Bitcoin (virtual currency) coins are seen in an illustration picture taken at La Maison du Bitcoin in Paris July 11, 2014. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register LONDON, Jan 24 (Reuters) – Bitcoin tumbled almost 9% on Monday to its lowest in six months as fears of a Russian attack on Ukraine saw riskier assets worldwide extend their sell-off. The largest cryptocurrency was trading down 8.8% at $33,058, its lowest since July 23, taking losses from… Source link

Solana, Cardano, Matic, Avalanche, Litecoin Crashing, While Bitgert & Centcex Becomes Bullish by Analytics Insight January 24, 2022 Find out about Bitgert & Centcex, the bullish cryptocurrencies, and where they are right now. The crypto market recovery by the end of the 3rd week of January and early 4th week seems short-lived as the crypto community woke up to yet another crash on Monday 24th. This was not expected, but as long as the Federal Research keeps tightening the financial… Source link

Bitcoin (BTC) has just reentered a key price zone, which has signaled the beginning of the end for bear phases, data confirms. In a tweet on Jan. 24, Charles Edwards, founder of crypto investment firm Capriole, flagged Bitcoin’s network value to transaction (NVT) ratio metric as it delivered a new and rare “oversold” signal. NVT says it’s reversal time Bitcoin price losses accelerated over the weekend, with the market not far off a retest of the seminal $30,000 mark prior to Monday’s… Source link

by Analytics Insight January 24, 2022 These latest updates on Solana and other major cryptos are the newest attraction for investors. We are already in the 4thweek of January and this will probably be the week that we will see huge gains in the crypto market after the recent breather. This is despite the slow start with a slightly plunging market. So what is happening in the current crypto market today? What are the best cryptocurrencies of 2022 up to? Well, here are the24thJanuary… Source link

Bitcoin’s value is already below US$35,000, indicating an approaching death cross The already volatile cryptocurrency market has become even more insane as Bitcoin is stooping to further lows since the beginning of 2022. Bitcoin’s price has gone below its long stood psychological resistance level of US$35,000 several times on Saturday before recording a slight recovery on Sunday. But the constant decline in BTC’s value is indicating a major sell-off season that could put the… Source link

New Delhi: The crypto cart scripted a small comeback ahead of the two-day Federal Reserve meeting that begins on Tuesday. Barring Solana, all other nine out of top-10 digital tokens were trading higher during early trade on Monday. Solana has lost about 65 per cent of its value in the recent selloff. The trading volumes remained light with many investors continuing to assess troubling economic conditions and a pronounced decline in equity markets. The global crypto market cap added over a… Source link

The Biden administration is reportedly drafting a government-wide cryptocurrency strategy as an executive order. The directive is expected to be presented to President Joe Biden in the coming weeks. The strategy could be released as soon as next month. US Government-Wide Crypto Strategy The Biden administration is reportedly preparing to release an initial government-wide strategy on digital assets, including cryptocurrencies. The strategy is being drafted as an executive order,… Source link

‘Buy the dips and sell the rally,’ would be any seasoned trader’s piece of advice for timing the market. But, this timing can seldom be accurate in real-time. But, interestingly, a recent observation by trader Edward Morra seems to suggest that Ethereum’s all-time highs are matching with the sell-offs by Ethereum Foundation. $ETHFriendly reminder that ETH foundation cashed out at the top (again). ETH down 40+% since then pic.twitter.com/Bp80hEDvK0 — Edward Morra… Source link

After Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price. This weekend, Bitcoin’s hashrate is coasting along at 189 exahash per second (EH/s), after dropping to a low of 167 EH/s three days ago. The lower price and difficulty rise has put a squeeze on bitcoin mining profits. Mining Difficulty Makes Block Rewards Harder to Find, Bitcoin’s Lower Price Makes It… Source link

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