Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer.  Monero dipped sharply beneath the $180 level a few days ago but was swift to bounce back and reach the $200 mark when Bitcoin rallied from its range lows. At the time of writing, Monero was trading within a range beneath a bear-dominated area on the chart, but a breakout and retest could offer an opportunity to buy XMR. XMR- 4 Hour… Source link

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With a market cap exceeding $220 billion at the time of writing, Ethereum is the second-largest cryptocurrency in the world. Millions of people own Ether, and many more are interested in purchasing it. But, how do you buy Ethereum for yourself? What Is Ethereum? Ethereum itself isn’t actually a cryptocurrency. Rather, Ethereum is the name given to the open-source blockchain, with Ether serving as a native cryptocurrency on the network. While this is the case, Ether and… Source link

This article originally appeared in Bitcoin Magazine’s “Moon Issue.” To get a copy, visit our store. Energy money is the catalyst and tip of the spear for an intelligent sentient species’ transition from a Type 0 into a Type 1 civilization on the “Kardashev scale,” which measures the energy and technological mastery of a society. ALL intelligent sentient species are on this path, whether consciously or unconsciously, and must reach this point before they are eliminated by: one or a… Source link

Key Insights: ETH’s price is down by 62.35% from its 2021 all-time high. Short-term gains for the coin seem limited, but ETH’s price could still outperform in the long term. The switching Ethereum to Proof-of-Stake could add bullish momentum to the coin’s trajectory. While 2021 was a stunning year for the top altcoin ether, the new year drowned the larger market and ETH into a sea of bearishness. On December 31, 2021, ETH/USD traded in the high $3761 zone. For most of December 2021, ETH… Source link

Ethereum founder Vitalik Buterin appeared to muse on, if not directly respond to, an open letter from tech professionals urging lawmakers in Washington to be wary of crypto. The letter he was responding to, published Wednesday, was signed by 26 computer scientists from American tech giants including Facebook, Amazon, Apple, Netflix and Google. It asked policymakers to question the narrative that cryptocurrencies “are an innovative technology that is unreservedly good.” Later that… Source link

Monero (XMR) gets a bullish rating from InvestorsObserver Thursday. The crypto is up 2.85% to $201.92 while the broader crypto market is down 0.21%. Monero has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Bullish Over the last five days, Monero has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Monero over… Source link

Twenty-three agonizing days have passed since Bitcoin (BTC) last closed above $32,000 and the 10% rally that took place on May 29 and 30 is currently evaporating as BTC price retraces toward $30,000. The move back to $30,000 simply confirms the strong correlation to traditional assets and in the same period, the S&P 500 also retreated 0.6%. Bitcoin/USD 12-hour price at Kraken. Source: TradingView Weaker corporate profits could pressure the stock market due to rising inflation and the upcoming… Source link

Right now, we’re in a global environment where assets are going down. That’s true across equities, bonds, broad-based futures of various kinds, crypto, and there’s a lot of macroeconomic factors going into these down moves. There’s also specific things to crypto, for example, in everything that happened with the Terra ecosystem. What we’re finding now is, as crypto gains more mainstream adoption, that means that more institutions are allocating percentage of their portfolios of crypto, which… Source link

Automated market maker and decentralized finance (DeFi) protocol Balancer has officially deployed on Optimism, the highly touted Ethereum layer-2 scaling solution, in a move designed to enhance user functionality by increasing scalability and reducing fees.  Balancer’s Optimism deployment was carried out in conjunction with Beethoven X, a decentralized investment platform on the Fantom Network that forked from Balancer v2. Together, both teams are said to have developed a decentralized… Source link