Monthly Archives: April 2022

An Intro to Bitcoin and How it Works

Bitcoin is a money technology, the first drastic change since the creation of banking over 900 years ago with radical advances in money transfer, control, safekeeping, and money supply and issuance. In Short Bitcoin improves money as a whole: both for its use and creation. It is as easy to use as a bank account or digital banking application. Bitcoin allows users to move their money 24/7/365, in minutes. It gives users control over their money, adding enhancements to digital… Source link

Read More »

Litecoin [LTC]: What is a ‘good time’ to buy into the altcoin

One of the first proper alternatives to Bitcoin, Litecoin has amassed a huge following all across the crypto-community. While never as popular as BTC, LTC has carved a niche for itself, with its price valuation reflecting the same as well. Attractive valuations? Like most altcoins, Litecoin registered an incredible price rally too. Towards the beginning of 2021, it climbed from $125 to nearly $400, before falling to where it is now – Trading below even its early-2021 levels of… Source link

Read More »

MATIC and Litecoin Investors Love Bitgert For Its Faster Growing Ecosystem

MATIC and Litecoin Investors Love Bitgert For Its Faster Growing Ecosystem

by Analytics Insight April 17, 2022 The Bitgert team is developing its ecosystem faster than many other cryptocurrencies. Investing in the best cryptocurrency is a decision informed by a range of factors. But the project’s potential to grow is one of the things that investors need to consider. You can only get good profits when you buy the fastest-growing cryptocurrency. Bitgert (BRISE) has been one of the cryptocurrencies that are doing very well in terms of growing their ecosystems…. Source link

Read More »

Huge Move Incoming? (Ethereum Price Analysis)

Following almost zero moves, Ethereum has been going through a period of low volatility over the past week. The price is amid the critical support at $3,000, and the bulls have so far successfully defended it. Technical Analysis Technical analysis by Grizzly The Daily Chart On the daily timeframe, the bulls have held the price above the support at $3,000. Buyer takers in this area have gained a little more power, and the volume delta has increased. Looking at the last few… Source link

Read More »

Ethereum-based stablecoin protocol Beanstalk loses more than $80 million to exploit

Ethereum-based stablecoin protocol Beanstalk loses more than $80 million to exploit

advertisement Beanstalk, a credit-focused stablecoin protocol built on Ethereum, was exploited Sunday morning. The attacker obtained more than $80 million worth of crypto, including 24,830 ETH — an amount worth roughly $75.8 million as of press time. The remainder of the exploited funds were in the form of drained liquidity connected to the protocol’s governance token. Transaction data indicates that the exploiter has since begun moving funds to Tornado, an Ethereum-based mixer that… Source link

Read More »

Monero Faithful Coordinate ‘Bank Run’ to Test Exchanges’ Reserves

A group of Monero enthusiasts, apparently fed up with centralized exchanges, has said on social media that it’s planning an XMR “bank run” on April 18. The so-called Monerun, on the eighth anniversary of the coin’s launch, is a reaction to what community members see as a lack of transparency over Monero, including allegations that central exchanges are suspending XMR withdrawals and misrepresenting reserves. “Looking more and more like exchanges are paper trading #Monero and lying… Source link

Read More »

Bitcoin: Is there a case for ‘speculating’ on BTC’s fundamentals

The OG cryptocurrency, Bitcoin, has been a source of sorrow for many in 2022. Since the beginning of the year, it has been stuck in a range, peaking at around $48,000. Back in November 2021 – cryptos were on a roll and it seemed like nothing could stop them. Then came the crash that wiped out 50% of Bitcoin’s value in under three months. This has led investors to become extremely wary of cryptocurrencies in general. Is a further fall likely or can it recover from hereon? There was some… Source link

Read More »

Here’s Why Monero Is My Favourite Crypto in 2022

Here’s Why Monero Is My Favourite Crypto in 2022

crypto blockchain Written by Ambrose O’Callaghan at The Motley Fool Canada The cryptocurrency market has largely stalled in 2022. It had been locked in competition with gold and silver as an alternative haven. Unfortunately, it has been unable to attract the desired attention in the face of turbulent conditions so far this year. Today, I want to discuss why Monero (CRYPTO:XMR) is my favourite cryptocurrency to target right now. Let’s jump in. Here’s why Bitcoin has failed to regain momentum… Source link

Read More »

Here’s Why Monero Is My Favourite Crypto in 2022

Here’s Why Monero Is My Favourite Crypto in 2022

Image source: Getty Images The cryptocurrency market has largely stalled in 2022. It had been locked in competition with gold and silver as an alternative haven. Unfortunately, it has been unable to attract the desired attention in the face of turbulent conditions so far this year. Today, I want to discuss why Monero (CRYPTO:XMR) is my favourite cryptocurrency to target right now. Let’s jump in. Here’s why Bitcoin has failed to regain momentum in the first half of… Source link

Read More »

Litecoin: Why richer holders are moving around LTC all of a sudden

In an interesting turn of events, Litecoin holders exhibited a surprising change in their behavior when the more affluent cohorts suddenly became active around the last couple of days. Now regular activity isn’t unusual since it is obvious for them to move their LTC holdings around, but the sudden random spikes do raise questions. Litecoin holders too confident or too afraid? Transactions worth more than $100k had been noticing spikes around the beginning of this month, but they crossed… Source link

Read More »