Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has retaken the $30,000 level after a bout of volatility over the weekend.  The leading crypto trades around $30,408, up roughly 1.7% over the past 24 hours. Despite this minor recovery, Bitcoin is still 55.76% down from its all-time high of $68,789 in November last year, according to data from CoinMarketCap. Investor interest in the asset has also picked up, with Bitcoin’s global trading volume up 20% to $ 24.36… Source link

advertisement Bithumb and Upbit, two of Korea’s Big Four crypto exchanges that account for the majority of trading volume, have issued investment warnings about litecoin following an update that allows transactions to be sent confidentially.  Litecoin’s activation of privacy-focused technology Mimblewimble brings a “confidential transaction” ability to the Litecoin blockchain, enabling users to send tokens while hiding transaction information, Bithumb said in a post on Monday. Upbit also… Source link

Litecoin (LTC) gets a bullish rating from InvestorsObserver Monday. The coin is up 2.32% to $73.28 while the broader crypto market is up 2.09%. Litecoin has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Bullish Over the last five days, Litecoin has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Litecoin… Source link

Arman Shirinyan Litecoin’s future on centralized exchanges looks shady with implementation of new technology With the introduction of the MWEB Litecoin update, the cryptocurrency becomes more private and focuses more on its on-chain security. While most cryptocurrency investors are welcoming the update, centralized and regulated cryptocurrency exchanges in countries like South Korea may initiate the delisting process due to potential legal issues. The main issue with the new update,… Source link

Tail emission is basically the algorithm to be initiated by Monero (XMR), which will prevent block rewards from getting to zero. Monero is a cryptocurrency focused on privacy, allowing folks to initiate transactions anonymously. As of this writing, XMR, native crypto asset of Monero, was trading at a market value of $192.74, bullish by 10.91% during the past 24 hours. Tail Emission On Monero Comes Closer Let’s get into the basics of what Tail Emission is? To keep it precise, it is a process… Source link

Ethereum difficulty bomb is set to explode in August according to Justin Drake, ETH Merge could be delayed. Ethereum co-founder Vitalik Buterin expressed a strong desire to complete the merge in August 2022.  Buterin believes problems that arise during the test on Ropsten on June 8 will be critical to the merge timeline.  Ethereum’s difficulty bomb is scheduled to explode in August 2022 and slow down the ETH blockchain. Vitalik Buterin, the co-founder of the… Source link

Monero price has made a spectacular recovery as investors buy the dip after this month’s sell-off. The XMR token is trading at $193.14, which is about 68% above the lowest level this month. It is now trading at the highest level since May 9th, bringing its total market cap to over $3.50 billion. Why is XMR recovering? Monero is one of the biggest privacy tokens in the world. It is a blockchain platform that solves a challenge that exists among most coins like Bitcoin. The fact that Bitcoin… Source link

Bitcoin (BTC) is off to a better start than most this week as bulls avoid serious losses into the weekly close. Still heavily tied to declining stock markets, the largest cryptocurrency is nonetheless defending $30,000 on May 23 and eyeing the top of its post-LUNA trading range. While there are no signs of an impending miracle price recovery, some are hoping that upside will feature before any form of reversion to a downtrend. Macro conditions remain tenuous — and the week of the World… Source link

The long-awaited Ethereum transition to proof-of-stake (PoS) has been pushed back again and again. According to the latest reports, the date has finally been fixed to August, this year. Ethereum Co-Founder Vitalik Buterin recently attended the ETH Shanghai Web 3.0 Developer Summit. In that particular event, he mentioned that the PoS transition is scheduled to go live on Ethereum’s testnet Ropsten on June 8, next month. Preston Van Loon, a core developer of the… Source link

Bitcoin (BTC) has declined by more than 55% six months after it reached its record high of $69,000 in November 2021. The massive drop has left investors in a predicament about whether they should buy Bitcoin when it is cheaper, around $30,000, or wait for another market selloff. The more you look at prior $BTC price history the more one can think it’s not the bottom After 190 days from the all-time high, Bitcoin still had another 150 to 200 days until it hit bottom last couple of cycles (red… Source link