The Crypto market is an industry worth one trillion dollars and has incredible growth potential in the future. However, besides this being a fact, the crypto market is also characterized as unpredictable and volatile, which means that investors must take extreme caution when investing. Some experts consider Petrousus Token (PSUS) and Monero (XMR) to be the two cryptocurrency projects that have potential. Both are focused on the growth of community and user experience. However,… Source link
Read More »Monthly Archives: August 2022
ChangeNOW Noncustodial Crypto Exchange Seamlessly Supports Monero (XMR) Hard Fork, Here’s How
Vladislav Sopov Mike Ermolaev, Head of PR in ChangeNOW crypto ecosystem, unveils how his service managed to avoid big outage of Monero (XMR) withdrawals during recent hard fork Contents ChangeNOW met Monero (XMR) hard fork locked and loaded, Mike Ermolaev says Crucial Monero (XMR) hard fork activated: What changed for veteran privacy coins? ChangeNOW, a multi-product ecosystem of cryptocurrency instruments, has undergone Monero (XMR) hard fork without delays in deposits and withdrawals…. Source link
Read More »Can Litecoin Lead A Crypto Recovery
In this episode of NewsBTC’s all-new daily technical analysis videos, we are looking at Litecoin, the LTCBTC and LTCETH trading pairs, and how the cryptocurrency could lead the crypto rally and outperform both Bitcoin and Ethereum. Take a look at the video below. VIDEO: Litecoin Price Analysis (LTCUSD): August 29, 2022 Litecoin went from an enthusiast favorite during the 2017 bull run to one of the most hated coins due to its laggard tendencies and limited design. Although naysayers do… Source link
Read More »Lido Received 31% Of Staked Ethereum Surpassing Binance
According to data from BestBrokers, Ethereum staking solutions remain popular as the network gears up for “The Merge”. In the event that will complete this network transitions to Proof-of-Stake (PoS), users seem to be piling up for a shot at receiving a portion of the rewards for securing the network. Currently, Ethereum operates with a Proof-of-Work (PoW) algorithm that requires users to participate in a process of solving mathematical problems to validate… Source link
Read More »Ethereum: Merge, Sell-Off Or Rally? Time To Place Your Bets (Cryptocurrency:ETH-USD)
tobiasjo/iStock via Getty Images Thesis Summary With the Ethereum (ETH-USD) merge right around the corner, investors are beginning to place their bets on the outcome. There are at least three possible scenarios, if not more, and specific financial instruments have been designed for betting on any of these outcomes. In this article, I look at the history of Ethereum’s forks to try to gain some insight into what could happen and lay out my expectations as to what will happen to Ethereum in the… Source link
Read More »Why Ethereum Will Continue to Outperform Bitcoin During September
The crypto market is yet to recover from a spike in selling pressure over the weekend, with Ethereum and other cryptocurrencies almost reaching double-digit losses. Bitcoin has been one of the worst performers these past few days and might weaken during September. In the coming weeks, market participants will have their attention set on the Ethereum “Merge”, the event that will complete this network’s migration to a Proof-of-Stake (PoS) consensus. The narrative surrounding this event… Source link
Read More »Bitcoin, Ethereum, Crypto News and Price Data
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Read More »Ethereum faces another mountain to climb at least until Merge
The rampage continues for Ethereum as the alt faltered in the market on 28 August. Investors are elated to see that the Merge is finally happening after a series of delays over the past year. But Ethereum is facing a torrid time in the market with trader expectations taking a massive hit at least until the Merge. The prized altcoin has now lost the $1,500 support line and has been hovering below it for the past two days. Despite a couple of rare surges, ETH continues to lag in… Source link
Read More »Monero Breaks Up; Will XMR Turn Bullish for the Long-Term?
Monero was launched in 2014 to make anonymous cross-border transactions without a central authority. It helps to disguise the senders’ and receivers’ information and amounts related to transactions. However, it follows an egalitarian approach in the community for supporting and developing the virtual currency and network. It does not have a fixed coin supply like Bitcoin, so many investors are not investing for long-term capital gain. The users will buy XMR for transactions and for… Source link
Read More »Litecoin outperformed Bitcoin, but not in a way you think
Litecoin [LTC] also referred to as the ‘silver’ to Bitcoin’s ‘gold’, registered a plunge in price over the last week along with several other cryptos. However, the point that sets Litcoin apart from others is that it also showed better signs of recovery in the last 24-hour period as its performance increased by more than 2%. The growth registered by LTC in the last 24 hours was even more than top cryptos like Bitcoin and Ethereum. At press time, Litecoin was… Source link
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