What happened Several of the largest cryptocurrencies have jumped higher today as investors digest monetary policy and also monitor the foreign exchange markets, which have been active lately. Over the last 24 hours, the price of the world’s largest cryptocurrency, Bitcoin (BTC -6.90%), has traded roughly 5% higher as of 10:27 a.m ET. The price of the world’s second-largest cryptocurrency, Ethereum (ETH -6.86%), traded roughly 4.1% higher, and the price of Solana (SOL -6.42%) was up 5%. So… Source link

A widely followed crypto strategist is plotting what’s in store for a handful of digital assets amid uncertain market conditions. Analyst Michaël van de Poppe tells his 628,100 Twitter followers that he believes smart contract platform Cardano (ADA) is in an accumulation phase as it continues to trade above his key support level. “The ultimate area to buy from is the region at $0.30-$0.375. However, will we see it front-ran and people are already stacking? In that case, [the]… Source link

Disclaimer: The CoinMarketCap cryptocurrency community price estimate is based only on the votes of its users. Estimates do not guarantee end-of-month prices. Bitcoin (BTC) reached its highest level in more than a week on Tuesday, September 27, when it surpassed $20,000. Despite this, the cryptocurrency still has trouble breaking out of its narrow trading range. As a result, several traders and investors are now focusing on the crypto’s next target price by October 31, given the… Source link

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Bitcoin (BTC) is seeing some of its oldest coins come back to life after a decade lying dormant. The latest on-chain data reveals that two-year BTC price lows have reawakened the most ancient part of the supply. “Very old” Bitcoin come back to life As BTC/USD returns to levels not seen since Q4 2020, questions are arising over how long-term holders will respond. The on-chain picture is mixed — the dormant supply is aging, but certain old hands are showing signs of wanting to sell at current… Source link

A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register Sept 27 (Reuters) – Spare a thought for the beleaguered bitcoin miner. In late 2021, miners were the toast of the town with a surefire path to profit: hook powerful computers up to cheap power, crack fiendishly complex maths puzzles and then sell newly minted coins on the booming market. A… Source link

Monero is a privacy-centric cryptocurrency that is popular as a global payment solution because many users think private transactions are an important human right. Indeed, it is a highly competitive industry, and many cryptocurrencies offer similar services, so it is tough to get a competitive advantage in the future. Moreover, government regulations might ban these cryptocurrencies because private transactions can be a threat to the world economy. That is why many experts think it is not… Source link

Alex Dovbnya Veteran trader John Bollinger believes that one of oldest altcoins is approaching “squeeze territory” Veteran trader John Bollinger has noted that Litecoin, one of the oldest cryptocurrencies, has been trading in a tight range for almost six months. Image by tradingview.com The “silver to Bitcoin’s gold” has now formed a squeeze on the weekly chart, according to Bollinger. Such periods of anemic price action are typically followed by periods of extreme volatility. A… Source link

Bitcoin continues to trade in a tight range of $18,000 to $25,000 mark, keeping investors on edge about where the price is going next. The crytpo market has been plagued with a number of issues from collapsed projects to bankruptcies. Nurphoto | Getty Images Bitcoin topped $20,000 on Tuesday, hitting its highest level in the more than a week, but is still struggling to break out of its tight trading range. The world’s largest cryptocurrency was more than 7% higher at $20,265.95 at around 3:30… Source link

The current Litecoin price analysis is showing a relatively greater level of bullish momentum as the LTC/USD pair has surged to break above the $54.80 level. The price is now trading very close to the $55.26 resistance area, which is likely to provide some significant selling pressure in the near term. The support for the crypto pair has been raised to the $52.22 level. The LTC/USD pair is currently trading in a strong uptrend as the coin has increased by over 3.89% in the past 24 hours…. Source link