Monthly Archives: July 2022

Bitcoin price holds $20K, but analysts say ‘expect 6 months of sideways’ price action – Cointelegraph

Trading across the cryptocurrency market was relatively subdued on July 5 as the ecosystem continues to digest the fallout from the Three Arrows Capital scandal and Voyager Digital announcing that it has filed for Chapter 11 bankruptcy protection.  Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) has spent the day oscillating around the $20,000 support level, ranging from a low of $19,775 to an intraday high of $20,480 on $25.48 billion in trading… Source link

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Ethereum Merge Moves One Step Closer Following Sepolia Trial Run

In brief Ethereum testnet Sepolia today moved over to proof of stake. Just one more testnet remains before the entire network completes the Merge. The Merge, a long-awaited update to the network, is expected to happen this year. Ethereum is one step closer to “The Merge”—its long-awaited move to a proof-of-stake blockchain. Today, another one of its testnets, Sepolia, executed its own merge and made the switch to proof of stake.  A testnet, short for test network, allows those using a… Source link

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Are good times for Litecoin [LTC] too good to last for long

The crypto crash of June has undoubtedly created various losers. However, an unlikely winner is emerging from this crash and it stands to be Litecoin [LTC]. The altcoin happens to be one of the earliest cryptocurrencies in place and has ramped up activity in recent weeks after a long sabbatical. LTC has also been getting attention after major developments observed in the on-chain data. Where does LTC stand at the moment? Back from the dead Who would have thought Litecoin could… Source link

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BTC Hovers Slightly Above $20,000, as Crypto Volatility Continues – Market Updates Bitcoin News

BTC Hovers Slightly Above $20,000, as Crypto Volatility Continues – Market Updates Bitcoin News

BTC was trading higher on hump day, as bullish momentum picked up as the week progressed. Prices once again tested a key resistance level above $20,000, with ETH also hovering around a ceiling of its own during Wednesday’s session. Bitcoin Bitcoin was trading in the green for most of Wednesday’s session, as bullish pressure continued to intensify. Following a low of $19,341.23 on Tuesday, BTC/USD was up by over $1,000 from this point earlier today. Prices rose to a peak of… Source link

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Monero (XMR) Up 2.48% Wednesday: What’s Next?

Monero (XMR) Up 2.48% Wednesday: What’s Next?

Monero (XMR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Digital Money has increased 2.48% to $124.54. InvestorsObserver is giving Monero a 38 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero! Moderately Volatile InvestorsObserver gives Monero a moderate volatility rank of 38, placing it in the bottom 38% of cryptos on… Source link

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Should You Sell Monero Classic (XMC) Wednesday?

Monero Classic receives a weak long-term technical score of 1 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. XMC currently holds a superior long-term technical… Source link

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