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Monero (XMR) spiked to its peak levels in three months, in the face of challenges in the crypto market. XMR has been gaining momentum since June 13 as it has been enjoying highest highs over the past few months. The token has been on an uptrend for the fourth day in a row and today it’s at fever-pitch with an intraday high beaming at $153.09 3hich is considerably the highest gain it has had since June 13. With this big move, XMR/USD has set its targets on a new resistance level at $155,… Source link

After the developers working on the Ethereum (ETH) network tentatively scheduled the Merge upgrade for September, analysts interested in the cryptocurrency market are looking at past information to predict the token’s activities after the update. One of them is Lucas Outumuro, the director of research at data analytics startup IntoTheBlock, who posted a chart on his Twitter account on July 22, demonstrating the historical data of Ethereum’s net issuance, as well as its projection… Source link

Yesterday, Ethereum (ETH) held on exchanges hit a four-year low following record staking figures on Ethereum 2.0 (the network’s incoming upgrade, recently rebranded to “Consensus Layer”). Centralized exchanges tracked by the analytics platform Glassnode currently hold 19.09 million Ethereum, a metric which was just under 20 million in July 2018, suggests Glassnode data. Moreover, Ethereum held on exchanges has plummeted by 10% from 21.191 million over the past five days. These data… Source link

  Bitcoin price moves higher above USD 23,000. Ethereum surpassed USD 1,620, XRP inches higher above USD 0.35. Multiple altcoins are up in double-digits. Bitcoin price remained well supported and moved above the USD 23,000 zone. BTC even climbed above the USD 23,400 level and is currently (10:20 UTC) up 2% in a day and 13% in a week. Similarly, most major altcoins are showing signs of more gains. ETH surged almost 9% and was able to… Source link

Mario Garcia said it hurts to breathe. The tear gas tossed into his poorly ventilated, tin-roofed prison cell, where he was packed in with dozens of other men, took a while to disperse. He had pain in his side, broken ribs, and other internal injuries yet to be diagnosed. Garcia said he saw five men die in the 24 days he was imprisoned after an anonymous tipster accused him of being a gang member. But he’s grateful — to God, he said, and especially to his president, Nayib Bukele — that… Source link

Text size Crypto prices have rallied across the past week. Dreamstime Bitcoin and… Source link

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Bitcoin (BTC) recovered above $23,000 into July 22 as attention increasingly focused on the upcoming weekly close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price needs to preserve at least $22,400 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD finding renewed strength after briefly dipping towards $22,000. The pair traded in a critical zone for bulls on the day, with the 50-day and 200-week moving averages (MAs) still yet to flip from resistance to… Source link

Ethereum co-founder Vitalik Buterin discussed the upcoming ‘Merge’ in which Ethereum will make a full transition from proof-of-work to a low energy intensive proof-of-stake mechanism for validating on-chain transactions. Photo: Michael Ciaglo/Getty Ethereum will change its monetary policy in the long-awaited ‘Merge’ upgrade, with the annual issuance of its ether (USD-ETH) cryptocurrency to be slashed by up to 90%. That sets the stage for ethereum to become deflationary, meaning that a greater… Source link