Monthly Archives: February 2022

Why Ethereum Whales Are Betting More Than $1.3 Billion on Shiba Inu

Some investors have a lot of money in cryptocurrencies. They’re sometimes referred to as “whales” to reflect just how large their positions are. And we’re not talking about $100,000 or so in a given cryptocurrency — whales own millions and even billions of dollars worth of digital tokens. As you might expect, the biggest cryptocurrencies based on market cap — Bitcoin and Ethereum ( ETH -7.91% ) — tend to especially attract whales. But they don’t always limit their… Source link

Read More »

Monero Hanging On By a Thread

Ultimately, this is a market that I think continues to see a lot of volatility, especially as it is considered to be an alt coin. The Monero market tried to rally a bit during the course of the trading session on Wednesday as the $150 level continues to see quite a bit of support around it. As you can see, the market has broken down below the level a couple of months ago, and then stabilize before rallying towards the 50 day EMA. It is worth noting that the $180 level has been significant… Source link

Read More »

Bitcoin price falls after Russia attacks Ukraine

Bitcoin was trading at $34,969 as of 1:22 a.m. ET, according to CoinMarketCap. That’s a decline of more than 8% compared to a day earlier. The world’s most valuable cryptocurrency fell below $40,000 over the weekend, and has continued to slide as the Ukraine crisis intensifies. The currency has lost almost half its value since its November high of $68,990 due to geopolitical tensions, the prospect of interest rate hikes by the US Federal Reserve and curbs by some major economies on digital… Source link

Read More »

Litecoin Falls 10% In Selloff By Investing.com

© Reuters Litecoin Falls 10% In Selloff Investing.com – was trading at $96.000 by 00:25 (05:25 GMT) on the Investing.com Index on Thursday, down 10.36% on the day. It was the largest one-day percentage loss since January 21. The move downwards pushed Litecoin’s market cap down to $6.797B, or 0.43% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $96.000 to $106.100 in the previous twenty-four hours. Over the… Source link

Read More »

Bitcoin Crashes More Than 7% in 24 Hours as Putin Announces 'Special Military Operation' in Ukraine – 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 »

Putin’s Plans in Ukraine Hurt Bitcoin Price

The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Volatility Spikes, Bitcoin Follows We have covered the relationship between equity market volatility and bitcoin price action extensively since the start of the new year, as the inverse correlation between the price of bitcoin and the VIX (S&P 500 Volatility Index)… Source link

Read More »

Hedge fund report says Bitcoin price is ‘at a relatively inexpensive place’

There has been a lot of focus on the performance of the stock and cryptocurrency markets over the past year or two as the trillions of dollars that have been printed into existence since the start of the COVID pandemic have driven new all-time highs, but analysts are now increasingly sounding the alarm over warning signs coming from the debt market.  Despite holding interest rates at record low levels, the cracks in the system have become more prominent as yields for U.S. Treasury Bonds… Source link

Read More »

Bitcoin Trends Upward as Markets Calm Despite Ukraine Tensions – 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 »