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Read More »Monthly Archives: August 2022
Litecoin (LTC) Rises 4.59%, Outperforms the Crypto Market Wednesday
Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Digital Money has added 4.59% to $61.65. InvestorsObserver is giving Litecoin a 25 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Moderately Volatile InvestorsObserver gives Litecoin a moderate volatility rank of 25, placing it in the bottom 25% of cryptos… Source link
Read More »Unknown wallet transfers $3B worth of Bitcoin linked to old address
(Article updated at 10:30 PM Eastern Time to note new details that this might not be a new purchase) A mysterious investor supposedly spent over $3 billion to purchase nearly 133,000 Bitcoin on Aug. 10 and became one of the top three largest individual Bitcoin holders; however, community assessments of the wallet activity suggest that the investor could be an old player just moving funds. One Twitter user said they tracked the wallet address and argued that the mysterious investor is an… Source link
Read More »Ethereum Spinoff Could Sputter without Stablecoins’ Backing
A pollution-spewing version of the Ethereum blockchain will live on after the main smart contract platform switches to an environmentally friendlier, far more scalable technology next month. Just don’t try to buy anything on it. Crucially, the two top stablecoin issuers, Tether and Circle, announced on Tuesday (Aug. 9) that their dollar-pegged tokens will only support the new proof-of-stake (PoS) Ethereum 2.0 blockchain that will emerge after the long-awaited “merge” happens on Sept…. Source link
Read More »Bitcoin Just Surged to $24,000. Here’s Why
Alex Dovbnya Bitcoin experienced a bout of volatility due to lighter-than-expected inflation data. The price of Bitcoin (ETH), the leading cryptocurrency, surged to an intraday high of $24,010 on the Bitstamp exchange at 12:48 a.m. UTC. Ethereum (ETH) and other top altcoins also spiked sharply higher. The most recent spike came after cooler-than-expected inflation data. The headline consumer price index (CPI) for the previous month increased by 8.5%, which is below analysts’… Source link
Read More »Can Proprivex Outshine Cryptocurrencies like Litecoin in 2022 ? – Crypto News Flash
There are constantly new cryptocurrencies entering the market. While most of them end up disappearing as fast as they came, others are worth the attention. Proprivex (PPX) is a new cryptocurrency with promising features that are sure to turn heads in the crypto market. The token was developed to solve several problems that the blockchain is faced with. Just like Litecoin (LTC), Proprivex (PPX) intends to be a game changer. This article takes a look at the… Source link
Read More »How Many Investors Are Suffering Mid-2022?
Bitcoin was trading at $35,000 early this year and experienced multiple crashes almost every month. BTC’s price slashed to half in June after it plummeted to $18,000 dragging the entire crypto markets down with it. Leading cryptos are down more than 65% from their all-time highs and shed all profits they generated last year. However, despite the markets tanking, a majority of investors seem to be unfazed by the crash. A recent survey published by Civic Science indicates that the majority… Source link
Read More »The crypto crash is pushing bitcoin back to center stage
“Often, you just don’t know within four days what the real facts are,” he said. As written, the proposed SEC rules essentially require companies to “make very important decisions with very little information.” Meanwhile, another federal agency — which has its own set of cyber incident reporting regulations in the works, separate from the SEC’s — has been carrying itself much differently, according to Simonis and numerous others in the security community. The Cybersecurity and… Source link
Read More »Zompot Token To Become As Dominant As Industry Leaders Litecoin And Dogecoin
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content. The cryptocurrency industry has seen its fair share of promising crypto projects over the years. The competitive nature of the industry makes it so that only an exceptional project stands out. After careful consideration and observation, crypto analysts have concluded that Zompot has the potential to become the next… Source link
Read More »Can Privatixy Protocol Soar As High As Litecoin and Cardano? – CryptoMode
Data security and privacy is a critical topic that has propelled a wide range of public discourse. It is due to its evident and potential impact on everyday operations in this digital era. Blockchains adopt different protocols and methods in securing their networks. Privatixy protocol (PXP) aims to develop a very secure blockchain protocol that could generate a lot of profit for traders. Could it ascend to the likes of Litecoin (LTC) and Cardano (ADA)? Privatixy Protocol (PXP) Is… Source link
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