Text size Bitcoin miners run vast troves of computers in a race to process blocks of transactions, earning fees and rewards in Bitcoin. Dreamstime … Source link

Privacy coin Monero (XMR) usually spends its time in the shadows, which is exactly the way its community likes it. Till date, it is still impossible to penetrate the privacy that the digital asset offers, making it the go-to choice for investors who are trying to keep their crypto transactions and holdings a secret. Recently though, the cryptocurrency is breaking out onto the radars of more investors as it shatters an important milestone. As more crypto users are discovering their… Source link

Following a strong weekend, bitcoin’s surge continued to start the week, as Tesla announced close to $2 billion worth of holdings in BTC. Overall, crypto markets were around 3% higher on Monday. Bitcoin Bitcoin, which consolidated for the majority of last week, moved closer to a three-week high today, climbing by as much as 3% as of writing. BTC/USD rose to an intraday high above $43,500.00 during Monday’s session, as markets reacted to the news that Tesla currently holds $1.9… Source link

Text size Bitcoin prices have risen above its 50-day moving average for the first time in two months. Dreamstime … Source link

Solana Community Says Why Bitgert Can Be a Competitor, Cardano, Litecoin, Centcex, Matic, Avalanche Price Skyrocketing by Analytics Insight February 7, 2022 The growth of a crypto project is determined by several factors, but the competitiveness in the industry is the biggest one. With so many cryptocurrencies in the market, a new crypto project needs to provide utilities that will challenge the established ones to grow faster. That’s what Bitgert is doing. It has been said to be the… Source link

“It is worth noting that the Nonfarm Payrolls can force the Fed to move faster to tighten monetary policy,” Alex Kuptsikevich, a senior financial analyst at FxPro, wrote in an email to CoinDesk. “If cryptocurrencies manage to resist and continue to grow, this will be a serious trend reversal order. Just like on Friday, when investors decided to buy BTC in order to protect investments from inflation.” Source link

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

LTC has lost more than half of its value in the past few months, despite the most recent market price increases. Its blockchain hash rate, on the other hand, has been on a steady uptrend depicting the resilience of network participants in the face of tremendous volatility in the broader market. Litecoin Hash Rate on the Path to Recovery According to data from BitInfoCharts, Litecoin’s mining hash rate increased to 397 Th/s on February 1st. The last time the figures were… Source link

Source: CoinMarketCap Over the past couple of years, the crypto industry has been able to dominate the entire global payment system and has had a surge in its overall growth and popularity recently. Not just that, the crypto world has successfully managed to make a name for itself in the global marketplace and has marketed its presence worldwide, thus helping it to reach greater heights! Having said that, I believe, most of you are already familiar with the basics of the industry but, if for… Source link

Bitcoin (BTC) is in a fighting mood this week as the weekly close buoys bulls’ cause and wipes out several weeks of downside — can it continue higher? After challenging $42,000 over the weekend, there was a cautious sense of optimism as higher levels remained in play. Sunday saw a fresh push, with overnight progress attacking $43,000 before fresh consolidation. With Monday’s Wall Street open primed to deliver more of the turbulence in big tech stocks seen late last week, the environment for… Source link