The ‘Bitcoin City’ Fantasy – Coindesk

Promised residential areas, shopping centers, restaurants, “everything built around bitcoin,” we live with what the market provides. Some things are prioritized. Housing is either high-end or tiny, stacked hexagonal pods. There’s a McCafe on every block. It’s probably easier to buy a second passport than groceries. When the digital economy is paramount, and the population mostly globe-trotters, not many businesses can remain going concerns. Source link

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Ethereum price threatens a steep correction to $3,300 – FXStreet

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – November 23rd, 2021

Ethereum Ethereum slid by 4.08% on Monday. Following a 3.47% loss on Sunday, Ethereum ended the day at $4,089.16. After a choppy start to the day, Ethereum struck an early afternoon intraday high $4,322.86 before hitting reverse. Falling well short of the first major resistance level at $4,380, Ethereum slid to a late intraday low $4,024.45. The extended sell-off saw Ethereum fall through the first major support level at $4,194 and the second major support level at $4,125. Steering clear of… Source link

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Litecoin price primed for 20% upswing as LTC adoption takes off

Litecoin price is hovering just above Monday’s high at $205, suggesting the start of a new uptrend. LHV Pank will allow its customers to trade LTC and other cryptocurrencies. A breakdown of the $172 support level will invalidate the bullish thesis for the altcoin. Litecoin price looks ready to reverse its temporary downtrend as it bounces off a vital demand barrier. A potential spike in buying pressure could kick-start a rally, but LTC needs to surpass one… Source link

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Polkadot, Litecoin & Dogecoin — Asian Wrap 23 Nov

Polkadot price has two powerful Point and Figure patterns in development. As a result, strong movement in the direction of either entry is expected – but the trend favors the long side of the trade. Polkadot price has two trade setups developing on its Point and Figure chart.  Litecoin (LTC) is gaining traction as the first bank in Estonia, LHV, announced trading in LTC and other crypto assets. The token now consolidates in a narrow trading range between $230… Source link

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Can Monero & Dash rally like Zcash to strengthen the “privacy coin market”?

Bitcoin’s weakened market rally and subsequent losses over the last week gave way for altcoins to steal the show. While Avalanche and Crypto.com coin were among the few top alts that rallied, some took the market by surprise like Zcash (ZEC).  Over the last four days, ZEC outperformed major altcoins and even Bitcoin in terms of price gains charting over a 50% rise in price in just four days. This price uptrend came as a part of a rebound after Electric Coin Company discussed the… Source link

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Analysts pinpoint bull and bear scenarios as Bitcoin price dips below $56K

Cooler heads are calling for a collective deep breath and a step back to see the long-term outlook for the future of Bitcoin (BTC) price and the wider crypto market, but today’s drop back under $56,000 is raising eyebrows among traders. Data from Cointelegraph Markets Pro and TradingView shows that after starting the week near $60,000, several days of bears hammering the price of Bitcoin resulted in a revisit to $55,600. BTC/USDT 1-day chart. Source: TradingView Here’s what analysts have to… Source link

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Litecoin debuts in Estonia’s LHV Pank while LTC price struggles to overcome stiff resistance

Estonia’s first bank, LHV Pank, has announced trading in Litecoin and direct investment in crypto assets. LTC price faces rejection below the $230 hurdle, and it’s demonstrating a bearish trend. Only by overcoming the $230 level can Litecoin rise towards $250. Litecoin (LTC) is gaining traction as the first bank in Estonia, LHV, announced trading in LTC and other crypto assets. The token now consolidates in a narrow trading range between $230 and $210 despite… Source link

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How Do They Compare? Benzinga

Decided you want to invest in Bitcoin or Litecoin? You can do so Robinhood for zero fees! Over the last decade there has been an increasing amount of cryptocurrency projects, each offering their own unique advantages and disadvantages. Chances are most traders are familiar with Bitcoin and Litecoin. These 2 cryptocurrencies have separated themselves from the pack, offering great utility for investors.  Though many individuals struggle to see the benefits and drawbacks of these… Source link

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Did the Bitcoin and Ethereum Bubble Burst Just Signal a Crypto Market Top?

After reaching all-time highs on Nov. 10, leading cryptocurrencies Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) are both down around 15% from their peaks. Meanwhile, Cardano (CRYPTO:ADA) and Solana (CRYPTO:SOL) are down over 20% from their highs. Fears of an impending cryptocurrency winter and crackdowns by the U.S. and China may signal a short-term market top. Here’s what to do if you’re worried about falling cryptocurrency prices. Image source:… Source link

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