Litecoin receives a low risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a coin can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk. InvestorsObserver is… Source link

Bitcoin (BTC) investors are famous for their ability to “hodl” through price dips, but new data sheds light on how long they may be prepared to continue. In a tweet on Jan. 16, on-chain analytics firm Glassnode noted that holder behavior currently mimics how Bitcoin behaves during the least extreme part of its price cycles. Reserve Risk: Bitcoin price ‘depressed,’ hodlers hodl on Referring to its Reserve Risk (R-Risk) metric, Glassnode argued that current buying and selling trends are… Source link

“We haven’t had a meaningful bounce since we broke below $40,000, just a slow grind up,” said Laurent Kssis, a director of crypto-trading advisory firm CEC Capital. “This doesn’t feel that great given no real support has been established, although, on the positive side, this structure is completely the norm for higher timeframe bottom formations.” Source link

Although the stock market has historically been one of the world’s greatest wealth creators, many well-known cryptocurrencies have run circles around the broad-market indexes in recent years. This includes the “Big Two” of the crypto community, Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH). Over the trailing five-year period, through Jan. 16, the benchmark S&P 500 was higher by 105%. By comparison, Bitcoin and Ethereum had rocketed to respective… Source link

by Analytics Insight January 27, 2022 This article features the latest updates on cryptocurrencies like Bitgert, Centcex, and more. Today, 27th Jan looks like it will be a day that cryptocurrency prices might plummet. From late yesterday, Bitcoin prices started crashing, and all the major cryptocurrencies have been on a downward trend for the better part of today. In fact, all the largest cryptocurrencies were red at the time of this writing. But what are the major updates from the best… Source link

Bitcoin has mirrored the sharp fluctuations in traditional markets this year, highlighting the tightening link between cryptocurrencies and mainstream financial assets as more professional traders enter the digital finance arena. The world’s biggest cryptocurrency is increasingly tracking the movements of assets that exert influence across other global markets. Correlations with US tech stocks, crude oil and government bonds have all risen significantly over the past two years,… Source link

It is not uncommon to see people ask about the use case of Ethereum. Everyone wants to know what they can do with the crypto before delving into it. If that is also one of the questions in your mind about Ethereum, you are welcome to read this post for the answer you seek. Ethereum is a blockchain platform that allows anyone and everyone to build decentralized applications on it. And that is one unique feature of the blockchain. The Ethereum platform is fueled by Ether, which… Source link

The dire predictions calling for the onset of an extended bear market may have been premature as prices appear to be in recovery mode on Jan. 26 following a signal from the U.S. Federal Reserve that interest rates will remain near 0% for the time being.  After the Fed announcement from, prices across the cryptocurrency market began to rise with Bitcoin (BTC) up 4.11% and making a strong push for $39,000. This sparked a wave of momentum that helped to lift a majority of tokens in the market,… Source link

The decline has stalled once again in the crypto market, after the bearish momentum we saw last week and earlier this week. This has been a major retreat but it might be over now, after Bitcoin and Ethereum lost more than half their value and other cryptos have reached some major support zones. Litecoin and Terra LUNA have found support and are giving signs that they might turn bullish, so let’s see what’s going on with them. The 100 SMA Holds As Support for Terra LUNA Terra LUNA is one of… Source link

Source: Adobe/PixieMe   With inflation well above 2% and a strong labor market, the US Federal Reserve (Fed) said it expects it will soon be appropriate to raise the target range for the federal funds rate. The Fed also decided to continue to reduce the monthly pace of its net asset purchases, bringing them to an end in early March. (This article is being constantly updated.) Notably, the new statement omitted some key details that… Source link