bitcoin

Litecoin (LTC) Up $1 in Last 4 Hours, Entered Today Down 5.29%; in a Downtrend Over Past 14 Days

Litecoin 4 Hour Price Update Updated September 14, 2020 03:19 PM GMT (11:19 AM EST) Litecoin closed the last 4 hour candle up 2.07% ($1); this denotes the 3rd straight candle it has gone up. Litecoin outperformed all 5 assets in the Top Cryptos asset class since the last 4 hour candle. Litecoin Daily Price Recap Litecoin is down 5.29% ($2.69) since the day prior, marking a reversal from the day prior — and the end of a 4 day positive run. The price move occurred on volume that was up… Source link

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Bitcoin whale cluster at $10,570 is the most important level right now

According to Whalemap, an on-chain analysis firm that focuses on Bitcoin (BTC) whale activity, short-term clusters are present at $10,570. Whale clusters are shown at $10,570 and $11,288 for Bitcoin. Source: Whalemap Whale clusters form when whales accumulate Bitcoin and do not move the BTC. Areas that have large amounts of unspent BTC become an area of interest, typically a resistance level. Analysts at Whalemap explain: “Bubbles show locations where unspent bitcoins were accumulated. The… Source link

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Litecoin long-term Price Analysis: 12 September

Disclaimer: The findings of the following article attempt to analyze the emerging patterns in Litecoin’s long-term market and its impact on the price  The digital silver, Litecoin has been stuck under the $50-level for the past few days now, with its immediate resistance on the charts marked at $49.68. While the downward pressure in the market has been pushing the value of LTC lower, a change in the prevailing price trend could be seen for Litecoin, at the time of writing. Source: LTC/USD… Source link

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A DeFi bull run might take $400 Ethereum options traders by surprise

Ether (ETH) price gained 14% from its Sept. 6 low at $320, but this month’s futures and options expiry is less than two weeks away. As its price is still pinned below $400, this raises the question of exactly how confident are derivatives traders of a 9% recovery to $400? By analyzing options model pricing, investors can easily conclude that traders are pricing in the 34% odds of Ether reaching $400 or higher. Still, the Black & Scholes options model main issue is heavily dependent on the… Source link

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Ethereum can reach $500 for the first time since 2018 — Here’s how

As the price of Ethereum’s native digital currency, Ether (ETH), has had record-high transaction fees recently, the price of ETH has also shown an increased amount of volatility.  A new high was hit at $495 at the end of August, after which the price took the elevator down and dropped more than 30% to $308. This dropdown caused the overall cryptocurrency market to slide as well, as the price of Bitcoin tumbled to test $10,000. Let’s take a look at the technical chart to see where ETH… Source link

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Algorithm Battle Flares Between CipherTrace and Monero

LOS ANGELES, Sept. 4, 2020 /PRNewswire/ — Contradicting claims were exchanged this week between cryptocurrency analytics firm CipherTrace and the Monero community after a press release from the firm claimed the ability to trace the movement of the Monero cryptocurrency. The CipherTrace press release spawned counters from the Monero community, including videos, public statements, and memes. Many cryptocurrencies, including Bitcoin and Ethereum, use a transparent blockchain, where sending… Source link

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Once touted as an untraceable crypto, Monero is now exposed

Monero (XMR) was built on a platform boasting of complete, unequivocal privacy. Transactions could be seen, but it was impossible for addresses to be traced to their destinations and originators. That was going to be the cryptocurrency’s claim to fame, but it appears that the XMR blockchain, and its transactions, are nowhere near as private and anonymous as its founders expected. CipherTrace, the leading crypto intelligence firm, has apparently figured out how to identify transactions and… Source link

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Ethereum Is Eating Bitcoin

Ethereum, having long played second fiddle to the number one cryptocurrency, bitcoin, is stepping into the limelight. The ethereum price, climbing more than 10% over the last 24-hour trading period and adding to gains of all almost 300% so far this year, remains far behind the bitcoin price—but price isn’t everything with the number of bitcoin tokens “wrapped” into ethereum doubling in August. MORE FROM FORBESA Radical New Crypto Just Blew Past The Bitcoin Price All-Time High-Up A… Source link

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XMR/USD to retest $100.00 after the downside correction

Monero (XMR) moved towards the upper boundary of the current range. The downside correction may preceded another bullish wave. Monero (XMR) is the 16th largest digital asset with the current market capitalization of $1.7 billion. The average daily trading volume reached $128 million, which is the highest level since August 21. The coin has gained nearly 2% on a day-to-day basis to trade at $96.5 by press time.  XMR/USD: The technical picture  Monero (XMR) has… Source link

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