What happened The price of Bitcoin (CRYPTO:BTC) took a nosedive for the second day in a row on Tuesday. One reason behind that decline may have been the U.S. Treasury Department’s move to sanction a cryptocurrency exchange. As of 3:41 p.m. EDT, Bitcoin had fallen by 3.6% over the prior 24 hours.  So what  The value of the world’s leading cryptocurrency had already fallen by about 7% Monday as investors grew concerned that one of China’s largest real… Source link

Ether (ETH) price fell below the $3,000 support on Sept. 20 as global markets entered a risk-aversion mode. The Invesco China Technology ETF (CQQQ) closed down 4.2%, while the SPDR S&P Metals and Mining ETF (XME) lost 3.8%. Some analysts pointed to the potential ripple effects of the default of Evergrande, a major Chinese real estate company. In contrast, others blame the ongoing debates over the debt limit in Washington as the catalyst for this week’s volatility. As a result, the CBOE… Source link

Ethereum 2.0 is still far on the horizon. Scheduled to occur in 2022, the project has experienced numerous delays that have pushed back its release date further. This has although not been a deterrent for investors in Ethereum to invest their coins on the network. The amount of staked coins on the network has been on a steady rise, especially in 2021. Accelerated by the mostly green trends that the market has enjoyed this year. Related Reading | SEC Is Too… Source link

Ethereum’s native token Ether (ETH) rates may fall to a two-month low after it slid below support at around $2,954, based on a classic trading pattern. The $2,954 level represents a so-called neckline constituting a head and shoulders setup. In detail, the said support level appears to be a floor to three peaks, with the middle one (HEAD) higher than the other two (SHOULDERS). A breach below the $2,954 level signals a trend reversal, suggesting that ETH/USD may fall by a length equal to the… Source link

advertisement Former Monero lead maintainer Riccardo Spagni has been released from jail, according to a tweet today. He was held there for weeks after being arrested in connection with a court case in South Africa. “I am very pleased that the U.S. court has released me. I am actively working with my attorneys on a way to return to South Africa as soon as possible so I can address this matter and get it behind me once and for all. That’s what I’ve always wanted to do,” Spagni… Source link

2021 has been a massive year for Monero (XMR), just before the big crash that wiped almost 50% off the price of Bitcoin, Monero had done close to a 4x from the start of the year, with the coin still up around 70% from its price in January. This has left a lot of people wondering if it’s a good time to invest in Monero, and wanting to know how to buy Monero , which is why we created this handy guide, breaking down the best exchanges to buy Monero… Source link

Monero price is currently $233.50 with a 24-hour trading volume of 27,131,543. XMR is a cryptocurrency with a market cap of approximately $4 billion. Monero crypto’s daily technical chart shows a downward trend. The key support level is 225 USD and the resistance level is 285 USDT. Monero is in a downtrend, currently trading around -1.3% lower compared to its previous day’s trading volume.Ichimoku Cloud is a pivot level and leading indicator. It provides a visual representation of the… Source link

Cryptocurrencies have continued the second leg of the decline, which started exactly two weeks ago, when El Salvador adopted Bitcoin, and the establishment decided to make an example out of this case. The decline hasn’t been as detrimental as the crypto crash in May, but it continues, and yesterday we witnessed the second leg of this downtrend, which sent major cryptos below some important support levels. However, some support levels/indicators still remain, so let’s have a look at them… Source link

‘Cryptocurrency Investing for Dummies’ author Kiana Danial provides insight into the cryptocurrency sell-off.  Bitcoin continued bouncing between losses and gains dipping as low as the $40K level over the past 24 hours before moving back above the $43K level midday.    (Courtesy: Coindesk ) The volatility in crypto trading continued even as U.S. stocks moved to recover some of the losses from Monday’s China-driven selloff.  Ticker Security Last Change Change % I:DJI DOW… Source link

‘Cryptocurrency Investing for Dummies’ author Kiana Danial provides insight into the cryptocurrency sell-off.  Bitcoin continued bouncing between losses and gains dipping as low as the $40K level over the past 24 hours before moving back above the $43K level midday.    (Courtesy: Coindesk ) The volatility in crypto trading continued even as U.S. stocks moved to recover some of the losses from Monday’s China-driven selloff.  Ticker Security Last Change Change % I:DJI DOW… Source link