Litecoin price attempts to outperform Bitcoin and Ethereum. A rally of over 100% is likely if Litecoin can crack above some key resistance levels ahead. Litecoin is on target to make its own, new all-time highs if conditions are favorable. Litecoin price ended its Wednesday trading session with an impressive 10% gain. Wednesday was the most significant percentage gain since September 3rd. However, unlike Bitcoin and Ethereum, Litecoin still has not made new… Source link

Ethereum is generally maintaining its bullish trend and should the current accumulation be sustained, the digital currency is billed to test more ambitious price levels in the coming weeks. Ethereum (ETH), the world’s second-largest digital currency by market capitalization has extended its lead amongst altcoins as it inked a new All-Time High (ATH) of $4,366.09 today. While Ethereum has joined the uptrend since the beginning of the month, it has largely met with a lot of resistance in its… Source link

After bitcoin reached its all-time high (ATH) on Wednesday, the second-largest crypto asset in terms of market capitalization, ethereum, is nearing its own ATH. The last time the crypto asset hit an ATH was five months ago on May 12. Ethereum Climbs 46% in 30 Days, Commands Half Trillion Market Cap The digital currency ethereum (ETH) came awfully close to surpassing its all-time high this week, reaching $4,379 per unit on the exchange Deribit. That’s only 0.1141% away from the ATH… Source link

Chinnapong | iStock Editorial | Getty Images The price of bitcoin is surging but JPMorgan said the successful launch of the first U.S. bitcoin futures exchange-traded fund is not fueling the rally. Source link

Img source: cryptomode.com Released in 2014, Monero (XMR) is a decentralized cryptocurrency that’s designed to address the privacy issues of Bitcoin (BTC), and as such, it offers users improved anonymity and fungibility. Aside from its top-notch privacy features, the cryptocurrency has proven itself to be a worthwhile investment. In particular, between January 2017 and 2018, the coin’s value increased from USD 13 to USD 329, providing investors with a return of around 2,530%. Finally,… Source link

The XMR coin price breaks above the EMA-55 during intraday. The 24-hour trading volume is at $248 million. XMR/BTC pair is trading positive by 1.8% at 0.00405551 BTC. On the daily price chart of XMR coin, Moving Average Exponential (EMA), consisting of 8,13,21,55-EMA, Acts as reliable support in the coin price movement. Investors may observe the price crosses above the yellow line, so until the price resides above all the EMA’s, it will assure an uptrend in Monero. Trading volume… Source link

Bitcoin exploded to a new all-time high Wednesday just one day after the first-ever bitcoin-linked exchange traded fund (ETF) started trading on the New York Stock Exchange. The ProShares Bitcoin Strategy ETF (BITO) saw more than $550 million dollars pour into the new futures-linked product in its debut trading day. That enthusiasm, in part, helped push bitcoin’s price (BTC) to a new all-time high north of $65,000 Wednesday morning. Now, one analyst at Fundstrat Global Advisors says that… Source link

The rise of cryptocurrency has been one of the most exciting movements in the investing world this year. Several cryptocurrencies have seen explosive growth, but it can be difficult to determine which ones are strong investments. Cryptocurrency, in general, is still highly speculative. Nobody can say for certain whether it will still exist in a few decades, and the technology itself is still in its infancy. For that reason, crypto is a risky… Source link

Ethereum large wallet investors accumulated 13.9% more tokens as ETH approaches a new all-time high. ETH contract holdings hit a record high with $11.82 billion, according to Bybt. Purpose Ether ETF increased Ethereum holdings by 18% to 76,000 ETH. ETH has offered the highest risk-adjusted returns in the past 24 hours, dominating Ethereum-killers SOL, ADA and DOT. The Ethereum “triple halving” narrative is looming, predicting a massive rally in ETH price as… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, October 21, 2021 Bitcoin to $100K+? Don’t rule it out Bitcoin (BTC-USD) “hodlers” are looking awfully prescient these days. A rough summer swoon followed by a whipsaw start to the fall is now starting to give way to the cryptocurrency’s moment in the sun. With the introduction of a new exchange-traded fund this week and more lining… Source link