Monero was launched in 2014 to make anonymous cross-border transactions without a central authority. It helps to disguise the senders’ and receivers’ information and amounts related to transactions. However, it follows an egalitarian approach in the community for supporting and developing the virtual currency and network. It does not have a fixed coin supply like Bitcoin, so many investors are not investing for long-term capital gain. The users will buy XMR for transactions and for… Source link

Litecoin [LTC] also referred to as the ‘silver’ to Bitcoin’s ‘gold’, registered a plunge in price over the last week along with several other cryptos. However, the point that sets Litcoin apart from others is that it also showed better signs of recovery in the last 24-hour period as its performance increased by more than 2%. The growth registered by LTC in the last 24 hours was even more than top cryptos like Bitcoin and Ethereum. At press time, Litecoin was… Source link

Bitcoin can go sideways and south, but as we speak, the world’s most popular – and resilient crypto – is alive and kicking. The Wolf of Wall Street, like every other analyst and market expert, makes mistakes, especially on predicting the fate of Bitcoin. Belfort recently gave an interview where he said he was wrong about the future of Bitcoin and that he had made some incorrect forecasts. In 2017, Jordan Belfort predicted that Bitcoin will resemble a fraud… Source link

The cryptocurrency market, especially Ethereum, continues to see red signals throughout the ecosystem. However, despite such cautionary signs, stakers & holders continue to build their Ethereum (Merge) castle. Falling, but not dead The crypto-industry shed 6.8% of its value within the last 24 hours, with over $300 million positions liquidated in the bloodbath. Ethereum, the market’s largest altcoin, might have suffered the most here. In fact, at press time, ETH’s value had… Source link

This is an opinion editorial by Conor Chepenik, a bitcoin pleb. When a nocoiner asks me about Bitcoin, it’s hard not to take a “Michael Saylor breath” and embark on a four-hour conversation about how there is no second best. My Bitcoin elevator pitch has become better over time, but it’s hard explaining why the world so desperately needs an honest monetary ledger in 30 seconds. Proof-of-work is required to have the glorious experience of going down the Bitcoin rabbit hole. In this… Source link

Several key cryptocurrencies fell dramatically Sunday evening as traditional markets dropped heading into a new trading week. Bitcoin (BTC), Ethereum (ETH), XRP, Cardano (ADA), Solana, and meme coin Dogecoin (DOGE) all saw values fall sharply within a two-hour window as the sun set on the U.S. East Coast, many logging drops of over 3% over the prior 24 hours. Bitcoin fell to $19,617 on Sunday evening, below the last dip to $17,760 seen on July 18, according to CoinGecko. The decline… Source link

On-chain data shows the Ethereum funding rates have now declined to the lowest value in 14 months, something that could pave way for a short squeeze in the market. Ethereum Funding Rates Reach Highly Negative Value As pointed out by an analyst in a CryptoQuant post, the ETH funding rates are currently at their least value since July 2021. The “funding rate” is an indicator that measures the periodic fee that traders in the Ethereum futures market are exchanging between each other right… Source link

With Bitcoin losing its $20k support level on the charts, eyebrows are finally starting to be raised. The market upturn that we saw in July has been diminished to downtrends in the Bitcoin community. The same can also be seen when looking at Bitcoin’s long-standing correlation with the equities market. Ergo, the question – What does the future hold for the cryptocurrency market’s flagship token? The holders hold on! Despite macroeconomic uncertainties, the Fed’s latest… Source link

The Meme Cryptocurrency world has seen exponential growth in the past few months. There are now over 50 different cryptocurrencies being traded around in exchanges worldwide created as part of an internet meme.  The first meme cryptocurrency was created not long ago, with over 50 unique offerings. Meme coins and ICOs are changing the way people view cryptocurrencies and the utility they provide. Still, it’s important to be cautious and informed before you jump on board. However,… Source link

Litecoin (LTC) may have slipped out of the list of the top-20 cryptocurrencies by market cap. Even so, it might be one of the most undervalued coins right now. In fact, it might turn out to be among the best coins with the most potential for a strong bounce back during the next bull market. Litecoin may not have been the best performing cryptocurrency during the relief rally in June and July. However, investors should still consider adding it to their portfolio. Why? Well, for… Source link