Text size War appears to be boosting Bitcoin and other cryptocurrencies. Dreamstime War in Europe appears to… Source link
Read More »Yearly Archives: 2022
Monero (XMR) Receives a Bullish Rating Friday: Is it Time to Get on Board? – InvestorsObserver
Monero (XMR) gets a bullish rating from InvestorsObserver Friday. The Digital Money asset is up 0.27% to $176.88 while the broader crypto market is down 3.54%. Monero has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Bullish Over the last five days, Monero has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of… Source link
Read More »Bitcoin Slips Under $42K While Active Supply Reaches Yearly High – CoinDesk
“The momentum of pressure on the crypto market was due to the decline in stock indices, as the Fed gave signals of tightening policy,” Kuptsikevich said. “Technical factors also contributed to the negative dynamics – the inability to overcome the strong resistance of the 100-day moving average and mid-February highs around $45,000.” Source link
Read More »Why Bitcoin’s Neutrality Is Its Greatest Humanitarian Asset – Op-Ed Bitcoin News
Decentralized networks such as Bitcoin’s don’t know national allegiance, they only know math. And when you’re trying to get your savings out of an ATM, or send a payment to relatives in a war-torn environment, someone else’s politics is the last thing you want standing in the way of you and your loved ones’ well-being — regardless of what colors may be on the flag waving above your head. The Human Cost of Sanctions There are no winners in war. Bankers and politicians… Source link
Read More »Bitcoin returns to test $40K as macro factors pile up to squash BTC bulls
Bitcoin (BTC) bended to new macro pressures on March 4 after bulls failed to hold $42,000 for long. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Europe stocks sink on Friday open Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching lows of $40,800 on Bitstamp Friday after a major options expiry event. Overnight performance, initially showing a recovery, had been stymied by worries over a nuclear power plant fire in Ukraine. Stocks futures fell on the news,… Source link
Read More »LUNA flips Ethereum becoming second largest network for staked value
According to data from Staking Rewards, Terra (LUNA) has flipped Ethereum (ETH) in terms of staked value, with $29.5 billion worth of LUNA locked up compared to Ether’s $25.9 billion. The platform’s data shows that there are currently 226,325 LUNA stakers, making it the second most staked crypto asset with more than four times the number of those staking ETH at 54,768. Solana leads the staking charts with $35 billion in staked value. In terms of annual staking rewards, LUNA is estimated… Source link
Read More »Ethereum price finally topped $3K, but data suggests a reversal is nowhere in sight
There is an old saying in traditional markets which is actually more like a trading rule. It goes, “when the trend is negative, one can only be neutral or short,” meaning bet on the price decrease. The problem is that a relief bounce tricks traders into believing that the negative prevailing sentiment has shifted into a buyers’ market. For example, after analyzing Ether’s (ETH) price chart, one might conclude that after a 41% crash, a bull run should be ignited sooner rather than later…. Source link
Read More »Ethereum price consolidates near $2.8K as analysts say bulls prepare for a push higher
Choppy market conditions dominated the cryptocurrency landscape on March 3 as the global economy continues to face challenges on multiple fronts and uncertainty about the future weighs heavily on asset prices. Data from Cointelegraph Markets Pro and TradingView shows that the gains made by Ether (ETH) on March 2 were nullified in trading on March 3 as the price drifted from March 2’s high of $3,044 to a daily low of $2,784, reflecting an overall decline of 8.5%. ETH/USDT 1-day chart…. Source link
Read More »Why Ethereum, Solana, and Cardano Dropped Today
What happened After an impressive few weeks, the value of cryptocurrencies fell sharply on Thursday. The biggest market news was Federal Reserve chair Jerome Powell saying that he expected to support a short-term interest rate increase at March’s Fed meeting, which some investors may have thought was currently off the table. At 12:50 p.m. ET, Ethereum ( ETH -3.37% ) had fallen 5% in the last 24 hours, Solana ( SOL -2.83% ) was down 7.6%, and Cardano ( ADA -2.03% ) was… Source link
Read More »Bitcoin Takes a Breather; Support at $37K-$40K – 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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