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 metric reached a 2022 peak of 82% in March, when BTC was trading near $48,000. The lowest the metric has reached in recent history was 41% in March 2020, when BTC was trading at $5,000. Still, at the current 52% level, it’s beginning to approach the sub-50% range, where BTC would be considered oversold. Source link

This is an opinion editorial by Stephan Livera, host of the “Stephan Livera Podcast” and managing director of Swan Bitcoin International. Financial Times Columnist Jemima Kelly published an article titled “Don’t Believe The ‘Maximalists: Bitcoin Can’t Be Separated From Crypto” earlier today and I’d like to share some reactions from a Bitcoiner perspective. Quoted text below is all from Kelly’s article. “If you have ever dared to direct criticism at the world of crypto, the… 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

Monero (XMR) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Thursday, the Digital Money has declined 1.88% to $139.85. InvestorsObserver is giving Monero a 23 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero! Low Volatility InvestorsObserver gives Monero a low volatility rank of 23, placing it in the bottom 23% of cryptos on… Source link

With bitcoin holding steady even as the Fed raises its benchmark rate by another 0.75 percentage points, plus a look at implications of the newly upgraded Ethereum, CoinDesk’s “Markets Daily” is back with the latest news roundup. September 22, 2022 Listen on: Source link

ETHW was created by miners, but what happens next? – Photo: Shutterstock It’s one of the more potentially interesting new cryptocurrencies, but what is ethereum pow (ETHW)? Let’s take a look and see what we can find out about this coin, and also examine some of the few ethereum pow price predictions that were being made as of 22 September 2022, too.  What is Ethereum PoW? Ethereum is one of the biggest blockchains out there, and its native ether (ETH) coin is the second-largest

A Bitcoin (BTC) on-chain indicator, which tracks the amount of coin supply held by long-term holders (LTHs) in losses, is signaling that a market bottom could be close. Eerily accurate Bitcoin bottom pundit As of Sept. 22, approximately 30% of Bitcoin’s LTHs were facing losses due to BTC’s decline from $69,000 in November 2021 to around $19,000 now. That is about 3%–5% below the level that previously coincided with Bitcoin’s market bottoms. For instance, in March 2020, Bitcoin price declined… Source link

“Even if central banks tighten monetary policy further, the situation will not worsen more, for the current performance of crypto assets is terrible enough,” Griffin Ardern, volatility trader from crypto asset management-firm Blofin, told CoinDesk’s Omkar Godbole. Source link

Billionaire Mike Novogratz is predicting Ethereum (ETH) is near the bottom after its successful merge upgrade earlier this month. In a new CNBC interview, the CEO of Galaxy Digital praises the Ethereum merge and makes a bottom price prediction, while also ruling out a “catastrophic fall” in the price of Bitcoin (BTC). “Ethereum has had a pretty big move down. We had the merge. The merge was an amazing accomplishment in lots of ways, right? It shows that a decentralized… Source link