bitcoin

Jack Dorsey’s ditched Twitter for bitcoin. Has the social media bubble burst? | Richard Seymour

Jack Dorsey is resigning from Twitter to spend more time with his other company, Square. In some ways, the choice between Twitter and Square is a straight choice between political clout and profit. Square, a payments platform co-founded by Dorsey in 2009, is worth almost three times Twitter’s current value at about $97bn (£73bn). But Square will never be credited with the equivalent of the “Twitter revolution”, or make headlines by banning a former president. Venture capital is pouring… Source link

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Litecoin Is Set to Rise as Its Number of Merchants Increases

Litecoin Is Set to Rise as Its Number of Merchants Increases

InvestorPlace – Stock Market News, Stock Advice & Trading Tips Investorplace.com – InvestorPlace Litecoin (CCC:LTC-USD) is slowly but surely increasing the number of merchants where you can spend Litecoin. As it does so, the value of the LTC crypto is increasing over time as well. Source: Wit Olszewski / Shutterstock.com Litecoin has been around for a good while and its perceived steadiness — having never had an outage — increases… Source link

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BTC sentiment ‘comparable to a funeral’ — 5 things to watch in Bitcoin this week

Bitcoin (BTC) starts a new week with traders still digesting the impact of the last — a major price drop that at one point saw $41,900. A modest recovery is now competing with some formidable resistance, first of which is $50,000. As a sense of déjà vu pervades markets, analysts are coming to terms with the fact that the end of Q4 2021 will likely not produce the blow-off top that they had anticipated. There is also concern that another, deeper, BTC price floor may have to enter before a… Source link

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Ethereum is Falling! Will the Crypto Make a Breakthrough in 2022?

Ethereum is Falling! Will the Crypto Make a Breakthrough in 2022?

We explore if Ethereum has the potential to make a come back in 2022 or not With new technologies and advancements are clouding the cryptocurrency space, Ethereum is also at the forefront of major transformation. Over the past month, Ethereum price has been on a roller coaster ride with the digital token reaching an all-time high in November, which eventually fell to a major catastrophe now. At the time of writing, ETH was traded for US$4,180 with a market capitalization of US$495.34 billion…. Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – December 6th, 2021

Daily Video Tech Analysis of Bitcoin, Ethereum, Litecoin, and Ripple’s XRP Ethereum Ethereum rose by 1.90% on Sunday. Partially reversing a 2.17% decline from Saturday, Ethereum ended the week down by 2.21% to $4,203. After a mixed start, Ethereum rose to a mid-day intraday high $4,257 before hitting reverse. Falling short of the first major resistance level at $4,385, Ethereum slid to a mid-afternoon intraday low $4,038. Steering well clear of the first major support level at $3,720, however,… Source link

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Litecoin Community Join Bitrise, While Bitcoin Plunges 20% By CoinQuora

Litecoin Community Join Bitrise, While Bitcoin Plunges 20% By CoinQuora

Litecoin Community Join Bitrise, While Bitcoin Plunges 20% Attractive token investors Rewards. Innovative and investor rewarding token economics. One of the highly potent DeFi project. The last few days have not been good for most crypto investors, especially those that invested in . The value of Bitcoin plunged 20%, but this was not a problem with Bitcoin only. Almost all cryptocurrencies, including , have the same problem. Litecoin also dipped, and it has most of its community members… Source link

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The A to Z of what Litecoin is missing and what it needs

Litecoin, one of the market’s oldest cryptos, has seen its own share of ups and downs over the years. More often than not, this altcoin has unhesitantly followed Bitcoin’s pre-carved footsteps. The last couple of days have been quite deterring for Bitcoin and most other large-cap coins. Litecoin wasn’t spared from the wider melancholy either. Towards the end of November, LTC’s price typically revolved around $220. Post that, however, it embarked on a southbound journey. At the time… Source link

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Behind crypto’s ugly weekend, ‘cascading’ selloffs and dashed hopes for Bitcoin $100K

“Hodl” no more? The grim weekend cryptocurrency drubbing that dragged Bitcoin (BTC) under $50,000 and ravaged other digital coins has decisively tempered the bullishness of investors — some of whom were predicting a run at $100,000 just weeks ago. Fueled by uncertainty over the Federal Reserve inching toward tighter monetary policy in the face of surging inflation, and global fears over the new Omicron variant of COVID-19, the dramatic crash was super-charged by liquidations in the crypto… Source link

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Bitcoin Hashrate Rises Despite Price Drop, Mystery Hashpower Returns – Mining Bitcoin News

Bitcoin Hashrate Rises Despite Price Drop, Mystery Hashpower Returns – Mining Bitcoin News

Bitcoin’s hashrate has increased a great deal, even after the leading crypto asset’s price slipped below the $50K price zone. Eight days ago the network hashrate was coasting along at 168 exahash per second (EH/s), and this past week it increased 7.73% to today’s 181 EH/s. Bitcoin’s Hashrate Climbs Higher Following Difficulty Decrease Following the price drop under the $50K zone, Bitcoin’s (BTC) hashrate remains strong and has increased more than 7% higher during the last… Source link

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Bitmart hacked for $200M following Ethereum, Binance Smart Chain exploit

Crypto exchange Bitmart lost nearly $200 million in a hot wallet compromise hosted over the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains. The $200 million Bitmart hack was first revealed by Peckshield, a blockchain security and data analytics company, who initially identified a transfer of roughly $100 million over the Ethereum blockchain. Further investigation from the team revealed a concurrent hack of $96 million over the crypto exchange’s BSC reserves: Total estimated loss:… Source link

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