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

Bitcoin (BTC) broadly held levels at $44,000 and above on Feb. 16 amid fresh optimism that another macro low would be avoided.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView OBV sparks 2021 recovery comparisons Data from Cointelegraph Markets Pro and TradingView showed BTC/USD rebounding after an overnight dip to $43,725 on Bitstamp. In a tightening range, the pair looked increasingly primed for a breakout up or down Wednesday, as support and resistance levels stayed within a… Source link

New data reveals that the Ethereum network gained 18.36 million addresses with a balance greater than zero in 2021. That works out to an astonishing growth rate of 1.53 million new addresses per month, but competition is becoming increasingly fierce for market share. Blockchain intelligence firm IntoTheBlock shared its findings about Ethereum in a Feb. 15 tweet. #Ethereum users growth in a nutshell A good way to track the adoption is by following the number of addresses with a balance – There… Source link

Yet, Seth Ginns, managing partner and head of liquid investments at crypto investment firm CoinFund, struck an optimistic note for crypto during a discussion on CoinDesk TV’s “First Mover” show. Ginns noted that the Fed had proceeded cautiously after a stronger-than-expected jobs report earlier this month and that crypto markets on Tuesday “shrugged off” the high PPI number. “Things are not slowing as much as expected, which meant there’s no reason to think that the Fed is going to be data… Source link

As Bitcoin poked the $44,000-mark over the past day, Avalanche moved above its 20-50-200 SMA while eyeing at the $91-level. Also, Dogecoin bulls stepped in to defend the $0.143-mark as the buyers kept exerting pressure. Additionally, Litecoin also reclaimed the $128-support. The near-term technicals of these cryptos depicted increasing buying pressure. However, the Crypto fear and greed index failed to show any improvements in the last 24 hours. Avalanche (AVAX) Source: TradingView,… Source link

Bitcoin price action begins a move that will confirm a new bull market. Ethereum price rises above key Volume Profile and Ichimoku resistance. XRP price achieves bullish Ichimoku breakout conditions. Bitcoin price sees bulls swallow up the entire trading range of the past eight days. Ethereum price hits $3,000 and extends the intraday bull rally above $3,100. XRP price prepares for launch to hit $1.00. Bitcoin price readies for spike towards $50,000 Bitcoin price… Source link

With all of the talk about crypto and NFTs, you probably get that not all cryptocurrencies are created equal. But, what makes a cryptocurrency different? There are actually different standards for coins that do different things on the same blockchain. In the case of Ethereum, the blockchain that most decentralized applications and cryptocurrency projects are built on, these different standards are called “ERCs.” But, what is an Ethereum ERC, and why does it matter? What Are… Source link

What happened Today, the three top cryptocurrencies by market capitalization (excluding stablecoins), Ethereum (CRYPTO:ETH), Bitcoin (CRYPTO:BTC) and Binance Coin (CRYPTO:BNB), are seeing a nice rebound alongside risk equities. As of 11:20 a.m. ET, these tokens have surged 6.2%, 3.5%, and 6.7%, respectively, over the past 24 hours. This recovery in crypto markets appears to mainly be shaped by relief over recent geopolitical concerns coming out… Source link

Litecoin (LTC) gets a neutral rating from InvestorsObserver Tuesday. The coin is up 3.72% to $131.04 while the broader crypto market is up 3.79%. Litecoin has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Neutral Over the last five days, Litecoin has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Litecoin… Source link

Cryptocurrencies have been uncertain recently, after the 3-month decline and the reversal toward the end of January. They seem to be waiting for crypto-related news to get them going and it seems like they might be getting that. We heard rumours that BlackRock, the world’s largest asset manager, is planning to offer trading cryptocurrencies to its clients. Cryptocurrencies have turned bullish again in the last few hours. This is great news since BlackRock is a $10 trillion investment firm… Source link