Analyst who predicted the bear market of 2018 believes Bitcoin and Ethereum prices are very close to their bottom.  Kevin O’Leary of Shark Tank detailed his crypto holdings include Ethereum and scaling solution MATIC.  Analysts argue that a drop below $1,070 could push Ethereum prices lower.  The cryptocurrency analyst known for accurately predicting crypto bear markets believes Ethereum is close to printing cycle lows. Analysts believe Ethereum price could… Source link

Text size Crypto prices have plunged in recent days. Jack Guez/AFP via Getty Images Source link

Monero is a cryptocurrency based on the open-source CryptoNote protocol, designed to protect the anonymity of its users. As a cryptocurrency, Monero (XMR) has focused on making its wallets and transactions completely anonymous. With the goal of making private transactions accessible worldwide, Monero goes into direct competition with Bitcoin and other cryptocurrencies. private money — Photo by Dayne Topkin on Unsplash Monero Means MoneyPrivate, decentralized cryptocurrency that keeps your… Source link

Tomiwabold Olajide Polygon (MATIC), Tron (TRX) and Monero (XMR) posted larger losses compared to other altcoins Bitcoin fell to an 18-month low of $20,079 on June 15, amid weak macroeconomic sentiment and the risk of contagion from within the crypto market. Ether, the second largest crypto by market cap, suffered even greater losses than Bitcoin, trading down 10.49% at $1,069. Meanwhile, Bitcoin traded down 8.21%, save for stablecoins, Algorand and Basic Attention Token, which were up… Source link

Bitcoin (BTC) spared hodlers the pain of losing $20,000 on June 15 after BTC/USD came dangerously close to last cycle’s high. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin “bottom” fools nobody Data from Cointelegraph Markets Pro and TradingView showed BTC/USD surging higher after reaching $20,079 on Bitstamp. In a pause from its sell-off, the pair followed United States equities higher on the Wall Street open, hitting $21,700. The S&P 500 gained 1.4% after the opening… Source link

This year has been a tough one for cryptocurrency investors, with the overall market cap falling by more than 50% from its all-time high it reached in November 2021. While the market is not completely out of the woods, there is light at the end of the tunnel. Some investors are now focused on building their portfolios by acquiring important assets across the whole ecosystem, from coins to tokens and even presales – such as CashFi – while they are still cheap…. Source link

While there are literally thousands of cryptocurrencies, when it comes to the big dogs, there are really only two: Bitcoin and Ethereum. Bitcoin is the original crypto, created in 2009, and Ethereum was created as a “Bitcoin killer” in 2015. Together, the two comprise nearly two-thirds of crypto’s $1.3… Source link

Monero [XMR] has been on free fall since the start of June as what started out as a minor retracement turned into a fully-fledged crash. XMR’s latest crash has so far undone the gains from its 75% rally that it achieved from mid to end of May. To put the bearish downturn into perspective, XMR traded as high as $204 on 1 June, its highest level so far this month. It dropped as low as $111.20 within the last 24 hours at press time, which equates to a roughly 44% crash in two… Source link

Bitcoin continued its slide overnight, with the leading cryptocurrency by market cap slipping to a new 52-week low of $20,184, according to data from CoinMarketCap. The top cryptocurrency has lost a third of its value over the past week amid rising inflation rates and an anticipated rate hike from the U.S. Federal Reserve. The market capitalization of Bitcoin has tumbled from $1.27 trillion in November 2021 to under $386 billion today. Ethereum (ETH), the second-largest cryptocurrency, is… Source link

Text size Crypto prices have suffered severe declines in recent days, outpacing the selloff in stocks. Dusan Zidar/Dreamstime … Source link