Bitcoin on cusp of all-time high ahead of futures ETF listing

An advertisement for Bitcoin and cryptocurrencies is seen in Hong Kong, China September 27, 2021. REUTERS/Tyrone Siu At $62,991, near its peak of $64,895 ProShares futures-based ETF expected to list Tuesday LONDON/SINGAPORE, Oct 19 (Reuters) – Bitcoin hit a six-month high and was within striking distance of its all-time peak on Tuesday as traders bet an anticipated listing of a futures-based U.S. exchange-traded fund could herald investment flows into cryptocurrencies. Bitcoin , the world’s… Source link

Read More »

BTC price is up 50% since China ‘selflessly’ banned Bitcoin mining

It’s been 150 days since China banned Bitcoin (BTC) mining — and BTC price action has only benefited as a result. Five months ago, China caused a considerable but not unsurprising stir by doubling down on its hostile environment policy toward cryptocurrency. Bitcoiners to China: Thanks for the ban Just like every “ban” before it, China’s move against miners saw temporary price turbulence, matching the biggest physical upheaval in Bitcoin’s history. As miners powered down and Source link

Read More »

$200 Target May not be as Close as it Appears

Litecoin price is trading higher as the bulls eye the psychological level of $200. According to CoinMarketCap, its market cap has risen by 1.27% while its trading volume is up by 7.64% over the past 24 hours. In comparison, the global crypto market cap has dropped by 0.74% to $2.49 trillion. At the same time, the total market volume has increased by 10.78%.     Litecoin price technical forecast LTC has extended Monday’s gains as the bulls eye the… Source link

Read More »

‘All bears will die’ — Bitcoin metric prepares to flip green for the first time in 6 months

A “favorite” Bitcoin (BTC) price signal could be about to turn bullish — and upside has always resulted, data shows. As noted by podcast host Preston Pysh on Oct. 18, the Long-Term & Short-Term Holder Realized Price Ratio (LTHSTH-RPR) looks primed to print a bull flag. Chart hints at return of the bulls It may sound wordy, but LTHSTH-RPR is one of the most accurate Bitcoin price indicators. Its creator, Bitcoin 2021 conference organizer Dylan LeClair, confirmed his own bullishness based… Source link

Read More »

LTC on the cusp of 26% breakout

Litecoin price is traversing a head-and-shoulders pattern, hinting at a breakout soon. A decisive close above the neckline at $191.20 will kick-start a 26% ascent to $243.07. A breakdown of $165.28 will create a lower low, invalidating the bullish thesis. Litecoin price is on the penultimate leg of a technical formation that will catalyze a quick bull rally. LTC needs to clear one critical hurdle to kick-start a run-up to levels last seen more than a month ago.

Read More »

Guggenheim's Minerd Predicted Bitcoin at $15K and $400K, Now He's Out Entirely – Yahoo Finance

Associated Press Ready to run: Panthers’ offense will look ‘vastly different’ Coach Matt Rhule promised the Carolina Panthers’ offense will take on a “vastly different look” moving forward after the team’s third straight loss. In an effort for the Panthers to “find their identity” with star running back Christian McCaffrey still out with a hamstring injury, Rhule plans to lean more on rookie Chuba Hubbard and the running game beginning this week against the New York Giants. “We… Source link

Read More »

What Is The Litecoin’s (LTC) Future ? – Own Snap

There have been no practical changes in the price of the token over the past 24 hours at the time of writing, although there have been falls and jumps. During this period, the worth dropped below $ 180 twice, and once rose to $ 188.35. Now the cost of the token is $ 184.18 as it was yesterday at this time.Litecoin is a better alternative to symbolic money than Etherium, as Litecoin is digital money that is faster to transact, while Etherium is not money. With the help of Remesas, people can… Source link

Read More »

This Ethereum price chart pattern suggests ETH can reach $6.5K in Q4

Ethereum’s native token Ether (ETH) has rallied by more than 415% this year to over $3,800, and two major bullish patterns developing on its charts highlight the scope for another upside move, ultimately toward the $6,200–$6,500 price range. ETH price eyes $4K resistance breakout The first decisive break above the psychological $4,000-mark, which serves as a resistance trendline to a five-month-old ascending triangle and a cup and handle pattern, could trigger a textbook price rally in the… Source link

Read More »

Why Bitcoin-Related And Ethereum-Related Stocks Are Rising Today

Cryptocurrency-related stocks, including Coinbase Global Inc (NASDAQ: COIN), Marathon Digital Holdings Inc (NASDAQ: MARA) and Riot Blockchain Inc (NASDAQ: RIOT) are trading higher amid an increase in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). The cryptocurrency markets are rallying ahead of the first Bitcoin futures ETF, which is set to begin trading on Tuesday. Coinbase is a provider of end-to-end financial infrastructure and technology for the crypto-economy. The stock… Source link

Read More »

Premarket stocks: This could make bitcoin bigger than ever

What’s happening: Hype around bitcoin is building again, with a financial tool that could boost public exposure to the digital currency poised to make its debut this week. Driving the gains: Investors are excited about the anticipated launch of the first bitcoin futures exchange-traded fund. The ProShares Bitcoin Strategy ETF will go live on Tuesday, according to the company. The fund will provide an entry point for investors who are interested in cryptocurrencies but don’t want to deal with… Source link

Read More »