Introduction Bitcoin has been on a tear this year, more than doubling in price. But one analyst says there’s still upside potential for the cryptocurrency — if traders are willing to stomach some short-term volatility. In a note to clients on Tuesday, Fundstrat Global Advisors managing partner Thomas Lee said …
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Today’s crypto prices: Bitcoin and ether fall more than 2%, Shiba Inu falls more than 8%
Introduction Cryptocurrency prices fell on Tuesday, with bitcoin and ether both down around 2%. Shiba Inu, a meme-based token, plunged 8%. Here’s a look at the prices of the top 5 cryptocurrencies by market capitalization as of 3:15 p.m. ET: Bitcoin (BTC) — $39,196.73 (-2.03%) Ethereum (ETH) — $2,614.78 (-2.17%) …
Read More »A bank in Kazakhstan buys Bitcoin, and the country plans to establish a crypto exchange
Kazakhstan is the latest country to join the Bitcoin craze, as a local bank has purchased the cryptocurrency. The country’s government is also planning to establish a crypto exchange. With more and more countries turning to Bitcoin, it seems that the cryptocurrency is here to stay. What is Bitcoin? Bitcoin …
Read More »The price of Bitcoin and Ethereum continues to remain stable; UNUS SED LEO is the biggest gainer today
The prices of Bitcoin (BTC) and Ethereum (ETH) have remained relatively stable over the past 24 hours. The biggest gainer in the top 10 cryptos by market cap is UNUS SED LEO (LEO), which has seen a price increase of over 3%. The price of Bitcoin and Ethereum continues to …
Read More »Two companies and four individuals are charged with pump-and-dump schemes related to cryptocurrencies
The Securities and Exchange Commission has charged two companies and four individuals with illegally profiting from pump-and-dump schemes involving three different digital assets or cryptocurrencies. What is a pump-and-dump scheme? A pump-and-dump scheme is when a group of people artificially inflate the price of a cryptocurrency by buying it in …
Read More »This indicator has hit a multi-month low that puts Ethereum on the verge of collapse
In recent months, Ethereum has been struggling to maintain its value and has even lost ground to some of its competitors. Now, a key indicator has hit a new low, which could signal that Ethereum is on the verge of collapse. The indicator hitting a multi-month low Ethereum is on …
Read More »It looks like Bitcoin will not rise in October; is the dollar the protocol for money in the future?
Bitcoin has been on a roller coaster ride this year, and it looks like October will be no different. After a brief dip in September, the value of Bitcoin seems to be stabilizing around the $10,000 mark. However, some experts are predicting that the dollar will usurp Bitcoin as the …
Read More »Offering crypto portfolios through Betterment and Gemini
For those who want to put their money in digital assets like Bitcoin and Ethereum, they now have two well-known options: Betterment and Gemini. In this article, we’ll take a look at how each of these companies work, what their fees are, and how they compare to one another. What …
Read More »Bitcoin Mining Work in 2022
Cryptocurrencies have become a popular way to buy and sell goods and services online, but what happens when the cryptocurrency you’re mining dries up? In this article, we’ll look at the future of Bitcoin mining and see if it still has value in 2022. What is Bitcoin Mining? Bitcoin mining …
Read More »Merge confusion leads to Ethereum price shakeup
Ethereum, the second-largest cryptocurrency by market capitalization, is no stranger to price volatility. However, the past few days have seen particularly erratic behavior, with prices dropping sharply then rebounding just as quickly. The root cause of this turbulence appears to be confusion surrounding a proposed network upgrade. What is Ethereum? …
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