Monthly Archives: March 2022

A retest is expected, but most analysts expect Bitcoin price to extend much higher

The mood across the cryptocurrency market has seen a notable improvement in the last week as prices are on the rise with Bitcoin (BTC) now trading near $48,000 while Ether (ETH) attempting to hold  above $3,400.  Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin has been oscillating around $48,000 since it broke out above $45,000 early on March 28 and bulls are now debating whether a bull run to $80,000 is on the cards. BTC/USDT 1-day chart. Source:… Source link

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Bitcoin Miner Core Scientific’s Full-Year Sales Rise to $545M, Beating Estimates – 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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Ethereum Merge Sparks Supply-Squeeze Price Jump Over 40%

Image source: Getty Images Several factors are cutting the available supply of Ethereum on crypto exchanges, driving up the price of the ETH coin. Key points The price of Ethereum has jumped 15% in the past week and 40% since Mar. 7. The available supply of Ethereum on crypto exchanges is at a… Source link

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Here’s What the Ethereum Merge Means for Investors

Image source: Getty Images Everything you need to know about the merge — the next step on Ethereum’s journey. Key points The Ethereum merge will see the blockchain transition from a proof-of-work validation model to a proof-of-stake one. The merge will reduce Ethereum’s energy consumption by… Source link

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How to Go From $1000 to One Million Investing in the Right Altcoin – VeChain (VET), Litecoin (LTC), and Seesaw Protocol (SSW) – Vanguard

Investing in Altcoins now could result in millions in return later. But what is an altcoin specifically? The term “altcoin” refers to a digital asset (such as a coin or token) that is not Bitcoin (BTC) – the biggest name in crypto and the most expensive digital asset out there. The goal of altcoins is to use the crypto network, which is built on open-source blockchain technology, to provide alternative use cases to the existing financial system and large tech corporations. The goal for… Source link

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Are Litecoin LTC and Fantom FTM Resuming the Larger Bullish Trend?

Cryptocurrencies have been uncertain for the last two months after the retreat from November until January, with the sentiment turning on and off every few days, forcing them to trade within a tight range. But, in the last two weeks, the sentiment has improved and cryptos have been crawling higher, which seems like a trend reversal, although it is still too early to tell. Litecoin and Fantom have some resistance to take out above, so the larger trend is not bullish yet, until those… Source link

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Which Is a Better Buy: Waves or Ethereum?

Waves ( WAVES 17.28% ) has been one of the best-performing tokens of 2022 so far. Ethereum ( ETH 4.05% ), on the other hand, is a blockchain protocol whose token, Ether, is the second most popular after Bitcoin.  Comparisons between the two are practically inevitable. So which crypto looks like a better bet now?  An ocean liner versus a speedboat  Ethereum currently has a $402 billion market capitalization. If it was a stock rather than a cryptocurrency, it… Source link

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Are Litecoin LTC and Fantom FTM Resume the Larger Bullish Trend?

Cryptocurrencies have been uncertain for the last two months after the retreat from November until January, with the sentiment turning on and off every few days, forcing them to trade within a tight range. But, in the last two weeks, the sentiment has improved and cryptos have been crawling higher, which seems like a trend reversal, although it is still too early to tell. Litecoin and Fantom have some resistance to take out above, so the larger trend is not bullish yet, until those… Source link

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