A popular crypto analyst is predicting that one big Ethereum rival will rally and says ETH itself is showing significant strength.  In a new strategy session, the host of YouTube channel InvestAnswers tells his 443,000 subscribers that Ethereum’s recent rally still has gas in the tank “ETH has been enjoying three weeks of big fat green candles and it is well above the 200-week moving average, which is at $1,200 and Ethereum is banging on the door of $1,600 real soon. Also… Source link

Decided Monero is safe for your risk tolerance? You can get Monero on Binance today. Billed as the ultimate cryptocurrency for privacy, Monero has attracted both positive and negative attention from libertarians and governments everywhere. Is Monero, as controversial it is, safe and worth including in an investor’s portfolio? How is Monero Secured? Monero (XMR) is a proof-of-work (PoW) blockchain forked from Bytecoin in 2012. Monero (XMR) is a unique… Source link

Coinbase is now offering Ethereum staking to its institutional domestic clients in the United States on Coinbase Prime. The announcement was made by the global cryptocurrency exchange in one of its recent blog posts. Not necessarily for good reasons, Coinbase has recently been in the news. Just a few days ago, the former product manager of the crypto exchange was taken into custody. A disappointing piece of news was then delivered to COIN investors as it was disclosed that Cathie Wood… Source link

On the macroeconomic front, things will be relatively quiet to start the week, although on Monday the Institute of Supply Management released a survey showing that manufacturing in the U.S. slowed down in June. Construction spending declined by 1.1% in June from May, missing estimates. The purchasing managers index, however, exceeded estimates with a reading of 52.8. A reading above 50 indicates that manufacturing is expanding, and a reading below 50 indicates that manufacturing is contracting. Source link

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What really makes a successful revolution? Passions aroused could fuel disruptions and likewise, help their overall agenda. Well, for the cryptocurrency community, the agenda is decentralisation, thereby employing P2P (peer-to-peer) technology. However, one such cryptocurrency known for its privacy-oriented features saw its supporters revolt for a cause. Whatever it takes Monero is currently the market’s largest privacy coin, in terms of market valuation, with a $2.8 billion… Source link

What really makes a successful revolution? Passions aroused could fuel disruptions and likewise, help their overall agenda. Well, for the cryptocurrency community, the agenda is decentralisation, thereby employing P2P (peer-to-peer) technology. However, one such cryptocurrency known for its privacy-oriented features saw its supporters revolt for a cause. Whatever it takes Monero is currently the market’s largest privacy coin, in terms of market valuation, with a $2.8 billion… Source link

Bitcoin (BTC) tested $23,000 as support on the Aug. 1 Wall Street open with key moving averages in focus.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView 200-week moving average gets big attention Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as bulls and bears battled for control amid a tight trading range. Bitcoin had inspired with its highest weekly close since mid-June the day prior, with its monthly candle also producing the biggest gains since before… Source link

Ether (ETH) bulls like a positive spread between its spot and ETH futures prices because the so-called contango reflects optimism about a higher rate in the future. But as of Aug. 1, the Ethereum futures curve slid in the opposite direction. Ethereum quarterly futures in backwardation On the daily chart, Ethereum futures quarterly contracts, scheduled to expire in December 2022, have slipped into backwardation, a condition opposite to contango, wherein the futures price becomes lower than… Source link

Litecoin has always been an asset that neither shines too brightly nor does it disappear after a while. Just existing in the background, LTC has managed to sustain itself through the changing markets and demand of the investors. This is how today, it is beginning to garner more attention from investors. Litecoin adds more to the list Although this year did not start with a bang and only worsened as time went by, LTC still managed to amass investors. In fact, more people joined the network… Source link