Yearly Archives: 2022

Ethereum price breaks out, hits 2-month high versus Bitcoin — is the rally sustainable?

Ethereum’s native token Ether (ETH) has successfully avoided a bearish technical setup to reach a two-month high against Bitcoin (BTC). ETH price bear flag invalidated The ETH/BTC pair invalidated its prevailing “bear flag” pattern after Ethereum developers announced this July 14 that their long-awaited switch to proof-of-stake (called the Merge) will most likely occur in September. ETH/BTC has rallied by more than 22% since the announcement, reaching 0.067, its highest level since May 25…. Source link

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RoboApe (RBA) and Monero (XMR): These 2 Will Help You Overcome the Crypto Winter

RoboApe (RBA) is a project that has entered the market as a meme coin. RoboApe, which has been in its pre-sale for a while, has been adopted by many investors in this process. RBA, which has a comprehensive roadmap, is seen as an investment that can bring long-term and medium-term profit. RoboApe (RBA) aims to maintain its financial stability with a deflationary policy. Accordingly, with the help of the algorithm in the ecosystem, a certain amount of tokens is… Source link

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Why Ethereum (ETH) is Up Almost 50% in 6 Days

Ethereum is going through a massive rally over the past six days as its price increased by a whopping 50% over the period – against the USD. ETH also strongly outperformed BTC, and it’s up 25% against it over the same period, as seen in the chart below. Source: TradingView This move comes roughly a month after the cryptocurrency was trading within a fairly narrow range, which evidently broke to the upside. Ethereum’s Ninth Shadow Fork – Commencing the… Source link

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Warning: Litecoin can jump to $74, but you might lose money

Litecoin, over the years, has become one of the fastest-growing crypto payment methods in the world. The credit for which goes to its investors. Well, the same group of investors is leading the supply of LTC now. As it were, giving crypto the space to recover its losses of the last year. Litecoin and its heavy guns Over the past 14 months, LTC has been stuck in a downtrend that could not be invalidated even during the months of October to December 2021- a time period when… Source link

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South African Court Releases Former Monero Developer Riccardo Spagni From Custody – Regulation Bitcoin News

South African Court Releases Former Monero Developer Riccardo Spagni From Custody – Regulation Bitcoin News

A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents, a report has said. Prior to his release, Spagni aka Fluffypony told the court he had returned to South Africa voluntarily and that he was not a flight risk. US Judge Grants Motion for Spagni’s Extradition A South African regional court magistrate recently ruled to release

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BTC miners ‘finally capitulating’ — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week nearing key resistance as the shock of the latest United States inflation data passes — can the strength continue? The July 17 weekly close may have been practically identical to the last, but BTC/USD is showing some much needed strength prior to the July 18 Wall Street open. Last week was a testing time for crypto hodlers everywhere, with inflation dictating the mood across risk assets and the U.S. dollar capping the gloomy atmosphere. With those pressures… Source link

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Ethereum Tests USD 1.4K as Bitcoin Moves Higher Above USD 21K, MATIC and ETC Rally

Ethereum Tests USD 1.4K as Bitcoin Moves Higher Above USD 21K, MATIC and ETC Rally

  Bitcoin is eyeing more gains above USD 21,000. Ethereum gained pace and tested USD 1,400, XRP is consolidating near 0.35. MATIC rallied 8%, ETC gained 25%. Bitcoin price settled above the USD 20,500 pivot level and managed to climb above the USD 21,000 level. It is currently (04:09 UTC) trading near USD 21,300 and is almost unchanged in a day and up 2% in a week. Similarly, most major altcoins are showing positive signs. ETH gained… Source link

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Bitcoin Price Eyes Fresh Increase To $22K, Why Dips Remain Supported

Bitcoin started a steady increase above the $21,000 resistance against the US Dollar. BTC could rise further towards $22,000 if it stays above the $20,500 support. Bitcoin is slowly moving higher above the $21,000 resistance zone. The price is now trading above the $20,800 level and testing the 100 hourly simple moving average. There was a break above a short-term bearish trend line with resistance near $21,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might… Source link

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What awaits Ethereum Classic [ETC] after approaching key Fib. level

Ethereum Classic’s [ETC] bulls have regained control ever since it bottomed out in mid-June. Their presence has been particularly felt in the last seven days during which ETC’s price action delivered a strong uptick. However, at press time, it was flashing signs of a bearish reversal after its latest rally. ETC’s latest rally kicked off on 13 July from the day’s low at $13.34. It has delivered a sustained bullish uptick since then. In fact, it peaked at $19.92 within… Source link

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Ethereum [ETH]: The true meaning of >130 ‘millionaire’ whales coming back

The cryptocurrency market registered a much-needed surge recently, with the market cap up to almost $1 trillion. Ethereum, the world’s largest altcoin, led the charge with a 14% hike following recent developments around the Merge. Joining the millionaire alley ETH, at the time of writing, was trading around the $1.35k-mark thanks to renewed interest from enthusiasts. Whale activities just aided this cause, as highlighted by the analytical firm – Santiment. Following this… Source link

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