Alex Dovbnya An Ethereum wallet containing over $5 million worth of ETH has been activated for the first time in six and a half years as the second-largest cryptocurrency is struggling to exit a bearish trend A dormant Ethereum wallet containing 1,947 ETH ($5.1 million) has been activated for the first time since 2015, according to Twitter account Whale Alert. Considering that the original investment was only $2,336, whoever owns the aforementioned address has made a staggering 220,799%… Source link

Ethereum founder Vitalik Buterin said the digital asset universe could see some benefits from the falling coin prices, Bloomberg writes. The declining prices accompany a reduced interest in investment in the coins, referred to as a “crypto winter.” The prices have been falling since November, when crypto hit an all-time high in terms of price. According to investors and speculators, one influencing factor might be the reduction in the massive stimulus that happened because of the… Source link

What happened  Trading took a turn for the worse in the middle of the holiday weekend for the cryptocurrency market and most values are down. There wasn’t a lot of news, but the liquidity may be little lower than normal on a long holiday weekend, causing values to fluctuate wildly. The value of Bitcoin ( BTC -4.37% ) is down 4.4% in the last 24 hours as of 3:20 p.m. ET on Sunday while Ethereum ( ETH -5.04% ) has fallen 4.2%, and Dogecoin ( DOGE -3.13% ) is down… Source link

What happened  Trading took a turn for the worse in the middle of the holiday weekend for the cryptocurrency market and most values are down. There wasn’t a lot of news, but the liquidity may be little lower than normal on a long holiday weekend, causing values to fluctuate wildly. The value of Bitcoin ( BTC -4.37% ) is down 4.4% in the last 24 hours as of 3:20 p.m. ET on Sunday while Ethereum ( ETH -5.04% ) has fallen 4.2%, and Dogecoin ( DOGE -3.13% ) is down… Source link

Litecoin (LTC) gets a neutral rating from InvestorsObserver Sunday. The Digital Money asset is down 5.41% to $109.85 while the broader crypto market is down 4.22%. Litecoin has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Neutral Over the last five days, Litecoin has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the… Source link

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Bitcoin (BTC) saw its first dive below $38,000 in over two weeks on Feb. 20 as macro triggers rattled low-volume weekend markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader on BTC: “Nothing to get excited about” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losing ground Sunday, following threats of fresh sanctions on Russia over its alleged plans to invade neighboring Ukraine. After a quiet Saturday, crypto began to move downhill after comments from… Source link

Ethereum price is retesting the $2,608 to $2,812 daily demand zone, hoping for a reversal. A bounce off this barrier is likely to revisit the lower limit of the daily supply zone, ranging from $3,188 to $3,393. A daily candlestick close below $2608 will invalidate the short-term bullish thesis. Ethereum price faced rejection from a stiff resistance barrier twice, resulting in a double-digit correction. The resulting downswing is currently bouncing off a stable… Source link

Veteran trader Peter Brandt has warned that bitcoin’s price corrections have taken many months in the past and it may take some time for the price of the cryptocurrency to hit another all-time high. He criticized bitcoin’s proponents for constantly hyping the crypto regardless of the price. Peter Brandt Warns It May Take Some Time for Another Bitcoin Peak Veteran trader Peter Brandt cautioned investors Thursday that it could take some time for the price of bitcoin to reach another… Source link

Kevin O’Leary, aka Mr. Wonderful, has shared what he thinks the price of bitcoin will be in the coming years. He said when institutions get the go-ahead from their compliance departments to invest in bitcoin, the price of the cryptocurrency “is going to appreciate dramatically.” Kevin O’Leary’s Bitcoin Prediction Shark Tank star Kevin O’Leary shared his prediction of the price of bitcoin in an interview with Stansberry Research last week. He explained that many… Source link