Monero fell through a bullish channel to test support after showing a bearish divergence, and it appeared feasible that the price would break beneath the support level as well. Crypto.com Coin invalidated a bullish pattern as it dived past a level of support. IOTA slid ever lower on the charts, in continuation of its trend in the past month. Monero [XMR] Source: XMR/USD on TradingView The cyan arrow highlights indecision in the market as price threatened to break beneath the channel. Bulls… Source link

Bitcoin is probably the most well-known crypto, but there are many others out there. Though Bitcoin was invented first, Litecoin and Ethereum came about fairly quickly. Litecoin was created to be better than Bitcoin. Though they are similar, there are some significant differences between the two. It’s essential to know what they are so that you can make an informed investment based on the facts. Bitcoin and Litecoin Compared You probably know that Bitcoin and… Source link

To the surprise of many, bitcoin (BTC) has been a breakout star in Ethereum’s decentralized finance (DeFi) moment. Taking the form of wrapped or tokenized bitcoin, the digital asset takes the best of both blockchains – bitcoin’s price value and brand along with Ethereum’s programmability – into one highly in-demand token.  Last week alone, the supply of BitGo’s wrapped bitcoins (WBTC) topped 76,000 after setting an all-time record of nearly 21,000 wrapped bitcoins minted within… Source link

The price of Bitcoin (BTC) brutally rejected the $11,100–$11,300 resistance range with a 6% drop. Following the steep pullback, analysts remain cautiously optimistic toward BTC and the rest of the cryptocurrency market. Analysts have generally attributed the short-term fall of Bitcoin to the uncertainty around the COVID-19 pandemic. On Sept. 21, the Dow Jones Industrial Average fell by over 800 points at the day’s lowest point. Bitcoin, gold and other risk-on assets fell in tandem,… Source link

In seeking to explain Monday’s sell-off across traditional markets and cryptocurrencies, the digital-asset firm QCP Capital rattled off a list of seven major market events that occurred in Septembers past, from the 1929 stock-market crash to the Lehman Brothers bankruptcy in 2008.  There might be some deep human connection with the fall equinox — when the days turn shorter than nights in the northern hemisphere and summer turns to fall, according to the firm. “The human nervous… Source link

Source: Nau2018 Shutterstock Within the last 24 hours, there was a sudden correction in the crypto market that affected Bitcoin as well as almost all other altcoins. The reasons are many and varied and range from the upcoming US presidential election to the still open CME gap at $9,600. In the last few hours, Bitcoin has plummeted from just under $10,950 to a brief $10,250, marking a correction of more than $700. At the time of writing, the Bitcoin price has stabilized at $10,460, a drop of… Source link

Disclaimer: The following article attempts to analyze the evolving patterns in the Litecoin short-term market and its impact on the price. Like the remaining market, the value of Litecoin [LTC] collapsed once again to early-July levels. The selling pressure emerged when LTC was trading at $47 and fell until $41.64. The coin is currently being traded at $43.92. Litecoin 30-min chart Source: LTC/USD on TradingView According to the above chart, Litecoin’s price had already begun trading lower,… Source link

Bitcoin (BTC) hitting its highest in over a year was different from the 2019 bull run because exchange balances fell, a new report says. Published on Sep. 21 and seen by Cointelegraph, Delphi Digital’s Bitcoin Outlook highlights unique trends in BTC price action. Report: Bitcoin hodlers now have “longer time horizons” According to the three researchers who compiled the report, Bitcoin reaching $12,500 last month had little in common with its run to $13,800 in 2019. This is because exchange… Source link

Markets are expected to be volatile this week, as a great number of bitcoin and ethereum options are set to expire this Friday. Data shows more than 87,000 bitcoin options will expire and 77% of the action is held on the Deribit exchange. U.S. stocks dropped hard on Monday, as the Dow Jones Industrial Average dropped more than 700 points during the stock market’s afternoon trading sessions. Meanwhile, bitcoin (BTC) took a hit on spot markets dropping over 4% in value. A number of other… Source link

Outlook for LTC-USD: September 19, 2020 Litecoin (LTC-USD) continues to bear its close correlation with Bitcoin (BTC-USD). The drop in BTC-USD from 12,000 to just above the 10,000 level was followed by a similar move in LTC-USD from $63 to below $48 in August/early September 2020. What is the price outlook for LTC-USD heading into the 4th quarter of 2020? Fundamental Analysis Litecoin is starting to lend its blockchain towards game development. Cipsoft, a German company, has announced plans… Source link