Place/Date: – May 6th, 2022 at 8:15 pm UTC · 3 min read Source: FIREPIN (FRPN) FIREPIN (FRPN), Monero (XMR), and Stellar (XLM) could deliver huge gains in the long term and can be bought in 2022 as they are set to declare new updates that strengthen their ecosystem. All three coins possess unique utility that makes them strong bets for 2022. The FIREPIN ecosystem will house an NFT marketplace and metaverse while Stellar and Monero are also coming up with huge updates and announcements in… Source link
Read More »Yearly Archives: 2022
Robinhood Adds Grayscale Bitcoin and Ethereum Trusts
For years, trading app Robinhood listed just a handful of cryptocurrencies. Over the past month, it’s brought that number to 11, and it’s now also making available two equities assets tied to the price of crypto. As of today, Robinhood users can buy and sell Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE) via the app. GBTC and ETHE are investment products that trade like a stock and allow investors to get exposure to the price of Bitcoin and Ethereum, respectively, without… Source link
Read More »Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Shakeouts, Fakeouts, Hopes & Dreams – FXStreet
Bitcoin price trades sideways after brief acquaintance with $35,750 Ethereum price slides below the monthly trend line at $2,700 XRP price rests at $.60, displaying hopeful signs Bitcoin price is still macro bullish Bitcoin price currently trades at $36,000 after Thursday’s jaw-dropping sell-off. April saw four sell-offs which were all quickly reversed in a matter of hours. For the first time, the Bitcoin price is resting post-sell-off. Traders hoping for another fakeout spike to the… Source link
Read More »Litecoin Reveals Rollout Date For MimbleWimble, Will LTC See Relief?
Litecoin major update MimbleWimble (MWEB) has been approved by a majority of the nodes and locked in for activation. This process will be completed in the next two weeks, at the height of block 2 million, or May 19th, according to David Burkett, lead MWEB developer. Related Reading | Bitcoin Collapses By Most In Nearly A Month – Its Golden Days Are Over? Burkett confirmed that users with the updated version (0.21.2) of the software will be able to start transacting with MWEB… Source link
Read More »Ethereum (ETH): Liquidity Driven Death Spiral
znm/iStock Editorial via Getty Images With the US 30Y Bond yield above 3%, cryptocurrencies are now in a bear market similar to 2018. From a fundamental perspective, our outlook is as follows: As interest rates increase, access to cash becomes harder With no ability to raise cash, small tech firms (i.e., tokens on the ETH blockchain) start to fail As a result, demand for Ethereum (ETH-USD) lessens Repeat ETH vs US 30Y [5/4/22] (TradingView) High interest rates are very bearish for… Source link
Read More »Litecoin Founder Adds Shiba Dog to His Twitter Background Image, Praising Dogecoin
Yuri Molchan Charlie Lee has added DOGE symbol to his Twitter picture after tweeting that he would consider doing so Contents LTC founder adds Shiba Inu on Twitter LTC, DOGE in decline, hit by Bitcoin’s massive drop The Twitter background picture of LTC founder Charlie Lee now has a Shiba Inu dog on it. But it is not dedicated to the second biggest meme coin of the same name. Lee added it to show respect for Dogecoin and its mining community. LTC founder adds Shiba Inu on… Source link
Read More »Understanding the Emergence of Different Types of Cryptocurrencies
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists. 1. Mushe (XMU) – seeking to make crypto more accessible Mushe (XMU) is a new cryptocurrency aiming at making crypto more accessible and easy and tackling one of the main issues of existing financial services, namely their unfriendly user interfaces and user experiences. Mushe’s (XMU) team is successfully developing an… Source link
Read More »3 cryptos that could soon skyrocket in 2022: Monero (XMR), Cardano (ADA), and Logarithmic Finance (LOG)
Monero (XMR), Cardano (ADA), and Logarithmic Finance (LOG) could soon skyrocket and provide giant gains, as all 3 cryptos have been accumulated heavily by whales in the past few weeks. The Monero (XMR) network is soon scheduled for a hard fork that would increase security measures on the XMR blockchain, while Cardano (ADA) is improving its NFT marketplaces. Logarithmic Finance (LOG) is a new fundraising platform that will allow investors and project partners to utilise… Source link
Read More »Sell in May and Go Away?
Monero price has not been left behind in the ongoing cryptocurrency sell-off. The XMR token has dropped to a low of $200, which was the lowest level since March 26th. It has declined by more than 32% from the highest level in April, bringing its total market cap to about $3.2 billion. Cryptocurrency sell-off Monero has done better than most cryptocurrencies this year. For example, its price jumped from a low of $132.6 in February to $288 in April. This growth happened as the number of… Source link
Read More »Bitcoin Prices Drop to Near 2022 Lows. Why the Weekend Is Key for Cryptos.
Text size Bitcoin prices haven’t been this low since January. Dreamstime Bitcoin … Source link
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