Litecoin Falls 10% In Rout Investing.com – was trading at $105.941 by 23:34 (03:34 GMT) on the Investing.com Index on Tuesday, down 10.24% on the day. It was the largest one-day percentage loss since June 21. The move downwards pushed Litecoin’s market cap down to $7.127B, or 0.60% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $105.941 to $115.025 in the previous twenty-four hours. Over the past seven days,… Source link

Recent data collected from Glassnode shows an increase in daily Ethereum Validator nodes joining Ethereum’s Proof of Stake testnet. But why does this matter, and how does this affect Ethereum’s future value? If you aren’t familiar with Ethereum 2.0, you should know a few things about this radical upgrade to Ethereum’s network. The main change in the ETH2 upgrade is its consensus model, essentially how transactions are verified on the blockchain. Ethereum, like Bitcoin,… Source link

Bitcoin’s selloff accelerated Monday, pushing it closer to US$30,000 once again. The world’s largest digital coin, down as much as 3.3 per cent at one point during the session, continues to ebb closer to the pivotal round-number level, trading around US$30,628 as of 9:41 a.m. in New York. Chartists are watching to see if it breaks below that support, which could exacerbate its decline and set it up for its lowest close since the start of the year. The retreat comes amid a broader… Source link

Reuters Stocks on worst run in 18-months amid global COVID-19 surge Risk-aversion ruled on Monday as a surge in worldwide coronavirus cases drove down bond yields and left stocks facing their longest losing streak since the pandemic first hit global markets 18 months ago. Europe’s STOXX 600 saw its worst morning in two months and London’s FTSE fell over 2% as Britain’s ‘freedom day’ when it lifted COVID restrictions was overshadowed by its double-jabbed health minister contracting the virus. … Source link

Bloomberg Stock Selloff Deepens, Bonds Climb on Virus Spread: Markets Wrap (Bloomberg) — Stocks slumped around the globe and bonds climbed as the spread of the delta variant cast a pall over the economic recovery.All major groups in the S&P 500 retreated, led by commodity, financial and industrial companies. Airlines and cruise operators tumbled amid concern over further travel restrictions, while a gauge of small caps slid about 2%. European shares headed for their biggest slide this year,… Source link

Anthony Di Iorio, co-founder of ethereum. Decentral Anthony Di Iorio, a co-founder of the ethereum blockchain, is wrapping up his time in the cryptocurrency world due to personal safety concerns, and because he no longer wants to be known as the “crypto guy.” He recently told Bloomberg he wasn’t too encouraged by the risk profile attached to the industry. “I don’t feel necessarily safe in this space,” he said. “If I was focused on larger problems, I think I’d be safer.” The 48-year-old… Source link

Bitcoin Bitcoin, BTC to USD, fell by 7.09% in the week ending 18th July. Following a 2.93% loss from the previous week, Bitcoin ended the week at $31,820.0. In a mixed start to the week, Bitcoin rose to a Monday intraweek high $34,655.0 before hitting reverse. Falling short of the first major resistance level at $35,662, Bitcoin slid to a Friday intraweek low $31,044.0. Bitcoin fell through the first major support level at $32,445 before briefly revisiting $32,450 levels. Coming up against the… Source link

Boxing legend Mike Tyson spurred a full-on cryptocurrency debate that attracted advocates of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and other altcoins. What Happened: The former heavyweight champion asked on Twitter Inc’s (NYSE:TWTR) platform “Which do you prefer, BTC or ETH?”  See Also: How To Buy Ethereum (ETH) Jack Dorsey, CEO of Twitter and Square Inc (NYSE:SQ) pitched for the apex cryptocurrency. https://t.co/0j3aZAXcwp — jack (@jack) July 18,… Source link

Ethereum Ethereum fell by 0.44% on Sunday. Partially reversing a 1.20% gain from Saturday, Ethereum ended the week down by 11.67% to $1,891.46. A mixed start to the day saw Ethereum rally to an early morning intraday high $1,994.40 before hitting reverse. Ethereum broke through the first major resistance level at $1,929 and the second major resistance level at $1,959. Falling short of $2,000 levels, however, Ethereum slid to a late afternoon intraday low $1,878.67. Steering clear of the first… Source link