The Lightning Network strikes again. In a small yet significant development for Bitcoin (BTC), a new type of BTC address has been introduced: the “Lightning Address.” These unique identifiers are specifically designed for use on the Lightning Network, a layer-2 payment protocol that operates on top of the Bitcoin blockchain. A user-friendly addition to ways in which Bitcoin users can send, receive and even raise money, Lightning addresses can be custodial, or users can connect to their… Source link
Read More »Monthly Archives: December 2022
Crowdfunding gets leg up from Lightning Addresses on Bitcoin
The Lightning Network strikes again. In a small yet significant development for Bitcoin (BTC), a new type of BTC address has been introduced: the “Lightning Address.” These unique identifiers are specifically designed for use on the Lightning Network, a layer-2 payment protocol that operates on top of the Bitcoin blockchain. A user-friendly addition to ways in which Bitcoin users can send, receive and even raise money, Lightning addresses can be custodial, or users can connect to their… Source link
Read More »Bitcoin ditches $16K dip as ‘Leeroy Jenkins’ Bank of Japan flattens dollar
Bitcoin (BTC) recovered from an overnight dip on Dec. 20 as Japan’s central bank sparked chaos on global financial markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst likens BoJ policy to FTX Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to near $17,000 after falling over 3% through the course of Dec. 19. The largest cryptocurrency benefitted from the flash United States dollar weakness, this coming on the back of a surprise policy tweak… Source link
Read More »Bitcoin ditches $16K dip as ‘Leeroy Jenkins’ Bank of Japan flattens dollar
Bitcoin (BTC) recovered from an overnight dip on Dec. 20 as Japan’s central bank sparked chaos on global financial markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst likens BoJ policy to FTX Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to near $17,000 after falling over 3% through the course of Dec. 19. The largest cryptocurrency benefitted from flash U.S. dollar weakness, this coming on the back of a surprise policy tweak from the… Source link
Read More »Bitcoin, Ether gain; Dogecoin is biggest loser in top 10 cryptos
Bitcoin and Ether gained in Asian trading on Tuesday afternoon, with Dogecoin leading declines across the top 10 non-stablecoin cryptocurrencies. See related article: Bankrupt Voyager Digital says it accepted Binance bid for assets valued at US$1B Fast facts Bitcoin inched up 0.24% over the past 24 hours and was trading at US$16,785 by 4:30 p.m. in Hong Kong, and Ether declined 2.07% to US$1,207, according to CoinMarketCap. Dogecoin declined 4.95% to US$0.07399, down by 16.44% over the last… Source link
Read More »Orbeon Protocol (ORBN) Outpacing Litecoin (LTC) and Ethereum (ETH) in Crypto Race
In the world of cryptocurrency, there is always a race to the top. New and exciting projects are constantly emerging, making it difficult to keep up with the latest developments. Recently, a new player entered the game: Orbeon Protocol (ORBN). Orbeon Protocol has quickly risen through the ranks during the bear market, rewarding early investors with 655% gains already, surpassing established projects like Litecoin (LTC) and Ethereum (ETH), to become one of the top performers in the… Source link
Read More »Litecoin Price Prediction– How High Can LTC Rise by the New Year?
Litecoin is one of the cryptocurrencies that has performed well in recent weeks. Bitcoin’s “little brother” soared and then started falling. However, Litecoin has recently gained ground in comparison to other coins. But what is the Litecoin price prediction for the end of the year? Let’s take a look at it in more detail. How has the price of Litecoin changed in recent weeks? Litecoin Price Prediction: LTC/USD Weekly chart showing the price – GoCharting The Litecoin price… Source link
Read More »Bitcoin Gains 2%, Stocks Drop as Bank of Japan Allows Benchmark Bond Yields to Rise – CoinDesk
Matthew Dibb, CIO at Astronaut Capital, voiced a similar opinion.”The initial market reaction to BOJ has been clear risk off. It’s hard to say if it will stick, however cryptos have rebounded slightly. At this stage we believe any strength or decorrelation is simply a lag. If we see equities lower, the same will be true for crypto,” Dibb told CoinDesk Source link
Read More »Bitfinex closes week leading Bitcoin reserves according to Glassnode
CryptoSlate analysts examined the detailed proof-of-reserves of leading crypto exchanges outside of Coinbase and Binance. It revealed that Bitfinex holds the most significant Bitcoin (BTC) reserves, with $3.5 billion worth of BTC. The data was obtained on Dec. 16 from OKX, KuCoin, Crypto.com, ByBit, Binance, BitMEX, and Bitfinex. OKX follows Bitfinex with the second largest BTC pool with more than $1.5 billion in BTC, while Binance comes as the third with just above $5 billion in BTC…. Source link
Read More »Green Signals In The Market; Litecoin Jumps By 4.16%, Ethereum, Bitcoin Also Up
Cryptocurrency Price Today: After almost a week of consecutively trading in red, the charts for some coins are in green today. As of writing, Litecoin sees a jump of 4.16% in the last 24 hours. Ethereum is seeing a spike of 2.07%. Bitcoin is up by 0.42%. advertisement Chainlink hikes 1.95%. Solana is upwards by 0.56%. Avalanche is upwards by 0.63%. The meme cryptos, Dogecoin and Shiba Inu are down by 3.78% and 1.57% respectively. Polkadot sees a dip of 0.83%. With an increase of… Source link
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