Economist and gold bug Peter Schiff says bitcoin still has a long way to fall after the collapse of crypto exchange FTX. He also believes that $10K is the real price of bitcoin, warning that “The lion’s share of the selling has not even started yet.” Schiff Predicts ‘Bitcoin Still Has a Long Way to Fall’ Gold bug and economist Peter Schiff has warned in a series of tweets about the price of bitcoin falling a long way from its current level. He began by referencing the… Source link

Since FTX’s collapse, there has been an increase in ETH accumulation As most HODLers fail to see profit, short traders appear to be accumulating As the price of leading altcoin Ethereum [ETH] lingered above the $1,200 psychological support level, data from Santiment revealed that sharks and whales have ramped up their ETH holdings in the last 13 days. 🦈🐳 #Ethereum is limboing just above the $1,200 psychological support level, and is down a modest -3.3% in the past… Source link

Litecoin (LTC) has been relatively less volatile compared to the crypto market. So far Saturday, the Digital Money has gained 0.91% to $63.23. InvestorsObserver is giving Litecoin a 24 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Low Volatility InvestorsObserver gives Litecoin a low volatility rank of 24, placing it in the bottom 24% of cryptos on the market. The Volatility Gauge… Source link

In this article, we will be taking a look at the 15 major companies that accept Bitcoin as payment. To skip our detailed analysis, you can go directly to see the 5 Major Companies that Accept Bitcoin as Payment. The world of cryptocurrency is a strange one, and despite having been in existence for well over a decade, anyone dealing in cryptocurrency is still seen as shady, though recent evens, which we’ll talk more about, may provide some reason behind this belief. Bitcoin was the first… Source link

Right now, most investors would be grateful for Bitcoin (BTC -0.23%) prices to reach $20,000. The spectacular collapse of cryptocurrency exchange FTX has pushed down the price of Bitcoin to the $16,000 level. And some traders are now suggesting that Bitcoin could touch $15,000 or lower before it ever sees $20,000 again. So it’s interesting to see that California-based crypto hedge fund Pantera Capital is putting out what seems to be — at first glance — a ridiculously high price target of… Source link

This week in coins. Illustration by Mitchell Preffer for Decrypt. This being week two of the FTX disaster story, crypto investors can expect things to get worse before they get better. However, the two market leaders, Bitcoin and Ethereum, no longer appear to be in freefall. Bitcoin (BTC), the largest cryptocurrency by market capitalization, only dropped 1% over the past week and trades at $16,655. Ethereum (ETH), the No. 2 cryptocurrency, shaved off about 4% of its value and trades for… Source link

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject Since Wednesday, there have been concerns about the price movement of Ethereum (ETH), following reports that Genesis has suspended all payouts and reimbursements. Following the FTX catastrophe from last week, it might be the final domino to fall. Read Price Prediction for Ethereum [ETH] 2023-24 A number of… Source link

When most investors think about buying Ethereum (ETH -0.82%) these days, they are most likely focusing on all the efficiencies and performance enhancements made possible by The Merge. As a result of this transition from a proof-of-work blockchain to a proof-of-stake blockchain in September, Ethereum has become much more attractive to long-term investors. But what many investors may not be focusing on is the fact that Ethereum is now a deflationary asset. The transition to proof-of-stake,… Source link

Tomiwabold Olajide Cardano unveiled its Midnight zero-knowledge data protection-based sidechain In recent tweets, Cardano founder Charles Hoskinson responded to allegations from privacy-focused blockchain Monero about the newly launched Midnight having a “backdoor.” @IOHK_Charles please explain allegation of @monero about cardano’s backdoor. — Crypto Curious (@CryptoCurious33) November 19, 2022 On Friday, to the joy of its community, Cardano unveiled its Midnight zero-knowledge data… Source link

The growth of Bitcoin and crypto exchanges over the years reflects the industry’s evolution. Exchanges have been the most critical businesses supporting the blockchain and crypto protocols. In addition, the exchanges, led by the top figures in the industry, house most of the iconic brands in the crypto ecosystem. Since the early days of Bitcoin till now, crypto exchanges have evolved and grown in many ways, gaining users’ trust. However, things have turned sour within the twinkle of an… Source link