On the daily price chart, the Litecoin price is attempting to climb back above the falling wedge pattern. Cryptocurrency LTC is currently trading below the 20, 50, 100, and 200-day Daily Moving Averages. The pair of LTC/BTC is at 0.002638 BTC with an intraday drop of 1.13%. Over the daily price chart, the price of Litecoin has been decreasing into a wedge-shaped pattern. Bulls on LTC tried to hold their position at the top trendline of the chart to get out of the falling pattern. With slowly… Source link

Bitcoin (BTC) experienced a 16.5% correction between Aug. 15 and Aug. 19 as it tested the $20,800 support. While the drop is startling, in reality, a $4,050 price difference is relatively insignificant, especially when one accounts for Bitcoin’s 72% annualized volatility. Currently, the S&P 500’s volatility stands at 31%, which is significantly lower, yet the index traded down 9.1% between June 8 and June 13. So, comparatively speaking, the index of major U.S.-listed companies faced a more… Source link

Litecoin (LTC) has continued to range in a channel against Tether (USDT) as it attempts to break out of this trend. The price of Litecoin LTC has shown little to no major movement despite the change in trend across the market in recent weeks as many altcoins rallied and produced gains of double digits. (Data from Binance) Litecoin (LTC) Price Analysis On The Weekly Chart Weekly LTC Price Chart | Source: LTCUSDT On Tradingview.com From the chart, the price of LTC saw a weekly low of $45,… 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

Ethereum [ETH] is starting to rank among accolades lately as the Merge release date appears closer. The expected- 15 September launch has gripped the crypto community with huge promised incentives. The upcoming Merge has also led to a spike in the development activity on the Ethereum network in the past few weeks. This is reflected in Ethereum’s top standing among projects with the highest development activity in the past 30 days. At a value of 401, Ethereum is currently… Source link

Text size Bitcoin was trading above $24,000 at points last week, but has since fallen back. Dreamstime … Source link

As the cryptocurrency sector navigates through a bear market, different projects appear unfazed by the conditions accelerating development activities on their respective blockchains. Notably, some projects within the space are standing out in a bid to meet the demands of the community. In particular, Ethereum (ETH) ranks top among the projects with the most development activity in the last 30 days at 401, according to data provided by blockchain analytics platform Santiment on August… Source link

Bitcoin (BTC), the world’s most-valued cryptocurrency, has the potential to be a significant energy consumer in the future, but only if it reaches several million dollars, according to new estimates by Arcane Research. Crypto research and analytics firm Arcane Research on Monday released a report estimating the development in Bitcoin’s energy usage towards 2040. Authored by Arcane Research analyst Jaran Mellerud, the report points out that Bitcoin’s future energy consumption differs… Source link

Monero (XMR) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Monday, the Digital Money has lost 1.6% to $152.35. InvestorsObserver is giving Monero a 24 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 24, placing it in the bottom 24% of cryptos on 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