As Bitcoin registers a 7.19% three-day rise at press time, altcoins like Tron and Litecoin bagged similar gains to flip their 20-SMA’s as immediate support levels. The king coin would need an uninterrupted volume-backed rally to reverse the current sentiment and with it, the overall market trajectory. Contrarily, Terra entered into price discovery and poked its ATH on 22 December. Terra (LUNA) TradingView, LUNA/USDT LUNA witnessed a massive upturn after a down-channel breakout on 14… Source link
Read More »Monthly Archives: December 2021
Monero Price Predictions: What’s Next for the XMR Crypto as Investors Look for Privacy?
One thing that’s obviously on crypto investors’ minds right now is privacy. As government interests pivot toward digital currency, and the ways in which it can be controlled, investors are looking to cycle their investments. Cryptos like Bitcoin (CCC:BTC-USD) are being overlooked in favor of those like Monero (CCC:XMR-USD). Now, the XMR crypto is turning into one of the most popular investments as we close out 2021. As such, all eyes are on Monero price predictions. Source:… Source link
Read More »Bitcoin hash rate nears record 200EH/s as 100K BTC turns ‘illiquid’ every month
Bitcoin (BTC) is about to hit a new all-time high in one essential area — and major mining pools have likely already clinched the title. Data from monitoring resource MiningPoolStats shows that, as of Dec. 20, the Bitcoin network hash rate is practically at its highest ever. Hash rate vanquishes specter of China Despite the price comedown from $69,000, hash rate is steaming higher, and the chunk of computing power from known pools is now at a historic peak. Hash rate refers to the computing… Source link
Read More »We’ll soon pay for Mullvad VPN with Monero and other cryptocurrencies
by Alexandru Poloboc News Editor With an overpowering desire to always get to the bottom of things and uncover the truth, Alex spent most of his time working as a news reporter, anchor, as well as TV and radio… Read more We live in an era where we can order pretty much everything we want over the internet, with just a few clicks. Paying with cash is so yesterday and… Source link
Read More »'Spider-Man: No Way Home' Download Installs Cryptominer – Threatpost
The origin of the Monero cryptominer file has been traced to a Russian torrent website, researchers report. Global buzz around the release of Spider-Man: No Way Home is making tons of online noise – an ideal environment for cybercriminals to spread a Monero cryptominer disguised as a download of the newly released film. A torrent download of Spider-Man: No Way Home is circulating, infected with a persistent Monero cryptominer,… Source link
Read More »Litecoin Price Prediction as Fear Remains the Prevalent Emotion
Litecoin price has been within a horizontal channel since earlier in the month as fear remains the dominant emotion in the crypto market. The crypto fear & greed index is at 34 in Thursday’s session. Granted, this is an improvement from last week and month’s fear levels of 29 and 33 respectively. However, it is a decline from the previous session’s 45. With the subsequent risk aversion, the altcoin will likely remain in a bear market in the short term. Litecoin price… Source link
Read More »SEC Rejects Kryptoin Spot Bitcoin ETF Proposal – CoinDesk
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk English Source link
Read More »Market Wrap Year-End Review: Bitcoin Peaks as Coinbase Goes Public – CoinDesk
Hello, Market Wrap readers! During the final two weeks of 2021, we’re using this space to recap the year’s most dramatic moments in cryptocurrency markets – and highlight the key lessons from this fast-evolving corner of global finance. Over a series of eight posts starting on Dec. 20 and running through Dec. 30, we’ll recap what shook crypto markets this year. (For the latest digital-asset prices and news headlines, please scroll down.) Source link
Read More »Uniswap goes live on Ethereum scaling network Polygon
advertisement Decentralized exchange protocol Uniswap has gone live on Polygon, an Ethereum-focused scaling platform. Last month, Polygon co-founder Mihailo Bjelic submitted a proposal on the Uniswap governance portal to deploy Uniswap v3 on Polygon. The Uniswap community then voted to accept the proposal last week. More than 72 million Uniswap (UNI) token holders supported the move, and as a result, Uniswap is now live on Polygon. In other words, Uniswap users can now swap tokens using… Source link
Read More »Avalanche, Algorand, Litecoin Price Analysis: 22 December
The last two days witnessed a notable recovery for most alts as Ether crossed the $4,000-mark. But the bears were quick to prevent a sustained bullish rally. Accordingly, Litecoin continued its descending triangle while flashing weak near-term technicals. Avalanche found immediate testing support at the 23.6% Fibonacci level while Algorand struggled to cross the $1.39-mark. Avalanche (AVAX) Source: TradingView, AVAX/USDT AVAX was one of the few cryptos that constantly found higher
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