Litecoin leaps as ETH and XRP climb

Litecoin (LTC) has climbed 17% in value in 24 hours to more than $402. The altcoin – billed a lighter and faster version of Bitcoin – is up 46% in the last seven days. Ethereum’s bull run continues with a 5% rise in 24 hours to $4,128, up 33% in a week. Ether’s sibling Ethereum Classic (ETC) is at $128, well below its remarkable record show of $177 last week but still up 181% on last Monday morning and up 6% in 24 hours. Ripple’s XRP… Source link

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Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 10th, 2021

Ethereum Ethereum rose by 0.29% on Sunday. Following a 12.41% rally on Saturday, Ethereum ended the week up by 33.07% to $3,928.44. A bullish start to the day saw Ethereum rise to a late morning intraday high and a new swing hi $3,984.00. Falling short of the first major resistance level at $4,102, Ethereum fell to a mid-day intraday low $3,726.29. Steering clear of the first major support level at $3,594, Ethereum revisited $3,960 levels before easing back. At the time of writing, Ethereum was… Source link

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Why Bitcoin’s Taproot Upgrade Matters

You might have noticed some green squares floating around Twitter. Like the laser eyes, they are part of the insider signaling that creates a sense of cause and belonging. Unlike the laser eyes, they are not directly about the price – they signal support for the proposed Taproot upgrade for the Bitcoin network. Why is this important? It’s not just the benefits the upgrade brings, which are significant. Taproot is important because it reminds us of what Bitcoin is. The good stuff Before we… Source link

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What’s the Difference Between Bitcoin and Ethereum?

Yes, Dogecoin, the cryptocurrency that started as a joke and is now worth $90 billion, merits attention. But for those just beginning to take the field seriously, the two big names in the $2.2 trillion cryptocurrency market remain Bitcoin and Ether, the coin that fuels the Ethereum network. Bitcoin, the pioneer, has been on a tear, its value up about 500% in the past year. Yet it’s Ether that has been showing its older brother a thing or two, with a price jump of around 1,500% over the… Source link

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What is fuelling the stellar surge in Ethereum?

1. What is ethereum, and how does it work? Ethereum, a blockchain proposed in 2013 by Vitalik Buterin, is an open-source platform for decentralized applications. On this platform, software developers write smart contracts that control digital value through a set of criteria and are accessible anywhere in the world. Ethereum allows you to move money directly, bypassing traditional financial services companies. Ether, on the other hand, is like money and can be used for… Source link

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Crypto Experts Offer Bitcoin Predictions, Crucial Advice for Novices

Bitcoin is rapidly gaining popularity but many observers are concerned about its volatility. Insider spoke to four crypto experts to understand what the future holds. The experts also shared the most crucial information that beginners should know before investing. See more stories on Insider’s business page. Bitcoin is rapidly gaining… Source link

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4 Steps to Safely Buying Ethereum

Ready to buy Ethereum? Here’s how to get started. As you venture into the world of cryptocurrencies, you’ll quickly come across Ethereum. It’s the world’s second-biggest cryptocurrency, and it’s faster and more adaptable than its big sibling Bitcoin. Ethereum is a programmable blockchain. Blockchains are like super–sophisticated databases that are difficult to tamper with — cryptocurrencies like Ethereum and Bitcoin both use blockchain technology.Ethereum is designed so developers can use it… Source link

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Bitcoin vs. Ethereum: 10 experts told us which asset they’d rather hold, and why | Currency News | Financial and Business News

Bitcoin vs. Ethereum Getty Images AsiaPac Bitcoin has long been the dominant cryptocurrency, but recently Ethereum’s native token, ether, has emerged as more than just a clear number two. In 2021, ether has made gains on bitcoin in terms of market cap, and investors are taking note. While the two cryptocurrencies are very different in terms of their architecture and use cases, both are top options for cryptocurrency investors long-term. With that in mind, Insider decided to reach out to… Source link

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