The crypto industry is full of ambitious projects, all trying to make it to the top and provide users with a lot of profit. Litecoin (LTC) gathered a strong community by providing a lighter and faster alternative to Bitcoin (BTC). Decentraland (MANA) is another cryptocurrency that has done very well and has become the top metaverse in the industry. Big Eyes Coin (BIG) is new in the market, and it wants to take a top spot in the industry. BUY BIG EYES COIN NOW! Big Eyes… Source link
Read More »Yearly Archives: 2022
Bitcoin price threatens $19.6K as Ray Dalio predicts 30% stocks crash
Bitcoin (BTC) attempted to violate local lows on Sep. 16 as the latest cross-crypto downtrend intensified. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No relief for BTC bulls post Merge Data from Cointelegraph Markets Pro and TradingView showed BTC/USD approaching $19,600 at the time of writing, with buyer support just avoiding a further drop. The level had remained in place as an intraday floor as the Ethereum Merge concluded, only to spark a sell-off, which took Ether (
Read More »Bitcoin and Ether Tumble. A Successful ‘Merge’ Can’t Outweigh Macro Pressures.
Text size Cryptocurrencies were tumbling Friday in tandem with the stock market. Ozan Kose/AFP via Getty Images … Source link
Read More »Litecoin Price Prediction: Here’s Why LTC is Plummeting – InvestingCube
Litecoin price has had a tough week as investors re-adjusted their Fed expectations following the latest economic data from the United States. LTC crashed to a low of $55.35, which was the lowest level since September 7 of this year. It has fallen by more than 7% from its highest level this month, giving it a market cap of more than $3.99 billion. Litecoin price has come under intense pressure following the latest American inflation data. The numbers showed that the country’s headline… Source link
Read More »What Is Wrapped Bitcoin? – The Defiant
Incompatibility is inevitable when you have dozens of blockchain networks with their own smart contract formatting. This is why Bitcoin cannot simply be transferred to Ethereum in its original state. Bitcoins can be wrapped as Ethereum-compatible ERC-20 tokens, making that into Wrapped Bitcoin (WBTC). Wrapped Bitcoins are to Bitcoin what the USDT stablecoin is to the dollar. Both circumvent incompatibility via a new, compatible digital asset anchored into the original one. But, is there more… Source link
Read More »Ethereum may now be more vulnerable to censorship — Blockchain analyst
Ethereum’s upgrade to proof-of-stake (PoS) may make it more vulnerable to government intervention and censorship, according to the lead investigator of Merkle Science. Speaking to Cointelegraph following the Ethereum Merge, Coby Morgan, a former FBI analyst and the lead investigator for crypto compliance and forensic firm Merkle Science, expressed his thoughts on some of the risks posed by Ethereum’s transition to PoS. While centralization issues have been broadly discussed leading up… Source link
Read More »Polkadot, Ripple & Litecoin — Asian Wrap 16 September
Polkadot price could bounce near this level, but the technicals suggest a larger selloff is coming. Polkadot price shows reasons to be concerned as the bears are hours away from printing a classical shooting star reversal pattern on a 3-day chart. The last time the classic reversal pattern formed was a month ago. XRP price is in trouble as the bears persistently flex their control. Following the US CPI release on September 13, Ripple has fallen 10%…. Source link
Read More »First Mover Asia: Ether Tumbles Below $1.5K; Ethereum Merge May Ding Demand for Chips, but Semiconductor Stocks Could Still Be a Good Buy – CoinDesk
Equity markets also had their problems with the tech-focused Nasdaq and the S&P 500, which has a strong technology component, both declining more than a percentage point, and the Dow Jones Industrial Average (DJIA) losing about 0.5%. Investors remain skittish about inflation and the looming robustness of the U.S. central bank’s next interest rate hike at its Federal Open Reserve Committee meeting in less than a week. Observers of monetary policy widely expect a third, consecutive 75 basis… Source link
Read More »Litecoin: Does the ETH Merge have anything to do with the surge in LTC’s hashrate
Litecoin [LTC] and other top cryptocurrencies have been overshadowed by the Ethereum [ETH] Merge for the last few weeks. Interestingly, LTC may have actually benefited from the Merge from a hashrate perspective. An inspection of Litecoin’s hash rate reveals a sharp uptick in the first 10 days of September. Its hash rate grew from as low as 390.93 TH/S on 31 August and peaked at 527 TH/S on 9 September. Source: Coinwarz The timing of Litecoin’s hash rate spike aligns with… Source link
Read More »Ethereum has undergone its “merge”. What does that mean for crypto?
Ethereum, the blockchain network behind the world’s second-largest crypto token ether, just completed a major software upgrade that could revolutionize the cryptocurrency universe, some experts say. The upgrade, called “the Merge” by crypto enthusiasts, promises to lower Ethereum’s energy consumption and attract more users. Climate activists have long criticized digital assets because producing them uses enormous amounts of electricity and generates large CO2 emissions. The… Source link
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