Bitcoin ( BTC -0.30% ) has nearly doubled in value so far in 2021 with just a month to go until the new year. It’s been a wild ride getting there, though. After a big surge last winter, the original cryptocurrency was halved in price over the summer, only to reclaim all-time highs again in the autumn. But with the new omicron coronavirus variant sending investment markets into turmoil again, the arbitrary but long-awaited $100,000 Bitcoin milestone (74% higher than the going price… Source link

Ether, the native currency on the Ethereum blockchain, approached a fresh all-time high on Wednesday as bitcoin — the largest cryptocurrency in the world — lagged almost 20 percent below its record price. The price of ether rose almost 2 percent Wednesday morning from the day prior and was last seen trading at $4,692 per coin, just 3.5 percent below the crypto’s all-time high of $4,858.82 reached last month, according to data from Coinbase. At the same… Source link

Bitcoin (BTC) met the start of U.S. trading with a bang on Dec. 1 as the Wall St. open sparked a run above $58,500.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: $56,000 may have been resistance flip Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining 2% in an hour Wednesday, canceling out the majority of overnight losses. The pair had hit $59,000 the day before in a similarly-timed move before giving up progress to dive to local lows of $56,700… Source link

Cryptocurrency investments have gotten a lot of attention lately, due in part to the huge returns that some, like Ethereum (CRYPTO:ETH) have generated. What is Ethereum? It is a blockchain technology platform that allows software developers and programmers to create applications that can be transacted using a token called Ether. Among the items that are traded using Ether are NFTs, or non-fungible tokens, as well as decentralized finance… Source link

Cryptocurrency has had a rollercoaster of a year, experiencing record-breaking highs and devastating lows over the past 12 months. Bitcoin ( BTC 0.53% ) is the most popular and the most well-known cryptocurrency, with a market cap of more than $1.1 trillion — making up nearly half of the $2.6 trillion crypto market as a whole. While Bitcoin has its fair share of advantages, there’s another cryptocurrency that could potentially overtake it in the future: Ethereum ( ETH 1.40% )…. Source link

Daily Video Tech Analysis of Bitcoin, Ethereum, Litecoin, and Ripple’s XRP Ethereum Ethereum rallied by 4.16% on Tuesday. Following a 3.51% gain on Monday, Ethereum ended the day at $4,635. A mixed morning saw Ethereum fall to a late morning intraday low $4,351 before making a move. Steering clear of the first major support level at $4,332, Ethereum rallied to an early afternoon intraday high $4,759. Ethereum broke through the first major resistance level at $4,516 and the second major… Source link

Recently, the $60,000 resistance level has been a key hurdle for buyers despite oversold readings on the charts. So far, support levels remain intact, which could establish a tight trading range between $55,000-$60,000 into the Asian trading day. BTC was trading around $57,800 at press time. Source link

Today Ether (ETH) price briefly touched $4,760, exciting investors and reminding the world that the altcoin is a mere 2.2% below the $4,870 all-time high reached 20 days ago. While the spot price action might be intriguing, let’s see what’s happening in Ether’s derivatives markets. Ether ETH/USD price at Bitstamp. Source: TradingView While it is possible to draw a descending channel that shows support at $3,960, today’s 5.4% positive move seems decoupled from Bitcoin’s (BTC) negative… Source link

“As BTC is looking good to close November below the expected target of $60,000, investors are optimistic that the cryptocurrency will repeat its historic trend of ending the year on a stellar bullish note,” Nikita Rudenia, co-founder of asset management firm 8848 Invest, wrote in an email to CoinDesk. Rudenia has a $70,000 BTC price target by the end of this year. Source link

The chart below shows how on-chain users have grown alongside new Coinbase accounts, signaling users are genuinely interested in interacting with applications on Ethereum. Cheaper alternatives to the Ethereum mainnet, or live version, have gained even more traction, with Polygon flipping mainnet in active users for a single day early in October. Additionally, Arbitrum has onboarded 275,000 users looking for cheaper blockchain interactions. Source link