bitcoin

Why Bitcoin-Related And Ethereum-Related Stocks Are Dropping Today

Cryptocurrency-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Bit Digital Inc (NASDAQ: BTBT), are trading lower amid a decrease in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). Weakness in crypto stocks may also be in sympathy with overall markets amid a rise in bond yields, which has weighed on growth sectors such as technology. Marathon Digital is focused on mining digital assets. It owns crypto-currency mining… Source link

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You Can Be a Bitcoin Maximalist and Like Ethereum, Too – CoinDesk

“[S]eparatism used to be a fitting response, e.g., in 2017, when actual bad actors tried to hurt the movement,” Wertheimer said. “[H]owever, 2021 is different, the new crowds aren’t trying to hurt anyone, and separatism doesn’t achieve the stated goal of ‘educating’ anyone.” (Wertheimer did not respond to a request for comment.) Source link

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A crypto exchange accidentally paid a $24 million fee for a $100,000 ethereum transaction – but the miner agreed to return it | Currency News | Financial and Business News

The ethereum network runs the ether cryptocurrency, the second-biggest after bitcoin. Dado Ruvic/Reuters Crypto exchange Bitfinex on Monday accidentally paid $24 million as a fee for a $100,000 ethereum transaction. Yet the miner who verified the transaction and received the fee has sent most of it back. Bitfinex’s mistake was an example of a “fat finger” trade and may be the biggest ethereum fee in history. See more stories on Insider’s business page. A crypto exchange… Source link

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Bitcoin Price Prediction – Bears Eye a Return to sub-$40,000

After a bearish day for Bitcoin and the majors on Tuesday, it’s been a broadly bullish Wednesday morning. At the time of writing, Bitcoin, BTC to USD, was down by 0.29% to $42,059.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $42,777.0 before hitting reverse. Falling well short of the first major resistance level at $43,646, Bitcoin slid to a late morning intraday low $41,548. While steering clear of the first major support level at $41,425, Bitcoin tested… Source link

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Bitcoin whales move ‘record’ BTC value as metric sounds alarm over price volatility

Bitcoin (BTC) analysts are eyeing short-term volatility as whales begin unprecedented behavior. Fresh data shows that whales have not only been highly active on the market — they’ve been moving record amounts of BTC. Whale activity beats Bitcoin all-time highs Despite BTC price action staying in a narrow, uninspiring range of around $40,000, large-volume Bitcoin investors are anything but calm. In recent weeks, these whales have shifted more coins around the network than ever before —… Source link

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BTC price loses $42K after fresh rejection puts focus on ‘worst case’ Bitcoin monthly close

Bitcoin (BTC) fell below $42,000 on Sept. 28 as the largest cryptocurrency worsened overnight losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC bulls run out of steam at $44,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching local lows of $41,670 on Bitstamp. The fall followed a $1,000 hourly loss late Monday, which firmly halted any bullish hopes from the weekend’s high of $44,400. The turnaround was broadly expected. As Cointelegraph Source link

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Bitcoin and Ethereum Recovery Stalls, Altcoins Struggle

Bitcoin price failed to clear USD 45,000 and started a fresh decline. Ethereum is back below USD 3,000, XRP could retest USD 0.88. OKB and HT rallied more than than 12%. Bitcoin price attempted to clear the USD 44,500 resistance, but failed. As a result, BTC started a fresh decline below the USD 43,500 support. It is currently (04:27 UTC) trading below USD 43,000 and there is a risk of more downsides. Similarly, most major altcoins… Source link

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Bitcoin Explained for Lawyers | The Legal Examiner

In just ten years, the flagship cryptocurrency Bitcoin has garnered a wide range of prominent and notorious monikers: Bitcoin is…the future of money, Internet drug money, the future of the financial industry, a speculative bubble, a global currency, a direct threat to the U.S. Dollar, a looming environmental disaster, to name a few.  An often completely unprecedented legal situation exists at almost every twist and turn in the cryptocurrency industry…. Source link

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Monero Price Analysis: XMR Coin Price Is Ready To Break Above The 100 MA Resistance – Cryptocurrency News – The Market Periodical

Monero coin price is currently seeing a strong upside momentum which can lead it to a new high. It is trading with a gain of more than 3% in the intraday session XMR coin technical indicators hints towards an upcoming bull rally for the price. Meanwhile, XMR/BTC pair has seen a loss of more than 1.8% XMR coin price is currently seeking to break past the barrier of $300 and reach a new high . Monero price has seen a gain of more than 2% and is trading near the value of $242. XMR coin price… Source link

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