RocketFuel Blockchain CEO Peter Jensen comments on the future of cryptocurrency from Bitcoin Week in El Salvador Bitcoin was trading more than 3% lower Friday morning. The price was around $57,200 per coin, while rivals Ethereum and Dogecoin were trading around $4,160 and 22 cents per coin, respectively, according to Coindesk. GET FOX BUSINESS ON THE GO BY CLICKING HERE Bitcoin fell to a one-month low on Friday and was headed for its worst week in six months as traders have booked profits… Source link

Bitcoin (BTC) is demanding a “slightly bearish” rethink on price action as old support levels give way overnight. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysts sounds alarm over open intere Data from Cointelegraph Markets Pro and TradingView showed a low of $55,640 on Bitstamp on Nov. 19. Capitalizing on its lowest levels in over a month, Bitcoin has failed to bounce significantly since — and now price forecasts are beginning to change with it. In his latest YouTube… Source link

Ethereum Ethereum slid by 6.80% on Thursday. Reversing a 1.89% gain from Wednesday, Ethereum ended the day at $3,997.93. A mixed start to the day saw Ethereum rise to an early morning intraday high $4,346.42 before hitting reverse. Falling short of the first major resistance level at $4,370, Ethereum tumbled to a late intraday low $3,960.00. The extended sell-off saw Ethereum fall through the first major support level at $4,138. Finding support at the second major support level at $3,988,… Source link

This included asynchronous smart contract platforms focused on future levels of composability between blockchains and blockchain shards, which he called “smart contracts 2.0.” Other interesting areas being tackled using Substrate were trusted execution using Intel SGX type of environments, and zero-knowledge proofs tech, both for shielding and privacy, as well as throughput efficiency via rollups. Source link

Ether’s (ETH) 330% year-to-date gain has been largely fueled by the growth of decentralized finance and the explosion of non-fungible tokens. Proof of this comes from OpenSea, the largest NFT marketplace, surpassing the impressive mark of $10 billion in accumulated trading volume. However, traders worry that the 15% correction that followed the $4,870 all-time high on Nov. 10 could indicate that a larger bearish movement is in place. The rupture of the 55-day ascending channel reinforces this… Source link

What happened Volatility in the crypto market has continued to take bearish form today. Leading cryptocurrencies Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Polygon (CRYPTO:MATIC) all saw significant drops in early trading today. As of 1:30 p.m. ET, Bitcoin and Ethereum both traded slightly more than 4% lower, with Polygon down around 8.5% over the past 24 hours. It appears much of this move is a continuation of what we’ve seen this week in… Source link

Text size Dan Kitwood/Getty Images Democrats and Republicans in Congress are staking out sharply divergent views on Source link

If they do plan to use it as an inflation hedge, talk them through cold storage and hosted wallets so that they understand where they plan to store their “gold.” And if they want to liquidate it periodically, have them consider the right frequency (annually, quarterly, monthly?), what the capital gains taxes may be and what they plan to do with the cash. Source link

PALM BEACH, Fla., Nov. 18, 2021 /PRNewswire/ — FinancialNewsMedia.com News Commentary – Litecoin was released in October 2011 by Charlie Lee, a former Google employee. It is a fork of Bitcoin, with the main difference being a smaller block generation time. The protocol also increased the maximum number of coins and implemented a different script-based algorithm. Litecoin is one of the leading cryptocurrencies and is one of the top 10 cryptocurrencies by market capitalization. According… Source link

The broader market cap after claiming a high of $3 trillion market cap has undergone a sharp correction. The top-tier cryptocurrencies such as BTC, ETH, and SOL price are down by 7.98%, 9.13%, and 12.69% over the past week. Litecoin, on the other hand, which has made its way to the limelight lately forfeits its price gains to the recent market crash.  Litecoin’s price oppressed the prevailing bearish rule during early Q4. The price of the altcoin initiated a gradual rise surging from… Source link