{"id":7488,"date":"2021-06-14T20:03:00","date_gmt":"2021-06-14T17:03:00","guid":{"rendered":"https:\/\/alfacash.blog\/?p=7488"},"modified":"2024-02-19T21:51:38","modified_gmt":"2024-02-19T18:51:38","slug":"%e6%af%94%e7%89%b9%e5%b8%81-polkadot-litecoin-monero-show-bullish-signs-again","status":"publish","type":"post","link":"https:\/\/alfacash.blog\/zh\/2021\/06\/14\/%e6%af%94%e7%89%b9%e5%b8%81-polkadot-litecoin-monero-show-bullish-signs-again\/","title":{"rendered":"Bitcoin\u3001Polkadot\u3001\u83b1\u7279\u5e01\u548c\u95e8\u7f57\u5e01\u518d\u6b21\u51fa\u73b0\u770b\u6da8\u8ff9\u8c61"},"content":{"rendered":"\n<p id=\"block-272475e8-2e0e-41e3-bac1-5a1274fce1a5\">After the last selling debacle, Bitcoin (BTC) is finally showing some bullish signs of recovery. <strong>This Monday, it surpassed $40,000 per coin for the first time since almost a month ago.<\/strong> Meanwhile, some other cryptocurrencies followed suit. In the last week, Polkadot (DOT) has increased by over 26%, Monero (XMR) by over 21%, and Litecoin (LTC) by over 17%.<\/p>\n\n\n\n<p id=\"block-927dae36-950a-49bb-9229-4be5b2efd089\">May wasn\u2019t kind to the first cryptocurrency. Tesla rejected the payments with it due to <a href=\"https:\/\/alfacash.blog\/2021\/05\/16\/faq-cryptocurrencies-pollution-climate-change\/\" target=\"_blank\" rel=\"noreferrer noopener\">environmental concerns<\/a>, while China started <a href=\"https:\/\/alfacash.blog\/2021\/05\/27\/bitcoin-bull-run-may-continue-despite-china-tesla\/\" target=\"_blank\" rel=\"noreferrer noopener\">to ban<\/a> Bitcoin mining in some provinces. The price suffered for it, getting further and further away from its last All-Time-High (ATH) in April. However, June is being more bullish for Bitcoin. In a historical twist, El Salvador became <a href=\"https:\/\/alfacash.blog\/2021\/06\/09\/el-salvador-new-legal-paradise-bitcoin-mining\/\" target=\"_blank\" rel=\"noreferrer noopener\">the first country<\/a> to officially adopt it as legal tender.<\/p>\n\n\n\n<p id=\"block-d07df61b-1bb8-4451-b218-932124f8c347\">They\u2019re also going to mine BTC with geothermal energy. For its part, an alliance created by Elon Musk himself with Michael Saylor (MicroStrategy CEO) and other companies is aiming to promote mining with renewables. Even more recently, <strong>Musk assured that Tesla will resume the BTC payments<\/strong> once \u201cthere\u2019s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">This is inaccurate. Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market.<br><br>When there\u2019s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.<\/p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1404132183254523905?ref_src=twsrc%5Etfw\">June 13, 2021<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p id=\"block-a4e5330d-92f6-40d5-aa4d-ccc76e04933f\">Beyond this, MicroStrategy <a href=\"https:\/\/twitter.com\/CoinDesk\/status\/1404506457974923265\" target=\"_blank\" rel=\"noreferrer noopener\">has announced<\/a> a soon Bitcoin purchase of over $488 million. Additionally, inside <a href=\"https:\/\/alfacash.blog\/2020\/08\/30\/dummies-what-is-blockchain-how-it-works\/\" target=\"_blank\" rel=\"noreferrer noopener\">the blockchain<\/a>, the miners <a href=\"https:\/\/taproot.watch\/\" target=\"_blank\" rel=\"noreferrer noopener\">finally approved<\/a> the activation of Taproot and Schnorr scalability solutions for the November update. These will make Bitcoin a faster and more private currency.