Popular travel website Airbnb could soon accept cryptocurrencies for payments, CEO Brian Chesky has hinted. “Like the revolution in travel, there is clearly a revolution happening in crypto,” he added. Airbnb’s CEO Says ‘There Is Clearly a Revolution Happening in Crypto’ The CEO of Airbnb, Brian Chesky, asked on Twitter earlier this week, “If Airbnb could launch anything in 2022, what would it be?” On Tuesday, he revealed that he received 4,000 suggestions, noting that… Source link
Read More »Monthly Archives: January 2022
Bullish-Rated Litecoin Plus (LCP) Rises Wednesday to $0.03987291528
Litecoin Plus (LCP) gets a bullish rating from InvestorsObserver Wednesday. The crypto is up 49.4% to $0.03987291528 while the broader crypto market is down 0.59%. Litecoin Plus has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin Plus! Bullish Over the last five days, Litecoin Plus has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score… Source link
Read More »Goldman Sachs predicts bitcoin could hit $100,000
The world’s most valuable cryptocurrency has fallen to about $46,000 after surging to a record high near $69,000 in November. Yet Goldman Sachs (GS) said in a report this week that bitcoin (XBT) could more than double, to a little over $100,000 per coin, within the next five years. “We think that bitcoin’s market share will most likely rise over time as a byproduct of broader adoption of digital assets,” Zach Pandl, the co-head of global foreign exchange, rates and emerging market strategy… Source link
Read More »Can These 3 “Ethereum Killers” Actually Kill Ethereum in 2022?
Ethereum (CRYPTO:ETH), the second-largest cryptocurrency, sports a $445 billion market cap after a five-bagger performance in 2021 that made even Bitcoin (CRYPTO:BTC) look sleepy. ^SPX data by YCharts However, this blockchain network also faces a couple of technical challenges. Ethereum is known as a powerful decentralized computing platform, but its transactions are also seen as slow and costly. Therefore, several rival cryptocurrencies are… Source link
Read More »The State of Ethereum’s Fee Market – CoinDesk
Finally, tech savvy users and bots have been able to look at the mempool, where all pending Ethereum transactions are waiting to process, and see whether the base fee will adjust up or down in the next block. With this information, bots are able to send transactions within the cheaper block and essentially game the algorithm. Source link
Read More »Bitcoin reaches for $47K as analysts agree BTC price consolidation cannot last
Bitcoin (BTC) recovered from new lows of $45,550 on Jan. 5 as analysts waited patiently for a “squeeze” to trigger fresh volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst weighs prospect of “fakedown” toward $40,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to the previous day’s levels near $47,000 on Binance at the time of writing. The repeated dips had failed to unsettle market participants, who now turned to the… Source link
Read More »3/4 of Bitcoin supply now illiquid
Bitcoin (BTC) markets have been consolidating since the beginning of the year, but on-chain metrics are painting a more positive picture as more of the asset is becoming illiquid. On-chain analytics provider Glassnode has been delving into Bitcoin supply metrics to get a better view of the longer-term macro trends in its weekly report on Monday. The findings revealed that although the asset has been trading sideways so far this year, more BTC has become illiquid. There has been an… Source link
Read More »3 reasons why Ethereum can reach $5,000 in Q1
Ethereum’s native token Ether (ETH) has plunged by more than 20% after establishing its record high at around $4,867 on Nov. 10, 2021. Nonetheless, the sharp price pullback does not mean ETH can’t pursue a new record high in the next few months, as several widely-tracked technical, macroeconomic, and on-chain indicators suggest. One of these indicators envisions Ether’s price reaching $5,000 in the first quarter of 2022 while others look are poised to support the bullish bias. ETH price… Source link
Read More »Support Holds for Ripple (XRP) and Litecoin (LTC) – Can They Reverse Up?
Ripple coin and Litecoin have been among the most bearish cryptos since the crash in May-June last year. The cryptocurrency market has made some enormous gains since then, but these two coins have been missing the bullish times. Now that the market has turned bearish again for the last two months, Ripple and Litecoin remain weak, but at least they have found support, so let’s see if they can make a bullish reversal soon. Ripple Daily Chart Analysis – $0.80 Has Turned into a Support Zone… Source link
Read More »Bitcoin open interest matches record high amid predictions of BTC price ‘fireworks’ this month
Bitcoin (BTC) is in line for “explosive” price action as derivatives markets return to form in 2022, a new forecast states. In a tweet on Jan. 4, Vetle Lunde, an analyst at Arcane Research, confirmed that BTC denominated open interest (OI) had returned to all-time highs seen in November. Open interest demands “fireworks” within weeks Bitcoin futures and options have taken a beating during the end-of-year BTC/USD retracement, but as the holiday period ended, consensus began to form around a… Source link
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