© 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
Read More »Yearly Archives: 2022
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
Read More »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
Read More »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
Read More »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
Read More »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
Read More »Bitcoin returns to $40K, liquidating over $50M of shorts in hours
Bitcoin (BTC) returned to $40,000 for the first time in two weeks during Feb. 4 as Wall Street volatility proved a boon for BTC bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Liquidations mount for BTC shorts Data from Cointelegraph Markets Pro and TradingView showed BTC/USD suddenly jumping past the $40,000 on Feb. 4, just two hours after the Wall Street open produced rapid gains. At the time of writing, the pair was up $3,000 in two hours — an unexpectedly strong… Source link
Read More »Bitcoin Tops $40K for First Time in 2 Weeks – 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
Read More »Bitcoin surges toward $39K as stocks volatility keeps Wall Street on edge
Bitcoin (BTC) kept investors guessing with tech stocks as Wall Street opened on Feb. 4, circling $38,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks continue volatility Data from Cointelegraph Markets Pro and TradingView followed a ranging overnight period for BTC/USD, bulls hoping for clearer validation of recent gains. After 15% daily gains the day before, Amazon (AMZN) continued its uptrend on Feb. 4, jumping 10% at the open, while embattled Meta (FB) dipped… Source link
Read More »Monero (XMR) Receives a Very Bullish Rating Friday: Is it Time to Get on Board? – InvestorsObserver
Monero (XMR) gets a very bullish rating from InvestorsObserver Friday. The Digital Money asset is up 11.12% to $157.88 while the broader crypto market is up 3.85%. Monero has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Very Bullish Over the last five days, Monero has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Monero… Source link
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