holders to transact with Litecoin anonymously. Despite the… Source link
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