Cardano has announced a new data privacy-focused side chain called Midnight (DUST). Despite the controversy, the announcement has raised with Midnight, it is poised to increase the value of ADA. Cardano has introduced a new side chain that has been the source of new controversy between the Cardano and Monero communities. Called Midnight (with native token DUST), the data protection-focused layer 2 protocol is poised to increase the value of the Cardano ecosystem.  Charles Hoskinson, the… Source link

Bitcoin (BTC) held steady at the Nov. 21 Wall Street open following a weekly close at levels not seen since late 2020. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering above $16,000 after dipping below the level overnight. Sentiment remained on a knife edge as rumors over crypto business conglomerate, Digital Currency Group (DCG) continued to swirl. Concerns focused on the $10.5 billion investment vehicle,… Source link

Litecoin price action is set to slide lower in search of support as the global mood is gloomy. LTC is helped by three supportive elements about to kick in.  Expect a small dip before LTC skyrockets back to $65. Litecoin (LTC) price slipped another 3.5% intraday during the European trading session as it already took a step lower during the ASIA PAC opening session this week. Risk-off sentiment got activated in the markets as China had to report lockdowns again in… Source link

Monero (XMR) gets a very bullish rating from InvestorsObserver Monday. The coin is up 1.02% to $134.18 while the broader crypto market is down 2.28%. Monero has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Very Bullish Over the last five days, Monero has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the… Source link

The CoinMarketCap cryptocurrency community price estimate is based only on the votes of its users. Estimates do not guarantee end-of-month prices. The cryptocurrency market has been struggling with bearish sentiments around most of its assets in the aftermath of the FTX collapse. This includes Ethereum (ETH), which has fallen back below the $1,100 level. However, the cryptocurrency community appears to be bullish on the asset’s future despite the market’s current situation. Notably, the… Source link

Bitcoin slipped below $16,000 on Nov. 21, as markets continued to react to the news that the FTX contagion had impacted yet another firm. Hong Kong-based crypto ATM firm Genesis Block halted its operations, as it looks to stabilize its liquidity pool. Ethereum was also lower, as prices remained below $1,200. Bitcoin Bitcoin (BTC) slipped below $16,000 to start the week, as volatility in cryptocurrency markets continued to rise. Following a high of $16,590.42 on Sunday, BTC/USD dropped… Source link

The crypto market has recently witnessed different shades of events, impacting several assets negatively, such as Ethereum. The collapse of the FTX crypto exchange is still causing many downtrends in the market. The overall price trend in the market has maintained a southward move beyond expectations. Besides the FTX saga, other activities have been erupting in the crypto space. Recently, Ethereum was hit with devastating selling pressure. The sudden move cut deep into the value of the… Source link

Gamza Khanzadaev Ethereum whale worth $817 million reactivates after being dormant for two years An unknown Ethereum whale holding 720,000 ETH, equivalent to $817 million, has “woken up” after being dormant for two years, according to a report from on-chain analytics portal Lookonchain. The investor awakening took place with the movement of this entire mass of coins, a number that exceeds even the position of Ethereum’s founder, Vitalik Buterin, according to him. However, the movement… 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