A crypto project, known as VanityBlocks, has started turning whole Ethereum transaction blocks into non-fungible tokens (NFTs) — preventing anyone else from having space in that block. The first Genesis NFT was created on January 16. It was in block 14017777 and the transaction to create the NFT took up the entire block, costing about 5.31 ETH ($16,600 USD). A more recent mint on January 31 for block 14114114 cost over 3.42 ETH ($10,700 USD) in transaction fees. As of publication,… Source link

What happened  A “risk-on” trading day is taking place again on Wall Street and that’s helping cryptocurrency values to start the week. It helps that the market was up early in trading today and cryptocurrencies usually magnify those gains. But as the market has fallen back to breakeven the gains for crypto are holding.  As of 12:40 p.m. ET, over the last 24 hours Bitcoin (CRYPTO:BTC) had jumped as much as 5.2%, Ethereum (CRYPTO:ETH) was up 4.2%,… Source link

Over the past 24 hours, Litecoin’s (CRYPTO: LTC) price has risen 11.15% to $136.78. This continues its positive trend over the past week where it has experienced a 24.0% gain, moving from $110.4 to its current price. As it stands right now, the coin’s all-time high is $410.26. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring… Source link

Bitcoin rose above $44,000 briefly on Monday, continuing the momentum from the end of last week and the weekend. The crypto was trading above its 50-day moving average Monday, for the first time since November, when the cryptocurrency climbed toward its all-time high. Bitcoin’s 50-day simple moving average stands at around $42,838, according to Dow Jones Market Data.  … Source link

Text size Bitcoin miners run vast troves of computers in a race to process blocks of transactions, earning fees and rewards in Bitcoin. Dreamstime … Source link

Privacy coin Monero (XMR) usually spends its time in the shadows, which is exactly the way its community likes it. Till date, it is still impossible to penetrate the privacy that the digital asset offers, making it the go-to choice for investors who are trying to keep their crypto transactions and holdings a secret. Recently though, the cryptocurrency is breaking out onto the radars of more investors as it shatters an important milestone. As more crypto users are discovering their… Source link

Following a strong weekend, bitcoin’s surge continued to start the week, as Tesla announced close to $2 billion worth of holdings in BTC. Overall, crypto markets were around 3% higher on Monday. Bitcoin Bitcoin, which consolidated for the majority of last week, moved closer to a three-week high today, climbing by as much as 3% as of writing. BTC/USD rose to an intraday high above $43,500.00 during Monday’s session, as markets reacted to the news that Tesla currently holds $1.9… Source link

Text size Bitcoin prices have risen above its 50-day moving average for the first time in two months. Dreamstime … Source link

Solana Community Says Why Bitgert Can Be a Competitor, Cardano, Litecoin, Centcex, Matic, Avalanche Price Skyrocketing by Analytics Insight February 7, 2022 The growth of a crypto project is determined by several factors, but the competitiveness in the industry is the biggest one. With so many cryptocurrencies in the market, a new crypto project needs to provide utilities that will challenge the established ones to grow faster. That’s what Bitgert is doing. It has been said to be the… Source link

“It is worth noting that the Nonfarm Payrolls can force the Fed to move faster to tighten monetary policy,” Alex Kuptsikevich, a senior financial analyst at FxPro, wrote in an email to CoinDesk. “If cryptocurrencies manage to resist and continue to grow, this will be a serious trend reversal order. Just like on Friday, when investors decided to buy BTC in order to protect investments from inflation.” Source link