Ethereum Classic (ETC) traded 13.94% higher at $17.01 in the early hours of Tuesday at press time. What Happened: The cryptocurrency, a fork of Ethereum (ETH), has risen 38.03% on a seven-day trailing period. ETH, which is now the second-largest cryptocurrency by market capitalization behind Bitcoin (BTC), traded 3.86% higher at $2,125.45 at press time. BTC traded 1.38% higher at $58,900.49. ETC has returned 200.4% so far since the year began, while ETH and BTC have… Source link

Ethereum Ethereum rose by 1.48% on Monday. Following on from a 3.35% gain on Sunday, Ethereum ended the day at $2,106.98. A bullish start to the day saw Ethereum rise to an early morning high $2,085.23 before hitting reverse. Falling short of the first major resistance level at $2,120, Ethereum slid to a mid-morning intraday low $2,003.10. Ethereum fell through the first major support level at $2,007 before striking a late intraday high $2,131.27. The rebound saw Ethereum break through the first… Source link

Anthony Scaramucci, known Bitcoin proponent heading global investment firm SkyBridge Capital, believes that the future of the digital asset in investment portfolios is inevitable. What Happened: In a recent interview with CNBC, Scaramucci called it “the apex predator in the space. I tell my clients whether you like it or not, the world is moving into digitization.” SkyBridge Capital’s Bitcoin Fund LP holds over $600 million worth of Bitcoin at present, and two weeks ago, the firm applied… Source link

Former Coinbase Director of Engineering joins as Company’s third independent director Silver Spring, MD, April 05, 2021 (GLOBE NEWSWIRE) — BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Company”), a digital asset and blockchain technology focused company, today announced the appointment of Litecoin creator Charlie Lee to its Board of Directors as its newest independent member. “We are honored to welcome Charlie Lee to our board,” stated Charles Allen, Chief Executive Officer of BTCS…. Source link

JPMorgan, in an email note released to clients on Thursday, cited decreasing Bitcoin volatility as a positive for institutional interest in the asset. In an article covering the release by Bloomberg, strategists including Nikolaos Panigirtzoglou at JPMorgan wrote: “These tentative signs of Bitcoin volatility normalization are encouraging… In our opinion, a potential normalization of Bitcoin volatility from here would likely help to reinvigorate the institutional interest going… Source link

The Monero market has seen some drastic price movements over the past couple of days. The beginning of April saw the volatile price action take a new turn as the participants tried to build price up from a low of $246. At the time of press, the price has jumped to $265 and has been showing extreme bullishness in the market. However, such extreme bullishness has often resulted in drastic falls in the market and XMR traders may want to practice caution. Monero 1-hour chart  Source: XMRUSD on… Source link

Bitcoin SV saw a steep rise to $267 but fell from those heights just as quickly. Monero saw sellers step in to force prices beneath $250, but the skirmish was yet undecided and XMR has not yet dropped below $245. Waves formed a megaphone pattern that could see it rise to $14.32. Bitcoin SV [BSV] Source: BSV/USDT on TradingView Bitcoin SV shot upwards past the $218 level in recent days to reach the 38.2% extension level at $267 but was forced to drop back just as swiftly to revisit $215-$218… Source link

Bobby Lee said the history of bitcoin was one of bubbles bursting and growing again Dado Ruvic/Reuters Bitcoin investors need to be more aware of the asset’s history of big booms and busts, Bobby Lee said. The crypto exchange founder said bitcoin is likely to shoot up further but then crash dramatically. Yet Lee said he is optimistic about bitcoin long-term, seeing it as an inflationary hedge. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Bitcoin investors… Source link

Cosmos showed some weakness in the market as the price approached the $21.7 resistance. Monero reattempted to claim the region above $262.7 and the indicators backed a favorable outcome this time around. Basic Attention Token lacked the volatility for a large price swing, but strength was building up in its market. Source: CoinStats Meanwhile, Bitcoin continued to stagnate around $59k and noted a 24-hour trading volume of $45.2 billion. Cosmos [ATOM] Source: ATOM/USD, TradingView Weekly… Source link

The cryptocurrency market has been playing tag with the bulls and bears over the past couple of days. The market has been bouncing between the immediate highs and lows, and this is visible in the altcoin market of Litecoin.  At the time of press, LTC was on an upwards trend that pushed its value 16% in two days from $187.71 to $218. However, there was some retracement visible resulting in LTC trading at $210.40.  Litecoin 4-hour chart Source: LTCUSD on TradingView The above chart… Source link