Yearly Archives: 2022

Are stablecoins giving Ethereum a run for its money? This new report suggests…

Ethereum’s market cap fell below stablecoins’ market cap  The number of transfers and fees declined The FUD (fear, uncertainty, and doubt) surrounding the crypto market is the reason why the community has been looking for “stability” over the last few days. In a tweet posted by Glassnode, it was revealed that Ethereum’s market cap fell below the overall stablecoin market cap in the last few days. During the chaos of the last few weeks, the #Ethereum market cap… Source link

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Litecoin price analysis: Will it reach $100?

Litecoin price analysis: Will it reach $100?

Litecoin’s price could be rising in advance of its halving in August 2023 – Photo: Shutterstock Litecoin (LTC) made sharp gains in November while most other major cryptocurrencies have been reeling under pressure caused by the FTX crisis. From a low of $47.60 on 9 November 2022, litecoin jumped to a high of $83.66 on 23 November 2022, a 75% gain within a short time. After the sharp rally, litecoin is witnessing profit-booking and has dropped near $74 as of 25 November 2022. One of… Source link

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Litecoin surges to 6 month highs defying crypto crash

I remember the good old days. The beginning of crypto when people were big fans of Litecoin. Many crypto bulls said that if Bitcoin was gold, then Litecoin was silver. I don’t know if that analogy still stands today given Ethereum and many other cryptos. Nonetheless, Litecoin is defying the crypto crash caused by the crypto FTX black swan event. While Bitcoin, Ethereum and other major cryptos are crashing and now ranging, Litecoin hit 6 month highs! In fact, Litecoin has moved up 43%… Source link

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Bitcoin.org's 'Cøbra' Must Unmask to Challenge Craig Wright's Legal Costs, UK Court Rules – CoinDesk

Bitcoin.org's 'Cøbra' Must Unmask to Challenge Craig Wright's Legal Costs, UK Court Rules – CoinDesk

The costs against Cøbra were awarded in a copyright case related to the the Bitcoin white paper, the cryptocurrency’s founding manifesto. Wright, an Australian computer scientist, has long claimed to be Satoshi Nakamoto, the pseudonymous inventor of Bitcoin. He accused Cøbra and bitcoin.org of infringing his rights after the website published the white paper, attributed to Satoshi. Wright sought a declaration that, as Satoshi, he owned the copyright. Source link

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Bitcoin teeters after Grayscale owner DCB reveals $2bn debt

Bitcoin teeters after Grayscale owner DCB reveals $2bn debt

Barry Silbert, founder and CEO, Digital Currency Group said they can cope with the crypto winter chill. Photo: Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal via Getty Grayscale owner DCB has revealed that it is $2bn (£1.65bn) in debt, causing the value of bitcoin to look increasingly precarious due to the company’s digital asset holdings and its ownership of troubled crypto lender Genesis. The Grayscale Bitcoin Trust is one of the world’s largest holders of bitcoin (BTC-USD), with a stash… Source link

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Why El Salvador’s Bukele Is Doubling Down on Bitcoin

The cryptocurrency crisis, worsened by the dramatic collapse of fast-growing crypto exchange FTX in mid-November, has raised questions about the future of these digital currencies. Bitcoin, the largest and most well known among them, has fallen to a two-year low in recent days. But one of the cryptocurrency’s most prominent backers is doubling down. On Nov. 17, El Salvador’s President Nayib Bukele, who last year made his country the first in the world… Source link

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Privacy coins price predictions: Monero, Dash, Zcash

Privacy coins price predictions: Monero, Dash, Zcash

Privacy coins like Monero and Dash provide additional security features. Demand for these coins is expected to keep rising in the next few years. Dash, Monero, and Zcash are some of the best privacy coins to buy. With cryptocurrencies plummeting, some investors believe that coins that provide utility will thrive in the long term. This view explains why some privacy… Source link

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Monero (XMR) price attempts to recapture its lost grounds!

Monero needs no introduction, especially because of its uniqueness and feature that saw it getting blocked on multiple exchanges and countries. Sometimes uniqueness becomes the greatest trouble of crypto tokens, and here we are addressing the potential and outlook of XMR in modern-era computing. XMR was the first cryptocurrency to officially endorse the use of advanced cryptography to hide user data making it very challenging to trace actual users. With its latest market position of $2.47… