Ignoring all known rules of gravity, Bitcoin has taken for the skies, and it shows absolutely no signs of slowing down. This week the cryptocurrency is up by another 14% and is currently trading just about 6% below its all-time high of around $20,000 reached in December 2017.The week started off fairly calmly, and some were even thinking that there is a correction incoming. This wasn’t the case, as right after the weekend, BTC started moving… up. It breached its former high on Wednesday and...
Read More »Crypto Price Analysis & Overview November 20th: Bitcoin, Ethereum, Ripple, Litecoin, and Polkadot
BitcoinBitcoin went through another powerful 15% price surge this week, which saw the cryptocurrency climbing over $18,000 and reaching as high as $18,800. It was trading at $16,400 last Friday, and it struggled to break this resistance over the weekend.This change on Monday, when Bitcoin started to surge higher. It quickly managed to push above $17,000 and break the resistance at the 2018 High at $17,186. The bull run continued higher throughout the week until resistance was found at around...
Read More »Litecoin (LTC) Price Analysis: More Upsides Possible Above $80
Litecoin price started a steady increase above the $70.00 resistance against the US Dollar.LTC price traded close to $78.00 and it settled above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $66.70 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to resume its rise if it clears the $76.00 resistance level in the near term.Litecoin price is showing positive signs above $70.00 against the US Dollar,...
Read More »Grayscale Total Assets Under Management Surpasses $10 Billion
Grayscale previously reported that as of October 30, the total assets under management stood at $7.6 billion. In less than a month it has hit a new milestone.Leading digital currency investment firm Grayscale Investments LLC has reported that its total assets under management (AUM) have surpassed the $10 billion level as of November 17. According to an official update on its Twitter page, the net assets under management stand at $10.4 billion.Whereby Grayscale Bitcoin Trust leads with $8.851...
Read More »Crypto Twitter Bullies PayPal for its Definitions of Bitcoin, Ethereum, Litecoin and BCH
When the Crypto Twitter community reacts, it does so in a big way. And when the guys from the Bitcoin neighborhood unite, there’s nothing to stop them, especially when it comes to criticizing traditional financial institutions —whether they’re crypto-friendly or not. If this seems hard to believe, ask PayPal, who had to deal with significant criticism after publishing something about Bitcoin that was not swallowed easily by the Crypto Twitter community. What PayPal Did In...
Read More »Paypal ouvre son service d’achat et de vente de cryptomonnaies aux Etats-Unis
PayPal a annoncé hier l’ouverture aux Etats-Unis de son service d’achat et de vente de cryptomonnaies (Bitcoin, Ethereum, Bitcoin Cash, et Litecoin). La limite hebdomadaire d’achat est finalement 20000 USD, soit le double de ce qui a été initialement annoncé. D’autres zones géographiques pourraient être intégrées au cours du premier semestre 2021. Attention : PayPal ne permet pas le retrait des...
Read More »Litecoin (LTC) Price Analysis: Key Support Nearby at $57
Litecoin price started a downside correction after testing the $65.00 resistance against the US Dollar.LTC price is currently testing the $58.00 support and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $60.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to resume its rise if it clears the $60.00 resistance level in the near term.Litecoin price is correcting gains and trading near $58.00 against...
Read More »Smaller Assets Like Ethereum Are on the Rise
A very cool thing is happening as of late. While bitcoin makes another attempt at $20,000 – a figure it hasn’t seen in nearly three years – the currency’s positive vibes are rubbing off on other coins, such as Ethereum, Litecoin, Chainlink and Ripple’s XRP, all of which are up significantly up at press time.When BTC Does Well, Assets Like Ethereum Do WellMany people tend to speculate on how well assets correlate with each other. The truth is that in the world of crypto, all smaller...
Read More »Bitcoin Spikes to Well Over $14,000, Highest It’s Been All Year
The price of bitcoin has shot up to $14,900, the highest it’s been in a long time. This is a nine percent spike in the price over the past two days.Bitcoin Is At Its Highest Point This YearThe jump occurs during the U.S. presidential election, which is still heavily underway. Lots of additional counting is taking place in key battleground states, while some areas – such as Arizona – despite being called earlier in the race, are now again up for grabs as gaps tighten.During all this time, both...
Read More »Le Venezuela lance une plateforme étatique d’échange de cryptomonnaies
Le Sunacrip [1], organisme d’Etat vénézuélien chargé des « actifs cryptographiques », a annoncé hier le lancement de VEX [2], une plateforme d’échange dédiée aux cryptomonnaies (Bitcoin, Litecoin, Dash et Petro) qui pourront être échangées contre des bolivars. Après avoir tenté de d’imposer sans grand succès sa propre cryptomonnaie, le petro, le gouvernement Vénézuélien semble avoir modifié un peu sa stratégie. Dans un discours diffusé...
Read More »