Monero receives a low risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a coin can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk. InvestorsObserver is… Source link

Ethereum (ETH) took off over the weekend and has extended its gains during today’s trading session. The second crypto by market cap could extend its gains, as “The Merge” becomes a certainty. The event that will complete Ethereum’s transition from a Proof-of-Work (PoW) to a Proo-of-Stake (PoS) consensus algorithm, “The Merge” has been set for September 2022. One of the most expected dates in the crypto industry, market participants seem divided on its short-term… Source link

InvestorsObserver analysis gives Litecoin a low risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is… Source link

Image source: Getty Images ETH co-founder Vitalek Buterin spoke at a blockchain meeting in Korea today, predicting the Ethereum Merge will transform crypto payments and the entire digital asset class. Key points Ethereum’s in-house coin — ETH — was up 6% to as high as $1,806.89 during the… Source link

“The ETH futures market has been digesting the possibility, as basis is currently negative, coalescing around the December 2022 expiry,” said Ainsley To, a senior research analyst at Genesis Global Trading, which is owned by Digital Currency Group, CoinDesk’s parent company. Source link

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Ethereum surged to a two-month high on Monday, as crypto prices have mostly moved higher following Friday’s nonfarm payrolls report. Bitcoin rose to a one-week high, as the token climbed above $24,000 to start the week. Overall, the global market cap is trading 4.11% higher as of writing. Bitcoin Bitcoin (BTC) was up for a second successive session to start the week, with prices moving closer to a key resistance level. Following a low of $23,024.80 on Sunday, BTC/USD rallied to an… Source link

Any currency must have an exchange value, i.e., it can be exchanged for products or services. Cryptocurrency has been trying to bridge this usability gap for a while now; however, to make it popular as a means of payment, the industry was marred with periods of high transaction fees. Ethereum, the second-largest cryptocurrency and the leader of altcoins, has become synonymous with high gas fees. Acknowledging the same, the co-founder of Ethereum, Vitalik Buterin, noted that the crypto… Source link

A popular crypto analyst is breaking down how the partnership between two financial giants could trigger a Bitcoin (BTC) explosion to $773,000. Last week, US-based crypto titan Coinbase announced that it teamed up with BlackRock, the biggest asset manager in the world, to bring cryptocurrency trading to wealthy clients. In a new strategy session, the host of InvestAnswers tells his 443,000 YouTube subscribers that the partnership could boost Bitcoin’s market cap by a trillion… Source link

On 8th August 2022, the US Treasury Department imposed sanctions on USDC and ETH addresses linked to Tornado Cash. The mixer, as such, was involved in few recent hacks in the DeFi world, including the Wormhole attack in February, the Ronin network hack by the North Korea-affiliated Lazarus Group in March, and the Horizon bridge attack in June. The body revealed that individuals and groups had used Tornado Cash to launder more than $7 billion worth of crypto since 2019. Read More: