Ether price (ETH) spent the last two months stuck in a rut and even the most bullish trader will admit that the possibility of trading above $4,400 in the next couple of months is dim. Of course, cryptocurrency traders are notoriously optimistic and it is not unusual for them to expect another $4,870 all-time high, but this seems like an unrealistic outcome. Despite the current bearish trend, there are still reasons to be moderately bullish for the next couple of months and using a “long… Source link
Read More »Why Bitcoin, Ethereum, Polkadot, and Solana Jumped This Weekend
What happened The cryptocurrency market continued its volatility this week, but for the time being it has been working for investors. The value of many cryptocurrencies jumped double-digits this week as investors bought riskier assets across the market. Bitcoin (CRYPTO:BTC) made a big move this week, climbing 9.7%, and is up 2.7% over the last 24 hours. Ethereum (CRYPTO:ETH) was up as much as 3.7% in the last 24 hours as of 3:00 p.m. ET and is up… Source link
Read More »Bitcoin Is Back Over $41,000 as Cryptos Regain Strength
Text size Dreamstime Bitcoin rebounded more than 10% over the last 24 hours, pushing past… Source link
Read More »Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound
Ethereum’s native token Ether (ETH) looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support level on Feb. 5. Ethereum price back above key trendline ETH price rising above its 50-week exponential moving average (50-week EMA; the red wave in the chart below) means the price also inched above $3,000, a psychological support level that may serve as the ground for Ether’s next leg up. ETH/USD weekly price chart. Source: TradingView The 50-week EMA was… Source link
Read More »Solana Launch Pay While Bitgert Planning For Paybrise, Also Cardano, Litecoin, Centcex, Matic, Avalanche Became Bullish
Solana Launch Pay While Bitgert Planning For Paybrise, Also Cardano, Litecoin, Centcex, Matic, Avalanche Became Bullish by Analytics Insight February 5, 2022 There are various crypto projects like Bitgert and Centcex. Here is more about the tip best crypto projects of 2022. The first week of February has been very productive for the crypto industry. The market has been bullish for the last three days of the week, which has seen most cryptocurrencies bully their way up the price charts. It… Source link
Read More »Japanese Police Deletes its Warning about Crypto Mining after Losing Monero Case
Source: Adobe/milkovasa The long-running Monero (XMR) mining saga that pitted Japanese web developers against the police over the matter of crypto mining software may have come to a close last month, but the police force appears to have added an intriguing coda – by removing its public warning about the dangers of crypto mining widgets. As reported in January, the case dates back to 2017 and involved a Yokohama-based music site… Source link
Read More »Litecoin Climbs 10% In Rally By Investing.com
© Reuters Litecoin Climbs 10% In Rally Investing.com – was trading at $120.800 by 19:42 (00:42 GMT) on the Investing.com Index on Saturday, up 10.12% on the day. It was the largest one-day percentage gain since November 9, 2021. The move upwards pushed Litecoin’s market cap up to $8.353B, or 0.44% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $119.600 to $121.300 in the previous twenty-four hours. Over the… Source link
Read More »Why Bitcoin Mining Stocks Soared on Friday
What happened The price of Bitcoin (CRYPTO:BTC) was suddenly surging Friday. As of 3:30 p.m. ET, Bitcoin was trading at around $40,600, having jumped 11% over the previous 24 hours. That pulled a host of Bitcoin mining stocks higher as well. For example, Bitfarms (NASDAQ:BITF), Riot Blockchain (NASDAQ:RIOT), Hut 8 Mining (NASDAQ:HUT), and Bit Digital (NASDAQ:BTBT) were up 14%, 13%, 14%, and 20%, respectively, as of this writing. But those gains were… Source link
Read More »Why Bitcoin, Ethereum, and Solana Absolutely Skyrocketed Today
What happened Mega-cap cryptocurrencies Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Solana (CRYPTO:SOL) each skyrocketed higher in early afternoon trading today. As of 1:30 p.m. ET, these three top tokens appreciated 9.8%, 12.8%, and 11.6%, respectively, over the past 24 hours. All three initially dipped this morning following a bullish jobs report. However, since then, the crypto market has followed equities higher in early afternoon… Source link
Read More »Bitcoin Attempts to Break Downtrend; Faces Resistance Toward $45K – CoinDesk
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link
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