ETH had seen a difficult weekend so far, unable to move away from the critical support at $2.5K. The overall crypto market sentiment is slightly bearish after Bitcoin got sharply rejected below $40K. Key Support levels: $2,560, $2,330 Key Resistance levels: $2,800, $3,000 Since ETH got rejected at the $3,000 resistance level, the price quickly dropped towards the key support at $2.5K. The latter was the daily low in the past three days – Friday, Saturday, and Sunday. So… Source link
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ETH Prepares for Rally, While BTC Seeks Support – Market Updates Bitcoin News
Bitcoin remained under the $40,000 level on Sunday, as bears continued to pressure cryptocurrency markets. This pressure also kept ethereum lower, with the world’s second-largest crypto hovering around its long-term support level. Bitcoin Sunday saw the price of bitcoin (BTC) trade lower for a fifth consecutive session, as it was unable to shake off recent bearish pressure. BTC/USD fell to an intraday low of $38,211.65 on Sunday, which was around $500 lower than its bottom to start… Source link
Read More »Monero Leads Altcoin Rally on Market with 9% Price Increase, As XRP Follows
Arman Shirinyan Monero suddenly gets first place in altcoin rally with an impressive price increase Private cryptocurrency Monero is leading the altcoin rally on the market with an approximately 9% price increase in the last 24 hours as more people return to the “old classic” tier of cryptocurrencies. XRP also follows the trend with a 4% price increase, according to CoinMarketCap. As the coin tracker suggests, Monero’s capitalization has faced a 5.5% increase in the last few hours in… Source link
Read More »Terra Is Now DeFi’s Network of Choice After Ethereum
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) Terra, the fast-growing DeFi tool kit built on Cosmos, is now officially the second-largest ecosystem in decentralized finance. According to data pulled from DeFi Llama, Terra currently boasts total value locked (TVL) of just over $23 billion, marking an all-time high in U.S. dollar terms. This is roughly twice as much as runners-up BNB Chain (formerly Binance Smart Chain) and Fantom. The king chain, Ethereum,… Source link
Read More »The Quick Guide to Mining Litecoin
If you’re into crypto, you’ll probably be aware of just how profitable mining can be. However, mining can also be time-consuming, energy-intensive, and a waste of money if not researched properly beforehand. So, if you’re specifically interested in mining Litecoin, check out the recommendations and tips below so that you’re in the know before getting started. What Is Litecoin? Before getting into the ins and outs of Litecoin mining, let’s quickly discuss… Source link
Read More »Bitcoin heading to 36K, analysis says amid warning global stocks ‘look expensive’
Bitcoin (BTC) headed lower into the weekly close on March 6 with geopolitical tensions and associated macro weakness firmly in focus. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Could 2022 bring a “Greater Depression”? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting its lowest levels in over a week Sunday after volatility returned overnight. The pair was in the process of testing $38,000 support at the time of writing, with three-day losses approaching… Source link
Read More »Bitcoin Price Rejected at $40K Ahead of the New Week
After falling by $6,000 in a few days, bitcoin tried its hand at $40,000 once again but to no avail. Most altcoins have stalled since yesterday with little-to-no movements, except for Monero, which has marked a sizeable price increase. Bitcoin Struggles Below $40K It’s safe to say that the past several days didn’t go well for the primary cryptocurrency. The asset had recovered all losses that came after Russia invaded Ukraine and even went towards new monthly highs. This… Source link
Read More »Ethereum Price Tumble, While Bitgert Price Up 115%
by Analytics Insight March 6, 2022 The gasless chain and the fastest chain are the two major reasons why Bitgert price is skyrocketing. The current bear market has affected almost all the major cryptocurrencies. Ethereum has been among the most hit. In fact, Ethereum is one of the few coins still in red for the drop experienced during the recent plunge. But when Ethereum’s price was tumbling, Bitgert price skyrocketed, with an impressive 115% increase. Bitgert has been the most… Source link
Read More »Terra, Avalanche and Osmosis lead the L1 recovery while Bitcoin searches for support
The layer-one (L1) ecosystem has received increased attention in recent months as users search for new investment opportunities in the Cosmos (ATOM), Fantom (FTM) and NEAR. Following January’s market sell-off, where Bitcoin (BTC) price dropped to bottom below $34,000, much of the L1 field has struggled to regain its momentum. Price performance of L1 tokens since Jan. 24. Source: Delphi Digital According to data from Delphi Digital, since the BTC bottom on Jan. 24, the only L1 to experience a… Source link
Read More »Litecoin (LTC), Low Volatility but Rising Saturday: Is it Time to Cash Out? – InvestorsObserver
Litecoin (LTC) has been relatively less volatile when compared to other cryptocurrencies. So far Saturday, the Digital Money has gained 0.88% to $104.85. InvestorsObserver is giving Litecoin a 15 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Low Volatility InvestorsObserver gives Litecoin a low volatility rank of 15, placing it in the bottom 15% of cryptos on the market. The… Source link
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