Key Takeaways While the Ethereum network is known for the crucial role it plays in the cryptocurrency ecosystem, ETH the asset is harder to define. ETH has previously been described as a “triple-point asset” and “ultra sound money” in Ethereum circles due to its utility and scarcity. Former BitMEX CEO Arthur Hayes argues that ETH will be valued like a bond when Ethereum completes the Merge to Proof-of-Stake. Share this article From a “triple-point asset” to “ultra sound… Source link

Monero Classic (XMC) gets a bullish rating from InvestorsObserver Tuesday. The crypto is up 0.43% to $0.2946954432 while the broader crypto market is up 0.61%. Monero Classic has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero Classic! Bullish Over the last five days, Monero Classic has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score… Source link

Bitcoin (BTC) fell into the Wall Street open on April 5 after briefly passing $47,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader shows importance of 200DMA for Bitcoin Data from Cointelegraph Markets Pro and TradingView showed BTC/USD encountering downward pressure as financial markets opened on April 5. The pair was thus more or less at the same level as 24 hours previously, with the intervening period seeing volatility both up and down. Amid an overall lack of… Source link

Text size Bitcoin prices could see a catalyst from a major crypto conference in Miami this week. Dreamstime … Source link

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

by Analytics Insight April 5, 2022 There is speculation whether the Bitgert project can reach the position of Ethereum Bitgert (BRISE) is, without a doubt, one of the cryptocurrencies that have been doing very well in the crypto market in the past few weeks. It was one of the cryptocurrencies that killed a zero in Q1 2022 before it slightly dropped. But can the Bitgert project become a giant like Ethereum? Well, the crypto community believes that it can. Read more below about why Bitgert… Source link

Monero (XMR) gets a very bullish rating from InvestorsObserver Tuesday. The crypto is up 6.16% to $226.45 while the broader crypto market is up 1.04%. Monero has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Very Bullish Over the last five days, Monero has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the… Source link

Litecoin price has staggered as the spectacular cryptocurrency rally takes a breather in the past few days. The LTC has fallen sharply even as on-chain data shows that activity remains strong in its network. It is trading at $122, about 9% below its highest point last week. This performance mirrors that of Bitcoin and other coins. Litecoin staged a strong recovery in the past few weeks. At the time, it managed to rise by about 35% from its lowest level this… Source link

Text size Bitcoin prices could see a catalyst from a major crypto conference in Miami this week. Dreamstime … Source link

Ethereum price has moved above the 200-day SMA, hinting at a bullish outlook. On-chain metrics for ETH are expressing extreme bullishness, adding credence to the technical scenario. Despite the overreaching optimism, there are two ‘buy-the-dip’ levels that investors need to keep a close eye on. Ethereum price shows signs of moving higher after crossing above a crucial resistance barrier. On-chain metrics also reveal a bullish outlook, adding credence to the… Source link