An Ethereum wallet that had been dormant for around three years has now become active and is transferring tokens. Over the past day, the whale moved approximately 145k ETH to different wallets. Per on-chain data, the tokens were mainly transferred in batches of 5000, 10000, 15000, and 20000. The wallet, as such, has its roots associated with the genesis ICO via which it obtained 150k ETH. In 2019, the wallet sent out 5000 tokens, and three years back indulged in two transactions involving… Source link

Bitcoin is gaining bullish momentum above $24,500 against the US Dollar. BTC could gain bullish momentum if it clears the $25,000 resistance zone. Bitcoin started a fresh increase above the $24,200 resistance zone. The price is now trading above the $24,000 level and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $24,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could gain bullish momentum if there is a… Source link

Skybridge Capital is “pretty optimistic” about bitcoin and ethereum over the next 12 to 24 months. The global asset management firm’s founder explained that the world’s largest cryptocurrency could reach $300K in six years, urging investors to “just relax” and “stay long-term.” Skybridge Optimistic About Bitcoin and Ethereum Anthony Scaramucci, founder and managing partner at global asset management firm Skybridge Capital, shared his firm’s outlook for bitcoin and… Source link

“BTC’s resilience above $20,000 did see bulls pushing for more upside, especially after a successful retest of that range,” Joe DiPasquale, CEO of crypto fund manager BitBull Capital, wrote CoinDesk. “However, we are yet to witness the breakout above $25,000, which could see BTC moving quickly toward the $29,000-$30,000 range.” Source link

Bitcoin [BTC] is feeling the heat of the rebound again after narrowly breaching its $25k resistance level over the last 24 hours. At the time of writing, the crypto was trading at $24,750 on the back of a 0.75% daily hike. In fact, it also looked set to end the week on a positive note with weekly gains of over 7.75%. A new dawn? The cryptocurrency has been reflecting on the bullish activity in recent days, something that has intrigued investors of late. There are now serious… Source link

Bitcoin (BTC) spiked through $25,000 for the first time in months on Aug. 14, but traders refused to take any chances on a bull run. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Weekend produces brief $25,000 tap for BTC Data from Cointelegraph Markets Pro and TradingView tracked a sudden run-up on BTC/USD, which hit $25,050 on Bitstamp in a $350 hourly candle. The move took the pair to a new personal best since June 13, erasing more of the losses seen that day in what remains a… Source link

The upcoming bull market has everyone talking about Bitcoin and other altcoins and investing while the market is down enticing for many people.  However, not every coin will make it out of this bear market. Many promising coins can make it to the bull run and Revolutux (RVLT) might be your best opportunity. Revolutux (RVLT) Is a Safe Bet During a Bear Market Because of its Pre-Sale Prices On the BNB Smart Chain, Revolutux is a decentralized cryptocurrency that functions as a deflationary… Source link

It has been quite an interesting week for Ethereum’s community as it prepares for a major upgrade. In fact, its impact has started spilling over into Ethereum layer 2 solutions such as Polygon now. The latter’s native cryptocurrency, MATIC, concluded the week on the back of a significant upside on the charts. MATIC’s bulls noted an 8.5% uptick in the last 24 hours, allowing it to overcome resistance at the $0.94-price level. The altcoin’s price has been hovering within… Source link

This is an opinion editorial by Captain Sidd, a finance writer and explorer of Bitcoin culture. I’ve spent most of the last three years living in the mountainous region of Northern Thailand. Nestled in the hills all around the valleys live “hill tribes” with names like the Akha, Hmong and Lahu. Each has their own traditional dress, unique language and local foods. To many of us living in the valley cities — especially foreigners like myself from far-flung places — these hill tribes… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin [LTC]’s recent buying resurgence resonated with the market-wide recovery while the price approached a critical juncture on the chart. In the meantime, the revival above the 20/50 EMA provoked a bullish crossover on these EMAs. A potential close above the $64.5-ceiling could heighten the chances of an extended upside in the coming… Source link