advertisement US banking giant JPMorgan threw cold water on the two largest cryptocurrencies in a note sent out to clients this week.  Bitcoin’s volatility will be the biggest factor in obstructing widespread institutional adoption, the bank said. Ethereum’s challenges include its waning dominance in the decentralized finance (DeFi) space as alternative blockchains like Solana gain traction.  The JPMorgan analysts compared the volatilities of bitcoin and gold, noting that bitcoin… Source link

Litecoin price rallied in mid-January 2022 as crypto whales accumulated the altcoin. Data released about three weeks ago by Santiment, a cryptocurrency analytics company, showed that this class of investors had triggered a 15-week accumulation pattern. Notably, this was the longest streak since 2017. In a tweet posted on 12th January, the firm noted that in a span of 15 weeks, those holding between 10,000 and 1 million LTC had increased their holdings by 5% of the altcoin’s supply…. Source link

Litecoin (LTC) gets a neutral rating from InvestorsObserver Monday. The coin is down 3.95% to $106.59 while the broader crypto market is down 1.94%. 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… Source link

by Analytics Insight January 31, 2022 Here is the latest news for some of the top best cryptocurrencies like Solana, Bitgert, Centcex, and more. The crypto market has been very volatile this month, with most cryptocurrencies losing a significant percentage of their value this month. Still, the last day of the month is not looking good for the crypto industry as most of the cryptocurrencies are plunging. All large cryptocurrencies are red this morning. But there are also many developments… 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

WindAwake/Shutterstock.com The next major revision of the Ethereum crypto network, often called “ETH 2.0,” promises to address some of its biggest criticisms, from high GPU prices to environmental pollution. Let’s take a look at the proposed changes and what they might mean for the future of crypto. What Is Ethereum 2.0, and When Will It Arrive? Ethereum 2.0 is a commonly-used term that usually represents Ethereum’s the highly-anticipated switchover from proof-of-work to… Source link

Image source: Getty Images The king of cryptos is down almost 40% since November. Key points Bitcoin’s price was driven down by wider economic factors, issues with mining in Kazakhstan, and questions over its value as an inflation hedge. If you’re considering buying Bitcoin, you need to consider… Source link

Ethereum’s native token Ether (ETH) will extend its 30% slump this year to the lowest price level since July 2021, if a textbook technical indicator plays out. Ethereum chart paints bearish pattern ETH’s price fell to its six-month low of $2,159 on Jan. 24, 2022, only to rebound sharply to as high as $2,724 days later. However, this created a so-called “bear flag” chart pattern that suggests the price could drop to $2,000 or a 17% drop from current levels. A bear flag appears on the chart when… Source link

Estimating the fair value of cryptocurrencies is difficult as they trade in a speculative manner, helped by the large availability of U.S. dollars and central bank liquidity, the bank’s head of cryptocurrency research, Sheena Shah, wrote in the report published last week. Source link

Check out what’s clicking on FoxBusiness.com. Bitcoin was struggling early Monday morning following a downtrend last week with blame clearly landing on Fed plans to raise interest rates in March. The cryptocurrency was trading just above $37,200 (-2.23%) overnight. Rivals Ethereum and Dogecoin were also down, with Ethereum trading at $2,530 (-2.96%) and Dogecoin trading at 13.7 cents, down 3.83%, Coindesk reported. Bitcoin’s monthly moving average convergence divergence (MACD)… Source link