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

Litecoin price dived to the lowest level since September 21st. It crashed to a low of $49.36, which was almost 10% below the highest level this month. This decline has brought its market cap to more than $3.6 billion, which is much lower than its all-time high of over $21 billion. US inflation data ahead Litecoin price made a strong bearish breakout as Bitcoin crashed below the important support level at $19,000. The total market cap of all crashed to more than $904 billion, which was the… Source link

Salvadoran President, Nayib Bukele speaks during an event in May 2021. El Salvador become the first country to adopt bitcoin as legal tender in June. Camilo Freedman | SOPA Images | LightRocket | Getty Images It has been more than a year since El Salvador made history by becoming the first country to make bitcoin legal tender, and so far, 37-year-old resident Edgardo Acevedo has found the nationwide crypto experiment to be relatively anticlimactic. “I don’t think anything has changed, except… Source link

Litecoin price dived to the lowest level since September 21st. It crashed to a low of $49.36, which was almost 10% below the highest level this month. This decline has brought its market cap to more than $3.6 billion, which is much lower than its all-time high of over $21 billion. US inflation data ahead Litecoin price made a strong bearish breakout as Bitcoin crashed below the important support level at $19,000. The total market cap of all crashed to more than $904 billion, which was the… Source link

Bitcoin is having a sluggish “Uptober” as compared to how it rallied during the same month last year. According to online crypto data provider Statmuse, the largest cryptocurrency by market capitalization ended October 2021 with an average price of $58,051, peaking at $66,890 on the 21st day of the month. But bitcoin is in a different space right now as for the first 12 days of the month, it is averaging $19,516, tallying its month-high on October 6 when it… Source link

Ethereum failed to clear the $1,300 resistance zone against the US Dollar. ETH is declining and there is a risk of a drop below the $1,265 support. Ethereum is still showing bearish signs below the $1,350 and $1,320 support levels. The price is now trading below $1,300 and the 100 hourly simple moving average. There was a break below a key rising channel with support at $1,290 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of… Source link

XRM price breaks down into a ranging channel as price failed to break above resistance, holding price from trending higher.  XRM trades below 50 and 200-day Exponential Moving Average as the price struggles to regain bullish signs as the price continues ranging in a descending triangle.  The price of XRM needs to break out of the descending triangle with good volume to rally high to a region of $200.  Monero (XRM) prices continue to struggle as they range in… Source link

Litecoin price is down 5% on the month as the bulls are trying to maintain their position above the $0.50 barrier. A bearish death cross of the 8-day exponential and 21-day simple moving averages has been spotted in the last 24 hours, which spells a troublesome trajectory for Litecoin in the coming days. Dogecoin price has lost support at the $0.06 level. DOGE price has been persistently falling under low volume after landing in oversold territory on the Relative… Source link

Litecoin price is down 5% since the beginning of October. The bears show several bearish cues hinting at their control of the trend. Invalidation of the bearish thesis is a breach above $53.50. Litecoin price shows multiple reasons to believe in a further downtrend. Key levels have been defined.  Litecoin price points south Litecoin price is down 5% on the month as the bulls are trying to maintain their position above the $0.50 barrier. A bearish death cross of… 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