Yearly Archives: 2022

Monero (XMR) has a Very Bullish Sentiment Score, is Rising, and Underperforming the Crypto Market Tuesday: What’s Next?

Monero (XMR) gets a very bullish rating from InvestorsObserver Tuesday. The crypto is up 6.16% to $226.45 while the broader crypto market is up 1.04%. Monero has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Very Bullish Over the last five days, Monero has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the… Source link

Read More »

If LTC Drops Below $116, Run

Litecoin price has staggered as the spectacular cryptocurrency rally takes a breather in the past few days. The LTC has fallen sharply even as on-chain data shows that activity remains strong in its network. It is trading at $122, about 9% below its highest point last week. This performance mirrors that of Bitcoin and other coins. Litecoin staged a strong recovery in the past few weeks. At the time, it managed to rise by about 35% from its lowest level this… Source link

Read More »

How Ethereum price can enter buy zone before exploding to $10,000

Ethereum price has moved above the 200-day SMA, hinting at a bullish outlook. On-chain metrics for ETH are expressing extreme bullishness, adding credence to the technical scenario. Despite the overreaching optimism, there are two ‘buy-the-dip’ levels that investors need to keep a close eye on. Ethereum price shows signs of moving higher after crossing above a crucial resistance barrier. On-chain metrics also reveal a bullish outlook, adding credence to the… Source link

Read More »

Biggest future BTC whale explains why Bitcoin was chosen for ‘decentralized Forex reserve’

Bitcoin (BTC) is the collateral asset of choice for the world‘s biggest decentralized stablecoin, and one of its top executives says there was no other. Speaking to Bloomberg on Monday, Do Kwon, co-founder of Blockchain protocol Terra, pledged to continue buying BTC to back the firm‘s stablecoin, TerraUSD (UST). Kwon: BTC buys will continue “in perpetuity” Terra has made waves inside and outside the crypto community in recent weeks thanks to its massive Bitcoin buys. Currently at just… Source link

Read More »

Bitcoin retail FOMO spikes most since 2017 but BTC price may still be ‘doomed’ — analyst

Bitcoin (BTC) is seeing what looks like panic buying by retail investors, fresh data shows — but all might not be as it seems. In a tweet on April 4, William Clemente, lead insights analyst at Blockware, revealed a large spike in the BTC supply owned by smaller hodlers. 2022 retail FOMO spike “an outlier” Typically referred to as “retail,” entities with 1 BTC or less are considered to be mainstream consumers rather than corporate or institutional investors. According to figures from… Source link

Read More »

Attempts to scaling Ethereum in 3 different ways

A recent article on the ongoing topic of scaling Ethereum has hit the presses from Vantica Trading, itself a Cardano blockchain publication and NFT marketing site1. Although the site is more of a digital currency market news and blog aggregation site, the article does do an excellent job of summarizing the three main strategies that many projects in the Ethereum ecosystem take to address ETH scaling issues, (and conveniently provides market information and trading tickers for the… Source link

Read More »

Signs of Bitcoin accumulation suggest BTC’s dip to $45K will be short-lived

The cryptocurrency market rally that began on April 1 ran into tough resistance on April 4, sparking a market-wide pullback during the afternoon session after exhausted bulls were overwhelmed by bears who managed to push Bitcoin (BTC) below $45,200.  Data from Cointelegraph Markets Pro and TradingView shows that once the afternoon sell-off broke below support at $46,000, the price of BTC hit a daily low of $45,133 before buyers emerged to bid it back above $45,700. BTC/USDT 1-day chart…. Source link

Read More »

Can Seesaw Protocol (SSW) rock the Crypto World like Ethereum (ETH) and Tron (TRX)

Can Seesaw Protocol (SSW) rock the Crypto World like Ethereum (ETH) and Tron (TRX) by Analytics Insight April 4, 2022 Seesaw Protocol holders earn a 3% bonus on each transaction confirmed on the blockchain. Throughout its presale, Seesaw Protocol (SSW) has garnered attention for not only its rapid rise in popularity but its ambitions to do good within the cryptocurrency industry. Like Ethereum (ETH) and Tron (TRX), Seesaw has plans to positively affect crypto users and enhance their user… Source link

Read More »