Litecoin price had a significant breakout from a descending triangle pattern. The digital asset re-tested the previous resistance level and has resumed its uptrend towards $200. LTC faces practically no barriers on the way up as bulls hold all the momentum. Litecoin had a major breakout from a descending triangle pattern on the 4-hour chart with a price target of $185. After a small drop towards the previous resistance trendline, LTC bulls quickly bought the dip… Source link

Bitcoin drifts higher, DeFi tokens moon, dogecoin pants Bitcoin was higher early Friday, pushing toward $38,000, around the highest levels in about three weeks.  The news overnight was mixed, with an Australian central bank official telling lawmakers in the country that bitcoin is “not a payment instrument and it’s not even really money,” while Twitter and Square CEO Jack Dorsey tweeted that he had set up his own bitcoin node. Key price levels: “Should we go higher, we’ll be eyeing… Source link

Ethereum Ethereum fell by 4.26% on Thursday. Partially reversing a 10.23% rally from Wednesday, Ethereum ended the day at $1,597.55. It was a bullish start to the day. Ethereum rose to an early morning intraday high and a new swing hi $1,699.00 before hitting reverse. Falling short of the first major resistance level at $1,724, Ethereum slid to a mid-afternoon intraday low $1,556.0. Finding support at the first major support level at $1,561, Ethereum briefly revisited $1,600 levels before easing… Source link

TipRanks The 5G Revolution Could Send These 3 Stocks Higher We’ve got a full month of 2021 behind us now, and a few trends are coming clearer. The coronavirus crisis may still be with us, but as vaccination programs expand, the end is in sight. With President Trump out of the picture, and the Democrats holding both Houses of Congress and the White House, politics is looking more predictable. And both of those developments bode well for an economic recovery this year. Looking back, at the… Source link

What happened Shares of Ebang International Holdings (NASDAQ:EBON) rose sharply on Thursday after the company announced a new product that will allow users to simultaneously mine two popular cryptocurrencies, Litecoin and Dogecoin. At the close, the stock was up almost 14%. So what You may be familiar with… Source link

Thanks to the correlation it shares with Bitcoin and Ethereum, most of the altcoin market surged on the charts this week. Monero, Ethereum Classic, and VeChain were among the cryptos to hike, with the general performance of the market fueling more expectations of an altcoin rally. Monero [XMR] Source: XMR/USD on TradingView Monero, the market’s leading privacy coin, despite brief hikes on the charts, has underperformed when compared to the rest of the market’s altcoins. In fact, despite… Source link

Researchers detect new malware targeting Kubernetes clusters to mine Monero Cybersecurity researchers at Unit 42, the intelligence team at Paolo Alto Networks, have published a profile of a new malware campaign that targets Kubernetes clusters and can be used for the purposes of cryptojacking. “Cryptojacking” is an industry term for stealth crypto-mining attacks that work by installing malware that uses a computer’s processing power to… Source link

Litecoin price flashes bullish signs on lower and higher time frames hinting at a massive rally. LTC bulls could push prices to retest previous all-time highs. On-chain metrics suggest a strong foundation for the upcoming rally. Litecoin price has seen a continuation of the stellar performance it had in 2020. At the time of writing, the token has witnessed a 100% year-to-date bull run. Due to the recent breakout from a consolidation pattern, LTC looks promising for… Source link

Ethereum pauses at record high, bitcoin’s rally stalls, DOGE Moons Ether (ETH) prices were lower after surging 10% on Wednesday to a new record, climbing past $1,600 for the first time.  The recent gains appeared driven by signs of growth on the cryptocurrency’s underlying Ethereum blockchain network, as well as interest from institutional investors starting to venture beyond bitcoin, the oldest and largest cryptocurrency.  “Ethereum is in such high demand because the asset is undergoing… Source link

HANGZHOU, China, Feb. 04, 2021 (GLOBE NEWSWIRE) — Ebang International Holdings Inc. (Nasdaq: EBON, the “Company,” “we” or “our”), a blockchain technology company in the global market, today announced that the Company has completed the designing of a chip for simultaneous Litecoin (LTC) and Dogecoin (Doge) mining as an addition to our current portfolio of cryptocurrency mining chip designs. The Company believes the new design will allow the Company to construct high performance… Source link