Monero price predictions for a break of the channel consolidation area were met over the weekend, thereby concluding the bullish flag. This has allowed Monero to rally to 3-month highs, as bullish momentum returned to the altcoin market. Today’s 7% move takes Monero ahead on a 5-day rally, further boosting the chances of Monero approaching the $350 mark. However, further bullish Monero price predictions could face sa stringent test as the rally has approached… Source link

The world’s largest and most popular cryptocurrency, Bitcoin, soared to $50,000 in value as investors and traders buoy the cryptocurrency to levels seen earlier this year. Renewed confidence in the coin and has been reflected in its steady growth toward a much-anticipated return to a one trillion dollar cap. Bitcoin was lifted above the $50k threshold this morning at approximately 4am BST, when the coin jumped to $50,084.44. Sign up to our daily newsletter The i newsletter cut through the… Source link

Privacy-focused cryptocurrency Monero (XMR) today continues its price rally sparked by the launch of atomic swaps last week. At the time of writing, Monero was trading at around $328, up nearly 16% over the past 24 hours, according to crypto metrics platform CoinGecko. Notably, the price of Monero has been steadily growing since August 17 when Monero developers announced that atomic swaps between Bitcoin are now available on the mainnet. “XMR <-> BTC atomic swaps are live on mainnet!… Source link

Crypto trader Lark Davis is naming four assets that he says are “nibbling away” at the market cap of leading smart contract platform Ethereum. In a new video, Davis tells his 419,000 YouTube followers that Binance Smart Chain (BSC) is one of Ethereum’s top competitors, as it enjoys the backing of global crypto exchange Binance.   “There’s lots of things happening on the Binance Smart Chain. $17.4 billion of total value locked over on the Binance Smart Chain right now. You… Source link

The Litecoin price is hovering at a key level of resistance as Bitcoin surges above the $50,000 mark. The LTC coin is trading at $187.82, which is slightly below the key resistance at $190. It has a market capitalization of more than $12 billion, making it the 14th biggest coin in the world. Bitcoin and Litecoin correlation Most cryptocurrencies have a close relationship. Indeed, a calculation of Bitcoin and Litecoin shows that the two coins have a… Source link

Payal Shah, CME Group AT A GLANCE Ethereum is practically synonymous with DeFi because it powers many cryptocurrencies in the decentralized finance sector. Ether is no longer following bitcoin’s price fluctuations as closely as it once did, and it is starting to be driven by its own catalysts. Ethereum is now six years old. But in that short time frame since its launch on July 30, 2015, a lot has happened. Ethereum has established itself as the most actively used… Source link

Ethereum Ethereum rose by 0.47% on Sunday. Partially reversing a 1.83% decline from Saturday, Ethereum ended the week down by 2.10% to $3,241.42. A mixed start to the day saw Ethereum rise to a late morning intraday high $3,275.00. Falling short of the first major resistance level at $3,290, Ethereum eased slid to a late afternoon intraday low $3,128.82. Ethereum fell through the first major support level at $3,186 and the second major support level at $3,144. Finding late support, however,… Source link

The Ethereum (ETH/USD) price darted higher during the weekend as cryptocurrency prices rallied. The coin jumped to $3,340, which was an important level of resistance. Its total market capitalization also rose to more than $389 billion. Ether rally continues Ethereum prices jumped as Bitcoin and the other altcoins maintained their bullish momentum. The most important milestone was that Bitcoin managed to move above the key resistance level at $50,000.  Are you… Source link

Just like most other alts in the market, Monero too saw a decent rally over the past week. Apart from the broader market sustaining its uptrend, however, another critical factor had a role to play this time. The BTC-XMR atomic swap went live on Monero’s mainnet a few days back. Atomic swaps allow users to swap or exchange their cryptos without the involvement of third parties in a completely decentralized manner. Already the leading “privacy coin” in the crypto-space, Monero has now… Source link

On Saturday Benzinga ran a poll on Twitter asking whether people think Bitcoin (CRYPTO: BTC) would hit $50,000 this weekend. As of Sunday afternoon 71% of respondents chose ‘yes.’ Although Bitcoin may need a few days for further consolidation as the apex cryptocurrency looks to be preparing for another run north. See Also: Is Bitcoin a good investment in 2021? The Bitcoin Chart: Bitcoin has settled into a bull flag pattern with the pole created between Aug. 19 and Aug. 20 and the flag… Source link