Bitcoin (BTC)-based investment products are facing strong competition from altcoin-based products, according to cryptocurrency data company CryptoCompare. The crypto data firm says in a new report that the investment products based on Litecoin (LTC) and smart contract blockchain Solana (SOL) had better returns than those based on BTC over the 30-day period leading to November 19th. “BTC-based investment products were outperformed by Solana & Litecoin-based products, led by… Source link

As reports of a new Covid-19 strain spread, tanking the price of many cryptocurrencies, El Salvador bought the dip. The country has added 100 more bitcoins to its treasury despite a recent warning by the International Monetary Fund (IMF), bringing the total number of bitcoins purchased to 1,220. El Salvador Buys the Dip: 1,220 Bitcoins Purchased to Date El Salvador has taken advantage of the Friday sell-off and purchased 100 more bitcoins as reports of a new coronavirus variant… Source link

PALO ALTO, Calif., Nov. 27, 2021 (GLOBE NEWSWIRE) — Bitcoin Latinum (LTNM), the next generation, insured, asset-backed cryptocurrency, in partnership with Unico NFT, is launching an NFT marketplace that features thousands of digital artwork that can be bought and sold exclusively with Bitcoin (BTC) and Bitcoin Latinum (LTNM). This is the world’s first platform that enables the option of buying, selling and trading NFTs using cryptocurrencies other than Ethereum type currencies. Using a… Source link

Coin HealthCheck: Ethereum Meta (ETHM) About Meta (ETHM) is an anonymous token of a crypto project that aims to solve privacy issues on the Ethereum blockchain. Besides that, the team behind ETHM seeks to make it the daily payment method of anonymous marketplaces. Launched back in 2018, Ethereum Meta stayed low for years. Then it began to get attention after its tremendous 1,743% rally in November 2021. State of Project: Ethereum Meta smart contracts enable direct anonymous… Source link

Bitcoin’s hashrate has been volatile in recent times following the same patterns as the crypto asset’s price. Three days ago, Bitcoin’s hashrate neared the 180 exahash (EH/s) zone only to plummet to 128 EH/s two days later. The recent shifts have taken place before the upcoming network difficulty adjustment, which is due to change on Sunday. After nine increases in a row and for the first time since mid-July, the difficulty will drop lower instead of increasing. Bitcoin Hashrate… Source link

Key Takeaways High gas fees on Ethereum have highlighted the urgent need for scaling solutions. While the scaling solutions of today have seen success, they suffer from problems with composability and decentralization. ZK-Rollups improve on existing Layer 2 networks by offering enhanced interoperability and security. Share this article As the cost of using Ethereum increases, the need to scale the network has become more apparent than ever. Zero-Knowledge Rollup technology promises… Source link

Bitcoin (BTC) has stabilized at around $55,000 after dropping by $6,000 in a single day — but crypto market sentiment is still in shock. According to the Crypto Fear & Greed Index, as of Nov. 27, emotions are now at the most fearful since late September. Crypto sentiment dives into “extreme fear” Fear & Greed, which takes a basket of factors to compute a standardized sentiment score for crypto markets from 1-100, currently sits at 21. Friday took its toll on the metric, the score more than… Source link

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What happened  Cryptocurrencies dropped across the market early Friday morning as the world grapples with news of another COVID-19 variant. Stock markets fell in premarket trading, but cryptocurrencies, which trade 24 hours per day, started dropping shortly after midnight ET.  Bitcoin (CRYPTO:BTC) has been sliding for nearly a month, but that trend accelerated early Friday. The value of the largest cryptocurrency is down 7% in the past 24 hours as… Source link

Bitcoin’s price dropped below $55,000 on Friday (26 November) along with cryptocurrency prices across the board. Bitcoin has been fluctuating between $55,000 and $60,000 over the last week or so, but today it crashed below $55,000 as traditional markets were shaken by concerns over coronavirus, following the emergence of a new Covid variant in South Africa. Sign up to our daily newsletter The i newsletter cut through the noise Bitcoin price: Why is crypto down today? Cryptocurrency prices of… Source link