Yearly Archives: 2022

Trader gives $44K BTC price target as Bitcoin shrugs off executive order ‘nothingburger’

Bitcoin (BTC) held onto swift gains at the Wall Street open on March 9 as nerves over U.S. regulatory moves calmed.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Executive order enters with a whimper Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $42,000 into the start of trading on March 9. The pair had shrugged off the latest round of macro tensions to add over 11% in 24 hours, among the best movers in the broader crypto market. Despite mixed… Source link

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Price Spikes Steeply By DailyCoin

Monero (XMR) in Demand Again: Price Spikes Steeply Monero (XMR) has been on a downtrend since August. But over the past 24-hours, the privacy coin showed strong signs of recovery. The price of Monero (XMR) jumped from $169.39 to $206.51 early on Wednesday morning, recording a steep spike of 22% in less than 6 hours. This is the highest point XMR has reached since the end of January, and now means that Monero is up by 52% since its lowest point of $135.33 this year, which happens to… Source link

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Ethereum Fees Drop To A 7-Month Low: Here’s Why – Ethereum – United States Dollar ($ETH)

The average transaction fees on the Ethereum (CRYPTO: ETH) have fallen to a seven-month low, according to recent on-chain data. What Happened: A new report from blockchain analytics firm Arcane Research finds that the seven-day average for Ethereum transaction fees is at the lowest rate since August. According to data from Y Charts, the average transaction fee fell to a low of $1.7 on Monday. The average ETH transaction fees are currently 82% lower than they were at the same… Source link

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Monero (XMR) Spikes with Some Ease As Privacy Coins Surges

Monero was an instant hit back in 2014 because of its emphasis on adding anonymity to the existing blockchain networks. Launched in 2014, XMR has evolved a lot with increased concerns about agencies tracking the transactions made in digital currencies. This key advantage of XMR being obscuring of both sender and receiver of this coin, which is the unique proposition Monero added to the currently developed blockchain networks. While Bitcoin in circulation carries its serial number, allowing… Source link

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ETH Rises with Broader Market as Ethereum Fees Hit a 7-Month Low

Source: AdobeStock / Mahoa Creative   Ethereum (ETH)‘s price went up today along with most other cryptoassets after what has been a month of sluggish performance against bitcoin (BTC), and a prolonged period of falling interest in decentralized finance (DeFi) and non-fungible tokens (NFTs). As of Wednesday at 12:55 UTC, ETH traded at USD 2,750, up 6.9% for the past 24 hours and down 7.6% for the past 7 days. And although today’s… Source link

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Should You Invest About Ethereum in 2022

Blockchain Technology A quick technology review of Ethereum and their competition in the fast-paced cryptocurrency market By Jievani from Pexels What comes to your mind when you think of Ethereum? You might think revolutionary, game-changing, and the future of… Source link

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The Promise of 'Stateless Ethereum' – CoinDesk

As seen above, running a full node allows users to bypass third parties while interacting with Ethereum, but how could ordinary users spin up their own full node, especially as it will continue to become more memory and software intensive as Ethereum’s state grows? According to Ethereum developer Ben Edgington, you can fix this at the protocol level by making state storage somebody else’s problem. By introducing state providers, tasked with the core job of maintaining the history of… Source link

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Privacy Coins Monero, Zcash Lead Crypto Market Rebound

Top privacy coins like Monero and Zcash are surging in price today, with several of them posting overnight gains of 10 to 20%. The largest privacy coin Monero, which has a market capitalization of over $3.5 billion, shot up 18.8% in the last 24 hours and trades for around $195.43. Despite the rise, that’s still about 64% short of its former all-time high of $517, set back in May 2021, according to CoinMarketCap.  Zcash is up 17.6% today and trades for $131.87 at the time of writing. Like… Source link

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Profit Booking in Bitcoin, Ether After Biden Issues Crypto Order – CoinDesk

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

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