[ad_2][ad_1] Institutional support for bitcoin is behind its current rally, notes Coin Metrics in the Dissecting the Bitcoin Bull Market study, after analyzing two hypotheses on the causes of this boom. The first refers to restrictions on existing cryptocurrencies in China, which would have prevented market participants from being able …
Read More »Market Wrap: Bitcoin Loses Momentum at $ 19.4K; Ethereum rates on the rise
[ad_2][ad_1] The number of days of billion dollar spot volume in the bitcoin market is on the rise, pushing prices higher. Ethereum’s transaction fees are also increasing as general interest in cryptocurrencies fuels demand. Bitcoin (BTC) traded around $ 18,883 at 21:00 UTC (16:00 ET). Down by 0.75% in the …
Read More »Bitcoin Could Rise To $ 100,000 By End Of Next Year As Demand Quickly Outpaces Supply, Cryptocurrency Investor Says | Currency News | Financial and business news
[ad_2][ad_1] Dado Ruvic / Reuters / Illustration Bitcoin could rise to $ 100,000 by the end of 2021, according to crypto investor Anthony Pompliano. The co-founder of Morgan Creek Digital told CNBC on Wednesday that the demand for bitcoin is rapidly outstripping supply, while the macroeconomic environment of low interest …
Read More »Ripple’s rise was short lived as XRP holders rush to exchanges
[ad_2][ad_1] Key Takeaway XRP skyrocketed by more than 200% after breaking a multi-year resistance barrier. Despite the massive gains recorded, a particular technical index suggests a correction is underway. The bearish thesis holds when looking at the number of tokens sent to exchanges in the past few days. Share this …
Read More »(ETHE) – Ethereum 2.0 jitters end when staking threshold is exceeded for launch of phase 0, cryptocurrency on the rise
[ad_2][ad_1] The next version of Ethereum (ETH) is ready to be rolled out in a phased rollout starting December 1, as the deposit agreement has reached the threshold in terms of ETH deposits for the start of the project. What happened: As of Monday, the Ethereum 2.0 deposit agreement has …
Read More »XRP Continues Rapid Rise With 15% Profit, Outpacing Bitcoin by 1,000%
[ad_2][ad_1] XRP has been one of the best performing cryptocurrencies in the last day. After lying dormant for most of the past few months, the cryptocurrency has gained over 50% in the past few days, rising from $ 0.34 to $ 0.51 at the time of writing. The coin has …
Read More »Smaller digital currencies rise as bitcoin moves towards the record
[ad_2][ad_1] The digital currencies Ethereum and XRP surged on Monday, gaining momentum as bitcoin moved towards its all-time high. Ethereum, the second largest cryptocurrency by market cap after bitcoin, has jumped 7% to its highest since June 2018, taking its earnings to over 25% in the past three days alone. …
Read More »Smaller digital currencies rise as bitcoin moves towards the record
[ad_2][ad_1] LONDON (Reuters) – Digital currencies Ethereum and XRP rose on Monday, gaining momentum as bitcoin moved towards its all-time high. FILE PHOTO: The representation of the virtual currency Ethereum standing on the PC motherboard is visible in this illustrative image, February 3, 2018. REUTERS / Dado Ruvic / Illustration …
Read More »Smaller digital currencies rise as bitcoin moves towards the record
[ad_2][ad_1] LONDON (Reuters) – Digital currencies Ethereum and XRP rose on Monday, gaining momentum as bitcoin moved towards its all-time high. FILE PHOTO: The representation of the virtual currency Ethereum standing on the PC motherboard is visible in this illustrative image, February 3, 2018. REUTERS / Dado Ruvic / Illustration …
Read More »New Ethereum-based cryptocurrencies rise 684% during the breakout of the altcoins
[ad_2][ad_1] A new crypto asset based on Ethereum posted huge gains in a span of 24 hours as the broader altcoin market ignites a furious bullish rise. 88mph (MPH) is a newcomer to decentralized finance (DeFi) that allows users to lend their crypto assets “at a fixed interest rate with …
Read More »