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Ethereum Ethereum fell by 2.63% on Thursday. Reversing a 1.05% gain from Wednesday, Ethereum ended the day at $1,776.4. A bullish start to the day saw Ethereum rise to an early morning intraday high $1,850.00 before hitting reverse. Falling short of the first major resistance level at $1,863, Ethereum slid to a late intraday low $1,758.40. The pullback saw Ethereum fall through the first major support level at $1,764 before finding support. Late in the day Ethereum revisited $1,795 levels before… Source link

Bitcoin and cryptocurrency prices have soared this week, with the combined value of the crypto market again nearing $2 trillion. The bitcoin price, after starting the year at around $30,000 per bitcoin, has doubled—soaring due to Wall Street institutional adoption and corporate interest from the likes of Tesla billionaire Elon Musk (and more buyers could be on the way). Now, Deutsche Bank analyst and Harvard economist Marion Laboure has predicted “the next two or three years should be… Source link

Ether (ETH), the native cryptocurrency of Ethereum, has failed to break out once more against Bitcoin (BTC) with BTC/USD rallying by more than 8% on March 18. There are two likely reasons why the ETH/BTC pair is failing to break through an important resistance level. First, BTC rallied strongly in a short squeeze after the majority of the market was short throughout the past few days, outperforming most alternative cryptocurrencies. Second, the overall macro landscape for the risk-on market is… Source link

The bitcoin price has soared in 2021 NurPhoto/Getty Images Bank of America research shows bitcoin’s immense environmental footprint. It is one one of the biggest carbon-emitting sectors, on a par with huge firms and even the US federal government. Other less climate-related concerns include use of bitcoin in cybercrime such as money laundering. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Bitcoin’s energy consumption is comparable to that… Source link

Launching additional 40 nodes, increasing total staked to 7,680 ETH valued at approx. $13.8M Silver Spring, MD, March 18, 2021 (GLOBE NEWSWIRE) — BTCS Inc. (OTCQB: BTCS) (“BTCS” or the “Company”), a digital asset and blockchain technology focused company, today announced its recently expanded transaction verification services operation on ethereum 2.0 is fully operational with all 200 nodes generating revenue. The Company expects to launch an additional 40 nodes, expanding its… Source link

Visa announced its new global partner, cryptocurrency platform Crypto.com. The alliance enables … [+] Crypto.com to continue the roll-out of its card program, the largest Visa initiative of its kind, and introduce a new crypto lending product. Getty Images Today, Hong Kong-based payment and cryptocurrency platform Crypto.com announced a global partnership with Visa that also includes principal membership in Visa’s network in Australia. The company also… Source link

Bitcoin’s bull run looks set to continue after the Federal Reserve reconfirmed its pro-stimulus stance this week. “The narrative for bitcoin as the preferred store of value has only strengthened in the wake of Powell’s comments,” Matthew Dibb, co-founder and COO of Stack Funds said. “Our outlook on BTC remains very bullish, recent retracement to $53,000 was a short-lived pull back before the cryptocurrency makes way to fresh all time highs.” Fed Reserve Chair Jerome Powell pushed… Source link

Topline Booming institutional adoption has lifted the world’s largest cryptocurrency to meteoric new highs this year, but bitcoin’s underlying technology has also piqued the interest of central banks looking to forge their own digital currencies–a move that Bank of America warned Wednesday is bad news for the cryptocurrency market. “Central bank digital currencies are kryptonite for crypto,” Bank of America analysts say, and … [+] Europe could be debuting one as… Source link

The Litecoin price is crawling back as traders react to the latest FOMC decision. The LTC is trading at $206, which is 8.45% above yesterday’s low of $190. Litecoin is now valued at more than $13 billion and is the 9th biggest digital currency in the world. On the other hand, the Bitcoin price has jumped to almost $60,000 as bulls target the all-time high of $62,000. The background: Litecoin is one of the best-known cryptocurrencies in the world. It is also one of the oldest… Source link

Ethereum Ethereum rose by 1.05% on Wednesday. Following on from a 0.67% gain on Tuesday, Ethereum ended the day at $1,824.74. A bearish start to the day saw Ethereum slide to a mid-day intraday low $1,742.0 before making a move. Steering clear of the first major support level at $1,735, Ethereum rose to a late intraday high $1,841.13. Falling short of the first major resistance level at $1,848, Ethereum eased back to end the day at $1,820 levels. At the time of writing, Ethereum was up by 0.40%… Source link