WorldSpectrum / Pixabay For some months now, the explosiveness of cryptocurrency has hinged on the inflation hedging capability of Bitcoin. More investors and companies are coming to terms with the benefits of adopting Bitcoin as a store of value. While this is a great development, it raises questions concerning the original and perhaps the… Source link

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The prices of leading cryptocurrencies like bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) routinely move 10% or more peak to trough in a given week. For investors, this level of volatility can be stressful and frustrating. However, if you believe in crypto’s long-term thesis, volatility can work in your favor. Exchanges like Nexo, BlockFi, Gemini, and Coinbase (NASDAQ:COIN) pay attractive interest rates on bitcoin, Ethereum, stablecoins, and other… Source link

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Litecoin price is undergoing a pullback and might retest a crucial support barrier at $124.62. If the buyers make a comeback, investors can expect a full-blown rally to tag the range’s mid-point at $164.72. If LTC slices through $118.60 but fails to reclaim it, the bullish thesis will face invalidation. Litecoin price is in a consolidation stage and does not show a clear directional bias. However, LTC is likely to continue its correction in the short term until it… Source link

This week, we continue the conversation about Ethereum miners and how they’re preparing for changes to the reward dynamics of the network. Also, we take a look at what other asset types are popularly used on decentralized finance (DeFi) applications beyond ether (ETH).  Welcome to another edition of Valid Points. This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on crypto markets. Subscribe to Valid Points… Source link

Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment advice Litecoin‘s market slipped from its most tradable range of $174.27 in mid-June. Following this, the alt’s price dropped as low as $104.77 on 22 June. The popular digital silver has been trying to recover from this significant loss since, with the crypto’s price action hinting at a potential breakout on the charts. At the time of writing, LTC was trading at… Source link

This year’s 500% accumulated gain took Ether’s (ETH) price to a $4,380 all-time high on May 12, and this rally was even more robust than the late-2017 move. The famous bull market, or bubble, depending on how you see it, took Ether’s price on a 390% rally from $290 in November 2017 to $1,420 in mid-January 2018.  Maybe this year’s mega rally was a DeFi and NFT bubble that will take another two years to reclaim its peak, but it seems premature to make a prediction now. However, some analysts,… Source link

The ethereum network runs the ether cryptocurrency. Photo by Yuriko Nakao/Getty Images) The hotly anticipated London upgrade to the ethereum network, which will change how fees work and start to destroy ether coins, is on track to launch on August 4, developers have said. Named the “London hard fork”, the upgrade has already started to be rolled out on test versions of the ethereum blockchain. But ethereum developer Tim Beiko confirmed on Wednesday that the upgrade was ready and should… Source link

The Ethereum price has been finding reasons to rally lately even as the broader cryptocurrency market stalls. The second-biggest cryptocurrency is up more than 3% in the last 24-hour period and has advanced by more than 10% in the last week. Investors are increasingly finding reasons to be bullish — including the launch of decentralized exchange (DEX) ShibaSwap and a bullish report out of Wall Street — and they are running with both catalysts. ShibaSwap Strengthens ETH Demand ShibaSwap was… Source link