Monthly Archives: December 2022

Litecoin (LTC) Falls 0.02%, Underperforms the Crypto Market Wednesday

Litecoin (LTC) Falls 0.02%, Underperforms the Crypto Market Wednesday

Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Digital Money has declined 1.78% to $75.93. InvestorsObserver is giving Litecoin a 30 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Moderately Volatile InvestorsObserver gives Litecoin a moderate volatility rank of 30, placing it in the bottom 30% of… Source link

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Bitcoin Maximalist Michael Saylor Says Ethereum Could Collapse Like LUNA

Ethereum has come under fire from bitcoin maximalist and former MicroStrategy CEO Michael Saylor who has compared the network to LUNA, which tragically collapsed in May 2022. The effects of the collapse continue to haunt the broader crypto market, playing a role in the collapse of many notable crypto firms. Now, Saylor has pointed fingers at Proof of Stake (PoS) networks like Ethereum as carrying a possibility of crashing like the infamous Terra. Will Ethereum Break Like LUNA? In a Twitter… Source link

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Ethereum price aims at $1,400 as PayPal joins hands with MetaMask to improve on ETH transfer

The PayPal and MetaMask partnership will allow US users to buy and transfer Ethereum seamlessly. Ethereum price is inching closer to reclaiming its critical resistance at $1,432 with bullish support. If the buying spree slows down and the price tumble again, $1,187 would act as Ethereum price’s critical support, losing which would invalidate the bullish thesis. Ethereum is one of the most in-demand cryptocurrencies when it comes to crypto payments and purchases,… Source link

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Ethereum’s Diverse Ecosystem — How Has It Changed In 2022?

Data shows some shifts have taken place in the Ethereum ecosystem this year. Here’s how the shares of some popular transaction types have changed on the network in 2022. Both DeFi And NFTs Have Taken A Hit In Dominance On Ethereum As per the latest weekly report from Glassnode, the DeFi and NFT sectors both have similar dominance on the Ethereum blockchain now. The “dominance” here refers to the percentage of the total Ethereum gas usage that a particular transaction type is… Source link

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Hear The Roar? Big Eyes Coin Could Make You Richer Than Litecoin And Dogecoin

In 2023, cryptocurrencies will become one of the most prevalent forms of digital currency. As a result, there has been a massive surge in their prices. Many live off this digital form of money as it becomes an increasingly valuable commodity. As the usage increases, online merchants and business owners accept cryptocurrencies as a form of exchange. The crypto market is in a bearish phase right now, and coins like Litecoin (LTC) and Dogecoin (DOGE). A new cryptocurrency, Big Eyes Coin (BIG),… Source link

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Bitcoin traders await FOMC, Powell as BTC price hits new 1-month high

Bitcoin traders await FOMC, Powell as BTC price hits new 1-month high

Bitcoin (BTC) set new one-month highs on the Dec. 14 Wall Street open on a day full of key events for the United States Federal Reserve. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Bitcoin bullish with stocks into FOMC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $18,126 on Bitstamp, beating the $18,106 high from the day prior. U.S. stocks edged higher as markets eagerly awaited feedback from the Fed after the November Consumer Price Index print… Source link

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Litecoin (LTC) Emerges as One of the Most Popular Crypto for Payments By CoinEdition

Litecoin (LTC) Emerges as One of the Most Popular Crypto for Payments By CoinEdition

Litecoin (LTC) Emerges as One of the Most Popular Crypto for Payments accounts for over 25% of the payment gateway, and BitPay’s transactions. In a year, the monthly Litecoin payments have increased by 109%. Litecoin payments are primarily seen in North America. Litecoin (LTC) is consistently emerging as the most popular crypto for payment purposes and accounts for over 25% of the payment gateway, BitPay’s transactions. LTC gained popularity as a ‘go-to coin’ for making… Source link

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Machine learning algorithm sets Litecoin price for Christmas Day 2022

The declining price pattern for the majority of the cryptocurrency sector has finally slowed down after months filled with challenges that prevented the repetition of its 2021 success, including for Litecoin (LTC). According to PricePredictions’ machine learning-based algorithm, taking into account technical indicators like the relative strength index (RSI), moving average convergence divergence (MACD), and moving averages (MA), Litecoin isn’t expected to make a significant spike by… Source link

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What Ethereum’s Rejection At $1,350 Says About The Cryptocurrency

Ethereum saw an increase in its price on Tuesday along with the rest of the crypto market following the positive CPI data release. The jump in price saw Ethereum finally beat the $1,300 price point after hovering around $1,200 coming out of the weekend. However, the digital asset had met significant resistance at the $1,350 price level, which could end up being a bearish development for the cryptocurrency. Ethereum Trades Are Wary Currently, Ethereum traders are still very on edge regarding… Source link

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Monero Price Live | XMR Chart, XMR Price Index Today

While Bitcoin is definitely the largest cryptocurrency to ever exist, it has various shortcomings as well. Since the beginning, crypto enthusiasts have demanded a secure, more private, and untraceable type of currency system. That is how Monero originated—to provide financial privacy. As Bitcoin and Ethereum transactions are originally traceable, Monero’s co-founders discovered a way to make cryptographic transactions untraceable. Monero’s history is still under wraps, as very… Source link

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