Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link
Read More »Yearly Archives: 2022
Merge Aftermath: Ethereum Fees, Supply, And The Network At Large
The Ethereum Merge was one of the most anticipated upgrades in the history of crypto. Once the upgrade was successfully completed, Ethereum moved from being a proof of work (PoW) blockchain since inception to being a proof of stake (PoS) blockchain. Naturally, this move had some implications for the network and its users. A Better Ethereum There is no doubt that the move to proof of stake made Ethereum a better blockchain than before. The first thing noticeable… Source link
Read More »Bitcoin price crosses $20K as daily crypto short liquidations pass $400M
Bitcoin (BTC) spiked above $20,000 on Oct. 25 as risk assets benefited from new U.S. dollar weakness. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin taps three-week highs Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting highs of $20,191 on Bitstamp. The move came in tandem with rising United States equities, these in turn buoyed by a declining U.S. dollar, which lost traction against major trading partner currencies on the day. With that, Bitcoin saw… Source link
Read More »Litecoin (LTC), Moderate Volatility and Falling Tuesday: Is it Time to Cash Out? – InvestorsObserver
Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Digital Money has dropped 0.02% to $53. InvestorsObserver is giving Litecoin a 26 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 26, placing it in the bottom 26% of cryptos on… Source link
Read More »BTC Moves Lower as Prices Fail to Break Out of Key Resistance Level – Market Updates Bitcoin News
Bitcoin was trading lower in today’s session, after failing to break out of a key resistance level of $19,600. Bullish sentiment seemed to have returned to the market on Monday, however this momentum was short lived. Ethereum also fell in today’s session, but remained above its recent price ceiling. Bitcoin Bitcoin (BTC) moved lower on Tuesday, as bears returned to action following a failed breakout of a key resistance point. BTC/USD slipped to an intraday low of $19,206.32… Source link
Read More »Litecoin price analysis: LTC/USD continues dipping further this week as prices break below $52.51
Litecoin price analysis shows that the LTC/USD pair is currently in an extreme bearish trend. The next support level for the pair is present at $52.26, which if broken can push the price further down to the $52.00 support level. On the other hand, resistance for the pair is present at $53.35. A break above this level can take the price back to the $53.80 resistance level. The LTC/USD has decreased by 1.55% in the last 24 hours and is currently trading at $52.51. The digital asset has a… Source link
Read More »Adding Dogeliens to your Portfolio alongside Cardano and Litecoin could be your best purchase
Dogeliens (DOGET) is a revolutionary meme coin that capitalizes on the non-fungible token (NFT) as well as the popularity of the meme coin market. Holders of the Dogeliens (DOGET) token can create a non-fungible token (NFT), providing them access to fascinating financial and social incentives. Keep reading to find out why crypto speculators believe Dogeliens (DOGET) will be the next crypto to explode in 2022, despite many other dog-themed meme currencies. In this… Source link
Read More »Crypto Analyst Predicts 825% Rally for Top Ethereum (ETH) Competitor on Back of Rapid Adoption
A popular crypto analyst is predicting an exponential rally for one of Ethereum’s (ETH) biggest competitors. The anonymous host of InvestAnswers tells his 444,000 YouTube subscribers that the rapid adoption of smart contract platform Solana could be the fuel that sends SOL back to its all-time high of $259.65. “I believe considering that Solana trades at less than 1/16th of the market cap of Ethereum, but it’s as widely adopted and does a lot of transactions, I think it’s… Source link
Read More »Gold vs BTC correlation signals Bitcoin becoming safe haven: BofA
Despite the ongoing cryptocurrency bear market, investors have been increasingly looking at Bitcoin (BTC) as a safe haven, a new study suggests. The rise in the correlation between Bitcoin and gold (XAU) is one of the major indicators demonstrating investors’ confidence in BTC amid the ongoing economic downturn, according to digital strategists at the Bank of America. Bitcoin’s correlation with gold — which is commonly viewed as an inflation hedge — has been on the rise this year, Source link
Read More »Consider Big Eyes, Solana, and Litecoin If You’re Looking for the Best Cryptocurrency to Invest in 2022 – CryptoMode
You cannot resist buying cryptocurrencies if you wish to increase your savings portfolio. An increasing inflation rate demands smart investments. Top trading crypto assets are not always the best tokens to buy. You have to recognize tokens that may replace Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and Dogecoin (DOGE) in the future. Plan for a long-term investment in a token with the best growth potential. You may need to wait for a few years but you will gain multifold returns. Search… Source link
Read More »