<\/p>\n\n\n\n<p id=\"block-864bba08-5af2-4d59-9f70-881496b054fd\">Besides, according to <a href=\"https:\/\/insights.glassnode.com\/the-week-on-chain-week-24-2021\/\" target=\"_blank\" rel=\"noreferrer noopener\">Glassnode<\/a>, Bitcoin holders are still resisting.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cA very large volume of coins was purchased in the early bull market, and have remained largely unspent. The current rate of maturation is over 400k BTC\/month which is much larger than the ~160k BTC we estimated were sold during the May capitulation event.\u201d<\/p><\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"block-10fea9fe-c686-4aed-808c-8e7dbf985187\"><strong>Not only Bitcoin is bullish<\/strong><\/h2>\n\n\n\n<p id=\"block-d0c61c4c-6b8c-40c4-b0e9-cc5788570965\">Some altcoins are also showing hopeful signs. <strong>Probably, the more remarkable of them right now are Polkadot, Litecoin, and Monero.<\/strong> Polkadot lets the users create their own chains with their own unique characteristics. Besides, Polkadot works with&nbsp;<a href=\"https:\/\/alfacash.blog\/2021\/01\/24\/what-proof-of-stake-pos-coins-passive-income\/\" target=\"_blank\" rel=\"noreferrer noopener\">Proof-of-Stake (PoS)<\/a>&nbsp;instead of traditional mining. So, everyone can stake the native token and receive proportional rewards.<\/p>\n\n\n\n<p id=\"block-026cf9bd-31b8-41c5-8771-8fd38839b272\"><a href=\"https:\/\/alfacash.blog\/2021\/06\/02\/what-happened-may-cryptocurrency-world\/\" target=\"_blank\" rel=\"noreferrer noopener\">Last May<\/a>, Polkadot was listed <a href=\"https:\/\/alfacash.blog\/2021\/05\/24\/polkadot-now-available-on-alfacash\/\" target=\"_blank\" rel=\"noreferrer noopener\">on Alfacash<\/a> and had an ATH of almost $50 per coin [CoinMarketCap]. It wasn\u2019t the only one. <a href=\"https:\/\/alfacash.blog\/2021\/03\/29\/discover-monero-how-use-it-full-privacy\/\" target=\"_blank\" rel=\"noreferrer noopener\">Monero<\/a> made it too, with $517 per coin, likely due to an important adoption growth worldwide, and new improvements inside its blockchain. This June, their General Fund even <a href=\"https:\/\/twitter.com\/monero\/status\/1401603585910190091\" target=\"_blank\" rel=\"noreferrer noopener\">received<\/a> a donation of 1,711 XMR (around $500k).<\/p>\n\n\n\n<figure class=\"wp-block-image\" id=\"block-5d893698-e3fc-4ebd-8cd2-3a473c6933e9\"><img decoding=\"async\" src=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2020\/10\/monero-gold-coin-stack2-1024x657-1.jpg\" alt=\"This image has an empty alt attribute; its file name is monero-gold-coin-stack2-1024x657-1.jpg\"\/><figcaption>Image by <em><a href=\"https:\/\/www.monero.how\/monero-stock-images\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Monero How<\/a><\/em><\/figcaption><\/figure>\n\n\n\n<p id=\"block-67aac017-5c95-428c-aaaf-c88b334a9048\"><strong>Litecoin (LTC) reached a new peak as well on May 10, with over $412 per coin.