Monero (XMR) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the Digital Money has added 4.66% to $134.49. InvestorsObserver is giving Monero a 19 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero! Low Volatility InvestorsObserver gives Monero a low volatility rank of 19, placing it in the bottom 19% of cryptos on the… Source link

Litecoin has outperformed all other altcoins in the market gaining more than 37 percent on the weekly chart. The recent LTC price surge comes amid strong whale accumulation since the beginning of November. The cryptocurrency market has shown a strong bounce-back gaining 6.5 percent over the last 24 hours. But one altcoin that’s delivered outstanding returns is Litecoin (LTC). In a surprise move, the LTC price has shot up 27 percent as of press time and is trading at $79.00 with a market cap… Source link

The crypto market often runs on a cycle of highs and lows. Conscious investors leverage the lows to enrich their wallets with assets awaiting the bull run. This quarter’s bearish trend is no exception. The past few weeks in the crypto market have been filled with massive losses following the FTX collapse. The extreme macroeconomic conditions following the Fed’s interest rate hike are not helping matters. Ethereum, the second-largest cryptocurrency, suffered multiple setbacks in the… Source link

The 15th of September saw a long-awaited update hit the crypto world: The Ethereum merge. The merge that saw the original blockchain powerhouse successfully transition from the proof of work (PoW) to the proof of stake (PoS) consensus algorithm. The merge formed one of the biggest out of a wide series of updates that Ethereum has in store for between now and 2024 to secure its position as the blockchain of the future. More scalable, more environmentally friendly, and affordable in mainstream… Source link

The cryptocurrency market cap saw net inflows of $47.8 billion over the last 24 hours and currently stands at $829.3 billion, up 6.1% over the reporting period. Bitcoin’s market cap grew 5.4% to $318.7 billion from $302.5 billion, and Ethereum’s increased 8.2% to $143.4 billion from $132.6 billion. All of the top 10 cryptocurrencies posted gains over the reporting period. Litecoin re-entered the chart with a 27% increase in value, passing Shiba Inu and ousting TRON from the list…. Source link

Ethereum managed to woo holders by showcasing a growing ecosystem after its shift to Proof of Stake, but in reality, this step just hindered the 100% decentralized ecosystem of ETH and made it more controllable. With higher stakers under control, the price and even hash rate for ETH can be trampled. Outlook for Ethereum can be ascertained from the demise of Solana in recent days, which confirms the tough road ahead from this point for ETH and similar tokens intending to utilize the less… Source link

Litecoin (LTC) is moving against the current market downturn that was induced by the FTX cryptocurrency exchange crash, positing significant gains while sustaining a buying pressure. Indeed, the 13th-ranked cryptocurrency market is also gaining in the build-up to key on-chain activity.  As things stand, LTC is trading at $78.94, recording gains of over 28% within 24 hours. On the weekly chart, the asset posted a 35% increase in value.  Litecoin 7-day price chart. Source: Finbold

Bitcoin (BTC) hodlers may need to triple their on-chain losses for BTC price to put in a macro low. According to market research firm Baro Virtual, the 2022 bear market is not yet harsh enough to match historical downtrends. Bitcoin losses “only” total $671 million With analysts predicting a return to $14,000 or lower for BTC/USD, the question of where Bitcoin will bottom is one of the hottest topics in the space this month. For Baro Virtual, which analyzed data from on-chain analytics… Source link

Yuri Molchan Data revealed by Santiment shows what likely drove LTC up 29% Contents LTC regains high last seen in May, here’s what may be behind it LTC growth driven by MoneyGram Santiment data aggregator has spread the word about what was the likely driver of the 29% surge of Litecoin in the past 24 hours LTC regains high last seen in May, here’s what may be behind it According to the analytics team of the company, over the past 14 days, large wallets have been grabbing a massive… Source link

After several days of charting new lows, bitcoin finally bounced off and added over 5% of value on a daily scale. However, most altcoins have outperformed the largest crypto. Massive daily increases are evident from BNB, LTC, and others. Altcoins on the Rise The past several days didn’t go all that well for the cryptocurrency market, but the tides have changed now. Ethereum had dipped from over $1,200 to a multi-week low of under $1,100. Now, though, the second-largest… Source link