Monthly Archives: February 2022

Litecoin (LTC) Rises 2.99%, Outperforms the Crypto Market Wednesday

Litecoin (LTC) has been relatively less volatile when compared to other cryptocurrencies. So far Wednesday, the Digital Money has increased 2.99% to $108.98. InvestorsObserver is giving Litecoin a 14 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Low Volatility InvestorsObserver gives Litecoin a low volatility rank of 14, placing it in the bottom 14% of cryptos on the market. The… Source link

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Why I Believe in Cardano Over Ethereum

When I talk about my cryptocurrency portfolio, some are surprised to hear I have no Ethereum ( ETH 2.81% ). I used to own ETH, in fact I mined it for two years from 2017-2019. However, I’ve fallen out of alignment with the direction that Ethereum has taken. In 2020, I converted most of my assets into Bitcoin ( BTC 0.94% ) including whatever ETH I had. I recognized the problems that Ethereum was trying to solve but began looking elsewhere for similar systems that… Source link

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Bitcoin rally stalls at $39.2K but BTC price metric suggests local bottom could be here

Bitcoin (BTC) checked its latest advance on Feb. 23’s Wall Street open as Russia repercussions continued to play out.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks sour crypto recovery Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling back towards the $38,000 mark during Feb. 23, having earlier reached $39,200 highs. Pressure from the Russia-Ukraine conflict remained an ever-present threat to equities, with which both Bitcoin and altcoins are… Source link

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The case for bitcoin as ‘digital gold’ is falling apart

A key investment case for bitcoin is deteriorating as geopolitical uncertainty and rising inflation hammer cryptocurrency prices. The price of bitcoin fell to a two-week low Tuesday after Russian President Vladimir Putin ordered troops into Donetsk and Luhansk, two breakaway regions in eastern Ukraine, shortly after declaring them as independent. Bitcoin is often referred to as “digital gold” by its backers. The term refers to the idea that bitcoin can provide a store of value similar… Source link

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StarkWare Launches Layer 2 Product StarkNet on Ethereum – 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

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First Mover Americas: Bitcoin May Not Be out of the Woods Yet; Stablecoins' Bull Market Continues – CoinDesk

LDO, the governance token of liquid staking protocol Lido, dipped to $1.60, trimming Tuesday’s 37% spike from $1.36 to $1.87 despite continued inflows into the protocol. “Yesterday, someone staked 28,000 ETH ($75m) with Lido in a single transaction. That’s the 5th largest staking transaction into Lido so far. And today, another 22,500 ETH was staked (7th largest),” analytics firm Nansen’s CEO Alex Svanevik tweeted. Source link

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The case for bitcoin as ‘digital gold’ is falling apart

Bitcoin on a mound of gold. bodnarchuk | iStock Editorial | Getty Images A key investment case for bitcoin is deteriorating as geopolitical uncertainty and rising inflation hammer cryptocurrency prices. The price of bitcoin fell to a two-week low Tuesday after Russian President Vladimir Putin ordered troops into Donetsk and Luhansk, two breakaway regions in eastern Ukraine, shortly after declaring them as independent. Bitcoin is often referred to as “digital gold” by its backers. The term refers… Source link

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Web 3 Browser Opera Integrates With Ethereum Layer 2 Exchange DeversiFi – 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

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Should You Sell Monero Classic (XMC) Wednesday?

Monero Classic achieves a high risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk. InvestorsObserver is giving Monero Classic a high Risk/Reward Score. Find out what… Source link

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Ethereum to $10K? Classic bullish reversal pattern hints at potential ETH price rally

Ethereum’s native token, Ether (ETH), could reach above $10,000 in the coming weeks as it paints what appears to be an “ascending triangle” technical pattern. Ether’s price technicals: Bullish signs Ascending triangles are bullish continuation setups that appear during an uptrend. Analysts confirm their presence after the price rises upward inside a rising right-angle triangle structure, thus forming a sequence of lower highs on the lower trendline with resistance in place at the upper… Source link

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