Bitcoin reverses Tuesday gains, while Solana joins Ethereum in fresh all-time highs

Bitcoin (BTC) fell to 24-hour lows before Wall Street’s open on Nov. 3 as a previous bull run halted at $64,000.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price inches back toward $62,000 Data from Cointelegraph Markets Pro and TradingView confirmed the return of uninspiring sideways price action after Tuesday’s volatility. As Cointelegraph reported, BTC/USD rose almost $4,000 before topping out, with momentum then fading away to produce lows of $62,400 at the time… Source link

Read More »

JPMorgan renews prediction that bitcoin could hit $146,000 – and says it’s acting more like digital gold than ever | Currency News | Financial and Business News

Bitcoin traded at around $63,160 on Wednesday. Rafael Henrique/SOPA Images/LightRocket via Getty Images JPMorgan has renewed its $146,000 long-term price target for bitcoin, which first made waves in January. The bank says bitcoin is increasingly looking like a digital alternative to gold in the eyes of investors. It said cryptos are “are an emerging asset class and thus on a multi-year structural uptrend.” JPMorgan recently published a deep dive into digital assets and… Source link

Read More »

Loopring Surges 40%, Solana Replaces Cardano as 5th-Largest Coin as Ethereum Fees Spike

Rising costs on Ethereum, the world’s largest smart-contract blockchain, appear to be driving investors to coins associated with layer 2 products facilitating faster and cheaper transactions and rival programmable blockchains. The average fee on Ethereum, known as gas, has risen by a staggering 2,300% since late June. It has more than doubled to $56 in the past two weeks alone, according to data provided by the blockchain analytics firm Glassnode, and the seven-day moving average of the… Source link

Read More »

Should You Buy Ethereum After Its Recent $4,500 High?

Cryptocurrency prices are surging yet again, and Ethereum (CRYPTO:ETH) recently reached an all-time high of around $4,500 per token. This record is the latest in a string of recent highs over the past few days, as Ethereum continues its upward trajectory. The latest price increase comes just days after the successful Altair upgrade to Ethereum’s network, which brings it a step closer to the much-anticipated Ethereum 2.0 release. While there are no… Source link

Read More »

Bitcoin trades 2% higher while Ether hits record high

‘Coin Stories’ podcast host Natalie Brunell breaks down the short-term downtrend on ‘Making Money.’ Bitcoin was trading 2% higher Wednesday morning. The price was around $62,800 per coin, while rivals Ether, the world’s second-largest cryptocurrency, hit an all time high rising to as high as $4,643, breaching the previous day’s $4,600 and taking the week’s gains to more than 10%, according to Reuters. Dogecoin was trading around 27 cents per coin, according to Coindesk. GET FOX… Source link

Read More »

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 3rd, 2021

Ethereum Ethereum rallied by 6.29% on Tuesday. Following a 0.76% gain on Monday, Ethereum ended the day at $4,595.01. A bearish start to the day saw Ethereum fall to an early morning intraday low $4,287.32 before making a move. Steering clear of the first major support level at $4,188, Ethereum rallied to a final hour intraday high and ATH $4,604.99. Ethereum broke through the first major resistance level at $4,422 and the second major resistance level at $4,521 to end the day at $4,595… Source link

Read More »

Ways to Buy Litecoin

Joining the crypto sector has been made easy over time. You can conveniently buy litecointhrough various ways, including by credit card. The purchasing process is simple even forbeginners in crypto. How to buy litecoin You can buy litecoin through various ways: Credit card or debit cardSome of the ways to buy litecoin include using credit card, or debit card. Buying Litecoin usingyour credit card is easy on various crypto platforms. All you need is a verified account, to selecta credit… Source link

Read More »

Polkadot, Litecoin & Stellar Lumens — Asian Wrap 3 Nov

Polkadot price has continued to display its leadership as an outperformer in the altcoin market. However, because it has made new all-time highs, it has entered into price discovery mode, which means the highs are unknown until market participants establish them. But buyers should be on the lookout for any weakness or drop in momentum for a steep pullback. Litecoin price action, like many altcoins, has been relatively stagnant over the past two weeks. Except for… Source link

Read More »

Litecoin buyers are piling up before LTC’s massive pump to $250

Litecoin price readies for a breakout above $250. The daily Ichimoku chart has a textbook example of an Ideal Bullish Ichimoku Breakout entry setup. Short sellers could get trapped. Litecoin price action, like many altcoins, has been relatively stagnant over the past two weeks. Except for the big spike higher on October 20th and the subsequent spike lower on October 27th, little movement worth note has occurred. But that is about to change. Litecoin price fulfills… Source link

Read More »

How deflationary is Ethereum’s digital currency Ether? | Crypto News

Ether has outperformed Bitcoin in price appreciation terms this year, even as both cryptocurrencies climbed to record highs. Fans of Ethereum are jumping on the anti-inflation narrative that has been traditionally been one of the main selling points for Bitcoiners. Ether, as the native digital currency of the Ethereum blockchain is known, saw the difference between the number of tokens issued and destroyed turn negative in the last seven days on aggregate for the first time, according to… Source link

Read More »