Bitcoin Cryptocurrency Bitcoin Ethereum Litecoin Monero

Bitcoin (BTC) remains in a state of calm, but not social media. Ever since Facebook CEO Mark Zuckerberg shared the pic of his pet goat named Bitcoin on Tuesday, the Crypto Twitterati are abuzz with speculation and predicting a moon shot for the biggest cryptocurrency by market value.  But one analyst studying patterns in price charts says the cryptocurrency may suffer a deeper pullback before resuming the uptrend. The prediction is based on the MACD histogram’s recent drop below zero… Source link

The price of cryptocurrency ethereum has surged in recent weeks. It still has “significant” upside, says FalconX’s Aya Kantorovich. She shared nine digital tokens to take advantage of ethereum’s tailwinds. See more stories on Insider’s business page. A revolution in the financial world is brewing, and quickly.  The digital asset space… Source link

The past few days in cryptocurrencies have been among the most striking yet: a token just days old hit a $45 billion market value, Dogecoin was used to pay for a space mission and Ether scaled new peaks. As day traders and Wall Street pros strive to make sense of it all, Yassine Elmandjra, crypto analyst at Cathie Wood’s Ark Investment Management LLC, is focused on what the sector represents for him: a new paradigm for transferring and preserving wealth, with Bitcoin and Ether at the… Source link

Bitcoin and cryptocurrency prices have exploded this year, helped higher by the Federal Reserve pumping trillions of dollars into the system in order to bolster an economy ravaged by the coronavirus pandemic. The bitcoin price has soared to around $60,000 per bitcoin, up from just under $10,000 this time last year. Meanwhile, rival cryptocurrency prices, including ethereum and a range of smaller competitors, have also leaped higher (while “joke” memecoins have also surged). Now, as… Source link

The Monero price rally continued this week as part of the overall cryptocurrencies rally. It is trading at $450, which is slightly below the all-time high of $515. XMR has a market cap of more than $8.2 billion and is the 25th biggest digital currency in the world. What happened: For starters, Monero is a digital currency that was started by Nicolas van Saberhagen in 2014. He was inspired by the success of Bitcoin. In fact, his goal was the same as that of Satoshi… Source link

Litecoin price shows an increase in short-term bearish momentum that has led to a 4% decline. A breakdown of the immediate demand zone extending from $352.16 to $365.26 will result in a 7% drop. Investors can expect buyers to scoop up LTC at a discount, catapulting it upward by 25% to $413. Litecoin price shows a bearish bias that could result in a sell-off to a pivotal support barrier. A bounce from this level seems likely to push LTC to retest its recent swing… Source link

Widely-followed crypto trader Kaleo has sky-high expectations for Litecoin (LTC), Binance Coin (BNB), and one untapped altcoin. In a new tweet, Kaleo shows a chart indicating a massive price target for Litecoin at $2,000. “This is why I am buying spot Litecoin every day it’s under $500.” Source: Kaleo/Twitter As for Binance Coin (BNB), Kaleo sees the red-hot exchange token going on an explosive rally to the $1,000 level after it takes out resistance… Source link

The most recent Bitcoin mining subsidy halving occurred officially one year ago today, on May 11, 2020. In recognition of the event, let’s take a look back at what has transpired in the Bitcoin market over the last year and a look forward to what it could have in store. The Importance Of The Halving’s Quantitative Tightening Following the record plunge across all asset classes during the global liquidity crises at the beginning of March 2020, record monetary and fiscal stimulus had bitcoin… Source link

Getty Images SOPA Images/LightRocket via Getty Images I’ll make this one quick, because it’s pretty straightforward. If bitcoin doesn’t rally if and when stocks are under pressure due to inflationary worries (i.e., now), it will likely set off an excruciating downtrend as king crypto’s mythos unravels and people come to terms with what it’s likely been about all along: selling to the next guy. A lot of people have infamously written “bitcoin is dead” articles…. Source link

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