Disclaimer: The CoinMarketCap cryptocurrency community price estimate is based only on the votes of its users. Estimates do not guarantee end-of-month prices. Bitcoin (BTC) reached its highest level in more than a week on Tuesday, September 27, when it surpassed $20,000. Despite this, the cryptocurrency still has trouble breaking out of its narrow trading range. As a result, several traders and investors are now focusing on the crypto’s next target price by October 31, given the… Source link
Read More »S. Korean Authorities Look to Freeze $67M Bitcoin Tied to Terra's Do Kwon – CoinDesk
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Read More »More ancient Bitcoin leaves its wallet after 10-year hibernation
Bitcoin (BTC) is seeing some of its oldest coins come back to life after a decade lying dormant. The latest on-chain data reveals that two-year BTC price lows have reawakened the most ancient part of the supply. “Very old” Bitcoin come back to life As BTC/USD returns to levels not seen since Q4 2020, questions are arising over how long-term holders will respond. The on-chain picture is mixed — the dormant supply is aging, but certain old hands are showing signs of wanting to sell at current… Source link
Read More »Cryptoverse: Bitcoin miners get stuck in a bear pit
A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register Sept 27 (Reuters) – Spare a thought for the beleaguered bitcoin miner. In late 2021, miners were the toast of the town with a surefire path to profit: hook powerful computers up to cheap power, crack fiendishly complex maths puzzles and then sell newly minted coins on the booming market. A… Source link
Read More »Monero Price Prediction: XMR Trades Towards Resistance!
Monero is a privacy-centric cryptocurrency that is popular as a global payment solution because many users think private transactions are an important human right. Indeed, it is a highly competitive industry, and many cryptocurrencies offer similar services, so it is tough to get a competitive advantage in the future. Moreover, government regulations might ban these cryptocurrencies because private transactions can be a threat to the world economy. That is why many experts think it is not… Source link
Read More »John Bollinger Spots Squeeze on Litecoin Chart
Alex Dovbnya Veteran trader John Bollinger believes that one of oldest altcoins is approaching “squeeze territory” Veteran trader John Bollinger has noted that Litecoin, one of the oldest cryptocurrencies, has been trading in a tight range for almost six months. Image by tradingview.com The “silver to Bitcoin’s gold” has now formed a squeeze on the weekly chart, according to Bollinger. Such periods of anemic price action are typically followed by periods of extreme volatility. A… Source link
Read More »Bitcoin (BTC) price surges to top $20,000 even as stocks hit 2022 lows
Bitcoin continues to trade in a tight range of $18,000 to $25,000 mark, keeping investors on edge about where the price is going next. The crytpo market has been plagued with a number of issues from collapsed projects to bankruptcies. Nurphoto | Getty Images Bitcoin topped $20,000 on Tuesday, hitting its highest level in the more than a week, but is still struggling to break out of its tight trading range. The world’s largest cryptocurrency was more than 7% higher at $20,265.95 at around 3:30… Source link
Read More »Bullish momentum accelerates as LTC jumps to $54.80
The current Litecoin price analysis is showing a relatively greater level of bullish momentum as the LTC/USD pair has surged to break above the $54.80 level. The price is now trading very close to the $55.26 resistance area, which is likely to provide some significant selling pressure in the near term. The support for the crypto pair has been raised to the $52.22 level. The LTC/USD pair is currently trading in a strong uptrend as the coin has increased by over 3.89% in the past 24 hours…. Source link
Read More »Litecoin (LTC) has a Neutral Sentiment Score, is Rising, and Underperforming the Crypto Market Monday: What’s Next?
Litecoin (LTC) gets a neutral rating from InvestorsObserver Monday. The crypto is up 1.13% to $53.45 while the broader crypto market is up 1.32%. Litecoin has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Neutral Over the last five days, Litecoin has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of… Source link
Read More »Market Wrap: Bitcoin Pushes Higher as Traditional Markets Decline – CoinDesk
Ether (ETH) rose 2.6% and is maintaining a strong 30-day correlation coefficient (0.78) to BTC’s price. Correlations range between 1.0 and -1.0, with the former implying a direct relationship, and the latter implying a completely inverse relationship. Given their strong relationship, it’s unsurprising that ETH moved in tandem with BTC both in direction and in volume over the weekend. ETH reclaimed the psychologically important $1,300 mark. The supply for the second-largest cryptocurrency… Source link
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