Bitcoin price is likely to collapse as smart money has trapped longs.  Ethereum price action shows concerning sell signals. XRP price action is most optimistic, the invalidation levels are vital. The cryptocurrency market is in an unfortunate spot. Traders may have been enticed to jump the gun following Monday’s rally, which played right into smart money’s game plan as they are still in control of the downtrend. Bitcoin, Ethereum and XRP price could experience… Source link

“It creates demand for UST by arbitrageurs who can buy UST at, say, $0.97 and convert it for BTC at $0.98,” said Jordi Alexander, chief investment officer of Selini Capital. “This should create a more hard floor at $0.98 and prevent a cataclysmic redemption flow into LUNA because at that point, say, UST was going to $0.97, people would arbitrage the price back up.” Source link

Bitcoin (BTC) faced selling pressure at the Wall Street open on April 22 as markets began a rerun of April 21’s losses. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No let-up for stocks or crypto as losses mount Data from Cointelegraph Markets Pro and TradingView showed BTC/USD following a grimly familiar course on April 22, hitting lows of $39,197 on Bitstamp. The previous day had cost bulls $40,000 support, a level tha had yet to cement itself as a meaningful line in the sand… Source link

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Monero outscored its competitors by simply offering the users what they required, a privacy-focused transaction system with subsequently lower transaction fees. Hiding their essential data from the system allows greater confidence in the currency for the future that can neither be tracked nor linked with others offering a higher vote of confidence. At present, XMR ranks 29th in terms of market capitalization, which is assessed to be closer to $5 billion in overall assets.  The privacy of… Source link

Arman Shirinyan While Monero rallies for the last 2 months, miners are getting ready for a fundamental update Contents What’s Tail Emission?  Can it potentially affect the price? The Monero (XMR) miners’ community is getting ready for the fundamental update that will be activated in May, which is considered one of the most important changes in the network in the last few years. What’s Tail Emission?  Monero’s key feature is the fact that rewards for mined blocks are never going to drop… Source link

Put Your Money on the Big Run with Ethereum (ETH), Litecoin (LTC) and Quitriam Finance (QTM) by Analytics Insight April 22, 2022 It is a great opportunity to invest in one of the new exciting crypto projects Quitriam Finance (QTM). Cryptocurrencies are constantly developing and upgrading their system features to provide better results for investors and innovators. With growing competition of new coins continuously joining the crypto market, it is essential for all promising crypto… Source link

Cryptocurrency and blockchain startups have raised a whopping $11.65 billion in venture funding, according to the latest figures reported by the world-leading analysts.  According to this record-breaking pattern of profit growth, the cryptocurrency business will surpass all previous records for capital accumulation throughout 2022 and earn its investors millions in profits. Monero (XMR), Bitcoin (BTC), and Calyx Token (CLX) appear on the file for the most rewarding cryptos to hold long-term… Source link

by Analytics Insight April 22, 2022 Crypto investors lookout for the most potential cryptocurrency with Litecoin or Bitgert To make good returns from your crypto investment, you must invest in the most potent crypto coin. The best coin to buy must have the potential to grow several folds. For Litecoin, MATIC, and Bitgert (BRISE), which one has the largest potential to explode several folds? Well, Litecoin and MATIC are two of the largest cryptocurrencies right now. Most of these… Source link

Bitcoin (BTC) price flashed bullish for a brief moment, possibly tricking some traders into opening longs, before plunging back below $40,000 in evening trading hours. Let’s take a quick look at what traders think about the current price action and whether or not today’s brief break out was nothing more than test of overhead resistance. BTC/USDT 1-day chart. Source: TradingView Resistance remains at key moving averages Analysis of Bitcoin’s weekly price action was discussed by crypto trader… Source link