Ether (ETH) price is up 60% since May 3, outperforming leading cryptocurrency Bitcoin (BTC) by 32% over that span. However, evidence suggests the current $1,600 support lacks strength as network use and smart contract deposit metrics weakened. Moreover, ETH derivatives show increasing sell pressure from margin traders. The positive price move was primarily driven by growing certainty of the “Ethereum merge” transition to a proof-of-stake (PoS) consensus network in September. During the… Source link

Monero 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 Monero a low… Source link

Text size Crypto prices have been on a tear over the past month, with Bitcoin gaining almost 25%. Dreamstime … Source link

According to the data from Cryptoquant, Bitcoin miners now own more BTC than ever before. The analytics firm confirmed that BTC holdings of miners drastically increased in the month of July. This comes amid a broader market recovery that was witnessed in July. According to CryptoQuant contributor and analyst Jan Wuestenfeld, miners now hold a total of 1,865,272 BTC, as of the 29th of July. However, the beginning of August did see a slight decline, with total holdings coming in at… Source link

Editah Patrick Editah is a versatile fintech analyst with a deep understanding of blockchain domains. As much as technology fascinates her, she finds the intersection of both technology and finance mind-blowing. Her particular interest in digital wallets and blockchain aids her audience. Source link

Fifty-one days have passed since Bitcoin (BTC) last closed above $24,000, causing even the most bullish trader to question whether a sustainable recovery is feasible. However, despite the lackluster price action, bulls have the upper hand on Friday’s $510 million BTC options expiry. Bitcoin index/USD 1-day price. Source: TradingView Investors have been reducing their risk exposure as the Federal Reserve raises interest rates and unwinds its record $8.9 trillion balance sheet. As a result, the… Source link

The Litecoin price is up by a percentage point in today’s trading session. The price gain follows days of an aggressive bearish move by the cryptocurrency. Today’s price gain is also a reversal of the past five trading sessions that have closed with Litecoin losing.  Litecoin Price Analysis The daily chart below shows Litecoin is up by a percentage point. The trading session also shows that today’s move to the upside may be a reversal of the past week. Looking at the data, Today’s… Source link

Text size Crypto prices have been on a tear over the past month, with Bitcoin gaining almost 25%. Dreamstime … Source link

Despite crypto market turbulence, active contributors across Bitcoin, Ethereum and Solana’s top projects have increased by an average of 71.6% per year since January 2018, according to a new report. The findings come from a Tuesday report sent to Cointelegraph by technology investment firm Telstra Ventures, which found that Solana had the most significant annual increase in monthly-active contributors, growing at a compound annual growth rate of 173% since January 1, 2018. Contributors are… Source link

XRM Token is down by 1.3% over the last 24 hours The pool sees a total hashrate of 1.05 Gh/s  It controls 42% of the entire network hashrate Monero is the most famous security token in space, and financial backers have rushed to it because of the secrecy it gives. Its people group is boundless with a lot of diggers, however, one mining pool has overwhelmed the hashrate of the protection coin previously.  Minexmr, which is the biggest mining pool, has, nonetheless, reported that it will… Source link