Markets

Litecoin price is facing an increase in selling interest below $60.00 against the US Dollar.LTC price is currently trading below the key $59.80 and $57.00 support levels.There is a crucial bearish trend line forming with resistance near $57.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to break the $54.00 support area and continue lower in the near term.Litecoin price is back in a downtrend against the US Dollar and bitcoin. LTC price remains at a...

Es ist wieder ruhiger geworden, um den Bitcoin-Preis – ist es nur die Ruhe vor dem Sturm? Zum Jahresende könnte es noch einmal rund gehen, allerdings sehen einige Analysten eher die Bären vorne und warnen vor eine Abwärtsbewegung, die den Bitcoin-Preis im Dezember halbieren könnte.Bitcoin News: Bitcoin Preis stabil, doch Analysten warnenZurzeit stagniert der Bitcoin Kurs um $8.000. Doch während Optimisten noch einen Bullen-Run erwarten, sehen die Pessimisten den Bitcoin in einem Abwärtstrend....

Ethereum has seen a small increase of 0.45% over the past 24 hours and it currently trades at $177.46. Over the past week, ETH dropped by a total of 5.58%, falling beneath the short term consolidation pattern that it was previously trading within.Ethereum remains the second-largest cryptocurrency as it holds a market cap of $19.26 billion. Looking at the ETH/USD 1-day chart:Since our last analysis, ETH dropped beneath the symmetrical triangle and fell into the current support at $176.19,...

Binance Coin saw a small price decline of around 0.48% over the past 24 hours and it currently trades at $18.34. However, the cryptocurrency is now down by about 13% over the past week and by 30% over the past 90 days, making it the weakest performing altcoin out of the top 10 projects.Binance Coin is now the eighth-largest cryptocurrency with a market cap of $2.88 billion.Since our previous analysis, BNB rolled over at the resistance provided by the 200-days EMA and started to fall. It...

2017 will go down in history as probably the most pivotal year in the chronicles of cryptocurrencies. It was the year that they transitioned from being an obsession of “geeks” into something that captured the interest of governments, Wall Street analysts, media, financial institutions, and the average joe on the street.Exactly two years since the so-called “crypto bubble,” this piece tracks the evolution of the crypto market from 2017 at the price peak, until today, with a focus on new...

Michael Novogratz will be launching two different bitcoin funds.Novogratz wants to bring “the wealth of America” into the crypto market.The new funds would offer cheaper services than what competitors are offering.Galaxy Digital Holding CEO Michael Novogratz is launching two bitcoin funds that target accredited and institutional investors who have been waiting on the sidelines for a cheap and secure service way to access the pioneer cryptocurrency.Bitcoin is hovering around $8,000. | Source:...

Ripple co-founder Chris Larsen said he thought digital assets such as XRP would play a major role in the movement of money around the world. Recently, Larsen discussed the role of digital assets in the economy and the regulatory environment that must exist to advance blockchain and crypto.Ripple is the blockchain that has the highest number of transactions recorded on its blockchain in recent days. Having 1,151,101 more transfers which were almost 54% higher than the transactions executed on...

Within the cryptocurrency industry, there are a number of prominent tokens which dominate the industry and get the most attention, and just like any other market, there is a constant struggle for dominance between various firms. Some of the most popular in this regard are Bitcoin and Ethereum. Within Bitcoin, there are certain offshoots that sprung up as a result of hard forks such as Bitcoin Cash and Bitcoin SV, which is backed by controversial figure Craig Wright and while many of the...

Before now, a few car makers in the past have announced blockchain adoption for several features such as automatic toll payments and charging – as in the case of electric vehicles. According to a recent announcement, Lamborghini has now joined the league. The sports car maker has announced that it will be using a blockchain platform provided by Salesforce, for the process of authenticating its cars available on the secondary market.The usual procedure for Lamborghini authentication is a very...

Galaxy Digital Holding Ltd. started two new Bitcoin funds special because, well, they’re meant to be for a specific demographic profile of investors.Mike Novogratz (54) decided to use the fact that there is plenty of wealthy Americans aged 50-80 and, until now, they were pretty much into more traditional types of investing such as stocks or pension funds. Cryptocurrencies surely weren’t one of the ways they thought they could increase their wealth. However, Novogratz thinks there might be a...