Global investment bank Goldman Sachs is reportedly predicting that the price of ether could rise to $8,000 by year-end. The bank’s analysts explained that cryptocurrencies have traded in line with inflation breakevens since 2019. Ether Could Reach $8K by Year-End, According to Goldman Sachs Goldman Sachs has reportedly explained in a research note circulated by the bank’s managing director of Global Markets, Bernhard Rzymelka, that the price of ether (ETH) could hit $8,000 by… Source link
Read More »The Litecoin price Building a strong base for a push towards $240
The Litecoin price shows some encouraging signs that it could soon break higher, targeting the September highs. Litecoin (LTC) is trading at $197.50 (+0.06%) this morning, which translates to a market cap of $13.6 billion, ranking it the 18th most valuable crypto asset ahead of Polygon (MATIC). Litecoin had a productive October, gaining over 25% in the month. So far, November has started in the same vein, and LTC has improved by around 3% in the first two days… Source link
Read More »Aaron Rodgers to convert part of salary into crypto: ‘Bitcoin the moon’
LibertyX co-founder and CEO Chris Yim emphasizes the importance of convenience in financial transaction. Aaron Rodgers is getting in on the Bitcoin game. The Green Bay Packers quarterback and reigning 2020 NFL MVP announced Monday he partnered with Cash App to turn part of his NFL salary into Bitcoin. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COM Green Bay Packers quarterback Aaron Rodgers (12) throws the ball into the crowd as time expires during the second half of an NFL… Source link
Read More »Ethereum shillers call for $5K ETH, and this time derivatives data is backing them up
Ether (ETH) pundits have been shouting that the $5,000 price has been ‘programmed,’ since 2018, and some go even further by calling for $20,000 over the long term. $5000 $ETH. It is programmed. — Koroush AK (@KoroushAK) October 29, 2021 A portion of these bullish calls are based on ETH 2.0 staking and the reduced inflation resulting from EIP-1559. At this time in 2017, $BTC was around $2k Just 7 months later it was almost $20k What do you think happens when the world wakes up to the APR and… Source link
Read More »Why Bitcoin, Ethereum, and Dogecoin Jumped Today
What happened Cryptocurrencies are starting off the week (and the month) well — and why wouldn’t they be? According to one well-known source of cryptocurrency, November is #CryptoLiteracyMonth! As of 11 a.m., here’s how prices look for several of the biggest names in cryptocurrency: Bitcoin (CRYPTO:BTC) is up a modest 2.5% over the last 24 hours. Ethereum (CRYPTO:ETH) is up a bit more — 3.5%. And Dogecoin (CRYPTO:DOGE) is powering ahead… Source link
Read More »Bitcoin whale indicator detects multi-month accumulation trend as BTC eyes $67K-retest
Lately, Bitcoin’s (BTC) biggest investors have been upping their reserves in sync with the ongoing price recovery, one Glassnode metric suggests. Dubbed as the “Whale Supply Shock,” the on-chain indicator represents the ratio between the amount of Bitcoin held by “whales” and “fishes.” Whales represent addresses that hold between 10,000 and 100,000 BTC, while fishes are those that hold anything between 0.001 and 1,000 BTC. A rising Whale Supply Shock reading indicates a higher degree of… Source link
Read More »Crypto’s amazing run in 4 charts
Bitcoin, Ethereum, Polkadot, Solana, Dogecoin, Shiba Inu. It doesn’t matter which, they’re all up. Cryptocurrency traders boosted the price of digital coins past their pre-selloff May peaks to all-time highs in October. The historic October climb extended beyond just crypto, of course. The S&P 500, Dow, Nasdaq, and Stoxx Europe 600 had impressive October runs (and hit all-time highs on Nov. 1). But leading them all was the king of crypto, Bitcoin, which hit an all-time high near $67,000… Source link
Read More »Powerful Crypto Rigs released by ASICWay
SUNNYVALE, Nov. 01, 2021 (GLOBE NEWSWIRE) — The rapidly evolving global market for cryptocurrency is currently abuzz with the recent introduction of three extraordinarily designed mining rigs, AW1, AW 2 and AW Pro from ASICWay ( www.ASICWAY.com ). Instead of focusing only on highly proficient and technology savvy mining stalwarts, these three products were created to allow the casual enthusiasts as well as small-time miners to make their fortune out of crypto mining by generating a… Source link
Read More »Litecoin Price CMP Near $200 Mark, For What Bulls Waiting? – Cryptocurrency News – The Market Periodical
Litecoin price at the monthly chart is trading above its all vital moving averages of 20, 50, 100, and 200-day. The crypto asset is currently trying to sustain above its vital moving averages, with the lower volume activity. The pair of LTC/BTC is trading at 0.003188 BTC with a minor intraday gain of +0.77%, and the ratio of LTC/ETH is CMP at 0.04507 ETH with a 24-hour change of -0.34% Litecoin price at the monthly chart is trading just above its vital moving averages of 20, 50,… Source link
Read More »Bitcoin higher Monday morning after October rally in cryptocurrency market
Check out what’s clicking on FoxBusiness.com. Bitcoin was trading 2.4% higher Monday morning. The price was around $62,130 per coin, while rivals Ethereum and Dogecoin were trading around $4,335 (+1.71%) 27.4 cents (3.95%) per coin, respectively, according to CoinDesk. BITCOIN’S ETF OPENS THE FLOODGATES FOR MORE The October rally by bitcoin appears to have stabilized the cryptocurrency ahead of central bank meetings in the U.S., U.K. and Australia to assess the effectiveness of… Source link
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