Yearly Archives: 2021

Bitcoin set for record monthly close with BTC price still below ‘worst case scenario’

Bitcoin set for record monthly close with BTC price still below ‘worst case scenario’

Bitcoin (BTC) delivered fresh retests of $60,000 support on Oct. 31 with a matter of hours left until the crucial monthly close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Record monthly close hangs by a thread Data from Cointelegraph Markets Pro and TradingView showed lackluster price action on Sunday, with BTC/USD below the “worst case scenario” for its October close. Analysts were eagerly awaiting to see if the end of the month could provide a turnaround and prove the worst… Source link

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Bitcoin white paper turns 13 years old: The journey so far

The 13th birthday of the Bitcoin (BTC) white paper has crept up just as the world continues to deal with a global pandemic, inflation fears, an astounding memecoin mania trend and growing institutional adoption of the cryptocurrency space. On October 31, 2008, Satoshi Nakamoto released the Bitcoin white paper to a cryptography mailing list hosted by Metzdow. The Metzdow mailing list was run by a group of cypherpunks and was filled with ideas meant to create a form of digital currency: some… Source link

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Satoshi Nakamoto’s Bitcoin white paper is now a 13-year-old teenager

Satoshi Nakamoto’s Bitcoin white paper is now a 13-year-old teenager

The iconic Bitcoin (BTC) white paper celebrates thirteen years of financial disruption after being first published on Oct. 31, 2008, by an anonymous person or entity named Satoshi Nakamoto. The white paper, titled Bitcoin: A Peer-to-Peer Electronic Cash System, foresaw the need for a peer-to-peer online payment system that is self-governing, secure and limited in quantity. The Bitcoin network was launched on Jan. 3, 2009, with each Bitcoin priced at $0.0008. While Bitcoin was initially… Source link

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Ethereum price readies for lift-off towards $4900 amid bull flag breakout

ETH price is breaking higher once again, eyes fresh lifetime highs. A bull flag confirmation on the 4H chart calls for a fresh rally. RSI points south while above 50.00, keeping the upside intact. Ethereum, the no.2 widely traded cryptocurrency, is picking up fresh bids above $4300, reversing a temporary reversal seen on Saturday. ETH price saw a brief correction from all-time highs of $4462 a day before, although the bulls are back in the game amid the ongoing… Source link

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While Ethereum Prices Skyrocket, Ether Gas Fees Surge Fueling Costly Transfers – Bitcoin News

While Ethereum Prices Skyrocket, Ether Gas Fees Surge Fueling Costly Transfers – Bitcoin News

On October 29, 2021, the second-largest crypto asset in terms of market valuation, ethereum, reached an all-time price high at $4,467 per unit. Meanwhile, after the Ethereum network’s Altair upgrade went live, ether gas fees have skyrocketed significantly. As Ethereum Tests New Price Highs, the Average Ether Transfer Fees Onchain Skyrocket The two leading crypto assets by market valuation have had issues with high transfer fees for many years now but this month, Ethereum’s… Source link

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Monero Price Analysis: XMR Coin Displays A Double top Pattern In The Daily Time Frame Chart – Cryptocurrency News – The Market Periodical

Monero Price Analysis: XMR Coin Displays A Double top Pattern In The Daily Time Frame Chart – Cryptocurrency News – The Market Periodical

The XMR coin price reclaims the 50-day EMA The XMR/BTC pair was trading at 0.00004334 BTC with a gain of 1.17 % The 24-hour trading volume in the XMR coin is $195.7 Million, indicating a 21.03% The October month has been a range bound trend for the XMR traders. The coin price entered this month, with the price sustaining above the $250 resistance. Later the coin price tried to rally ahead but rejected the strong resistance at the $290 mark. After which, the coin plunged back to the $250… Source link

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BTC price ‘ready to rally’ with Bitcoin bulls clear to charge at $85K — analysis

Bitcoin (BTC) is “ready to rally” again as BTC price action flips bullish on crucial timeframes, trading platform Decentrader says. In its latest market update on Oct. 29, the firm predicted incoming fresh upside for Bitcoin, which has languished below old all-time highs this week. $150,000 end-of-year potential Despite sideways moves in BTC/USD keeping markets guessing, the odds are still on for gains to enter in the short term, analysts believe. While the area around this year’s two… Source link

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Cathie Wood’s $500K Bitcoin call is already happening — how to ride the wave to half a million

Cathie Wood’s 0K Bitcoin call is already happening — how to ride the wave to half a million

Cathie Wood’s $500K Bitcoin call is already happening — how to ride the wave to half a million Cathie Wood isn’t afraid to make bold predictions. Back in early 2018, the owner of Ark Invest said Tesla shares would go from $300 to $4,000 within five years — a potential upside of around 1,200%. Yet Tesla hit the target early. This January, Tesla shares surged past the $800 mark, or $4,000 on a split-adjusted basis. Pretty astounding, but Tesla may not be Wood’s most bullish call at the… Source link

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Litecoin Token Will Suppress $250 Mark By the End of 2021? – Cryptocurrency News – The Market Periodical

Litecoin Token Will Suppress 0 Mark By the End of 2021? – Cryptocurrency News – The Market Periodical

Litecoin token 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 all vital moving averages, with the average volume activity.  The pair of LTC/BTC is trading at 0.00314 BTC with an intraday loss of -0.96%, and the ratio of LTC/ETH is CMP at 0.04463 ETH with a 24-hour change of +0.33%  Litecoin token at the monthly chart is trading just above its vital moving averages of 20, 50,… Source link

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Next-generation Cryptocurrency Bitcoin Latinum (LTNM) Continues Expansion Strategy with Eigth Listing on Hotbit Exchange

Demand for Bitcoin Latinum showcases a strong appetite for new digital currencies worldwide PALO ALTO, Calif., Oct. 30, 2021 (GLOBE NEWSWIRE) — Bitcoin Latinum (LTNM), the next generation insured asset-backed cryptocurrency, continues its aggressive expansion strategy and will be listed on Hotbit, a premier global digital asset trading platform, at the middle of Nov 2021. LTNM will be available for trading with BTC and USDT pairs, and demonstrates the growing appetite for additional digital… Source link

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