Monero (XMR) gets a bullish rating from InvestorsObserver Saturday. The coin is up 2.5% to $158.45 while the broader crypto market is up 0.4%. Monero has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Bullish Over the last five days, Monero has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Monero over the… Source link

Aerial view during landing of the seafront Manara district near downtown Beirut. Bilwander | Getty Images When Georgio Abou Gebrael first heard about bitcoin in 2016, it sounded like a scam. But by 2019, as Lebanon plunged into a financial crisis following decades of expensive wars and bad spending decisions, a decentralized and borderless digital currency operating outside the reach of bankers and politicians sounded a lot like salvation.  Gebrael was an architect living in his hometown of… Source link

This week in coins. Illustration by Mitchell Preffer for Decrypt. Crypto markets continued to see green for the second week running.  In a typical week, market leaders Bitcoin (BTC) and Ethereum (ETH) set the pace for everyone else, but this week they took a backseat to other impressive rallies.  Bitcoin gained 3% over the last seven days and currently changes hands at $21,314. Ethereum rose nearly 2% during that time and trades for $1,640. Both could have made more headway, but the U.S…. Source link

Bitcoin, after seven weeks of repeated failed attempts, finally managed to move past the $21,000 price threshold. According to tracking from Coingecko, at the time of this writing, the maiden crypto is trading at $21,392 after going up by 5% over the last 24 hours. In doing so, Bitcoin also managed to increase its total market capitalization which now stands at $410.71 billion. This sudden surge also helped the overall valuation of the crypto market to increase… Source link

The market is entering a recovery, and many investors are now looking to recalibrate their portfolios in preparation for the next bull market. There are over 12,000 different cryptocurrencies to choose from, and each has a set of characteristics that could make it the next best investment; it is difficult to spot the trees through the forest. So how do you identify the best cryptocurrencies to invest in in 2022? What… Source link

The price of LTC is holding steady, trading at $68.04 at the time of publication. However, on Wednesday, LTC’s price spiked 13% in a single day, probably due to payments giant MoneyGram’s announcement that its U.S. customers will soon be able to buy, sell and hold LTC, bitcoin (BTC) and ether (ETH) in the MoneyGram mobile app. Source link

Considering that protocol-level censorship is deterrent to the crypto ecosystem’s goal of highly open and accessible finance, the community has been keeping track of Ethereum’s growing compliance with standards laid down by the Office of Foreign Assets Control (OFAC). Over the last 24 hours, the Ethereum network was found to enforce OFAC compliance on over 73% of its blocks. Ethereum sporting 73% OFAC-compliant blocks. Source: mevwatch.info  In Oct. 2022, Cointelegraph reported on the 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

Since March 2022, traders and so-called analysts have been forecasting a policy change or pivot from the United States Federal Reserve.  Apparently, such a move would prove that the Fed’s only available option is to print into oblivion, further diminishing the value of the dollar and enshrining Bitcoin (BTC) as the world’s future reserve asset and ultimate store of value. Apparently. Well, on Nov. 2, the Fed raised interest rates by the expected 0.75%, and equities and crypto rallied… Source link

Billionaires, take note. It’s one million times cheaper to send huge sums of money on the Bitcoin (BTC) blockchain. A Bitcoin user sent over 50,562 BTC ($1 billion) to an address on the blockchain, paying a fee of just 2,513 Satoshis (the smallest denomination of a Bitcoin), equivalent to half a dollar for the pleasure.  Transaction sankey diagram showing fees, value and time. Source: mempool The unknown wallet address paid a tiny fraction (less than 0.0001%) of the total value transacted…. Source link