Litecoin price at the monthly chart is trading above its all vital moving averages of 20, 50, 100, and 200-day. The crypto asset is currently trying to sustain above its vital moving averages, with the lower volume activity. The pair of LTC/BTC is trading at 0.003188 BTC with a minor intraday gain of +0.77%, and the ratio of LTC/ETH is CMP at 0.04507 ETH with a 24-hour change of -0.34% Litecoin price at the monthly chart is trading just above its vital moving averages of 20, 50,… Source link
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Bitcoin higher Monday morning after October rally in cryptocurrency market
Check out what’s clicking on FoxBusiness.com. Bitcoin was trading 2.4% higher Monday morning. The price was around $62,130 per coin, while rivals Ethereum and Dogecoin were trading around $4,335 (+1.71%) 27.4 cents (3.95%) per coin, respectively, according to CoinDesk. BITCOIN’S ETF OPENS THE FLOODGATES FOR MORE The October rally by bitcoin appears to have stabilized the cryptocurrency ahead of central bank meetings in the U.S., U.K. and Australia to assess the effectiveness of… Source link
Read More »Bitcoin and Ethereum – Weekly Technical Analysis – November 1st, 2021
Bitcoin Bitcoin, BTC to USD, rose by 0.82% in the week ending 31st October. Reversing a 1.07% decline from the week prior, Bitcoin ended the week at $61,330.0. A bullish start to the week saw Bitcoin rise to a Monday intraweek high $63,666.0 before hitting reverse. Falling well short of the first major resistance level at $65,285, Bitcoin slid to a Thursday intraweek low $57,606.0. Bitcoin fell through the first major support level at $58,082, before revisiting $62,900 levels. A bearish weekend,… Source link
Read More »What Is XMR? How to Buy Monero? How to Convert to Any
Cryptocurrencies are positioned as a completely decentralized and anonymous alternative to fiat currencies. In fact, this is not entirely true. Most existing cryptocurrencies have a transparent blockchain. That is, any record on the blockchain remains in the public domain. This means that the identity of any user can be disclosed. The only completely confidential cryptocurrency is XMR. What Is XMR? XMR uses the CryptoNote protocol, which is based on ring… Source link
Read More »Ethereum Loses Momentum, Why Bulls Could Aim Break Above $4,500
Ethereum failed to test $4,500 and corrected lower against the US Dollar. ETH is trading above $4,150 and it might attempt a fresh increase in the near term. Ethereum started a downside correction below the $4,320 and $4,250 levels. The price is now trading below $4,300 and the 100 hourly simple moving average. There is a key declining channel forming with resistance near $4,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 1st, 2021
Ethereum Ethereum fell by 0.82% on Sunday. Following a 2.18% decline on Saturday, Ethereum ended the week up by 5.08% to $4,290.16. A bullish start to the day saw Ethereum rise to an early morning intraday high $4,395.99 before hitting reverse. Falling short of the first major resistance level at $4,428, Ethereum slid to a mid-day intraday low $4,168.10. Ethereum fell through the first major support level at $4,229 before briefly revisiting $4,300 levels. A late pullback, however, saw Ethereum… Source link
Read More »Litecoin price to hit $300 if LTC bulls can overcome this hurdle
Litecoin price consolidates below a crucial demand zone, extending from $210 to $232. A decisive close above this barrier will propel LTC to $300. On-chain metrics reveal massive headwinds for the altcoin. Litecoin price is in a tough spot as technicals hint at a bullish outlook if the altcoin can manage to close above one particular hurdle. However, on-chain metrics indicate that an ascent would be an uphill battle. Therefore, investors need to be careful with… Source link
Read More »Bitcoin surge spurs City to recruit crypto natives
Establishments survive by assimilating useful upstarts and excluding dangerous ones. This is the theme of Victorian novels where self-made entrepreneurs became MPs and American heiresses married dukes. It is also a trend in financial services. The value of unregulated cryptocurrencies has soared to an estimated $2.8tn. Regulated banks, fund managers and consultants are establishing or expanding fledgling digital asset operations. The City of London and Wall Street are wrestling with the… Source link
Read More »Bitcoin price descending channel and loss of momentum could turn $60K to resistance
Bitcoin (BTC) appears to lack the strength to retest the $67,000 all-time high that it reached on Oct. 20 and this is causing investors to question whether or not the bullish moment has faded. Even with the price facing these hurdles, it’s still premature to call the $58,000 support level test the beginning of a descending channel. Bitcoin price in USD at Coinbase. Source: TradingView Among the factors limiting the rally is the regulatory uncertainty in the United States. Anne Termine, a… Source link
Read More »Ethereum Network Burned Over $2.4 Billion Worth of ETH in 87 Days – Technology Bitcoin News
87 days ago, the Ethereum network successfully implemented the London hard fork upgrade, and ever since then over 700,000 ether has been burned, or more than $2.4 billion using today’s exchange rates. 702,886 Ethereum Burned Since the London Hard Fork Data from Dune Analytics indicates that on October 31, 2021, otherwise known as Halloween, 702,886 ethereum (ETH) has been burned. The burning of ethereum started on August 5, 2021, when the Ethereum network successfully implemented… Source link
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