Text size Digital asset prices have collapsed in 2022. Dreamstime Bitcoin and other… Source link

Text size Digital asset prices have collapsed in 2022. Dreamstime Bitcoin and other… Source link

Monero (XMR) gets a bullish rating from InvestorsObserver Monday. The coin is up 5.01% to $131.02 while the broader crypto market is down 2.86%. 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 the… Source link

Bitcoin started the week in the red, as Monday saw prices fall for a second consecutive session. Following a recent run towards $22,000, the world’s largest crypto dropped below $21,000 earlier today, with ETH slipping below $1,200. Bitcoin Bitcoin dropped below $21,000 on Monday, as prices continued to slip, following a recent encounter with a key resistance point. Since hitting its resistance level of $22,070 on Friday, BTC has fallen for three straight sessions, with today’s… Source link

 Bankless reviewed the performance of the Ethereum Network and its ecosystem in the second quarter of 2022.  It addressed the performance of the network in four key areas: protocols, decentralized finance (DFI), non-fungible tokens (NFTs), and Layer 2. It highlighted key developments in the Ethereum ecosystem over the past quarter head of the Ethereum 2.0 merger. In its new study titled “State of Ethereum Report — Q2, 2022,” Bankless reviewed the performance of the… Source link

ANI | Updated: Jul 11, 2022 17:31 IST New Delhi [India], July 11 (ANI/ATK): This week’s steep sell-off highlighted the risks of digital currencies, which are still experimental and unregulated. As a result of the lack of real-world applications and unpredictability, investors are now looking for alternative options to recover their losses. Fortunately, some cryptocurrencies are… Source link

Place/Date: – July 11th, 2022 at 11:31 am UTC · 3 min read Source: Xchange Monster Cryptocurrency has become an undeniably popular topic across social media platforms and everyone seems to be buying crypto tokens. This crypto winter could present the opportunity for you to do the same. But choosing the right tokens can be a challenge and requires performing extensive market analysis. The SAND, XMR and MXCH tokens are pushing innovation forward in the cryptosphere and you do not… Source link

Recently, data shared by Glassnode, a Blockchain data company, has revealed that a total of 13 million ETH, or 10.9 per cent of the total supply, has been put in the 2.0 contract. Lido controlled 4.13 million ETH of this or more than 31.8 per cent of the entire investment, and Coinbase, Kraken, and Binance held nearly 3.5 million ETH together, or about 27 per cent of the total position, according to various media reports. What Is Ethereum? At its heart, Ethereum is a… Source link

Analysts, however, retain confidence in the multiple’s predictive powers. “Mining is still the backbone of the network, whether the portion [of miner flows] is small or not. This is why the metric gets higher importance in our opinion, irrespective of narratives. The metric is not invalidated yet,” cryptocurrency intelligence firm Jarvis Labs told CoinDesk. Source link

Arman Shirinyan Ethereum’s downtrend is far from being over as more exchanges offer high interest rate to those who are willing to short FTX centralized exchange could be one of the biggest sources of selling pressure on Ethereum and other cryptocurrencies by funding traders who are willing to provide their coins in exchange for a high APY. Such a strategy creates massive pressure on an asset that is already struggling to maintain above local support levels. Essentially, FTX is… Source link