What happened Today’s price action in the wide world of cryptocurrencies has been broadly negative. Indeed, when the three largest tokens by market capitalization — Bitcoin ( BTC -6.18% ), Ethereum ( ETH -7.99% ) and Binance Coin ( BNB ) — are all down, the market tends to follow suit. Over the past 24 hours, these large-cap tokens each lost 3.5%, 3%, and 5.1%, respectively, as of 9:30 a.m. ET. Unsurprisingly, the overall crypto market was down 3.6% over the past day,… Source link

Bitcoin (BTC) declined as Wall Street trading opened on Dec. 13 as stocks came off Dec. 10’s record close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD diving below $48,000 to reach multi-day lows at the time of writing. Equities had been tipped to add to all-time highs prior to the start of trading, this getting off to a cold start on the day, with gains slipping. Correspondingly, Bitcoin added to losses that… Source link

Bitcoin (BTC) whales are the center of attention this week as buying and selling habits split the BTC price narrative. New findings from on-chain analytics firm CryptoQuant show derivatives investors leading the way when it comes to bullish bets on Bitcoin. “Sick” BTC price indicator favors bulls The second half of November produced a marked uptick in the buy/sell ratio on major derivatives trading platform Deribit, and for contributing analyst Cole Garner, this is a sure sign that price… Source link

Investing in the native tokens of blockchains that support smart contracts has been an exceptionally smart move in 2021. So far this year, Ethereum (CRYPTO:ETH) is up more than sixfold. Cardano (CRYPTO:ADA) has been an even bigger winner, with a nearly eightfold gain. But which of these cryptocurrencies is the better buy now? Two Motley Fool contributors weigh in with opposing views. Image source: Getty Images. About to get even better Keith… Source link

Bitcoin (BTC) starts a new week on familiar ground below $50,000, but anticipation is building for major disruption to begin. After a fresh push above $50,000 ended in rejection, BTC/USD is keeping traders guessing till the last when it comes to near-term price action — including the end-of-year close. With just two weeks to go, the kind of blow-off tops that characterized both 2013 and 2017 seems unlikely to repeat, but on-chain metrics are all but unanimously pointing to upside. With 90% of… Source link

This is the technical analysis for Ethereum (ETH), Litecoin (LTC), and Ripple’s XRP. We will be looking at previous day price action and today’s support, resistance, and pivot levels and, when in play, the Fibonacci’s. Ethereum (ETH) Ethereum (ETH) rose by 1.02% on Sunday. Following a 4.90% rally on Saturday, Ethereum ended the week down by 1.67% to $4,133. A bearish morning saw Ethereum fall to a late morning intraday low $3,989 before making a move. Steering clear of the first major… Source link

They seem to be almost everywhere. Cool looking hipsters livin’ the dream after amassing a fortune in the world of crypto. Social media sites are overflowing with them. Even old school glossy magazines, barely clinging to life, have dialled in with tales tall and not so true of the fabulous riches to be earned in the ether. There’s no doubt they exist. Those that either got in early or built financial structures that facilitate trades which, none like to admit, replicate old style banks and… Source link

The top 10 are recognized for outstanding contributions across development, business building, regulation, gaming, art and investing. CoinDesk commissioned 10 artists to create portraits of these influencers, with NFTs of the works available at platforms like SuperRare and Foundation. Up to 20% of the sales will go to charities of the artists’ choice. Source link

Scalability on the Ethereum (ETH) network has been a point of contention within the cryptocurrency ecosystem for years, primarily due to high fees and network congestion during periods of peak demand. The latest solution to emerge as the final fix to Ethereum’s scalability woes are Zero-knowledge rollups (ZK rollups), a form of scaling that runs computations off-chain and submits them on-chain via a validity proof. Zk rollup season — cryptowarlord.eth ( ͡° ͜ʖ ͡°) (@CryptoWarlordd)

What happened As of 1:00 p.m. ET, Bitcoin ( BTC 1.28% ), Ethereum ( ETH 1.13% ), and Cardano ( ADA 0.66% ) appreciated 3.3%, 1.2%, and 4.8%, respectively. Earlier in the day, Ethereum showed a 24-hour gain of 3.8%. These modest moves higher have coincided with a rather strong momentum this weekend, on the heels of an early Saturday sell-off that hit the cryptocurrency market yesterday. Cryptocurrency investors appear to be taking a wait-and-see approach to these large-cap