Over the course of this series of articles, we are going to look at the top blockchains in cryptocurrency, with a goal of helping you understand what they are, how they work, what they do, and what their pros and cons are. You’ll come out of this series not only with a better sense of what cryptocurrency is all about; you’ll understand why the way a token works — the way its blockchain processes transactions — is key to its success or failure as a digital asset. See also: PYMNTS… Source link

Privacy coins like Monero and ZCash witnessed a significant surge that was over a month high for both of them.  The reason for this surge can be Biden’s anticipated executive order on cryptocurrencies or Sanctions against Russia.  The Executive order would talk about crypto regulations, CBDCs, potential threats, etc.  The year 2022 was to witness regulations and taxations for the crypto industry, and it’s clear that these things make a significant impact on the prices of the asset… Source link

“Volatility” is the word of the month, and that is exactly what cryptocurrency investors saw today when Bitcoin (BTC) rallied after concerns over the Biden administration’s executive order on crypto turned out to be a “nothingburger.” Data from Cointelegraph Markets Pro and TradingView shows that, after trading near the $39,000 mark for the past few days, the price of Bitcoin spiked 10.42% to an intraday high of $42,606 as cautious traders flooded back into the market. BTC/USDT 1-day chart…. Source link

Stocks and cryptocurrencies saw a notable bounce on March 9 even though war, rising inflation and historically high oil prices have investors uncertain about the future. Bitcoin (BTC) price surged to $42,600 in the early trading hours and several altcoins followed suit with double-digit gains. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Monero… Source link

Litecoin’s (CRYPTO: LTC) price has increased 7.29% over the past 24 hours to $107.53, which is in the opposite direction of its trend over the past week, where it has experienced a 1.0% loss, moving from $110.07 to its current price. As it stands right now, the coin’s all-time high is $410.26. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger… Source link

Ethereum is a decentralized finance giant that has seen significant growth over the past few years, spurred on by events like “DeFi Summer” and the rise of nonfungible tokens (NFTs).  Ethereum’s popularity, however, may be leading to its downfall, as other protocols look to eat away at or completely consume its market position. Bitcoin and the birth of Ethereum Bitcoin (BTC) is the mother of all blockchains and was the first modern iteration of what is widely known today as… Source link

What happened  The cryptocurrency industry woke up to some good news on Wednesday morning after President Joe Biden signed an executive order to have regulators look into digital assets broadly. Rather than trying to ban them, the order indicates the White House is interested in sensible regulations that will spur innovation.  Bitcoin ( BTC -6.53% ) jumped as much as 10.4% over the last 24 hours as of noon ET on the news, Ethereum ( ETH -5.21% ) was up 8.1% at… Source link

Privacy coins, Zcash (ZEC) and Monero (XMR), have been outperforming larger cryptocurrencies in the last 24 hours. The sudden surge on the price of these cryptocurrencies seems to be responding to recent developments around the Russia-Ukraine conflict, and the signed of an executive order from the U.S. Joe Biden administration. Related Reading | Monero (XMR) Price Slides As Canada Includes Crypto In Emergencies Act At the time of writing, Zcash (ZEC) records a 11.7% profit trading at $142,… Source link

What happened It’s been another volatility-filled day in the world of cryptocurrencies. With most tokens seeing positive price action today, there are pockets of the crypto market that are outperforming their peers. One such space crypto investors have their eye on today is privacy coins. As of 11 a.m. ET, Monero ( XMR -9.66% ), Zcash ( ZEC 3.35% ), and Secret ( SCRT ) rocketed 15.9%, 11.7%, and 16.2%, respectively, over the past 24 hours. Privacy coins have… Source link

Gas fees on Ethereum are falling, and it’s currently at a six-month low, says Arcane Research. In its new report, the blockchain analytics company revealed that the seven-day average of Ethereum transaction fees had been the lowest since August 2021. A more cursory look at the data would show that it has been dropping since January. Ethereum gas fees are now as low as $15 One of the major complaints about Ethereum is its intrinsic high gas fees which tend to price out users. This has led to… Source link