Text size Dreamstime Bitcoin edged higher Friday but remained below $41,000 as an… Source link

Monero (XMR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Digital Money has added 1.18% to $232.65. InvestorsObserver is giving Monero a 28 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero! Moderately Volatile InvestorsObserver gives Monero a moderate volatility rank of 28, placing it in the bottom 28% of cryptos on the… Source link

Bitcoin and Ethereum—the two largest cryptocurrencies by market cap—are down by approximately 8% over the last week.  Both cryptocurrencies, priced at $40,200 and just a tick over $3,000, are also edging closer to falling below landmark prices.  This already happened earlier this week, when Bitcoin and Ethereum fell by 15% and 14%, marking the first time each asset fell below $40,000 and $3,000 since mid-March. This price slump remains part and parcel of an ongoing market downturn in… Source link

“A formal signal to break the support will be considered a failure under the previous lows in the $38,000 area,” Alex Kuptsikevich, senior financial analyst at FxPro, wrote in an email to CoinDesk. “The ability to develop a reversal to the offensive from these levels, on the contrary, will reinforce the importance of this moderate uptrend line.” Source link

Today’s trading session is showing a rebound of Litecoin prices from yesterday’s session, which resulted in a three per cent price drop. Today’s session is also a continuation of a bullish trend that started on April 12 and that has seen the prices rise by eight per cent. Among the reasons why Litecoin prices have picked in recent days and resulted in the eight per cent gain is the whales. A report released by Santiment a few days ago showed many whales… Source link

Sensational Seesaw Protocol (SSW) launches on CoinMarketCap as Litecoin (LTC) and Stellar (XLM) are on the up Seesaw Protocol (SSW) has had its SSW token listed on both PancakeSwap (CAKE) and Seesaw Swap It’s difficult to not mention them at the moment because Seesaw Protocol (SSW) is thriving at the minute. As a new cryptocurrency, Seesaw is setting an example of how the new kid on the block can still have an impact so early on in their journey. The likes of Litecoin (LTC) and Stellar (XLM)… Source link

Bitcoin (BTC) may be heading under $40,000 but fresh data shows that demand from major investors is anything but decreasing. For Ki Young Ju, CEO of on-chain analytics platform CryptoQuant, institutional BTC buying “could be the big narrative” in the crypto space once more. Coinbase Pro shifts serious amounts of BTC Ki highlighted figures from Coinbase Pro, the professional trading offshoot of United States exchange Coinbase, which confirm that large tranches of BTC continue to leave its… Source link

LTC/USD entered a recovery mode on Tuesday, but today, it hit resistance at 112.30, staying below the downside resistance line drawn from the high of March 30th. As long as the crypto continues to print lower highs and lower lows below that line, we will continue aiming lower. A clear and decisive dip below 105.70 could confirm the case for further declines and perhaps target the low of April 11th, at 101.35. If that zone doesn’t hold this time around, its break would… Source link

The biggest, most effective privacy coin was on a six-month slide until Feb. 24, when it began a steady climb, rising from around $235 to $335. While there a lot of things that can affect the price of any cryptocurrency, it’s probably worth noting that a token designed expressly to hide crypto transactions — and keep law enforcement from tracking them across blockchains — is up more than 40% since Russia invaded Ukraine and U.S.- and European Union-led sanctions sent the aggressor’s… Source link

Over the past three months, Bitcoin’s (BTC) daily closing price fluctuated between $35,050 and $47,550, which is a 35.7% range. Although it might seem excessive, this is not unusual, especially considering BTC’s 68% historical annualized volatility.  Bitcoin/USD 1-day chart at Coinbase. Source: TradingView The relief rally that came after the April 11 dip below $40,000 followed the U.S. Consumer Price Index (CPI) report that announced 8.5% for March, the highest since 1981. Meanwhile, in… Source link