Bearish Solana, Cardano, Matic, Avalanche, Litecoin, While Bitgert & Centcex stays stable by Analytics Insight January 22, 2022 This article features the latest updates on the performance of cryptocurrencies like Solana and Cardano The crypto market has been very bearish by the end of the third week of 2022. After months of bullish growth, Bitcoin dropped back to a price last seen in July 2021. This is one of the biggest drops in a while. The crypto market, in general, has been hard hit… Source link

Cryptocurrencies in general are characterized by speculation, uncertainty, and extreme volatility. These traits can certainly scare away even the most experienced investors from dabbling in the burgeoning asset class. Even Bitcoin (CRYPTO:BTC), the world’s oldest and most developed cryptocurrency, is experiencing extreme price movements like a never-ending roller-coaster ride.  But based on my arguments below, I’ll prove that Bitcoin is… Source link

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Time” by OBOY. Image credit: Nuthawut Somsuk/iStock/Getty Images Plus, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8. Source link

by Analytics Insight January 22, 2022 This article features updates on cryptocurrencies like Avalanche, Matic, Litecoin, and more. The third week of 2022 is not ending on high as most investors would have expected. All the large cryptocurrencies are crashing fast, with Bitcoin hitting the lowest point since September 2021 to trade at $35,521 at the time of this writing. This has plunged the crypto market price, with most of the large cryptocurrencies now in the red. Here are today’s… Source link

Investors are becoming more bullish on cryptocurrency. In June 2021 a survey showed that 10% of U.S. adults were willing to invest in crypto assets, according to eMarketer. But that figure has more than doubled since then, reaching 24% in December 2021. Interestingly, the same report suggests that U.S. investors are less interested in traditional stocks, as the percentage of U.S. adults willing to invest in equity markets fell from 90% to 76% over the… Source link

The biggest bull case for Bitcoin ( BTC -3.92% ) right now centers on it becoming a digital version of gold. While cryptocurrency enthusiasts envision a world where digital assets have real utility in our daily lives, as things stand today, the most valuable cryptocurrency is just starting to scratch the surface as a legitimate store of value.  Institutions are beginning to allocate portions of their portfolios to Bitcoin, and corporations like Block and 

Source: Adobe/Luca Lorenzelli   A Japanese music site developer — who has been fighting the police in the country’s courts after he was fined for adding a widget that mines monero (XMR) to his website — has won his Supreme Court case against law enforcement agencies. The case dates back to late 2017, when the Yokohama-based Moroi Seiya (34) used a crypto miner Coinhive-developed app on his websites that made site visitors mine… Source link

What happened Capping a generally lousy week for cryptocurrencies, the U.S. dollar values of many altcoins took big hits on Friday. Few were spared, with both high-market cap tokens and the lower profile cryptos falling at double-digit rates. Among these were Fantom (CRYPTO:FTM), with a relatively steep drop of almost 19% on the day, and Litecoin (CRYPTO:LTC), Bitcoin Cash (CRYPTO:BCH), and Uniswap (CRYPTO:UNI), all sinking at around the 13% mark.

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What happened  A massive sell-off on Friday in the cryptocurrency market accelerated after the stock market closed on Wall Street. The selling seems to be feeding on itself, causing panic across the market.  Altcoins are down big today with some trading more than 30% lower, but the drops in giants like Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) are staggering. As of 5:45 p.m. ET, Bitcoin is down 10.8% in the last 24 hours and 5.4% in just the… Source link