Ethereum is currently trading at $2,300 following a tremendous rally that has seen its price increase by 28.44% in the past week. The world’s second-largest cryptocurrency is now lining up a test of the $2,600 level of resistance after closing above daily 50 exponential moving average for the first time since June 7. Much of it will also depend on if Bitcoin can close a daily candle above the $40,400 level. This would confirm a bullish breakout on Bitcoin, which would result in a subsequent… Source link

Cardano seems to struggle with the uptrend after hitting a barrier at $1.4. Litecoin corrects from $140 resistance but holds within an ascending parallel channel. Crypto assets across the board are back in the green following a recovery from the correction on Tuesday. Volatility has dominated the market following last week’s selloff, followed by an impressive trend reversal on Monday. Bitcoin rushed to $40,000 before retreating to $36,000 on Tuesday. However, as discussed, the… Source link

Ethereum Ethereum rose by 3.23% on Tuesday. Following a 1.64% gain on Monday, Ethereum ended the day at $2,300.59. A mixed start to the day saw Ethereum fall to an early morning intraday low $2,152.00 before making a move. Steering clear of the first major support level at $2,122, Ethereum rallied to an early afternoon intraday high $2,321.00. Falling short of the first major resistance level at $2,387, however, Ethereum eased back to end the day at sub-$2,310. At the time of writing, Ethereum… Source link

Bitcoin took a breather on Tuesday after a near-20% price rally over the past few days. The cryptocurrency declined from $40,000 resistance as Amazon denied rumors it will accept bitcoin payments. Bitcoin was trading around $37,000 at press time and is down about 4% over the past 24 hours.  Technical data suggests lower support around $34,000 could stabilize the current pullback.  “Going forward, we expect bitcoin to keep pushing higher and test the upper end of the $30,000-$42,000 trading… Source link

Bitcoin fell below $37,000 after briefly surpassing $40,000 following Amazon.com’s denial that its job posting for a digital currency executive meant that it will accept the token for payments this year. It later recovered to over $38,000. Earlier Monday, the job posting from the retail giant seeking an executive to develop the company’s “digital currency and blockchain strategy” had stirred questions among analysts over whether the… Source link

A “significant” decoy selection bug has been reported for Monero via the project’s official Twitter handle. According to the investigation, carried out by software developer Justin Berman, the bug “may impact your transaction’s privacy” during a brief window of time after funds have been received. If users spend funds immediately following the lock time in the first 2 blocks allowable by consensus rules (~20 minutes after receiving funds), then there is a good probability that… Source link

Monero (XMR) Software Developer Discovers Privacy Bug Affecting Monero’s Decoy Algorithm Users’ privacy are no longer guaranteed on privacy-focused cryptocurrency protocol Monero (XMR) due to the presence of a software bug in its decoy selection algorithm. Users Who Spend Monero Faster At More Risk Of Exposure According to a statement made by Monero (XMR), the bug was investigated by software developer Justin Berman. The bug, which reveals a real transaction from hundreds of decoys, only… Source link

Changpeng Zhao, CZ. Source: Twitter Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.____ Exchanges news Binance wants to set up regional headquarters and be recognized by local regulators as a financial institution, as the exchange would be breaking from its earlier decentralized model, Reuters reported, citing CEO Changpeng Zhao. (Learn more: Crypto Exchange Self-Regulation Kicks… Source link

Monero coin price has given a positive breakout on the daily chart and can soon see a new high. It can reach beyond$300 in the future. Technical indicators suggest a bullish momentum for XMR coin price . Meanwhile, XMR/BTC pair is seeing a downtrend with a loss of 6% in the intraday session. XMR crypto price is currently observing a strong bullish momentum  and can soon reach beyond $300. Monero price is currently trading near the value of $228 and has seen a gain of more than 7% in the… Source link

Trading volume of Ether, the second-biggest cryptocurrency, grew faster than that of Bitcoin in the first half of the year, according to a report out today from U.S.’s biggest crypto exchange, Coinbase Global Inc. Looking at data from 20 major exchanges worldwide, Coinbase found that Bitcoin’s trading volume for the period reached $2.1 trillion, up 489% from $356 billion over the first half of last year. In the same period, Ether’s total trading volume reached $1.4 trillion, up 1,461%… Source link