With a 181.5% increase in the 24-hour chart, Dogecoin (DOGE) is breaking every resistance towards a new all-time high. On the other hand, Litecoin is showing strong momentum and, according to a trader, it could follow DOGE’s performance. Investing App Robinhood offers its users the possibility to trade with 6 cryptocurrencies: DOGE, Bitcoin, Ethereum Classic, Bitcoin Cash, Bitcoin SV, and Litecoin. Trader and analyst “Pentoshi” believes DOGE’s current price action is coming from… Source link

Bloomberg Britain’s Reopening Is a Boon for Outperforming Small-Cap Funds (Bloomberg) — As London’s shops and pub gardens reopen for the first weekend in three months, funds targeting smaller U.K. companies are among the best performers in Europe thanks to a rally in domestic stocks that benefit from Britain’s vaccine rollout success.Among Western European stock funds with $200 million or more in assets, the majority of the 10 best performers this year are focused on U.K. small caps,… Source link

TORONTO–(BUSINESS WIRE)–CI Global Asset Management (“CI GAM”) announced today that Canadian securities regulators have issued a receipt for the final prospectus of the CI Galaxy Ethereum ETF (“ETHX” or the “ETF”), the world’s first Ether ETF with the lowest management fee of any Ether ETF globally at 0.40%. ETHX is expected to start trading on the Toronto Stock Exchange (“TSX”) on April 20, 2021, subject to TSX approval. The ETF invests directly in Ether, the… Source link

The altcoin market has always been highly correlated to Bitcoin’s price and over the past week, this was quite evident. The short-term price correction that Bitcoin underwent affected many of the market’s altcoins. However, it didn’t do so uniformly. Monero [XMR] Source: XMR/USD, TradingView Monero’s price has seen significant gains over the past week amounting to over 26 percent, however, at the time of writing, the upward momentum seemed to be slowly dropping. At press time, the… Source link

Litecoin Climbs 10% In Rally Investing.com – was trading at $307.555 by 12:20 (16:20 GMT) on the Investing.com Index on Friday, up 10.18% on the day. It was the largest one-day percentage gain since April 10. The move upwards pushed Litecoin’s market cap up to $20.211B, or 0.91% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $19.138B. Litecoin had traded in a range of $265.892 to $307.555 in the previous twenty-four hours. Over the past seven days,… Source link

A physical imitation of a Bitcoin at a cryptocurrency “Bitcoin Change” shop, near Grand Bazaar, in Istanbul, Turkey on Sep. 24, 2020. AFP via Getty Images Bitcoin fell early on… Source link

Bitcoin has had a big week with its price notching fresh all-time highs and major U.S. cryptocurrency company Coinbase landing on the Nasdaq NDAQ . The bitcoin price came within touching distance of $65,000 per bitcoin this week as Coinbase IPO mania sparked a surge of interest in cryptocurrencies. Ethereum, the second-largest cryptocurrency after bitcoin, has also soared, with the ethereum price climbing over $2,500 per ether token for the first time. As huge bitcoin and ethereum… Source link

Demand for cryptocurrencies in the country has been driven up recently by inflation pressures and a weaker Turkish Lira. The country’s annual inflation rose above 16% in March. Photo: Chesnot/Getty Images The price of bitcoin (BTC-USD) descended from record highs on Friday following a decision by Turkey’s central bank to ban cryptocurrencies for payments.  The Central Bank of the Republic of Turkey (CBRT) said the use of cryptocurrencies and other crypto assets based on distributed ledger… Source link

Ethereum (CCC:ETH-USD), and other cryptocurrencies have been super hot lately, in part thanks to Coinbase Global (NASDAQ:COIN) going public. Ether, the cryptocurrency of the Ethereum network, has hit record highs in the past few days, and it currently shy of $2,500. Today I’ll look at ETH to see if further gains are possible in the months ahead. Source: Shutterstock ETH Follows Bitcoin While Bitcoin (CCC:BTC-USD) remains the largest cryptocurrency, the second-largest… Source link

Bitcoins may be selling like hot cakes, but global investors are wary of a bubble brewing there. The latest global fund managers’ survey by BofA Securities showed that 74% of fund managers think bitcoin is just a bubble. The increased adoption of cryptocurrencies by institutional investors has translated into a massive rally in this asset class. In the past one year, the price of bitcoin has risen by many folds from around $10,000… Source link