High-profile crypto strategist and trader Michaël van de Poppe is predicting that Cardano (ADA), Litecoin (LTC), and Zilliqa (ZIL) are almost ready to ignite the next phase of their bull cycles. In a new video, the crypto analyst tells his 76,700 YouTube subscribers that Cardano is ripe to end its multi-month consolidation against Bitcoin (ADA/BTC). “If we do crack the range high, I think we’re going to have a new impulse wave and start to continue… Source link
Read More »Move over, Bitcoin. Ethereum is at an all-time high
Ethereum, or ether for short, hit a new record high Saturday of just over $2,900. Ether prices have nearly quadrupled in 2021, soaring 290%. Bitcoin has had a great run too this year, doubling in value. The total value of all Ethereum in circulation is now about $333 billion, according to CoinMarketCap. Bitcoin’s (XBT) market value is nearly $1.1 trillion. Bitcoin has soared this year in part due to increased adoption from corporate America. Musk’s Tesla (TSLA) and software firm MicroStrategy… Source link
Read More »Top Bitcoin Trader Says He’s Buying Dogecoin and Litecoin – Here Are His Price Targets
“I am officially a DOGE bag holder. Target: $1 Liquidation Price: $0 Game plan: ‘Make it back in 1 trade.’” According to the tweet, Angelo is down over $8.28 million on his Dogecoin holdings but he says the paper loss is not really a concern. “Not worried one bit. I am a professional at being underwater.” The trader also highlights that DOGE, which started as a joke, is now carving out a niche in the crypto sector and developing a clear use case. “I am officially a Dogecoin… Source link
Read More »Is Litecoin a good investment? Why haters may be wrong about the controversial cryptocurrency
Ushered into existence by Google engineer Charlie Lee on October 13, 2011, Litecoin is the 10th largest cryptocurrency by market capitalization today. Litecoin coin is an “OG” crypto. Aside from Bitcoin, no other coin has stayed in the top ten longer. BTC and LTC have held places in the charts for 410 and 409 weeks, respectively (other top performers include XRP at 396 weeks and ETH at 291). It was created following a source code “fork” of the Bitcoin Core blockchain (a fork is when a… Source link
Read More »XMR/USD Continues To Defy Gravity
Not to be outdone by the new kids on the Block. The Monero price continues to climb, putting the privacy token’s all-time high within reach. XMR/USD is enjoying somewhat of a renaissance period in 2020, with the Monero price increasing by 230% in the first four months of the year. Monero was launched in 2014 with a simple mission: Total anonymity and privacy for users of the platform. Via the use of advanced cryptography, Monero guarantees that all user and… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – May 1st, 2021
Ethereum Ethereum rose by 0.64% on Friday. Following a 0.27% gain from Thursday, Ethereum ended the month up by 44.61% to $2,776.45. A mixed start to the day saw Ethereum fall to an early morning intraday low $2,727.00 before making a move. Steering clear of the first major support level at $2,687, Ethereum rallied to a late morning intraday high $2,800.00. Falling short of the first major resistance level at $2,815, Ethereum fell back to sub-$2,730 levels before finding support. Thursday’s new… Source link
Read More »After $4.2 Billion Earthquake Sends Bitcoin Sharply Higher, Investors Brace For May Crypto Price Volatility
Bitcoin has suddenly shot higher, climbing after the expiration of $4.2 billion worth of bitcoin options contracts—allowing investors to buy or sell bitcoin at a specified price within a set time period—sent shockwaves through the crypto market. The bitcoin price, still on track to end April down, jumped around 5% after the options expiry, climbing to just over $57,000 per bitcoin before falling back—though “joke” cryptocurrency dogecoin has left bitcoin in the dust this week. … Source link
Read More »2 key Ethereum price metrics prove pro traders are behind ETH’s new highs
As Ether (ETH) made a $2,800 all-time on April 29, so did its futures open interest. The $8.5 billion figure marks a 52% monthly increase and shows robust trading activity behind the meteoric price rise. Some analysts might dismiss Ether derivatives, considering CME’s future has $355 million in open interest compared to Bitcoin’s $2.4 billion. However, Ether contracts were only launched a couple of months ago. Both FTX and Deribit require 100% full-KYC for their clients, and these markets… Source link
Read More »Bitcoin Crash vs. Correction: Do You Know the Difference?
When the price of bitcoin declines, it’s common to see the terms “crash” and “correction” used more or less interchangeably. However, the two words actually mean different things. Bitcoin crash A crash is widely regarded in traditional finance as an over-10% drop in price over the course of a single day. These are often fueled by impactful, sudden changes in the crypto market that cause panicked investors to exit en masse. While technical factors can have dramatic effects on… Source link
Read More »What is Ethereum? How to buy, price and latest news
You may have heard a lot about Ethereum, a form of cryptocurrency that’s been around since 2015 and was created as an alternative to Bitcoin. Here’s what you need to know about it in a nutshell. First, Ethereum is not actually the name of the cryptocurrency. Rather, it’s the name of a specific blockchain, a decentralized distributed electronic ledger that keeps track of all transactions in a public manner, as well as the name of a programming language to run and develop upon that blockchain.
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