ANI | Updated: Oct 17, 2022 13:29 IST New Delhi [India], October 17 (ANI/ATK): Cryptocurrencies have taken the world by storm. The rise and emergence of digital coins have revolutionised several industries; even the economy and society at large. Investors are making millions as coins bridge the gap between traditional financing and new-age blockchain technology. This is because… Source link

Bitcoin BTC starts a new week keeping everyone guessing as a tiny trading range stays in play. A non-volatile weekend continues a familiar status quo for BTC/USD, which remains just above $19,000. Despite calls for a rally and a run to lower macro lows next, the pair has yet to make a decision on trajectory — or even signal that a breakout or breakdown is imminent. After a brief spell of excitement seen on the back of last week’s United States economic data, Bitcoin is thus back at square… Source link

Crypto is totally dead lately—if you’re only looking at the price action. Yes, Bitcoin is down 72% from its all-time-high price in November 2021, almost one full year ago. Ethereum is down the same, 72% from its own high of $4,878. Woof. Crypto advocates point out that it’s not just crypto, stocks have been hammered too. And they’re right: everything is down right now. But that’s cold comfort for crypto believers, who—I’ll let you in on a little crypto media trade secret—do not care to… Source link

News Home Sunday, October 16, 2022 06:25 PM | InvestorsObserver Analysts InvestorsObserver gives Monero an average long-term technical score of 51 from its… Source link

The cryptocurrency market is booming, and new coins and tokens are continuously being created. Since people have become more aware of virtual currencies and their potential as investments, the crypto market has witnessed noticeable popularity. In this piece, we will examine Avalanche (AVAX), Monero (XMR), and Big Eyes coin, three cryptocurrencies quickly gaining interest in the crypto sector. Each has a unique collection of attributes,… Source link

On-chain data shows a Bitcoin whale has recently transferred around 500 BTC that had been previously dormant for around 5 to 7 years. Bitcoin Spent Output Age Bands Show Spike In 5-7 Years Old Coins As pointed out by an analyst in a CryptoQuant post, this movement of 500 BTC has come following the 5k BTC shift in 7 years+ old coins a while back. The relevant indicator here is the “Spent Output Age Bands” (SOAB), which tells us how many coins the different… Source link

Bitcoin (BTC) stayed rigidly tied to $19,000 into the Oct. 16 weekly close as analysts warned that volatility was long overdue. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: BTC volatility a “matter of time” Data from Cointelegraph Markets Pro and TradingView captured a lackluster weekend for BTC/USD as the pair barely moved in out-of-hours trading. After United States economic data sparked a series of characteristic fakeout events over the week, Bitcoin returned to its… Source link

According to the onchain analytics firm Santiment, Ethereum large holders, namely shark and whale addresses having up to 1 million ETH, have dumped $4.2 billion worth of ETH, which is 3.3 million coins in the last five weeks. The Ethereum Merge occurred on Sept. 15, to the joy of the community. 🐳🦈 #Ethereum‘s shark & whale addresses (holding 100 to 1M $ETH) have dropped 3.3M $ETH in just the past 5 weeks. This equates to about $4.2B in dumped coins. The asset’s price vs. #Bitcoin… Source link

DBS, the biggest bank in Southeast Asia, has some opinions on Bitcoin and other cryptocurrencies. Digitized cryptocurrency trading was only made available to the company’s high-rolling customers as recently as last month. DBS Digital Exchange is a platform for businesses and other organizations interested in entering the cryptocurrency market. You can only buy and sell BTC, BCH, ETH, and XRP on this exchange at the moment. But this isn’t the only optimistic… Source link

Ethereum’s much-anticipated Merge didn’t create the expected fireworks across the board in terms of ETH’s price action. In fact, Ethereum enthusiasts also discussed the ETH:BTC ratio at length in the past in tandem with “the flippening”. A hypothetical event that would see Ethereum overtake or “flip” Bitcoin’s market capitalization. However, that seems like a far-fetched reality given the current soup ETH has found itself… Source link