Ken Griffin – Founder and Chief Executive Officer at the multinational hedge fund Citadel LLC – remains skeptical on bitcoin and its use cases. He believes that another cryptocurrency project such as Ethereum will become the most dominant in the digital asset universe. Bitcoin Might Be Replaced at the Top Despite its ups and downs throughout the year, bitcoin has more than doubled its value in the past eleven months. Institutional adoption and significant support from...
Read More »Litecoin (LTC) Price Analysis: Bulls In Control Above $240
Litecoin price found support near $200 and started a fresh increase against the US Dollar. LTC price is now trading above $220 and the 55 simple moving average (4-hours). There was a break above a key declining channel with resistance near $200 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise towards $320 unless it fails to stay above the $220 level. Litecoin price is climbing higher above $240 against the US Dollar,...
Read More »Could an Ethereum ETF Be On Its Way Soon?
Analysts are claiming that an Ethereum-based futures exchange-traded fund (ETF) could be released as early as the first quarter of next year. The Possibility of an Ethereum ETF? The big news in 2021 is that a bitcoin ETF has finally made it to market. The product was released just a few weeks ago by a company called Pro Shares. It began trading on the New York Stock Exchange (NYSE) and received positive reviews from analysts and traders alike. However, there was one big...
Read More »Ethereum and Other Assets Surge; Could a $3 Trillion Crypto Market Cap Be Close?
Many crypto analysts believe the digital currency space is likely to hit $3 trillion in the coming weeks given how many assets – including Ethereum, Solana and Binance’s BNB Coin – have experienced heavy price surges. Ethereum and Other Assets Are Pushing Ahead These, along with several other currencies, have experienced “double-digit” gains over the past few weeks. In addition, bitcoin has been scaling back, which has ultimately given many of the world’s smaller tokens...
Read More »Faire des NFT artisanaux sur Bitcoin 1 – Réflexions générales sur les NFT
Il y a une année, lors de la campagne de crowdfunding de Printeurs, je proposais une contrepartie originale : Un e-book personnalisé de Printeurs, dédicacé par l’auteur et horodaté sur Bitcoin. En gros, je proposais une sorte de NFT sur Bitcoin pour l’e-book Printeurs, je vais donc revenir sur cette aventure. Qu’est-ce qu’un NFT selon moi Un NFT (Non Fungible Token) est un « marqueur cryptographique spécifique » que l’on peut ajouter à une blockchain publique...
Read More »Ethereum Price Analysis: ETH Consolidates Below $5K But a Bearish Divergence Looms
Key Support level: $4,354 Key Resistance level: $5,075 The momentum behind ETH remains very strong, which has pushed prices higher and higher. The expectation to see ETH at $5,000 is on everyone’s mind, and this price level is less than 5% from the current all-time high. This should be an easy target to reach for ETH considering the price action. However, there are a few warning signs that the bears may prepare a trap for the bulls as they push the price to the current...
Read More »Polygon and 123 Swap Have Formed a Partnership to Expand 123 Swap Network
Many members of our 123 swap community have experienced the benefits of seamless peer-to-peer crypto-asset swapping, with numerous successful project launches planned for 2021 on the 123 swap platform. By adding additional potential blockchain networks, the team at 123 swap is continuing to look for methods to make swapping, holding, sending, receiving, earning, and investing tokens across different chains increasingly easier for our partner projects and users....
Read More »Ethereum Name Service Airdrops DAO Token, ENS Price Up 160% After Launch
Ethereum Name Service (ENS) – a popular system for decentralized naming – has just airdropped its new governance token on existing name registrants. Twitter is bustling with excitement as some name holders rake in incredible gains from its fast appreciating value. The Purpose of ENS Token On November 1st, Brantley.Eth – director of operations at ENS – announced and explained the recent airdrop. In the name of decentralization, he said the team would be “passing ENS governance...
Read More »JPMorgan Report Insists Ethereum May Be a Stronger Fit Than BTC
Just a few days ago, JPMorgan announced that it felt bitcoin was in line to reach a whopping price of roughly $146,000 per unit. Despite this big news, the financial giant is now claiming that its primary competitor Ethereum is still the better bet for crypto fans. JPMorgan Report Says Ethereum May Be Stronger Than BTC This statement came out in a recent report published by JPMorgan, in which analysts talk about rising interest rates and ongoing inflation. The company...
Read More »BitMEX Launches Tether (USDT) Margined Contracts
According to an exclusive press release shared by BitMEX, Tether (USDT) is slated to go live on the crypto exchange on 10th November at 04:00 UTC. With this, the traders can now formally begin margin trading and settle with Tether issued on the Ethereum network, i.e., ERC20-USDT on BitMEX. Diversification in BitMEX’s offerings Extreme price volatility during market downturns and sporadic rallies are a continuously growing part of the crypto landscape. Hence, market players...
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