Monero Classic receives an average long-term technical score of 56 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. XMC currently holds a superior long-term technical… Source link

Bitcoin (BTC) holders looking to avoid Central Bank Digital Currencies (CBDCs) may have gained a surprise ally — banks. In his latest blog post, “Pure Evil,” Arthur Hayes, ex-CEO of crypto derivatives platform BitMEX, argued that banks may limit the impact of the CBDC “horror story.” Hayes: Bitcoiners and banks stand against CBDC “dystopia” CBDCs are currently in various stages of development worldwide. Fans of financial sovereignty naturally fear and even despise them, as they imply… Source link

© Reuters Watch Out for Cryptos Including Solana, Helium and Litecoin SOL’s price saw a surge after Google (NASDAQ:) announced its association with the network. The increased hash power for a PoW cryptocurrency, makes (LTC) bullish too. Solano’s android phone will use Helium’s network, making HNT look bullish too. The week ended on quite an eventful news as the big tech firm, Google announced its association with network on Twitter. Hence, we compiled a report on why one must… Source link

This is an opinion editorial by Mike Ermolaev, head of public relations and content at Kikimora Labs. Setting The Context: Global Economy Fundamentals The economy is still recovering from the COVID-19 outbreak as new problems arise. We are now in a time of rampant inflation with central banks trying to remedy that by raising interest rates. The U.S. CPI data (consumer price index), released on October 13, came in higher than expected (8.2% year-over-year), negatively impacting the bitcoin… Source link

Why is Bitcoin price up today? price is up on Nov. 4, and a market-wide rally in crypto prices suggests that Bitcoin (BTC) , (BNB) and Ether (ETH) are starting the month of November in the black. Bitcoin and the market are fighting back after the Federal Reserve’s Nov. 2 announcement of a 0.75 basis point interest rate hike which at first had a positive impact on equities and cryptocurrency markets, then led to a market downturn. BTC price. Source: Cointelegraph Crypto market… Source link

According to data shared on Blockchain.com, a cryptocurrency whale has moved crypto from a wallet that had accumulated over 74,105 Bitcoin (CRYPTO: BTC) worth over $1.58 billion. The BTCs were moved to wallets of unknown origin. In a separate transaction, the whale moved 50,562 BTC, worth nearly $1.08 billion; in another transaction, 23,542 BTC were moved, worth about $505 million. In a series of large transactions, the whale moved 4,000 BTC, 10,000 BTC, 10,000 BTC, 10,000 BTC, 9,642 BTC,… Source link

Many cryptos, including Solana (SOL) and Monero (XMR), have achieved tremendous cryptocurrency market success thanks to their innovative features. If you seek to have a profitable crypto journey with the best low-cost cryptos, Solana (SOL) and Monero (XMR), alongside the new meme token Rocketize Token (JATO), are worth buying. Rocketize Token (JATO) is gearing up for a grand entry into the cryptocurrency market, and crypto enthusiasts are optimistic that it will… 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 The native token of Ethereum, ETH is prepared to experience a big price increase in contrast to its primary rival, Bitcoin, in the days before the beginning of 2023. The majority of the bullish indications are contained in the well-known technical configuration known as the “cup-and-handle” pattern. It… Source link

Litecoin’s [LTC] mining difficulty reached a new high. The mining difficulty peaked at just below 18 million hashes, as per a Litecoin Foundation post published on CoinMarketCap on 4 November. Miners compete by generating random hashes in order to find one that is less than the target set by the network’s mining algorithm. Those who win this race are rewarded for adding a new block to the Litecoin blockchain. This rise in mining difficulty most likely indicated that the… Source link