What is bitcoin, and how can one invest in it? Want more like the Guide to Bitcoin? Scroll to the bottom for further reading and a list of other Blockworks Investor’s Guides. A quick primer on Bitcoin Bitcoin is like Carl Sagan, David Attenborough or Nelson Mandela. Few people can name its peers, but most have almost certainly heard of it, and it’s notably changing things for the better. Investors don’t need another answer to the question, “What is… Source link

Litecoin receives a strong long-term technical score of 80 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. LTC currently holds a superior long-term technical analysis… Source link

Arman Shirinyan Ethereum could have been something completely different, here’s how and why Contents Simpler proof-of-stake version Fewer features in the EVM The creator of the second-biggest cryptocurrency on the market, Vitalik Buterin, recently released an article describing how Ether could choose another development vector and become something different from what we know today. Simpler proof-of-stake version Ethereum network is currently on the verge of becoming a completely… Source link

Text size Bitcoin prices have held onto recent gains. Rutmer Visser/Dreamstime Source link

Bitcoin price has cleared crucial levels, suggesting a consolidation phase to begin again. Ethereum price plans to revisit the $4,000 psychological level. Ripple price marches slowly but surely to $1 to collect the buy-stop liquidity resting above it. Bitcoin price action for the last two weeks has caused it to flip some crucial hurdles. This move is likely to translate into another phase of consolidation, allowing Ethereum, Ripple and other altcoins to explode.

Opera, one of the major crypto-friendly internet browsers, announced the integration of eight blockchains in a continued effort to introduce Web3 to more than 380 million mobile and desktop users worldwide. In Jan. 2022, Opera launched the Crypto Browser project, a Web3-focused initiative for facilitating navigation across decentralized applications (DApp), games and metaverse platforms. As part of this initiative, the browser company added support for eight major blockchain ecosystems,… Source link

Image: Ronin In a shock to absolutely no one paying attention to the so-called Web3 space, the touted security of blockchain-driven solutions might not be all it is cracked up to be. The latest victim comes by way of Ronin, which detailed that 173,600 in Ethereum (ETH) and 25.5 million in USD coin had… Source link

El Salvador’s $1bn bitcoin-backed bond could tap deep wells of capital among cryptocurrency enthusiasts after many big international investors have shunned the project. Demand from bitcoin “whales” — investors holding large quantities of the world’s biggest cryptocurrency — is likely to be crucial to fundraising for the bond, according to people involved with the effort. Paolo Ardoino, chief technology officer at Bitfinex — which is set to provide the tech platform for the deal… Source link

Nasdaq-listed Microstrategy has obtained a $205 million bitcoin-collateralized loan from Silvergate Bank through a subsidiary to buy more bitcoin. “The interest-only term loan is secured by certain bitcoin held in Macrostrategy’s collateral account.” Company to Use $205M Bitcoin-Backed Loan to Purchase Bitcoin The Nasdaq-listed pro-bitcoin software company Microstrategy announced Tuesday that one of its subsidiaries has obtained a bitcoin-backed loan to purchase additional Source link

Ethereum holders have been filling up their bags while the broader market had panicked through the dip it seems. The digital asset which had suffered from crashes and dips that had hit the market had seen its value fall as low as $2,500. However, these ‘diamond hands’ holders had remained unfazed given that data showed that they continued to accumulate ETH tokens all through the market dip. Ethereum Holders Load Up Ethereum holders, especially those who have held for longer, are more… Source link