The importance of gasoline inventory levels is one of supply and demand. Traditionally, an increase in supplies can be read as bearish for prices, and a decrease in supplies can be read as bullish. This is especially true if and when inventory changes move outside of the band of expectations. Wednesday’s expectations were for an increase of 71,000 barrels. Source link

Decided Ethereum is a good investment right now? You can buy some at some of the best exchanges like Gemini, Robinhood and WeBull. Ethereum is the second-largest cryptocurrency in the world and for good reason. It was the first general-purpose blockchain, launched in 2015. Think of a general-purpose blockchain as a decentralized computer running on hardware all over the world. It enables all the most exciting fields in Web3. It is so popular that it seems like every single crypto… Source link

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With the transition to a scalable, energy-light proof-of-stake blockchain at play for Ethereum, many have cast doubts on the popular coin’s future, given the magnitude and complexity of the Merge upgrade. But, among prominent stakeholders, one particular project remains heavily bullish on Ethereum’s future, which is none other than layer-two scaling solution Polygon. At the annual Ethereum Community Conference in Paris, Cointelegraph’s events manager, Maria A., spoke to Polygon’s vice… Source link

Litecoin Plus (LCP) gets a neutral rating from InvestorsObserver Wednesday. The coin is up 59.23% to $0.002600765756 while the broader crypto market is down 0.06%. Litecoin Plus has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin Plus! Neutral Over the last five days, Litecoin Plus has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score… Source link

Cryptocurrency investors continue to enjoy this week’s bullish price action after Bitcoin (BTC), Ether (ETH) and a handful of altcoins rallied on July 20 alongside gains in the traditional markets.  Data from Cointelegraph Markets Pro and TradingView shows that a midday rally by Bitcoin bulls managed to lift the top crypto to a daily high of $24,281, which sparked a new round of bullish proclamations on Crypto Twitter. BTC/USDT 1-day chart. Source: TradingView While the week-long climb has… Source link

Litecoin price has breached a triangle consolidation to the upside. If the technicals are correct a rally towards $70 is underway. Litecoin price currently trades at $60.21 as the bulls have established a new monthly high with a large bullish engulfing candle. The invalidation of the bullish trend can be a break below the triangle at $55. LTC/USDT 3-Hour Chart Source link

Text size Bitcoin prices have already rallied this week. Jack Guez/AFP via Getty Images The price of Bitcoin Source link

Griff Green, founder of decentralized charity platform Giveth, argued the state justifies its negatives (surveillance, overtaxation, etc.) with its positives (roads, parks, etc.). Crypto’s hyperregen tactic is to wither away the state’s stranglehold on the positives until all that is left is the negative, undercutting any justification for the existence of the state at all. Source link

New Daily Addresses refer to first-time wallet users on any blockchain network, which can signal growth and adoption. On Solana, new users peaked at over 400,000 in May before gradually declining to 240,000 users this week. These figures are a jump from December 2021’s levels of 150,000 to 170,000 new users each day. Source link