After the Ethereum [ETH] Merge, miners had to switch to other blockchains to continue their mining operations. Several of the blockchains benefited from it, and Litecoin [LTC] was among them. LTC’s hashrate has been on a rise for a few weeks now. As of 29 October, LTC’s hashrate reached 529.46 TH/s, indicating an increased number of miners on the network.  The current Litecoin Hashrate is 529.46 TH/s⚡ — Litecoin (@litecoin) October 28,… Source link

While the market is experiencing a dip in the price of cryptocurrencies, there is an increasing interest in the search for new coins with potential. According to analysis, new coins tend to give higher returns if invested during the pre-sale stage. However, you need to pay attention to market excitement and conversations if you want to succeed in cryptocurrencies. Generally, tokens that receive a lot of attention frequently see price increases in a… Source link

While the market is experiencing a dip in the price of cryptocurrencies, there is an increasing interest in the search for new coins with potential. According to analysis, new coins tend to give higher returns if invested during the pre-sale stage. However, you need to pay attention to market excitement and conversations if you want to succeed in cryptocurrencies. Generally, tokens that receive a lot of attention frequently see price increases in a… Source link

Ethereum price dominance over Bitcoin and the rest of the crypto industry continued throughout the month of October.  Analysts at crypto intelligence platform Santiment believe Ethereum’s dominance is coming to a close as ETH address activity declines.  Analysts remain bullish on Ethereum price, despite declining dominance, set a target of $10,000 for the altcoin. Ethereum flippening Bitcoin is a narrative in which ETH’s market capitalization exceeds that of… Source link

Ethereum price has rallied yet again in the last 24 hours. ETH has demonstrated an 8% jump over the past day. This has made the altcoin break past a few trading levels and now flipped them into support lines. The altcoin was quite bullish at the time of writing. In just one week, the coin gained more than 20%, turning the price action bullish. The technical outlook of Ethereum was also leaned towards the bulls as demand for the altcoin turned heavily positive at… Source link

Bitcoin has yet to be toppled from the top position in the cryptocurrency world by any altcoin. It is widely regarded as the first-ever blockchain-based cryptocurrency. From 2009 to now, Bitcoin, which was supposed to be ‘electronic cash’, has not been widely accepted as a form of money. When the idea of Bitcoin was floated, its creator/s Satoshi Nakamoto pitched it as ‘electronic cash’, and not as any speculative asset. At that time, Bitcoin was neither considered an alternative to… Source link

The market does not seem to need any time for rest as the prices of all the top 10 coins are rising. ETH/USD Ethereum (ETH) is one of the most rising coins, its price has rocketed by 8.39%. Despite the rise, Ethereum (ETH) has formed a local resistance level at $1,640 after its false breakout. However, if the rate remains above $1,600, the growth might continue tomorrow as the volume is high. On the daily time frame, Ethereum (ETH) has broken the vital $1,600 mark. If bears cannot… Source link

This week in coins. Illustration by Mitchell Preffer for Decrypt. Crypto markets unthawed this week for the first time in six consecutive weeks. Bitcoin (BTC) rose 8% over the past seven days and trades for $20,718 at the time of writing, according to CoinGecko. Ethereum (ETH) had a stronger rally, up 24% over the week to $1,613 at the start of the weekend.  So-called “Ethereum killers,” layer-1 blockchains with high-functionality smart contracts, had a great week, including Cardano… Source link

Bitcoin (BTC) asleep for up to a decade is waking up this week as BTC price action sees six-week highs. Data from on-chain analytics firm Glassnode shows some of the oldest “dormant” Bitcoin returning to circulation. BTC trends out of hibernation As BTC/USD stages something of a comeback in the second half of October, hodlers are changing their behavior after a year-long bear market. According to Glassnode, the number of Bitcoin previously stationary in their wallet for 7-10 years but not… Source link

Bitcoin was back in the green on Saturday, as bulls returned to cryptocurrency markets to start the weekend. The token moved closer to a peak of $21,000, rebounding from Friday’s sell-off in the process. Ethereum was also higher in today’s session, climbing by nearly 10%. Bitcoin Bitcoin (BTC) rebounded from Friday’s sell-off in today’s session, as the token moved closer to a breakout of $21,000. Following yesterday’s low of $20,132.50, BTC/USD surged to an intraday high of… Source link