Litecoin (CCC:LTC-USD), known as the silver to Bitcoin’s (CCC:BTC-USD) gold, is slowly gaining acceptance as a method of payment in online commerce. This is because as more institutions accept Bitcoin for payment they tend to include Litecoin in the same vein. As a result, LTC-USD is slowly gaining value as a valid transactional cryptocurrency. Source: Shutterstock In the last five months, LTC-USD bottomed out on July 20 at $107.40 but has since rebounded to $192.04 as of… Source link

You’re reading Entrepreneur United States, an international franchise of Entrepreneur Media. This story originally appeared on InvestorPlace InvestorPlace – Stock Market News, Stock Advice & Trading Tips Investorplace.com – InvestorPlace Litecoin (CCC:LTC-USD), known as the silver to Bitcoin’s (CCC:BTC-USD) gold, is slowly gaining acceptance as a method of payment in online commerce. This is because as more institutions… Source link

At the time of writing, Ethereum was up by 0.14% to $4,305. A bullish start to the day saw Ethereum rise to an early morning high $4,377 before sliding to a late morning low $4,282. In spite of the early moves, Ethereum fell short of the first major resistance level at $4,418 while also avoiding the first major support level at $4,065. For the Afternoon Ahead Ethereum would need to avoid the day’s $4,184 pivot to bring the first major resistance level at $4,418 back into play. Plenty of support… Source link

Want to know two amounts that just might blow you away? Here they are — $2.07 and $675.67. To be blown away, though, you need to understand the context. If you had invested only $2.07 one year ago in Shiba Inu (CRYPTO:SHIB) and held on to your coins, you’d now have $1 million based on the trading price at the time of this writing. To have that cool million with Ethereum (CRYPTO:ETH), you would have needed to buy $675.67 of the coins in July… Source link

Deepens partnership with CoinShares Invesco is taking its first steps in the cryptocurrency exchange-traded product (ETP) space in Europe with the launch of a bitcoin strategy. The Invesco Physical Bitcoin ETP (BTIC) is listed on the Deutsche Boerse with a total expense ratio (TER) of 0.99%.  Physically-backed, BTIC tracks the CoinShares Bitcoin Hourly Reference Rate index to deliver the price performance… Source link

Ethereum Ethereum rallied by 4.88% on Sunday. Following a 1.35% gain on Saturday, Ethereum ended the week up by 0.83% to $4,298. After mixed morning, Ethereum slid through the first major support level at $4,024 to a late afternoon intraday high $3,950. Finding support at the second major support level at $3,950, Ethereum rallied to a late intraday high $4,303.35. Ethereum broke through the first major resistance level at $4,180 and the second major resistance level at $4,261 to end the day at… Source link

President of El Salvador Nayib Bukele Image: Presidencia de la República de El Salvador Here’s some unsolicited relationship advice: Get yourself a partner that loves you as much as El Salvador President Nayib Bukele loves bitcoin. That may not be physically possible, because this man really loves his… Source link

Key Support levels: $4,000 Key Resistance levels: $4,350, $4868 (ATH) ETH failed to chart any meaningful gains throughout the week as bears intercepted all attempts at a rally and managed to bring the price back towards the $4,000 support on a few occasions. This price action shows that bulls don’t appear ready to push above the $4,350 resistance, and bears are seemingly in control of the momentum, at least for the short term. Until $4,350 is flipped into support, bulls… Source link

The second leading crypto asset ethereum has been dealing with high fees since the end of June and today the average ethereum transaction fee is between $5 and $34 per transfer. While there’s been a lot of complaints about ether gas costs this year, Ethereum founder Vitalik Buterin has recommended an Ethereum Improvement Proposal (EIP) that aims to decrease transaction costs by five times. Ethereum developer Tim Beiko discussed the idea as well, and talked about possible… Source link

Cryptocompare, the firm that provides institutional and retail investors with real-time and historical cryptocurrency data, has published the firm’s November 2021 Digital Asset Management Review. The report covers crypto exchange-traded products (ETPs), and recent findings show alternative crypto asset investment products are outperforming Bitcoin ETPs. Ethereum-Based Investment Product Trade Volumes Increase Every month Cryptocompare publishes a research report that covers the… Source link