Monthly Archives: April 2022

Bitcoin, Ethereum Look Set to Retrace Before Rebounding

Key Takeaways Bitcoin has dropped by nearly 13% since Mar. 28.  Likewise, Ethereum has incurred more than 12% in losses. Both tokens are now approaching key support areas that may contain the bleeding.    Share this article Bitcoin and Ethereum are struggling to find support, while traders in the futures markets are showing signs of optimism. Such market behavior could result in a brief upswing before another retrace. Bitcoin Prepares to Bounce Bitcoin appears to be gaining… Source link

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Bitcoin 2022: ‘Cash is literally useless’ – Dollars and pounds attacked at crypto conference as inflation spikes | Science & Tech News

Bitcoin 2022: ‘Cash is literally useless’ – Dollars and pounds attacked at crypto conference as inflation spikes | Science & Tech News

It’s a dramatic sight. At the heart of a bustling conference hall, steam billows from a replica volcano emblazoned with Bitcoin 2022’s logo. For attendees, it’s a symbol of the cryptocurrency’s future ambitions – and shows how far Bitcoin has come since it launched in 2009. Image: A 3,000lb statue of a bull was unveiled on the first day of the conference. Pic: AP Early conferences only attracted dozens of people, mainly… Source link

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Ethereum Rollup Arbitrum Releases Major Update – CoinDesk

Ethereum Rollup Arbitrum Releases Major Update – 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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3 Unstoppable Cryptos Leaving Ethereum in the Dust in April

3 Unstoppable Cryptos Leaving Ethereum in the Dust in April

Image source: Getty Images Ethereum is down 1% this past week, while these alternative cryptos have each surged at least 25% over the same time frame. Key points In 2021, Ethereum surged due to the popularity of NFTs and DeFi, which have largely run on the Ethereum blockchain. But the smart… Source link

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LTC Trading Below $100 a Possibility

The Litecoin price has struggled to gain in the market for the past few days. In the last five days, Litecoin has reduced by over 10 per cent. Even after showing signs that the prices may likely recover in yesterday’s trading session, those gains are likely to be wiped today. In the last 24 hours, Litecoin has reduced by 1.53 per cent. The current drop in price can be partly attributed to more people moving away from Litecoin and possibly trading other… Source link

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Is Monero (XMR) Worth the Risk Friday?

Is Monero (XMR) Worth the Risk Friday?

InvestorsObserver analysis gives Monero a low risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is… Source link

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Bitcoin trader eyes $38K dip as Cathie Wood confirms $1M BTC price target by 2030

Bitcoin trader eyes $38K dip as Cathie Wood confirms $1M BTC price target by 2030

Bitcoin (BTC) faced a new threat of a dip below $40,000 on April 8 as short timeframes failed to rescue bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin risks return to $38,000 support Data from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating in a range bounded by $44,000 prior to Friday’s Wall Street open. The pair had reduced volatility after a comedown from 2022 highs during the week, but analysts warned that a return to the year’s… Source link

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Why Is Ethereum Classic Outshining Bitcoin, Ethereum Today?

Ethereum Classic ETC/USD spiked 10% to $43.24 over 24 hours leading up to Thursday night. Ethereum Classic (ETC) Price Performance Time-frame % Change (+/-) 24-hour 10% 24-hour against Bitcoin BTC/USD 9.2% 24-hour against Ethereum ETH/USD 8.05% 7-day -5.3% 30-day 59.7% YTD-performance 23.6% See Also: Ethereum Vs Ethereum Classic  The ETC Factors Ethereum… Source link

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Bitcoin and Ethereum Try to Recover, ETC and NEAR Rally

Bitcoin and Ethereum Try to Recover, ETC and NEAR Rally

  Bitcoin price is moving higher above USD 43,500. Ethereum recovered above 3,250, XRP is nearing the USD 0.80 resistance. ETC and NEAR are up 10% and 19%, respectively. Bitcoin price formed a base above the USD 43,000 level and moved above USD 43,500. It is currently (04:05 UTC) trading in a range near USD 43,600, with a key breakout zone near the USD 44,000 level. Besides, most major altcoins are attempting a recovery wave. ETH must… Source link

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