Litecoin rallies by 27.54%, thanks to Japan’s…

Even though Litecoin hasn’t been the most-favored cryptocurrency, it has performed decently on the price chart. In fact, regulators and merchants across the globe have held it in high esteem. Moshi Moshi Litecoin Earlier this week, Japan-based news agency Nikkei reported that the Japan Virtual and Crypto Assets Exchange Association (JVCEA) would be releasing a “green list” of 18 cryptocurrencies that will be exempted from being screened every time an exchange lists them. Apart from Source link

Read More »

Bitcoin and Ethereum Spike 5% Amid Crypto Market Sunday Surge

The price of Bitcoin and Ethereum spiked on Sunday and pushed through recent price resistance as the entire crypto market pumped higher. Bitcoin is up more than 5% in 24 hours to $47,020 at the time of writing, and Ethereum is up 5% to $3,292, according to CoinMarketCap. Bitcoin is now up 14% in the past week, Ethereum up 15%. Other top coins rose as well: Polkadot (DOT) is up 7% in 24 hours, Dogecoin (DOGE) is up 6%, Solana (SOL) is up 5%, Avalanche (AVAX) is up 4%, XRP is up 3%, and… Source link

Read More »

Why Bitcoin Sailed Higher on Sunday

What happened All in all, cryptocurrencies had a good weekend, headed by the No. 1 crypto bellwether Bitcoin ( BTC 4.89% ). In mid-afternoon trading on Sunday, the token that launched thousands of other cryptos was up by nearly 5% across the previous 24 hours. That was on the back of several news items that were generally good for Bitcoin individually, and cryptocurrencies in general. So what Many investors are shedding the caution brought on by the war in Ukraine… Source link

Read More »

What’s Up With Bitcoin Stock To Flow

One of the most fascinating aspects of bitcoin is its historical meteoric price rise. Is bitcoin going to continue on this historical path or is growth going to slow, or even halt? The stock-to-flow (S2F) model, put forward by PlanB, suggests that bitcoin’s future price can be forecast quite precisely and that the price will continue a steady and impressive path upwards, with approximately tenfold returns every four years. The S2F model has attracted a lot of attention, and PlanB has… Source link

Read More »

Why Bitcoin Has No Competition

This article is the written version of a video presentation which can be viewed here: Bitcoin is outdated. Bitcoin is too slow. Bitcoin is too simple. Chances are you’ve heard one of these arguments, or maybe even made some of these claims yourself. With bitcoin sitting around $40,000 at the time of this video, many people feel as though they have missed the boat. “If I just could have gotten in at $10, $100, or even $1,000,” they think, “then I’d be set for life.” The truth, of… Source link

Read More »

81.79 ‘Sleeping Bitcoin’ From 2011 Worth $3.6M Moved for the First Time in Over a Decade – Bitcoin News

81.79 ‘Sleeping Bitcoin’ From 2011 Worth .6M Moved for the First Time in Over a Decade – Bitcoin News

As bitcoin has increased more than 5% in value against the U.S. dollar during the last week, in less than seven days, the 19,000,000th bitcoin will be mined into existence. Meanwhile, on Sunday morning, 81.79 bitcoin worth $3.65 million today and created in 2011, moved for the first time since sitting idle for more than 11 years. ‘Sleeping Bitcoin’ That Sat for Over a Decade Moved on Sunday, Data Shows 14 Spends from 2011 Occurred This Year On Sunday, March 27, 2022, the price of… Source link

Read More »

Litecoin could see these levels before continuing its current rally

With the commencement of its recent bullish rally, Litecoin (LTC) finally traded above the 20/50/200 EMA while rising within an ascending channel (white). Meanwhile, the bulls kept testing the $126-resistance. A sustained close below the $126-mark could propel the alt to retest the $122-$123 zone before the bulls continue their buying spree. Any close below its 20 EMA (red) would lead to a patterned breakdown towards the $120-mark that coincided with its immediate trendline support (white,… Source link

Read More »

Over $30 billion pumps into Ethereum’s market cap in 7 days as ETH outshines Bitcoin

Over  billion pumps into Ethereum’s market cap in 7 days as ETH outshines Bitcoin

Second-ranked cryptocurrency Ethereum appears to have found a short-term footing with the asset recording an increase in capital inflows.  Between March 20 and March 27, Ethereum’s market cap has gained about $31 billion, from $346.7 billion to $377.1 billion amid the anticipation around the Proof of Stake (PoS) upgrade. Ethereum market capitalisation in USD; LAsty 7 days. Source: CoinMarketCap.com Although the market will monitor if the recent gains will extend, Ethereum has… Source link

Read More »