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Support at $20.00 will determine if ETC price regains momentum above $30.00 or drops to retest $13.50. Ethereum Classic mining hashrate continues to drop approximately six weeks from the Merge. Based on the Super Trend indicator’s sell signal on the daily chart, sellers have the upper hand. Ethereum Classic price is trading 51% down from its September peak at $45.81. Market participants were surprised when ETC price more than tripled its value from $13.50, thanks… Source link

Litecoin price has pulled back in the past few days as investors continue waiting for the next catalyst. The LTC/USD price was trading at 53, which was about 10% above the lowest level last week. This price is about 22% below the highest point last month. Low volume and volatility Litecoin is one of the oldest cryptocurrencies. It was developed to become the best alternative to Bitcoin, the biggest coin in the world. As such, Litecoin has similar mechanics to BT. For example, the two are… Source link

Fat fingers? A Bitcoin (BTC) user spent over $200 to make a transaction, paying astronomically above the average fee.  In a transaction that entered Bitcoin block 760,077, a user paid 1,136,000 satoshis, (0.0136 BTC or $220.52) to move 3.8 BTC ($63,000). This extraordinarily high fee is a whopping 1,000 times the usual Bitcoin transaction fee, as at block height 760,077, the average transaction fee was roughly $0.20. Twitter user Bitcoin QnA first spotted the out-of-the-ordinary… Source link

First came the crash of Terra, a blockchain with its own dollar-linked stablecoin, UST. The UST token was supposed to retain a value of $1, but the price came unpegged – and soon traders also lost confidence in the blockchain’s native cryptocurrency, LUNA, whose price eventually would tumble 99%. Source link

First came the crash of Terra, a blockchain with its own dollar-linked stablecoin, UST. The UST token was supposed to retain a value of $1, but the price came unpegged – and soon traders also lost confidence in the blockchain’s native cryptocurrency, LUNA, whose price eventually would tumble 99%. Source link

Ethereum went through a key network upgrade on Sept. 15, shifting from its proof-of-work (PoW) mining consensus to a proof-of-stake (PoS) one. The key upgrade is dubbed the Merge.  The Merge was slated as a critical change for the Ethereum network that would make it more energy efficient, with later improvements to scalability and decentralization to come. A little over a month later, however, some industry observers fear the PoS transition has pushed Ethereum toward more centralization and… Source link

Ethereum went through a key network upgrade on Sept. 15, shifting from its proof-of-work (PoW) mining consensus to a proof-of-stake (PoS) one. The key upgrade is dubbed the Merge.  The Merge was slated as a critical change for the Ethereum network that would make it more energy efficient, with later improvements to scalability and decentralization to come. A little over a month later, however, some industry observers fear the PoS transition has pushed Ethereum toward more centralization and… Source link

Bitcoin has been through a lot of hardships since its inception and investors and traders are feeling the agony of the crypto market meltdown this year. BTC is now trading at $19,322 at the time of writing. Coingecko reports a 0.3% decrease in value for the token. This month, crypto expert @woonomic tweeted that Bitcoin (BTC) has not yet touched bottom and would not soon rally. However, Twitter’s anonymous crypto expert Capo has suggested that Bitcoin may have… Source link

Crypto strategist Michaël van de Poppe says he’s planning to accumulate a handful of altcoins including three Ethereum (ETH) competitors. Van de Poppe tells his 636,300 Twitter followers that he has his sights set on decentralized oracle network Chainlink (LINK), as well as XCAD, the native asset of non-fungible token (NFT) marketplace XCAD Network, and Skale (SKL), a blockchain network designed to allow developers to create and provide decentralized chains that are completely… Source link