You can have your cake and eat it in the cryptocurrency world. What I mean by that is that you can buy cryptocurrency and hold onto it — but you don’t have to wait until you sell to lock in rewards. Instead, there’s a way to generate passive income. It’s called staking. And as of just recently, you can stake your holdings of crypto giant Ethereum (CRYPTO:ETH). So, should you give it a try? Let’s take a closer look at exactly what happens — and if… Source link

KPMG Canada has joined a growing list of major corporations to create exposure to exposure to crypto through Bitcoin and Ethereum. KPMG Canada has announced the addition of Bitcoin (BTC) and Ethereum (ETH) to its corporate treasury. According to Benjie Thomas, a managing partner for the firm, KPMG’s decision to incorporate BTC and ETH to its balance sheet means that the multinational sees digital currencies as a “maturing asset class.” Furthermore, by converting a portion of its fiat… Source link

The virtual currency briefly breached the $45,000 milestone for the first time in roughly a month overnight, according to CoinMarketCap. It later dipped back below that mark, and was last trading around $44,800 per coin. It’s not clear what caused the latest surge, but the cryptocurrency’s price has been improving in recent days. It finally cleared $40,000 again last Friday after weeks of losses. Still, the coin is down more than 34% from its all-time high — on November 10 — of… Source link

Bitcoin (BTC) hit new multi-week highs above $45,000 on Feb. 8 as the largest cryptocurrency’s comeback continued. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $40,000 becomes popular retest target Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $45,500 on Bitstamp in its latest surge before consolidating. Volatility was once again in evidence as the pair fluctuated by $1,000 on intra-hour timeframes, circling $44,800 at the time of writing. Fears of… Source link

Key Support levels: $3,000, $2,805  Key Resistance levels: $3,400, $3,750 ETH’s price action has been somewhat reserved once it reached $3,000 without a strong conviction to move higher. However, despite the hesitation from buyers, the cryptocurrency continued to go higher reaching $3,235 today on Bitstamp. The $3,000 level turned into support, and the next key resistance is found at $3,400. Chart by TradingView Technical Indicators Trading Volume: While the price went up,… Source link

Litecoin price has seen an impressive run-up over the past four days, pushing it from $106 to $142. This uptrend can continue if LTC can flip the $137 to $142 supply zone into a demand barrier.  A breakdown of the 50-day SMA at $133 could trigger a crash to $128 or lower. Litecoin price has witnessed a massive rally over the past week as the crypto markets flip bullish. This sudden optimism is due to the recent uptick in buying pressure seen among BTC holders…. Source link

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for Monday, February 7, 2022! Welcome back to the working week, team. Here’s hoping you got some sleep over the weekend because we’re still in a busy tech cycle. That means lots of news from technology companies big and small. But before we dive into the news, TechCrunch Live kicks off Wednesday with Heartbeat Health and… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin’s (LTC) previous rally saw remarkable gains that halted at the $280-mark. This level was near the 61.8% Fibonacci resistance. Since then, LTC has withdrawn inside a falling wedge (yellow) on its daily chart for the last 12 weeks. Now, the falling wedge breakout candle needed a compelling close above its trendline resistance (white) or 50 SMA to… Source link

The cryptocurrency market is moving forward this Monday and this situation also supports the price of Ripple (XRP / USD), Dogecoin (DOGE / USD) and Litecoin (LTC / USD). Bitcoin is trading above the $ 44,000 level and, for now, everything indicates that the price could rise above the $ 45,000 resistance again. Joe DiPasquale, chief executive of BitBull Capital, which manages crypto hedge funds, said: Are you looking for timely news, tips and market analysis? … Source link

What happened Today’s been a wild ride in the crypto world, with the entire crypto market surging 6.2% over the past 24 hours, as of 3:45 p.m. ET. Over this same time frame, top cryptocurrency Bitcoin (CRYPTO:BTC) surged 5.8%, driving most of the market’s gains today. However, other Bitcoin-related companies saw surges that, in some cases, exceeded Bitcoin’s gain today. From yesterday’s close, Bit Digital (NASDAQ:BTBT) and Riot Blockchain (