Monthly Archives: February 2022

Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound

Ethereum’s native token Ether (ETH) looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support level on Feb. 5. Ethereum price back above key trendline ETH price rising above its 50-week exponential moving average (50-week EMA; the red wave in the chart below) means the price also inched above $3,000, a psychological support level that may serve as the ground for Ether’s next leg up. ETH/USD weekly price chart. Source: TradingView The 50-week EMA was… Source link

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Solana Launch Pay While Bitgert Planning For Paybrise, Also Cardano, Litecoin, Centcex, Matic, Avalanche Became Bullish

Solana Launch Pay While Bitgert Planning For Paybrise, Also Cardano, Litecoin, Centcex, Matic, Avalanche Became Bullish by Analytics Insight February 5, 2022 There are various crypto projects like Bitgert and Centcex. Here is more about the tip best crypto projects of 2022. The first week of February has been very productive for the crypto industry. The market has been bullish for the last three days of the week, which has seen most cryptocurrencies bully their way up the price charts. It… Source link

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Japanese Police Deletes its Warning about Crypto Mining after Losing Monero Case

Source: Adobe/milkovasa   The long-running Monero (XMR) mining saga that pitted Japanese web developers against the police over the matter of crypto mining software may have come to a close last month, but the police force appears to have added an intriguing coda – by removing its public warning about the dangers of crypto mining widgets. As reported in January, the case dates back to 2017 and involved a Yokohama-based music site… Source link

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Litecoin Climbs 10% In Rally By Investing.com

© Reuters Litecoin Climbs 10% In Rally Investing.com – was trading at $120.800 by 19:42 (00:42 GMT) on the Investing.com Index on Saturday, up 10.12% on the day. It was the largest one-day percentage gain since November 9, 2021. The move upwards pushed Litecoin’s market cap up to $8.353B, or 0.44% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $119.600 to $121.300 in the previous twenty-four hours. Over the… Source link

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Why Bitcoin Mining Stocks Soared on Friday

What happened The price of Bitcoin (CRYPTO:BTC) was suddenly surging Friday. As of 3:30 p.m. ET, Bitcoin was trading at around $40,600, having jumped 11% over the previous 24 hours. That pulled a host of Bitcoin mining stocks higher as well. For example, Bitfarms (NASDAQ:BITF), Riot Blockchain (NASDAQ:RIOT), Hut 8 Mining (NASDAQ:HUT), and Bit Digital (NASDAQ:BTBT) were up 14%, 13%, 14%, and 20%, respectively, as of this writing. But those gains were… Source link

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Why Bitcoin, Ethereum, and Solana Absolutely Skyrocketed Today

What happened Mega-cap cryptocurrencies Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Solana (CRYPTO:SOL) each skyrocketed higher in early afternoon trading today. As of 1:30 p.m. ET, these three top tokens appreciated 9.8%, 12.8%, and 11.6%, respectively, over the past 24 hours.  All three initially dipped this morning following a bullish jobs report. However, since then, the crypto market has followed equities higher in early afternoon… Source link

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Bitcoin Attempts to Break Downtrend; Faces Resistance Toward $45K – CoinDesk

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

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Bitcoin is a 100 year investment: Microstrategy CEO

Feeling down that bitcoin prices are well off their all-time highs? Don’t be, says bitcoin bull and MicroStrategy CEO Michael Saylor. “My time horizon is a decade or more,” Saylor said on Yahoo Finance Live. And Saylor is putting his money where his mouth is on bitcoin. MicroStrategy disclosed this week it purchased 660 bitcoin for about $25 million between Dec. 30, 2021 and Jan. 31, 2022. The average price per coin tallied $37,865. The company now holds 125,051 bitcoins valued at about $4.8… Source link

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Bitcoin jumps 10%, climbs past $40,000 for first time in 2 weeks | Crypto News

The world’s largest cryptocurrency climbed by the most in more than three months. By Vildana Hajric and Akayla GardnerBloomberg Published On 4 Feb 20224 Feb 2022 Bitcoin gained the most in more than three months as investors show signs of renewed risk appetite following a volatile week across financial markets. The largest cryptocurrency by market value jumped as much as 9.4% to $40,426, the most since Oct. 15. It hasn’t been above $40,000 in more than two weeks. Ether climbed as much as… Source link

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