bitcoin

Ethereum Rallies to $2,300 as Gas Fees Drop

Ethereum sees bullish momentum on Sunday as gas fees drop to levels not seen in weeks. Ethereum managed to stage a comeback on Sunday following a dismal weekend which was led by a weakening bitcoin. ETH managed to reach a new all-time high of $2,645 on Binance. The blockchain also saw its active ethereum address hit a new all-time high of 771,000. Previously held in November 2020 at 739,000. Ethereum had since declined with bitcoin which had seen a full week of bearish selling in the market…. Source link

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Bitcoin: Boom, Bust and Big Opportunity? – TheStreet

Bitcoin: Boom, Bust and Big Opportunity? – TheStreet

Did the world just witness the bitcoin bomb? Or, the chance for a bitcoin buy? The famed cryptocurrency fell sharply over the last half of April, sinking from its mid-month high of around $64,000 to Sunday morning when it was hovering around $50,000.  But is this decline a sign of serious trouble, or just expected volatility?  “Bitcoin’s volatility isn’t a flaw, it’s a gift — especially for the up and coming investor class of millennials and Gen-Z,” said Dave Balter, the chief executive of… Source link

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What The Heck Happened Last Week And Can We Blame China For It?

What The Heck Happened Last Week And Can We Blame China For It?

A model of the digital cryptocurrency Bitcoin is on display at Zhengzhou Network Security Science … [+] and Technology Museum on November 27, 2020 in Zhengzhou, Henan Province of China. (Photo by Liu Yanfeng/VCG via Getty Images) VCG via Getty Images What the heck happened to my Bitcoin last week? I’ve been taking some off the table since hitting all time highs, and loading up my BitPay Mastercard with some gains. I remember where Bitcoin was in March 2020. Around $5,000…. Source link

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If You Bought $100 Worth of Ethereum at the Start, Here’s How Much You’d Have Today

Digital currencies have surged this year. But what if you’d invested much earlier? It’s always fun to play the “what if?” game with investments, especially when top cryptocurrencies have soared in value since being launched. If that’s something that intrigues you, keep reading to see how much you would have made if you’d invested in Ethereum from day one. What is Ethereum? Ethereum (ETH) is the world’s second-biggest cryptocurrency, behind Bitcoin (BTC). It was launched in July 2015 and first… Source link

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Litecoin (LTC/USD) on shaky ground as price retests major support.

In early Sunday trading, Litecoin is once again testing the critical support of the 50-day moving average as the broader Crypto market woes persist. At the time of writing, Litecoin is trading at $228.0, having been as low a 223.26 earlier in the session. Like much of the crypto universe, the coin had enjoyed a stellar start to 2021, rallying as much as 167% to the 2021 high of $335.36 earlier in the month. Again like many of its peers, Litecoin has since found… Source link

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Litecoin Price Analysis: 24 April

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Litecoin’s price has dropped by 26 percent over the past week. However, at the time of writing, the alt had bounced back somewhat, with the crypto now trying to limit its losses. The past few trading sessions saw quite a lot of sideways movement and traders may have to wait a bit longer before LTC can move the price range closer to $300.  At the time of… Source link

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Bitcoin must move away from its core proof-of-work technology to remain a dominant cryptocurrency, Ripple’s co-founder says | Currency News | Financial and Business News

Bitcoin must move away from its core proof-of-work technology to remain a dominant cryptocurrency, Ripple’s co-founder says | Currency News | Financial and Business News

Ripple co-founder, Chris Larsen. BankXRP/YouTube Ripple’s cofounder thinks bitcoin developers should be concerned about its proof-of-work technology. He suggested shifting to a more carbon-neutral method like proof-of-stake or federated consensus. “Such a change is critically important for bitcoin to remain the world’s dominant cryptocurrency.” Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The conversation around bitcoin’s environmental threat seems to be… Source link

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Bitcoin must move away from its core proof-of-work technology to remain a dominant cryptocurrency, Ripple’s co-founder says | Currency News | Financial and Business News

Bitcoin must move away from its core proof-of-work technology to remain a dominant cryptocurrency, Ripple’s co-founder says | Currency News | Financial and Business News

Ripple co-founder, Chris Larsen. BankXRP/YouTube Ripple’s cofounder thinks bitcoin developers should be concerned about its proof-of-work technology. He suggested shifting to a more carbon-neutral method like proof-of-stake or federated consensus. “Such a change is critically important for bitcoin to remain the world’s dominant cryptocurrency.” Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The conversation around bitcoin’s environmental threat seems to be… Source link

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How the Winklevoss Twins Amassed a $6 Billion Bitcoin Fortune

Here’s how two brothers became Bitcoin billionaires. Tyler and Cameron Winklevoss, better known as the Winklevoss twins, have several claims to fame. You may have heard of their dispute with Mark Zuckerberg over the creation of Facebook — especially if you’ve watched The Social Dilemma. If you’re a sports buff, you might know they took sixth place in the men’s pairs rowing event at the 2008 Beijing Olympics. But more than that, the Winklevoss twins are crypto pioneers and Bitcoin… Source link

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Bitcoin Corrects 27%, Oh No! (or Why It’s Time To Buy Bitcoin)

With Bitcoin down more than 25%, we’re sure there are no few Bitcoin (CRYPTO: BTC) holders wondering if this is the beginning of the end. What we want to point out is that, historically, every time Bitcoin has corrected it has always bounced back Free Book Preview Money-Smart Solopreneur This book gives you the essential guide for easy-to-follow tips and strategies to create more financial success. April 24,… Source link

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