<\/strong> The amount of <a href=\"https:\/\/studio.glassnode.com\/metrics?a=LTC&amp;ema=0&amp;m=addresses.NewNonZeroCount&amp;mAvg=0&amp;mMedian=30&amp;s=1604077143&amp;u=1623715200&amp;zoom=\" target=\"_blank\" rel=\"noreferrer noopener\">new LTC addresses<\/a> has been growing by over 177% since January, and the Mimblewimble Extension Block (MWEB) upgrade is currently <a href=\"https:\/\/litecoin-foundation.org\/mweb-code-complete\/\" target=\"_blank\" rel=\"noreferrer noopener\">on reviewal process<\/a>. This update will improve fungibility and privacy for Litecoin. So, we can say that the Bitcoin and cryptocurrency market seems to be turning bullish again. Summer is coming.<\/p>\n\n\n\n<p id=\"block-3bd882f9-e58c-4cd8-80ff-eefd21b39852\"><br><em>Featured Image by Collin Weaver \/ Pixabay<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator\" id=\"block-8fdb5ab9-bcd3-4fce-80a9-1465a38b7f15\"\/>\n\n\n\n<p class=\"has-text-align-center\" id=\"block-802f383a-38ad-487b-ace5-fb7aa519677a\"><em>Wanna trade BTC, LTC, XMR, DOT, and other tokens? You can do it<\/em>&nbsp;<em>safely&nbsp;<a href=\"https:\/\/www.alfa.cash\/buy\/bitcoin\" target=\"_blank\" rel=\"noreferrer noopener\">on Alfacash<\/a><\/em><em>! And don\u2019t forget we\u2019re talking about this and a lot of other things on our social media.<\/em><\/p>\n\n\n\n<p class=\"has-text-align-center\" id=\"block-a9ab0d6c-84ec-4280-b41a-715abd03ce93\"><a href=\"https:\/\/twitter.com\/alfacash_crypto\" target=\"_blank\" rel=\"noreferrer noopener\">Twitter<\/a>&nbsp;*&nbsp;<a href=\"https:\/\/t.me\/AlfacashCommunity\" target=\"_blank\" rel=\"noreferrer noopener\">Telegram<\/a>&nbsp;*&nbsp;<a href=\"https:\/\/www.facebook.com\/alfacashstore\" target=\"_blank\" rel=\"noreferrer noopener\">Facebook<\/a>&nbsp;*&nbsp;<a href=\"https:\/\/www.instagram.com\/alfacashstore\" target=\"_blank\" rel=\"noreferrer noopener\">Instagram<\/a> * <a href=\"https:\/\/www.youtube.com\/channel\/UCOl4fdRHj8AseQ5b6z9udaw\" target=\"_blank\" rel=\"noreferrer noopener\">Youtube<\/a>&nbsp;*&nbsp;<a href=\"https:\/\/vk.com\/alfacashcrypto\" target=\"_blank\" rel=\"noreferrer noopener\">Vkontakte<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u5728\u6700\u540e\u4e00\u6b21\u9500\u552e\u5d29\u6e83\u4e4b\u540e\uff0cBitcoin \u7ec8\u4e8e\u663e\u793a\u51fa\u4e00\u4e9b\u770b\u6da8\u7684\u590d\u82cf\u8ff9\u8c61\u3002\u4e0e\u6b64\u540c\u65f6\uff0c\u5176\u4ed6\u4e00\u4e9b\u52a0\u5bc6\u8d27\u5e01\u4e5f\u7eb7\u7eb7\u6548\u4eff\u3002<\/p>","protected":false},"author":5,"featured_media":7496,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_ef_editorial_meta_date_first-draft-date":"","_ef_editorial_meta_paragraph_assignment":"","_ef_editorial_meta_checkbox_needs-photo":"","_ef_editorial_meta_number_word-count":"","footnotes":""},"categories":[47],"tags":[43,173,126,323,69,266],"class_list":{"0":"post-7488","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-trends-alfacash","8":"tag-bitcoin","9":"tag-litecoin","10":"tag-monero","11":"tag-polkadot","12":"tag-prices","13":"tag-tesla"},"featured_image_src":"https:\/\/alfacash.blog\/wp-content\/uploads\/2021\/06\/statue-2905489_1280-scaled.jpg","author_info":{"display_name":"Isabel P\u00e9rez","author_link":"https:\/\/alfacash.blog\/zh\/author\/isabel\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.9 (Yoast SEO v27.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Bitcoin, Polkadot, Litecoin, and Monero show bullish signs again<\/title>\n<meta name=\"description\" content=\"After the last selling debacle, Bitcoin is finally showing some bullish signs of recovery. 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