The overall market conditions haven’t shown any significant momentum on Tuesday’s market session as Bitcoin looks to sustain above the support level of $15200 and Ether is looking to have a positive, sustainable breakout above $450.00 The global crypto market capitalization has reached $441.02B, resulting in a decline of -0.66% over the day  The total volume traded in the crypto market in the last 24 hours stands at $122.31B resulting in an increase of… Source link

For the past two days, Bitcoin price has traded within the $14,800 to $15,500 range but the top-digital asset struggled to flip $15,500 to support.  A positive is BTC continues to make higher lows and at the time of writing the price is trying to break from the range but still encountering resistance at $15,500. While BTC price has bounced back and forth, altcoins and select DeFi tokens capitalized on the consolidation phase and turned bullish. DeFi having a day Top 3: $YAX + 73%$MTA + 35%

Ethereum Ethereum rose by 1.36% on Tuesday. Partially reversing a 2.16% fall from Monday, Ethereum ended the day at $450.89. It was a mixed start to the day. Ethereum fell to an early morning intraday low $439.36 before making a move. Steering clear of the first major support level at $432.43, Ethereum rallied to a late morning intraday high $455.51. Falling short of the first major resistance level at $458.60 Ethereum fell back to sub-$450 levels. Finding support in the 2nd half of the day,… Source link

New data from Whalemap suggests that in order to maintain bullish momentum Bitcoin price needs to hold above the $14,914 level. Whale clusters, like the bubbles shown on the chart below, form when high-net-worth investors purchase Bitcoin and do not move them. This indicates that whales accumulated BTC at that level and suggests that it will likely remain as a support area in the event of a correction. As such, in the near term, it is crucial for Bitcoin to remain above $14,914 for a prolonged… Source link

The privacy-focused cryptocurrency Monero (XMR) has recently suffered a Sybil attack. This development, shared with the industry by Monero developer Riccardo “Fluffy” Spagni, includes both interesting details and hints about the attack. Even if the Monero network or privacy is not damaged by this attack, even such an attack can be expressed as a great improvement. In order to understand the clues offered by this attack and Spagni’s statement, first of all,… Source link

MicroStrategy’s headline-grabbing bitcoin bet was a rational response to a macroeconomy in chaos, said Chief Executive Michael Saylor. Appearing Tuesday at CoinDesk’s Bitcoin for Advisors virtual conference, Saylor shed new light on one of this year’s biggest cryptocurrency stories: his software company’s recent purchases of $425 million in bitcoin.  That surprise September move by Nasdaq-listed MicroStrategy marked one of the first – and largest – embraces of bitcoin by a… Source link

The deposit contract for Ethereum 2.0 now holds 50,849 Ether (ETH), worth approximately $22 million as of publication time. This is slightly less than 10% of the minimum required stake of 524,288 ETH, or $230 million. Ethereum 2.0 is set to launch on Dec. 1 — but only if the minimum stake threshold is reached seven days before that date. Historic balance for the deposit contract by Etherscan. The influx of new deposits appears to have tapered off recently as the majority of prospective… Source link

Bitcoin recently consolidated in a tight range below its bear-market high before breaking out. Ethereum may now be following a similar pattern. Click here to view the related idea and chart analysis on TradingView. Advertisement

The price of Bitcoin (BTC) has seen extreme volatility in the past 24 hours. After the Dow Jones Industrial Average abruptly rose by more than 800 points, BTC plunged in tandem with gold. Within five hours of achieving a four-day peak at $15,840, the dominant cryptocurrency abruptly plummeted 6.5%. Following the correction of BTC, analysts and traders remain divided on its near-future prospects. The short-term pullback of Bitcoin, which happened within several hours, was beneficial for BTC… Source link

Bitcoin (BTC) has chalked up a stellar price rally in the past two months, reaching 33-month highs close to $16,000. The uptrend began in early September after buyers bought a dip below $10,000, and gathered pace in the second half of October. Last week, prices reached a high of $15,971, a level last seen in January 2018. That’s a 63% price gain in eight weeks, according to CoinDesk’s Bitcoin Price Index. Over 2018 and 2019, bitcoin often languished below $10,000, struggling to recover… Source link