Stocks and cryptocurrencies saw a notable bounce on March 9 even though war, rising inflation and historically high oil prices have investors uncertain about the future. Bitcoin (BTC) price surged to $42,600 in the early trading hours and several altcoins followed suit with double-digit gains. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Monero… Source link

Litecoin’s (CRYPTO: LTC) price has increased 7.29% over the past 24 hours to $107.53, which is in the opposite direction of its trend over the past week, where it has experienced a 1.0% loss, moving from $110.07 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… Source link

Ethereum is a decentralized finance giant that has seen significant growth over the past few years, spurred on by events like “DeFi Summer” and the rise of nonfungible tokens (NFTs).  Ethereum’s popularity, however, may be leading to its downfall, as other protocols look to eat away at or completely consume its market position. Bitcoin and the birth of Ethereum Bitcoin (BTC) is the mother of all blockchains and was the first modern iteration of what is widely known today as… Source link

What happened  The cryptocurrency industry woke up to some good news on Wednesday morning after President Joe Biden signed an executive order to have regulators look into digital assets broadly. Rather than trying to ban them, the order indicates the White House is interested in sensible regulations that will spur innovation.  Bitcoin ( BTC -6.53% ) jumped as much as 10.4% over the last 24 hours as of noon ET on the news, Ethereum ( ETH -5.21% ) was up 8.1% at… Source link

Privacy coins, Zcash (ZEC) and Monero (XMR), have been outperforming larger cryptocurrencies in the last 24 hours. The sudden surge on the price of these cryptocurrencies seems to be responding to recent developments around the Russia-Ukraine conflict, and the signed of an executive order from the U.S. Joe Biden administration. Related Reading | Monero (XMR) Price Slides As Canada Includes Crypto In Emergencies Act At the time of writing, Zcash (ZEC) records a 11.7% profit trading at $142,… Source link

What happened It’s been another volatility-filled day in the world of cryptocurrencies. With most tokens seeing positive price action today, there are pockets of the crypto market that are outperforming their peers. One such space crypto investors have their eye on today is privacy coins. As of 11 a.m. ET, Monero ( XMR -9.66% ), Zcash ( ZEC 3.35% ), and Secret ( SCRT ) rocketed 15.9%, 11.7%, and 16.2%, respectively, over the past 24 hours. Privacy coins have… Source link

Gas fees on Ethereum are falling, and it’s currently at a six-month low, says Arcane Research. In its new report, the blockchain analytics company revealed that the seven-day average of Ethereum transaction fees had been the lowest since August 2021. A more cursory look at the data would show that it has been dropping since January. Ethereum gas fees are now as low as $15 One of the major complaints about Ethereum is its intrinsic high gas fees which tend to price out users. This has led to… Source link

Bitcoin (BTC) held onto swift gains at the Wall Street open on March 9 as nerves over U.S. regulatory moves calmed.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Executive order enters with a whimper Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $42,000 into the start of trading on March 9. The pair had shrugged off the latest round of macro tensions to add over 11% in 24 hours, among the best movers in the broader crypto market. Despite mixed… Source link

Monero (XMR) in Demand Again: Price Spikes Steeply Monero (XMR) has been on a downtrend since August. But over the past 24-hours, the privacy coin showed strong signs of recovery. The price of Monero (XMR) jumped from $169.39 to $206.51 early on Wednesday morning, recording a steep spike of 22% in less than 6 hours. This is the highest point XMR has reached since the end of January, and now means that Monero is up by 52% since its lowest point of $135.33 this year, which happens to… Source link

The average transaction fees on the Ethereum (CRYPTO: ETH) have fallen to a seven-month low, according to recent on-chain data. What Happened: A new report from blockchain analytics firm Arcane Research finds that the seven-day average for Ethereum transaction fees is at the lowest rate since August. According to data from Y Charts, the average transaction fee fell to a low of $1.7 on Monday. The average ETH transaction fees are currently 82% lower than they were at the same… Source link