BitcoinAfter a substantial 44% price surge this week, Bitcoin continued to set new ATH prices today at $42,000. The cryptocurrency started the year off underneath the $30,000 level after a strong performance in December 2020.From there, it broke $30,000 last Saturday as it continued to push higher. On Monday, there was a brief spike lower toward $28,000, but this was quickly bought up as traders closed that daily candle above $32,000.Throughout the rest of the week, BTC continued to set new...
Read More »99.3% of Ethereum Addresses in Profit as ETH Price Came $150 Away From ATH
With Ethereum’s price jumping to nearly $1,300 and nearing the all-time high of $1,450, the number of ETH addresses in profit has reached a 2-year high of over 99%.The Ethereum hash rate has also enjoyed the past several months with gradual increases and a new all-time high above 300,000.0000 GH/s.ETH’s Price Leads To Nearly 100% Addresses In ProfitThe second-largest cryptocurrency by market cap has led the recent altcoin rally with impressive gains. After becoming one of the best-performing...
Read More »Ethereum 2.0 Staking on Exchange vs. Creating Your Node: What You Need to Know
The Ethereum Network recently saw the official launch of the Beacon Chain, which is a stepping stone to the long-awaited Ethereum 2.0 upgrade, aiming to improve network speed, efficiency, and scalability. It’s a move by the Ethereum foundation to abandon the Proof of Work (PoW) consensus algorithm for the energy-efficient Proof of Stake (PoS) consensus algorithm. On top of that, we have to change terminology from having miners to having validators.Ethereum 2.0 hopes to improve transaction...
Read More »Litecoin (LTC) Price Analysis: Bulls In Control above $160
Litecoin price started a fresh increase above $150 against the US Dollar.LTC price extended its rise towards the $175 level settled well above the 55 simple moving average (4-hours).There is a key rising channel forming with resistance near $175 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher once it clears the $175 resistance zone in the near term.Litecoin price is following a bullish path above $150 against the US Dollar, similar to...
Read More »Bitcoin Price Breaks $36,000 As Protesters Storm US Capitol
The last hour saw massive volatility on the cryptocurrency market, which coincided with serious tension and protest in the US Capitol. Ultimately, after a tumultuous hourly candle, Bitcoin managed to break $36,000 and chart a brand new all-time high.Bitcoin’s price saw serious volatility during the last couple of hours. It went on a roller-coaster, dumping to a low of about $34,300 on Binance.Ultimately, the price surged right back and is currently trading above $36,000 to mark a brand new...
Read More »Jean-Jacques Quisquater et Jérémie Dubois-Lacoste sur La Première
Le professeur Jean-Jacques Quisquater, cité par Satoshi Nakamoto dans le white paper de Bitcoin, et Jérémie Dubois-Lacoste, spécialiste des cryptomonnaies, étaient ce matin les invités de Véronique Thyberghien dans l’émission Tendances Première. « En moins de 72 heures, le bitcoin a enchaîné une hausse de 20% qui l’a porté dimanche à son plus haut niveau historique, à 34.792 dollars. Une première...
Read More »Ethereum Price Analysis: ETH Spikes To 3-Year High, Only 20% From ATH
ETH/USD – Ethereum Breaks $1000 and Surges As High As $1,161.Key Support Levels: $1100, $1042, $975.Key Resistance Levels: $1140, $1161, $1200.Ethereum continued to push higher today as it broke past yesterday’s closing price at $1100 to reach as high as $1170. It has since dropped slightly as it battles with the resistance near $1140 – provided by a long term bearish .786 Fib Retracement level.The coin has been making higher highs over the past month and has surged by a total of 55.5% in the...
Read More »Total Value Locked in DeFi Projects Crosses $20 Billion Benchmark
However, the total number of Ethereum locked up in DeFi plunged from 9.4 million ETH in mid-late October to the current 6.8 million ETH locked up at the time of writing.The Total Value Locked (TVL) in all of the Decentralized Finance (DeFi) applications have crossed the $20 billion benchmark according to data from analytics firm DeFi Pulse. Per the data, the TVL locked in terms of United States Dollar is $20.57 billion with Ethereum-based lending protocol Maker, the issuer of the DAI...
Read More »Grayscale’s ETHE Shares Take 50% Hit as Ether Pump Continues
ETHE shares started to plummet on December 24, when it lost over 18% within 24 hours while Ether had seen a drop of just 3% within the same period. Grayscale has seen its ETHE shares plummet by 50% in 14 days while Ether on the other hand has continued its bullish run, gaining over 75% rise within the same time period. Grayscale’s ETHE shares started a bull run in the early stages on October 2020, gaining almost 500% in value, pushing its price from $4.20 at the start of the month and tapping...
Read More »Market Watch: Bitcoin Dominance Eyes 70% As Total Market Cap Inches From $1 Trillion
As bitcoin jumped to a fresh all-time high of nearly $36,000 earlier today, most alternative coins have followed suit. Consequently, the total market cap has reached another ATH and has neared $1 trillion, while BTC’s dominance eyes 70% once again.Exploding Alts Lead To ATH In The Market CapJust a few days ago, the cryptocurrency market plummeted in value with massive double-digit price drops from most alternative coins. However, the situation has changed completely 48 hours later.Ethereum...
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