Monero receives a low risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a coin can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk. InvestorsObserver is… Source link

The cryptocurrency market is incredibly volatile, which can be both good and bad for investors and traders. Volatility creates opportunities for making profits, but it can also lead to losses. Passive income strategies, however, could be handy in offsetting these losses.  Passive income strategies offer investors and traders opportunities to earn profits, even during challenging market conditions such as bear markets. For those investing in Ether (ETH), or any crypto in general, earning… Source link

The cryptocurrency market is saturated with projects at the moment. With new tokens being introduced and the existing ones battling with the bear markets, it can be confusing which crypto you should invest in. Therefore, top investors must research the market deeply to unravel rare opportunities. Investing in a single coin in this stormy market might be too risky. So, diversifying your portfolio with potential coins is always a smart move. To help users… Source link

Bitcoin (BTC) attempted to retake $21,000 on Oct. 29 as weekend trading began on a strong footing. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar lurks as BTC price rebounds Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it rebounded overnight to local highs of $21,078 on Bitstamp — enough to clinch new six-week highs. The pair had seen a consolidatory phase ensue after its first trip to the $21,000 mark, the first time it had traded above $21,000… Source link

The good news is that Apple (AAPL 7.55%) is now supporting non-fungible tokens (NFTs) in its App Store. Given Apple’s massive influence in the tech world, this would seem to signal the future mass-market adoption of NFTs. The bad news is that Apple’s new NFT rules are potentially so restrictive and onerous that there has already been blowback in the crypto community. Since Ethereum (ETH 3.84%) and Solana (SOL 2.07%) are the two top crypto players in the NFT world, it’s clear that Apple’s… Source link

ANI | Updated: Oct 29, 2022 14:41 IST New Delhi [India], October 29 (ANI/ATK): Rocketize is a memecoin created by a team of passionate developers and crypto enthusiasts.Unlike Dogecoin, Rocketize is not a joke or a mockery of crypto but an emerging memecoin aiming for the top spot.The project and token are primarily owned by its community of investors and crypto enthusiasts,… Source link

The Merge, which is considered one of the most significant blockchain upgrades on Ethereum to date, brought down the network’s energy consumption by 99.9% immediately. On Sept. 15, the Ethereum blockchain migrated from proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism in an effort to transition into a green blockchain. What followed was an immediate and steep drop in total energy consumption of the Ethereum network. The Ethereum Energy Consumption Index…. Source link

Litecoin price analysis shows that the LTC/USD pair is currently in a bullish trend. The pair has formed higher highs and higher lows, indicating that the bulls control the market. The price is now facing resistance at the $0.02342 level. If the bulls can break this resistance, they will likely target the $55.58 resistance level, While support for the pair is at $53.74, which is the previous low, a break below this level could signal a bearish trend reversal. The LTC/USD pair is currently… Source link

The Bitcoin price is trading bearish near $20,600 during the Asian session, having bounced off the $20,000 support level. Similarly, Ethereum has gained over 4% to $1,585 and is heading north toward the 78.6% Fibonacci retracement level. Early on October 29, major cryptocurrencies were trading in the green, as the global crypto market cap surpassed $1 trillion, up from $979.72 billion the day before. DeFi’s total volume was… Source link

It is important to be security-aware when navigating the crypto ecosystem. Choosing projects with security verification, such as Dash 2 Trade, Calvaria, IMPT, and Tamadoge. Scams, rug-pulling, and other illegal activities are bad side effects of the fact that the internet economy works anonymously and with little interference. So, it’s important to know how to spot red flags in some projects and which projects to avoid in general. This article tells you about popular… Source link