Ethereum price saw bulls entering at the monthly pivot near $3,429. Price action to the upside got rejected at the monthly R1 resistance level at $3,836 and just a few bucks shy of the red descending top line.  With bulls taking the upper hand this week, expect a further continuation with a break of the red descending trend line and a retest of $4,085. Ethereum (ETH) price is on the verge of breaking higher after the first week of October offered bulls an… Source link

Ethereum Ethereum rallied by 3.38% on Wednesday. Reversing a 1.46% decline from Tuesday, Ethereum ended the day at $3,608.21. A mixed start to the day saw Ethereum slide to an early afternoon intraday low $3,412.45 before making a move. Finding support at the first major support level at $3,413, Ethereum rallied to a late intraday high $3,614.48. Ethereum broke through the first major resistance level at $3,559. Coming within range of the second major resistance level at $3,627, however, Ethereum… Source link

Litecoin price has been on a slow and steady uptrend after finding a stable platform at $177.90. A flip of the $189.75 resistance level into the support floor will likely trigger a 30% ascent to $232.94. If LTC breaks below $163.89 will invalidate the bullish thesis. Litecoin price has been consolidating below a stiff resistance barrier for 36 days. However, LTC seems to have mustered up the strength and is attempting to cross this hurdle and trigger a new… Source link

Everyone is talking about a six-figure Bitcoin (BTC) price now that the digital asset has broken out of its multi-month downtrend and confirmed that a bullish trend is in play.  If Bitcoin happens to enter a parabolic move toward $110,000, that would finally match PlanB’s Stock-to-Flow model prediction. According to the pseudonymous analyst, the scarcity and valuation of gold and other precious metals and “Elon Musk’s energy FUD and China’s mining crackdown” are a few of the… Source link

On October 13, 2011, the Litecoin network first went live. Today marks ten years from the debut of digital silver, which has arrived at the same time as the asset has made a new all-time low against BTC. Is it lights out for Litecoin from here, or will this ten-year anniversary be the start of a dramatic turnaround the asset is known for. Litecoin Network Hits Milestone Ten Years On The Market Ten-year anniversaries are always a special event worth celebrating…. Source link

Bitcoin returned above $56,000 on Wednesday after trading in a tight range over the past few days. The cryptocurrency’s price is up about 3% over the past 24 hours compared to a 1% rise in ether over the same period. The recovery in cryptocurrencies over the past week has decoupled from equity markets, with bitcoin squarely in the lead with a near 18% price rise for the month to date. Meanwhile, the S&P 500 is down about 4% from an all-time high in September, albeit with less or a roller… Source link

Published: Oct. 13, 2021 at 4:32 PM EDT|Updated: 2 hours ago SUNNYVALE, Calif., Oct. 13, 2021 /PRNewswire/ — ASICWay (www.ASICWay.com) is steadily emerging as a popular choice amongst crypto mining enthusiasts looking for guaranteed profit in quick time. The noted technology company’s recently released ASIC miners, AW 1, AW 2 and AW PRO have brought about a paradigm shift in how people approach crypto mining. Both these products can be used for mining Bitcoin, Litecoin, Ethereum, and Monero… Source link

The new Necro Python exploit targets Visual Tool DVRs used in surveillance systems. Threat group FreakOut’s Necro botnet has developed a new trick: infecting Visual Tools DVRs with a Monero miner. Juniper Threat Labs researchers have issued a report detailing new activities from FreakOut, also known as Necro Python and Python.IRCBot. In late September, the team noticed that the… Source link

China was the biggest miner of Bitcoin until authorities there effectively banned the practice. Now, the US has claimed China’s Bitcoin mining crown. By William MathisBloomberg The U.S. has become the world’s epicenter for Bitcoin mining after a crackdown in China effectively eliminated the practice in the former cradle of the industry. At the end of August, America accounted for 35.4% of the global hash rate, a measure of computing power used to extract the digital currency, according to… Source link

The ‘man who broke the Bank of England’ finally likes Bitcoin — here are 3 easy ways to hop on Bitcoin is rallying again, and this time it’s in large part to billionaire financier George Soros’ endorsement. Dawn Fitzpatrick, CEO and chief executive officer of Soros Fund Management, told Bloomberg last week that Soros’ family office owns “some coins, but not a lot.” The news sent the price of Bitcoin up nearly 10% to around $55,000. Known as “the man who broke the Bank of England,”… Source link