Ethereum is planning its next promotional stunt to attract more investors to it Ethereum became quite popular as one of the most popular cryptocurrencies, posing great competition to Bitcoin. At a time, when Bitcoin was the face and heart of the crypto market, Ethereum surged and became the second-largest cryptocurrency. When the world is busy adopting Bitcoin as its legal tender, Ethereum stands still being the second best, and probably soon to become the best. This increasing competition… Source link
Read More »Monthly Archives: April 2022
Business News | Stock and Share Market News | Finance News
Why Bitcoin (BTC) Is Trading Below Key Levels
Bitcoin and Ethereum traded below key psychological levels on Sunday evening as the global cryptocurrency market cap fell 1.1% to $1.82 trillion. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin BTC/USD -1.6% -1.8% $39,016.12 Ethereum ETH/USD -2.2%% -3.8% $2,879.18 Dogecoin DOGE/USD -5.05% -8.6% $0.13 Top 24-Hour Gainers (Data via CoinMarketCap)
Read More »A quarter of all the electricity in this county is powering Bitcoin mining – CNN
Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc.2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are… Source link
Read More »Litecoin: Stuck below a resistance, here’s what it needs to do to trigger a 10% jump
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. As foreseen in the previous article, the 13 April break from its reversal pattern led Litecoin (LTC) to test the $114-zone over the last week. Still constricted by the shackles of its 20 EMA (red), LTC dived to retest its two-month trendline support (green). A likely repetition of its historical tendencies would expose LTC to a reversal towards the $110-$112… Source link
Read More »Bitcoin’s Hashrate Surges Reaching a Lifetime High, Difficulty Expected to Jump Next Week – Mining Bitcoin News
Bitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second (EH/s) on Saturday, April 23 at block height 733,197. Currently, the computational power is coasting along at 233.81 EH/s with a network difficulty change expected three days from now on April 27. Bitcoin’s Hashrate Records an All-Time High, Hashpower Increased 55% Higher Since January The processing power that confirms transactions and secures the Bitcoin (BTC) network has reached an… Source link
Read More »How Bitcoin Protects Private Property Rights
We’re going to continue our conversation of Bitcoin’s role in humanitarianism, this time in the realm of private property rights. But before we talk about that, we need to understand why private property is so important. One of the biggest drivers of economic growth and higher standards of living is private property rights. This is the idea that you own the fruits of your labor as well as anything else you purchase with the fruits of your labor. To illustrate this, let’s say you are… Source link
Read More »Ethereum price is on the cusp of undoing the death cross
Ethereum price saw a fierce rally this week that made new highs against last week. ETH price sees technical indicator tilting higher, pointing to the end of the technical death cross. Expect to see a pop higher into next week, with ETH first hitting $3,391.52 before trying to punch above $3,687.17. Ethereum (ETH) price was in the danger zone after price traded below the 55-day Simple Moving Average (SMA) near $2,986.86. But bulls stepped in and used the area… Source link
Read More »Monero ‘falling wedge’ breakout positions XMR price for 75% rally
Monero (XMR) price dropped by nearly 10% three days after establishing a week-to-date high around $290 on April 24. Nonetheless, several technical indicators suggest that the XMR/USD pair is poised to resume its uptrend over the next few months. Falling wedge breakout underway Notably, XMR’s price broke out of its “falling wedge” structure in late March. It continued its move upside in the later daily sessions, with rising volumes indicating bullish sentiment among Monero traders. Traditional… Source link
Read More »Will It Explode Like Ethereum (ETH) and Monero (XMR)?
The new cryptocurrency, called Pac-man Frog (PAC), is a brand-new coin that will use the decentralized autonomous organization (DAO) Cryptocurrencies are all the rage lately, and for good reason! They allow people to make transactions without having to go through a third party. This can provide a lot of anonymity and security. However, not all currencies are created equal. Some, like Ethereum (ETH) and Monero (XMR), have seen massive price increases in recent months. But what about new… Source link
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