Litecoin price has remained within the horizontal channel whose formation began in early December. Fear levels in the crypto market have heightened in the new year. Compared to the past week’s fear reading of 41, the crypto fear & greed index is currently at an extreme greed level of 23. For as long as the altcoin remains below the psychological level of $200, the bears will remain in control. Litecoin price prediction LTC has been trading within a horizontal channel since earlier in… Source link

The bearish pressures facing the cryptocurrency market at the end of 2021 have continued into the first week of 2022 after the price of Bitcoin (BTC) dropped below $47,000 on Jan. 1 and the asset still faces stiff headwinds on the shorter timeframe charts.  Data from Cointelegraph Markets Pro and TradingView shows that, after climbing above $47,500 to start the new year, the price of BTC fell under pressure in the afternoon on Dec. 3. Currently, the price has dropped to $46,500 where bulls… Source link

Text size The price of Bitcoin has been weak for months. Alexander Uhrin/Dreamstime Some… Source link

Blockchain gaming crypto Axie Infinity (AXS), privacy coin Monero (XMR) and four more altcoins are conditioned for rallies, according to data from analytics firm Santiment. Besides AXS and XMR, the firm highlights decentralized application (DApp) platform Quantum (QTUM), Web3-focused Ankr, Solana-based liquidity provider Raydium (RAY), and XRP competitor DigiByte (DGB). “There are usually at least a few crypto assets that are being excessively shorted by bearish traders at any… Source link

What happened Today is the first official trading day for stocks, but the third official trading day for cryptocurrencies in 2022. Most top tokens have seen heightened volatility to start the year, as investors place their bets on which tokens could outperform this year. Most mega-cap cryptocurrency tokens are down today, with Ethereum (CRYPTO:ETH) trading 2.3% lower over the past 24 hours, as of 12:30 p.m. ET. Out of the top 20… Source link

This article is part of our On the Radar 2022 series. By all accounts, Ethereum had a great year. The price of Ether rose 400% in 2021, assets locked in DeFi soared 12x to $250B, and network users paid nearly $10B in fees. However, the increased network activity in 2021 saw Ethereum’s annual energy consumption skyrocket past 100TWh, putting it on par with Kazakhstan. Power Hungry Crypto, and specifically Proof-of-Work (PoW) blockchains like Bitcoin and Ethereum, have been criticised for their… Source link

Text size Bitcoin’s recent tumble might have caused an increase in trading volume for Coinbase. Getty Images … Source link

Polygon (MATIC), Uniswap (UNI), Algorand (ALGO), Bitgert (BRISE) & Litecoin (LTC) – Best Crypto To Invest In 2022?   Looking for the best cryptocurrency to invest in shouldn’t be a big problem. You just need to look for a crypto project that is solving real-world problems. That’s what makes an ideal crypto project. Below are the 5 best crypto projects to invest in 2022:   Polygon (MATIC) The polygon & MATIC have become increasingly popular teams, especially with new projects. This is… Source link

Monero’s (CRYPTO: XMR) price has decreased 6.24% over the past 24 hours to $233.41. This is contrary to the coins performance over the past week where it has experienced an up-trend of 1.0%, moving from $233.77 to its current price. 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 daily and weekly price… Source link

Every Bitcoin user and miner is well-aware of the term Bitcoin halving and what it means to Bitcoin. The halving is the name for one of the most highly anticipated events in Bitcoin’s history.  This event affects just how much Bitcoin is in circulation so it doesn’t increase exponentially. Let’s find out why there’s so much fuss about the Bitcoin halving, how it works and what will happen during the next halving sometime in the not so distant 2024.  What is ‘the halving’?