One Ethereum competitor has risen nearly 100% in the last week alone, breaking the $8 billion market cap mark and threatening to enter the top 20 crypto assets by market cap. Near Protocol (NEAR) is a smart contract capable decentralized application (DApp) platform that strives to compete with Ethereum (ETH) or Polkdadot (DOT). NEAR, the project’s native token, recently rallied to an all-time high at $16.39 after trading at $8.40 less than five days prior for a gain of 95%. NEAR… Source link

In less than a week, investors can pop the champagne corks and celebrate another successful year. Through Dec. 22, the widely followed S&P 500 was higher by 25%, which more than doubles up its average annual total return of around 11%, including dividends, since the beginning of 1980. But it’s the cryptocurrency space that’s delivered the juiciest gains of all. Since the year began, the aggregate value of all digital currencies came close to tripling…. Source link

2021 has been an excellent year for the broader cryptocurrency market in terms of adoption and price action. The prices of most cryptocurrencies have soared massively since the start of the year despite the recent bearish trend. Bitcoin Adds More Than 70% to its Value in 2021 2021 is coming to an end, and Bitcoin remains the most dominant cryptocurrency in the world. The cryptocurrency’s value has experienced a massive increase in value over the past 52 weeks, outperforming numerous major… Source link

Since November 9, 2021, or 46 days ago, transaction fees on the Ethereum network have been cut by more than half the rate they were on that day. At the time, the average fee to move ethereum was $62.84 per transfer and since then, the fees have dropped 62.85% to $23.34 per transaction. From $62 to $23 per Transaction, Ethereum Fees Have Been Cut by More Than 62% Just over a month ago, it was a lot more expensive to transfer ethereum (ETH) onchain, let alone move an ERC20 token, swap… Source link

The plans for everyone’s 2022 cryptocurrency investment strategies have already started. My prediction for 2022 is that crypto-related cyber attacks will reach new heights. Between ransomware payments, phishing attacks, and cryptojacking, crypto is playing a huge role in the threat landscape of 2021 and will have an even bigger part to play early next year. The largest traffic to our network under the category of “cryptomining” is easily to Monero-related domains. The majority of these… Source link

Monero Classic receives a high risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a coin can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk. InvestorsObserver… Source link

The past few days marked Cardano’s attempt to alter the broader outlook. But it needed to cross the $1.47-mark on increased volumes to counter its long-term bearish tendencies. While LTC saw a drop from the $167 level, it was yet to confirm a strong uptrend.   Contrarily, NEAR showed no signs of slowing even after poking its ATH on 24 December. Now, the overbought RSI threat lurked around the corner. Cardano (ADA) TradingView, ADA/USDT On the 4-hour chart, ADA saw an ascending… Source link

Bitcoin (BTC) held $50,000 into Dec. 25 as BTC bulls avoided an unwelcome Christmas Day surprise. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Bears become bulls” short term? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $50,000 support into the weekend, having ranged after local highs above $51,500. The pair was calm as the holiday season got underway, with thinner liquidity yet to show itself in the form of volatile price moves. With most… Source link

The pro-bitcoin U.S. Senator Cynthia Lummis has reportedly unveiled her plan to introduce a comprehensive crypto bill that will cover everything from how cryptocurrencies are taxed and categorized to consumer protections. The bill will also propose creating a new entity to oversee the digital asset market. Comprehensive Crypto Bill Coming up in US, Says Senator U.S. Senator Cynthia Lummis is reportedly preparing to introduce a comprehensive crypto bill next year. The Republican… Source link

Prices go up and down, but bitcoin is here to stay. Sooner or later, you’re going to need a… Source link