What happened Investors of all stripes continue to be on edge, with high-level uncertainty driving many investors to seek out safety. While this has meant a mostly red week for top cryptocurrencies, Ethereum ( ETH -1.65% ), Shiba Inu ( SHIB -0.33% ), and Quant ( QNT -2.43% ) have each recovered nicely today. These three tokens appreciated 2.4%, 3.7%, and 11.1% over the past 24 hours, as of 12:30 p.m. ET.  Ethereum appears to be getting a boost from this… Source link

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Just like Ethereum is home to many decentralized apps, Polkadot is the underlying platform for an increasing number of projects that aim to use all the benefits of processes such as sharding and features such as parachains. Ethereum revolutionized how we view and use blockchain technology, as it offered a way to utilize smart contracts and harness blockchain’s power for things other than cryptocurrencies. However, it was just one in the sea of different blockchains that had no communication… Source link

Bitcoin price has retraced after failing to make it over a crucial hurdle. The downtrend was cut short, though, due to the presence of a demand zone. A bounce off this zone is likely to provide Ethereum, Ripple and other altcoin traders a brief opportunity to go long. Litecoin price set a higher low as it dipped inside a demand zone, indicating that the bullish outlook is intact. Going forward, investors can expect LTC to climb higher as the crypto markets flip… Source link

Text size Russia-Ukraine geopolitical tensions have hit risk-sensitive assets—including cryptos. Chris McGrath/Getty Images … Source link

Litecoin price has slipped into the $107.23 to $116.07 demand zone, suggesting a reversal. A resurgence of buyers is likely to propel LTC by 17% to $132.60. The bullish thesis will face invalidation if the altcoin produces a six-hour candlestick close below $107.23. Litecoin price set a higher low as it dipped inside a demand zone, indicating that the bullish outlook is intact. Going forward, investors can expect LTC to climb higher as the crypto markets flip… Source link

New Delhi: Despite a quick recovery seen on Monday, Ethereum prices have been hit hard by the ongoing volatility in the crypto market. The second-largest cryptocurrency was last seen trading at $2,700 levels after hitting a low of $2,585 earlier today. It has lost about 5 per cent in the last one week. Regulatory action, geopolitical worries and inflationary concerns have kept the crypto market under pressure lately. Sharat Chandra, VP- Research & Strategy, EarthID, who anticipates a further… Source link

Bitcoin (BTC) heads into the last week of February lower but shows signs of strength as a key support level holds. After a nervous few days on macro and crypto markets alike, BTC/USD is below $40,000, but signs are already there that a comeback could be what starts the week off in the right direction. The situation is far from easy — concerns over inflation, United States monetary policy and geopolitical tensions are all in play, and with them, the potential for stocks to continue… Source link

Alex Dovbnya An Ethereum wallet containing over $5 million worth of ETH has been activated for the first time in six and a half years as the second-largest cryptocurrency is struggling to exit a bearish trend A dormant Ethereum wallet containing 1,947 ETH ($5.1 million) has been activated for the first time since 2015, according to Twitter account Whale Alert. Considering that the original investment was only $2,336, whoever owns the aforementioned address has made a staggering 220,799%… Source link

Ethereum founder Vitalik Buterin said the digital asset universe could see some benefits from the falling coin prices, Bloomberg writes. The declining prices accompany a reduced interest in investment in the coins, referred to as a “crypto winter.” The prices have been falling since November, when crypto hit an all-time high in terms of price. According to investors and speculators, one influencing factor might be the reduction in the massive stimulus that happened because of the… Source link