The cryptocurrency market registered a much-needed surge recently, with the market cap up to almost $1 trillion. Ethereum, the world’s largest altcoin, led the charge with a 14% hike following recent developments around the Merge. Joining the millionaire alley ETH, at the time of writing, was trading around the $1.35k-mark thanks to renewed interest from enthusiasts. Whale activities just aided this cause, as highlighted by the analytical firm – Santiment. Following this… Source link

A Bitcoin node is a pivotal piece of the Bitcoin (BTC) protocol. For bad actors, attacking nodes and bringing them offline is a sound strategy to undermine the network’s resilience. For one British Bitcoiner, such an attack took place, as the actions of his feline friend rendered his Bitcoin node “unreachable.” Bodl_hodler (who wishes to remain anonymous) told Cointelegraph that he “started running Raspberry Pi as Umbrel node January 2021,” as he wished to contribute to the overall… Source link

A July 9 post by @PricedinBTC on the “cost to mine Bitcoin” in the United States gathered the crypto community’s attention, especially considering the recent headlines that BTC miners have made. The crypto bear market and growing energy costs have caused a perfect storm for the mining sector and this has led some companies to lay off employees and others to defer all capital expenditures. Some went as far as raising concerns of Bitcoin miners hitting a “death spiral.” In bear markets like… Source link

Alex Dovbnya This veteran trader is not impressed by Ethereum’s most recent rally In a recent Twitter thread, Peter Brandt threw cold water on Ethereum’s most recent rally, claiming that it is “questionable.” The veteran trader noted that the most recent upturn came on “extremely light volume.” This suggests that the Saturday rally was likely a flash in the pan. Otherwise, the uptick would have been based on aggressive buying from strong hands, according to Brandt. As… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Recent market-wide gains helped Litecoin [LTC] buyers reclaim the $53-level over the past 24 hours. As a result, the altcoin quickly jumped above the EMA ribbons to project strong buying momentum. Furthermore, the recent bullish engulfing candlesticks reflected a solid uptick in buying pressure. Sustained rejection of higher prices in the… Source link

InvestorsObserver gives Monero Classic a strong long-term technical score of 96 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin’s support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it’s a strong buy-and-hold investment opportunity currently for traders. XMC at this time… Source link

Ever since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in the U.S. by leveraging the Chapter 11 process. Two days after the bankruptcy filing, a report disclosed that two people familiar with the matter allege that the private lending platform that owes Celsius $439 million is Equitiesfirst. FT Sources Allege Private Lending Platform That Owes Celsius $439M Is… Source link

Monero receives a strong long-term technical score of 67 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. Currently, XMR holds a superior long-term technical analysis score than 67% of… Source link

Gamza Khanzadaev Shytoshi Kusama makes fun of Litecoin (LTC) in his tweet to Bloomberg Business Shytoshi Kusama, lead developer and one of the main actors of the Shiba Inu (SHIB) project, recently addressed Bloomberg Business with a request to stop referring to Litecoin (LTC) as the third option after Bitcoin (BTC) and Etherium (ETH) when it comes to cryptocurrencies. Litecoin did not stand aside and responded to Kusama’s mockery with a remark that LTC should be the first on… Source link

Trend forecaster Gerald Celente told Bitcoin.com News that “World War III has begun,” weighing in on Covid-19, crypto, the Great Reset, and gold in an exclusive interview. Jordan Belfort, aka the Wolf of Wall Street, talked long-term BTC investing, as scorching inflation in the U.S. continues to plague Americans, though Biden’s White House says the latest numbers are “out-of-date.” All this and more in your bite-sized digest of this week’s hottest stories from Bitcoin.com… Source link