Ethereum Ethereum fell by 4.97% on Monday. Reversing a 1.36% gain from Sunday, Ethereum ended the day at $3,146.6. A bullish start to the day saw Ethereum rise to an early morning intraday high $3,341.47 before hitting reverse. Falling short of the 23.6% FIB of $3,369 and the first major resistance level at $3,385, Ethereum slid to a late intraday low $3,135.00. Ethereum fell through the first major support level at $3,175 to end the day at sub-$3,150 levels. At the time of writing, Ethereum was… Source link

John Oliver, the host of the American satirical show ‘Last Week Tonight,’ took aim at privacy coin Monero (CRYPTO: XMR). What Happened: In a 22-minute segment speaking on ransomware, John talked about a Monero promotional video and said, “There’s a pretty clear subtext to what they’re selling there.” The ad shows potential users of Monero that they could be their own bank and “escape government repressions and nosy neighbors or crooks.” Mocking the video, John said, “It’s like seeing a… Source link

The product comparison website Finder has published a report that polled 42 financial technology (fintech) specialists and found the average forecast from the group indicates they believe the crypto asset litecoin will be worth more than $200 by the end of 2021. The crypto asset launched by Charlie Lee in 2011, has been trading for prices between $175 and $187 over the last three days. Average Prediction Among 42 Fintech Specialists Say Litecoin Will Tap… Source link

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The crypto community — but most of all, the Bitcoin (CRYPTO: BTC) community — is pointing out the disastrous consequences of the Richard Nixon administration’s decision to take the dollar off of the gold standard in 1971, exactly 50 years ago. What Happened: The Bitcoin community caused the #wtfhappenedin1971 hashtag to go viral on Twitter Inc.(NYSE: TWTR) to attract public attention to the damage that fiat money has done to the world’s economy. A website dedicated to sharing data of the… Source link

Litecoin price closes in on the double bottom measured move price target of $191.00 after a 10.82% rip on August 13. LTC breaks away from the 50-week simple moving average (SMA) and logs the best weekly gain since the beginning of May. A bearish momentum divergence appears on the intra-day timeframes as the Relative Strength Index (RSI) does not confirm Litecoin price highs. Litecoin price had been paralyzed by the 2019 high at $146.00 and the 50-week SMA from the end… Source link

Altcoins Litecoin, Ethereum Classic and Polkadot, all rose on their charts over the last 24 hours, owing to Bitcoin and Ethereum’s northbound movements. LTC held itself above its support region of $175.35 as it logged a 2.5% increase in prices, ETC eyed its immediate resistance of $76.70 as it traded at $75.44. DOT shot up by 8.1% as it recorded a multi-month high. Litecoin (LTC) LTC/USD, TradingView Litecoin climbed up on its chart by 2.5% as it was trading at $188.20. The coin traded… Source link

The double-digit rallies seen from many altcoins shows traders are becoming increasingly bullish with the passing of each day, but maintaining this momentum will to some extent depend on Bitcoin’s (BTC) short-term price action. Data from Cointelegraph Markets Pro and TradingView shows that after touching the $48,000 price level during the early morning trading hours on Aug. 16 the price of BTC dipped below $45,800 as bulls scrambled to put a halt to the price slide.  BTC/USDT 4-hour chart…. Source link

Bitcoin traded in a choppy range on Monday as buyers appear to be exhausted ahead of the $50,000 resistance level. The cryptocurrency was trading at around $46,000 at press time and is roughly flat over the past 24 hours.  On Monday, the total crypto market cap surpassed $2 trillion for the first time since mid-May, according to CoinMarketCap data. Ether and cardano are standouts in the recent crypto rally,  with strong rallies month to date, rising 26% and 62% respectively, compared with a… Source link

Emmy award winner satirical show “Last Week Tonight With John Oliver” released a segment on ransomware attacks in the U.S. and their alleged main financial enablers, cryptocurrencies Bitcoin (BTC) and Monero (XMR). This criminal activity has been on the rise in the U.S. and has been caused by concerns from authorities and the public. The segment begins with a review of some of the most important ransomware attacks recently perpetrated by hackers groups allegedly based in Russia and… Source link