Monthly Archives: July 2022

Dogecoin Vs. Litecoin – What’s the Difference?

When you learn the key differences between Dogecoin (DOGE) and Litecoin (LTC), it will help you to better understand the history of the blockchain market. Both of these projects were early contenders in the sector. As such, each has a pioneering spirit that drives their community and developers. Here’s some valuable insight into the differences between Dogecoin and Litecoin. What is Dogecoin? Dogecoin is a first-generation cryptocurrency that was designed to bring a little fun into the… Source link

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Bullish rally drives LTC prices to $54.04

Litecoin price analysis today is bullish as the price of LTC has rallied to $54.04 after breaking out from a descending channel. The cryptocurrency had been trading inside this channel since early today. The price is currently facing resistance at $54.12 and has found support at $52.20. If the bulls can push the price above $54.12, Litecoin might target the next level of resistance at $55.40. However, if the bears take control, Litecoin might drop to $51.50. The LTC/USD pair has increased… Source link

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What Is Ethereum Crypto? – Forbes Advisor Australia

Ethereum, also commonly known as Ether, is the world’s second largest cryptocurrency behind Bitcoin, and like any digital currency, it has experienced its fair share of ups and downs over its relatively short lifetime. The price of Ethereum rose to a record $US4800 in late 2021, which signified a rise of more than 900% over the previous 12 months and sparked speculation that Ether would overtake Bitcoin in value. However, Ether was not immune from the crypto routing of May… Source link

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Litecoin price set to print a very classical bullish pattern

Litecoin price shows ambition in reaction to the Fed’s interest rate decision. A bullish engulfing candlestick is one hour away from settling as the New York Session comes to end. The bullish engulfing candle will establish a more important morning star pattern on the daily chart.  Litecoin price currently trades at $58.75. There is a slight uptick in transactions according to the Volume Profile Indicator. Additonaly the bulls have hurdled both the 8- and 21-day… Source link

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Ethereum: These metrics can give aggressive traders some clarity

Ethereum [ETH] has witnessed quite a difficult journey in July. The alt’s price hit as low as $1,040 and then scorched up to $1,640 within a period of three weeks. Such a price change of over 58% is a rare anomaly in major chains, such as Bitcoin [BTC] and Ethereum. But the latest ugly start to the week has raised a few eyebrows. And, you might ask- will Ethereum be a case of “buying the rumor, selling the news?” Well, the Ethereum network is sending out mixed signs at… Source link

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Ethereum Recovery Faces Major Hurdle, Risk of Fresh Decline Exits

Ethereum declined towards $1,350 before recovering higher against the US Dollar. ETH is now facing a major resistance near the $1,460 and $1,500 levels. Ethereum extended losses and traded below the $1,400 level. The price is now trading below $1,460 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,440 on the hourly chart of ETH/USD (data feed via Kraken). The pair could struggle to recover above the $1,440 and $1,460 resistance… Source link

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Bitcoin Global Money For World – Bitcoin Magazine

Bitcoin Global Money For World – Bitcoin Magazine

Globalization + What Is Money = Bitcoin What is money? It’s one of the more popular questions of the last few years. Especially in 2020 and 2021, when the grand, new U.S. administration decided to act as if a drunken sailor had taken over the keys to the printing press. “You get money, you get money, and you get …” CTRL+P … CTRL+P … CTRL+P … So — what is money? It’s a question I asked early in my journey that started in the depths of the Great Financial Crisis (GFC). I asked… Source link

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Bullish Sentiment Spills Over To Institutional Investors As Ethereum Inflows Balloons

Institutional investors had been showing bearish sentiment towards Ethereum for the longest time. The second-largest cryptocurrency by market cap, which had initially caught their attention, was not doing as well as expected, and the outflows that followed were massive. However, it looks like sentiment among these large investors is beginning to turn positive as Ethereum has begun to record inflows. Ethereum Inflows Balloons Over the last several weeks, Ethereum inflows have been ramping… Source link

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Why Bitcoin Is A CDS On The Fed – Bitcoin Magazine

This is an opinion editorial by Adam Taha, an entrepreneur with two decades of government and corporate finance experience. The latest consumer price index (CPI) print came out at a shocking 9.1% (9.8% in cities), and many speculators expected bitcoin’s price to “moon.” What happened was the opposite and bitcoin’s price action correlated with other risk assets. Many threw an expected tantrum and asked why? “I thought BTC was a hedge against inflation … when moon?” Keep in mind… Source link

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