Cryptocurrency-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Bit Digital Inc (NASDAQ: BTBT), are trading lower amid a decrease in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). Weakness in crypto stocks may also be in sympathy with overall markets amid a rise in bond yields, which has weighed on growth sectors such as technology. Marathon Digital is focused on mining digital assets. It owns crypto-currency mining… Source link
Read More »You Can Be a Bitcoin Maximalist and Like Ethereum, Too – CoinDesk
“[S]eparatism used to be a fitting response, e.g., in 2017, when actual bad actors tried to hurt the movement,” Wertheimer said. “[H]owever, 2021 is different, the new crowds aren’t trying to hurt anyone, and separatism doesn’t achieve the stated goal of ‘educating’ anyone.” (Wertheimer did not respond to a request for comment.) Source link
Read More »A crypto exchange accidentally paid a $24 million fee for a $100,000 ethereum transaction – but the miner agreed to return it | Currency News | Financial and Business News
The ethereum network runs the ether cryptocurrency, the second-biggest after bitcoin. Dado Ruvic/Reuters Crypto exchange Bitfinex on Monday accidentally paid $24 million as a fee for a $100,000 ethereum transaction. Yet the miner who verified the transaction and received the fee has sent most of it back. Bitfinex’s mistake was an example of a “fat finger” trade and may be the biggest ethereum fee in history. See more stories on Insider’s business page. A crypto exchange… Source link
Read More »Bitcoin Price Prediction – Bears Eye a Return to sub-$40,000
After a bearish day for Bitcoin and the majors on Tuesday, it’s been a broadly bullish Wednesday morning. At the time of writing, Bitcoin, BTC to USD, was down by 0.29% to $42,059.0. A mixed start to the day saw Bitcoin rise to an early morning intraday high $42,777.0 before hitting reverse. Falling well short of the first major resistance level at $43,646, Bitcoin slid to a late morning intraday low $41,548. While steering clear of the first major support level at $41,425, Bitcoin tested… Source link
Read More »Bitcoin whales move ‘record’ BTC value as metric sounds alarm over price volatility
Bitcoin (BTC) analysts are eyeing short-term volatility as whales begin unprecedented behavior. Fresh data shows that whales have not only been highly active on the market — they’ve been moving record amounts of BTC. Whale activity beats Bitcoin all-time highs Despite BTC price action staying in a narrow, uninspiring range of around $40,000, large-volume Bitcoin investors are anything but calm. In recent weeks, these whales have shifted more coins around the network than ever before —… Source link
Read More »BTC price loses $42K after fresh rejection puts focus on ‘worst case’ Bitcoin monthly close
Bitcoin (BTC) fell below $42,000 on Sept. 28 as the largest cryptocurrency worsened overnight losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC bulls run out of steam at $44,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching local lows of $41,670 on Bitstamp. The fall followed a $1,000 hourly loss late Monday, which firmly halted any bullish hopes from the weekend’s high of $44,400. The turnaround was broadly expected. As Cointelegraph Source link
Read More »Bitcoin and Ethereum Recovery Stalls, Altcoins Struggle
Bitcoin price failed to clear USD 45,000 and started a fresh decline. Ethereum is back below USD 3,000, XRP could retest USD 0.88. OKB and HT rallied more than than 12%. Bitcoin price attempted to clear the USD 44,500 resistance, but failed. As a result, BTC started a fresh decline below the USD 43,500 support. It is currently (04:27 UTC) trading below USD 43,000 and there is a risk of more downsides. Similarly, most major altcoins… Source link
Read More »Bitcoin Explained for Lawyers | The Legal Examiner
In just ten years, the flagship cryptocurrency Bitcoin has garnered a wide range of prominent and notorious monikers: Bitcoin is…the future of money, Internet drug money, the future of the financial industry, a speculative bubble, a global currency, a direct threat to the U.S. Dollar, a looming environmental disaster, to name a few. An often completely unprecedented legal situation exists at almost every twist and turn in the cryptocurrency industry…. Source link
Read More »Monero Price Analysis: XMR Coin Price Is Ready To Break Above The 100 MA Resistance – Cryptocurrency News – The Market Periodical
Monero coin price is currently seeing a strong upside momentum which can lead it to a new high. It is trading with a gain of more than 3% in the intraday session XMR coin technical indicators hints towards an upcoming bull rally for the price. Meanwhile, XMR/BTC pair has seen a loss of more than 1.8% XMR coin price is currently seeking to break past the barrier of $300 and reach a new high . Monero price has seen a gain of more than 2% and is trading near the value of $242. XMR coin price… Source link
Read More »China’s Cryptocurrency Ban Isn’t Hurting Bitcoin Prices. Here’s Why.
Text size A pedestrian walks past signage for Ethereum, top, and Bitcoin outside the Hong Kong Digital Asset Exchange Ltd. digital currency trading store in Hong Kong, China, on Thursday, June 24, 2021. Paul Yeung/Bloomberg … Source link
Read More »