Monthly Archives: April 2022

Blazing an Optimistic Trail on Ethereum

Governance will eventually be split between two co-equal branches, according to a constitution An initial retroactive airdrop will be the first of many seeking to coordinate network participants Optimism — an Ethereum layer-2 solution featuring optimistic rollups — is planning to decentralize its governance through the release of a token. The network detailed the token launch, OP, in a blog post this… Source link

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Bitcoin halving analysis hints at $24K bottom before the end of 2022

One of the most popular topics of debate within the crypto community revolves around the Bitcoin (BTC) four-year halving cycle and the effect it has on the long-term price of the top cryptocurrency.  Bitcoin price failed to hit the long-predicted $100,000 level in 2021 and many crypto analysts now find themselves wondering about the outlook for the next six to 12 months. Currently, BTC price trades below $40,000 and various technical analysis metrics suggest that further downside is more… Source link

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Bitcoin whale holdings at 7-month highs despite warnings of BTC price crash to $20K

Bitcoin whale holdings at 7-month highs despite warnings of BTC price crash to $20K

Bitcoin (BTC) prices could drop by 20% in the next few months, but that has not deterred its richest investors from stacking. The amount of Bitcoin held by “unique entities” with a balance of at least 1,000 BTC, or so-called “whales,” has increased to its best levels since September 2021, data on Glassnode shows. Interestingly, the number in the past week grew despite Bitcoin’s price decline from $43,000 to around $38,000. Bitcoin whales holdings. Source: Glassnode Marcus Sotiriou, an analyst… Source link

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LOG, DOT and LTC: Will Logarithmic Finance’s Staggering 63% Surge in Compares With Polkadot and Litecoin?

New cryptocurrencies are always coming to the market. Some are worthy of attention, while others are ‘just another brick in the wall.’ In this respect, Logarithmic Finance is emerging as a top crypto token and competing with Polkadot and Litecoin. Most importantly, the token has surged by over 63% in its presale stage and attracted the attention of investors. Let’s find out if the new cryptocurrency can be the champion in the coming days. What is the LOG… Source link

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Is Cryptocurrency Monero a Good Investment?

By late 2016, Monero (XMR -2.43%) was the fifth-largest cryptocurrency in the world, with a market cap of $133 million, while Bitcoin, the largest crypto, was worth $14.4 billion. Today Bitcoin has soared over 5,000% to $763 billion, while Monero grew a little over 3,200% to $4.2 billion in the same time frame — falling to No. 33 on the crypto leaderboard. Despite posting decent growth over the last six years, Monero is no longer a leading cryptocurrency. Is… Source link

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Ethereum Trades Below $3,000 Support, Why Is ETH Falling Since November?

Ethereum has been on quite the journey, from splitting to creating its market presence within a few years. And now, they are looking at saving electricity and other concerns put forth by analysts with their latest validation protocol. The cryptocurrency supports several blockchain networks through its layers-2 services and validations.  With all these facts combined together, ETH could very well dethrone Bitcoin as the number 1 largest cryptocurrency network. Related Reading | TA: Ethereum… Source link

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While ApeCoin (APE) is Up Nearly 37% in the Last Week, Monero (XMR) Added Nearly 20% Gains — How Seesaw Protocol (SSW) is Silently Changing the Game

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists. The cryptocurrency markets are in turmoil, with numerous popular currencies losing value during the last week. On the other hand, several cryptocurrencies have resisted market sentiment and notched double-digit gains during the previous week. While Apecoin (APE) increased by 37% to $16.56, Monero (XMR) increased by over 20% to… Source link

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Litecoin Drops 87% Trading Volume In Q1 2022

The interest in cryptocurrencies continues to wane in 2022, as does Litecoin’s popularity. The trading volume of Litecoin was eight times lower in the first quarter of 2022 than it was in the first quarter of 2021.  For example, the trading volume from January to March 2022 was around $82 billion, 87% less than in Q1 2021. In the first quarter of  2021, the trading volume was  $674.9 billion. Litecoin (LTC) trading volume crashed by more than $590 billion in quarterly comparison.

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