Ethereum’s (ETH) price performance has outperformed those of other leading layer1 networks in the last seven days, posting returns of over 10% against Bitcoin (BTC), according to data analyzed by CryptoSlate. Source: Glassnode According to the Glassnode data, only Ethereum and Polygon’s MATIC posted positive returns against Bitcoin during the week. Meanwhile, Solana (SOL) briefly saw positive gains during the week before declining, while other layer1 like Binance (BNB), Polkadot (DOT),… Source link
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Does the Reward Outweigh the Risks?
InvestorsObserver analysis gives Litecoin a low risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is… Source link
Read More »Bitcoin price due sub-$20K dip, traders warn amid claim miners ‘capitulating’
Bitcoin (BTC) climbed back to $20,500 at the Oct. 28 Wall Street open as United States equities sought a stronger finish to the week. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bets that $20,000 will fail as support increase Data from Cointelegraph Markets Pro and TradingView showed BTC/USD capitalizing on renewed optimism as markets began trading. The atmosphere was volatile after tech stocks suffered a major out-of-hours rout, with Bitcoin managing to avoid sustaining knock-on… Source link
Read More »ETH Falls Below $1,500 — Market Momentum Remains Bullish – Market Updates Bitcoin News
Ethereum dropped below $1,500 on Friday, as cryptocurrency markets fell following earlier gains in the week. Bitcoin was also in the red in today’s session, as the token moved closer to a breakout below $20,000. Overall, the global crypto market cap is down 1.90% as of writing. Bitcoin Bitcoin (BTC) fell lower for a second consecutive day on Friday, as bullish sentiment continued to fade. Following a peak of $21,022 on Wednesday, BTC/USD dropped in back-to-back sessions, with… Source link
Read More »3 striking similarities with past Bitcoin price bottoms — But there’s a catch
Bitcoin (BTC) has been consolidating inside the $18,000–$20,000 price range since mid-June, pausing a strong bear market that began after the price peaked at $69,000 in November 2021. Many analysts have looked at Bitcoin’s sideways trend as a sign of a potential market bottom, drawing comparisons from the cryptocurrency’s previous bear markets that show similar price behaviors preceding sharp bullish reversals. Here are three strikingly similar trends that preceded past market… Source link
Read More »Monero [XMR] fails to escape lower range- Answering your ‘why’
Monero [XMR] bulls managed to achieve a 9% upside in the last seven days. However, this is a relatively low upside compared to the gains that some top coins garnered during the same time. Here’s AMBCrypto’s price prediction for Monero (XMR) Monero’s latest upside was less enthusiastic compared to its sharp bounce in June and July. This performance may indicate a lower demand, especially from whales and institutions. A look at Monero’s price chart reveals that the… Source link
Read More »Monero [XMR] fails to escape lower range- Answering your ‘why’
Monero [XMR] bulls managed to achieve a 9% upside in the last seven days. However, this is a relatively low upside compared to the gains that some top coins garnered during the same time. Here’s AMBCrypto’s price prediction for Monero (XMR) Monero’s latest upside was less enthusiastic compared to its sharp bounce in June and July. This performance may indicate a lower demand, especially from whales and institutions. A look at Monero’s price chart reveals that the… Source link
Read More »Ethereum sets record ETH short liquidations, wiping out $500 billion in 2 days
Ether (ETH) is setting liquidation records this week as a comparatively modest price uptick reveals how bearish the market has become. Data from on-chain analytics platform CryptoQuant confirmed that United States dollar-denominated short liquidations hit a new all-time high on Oct. 25. Two days, half a billion dollars of ETH shorts It is not just Bitcoin (BTC) causing the bears severe pain this week — data from exchanges also shows that Ethereum shorters have suffered heavy losses. ETH/USD… Source link
Read More »Monero, Shiba Inu, and Mushe – Best Cryptocurrency investments in 2022 – CoinChapter
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Read More »Bitcoin weak hands ‘mostly gone’ as BTC ignores Amazon, Meta stock dip
Bitcoin (BTC) is decoupling from big tech as disappointing earnings fail to spark any major BTC price losses. Economic data for Q3, 2022, saw heavy losses for some tech stocks, but BTC/USD avoided a chain reaction. Bitcoin hodlers shrug off Q3 tech results The largest cryptocurrency shed around $800 over Oct. 27, or 3.8%, after hitting its highest levels in six weeks. At the time of writing, Bitcoin was still around $20,200, offering more consolidatory trading behavior than a major… Source link
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