Bitcoin fell marginally lower on Thursday, as traders moved to secure gains following yesterday’s price surge. The token rallied to a multi-week high above $21,000 late on hump-day, with bulls somewhat retreating today. Ethereum was also down from Wednesday’s five-week high. Bitcoin Bitcoin (BTC) bulls moved to secure Wednesday’s gains during today’s session, as the token fell from a peak above $21,000. Yesterday saw the world’s largest cryptocurrency rally to a peak of… Source link

It is amazing how you can look at the cryptocurrency market one day and jubilate that you are up, and in the next hour, things start crashing down so fast that you begin to panic. To survive in this treacherous game we all play, you need credible information from reliable sources. According to coinmarketcap, based on current market capitalization, both Cronos (CRO) and Monero (XMR) are part of the top 50 cryptocurrencies. But not many people know about them. And that is the beauty of… Source link

Bitcoin (BTC) has seen record buying activity as BTC/USD returns to six-week highs. The latest data from on-chain analytics firm CryptoQuant shows more BTC leaving major exchange Binance in a single day than ever before. Binance finishes the day 55,000 BTC lighter Despite warnings that a macro bottom may not yet have occurred, Bitcoin investors have wasted no time snapping up BTC above $20,000. The past two days’ gains delivered a sea change to exchange user behavior, with BTC balances… Source link

It is amazing how you can look at the cryptocurrency market one day and jubilate that you are up, and in the next hour, things start crashing down so fast that you begin to panic. To survive in this treacherous game we all play, you need credible information from reliable sources. According to coinmarketcap, based on current market capitalization, both Cronos (CRO) and Monero (XMR) are part of the top 50 cryptocurrencies. But not many people know about them. And that is the beauty of… Source link

“Markets have leaned optimistic for most of the year, only to be served a reality check by monthly economic data prints fueling continued Fed hawkishness. However, tides are potentially slowly starting to turn, with the Fed hinting at a potential slowing of rate hikes, not an outright pivot,” Josh Olszweicz, head of research at digital asset fund manager Valkyrie Investments told CoinDesk, noting the weakness in yields and the dollar index. Source link

Litecoin price analysis reveals that LTC/USD is bearish today. The price has dropped by over 2.30 percent in the last 24 hours and is currently trading at $55.88. This latest leg down appears to have been caused by a general market sell-off, as most major cryptocurrencies are now in the red. Resistance for LTC/USD is present at $57.46, while the support is present at $55.86, and a further drop below this level could see LTC/USD head toward $55.50 in the near term. The 24-hour trading volume… Source link

Both Bitcoin (BTC -0.64%) and Ethereum (ETH -0.13%) have been hit hard by the current downturn in the crypto market. Bitcoin, for example, is down 68% over the past 12 months while Ethereum is down 67%. Yet there are still some investors looking to get into the crypto market, and for many, the choice about where to start may come down to Ethereum or Bitcoin, which are the two top tokens by market capitalization. While Bitcoin and Ethereum are down by similar amounts, they are very… Source link

Blockchain can be a perplexing technology; its cryptocurrency counterpart is no different. You could be forgiven for tangling yourself in frustration trying to debunk the myths and mysteries of the blockchain-based FinTech phenomenon. Here are 3 crypto markets worth taking a look at for the next crypto bull market. Litecoin – The ‘silver’ Bitcoin Fork Sometimes thought of as the silver to Bitcoin’s gold, Litecoin is a fork of the Bitcoin code with… Source link

Blockchain can be a perplexing technology; its cryptocurrency counterpart is no different. You could be forgiven for tangling yourself in frustration trying to debunk the myths and mysteries of the blockchain-based FinTech phenomenon. Here are 3 crypto markets worth taking a look at for the next crypto bull market. Litecoin – The ‘silver’ Bitcoin Fork Sometimes thought of as the silver to Bitcoin’s gold, Litecoin is a fork of the Bitcoin code with… Source link

Popular mobile payments service Cash App has added a layer-2 payment protocol Lightning Network to help users transact with bitcoin, nearly three years after it initially announced it will do so. The feature was rolled out secretly earlier this year to a handful of users. At the time, the company founded and run by the former co-founder and CEO of Twitter, Jack Dorsey, has not issued any official notice, but some Cash App users reported that the Lightning functionality is already available… Source link