“We haven’t even seen an episode of FOMO (fear of missing out) yet, so the sharpest bull-run part of the rally is yet to come,” Alex Kuptsikevich, an analyst at FxPro, wrote in an email to CoinDesk. “Despite BTC’s very sluggish performance in recent days, what still draws attention is the apparent support on dips,” Kuptsikevich wrote. Source link

The Litecoin (LCT/USD) price was in a relatively tight range on Wednesday as investors waited for the Federal Reserve interest rate decision. The coin was trading at $200, where it has been in the past few days. This brings its market valuation to about $13 billion, making it the 17th biggest cryptocurrency in the world. Federal Reserve decision Litecoin is a second-generation cryptocurrency that was started to provide a better alternative to Bitcoin. It is a… Source link

click to enlarge In recent years, the popularity of Bitcoin and cryptocurrency has taken over the world. This immensely… Source link

The cryptocurrency market turned quite bullish in October, as Bitcoin pushed to new highs above $65,000, pulling the whole market up. In the last week, we saw a retreat and a consolidation before the next bullish move higher and it seems like the bullish move has already started this week. The cryptocurrencies which were bullish before such as Ethereum have turned even more bullish making new highs, while the ones that were showing weakness like Litecoin have started to make some decent… Source link

Bitcoin (BTC) fell to 24-hour lows before Wall Street’s open on Nov. 3 as a previous bull run halted at $64,000.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price inches back toward $62,000 Data from Cointelegraph Markets Pro and TradingView confirmed the return of uninspiring sideways price action after Tuesday’s volatility. As Cointelegraph reported, BTC/USD rose almost $4,000 before topping out, with momentum then fading away to produce lows of $62,400 at the time… Source link

Bitcoin traded at around $63,160 on Wednesday. Rafael Henrique/SOPA Images/LightRocket via Getty Images JPMorgan has renewed its $146,000 long-term price target for bitcoin, which first made waves in January. The bank says bitcoin is increasingly looking like a digital alternative to gold in the eyes of investors. It said cryptos are “are an emerging asset class and thus on a multi-year structural uptrend.” JPMorgan recently published a deep dive into digital assets and… Source link

Rising costs on Ethereum, the world’s largest smart-contract blockchain, appear to be driving investors to coins associated with layer 2 products facilitating faster and cheaper transactions and rival programmable blockchains. The average fee on Ethereum, known as gas, has risen by a staggering 2,300% since late June. It has more than doubled to $56 in the past two weeks alone, according to data provided by the blockchain analytics firm Glassnode, and the seven-day moving average of the… Source link

Cryptocurrency prices are surging yet again, and Ethereum (CRYPTO:ETH) recently reached an all-time high of around $4,500 per token. This record is the latest in a string of recent highs over the past few days, as Ethereum continues its upward trajectory. The latest price increase comes just days after the successful Altair upgrade to Ethereum’s network, which brings it a step closer to the much-anticipated Ethereum 2.0 release. While there are no… Source link

‘Coin Stories’ podcast host Natalie Brunell breaks down the short-term downtrend on ‘Making Money.’ Bitcoin was trading 2% higher Wednesday morning. The price was around $62,800 per coin, while rivals Ether, the world’s second-largest cryptocurrency, hit an all time high rising to as high as $4,643, breaching the previous day’s $4,600 and taking the week’s gains to more than 10%, according to Reuters. Dogecoin was trading around 27 cents per coin, according to Coindesk. GET FOX… Source link

Ethereum Ethereum rallied by 6.29% on Tuesday. Following a 0.76% gain on Monday, Ethereum ended the day at $4,595.01. A bearish start to the day saw Ethereum fall to an early morning intraday low $4,287.32 before making a move. Steering clear of the first major support level at $4,188, Ethereum rallied to a final hour intraday high and ATH $4,604.99. Ethereum broke through the first major resistance level at $4,422 and the second major resistance level at $4,521 to end the day at $4,595… Source link