Valeria Blokhina Only the latest crypto news and updates in the U.Today news digest! Here are the top four stories over the past day presented to you by U.Today. Some SHIB starts going back into circulation Thanks to regular token burns, the initial SHIB circulating supply has been gradually decreasing. However, according to Twitter user @shibburn, the recently created Shiba Inu burn website shows that the supply is increasing again due to more coins flowing in. The reason behind this… Source link

Litecoin price is about 8.25% from where it began in 2022. Efforts by the bulls to push the crypto past the crucial support-turn-resistance zone of $150 have been unsuccessful. The downward momentum recorded over the past two months has pushed its market capitalization from over $19 billion in November to the current $9.6 billion. Litecoin, which is often referred to as Bitcoin Lite, was founded on Bitcoin’s protocol with the aim of facilitating affordable peer-to-peer exchanges…. Source link

Bitcoin (BTC) has been below $45,000 for 14 days and is currently 40% below the $69,000 all-time high. This movement holds similarities to late-September 2021, when Bitcoin price flat-lined for 11 days and was 36% below the previous $64,900 all-time high on April 14. Bitcoin price at Coinbase, USD. Source: TradingView To understand whether the current price momentum mimics late September, traders should start by analyzing the Bitcoin futures contracts premium, which is also known as “basis.”… Source link

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not… Source link

Two months ago, it seemed inevitable that Ethereum (CRYPTO:ETH) would break through the $5,000 ceiling. The popular cryptocurrency hit an all-time high just below $4,900 in mid-November, and momentum was on its side. But it didn’t happen. Digital currencies have corrected sharply in recent weeks, and Ethereum has tumbled along with most of the market. With the digital currency trading at roughly $3,150 on Wednesday morning, it would have to climb 59%… Source link

Monero’s (CRYPTO: XMR) price has increased 5.77% over the past 24 hours to $212.71. Over the past week, XMR has experienced an uptick of over 5.0%, moving from $198.95 to its current price. As it stands right now, the coin’s all-time high is $542.33. The chart below compares the price movement and volatility for Monero over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the… Source link

One of the biggest casualties of the cryptocurrency selloff is the Grayscale Bitcoin Trust.  The $27 billion fund (ticker GBTC) has plunged nearly 17% so far in 2022, outpacing Bitcoin’s nearly 9% decline. As a result, GBTC’s price closed 26.5% below the value of the Bitcoin it holds on Tuesday, widening GBTC’s so-called discount to record levels, according to Bloomberg data. Source link

Image source: Getty Images Here’s why Ethereum has lost over 30% in two months. Key points Ethereum’s price has fallen dramatically since its November highs, in part due to wider economic factors. Buying Ethereum now may be a good… Source link

19th January Updates: Solana, Cardano, Avalanche, Matic, Litecoin, Bitgert & Centcex by Analytics Insight January 19, 2022 Solana and other major crypto coins are undergoing constant changes to reach the top ranks.    The crypto market is experiencing some plunge again in the third week of January, with most large coins losing a percentage of Jan’s second-week gains. But this has not stopped most teams from making moves that make their products better and more attractive. Here are… Source link

Litecoin was among the top five cryptocurrencies a few years ago. After the founder of LTC, Charlie Lee, declared that he sold all his LTC to focus more on the development of blockchain technology, then the price of the coin declined significantly.  It is designed on a Bitcoin protocol to enable peer-to-peer exchanges at affordable costs. The aim is to enable faster, more secure, and low-cost transactions. The total supply chain of Litecoin tokens has a hard cap of 84 million. It also… Source link