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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

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

Crypto markets have hit the ground running right from the start of November and as of Nov. 2, a near uncountable number of tokens have rallied to swing highs as Ether (ETH) broke above the $4,500 level and Bitcoin (BTC) recaptured the $64,000 level. Polkadot (DOT) also hit another all-time high as investors accumulated tokens leading into the upcoming parachain auctions. The climbing price of Ether comes following the recent Altair update to the Ethereum beacon chain as part of the protocol’s… Source link

D-Keine / iStock.com How much do you know about cryptocurrency? If the answer is, “Not a lot,” you’re not alone. A recent survey of 1,000 people across the U.S., Mexico and Brazil showed that 98% of people don’t understand basic crypto concepts. For instance, 90% didn’t know that the Bitcoin supply is capped at 21 million. Equal numbers didn’t understand stablecoins, either. Discover: 10 Cheap Cryptocurrencies To BuyLearn: 10 Best Crypto Research Tools You Must Have as an… Source link

Bullish volatility is on the rise and the newfound bullish momentum saw multiple tokens breakout to fresh all-time highs as traders scramble to identify which coin might be the next to embark on a moon mission. As the price of Bitcoin (BTC) rallied to $64,000, Ether (ETH) reached a new record high at $4,523. The move comes just days after the successful Altair upgrade to the Ethereum network, which was the first update to the Beacon chain, bringing the network closer to the full rollout of… Source link

Litecoin presents chances a 15% jump following an ascending triangle setup on its chart. The RSI, MACD and DMI underpin LTC’s ascent and present no correctional threats moving forward. Should LTC register a decisive close above $205, September’s local high of $224 could be its next destination.  At the time of writing, LTC traded at $200.9, up by 4% over the last 24 hours. Litecoin 4-hour Chart Source: LTC/USD, TradingView Litecoin’s ascending triangle came to light after the price… Source link

After a mixed day for Bitcoin and the broader market on Monday, it’s been a relatively bullish morning for the crypto market. At the time of writing, Bitcoin, BTC to USD, was up by 3.68% to $63,194.0. A mixed start to the day saw Bitcoin fall to an early morning low $60,661.0 before making a move. Steering clear of the first major support level at $59,484, Bitcoin rallied to a late morning current day high $63,658.0. The morning breakout saw Bitcoin break through the first major resistance… Source link

Bitcoin (BTC) abruptly hit one-week highs on Nov. 2 after days of sideways action ended in a brief but strong breakout. BTC/USD 1-minute candle chart (Bitstamp). Source: TradingView Upside action returns to BTC/USD Data from Cointelegraph Markets Pro and TradingView followed sudden volatility on BTC/USD as it gained over $1,500 in minutes. At the time of writing, $63,400 formed a focus amid the pair’s highest levels since Oct. 25. #Bitcoin ready to break out? pic.twitter.com/EHQnwyke7D —… Source link

advertisement Ethereum’s hash rate — or the blockchain network’s computing power used to mine ether (ETH) — continues to rise and now has hit a new all-time high. The current Ethereum hash rate stands at about 747 TH/s (terahashes per second), according to The Block’s Data Dashboard. It was around 465 TH/s in July when it hit a low. Since July, the hash rate has rebounded significantly. Several factors appear to have contributed to the hash rate increase, including continuous growth… Source link

Check out what’s clicking on FoxBusiness.com. Bitcoin was trading 0.54% lower on Tuesday morning. The price was around $61,725 per coin, while rivals Ethereum and Dogecoin were trading around $4,364 (+0.89%) and 27.2 cents (-0.38%) per coin, respectively, according to Coindesk. Green Bay Packers quarterback and reigning 20202 NFL MVP Aaron Rodgers is getting in on the Bitcoin game. US REGULATORS SAY ISSUERS OF ‘STABLECOINS’ SHOULD BE POLICED LIKE BANKS He announced Monday he partnered… Source link