With all of the talk about crypto and NFTs, you probably get that not all cryptocurrencies are created equal. But, what makes a cryptocurrency different? There are actually different standards for coins that do different things on the same blockchain. In the case of Ethereum, the blockchain that most decentralized applications and cryptocurrency projects are built on, these different standards are called “ERCs.” But, what is an Ethereum ERC, and why does it matter? What Are… Source link
Read More »Monthly Archives: February 2022
Why Ethereum, Bitcoin, and Binance Coin Are Roaring Higher Today
What happened Today, the three top cryptocurrencies by market capitalization (excluding stablecoins), Ethereum (CRYPTO:ETH), Bitcoin (CRYPTO:BTC) and Binance Coin (CRYPTO:BNB), are seeing a nice rebound alongside risk equities. As of 11:20 a.m. ET, these tokens have surged 6.2%, 3.5%, and 6.7%, respectively, over the past 24 hours. This recovery in crypto markets appears to mainly be shaped by relief over recent geopolitical concerns coming out… Source link
Read More »What’s Next for This Neutral Rated Crypto?
Litecoin (LTC) gets a neutral rating from InvestorsObserver Tuesday. The coin is up 3.72% to $131.04 while the broader crypto market is up 3.79%. Litecoin has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Neutral Over the last five days, Litecoin has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Litecoin… Source link
Read More »Bullish Momentum in Ethereum ETH, Litecoin LTC As BlackRock Enters Cryptos
Cryptocurrencies have been uncertain recently, after the 3-month decline and the reversal toward the end of January. They seem to be waiting for crypto-related news to get them going and it seems like they might be getting that. We heard rumours that BlackRock, the world’s largest asset manager, is planning to offer trading cryptocurrencies to its clients. Cryptocurrencies have turned bullish again in the last few hours. This is great news since BlackRock is a $10 trillion investment firm… Source link
Read More »Bitcoin spikes to $44.5K amid fresh warning over ‘exceptionally high’ stocks correlation
Bitcoin (BTC) passed $44,500 at the Wall Street open on Feb. 15 with traders compounding overnight enthusiasm. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Resistance attacks slowly form Data from Cointelegraph Markets Pro and TradingView tracked local highs of $44,543 for BTC/USD on Bitstamp. Already up over 6% on the day, the pair saw a slow return to resistance levels after abruptly halting a multi-day downtrend toward the $40,000 mark. As Cointelegraph reported, events in… Source link
Read More »BTC Surges Towards $45,000 as Russia Withdraws ‘Some’ Troops – Market Updates Bitcoin News
Following four consecutive sessions of declines, bitcoin rallied late on Monday, into Tuesday, as it was reported that Russia was withdrawing some troops from the Ukrainian border. Overall, crypto markets are up close to 5% on the day. Bitcoin BTC finally rebounded during Tuesday’s session, as bulls once again re-entered the race to $45,000. Following a low of $41,928.19 yesterday, BTC/USD rose to an intraday high of $44,331.96 on Tuesday, with many now expecting further short-term… Source link
Read More »Fidelity International Debuts Bitcoin ETP in Europe – CoinDesk
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link
Read More »Will Ethereum Be a Trillion-Dollar Cryptocurrency by 2025?
The Ethereum (CRYPTO:ETH) cryptocurrency carries a total market value of $348 billion today. That’s more than 18% of the total cryptocurrency market, which clocked in at $1.89 trillion at 2 p.m. ET on Monday afternoon. Will the second-largest cryptocurrency’s market cap reach the $1 trillion benchmark in the next three years? Let’s take a look. How big would that move need to be? You could consider a theoretical move from Ether’s all-time high on Nov…. Source link
Read More »Latest Ethereum price and analysis (ETH to USD)
Ethereum has broken free of its shackles below $3,000 following a healthy move to the upside during the early hours of Tuesday. All global markets were handed a major boost as Russia said it was beginning to withdraw some troops from the Ukranian border, quelling fears of an invasion. The S&P500 futures are printing an increase of 2.11% but those are amateurish numbers in comparison to Ethereum, which is now 9.61% up from Monday’s low of $2,832. From a technical… Source link
Read More »If You Invested $100 in Ethereum on Its First Day, Here’s How Much You’d Have Now
For well over a century, the stock market has been a money machine. Though it might not outpace bonds or gold every year, the average annual return of the broader market is substantially higher than bonds and all other commodities over the very long term. But over the past couple of years, cryptocurrencies have lapped the stock market many times over. In just the past 23 months, since hitting its pandemic low, the aggregate value of the crypto market… Source link
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