Commodities: Energy sold off as well, with WTI crude oil falling 5.4%. Natural gas declined 3.4%, while European Brent crude and gasoline (RBOB) fell 4.4% and 4.7%, respectively. Despite its safe-haven reputation, gold fell 1.8%. Copper, used as a barometer of economic conditions, decreased 3.6%. Source link

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Ethereum is the second most valuable crypto project behind Bitcoin. The protocol enables the development of several decentralised solutions and apps and directly impacts music, gaming, entertainment, and decentralised finance (DeFi). However, it has not enjoyed a smooth sail in this year’s… Source link

Litecoin price turns negative halfway through the European session as a meltdown in sterling creates ripples in the markets. LTC price will slip below $50 if dollar strength continues towards the US closing bell. Expect to see a negative weekly close with a possible further breakdown over the weekend. Litecoin price (LTC) sees bulls being taken to the cleaners as an early rally gets cut short and turns completely negative. The catalyst appears to have been UK… Source link

El Salvador, the small Central American nation that made history just over a year ago when it made Bitcoin (BTC) legal tender, recently marked its first year of BTC adoption. The Salvadoran government touted BTC as a tool to attract foreign investment, create new jobs and cut reliance on the United States dollar in the country’s economy at the time of adoption. Many BTC proponents and the libertarian community rallied behind the small nation despite mounting pressure from global… Source link

When one thinks of Blockchain technology, two things should come to mind: decentralization and privacy. This was the main reason it was created. Today, some cryptocurrencies are providing this and more to users. Here are three cryptocurrencies offering both options to users and are worth looking out for Metacryp (MTCR), Monero (XMR), and The Sandbox (SAND). Metacryp (MTCR) The New Crypto It is no news that cryptocurrencies exist without a physical form. This has caused the transition of… Source link

The Moshnake project is a snake-themed gaming platform to attract the highest crypto investment. The project will melt the heart of crypto lovers due to its best efficient swapping technique. Moshnake community is building one of the best NFTs markets for players to make sales of their creative content. The snake-like project is initiating a medium where players can have a pleasurable moment and also make profits. The team of developers loves to bring… Source link

Text size Bitcoin prices are close to their lowest levels all year. Dreamstime … Source link

As expected, Ethereum has been doing poorly since the much-touted Merge event. This was a groundbreaking moment for the crypto industry. Although the Merge was anticipated to boost investor confidence, it occurred at the worst possible time. The Merge took place at an interesting point in crypto history. The update went up on September 15—just two days after the United States CPI data was made public. There was a widespread selloff in the stock markets because… Source link

The overall average balance on every Litecoin address fell to $507, levels last visited back in April 2017. Litecoin on the chart has been virtually unmoved for almost four months now, trading at $52.9. Litecoin’s low correlation with Bitcoin opens the altcoin up to the possibility of a rally if Bitcoin concedes to the market’s fears. “Silver to Bitcoin’s Gold” has been Litecoin’s identity since its inception, and rightfully so since it is truly no… Source link

Litecoin achieves a low risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk. InvestorsObserver is giving Litecoin a… Source link