Bitcoin was carving out fresh history on Friday, and generating a ton of buzz on Wall Street and Main Street alike, as well as on social-media platforms, as the world’s No. 1 cryptocurrency staged a sharp rally that took its market value well above $1 trillion. At last check, a single bitcoin traded near a record at $54,827.69, up 5%, and was pushing the crypto that was written into code back in 2009 to a total market capitalization $1 trillion. … Source link

Bitcoin has suddenly rocketed higher, climbing almost 5% over the last 24 hours to highs of $53,750 on the Luxembourg-based Bitstamp exchange. The latest bitcoin price rise, coming just days after the cryptocurrency broke through the closely-watched $50,000 level, means the combined value of the 18.6 million bitcoin tokens in circulation are now worth over $1 trillion—double the $500 billion it started 2021. MORE FROM FORBESExclusive: YouTube Stars Jake Paul And Ben Phillips ‘Discussed’… Source link

The bitcoin price has soared in 2021 NurPhoto/Getty Images The bitcoin price scaled new heights above $53,000 on Friday morning, taking its year-to-date gains to 81% as the breakneck rally powered ahead. The increase took bitcoin’s market capitalization to within touching distance of $1 trillion, at more than $980 billion. The world’s biggest cryptocurrency has added more than $400 billion of value just in 2021. Bitcoin (BTC) traded at $53,038 as of 10.10 a.m. ET, having risen… Source link

Francesco Carta fotografo/ Getty Images Bitcoin’s current price above $51,000 is “unsustainable” unless volatility subsides, JPMorgan said in a note.  Strategists estimate a large portion of recent flows into the token have been driven by speculation.  If the token’s volatility converges to that of gold, bitcoin could reach $146,000, they added. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Bitcoin’s current price is “unsustainable” unless the… Source link

If LTC resumes upside and breaks above resistance near $238, a breakout above another key resistance zone could see bulls attack $300 or higher Litecoin (LTC) is looking to bounce off support at $230 and target short-term resistance at $238. This follows a dip to lows of $220, which came after bears rejected bullish advances at the aforementioned zone. LTC is likely to bounce higher given the technical picture on the daily and 4-hour charts. At the time of writing, Litecoin is trading at… Source link

Share Tweet Share Share Share Email We’ve seen it all before, right? Bitcoin at $20,000 seems so … 2020. We’re at $50,000 now and counting, and 2021 is barely a month and a half old. And next month, it may drop. The month after that, it may swing up again. It’s such a rapidly changing issue that even Nobel-prize winning economist Paul Krugman once called cryptocurrency economically irrelevant. Bottom line, cryptocurrency has defied accurate predictions. But there are market dynamics… Source link

Ethereum Ethereum rallied by 4.74% on Thursday. Following on from a 3.92% gain on Wednesday, Ethereum ended the day at $1,939.64. A mixed start to the day saw Ethereum slip to an early morning intraday low $1,851.47 before finding support. Steering well clear of the first major support level at $1,771, Ethereum rallied to a late intraday high and a new swing hi $1,950.3. Ethereum broke through the first major resistance level at $1,895 and the second major resistance level at $1,938. A choppy end… Source link

Litecoin price – Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – February 19th, 2021 For the day ahead Litecoin would need to move through the $228.82 pivot level to support a run at the first major resistance level at $236.94. Support from the broader market would be needed, however, for Litecoin to break out from $235 levels. Barring an extended crypto rally, the first major resistance level and Thursday’s new… Source link

FILE PHOTO: Representation of the Ethereum virtual currency standing on the PC motherboard is seen in this illustration picture, February 3, 2018. REUTERS/Dado Ruvic/Illustration Technology News Gertrude Chavez-Dreyfuss NEW YORK… Source link

Key Takeaways The Shiba-Innu themed meme cryptocurrency has started to compete with Litecoin and Bitcoin Cash. The total transaction fees on DOGE have surpassed LTC and BCH. While Dogecoin’s inflationary tokenomics will likely curtail long-term growth, short-term upswings may be coming. Share this article Dogecoin mining rewards along with transaction volumes are now comparable with those found in Litecoin and Bitcoin Cash.   Dogecoin vs. Litecoin and Bitcoin Cash Dogecoin has… Source link