Text size Bitcoin prices fell below $40,000 late last Friday. Dreamstime Bitcoin … Source link

Bitcoin and ethereum have been highly volatile this year as risky assets sell off. Tammy Da Costa, an analyst at DailyFX, shared how each token should trade this year. Here’s why Tesla CEO Elon Musk’s plan to buy Twitter may also boost dogecoin. Choppy trading has defined the cryptocurrency market so far in 2022, and investors should expect more of the same for the… Source link

The global equity markets are a sea of red, with European stocks hovering at one-month lows and the futures tied to the S&P 500 nursing a 0.7% drop. Commodities also faced heavy losses, ending their recent resilience. Gold, a traditional safe haven and inflation hedge, fell nearly 1% to $1,917 per ounce. Source link

Quantitatives/Unsplash The price of Monero (XMR) fell by about 10% three days after hitting a week-to-date high of around $290 on April 24. Still, multiple technical indicators indicate that the XMR/USD pair is prepared to resume its rise in the coming months. Falling wedge breakout ahead The price of XMR broke out of its “falling wedge” pattern in late March. It continued to rise in the later daily sessions, with increased volumes showing bullish sentiment among Monero traders. In… Source link

Ethereum is planning its next promotional stunt to attract more investors to it Ethereum became quite popular as one of the most popular cryptocurrencies, posing great competition to Bitcoin. At a time, when Bitcoin was the face and heart of the crypto market, Ethereum surged and became the second-largest cryptocurrency. When the world is busy adopting Bitcoin as its legal tender, Ethereum stands still being the second best, and probably soon to become the best. This increasing competition… Source link

Bitcoin and Ethereum traded below key psychological levels on Sunday evening as the global cryptocurrency market cap fell 1.1% to $1.82 trillion. ​​ Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin BTC/USD -1.6% -1.8% $39,016.12 Ethereum ETH/USD -2.2%% -3.8% $2,879.18 Dogecoin DOGE/USD -5.05% -8.6% $0.13 Top 24-Hour Gainers (Data via CoinMarketCap)

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc.2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. As foreseen in the previous article, the 13 April break from its reversal pattern led Litecoin (LTC) to test the $114-zone over the last week. Still constricted by the shackles of its 20 EMA (red), LTC dived to retest its two-month trendline support (green). A likely repetition of its historical tendencies would expose LTC to a reversal towards the $110-$112… Source link

Bitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second (EH/s) on Saturday, April 23 at block height 733,197. Currently, the computational power is coasting along at 233.81 EH/s with a network difficulty change expected three days from now on April 27. Bitcoin’s Hashrate Records an All-Time High, Hashpower Increased 55% Higher Since January The processing power that confirms transactions and secures the Bitcoin (BTC) network has reached an… Source link