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Ether (ETH) rallied 5.5% in the early hours of Nov. 29, reclaiming the critical $1,200 support. However, when analyzing a broader time frame, the 24% negative performance in the past 30 days significantly impacts investors’ sentiment. Moreover, investors’ mood worsened after BlockFi filed for bankruptcy on Nov. 28. Newsflow remained negative after the United States Treasury Department’s Office of Foreign Assets Control (OFAC) announced a settlement with Kraken exchange for “apparent… Source link

Ether (ETH) rallied 5.5% in the early hours of Nov. 29, reclaiming the critical $1,200 support. However, when analyzing a broader time frame, the 24% negative performance in the past 30 days significantly impacts investors’ sentiment. Moreover, investors’ mood worsened after BlockFi filed for bankruptcy on Nov. 28. Newsflow remained negative after the United States Treasury Department’s Office of Foreign Assets Control (OFAC) announced a settlement with Kraken exchange for “apparent… Source link

How low can Bitcoin go? Market analysts, including the BitMEX co-founder Arthur Hayes and the co-founder of Mobius Capital Partners Mark Mobius, said the next target for Bitcoin is $10,000, which, if the prediction is realized, would inflict more pain on the already suffering industry. Shockwaves weeks after the collapse of the FTX crypto exchange are still being felt, with lending firm BlockFi the latest victim of the spreading contagion on Monday Other high-profile entities, such as Genesis… Source link

Ethereum rose back above $1,200 on Tuesday, ahead of the upcoming consumer confidence report from the United States. The price comes following a breakout above a key resistance level of $1,180. Bitcoin also climbed higher in today’s session, ending a five-day losing streak. Bitcoin Bitcoin (BTC) snapped a five-day losing streak on Tuesday, as prices moved away from a recent point of support. Following a low of $16,054.53 to start the week, BTC/USD surged to an intraday high of… Source link

Yuri Molchan Here’s how high Bitcoin price may jump in future, per influencer David Gokhshtein, and it’s not $1 million per coin Founder of Gokhshtein Media, crypto entrepreneur and enthusiast David Gokhshtein has taken to Twitter to share his thoughts on the future of the Bitcoin price and to comment on the recent manifold articles in the crypto media he has been seeing. It seems that Gokhshtein does not believe that Bitcoin will reach the whopping $1,000,000 level in any future… Source link

Source: TradingView The Ethereum price has risen by 3.5% in the past 24 hours, reaching $1,215 amid a 2% rise for the cryptocurrency market as a whole. Its current level also represents a 9% jump in the last seven days, with this rise following comments by Ethereum co-founder – and Cardano founder – Charles Hoskinson, who recently predicted that Elon Musk’s takeover of Twitter would result in significant cryptocurrency… Source link

Litecoin showed massive improvement on the mining front but failed to attract new addresses to the network Its development activity and velocity also took a southward journey Litecoin recently appreciated by a massive 17% amidst the bear market, shocking most LTC skeptics. This left many short-term investors with an opportunity to exit their position and book a profit.                         Read Litecoin’s Price Prediction 2022-2023 Looking at the… Source link

Despite the market’s ongoing fear, the leading cryptocurrency, Bitcoin, is rebounding above the psychological level of $16,000 on November 29. Similarly, Ethereum, the second-most valuable cryptocurrency, is rising after gaining support near the $1,150 level. Major cryptocurrencies were trading mixed early on November 29, with the global crypto market cap increasing nearly 1.0% to $822.27 billion on the previous day. Over the… Source link

Litecoin price started a steady increase above the $65 resistance against the US Dollar. LTC is currently rising and might rally further towards the $100 level. Litecoin started a strong increase above the $55 and $65 levels against the US Dollar. The price is now trading above $65 and the 100 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $77.50 on the 4-hours chart of the LTC/USD pair (data feed from Kraken). The price must clear the… Source link

Ethereum is holding the key $1,150 support against the US Dollar. ETH is rising and might even clear the $1,250 resistance zone in the near term. Ethereum corrected lower, but the bulls were active near $1,150. The price is now trading above $1,180 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,195 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise steadily if it clears the $1,200 and $1,230 resistance… Source link