Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Monero trading within a short-term range Despite a strong rally, a breakout above $150 might be unlikely Bitcoin [BTC] was able to clear the $19.6k resistance level on 4 October, and at press time the bulls and bears fought for control of the $20k mark. Its bullish momentum of the previous day saw many altcoins post gains. Monero [XMR]… Source link

Bitcoin continued to trade above $20,000 on Wednesday, as the token remained near a two-week high. Bullish momentum in cryptocurrency markets has been higher this week, with prices surging after a recent downward spell. Ethereum, on the other hand, was largely unchanged in today’s session. Bitcoin Bitcoin (BTC) was once again trading above $20,000, as the token continued to trade near a two-week high. BTC/USD surged to a peak of $20,479 late in Tuesday’s session, which was its… Source link

Ethereum (ETH) creator Vitalik Buterin is laying out what he hopes the end goals are for the second-largest crypto by market cap. In a new interview with the Bankless podcast, Buterin says Ethereum is guided by values rather than ultra-specific ultimate goals. “Ethereum’s ethos from the beginning has been to insist on a few particular values but otherwise not have its own picture of what specific things it brings to the world, but leave that up to the ecosystem and lots of… Source link

Yuri Molchan Former CEO of company promises Bitcoin giveaway, it is to do with BTC Lightning Network Contents Three million Satoshi giveaway Saylor steps down as CEO, but focus remains on Bitcoin Michael Saylor, founder of MicroStrategy who stepped down as the company CEO in August to focus on its further Bitcoin strategy and acquisitions, has engaged himself in a debate with Swedish researcher and current CIO of Arcane Assets fund Eric Wall regarding the Bitcoin Lightning Network. As… Source link

Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Digital Money has declined 1.17% to $54.27. InvestorsObserver is giving Litecoin a 29 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Moderately Volatile InvestorsObserver gives Litecoin a moderate volatility rank of 29, placing it in the bottom 29% of… Source link

DUBAI, Oct 5 (Reuters) – The Middle East and North Africa are the world’s fastest-growing cryptocurrency markets, with the volume of crypto received in the region jumping 48% in the year to June, blockchain researcher Chainalysis said in a report on Wednesday. While the MENA region is one of the smallest crypto markets, its growth to $566 billion received in cryptocurrency between July 2021 and June 2022 shows adoption is rising rapidly. Source: Chainalysis Latin America saw the second biggest… Source link

Bitcoin was trading above the $20,000 mark on Wednesday morning, after its first surge in what speculators are calling “Uptober.” The world’s largest cryptocurrency by market capitalization peaked at $20,346 before settling at around $20,281 at the time of writing. It was the highest level since the late September spike, which briefly boosted the crypto market. Bitcoin-watchers have observed in previous years that the coin performs well in October. Last year’s rally led to its… Source link

The latest Bitcoin dilemma, which began on September 13 when the US Federal Reserve announced the CPI report, has left retail investors in a disadvantaged position. The recent announcement that the Fed interest rate has been raised by 75 basis points has also impacted the market. Instability in the broader financial environment reverberated through the cryptocurrency market. The news caused BTC to drop below the critical $20,000 mark. Despite the fact that… Source link

Are regulators with the U.S. Securities and Exchange Commission gearing up to take down Ethereum? Given the saber-rattling by officials — including SEC Chairman Gary Gensler — it certainly seems possible. The agency went on a crypto-regulatory spree in September. First, at its annual The SEC Speaks conference, officials promised to continue bringing enforcement actions and urged market participants to come in and register their products and services. Gensler even suggested crypto… Source link

Ievgeniiya Ocheretna Thesis Summary Ethereum (ETH-USD) is set to become the most valuable cryptocurrency in existence. Following the merge, the supply of ETH has almost become deflationary, and, on top of that, staked ETH, which is a derivative of ETH, has become a yielding asset. This makes Ethereum the perfect “commodity” to hold during the next few years. It offers advantages over oil and gold and will perform well in both an inflationary/loose monetary and deflationary/tight monetary… Source link