Photo by Thought Catalog on Unsplash While you’re probably at least passingly familiar with Bitcoin, what the heck is Dogecoin? With all the noise — and it’s fair to say, craziness — associated with cryptocurrency, we thought you might like a bit of an overview. Like the off-the-rails GameStop stock hack, the cryptocurrency Dogecoin… Source link
Read More »Monero, Waves, Compound Price Analysis: 30 March
Monero showed weakness as it attempted to flip the $239.05-resistance level. Waves settled between $12.5 -$11.5, while a hike above its press-time resistance would see Compound move closer towards the $447.4-mark. Monero [XMR] Source: XMR/USD, TradingView On the 4-hour timeframe, Monero noted bullish movement as the price closed in on the $239.05-resistance. However, the overhead resistance has rejected the price on multiple occasions in March already, and this could likely be the outcome… Source link
Read More »Chipotle is giving away $100,000 in bitcoin
No, the chain isn’t accepting the cryptocurrency as payment for its Mexican dishes. Instead, Chipotle is giving away $100,000 worth of bitcoin on Thursday to celebrate National Burrito Day. The contest marks the first time a US restaurant chain has given away bitcoin, according to Chipotle. To win, Chipotle (CMG) fans can visit the website BurritosOrBitcoin.com launching Thursday to try to guess a valid six-digit code. Each player gets 10 tries during the contest, which runs from noon to 9 pm… Source link
Read More »Superstar artist Damien Hirst to sell 10,000 NFTs using a new Ethereum technology called Palm | Currency News | Financial and Business News
Damien Hirst is famous for pickling sharks and encrusting skulls with diamonds Chris Young/Getty Images Superstar artist Damien Hirst is set to become the biggest player yet to enter the world of non-fungible tokens, with plans to sell 10,000 artworks tied to corresponding NFTs in a series called “The Currency Project.” The artist, famous for putting a shark in formaldehyde and encrusting a skull with diamonds, will release his latest works on a new technology called Palm, which will… Source link
Read More »Chipotle to give away free burritos, Bitcoin for National Burrito Day
Free burritos or Bitcoin? Chipotle Mexican Grill has both up for grabs Thursday ufor National Burrito Day. The fast-casual chain announced Tuesday it will give away $100,000 in free burritos and $100,000 in Bitcoin through an interactive game. National Burrito Day is April 1 and while Mexican food chains aren’t exactly going the whole enchilada, the day hasn’t been canceled like other food days during the COVID-19 pandemic. The made-up food holiday is held annually on the first Thursday of… Source link
Read More »PayPal will let US users pay with Bitcoin, Ethereum and Litecoin starting today
We already knew that PayPal was planning to support cryptocurrencies as a form of payment. And now, the online payment app announced US customers can do just that with its “Checkout with Crypto” feature, rolling out today. After rolling out the ability for US users to directly buy and sell cryptocurrency directly from their accounts last November, PayPal’s new “Checkout with Crypto” allows users to instantly convert their Bitcoin, Ethereum, Litecoin, or Bitcoin Cash to US… Source link
Read More »LTC robust on-chain metrics could support upswing to record highs
One model reveals immense support and weakening resistance for Litecoin in the short term. A separate ratio has reset into the negative region, suggesting it is time to buy into LTC. Litecoin hit a barrier at the 100 SMA on the four-hour chart, giving way to the ongoing correction. Litecoin sustained the uptrend following support around $170. The descending parallel channel’s lower boundary support reinforced the level, leading to gains toward $200. A break above the… Source link
Read More »Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 30th, 2021
Ethereum Ethereum rallied by 7.64% on Monday. Reversing a 1.58% fall from Sunday, Ethereum ended the day at $1,815.73. A mixed start to the day saw Ethereum fall to an early morning intraday low $1,675.28 before making a move. Steering clear of the first major support level at $1,657, Ethereum rallied to a late afternoon intraday high $1,841.88. Ethereum broke through the day’s major resistance levels before easing back. The pullback saw Ethereum fall back through the third major resistance… Source link
Read More »Bitcoin and ether climb after Visa says it will allow payment settlements using cryptocurrency | Currency News | Financial and Business News
: A photo illustration of the digital Cryptocurrency, Ethereum, is seen on September 13 2018 in Hong Kong, Hong Kong. Yu Chun Christopher Wong/S3studio/Getty Images Bitcoin and ether rose on Monday after Visa announced it will enable the use of USD Coin. “The world is going crypto and a couple more Wall Street giant endorsements should be what is needed to take prices toward $75,000 over the next couple of months,” said OANDA. Visa partnered with Anchorage to carry out its first USD… Source link
Read More »Flamingo (FLM) TVL rises as Ethereum gas solutions remain elusive
Yield farming has grown in popularity over the past year alongside the rise of decentralized finance, but recently the ability to earn a good return has been limited by the high transaction costs on the Ethereum (ETH) network. As a result, yield farmers have begun exploring options outside the Ethereum network for more accessible opportunities in a low fee environment. One option that has shown steady growth in liquidity since launching is Flamingo Finance (FLM), a DeFi platform based on the… Source link
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