Ether (ETH) gained 5.6% on Dec. 20 after testing the $1,150 support the previous day. Still, a bearish trend prevails, forming a three-week-long descending channel, a price action attributed to expectations of further U.S. Federal Reserve interest rate hikes. Ether/USD price index, 12-hour. Source: TradingView Jim Bianco, head of institutional research firm Bianco Research, said on Dec. 20 that the Fed will keep the economy tightening in 2023. Later that day, Japan’s central bank increased… Source link

“Monero has been increasing in popularity and stability due to its high privacy levels and open source code.” Monero Has Displayed Stability Over the Past Three Months Despite the Current Unrest in the Cryptocurrency Market. London, England – 20th December, 2022 – The cryptocurrency market has been experiencing considerable volatility and disruption over the past few months.  While most cryptocurrencies have been through huge fluctuations, Monero has been the exception. … Source link

Smart Contracts represent computer code that ensures when the terms of the contract are met by both parties. It executes automatically, allowing for peer-to-peer trustless transactions. Smart contract platforms are designed for the building of decentralized applications, layer 2 scaling systems, decentralized autonomous organizations (DAO) and custom protocols. Each platform has a unique open-source user and miner incentive structure and utilizes a BFT consensus mechanism. Each platform… Source link

As of Dec 15, 2022, DCF lost 18.2% for the quarter to date (QTD), and included 45 digital assets assigned to 12 industries in seven industry groups according to the CoinDesk Digital Asset Classification Standard (DACS). Fully 38 constituents remained in DCF the entire fourth quarter with 31 or 81.6% losing and 7, or 18.4%, gaining. Source link

Leading crypto insights firm Santiment says four altcoins are showing signs of an imminent bounce after getting “hammered” in the market. According to Santiment, metaverse altcoins Decentraland (MANA) and The Sandbox (SAND) along with Chiliz (CHZ) and Ren (REN), are in “opportunity zones” after the crypto market experienced big losses. Santiment says the market-value-to-realized-value (MVRV) metric bodes well for the four crypto assets. The MVRV is the ratio of an… Source link

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

The crypto market is booming, and many crypto experts are looking for new cryptocurrencies that can make massive future profits. Cryptocurrencies like Litecoin (LTC) and Shiba Inu (SHIB) have made good profits. But now, Big Eyes Coin (BIG) is among the newest cryptocurrency that aims to forge a community and challenge the norms of the meme sector. Big Eyes Coin (BIG): Next Big Meme Coin In The Market Big Eyes Coin (BIG) is a new cryptocurrency still in the presale stage and, with its… Source link

When I spoke with Alex Gladstein, chief strategy officer of Human Rights Foundation, he had just returned from a bitcoin conference in Ghana. “I was blown away,” says Gladstein. “I was staggered by the number of bitcoin entrepreneurs and leaders from so many different countries.” He met people from rural Cameroon, from Democratic Republic of the Congo, from Somalia, from conflict zones. “They’re all just building on bitcoin. It’s legitimately amazing,” he says, which is why… Source link

The popular digital asset analyst known as Credible is analyzing the short-term outlook for Bitcoin (BTC), Ethereum (ETH) and one decentralized finance (DeFi) altcoin. The trader says in a new Loom video that he thinks Bitcoin will likely jump up to the $19,000 range “for some proper relief.” However, he also says the alternate scenario is that Bitcoin loses the “must-hold” level of $16,300-$16,400 and drops to lows around $16,000. Source: Credible/Loom BTC is trading at… Source link

During the Asian session on December 21, Bitcoin price prediction remains bearish under $17,000, as investors await US consumer confidence data. Similarly, Ethereum traded bullish to $1,220, but the bulls appear to be exhausted, keeping ETH below the $1,222 resistance. The global crypto market cap gained 1.50 percent to $811.88 billion on the previous day, as major cryptocurrencies traded in the green early on December 21. The… Source link