Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject A number of cryptocurrencies are currently trading sideways on their daily and weekly charts. Ethereum (ETH) is considered one of the market’s most significant cryptos, with many in the community believing that the market will continue to grow by the end of October. In fact, according to Coinglass statistics,… Source link
Read More »Yearly Archives: 2022
Bitcoin will shoot over $100K in 2023 before ‘largest bear market’ — trader
Bitcoin (BTC) will top $100,000 next year but a record-breaking bear market will follow, a popular trader believes. In a Twitter discussion on Oct. 22, Credible Crypto endorsed a theory that Bitcoin’s next halving will also see macro lows of just $10,000. BTC bulls need only wait a year for $100,000 With consensus calling for Q4 2022 to match the end of the 2018 Bitcoin bear market, few are in the mood to call a trend change. While a bold prediction from LookIntoBitcoin creator Philip Swift… Source link
Read More »Ethereum Whale Abruptly Moves Over $124,000,000 in ETH – Here’s Where the Crypto’s Going
A deep-pocketed investor is suddenly moving tens of thousands of Ethereum (ETH) tokens amid the uncertainty surrounding the crypto markets. Blockchain tracker Whale Alert initially spotted the transaction involving a large Ethereum holder relocating 97,273 ETH worth $124.69 million at time of transfer. According to Whale Alert, the large crypto trove was shifted from one unknown wallet to another wallet of unknown origin. Since the funds were not transferred to a known exchange… Source link
Read More »ETH Back Above $1,300 to Start the Weekend – Market Updates Bitcoin News
Ethereum was once again trading above $1,300, as cryptocurrency prices rose to start the weekend. Markets were back in the green on Saturday following a volatile week, which came as the U.S. dollar continued to strengthen. Bitcoin also surged higher, moving back above $19,000. Bitcoin Bitcoin (BTC) rose back above $19,000 on Saturday, as cryptocurrency markets climbed higher to start the weekend. Earlier in today’s session BTC/USD rallied to an intraday high of $19,237.39, which… Source link
Read More »Here’s Another New Book for Bitcoin Skeptics
I expected a fairly lazy and hysterical recounting of the many ills of crypto when I began reading Popping the Crypto Bubble. The ambitious crypto-skeptical book was co-authored earlier this year by financial fraud writer Darren Tseng, fintech consultant Jan Akalin, and software engineer Stephen Diehl—notably, the organizers of September’s historical “no-coiner” conference. Diehl is the most notorious of this trio. He regales his 58,000-strong Twitter audience with a daily deluge of… Source link
Read More »Analyst Benjamin Cowen Says Crypto Assets Are 50% Undervalued, Predicts When Bitcoin May Rally to ‘Fair Value’
The popular crypto strategist who continues to build a following with timely Bitcoin (BTC) analysis says the king crypto is grossly undervalued. In a new interview on the Real Vision Crypto channel, Cowen says that crypto assets are massively undervalued based on the logarithmic regression model. “This chart is something I’ve shown a few times in the past. The blue line is the total cryptocurrency market capitalization. The red line is what’s called the fair value… Source link
Read More »Ethereum Bearish Pressure Can Drag ETH Back To $1,000 Level
Ethereum completed its shift from proof-of-work (PoW) to proof-of-stake (PoS) via the highly anticipated “merge” last September 15, 2022. But after more than a month from that historic event, Bitcoin’s closest rival still has nothing to show for as its price flat-lined as it failed to take off despite the hype that surrounded the second largest cryptocurrency before the merge. Ethereum struggles to breach and sustain the $1,300 marker ETH is caught in a… Source link
Read More »Litecoin And How It Works
By CNBCTV18.com Oct 22, 2022, 10:23 AM IST (Published) Mini Litecoin is a project from the era when a few bull runs had already solidified Bitcoin as the leading player in the cryptoverse. From Litecoin’s founder to its pricing over the years, it has followed a trajectory similar to Bitcoin, improving wherever it can. In this article, we discuss Litecoin, its creation, purpose and how it works. If there was one cryptocurrency that could be explained, both in tokenomics and in function, in… Source link
Read More »Litecoin And How It Works
By CNBCTV18.com Oct 22, 2022, 10:23 AM IST (Published) Mini Litecoin is a project from the era when a few bull runs had already solidified Bitcoin as the leading player in the cryptoverse. From Litecoin’s founder to its pricing over the years, it has followed a trajectory similar to Bitcoin, improving wherever it can. In this article, we discuss Litecoin, its creation, purpose and how it works. If there was one cryptocurrency that could be explained, both in tokenomics and in function, in… Source link
Read More »Litecoin’s whale transactions spike, but what could it mean for retailers
The week so far has been marked by a significant spike in Litecoin’s [LTC] address activity and whale transactions, according to the data from Santiment. Whale transactions valued above $1 million clinched their highest daily count so far this year during the trading session of 20 October. ⚡️ #Litecoin has been quietly under the radar in 2022, but address activity & whale transactions have exploded this week. Particularly with $1m+ valued transactions on the network,… Source link
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