Monero had been trading within a range over the past month, but it appeared to have initiated a recent downtrend on the charts. On the contrary, while Waves was on an uptrend that could be set to continue over the coming days, Compound‘s bulls were engaged in a skirmish to flip a level of resistance to support. Monero [XMR] Source: XMR/USDT on TradingView Monero was trading within a descending channel (yellow), at press time. It closed above the channel, at $124, a few trading sessions ago,… Source link

PlanB, the creator of the stock-to-flow (S2F) model, reiterated on Nov. 8 that Bitcoin (BTC) is well on its way to hit $100,000. The pseudonymous analyst expects the dominant cryptocurrency to achieve the $100,000 to $288,000 range by December 2021. Bitcoin would have to increase by around 545% from the current price to surpass $100,000. At that price point, the market capitalization of BTC would near $2 trillion, or roughly the same as Apple, the world’s most valuable company.  Bitcoin S2F… Source link

Bitcoin (BTC) is starting what will be likely a hectic week for markets as the United States begins its two-month presidential transition. After Joe Biden was declared the projected winner of the U.S. presidential elections during the weekend, Bitcoin fell, but managed to avoid major losses — what’s next? Cointelegraph takes a look at the factors set to influence BTC price action over the coming week. U.S. election frenzy starts to bite Attention remains firmly fixed on Washington as the… Source link

GlobeNewswire Leaf Group Issues Letter to Shareholders Stock Price Value Destroyed During Strategic Review Leaf Group Stock Value Created After Strategic Review Leaf Group Affiliations of Investor Group’s Proposed Directors Leaf Group Leaf Group Board Tenure (January 1, 2019 – Current) Leaf GroupSANTA MONICA, Calif., Nov. 09, 2020 (GLOBE NEWSWIRE) — Leaf Group Ltd. (NYSE: LEAF), a diversified consumer internet company, today issued the following letter to its shareholders in response to a… Source link

Veteran investor Bill Miller says that all major banks, investment banks, and high net worth firms will eventually have some exposure to bitcoin or something like it. He said that bitcoin’s staying power is getting better every day. Bill Miller’s Bullish Statements About Bitcoin A growing number of major corporations have been gaining exposure to bitcoin, prompting speculation of when the rest of them will follow…. Source link

Of all of the many clever things Mark Twain is alleged to have said, one of my favorites, especially these days, is: “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.” In the turmoil that is 2020, many market “truths” have morphed into myths. And many trusted investment adages no longer make sense. One that continues to puzzle me is how many financial advisers still recommend the 60/40 portfolio balance between equities… Source link

Following the 21 coinbase rewards from 2010 spent on November 7, another long string of so-called ‘sleeping bitcoins’ mined a decade ago were transferred on Sunday morning. According to onchain data, the 20 block rewards from 2010 with 1,000 BTC were transferred at 4:02 a.m. EST. A ton of ‘zombie coins’ moved in 2020, after sitting idle for over ten years. Zombie coins or so-called ‘sleeping bitcoins’ are a… Source link

Get Forbes’ top crypto and blockchain stories delivered to your inbox every week for the latest news on bitcoin, other major cryptocurrencies and enterprise blockchain adoption. Bitcoin surged past $15,000 and has its sights set on its all-time high. getty CRYPTO MARKETS Bitcoin’s bull run kicked into high gear and reached heights not seen since its December 2017 peak, as U.S. election anxiety and uncertainty lingered throughout the week. Bitcoin

In early September of this year, the market capitalization of Bitcoin (BTC) was hovering at around $190 billion when the BTC price was hovering around $10,000. In the past two months, however, the price of Bitcoin rose from to over $15,000. With it, the market cap of Bitcoin surged from $190 billion to around $280 billion. This now makes Bitcoin more valuable than most major U.S. companies. The weekly price chart of Bitcoin. Source: TradingView.com Bitcoin is equivalent to the 18th largest… Source link

An Ethereum user mistakenly paid $9,500 in transaction fees to send just $120. The user, identified by their Reddit moniker ‘Proudbitcoiner’, says the transaction “destroyed my life” and is now desperately asking miners to return the money. According to a Nov. 4 post on Reddit, Proudbitcoiner said they accidentally typed in the wrong transaction fee, leading to a transfer of amounts nearly 80 times the size… Source link