In the past, it was often said that Bitcoin (BTC) moves the entire crypto and blockchain industry. Is this still the case? The past few months have seen Bitcoin hitting high-water marks including all-time high long-term holder rates and local highs in hash rate difficulty adjustment — yet Bitcoin is still in bearish conditions as we head into Q4 of 2022. Not all areas of the blockchain industry can boast such signals of strength, such as venture capital (VC), which brought in $840,000 in… Source link

Post-Merge Ethereum price action has kept traders wondering what’s in store for ETH going forward, but a few positive developments present good long-term prospects.  Bears have been at the forefront of the market, with the price action of top cryptocurrencies like Bitcoin and Ethereum dramatically down. With volatility leading the way, ETH price, much like BTC, has witnessed significant ups and downs for most of the last week.  Despite BTC price falling to two-year lows, Ether has… Source link

Bitcoin started the week trading below $17,000, as volatility in the cryptocurrency space continued to intensify. Following last week’s collapse of FTX, account withdrawals have increased, with several customers opting to remove their tokens from exchanges. However, strong comments from Twitter CEO Elon Musk have helped boost prices. Ethereum remained below $1,300 on Monday. Bitcoin Bitcoin (BTC) started the week trading below $17,000, as market volatility remained high, following… Source link

Arman Shirinyan Second biggest cryptocurrency on market is making serious moves The sudden move of $600 million toward Coinbase has created a strong price spike on the second biggest cryptocurrency on the market. In the last 24 hours, Ether’s price reached the $1,250 threshold, which could become a foundation for a run toward $1,300. As we mentioned previously, Ethereum has shown a lot of resilience during the FTX-fueled crash on the market and barely even touched the $1,000 support… Source link

In the wake of The Merge, Ethereum (ETH 2.47%) faces new questions about where it is headed next. Some of the much-hyped Ethereum improvements that were supposed to happen as a result of The Merge may take a lot longer to materialize than many people thought. People are realizing that The Merge was just the first stage in a multi-stage process. On Nov. 4, Ethereum co-founder Vitalik Buterin unveiled an updated roadmap and it includes a new, additional stage. As a result, the full path to… Source link

Bitcoin (BTC) starts a new week on shaky ground after its lowest weekly close in two years. The largest cryptocurrency considerably weakened after last week’s implosion of exchange FTX, continues to grapple with the fallout. In what is becoming an increasingly erratic market, investors are unsure what will happen next as more firms sound the alarm over solvency and regulators step up investigations in the crypto space. The mood among the majority is intensely fearful, and even some of the… Source link

Bitcoin is down nearly 20% in seven days to trade at $16,789 as a result of the FTX bankruptcy, which has caused market chaos and risk-off sentiment. Ethereum, the second-most valuable cryptocurrency, on the other hand, has plunged over 20% in the last seven days to trade at $1,252.20. The global crypto market cap fell over 4% to $810.59 billion on the previous day, sending major cryptocurrencies into the red early on November 14…. Source link

Alex Dovbnya The Dogecoin Foundation has received another donation from Ethereum co-founder Vitalik Buterin Ethereum co-founder Vitalik Buterin has donated 20 million Dogecoin (DOGE) to the Dogecoin Community. At press time, the cryptocurrency is trading at $0.085, according to data provided by CoinGecko.  It is yet to be announced how the donation will be used by the non-profit organization.  This is not the first contribution made by Buterin. As reported by U.Today, the foundation… Source link

As the fallout from the collapse of Sam Bankman-Fried’s blockchain empire FTX continues, investors are wary about the battered cryptocurrency market.  The crypto industry has already seen the closure of major players, along with the Bitcoin (CRYPTO: BTC) bubble bursting. “Rich Dad, Poor Dad” author Robert Kiyosaki has dropped words of caution about Bitcoin’s performance in the present market scenario. In a recent tweet, Kiyosaki says he is not looking at flipping Bitcoin by market cap as he… Source link

November 13, 2022  by SchiffGold  0   0 Three key takeaways: For weeks, the Bitcoin market has looked propped up by the whales, especially after the recent FTX disaster. Bitcoin hodlers should strongly consider moving into gold, silver, or at least Ether. Full disclosure, I have a complicated relationship with Crypto. An Artificial Market I have specifically avoided writing about Bitcoin despite having strong opinions on the subject. Bitcoin is a very hot topic, and most people have… Source link