If there’s anything that cryptocurrency investors know by now, it’s that the price of coins can fluctuate dramatically. For example, back in November, Ethereum‘s (CRYPTO:ETH) price was closing in $5,000, but its value has tumbled over the past few months.  With inflation at a 40-year high and the Federal Reserve poised to raise interest rates beginning this month, some investors have grown concerned about more speculative investments like… Source link

  Bitcoin price failed to stay above the USD 40,000 support. Ethereum is down over 5%, XRP might revisit the USD 0.705 support. AVAX, DOT, and DOGE are down at least 5%. Bitcoin price declined over 7% in a day and there was a clear move below the USD 40,000 support. It is currently (11:55 UTC) trading below USD 39,500 and there is a risk of more downsides. Similarly, most major altcoins are gaining bearish momentum. ETH declined below… Source link

Source: AdobeStock / 安琦 王   Ethereum (ETH) took another step towards the Merge, when the current Ethereum Mainnet will “merge” with the beacon chain proof-of-stake (PoS) system — as configurations for Kiln, the last public testnet before switching to the PoS mining algorithm, have been published. “The configs for the Kiln testnet are out,” said Ethereum Foundation‘s Parithosh Jayanthi.  He further added that a longer… Source link

by Analytics Insight March 10, 2022 Crypto kings are set to be Chainlink, Litecoin, and Seesaw Protocol in crypto meta As the Crypto metaverse expands, countless new coins continue to launch. Therefore, it’s essential to carefully analyse and recognise which projects are truly worth investing in. So, if you’re wondering what the current best options are, be sure to consider the following kings within the Crypto space this year: Chainlink (LINK), Litecoin (LTC) & Seesaw Protocol… Source link

“At present, we already know that the Fed will raise interest rates, so no matter how the U.S. market changes, this thing will happen. The most considerable influence at the moment may be the hawkishness of the European Central Bank this week,” said Griffin Ardern, a volatility trader from crypto-asset management company Blofin. Source link

Ethereum price faces a decisive moment as it coils up inside a symmetrical triangle. Investors can expect a 34% move in either direction, considering the ambiguous nature of the setup. A move to the upside seems unlikely due to the presence of multiple resistance barriers. Ethereum price action shows an interesting setup that forecasts the possibility of a massive move in both directions. However, considering the technical aspects, the probability of a down move… Source link

Gas fees for transactions on the Ethereum (ETH) blockchain have dropped to the lowest levels since August. But they’re still not cheap. According to data sourced from Coinmetrics and shared by CryptoRank Platform, the seven-day moving average cost of an Ethereum transaction as of March 9 totaled $11.14, placing it back amongst the levels recorded mid-last year before it surged dramatically to as high as $55 at the tail end of 2021. The cost of transactions on the @Ethereum network has not… Source link

Over the course of this series of articles, we are going to look at the top blockchains in cryptocurrency, with a goal of helping you understand what they are, how they work, what they do, and what their pros and cons are. You’ll come out of this series not only with a better sense of what cryptocurrency is all about; you’ll understand why the way a token works — the way its blockchain processes transactions — is key to its success or failure as a digital asset. See also: PYMNTS… Source link

Privacy coins like Monero and ZCash witnessed a significant surge that was over a month high for both of them.  The reason for this surge can be Biden’s anticipated executive order on cryptocurrencies or Sanctions against Russia.  The Executive order would talk about crypto regulations, CBDCs, potential threats, etc.  The year 2022 was to witness regulations and taxations for the crypto industry, and it’s clear that these things make a significant impact on the prices of the asset… Source link

“Volatility” is the word of the month, and that is exactly what cryptocurrency investors saw today when Bitcoin (BTC) rallied after concerns over the Biden administration’s executive order on crypto turned out to be a “nothingburger.” Data from Cointelegraph Markets Pro and TradingView shows that, after trading near the $39,000 mark for the past few days, the price of Bitcoin spiked 10.42% to an intraday high of $42,606 as cautious traders flooded back into the market. BTC/USDT 1-day chart…. Source link