After weeks of sitting in a tight range, Bitcoin finally made a move yesterday and conquered the $9,300 resistance. The majority of large-cap altcoins also followed the upward tick, and, as usual, there are some notable fluctuations among low-cap alts. Bitcoin Is Alive The last time the primary cryptocurrency stood above $9,300 for more than...Read More
The leading digital asset management company Grayscale Investments has received approval from FINRA for public quotations for two more of its cryptocurrency products. Consequently, shares of both Grayscale Bitcoin Cash Trust (BCHG) and Grayscale Litecoin Trust (LTCN) have become the first publicly-quoted securities in the US deriving value from Bitcoin Cash (BCH) And Litecoin (LTC)....Read More
The weekend turns out to be a rather boring one again for Bitcoin’s price as the asset continues hovering at about $9,150. However, the fluctuations within the altcoin market attract attention, with numerous double-digit gainers, led by Binance’s most recent acquisition – Swipe. Twitter Hack And Bitcoin After the blatant Twitter hack earlier this week,...Read More
The continuous rise of institutional interest towards the cryptocurrency industry is exemplified by Grayscale Investments’ record Q2 2020 earnings report. The large digital asset management company announced today that it had received total investments in Q2 of over $900 million – $400 million more than its previous record. Grayscale’s Best Quarter To date The company,...Read More
Bitcoin and most altcoins have retraced slightly in the past 24 hours, after a few days of gains. Interestingly, similar price fallbacks are visible in the traditional stock markets, as the Dow Jones is down by 1.4%. Bitcoin’s False Breakout After the unsuccessful attempt to conquer $9,500, Bitcoin hovered above the significant 50-MA level at...Read More
Following days of stagnant price actions, Bitcoin finally made a move and tested the $9,500 level where it got rejected. At the same time, most alternative coins are still in the green after yesterday’s impressive gains, hinting that an altcoin season may be in the making. BTC Tests $9,500 As CryptoPotato reported previously, the primary...Read More
The past 24 hours were somewhat positive for most financial markets, including the cryptocurrency field. While Bitcoin was on the rise and gained $300 intraday, the S&P 500 index and the Dow Jones are up by nearly 2%. Nasdaq marked a new all-time high after an increase of 2.2% Crypto Market Goes Up Although Bitcoin...Read More
Development updates from the Litecoin camp have been pretty thin on the ground recently as DeFi has been taking the crypto limelight. The good news is that the project’s scaling and privacy protocol, Mimblewimble, is still on track. Lead developer David Burkett recently posted the project’s June progress update, which confirmed that it is still...Read More
Bitcoin surged above $10,000 for the first time since February, and it took the entire market with it. Altcoins are all flashing in green, as the total capitalization increased by more than $13 billion overnight. Now, a popular cryptocurrency trader pointed out that the chart of the total market cap went through the same pattern...Read More
Litecoin is poised for more gains after moving out from a four-weeks downward range. A break above 0.0050 BTC level would signal strength. The price is currently looking bullish across trading pairs. LTC/USD: Litecoin Aiming To Jump Above $48 Key Resistance Levels: $47.68, $50.7, $56 Key Support Levels: $44, $42, $39 LTC/USD. Source: TradingView For...Read More
Users of the two leading cryptocurrency hardware wallets could be at risk after a hacker offered to sell personal details of thousands of the companies’ customers. Hacker Offers HD Wallet Users’ Details As per multiple screenshots posted to Twitter, the hacker offered to sell personal details of customers from a wide range of financial services...Read More
Recent Chinese reports indicate that a new cryptocurrency scam, resembling the notorious PlusToken, has been brought to trial this week. Dubbed WOTOKEN, allegedly scammed over 700,000 users and absorbed more than $1 billion worth of Bitcoin and other digital assets. The New Chinese Threat: WOTOKEN According to local reports, the trial began on May 14th...Read More
Litecoin is currently facing monthly resistance, but the future looks very promising for the bulls Against Bitcoin, the price continued to follow a bearish sentiment on a short-term perspective If a rebound fails at the 0.005575 BTC support level, Litecoin may roll back to March low LTC/USD: Litecoin Stuck At Resistance Key Resistance Levels: $47.68,...Read More
Litecoin could start fresh increase if buying pressure increases above immediate resistance Against USD, Litecoin is following a lower low and lower high pattern on the 4-hours chart A break below 0.00585 BTC support may cause serious bearish action for the LTC/BTC pair, but a triple bottom pattern is much likely to play out. LTC/USD:...Read More
