Ethereum Ethereum fell by 5.65% on Tuesday. Partially reversing a 16.32% breakout from Monday, Ethereum ended the day at $3,240.01. It was a particularly bearish start to the day. Ethereum fell from an early morning high $3,454.80 to an early morning intraday low $3,166.12. Steering clear of the first major support level at $3,105, Ethereum rallied to an early afternoon intraday high and a new swing hi $3,507.98. Falling short of the first major resistance level at $3,611, Ethereum slid back to… Source link

Monero needed to defend $388 from bearish pressure and this would lead to a breakout above $440. Klaytn’s recovery was restricted below $2.6, while Chainlink was projected to break north from its pattern and head towards $49. Monero [XMR] Source: XMR/USD, TradingView Since the last week of March, Monero has seen exponential growth. A low of $204 seen during March 25 and a high of $438 a week ago represented gains of over 110%. For the last few sessions, the rally was kept at bay under the… Source link

Bitcoin and ether got swept up in a crypto market sell-off Tuesday, along with U.S. stocks, before recovering later in the day. Earlier, ether and dogecoin touched new all-time high prices.   U.S. Treasury Secretary Janet Yellen was a catalyst for the midday sell-off after she warned that interest rates may need to rise. Some traders apparently sold on concerns the cheap money era might not last forever. Ether (ETH) trading around $3,369 as of 21:00 UTC (4 p.m. ET). Gaining 3.4% over the… Source link

It has been a big year for cryptocurrency. Bitcoin is worth six times what it was 12 months ago, and the joke currency Dogecoin has seen a hundredfold increase in price. A boom in “non-fungible tokens”, or NFTs – tradable tokens based on the same technology as cryptocurrency – is transforming the art market. With this growth has come renewed scrutiny, with critics attacking Bitcoin in particular as a speculative bubble that uses vast amounts of electricity and produces no real… Source link

With talk of the flippening – ether supplanting bitcoin as the leading cryptocurrency – becoming part of the daily crypto conversation, the question needs to be asked; what do the differences between ether and bitcoin potentially mean for the future development of blockchain and crypto applications? Getty Getty Images Bitcoin has long been, ever since blockchain and crypto became part of the financial markets conversation, the market leader, conversation starter, and dominant… Source link

Litecoin (CCC:LTC-USD) is taking the momentum of the crypto movement this week and translating it to big gains. With its newest surge, it hopes to put its turbulent last few years behind it and look toward reaching new all-time highs. Litecoin (LTC) price predictions are largely optimistic for the coin as well. Source: Shutterstock Litecoin is one of the oldest crypto plays. A fork of Bitcoin (CCC:BTC-USD), Litecoin was created in 2011. It was created with a much faster block… Source link

The amount of “Bitcoin At Work,” or the Total Value Locked (TVL), a measurement of the amount of BTC locked in Decentralized Finance (DeFi), has exploded over the past year. More than 210,000 BTC (1% of the 21 million BTC supply cap) are now locked in various forms on other blockchains like Ethereum—a figure worth over $11.5 billion at current USD prices. Bitcoin At Work – 1 year chart Screenshot – DeFiPulse Up more than 300% BTC from my previous article, Can You… Source link

By definition, bitcoin has crashed. getty Although you don’t hear it, bitcoin (BTC) has crashed. A crash is classically a 25% fall in a sudden sharp move. This is the only chart I’m interested in now. It shows that bitcoin crashed at the beginning of March and then again at the beginning of April. While it recovered both times it leaves the chart looking like this: The bitcoin chart – there were two recent crashes Credit: ADVFN For the believers this is yet… Source link

The world’s second-most valuable cryptocurrency has soared even more than bitcoin (XBT) in 2021 thanks to non-fungible token mania and increased adoption of ethereum — ether, for short. Ether prices are now hovering around $3,400, a more than 330% gain this year. Bitcoin prices have risen a “mere” 90% by way of comparison. In the past week alone, ether is up a staggering 30% while bitcoin is flat. That has raised some concerns that ether has risen too far, too fast, just like bitcoin did… Source link

The world’s second-most valuable cryptocurrency has soared even more than bitcoin (XBT) in 2021 thanks to non-fungible token mania and increased adoption of ethereum — ether, for short. Ether prices are now hovering around $3,400, a more than 330% gain this year. Bitcoin prices have risen a “mere” 90% by way of comparison. In the past week alone, ether is up a staggering 30% while bitcoin is flat. That has raised some concerns that ether has risen too far, too fast, just like bitcoin did… Source link