Leading crypto intelligence firm Santiment is revealing some bullish on-chain metrics that are developing for Litecoin (LTC) behind the scenes. LTC is trading at $148 at time of writing, down 64% from its all-time high of $410 in a hard downtrend. Despite this, Santiment says crypto whales may have other plans for the early Bitcoin (BTC) competitor. According to the firm, “smart money” Litecoin whales are on a 15-week accumulation streak, something that hasn’t been seen… Source link

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Bloomberg — Consumers and businesses are increasingly starting to use digital tokens other than Bitcoin for purchases, according to BitPay Inc., one of the biggest crypto payments processors in the world.Last year, Bitcoin’s use at merchants that use BitPay dropped to about 65% of processed payments, down from 92% in 2020, the company told Bloomberg. Ether purchases accounted for 15% of the total, stablecoins were 13% and new coins added to BitPay in 2021 — Dogecoin,… Source link

Cryptocurrency Bitcoin (CRYPTO:BTC) has been one of the best investments you could have made over the past several years. It’s up roughly sixfold over the past 24 months, and many times more over its lifetime. Bitcoin’s market cap has ballooned to roughly $820 billion, more than a third of all value among cryptocurrencies. Bitcoin’s rate of appreciation may slow down at this large size, making a bear market possible for Bitcoin in 2022 if investors… Source link

Knowledge concept with quote written on wooden blocks Written by Chris MacDonald at The Motley Fool Canada As far as top cryptocurrencies go, Ethereum (CRYPTO:ETH) is undoubtedly one of the top picks of most crypto investors. This token is currently the second largest in the world in terms of market capitalization. In terms of the decentralized finance (DeFi) ecosystem, Ethereum is by and far the largest network out there. In other words, all those applications built on top of the blockchain… Source link

by Analytics Insight January 16, 2022 The crypto industry is rising up from a rough dip in the first week of January, but the second week has been good. Some of the cryptocurrencies have managed to recover from the dip and are now green and booming. But what have been the latest developments from the best cryptocurrencies in the market? There is a lot that crypto investors need to know about these top cryptocurrencies of 2022:   Bitgert Bitgert team has never failed to deliver and has… Source link

ETH is currently the second-largest cryptocurrency with a market cap of nearly $400 billion after Bitcoin and is a dominant platform for non-fungible tokens, decentralised finance, etc. Bitcoin competitor Ethereum’s co-founder Vitalik Buterin in a Twitter poll asked Ethereum (ETH) community which crypto they would prefer for their transactions and savings in 2035 excluding ETH. Buterin asked people to choose between Bitcoin, USD Coin, Solana, and Cardano in the first tweet on Friday that… Source link

For bitcoin enthusiasts in Kosovo with a breezy attitude to risk, it has been a good week to strike a deal on computer equipment that can create, or “mine”, the cryptocurrency. From Facebook to Telegram, new posts in the region’s online crypto groups became dominated by dismayed Kosovans attempting to sell off their mining equipment – often at knockdown prices. “There’s a lot of panic and they’re selling it or trying to move it to neighbouring countries,” said cryptoKapo, a… Source link

Bitcoin has had its fair share of bear markets in the past. Let’s briefly recap the most significant ones and see what we can learn from them. The 2011-2012 Bear Market The bitcoin price fell from $29 on June 8, 2011 to $2.10 on November 18, 2011, followed by months of sideways action: The first bear market, 2011-2012. Chart data source: CoinMetrics.io The most painful bear market happened before most of us were even aware that something like bitcoin existed. More than ten years ago, the price… Source link

What happened Top cryptocurrencies Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Cardano (CRYPTO:ADA) each continued higher on Saturday. These tokens showed 24-hour gains of 2.5%, 4.0%, and 3.2%, respectively, as of 11:00am ET. Over the past seven days, each of these tokens remains in the green, between 3% and 5% higher. Of course, Bitcoin saw its worst start to the year since its inception, making this rebound week an important one for… Source link