Kameleon007/iStock Unreleased via Getty Images With Ryan Wilday and Avi Gilburt The news is getting pretty bearish out there on Ethereum. This year has been awash with new speculation about delays in the launch of the Proof of Stake conversion also known as ETH 2.0. Additionally, there have been bearish-leaning reports about drops in TVL (Total Value Locked) and how much that appears to correlate with price. Lastly, it’s been deemed news-worthy that Jack Dorsey is something of an Ethereum… Source link

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Litecoin has been trading at a discount from its previous ATH just like many other cryptocurrencies. However, LTC’s latest performance puts it in oversold territory especially now that it has dipped its toes below $100 once again. Litecoin traded at $389 at its peak in May 2021 and has not managed to rally back to those levels since then. It traded at $98 at the time of this press, courtesy of a strong bearish start. Its current price is discounted by roughly 77% from its ATH, meaning it… Source link

by Analytics Insight April 25, 2022 The whole of the crypto market is crashing, with most crypto coins pulling back over the past few days. After some weeks of great performance that made many believe it was heading to $50k, Bitcoin has dropped to trade below 38k. Other large cryptocurrencies affected by the crashing market are Matic and Litecoin, though they have been a bit stable. But Bitgert (BRISE) has been among the very few cryptocurrencies skyrocketing during the current bear… Source link

Litecoin (LTC) has been relatively less volatile compared to the crypto market. So far Monday, the Digital Money has declined 1.47% to $103.12. InvestorsObserver is giving Litecoin a 17 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Low Volatility InvestorsObserver gives Litecoin a low volatility rank of 17, placing it in the bottom 17% of cryptos on the market. The Volatility Gauge… Source link

Text size Tesla CEO Elon Musk has been an outspoken proponent of cryptocurrencies. Win McNamee/Getty Images … Source link

Text size Bitcoin prices fell below $40,000 late last Friday. Dreamstime Bitcoin … Source link

Bitcoin and ethereum have been highly volatile this year as risky assets sell off. Tammy Da Costa, an analyst at DailyFX, shared how each token should trade this year. Here’s why Tesla CEO Elon Musk’s plan to buy Twitter may also boost dogecoin. Choppy trading has defined the cryptocurrency market so far in 2022, and investors should expect more of the same for the… Source link

The global equity markets are a sea of red, with European stocks hovering at one-month lows and the futures tied to the S&P 500 nursing a 0.7% drop. Commodities also faced heavy losses, ending their recent resilience. Gold, a traditional safe haven and inflation hedge, fell nearly 1% to $1,917 per ounce. Source link

Quantitatives/Unsplash The price of Monero (XMR) fell by about 10% three days after hitting a week-to-date high of around $290 on April 24. Still, multiple technical indicators indicate that the XMR/USD pair is prepared to resume its rise in the coming months. Falling wedge breakout ahead The price of XMR broke out of its “falling wedge” pattern in late March. It continued to rise in the later daily sessions, with increased volumes showing bullish sentiment among Monero traders. In… Source link