Research has detailed Bitcoin’s recent record-low volatility and, while traders expect an eventual price breakout, the Oct. 26 BTC price move to $21,000 is not yet being interpreted as confirmation that $20,000 has now become support.  In a recent “The Week On-chain Newsletter,” Glassnode analysts mapped out a bull case and a bear case for BTC. According to the report, the bear case includes limited on-chain transaction activity, stagnant non-zero address growth and reduced miner… Source link

SPONSORED POST* There’s a new name on the DeFi block, and it’s already making waves in the crypto space! In the last few months, Chronoly (CRNO) has gained considerable popularity, reflected in the exceptional performance of its CRNO token, which was recently listed on UniSwap. But does Chronoly have the power to overtake established projects like Monero (XMR) and eCash (XEC)? Let’s examine the characteristics and performance of all three projects before we decide! >>Buy Chronoly… Source link

SPONSORED POST* There’s a new name on the DeFi block, and it’s already making waves in the crypto space! In the last few months, Chronoly (CRNO) has gained considerable popularity, reflected in the exceptional performance of its CRNO token, which was recently listed on UniSwap. But does Chronoly have the power to overtake established projects like Monero (XMR) and eCash (XEC)? Let’s examine the characteristics and performance of all three projects before we decide! >>Buy Chronoly… Source link

Since Ethereum moved from a proof of work (PoW) to a proof of stake (PoW) mechanism, there has been an ongoing debate on whether the digital asset is now a security or a commodity. Notable figures have shared their insight on this and how the regulatory bodies are actually classifying cryptocurrencies. The latest is Cardano founder Charles Hoskison, who shared his thoughts on a recent Twitter Space. Regulators Are Too Vague One problem that has persisted with… Source link

Bitcoin price is up today, and a market-wide rally in crypto prices suggests that BTC and Ether (ETH) could be aiming to wrap up the month of October in the black. As of October 26, 2022, most major cryptocurrencies are posting single-digit gains. Bitcoin recorded a 5.15% price increase within the last 24 hours and a 5.48% gain within the last 7 days. While the current price is fluctuating, BTC is holding above the psychologically important $20,000 level. The following chart shows the BTC… Source link

Litecoin (LTC) price continued to gain bullish momentum for over five days as whale accumulation and other on-chain metrics flashed buy signals.  Litecoin appreciated by over 12% in the last five days as bulls took control of the price action. The larger crypto market gains further aided LTC’s uptrend as the global crypto market cap finally tested the $1 trillion mark.  Litecoin Whales Aid Price Gains For over five months, Litecoin’s price has moved in a range-bound trajectory below… Source link

Gamza Khanzadaev Ethereum’s new foundation and perspectives to flip Bitcoin, in opinion of Mike McGlone According to Mike McGlone, lead strategist at Bloomberg Intelligence, the successful transition of the crypto market’s main altcoin to proof-of-stake during the severe global economic crisis, as well as its dominant place in the digital financial revolution, is creating a new foundation for Ethereum. This foundation, in the expert’s view, is now shaping up in the $1,000 zone. What… Source link

Whale movements appeared on Bitcoin (BTC) and Litecoin (LTC) charts. A Bitcoin (BTC) whale moved funds that have been dormant for four years, raising fears about the possibility of a bearish streak to follow. Meanwhile, the presale token The Hideaways (HDWY) is gathering more attention as investors take note of the huge opportunity for them to invest early in a project thanks to the discounted presale pricing. Whale Moves nearly a Billion Dollars Out of Bitcoin (BTC) A wallet that has been… Source link

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link