bitcoin

Does it Score Poorly on Long-Term Trading Metrics Wednesday?

Litecoin receives a strong long-term technical score of 80 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. LTC currently holds a superior long-term technical analysis… Source link

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Ethereum Creator Vitalik Buterin Describes Its Alternative Future

Ethereum Creator Vitalik Buterin Describes Its Alternative Future

Arman Shirinyan Ethereum could have been something completely different, here’s how and why Contents Simpler proof-of-stake version Fewer features in the EVM The creator of the second-biggest cryptocurrency on the market, Vitalik Buterin, recently released an article describing how Ether could choose another development vector and become something different from what we know today. Simpler proof-of-stake version Ethereum network is currently on the verge of becoming a completely… Source link

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Altseason to begin in full force

Bitcoin price has cleared crucial levels, suggesting a consolidation phase to begin again. Ethereum price plans to revisit the $4,000 psychological level. Ripple price marches slowly but surely to $1 to collect the buy-stop liquidity resting above it. Bitcoin price action for the last two weeks has caused it to flip some crucial hurdles. This move is likely to translate into another phase of consolidation, allowing Ethereum, Ripple and other altcoins to explode.

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Opera integrates Bitcoin, Solana, Polygon and five other blockchains

Opera, one of the major crypto-friendly internet browsers, announced the integration of eight blockchains in a continued effort to introduce Web3 to more than 380 million mobile and desktop users worldwide. In Jan. 2022, Opera launched the Crypto Browser project, a Web3-focused initiative for facilitating navigation across decentralized applications (DApp), games and metaverse platforms. As part of this initiative, the browser company added support for eight major blockchain ecosystems,… Source link

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El Salvador courts crypto ‘whales’ as traditional investors shun bitcoin bond

El Salvador’s $1bn bitcoin-backed bond could tap deep wells of capital among cryptocurrency enthusiasts after many big international investors have shunned the project. Demand from bitcoin “whales” — investors holding large quantities of the world’s biggest cryptocurrency — is likely to be crucial to fundraising for the bond, according to people involved with the effort. Paolo Ardoino, chief technology officer at Bitfinex — which is set to provide the tech platform for the deal… Source link

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Nasdaq-Listed Microstrategy Obtains $205 Million Bitcoin-Backed Loan to Buy More BTC – Finance Bitcoin News

Nasdaq-Listed Microstrategy Obtains 5 Million Bitcoin-Backed Loan to Buy More BTC – Finance Bitcoin News

Nasdaq-listed Microstrategy has obtained a $205 million bitcoin-collateralized loan from Silvergate Bank through a subsidiary to buy more bitcoin. “The interest-only term loan is secured by certain bitcoin held in Macrostrategy’s collateral account.” Company to Use $205M Bitcoin-Backed Loan to Purchase Bitcoin The Nasdaq-listed pro-bitcoin software company Microstrategy announced Tuesday that one of its subsidiaries has obtained a bitcoin-backed loan to purchase additional Source link

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Ethereum “Diamond Hands” Filled Their Bigs Through The Dip

Ethereum holders have been filling up their bags while the broader market had panicked through the dip it seems. The digital asset which had suffered from crashes and dips that had hit the market had seen its value fall as low as $2,500. However, these ‘diamond hands’ holders had remained unfazed given that data showed that they continued to accumulate ETH tokens all through the market dip. Ethereum Holders Load Up Ethereum holders, especially those who have held for longer, are more… Source link

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A retest is expected, but most analysts expect Bitcoin price to extend much higher

A retest is expected, but most analysts expect Bitcoin price to extend much higher

The mood across the cryptocurrency market has seen a notable improvement in the last week as prices are on the rise with Bitcoin (BTC) now trading near $48,000 while Ether (ETH) attempting to hold  above $3,400.  Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin has been oscillating around $48,000 since it broke out above $45,000 early on March 28 and bulls are now debating whether a bull run to $80,000 is on the cards. BTC/USDT 1-day chart. Source:… Source link

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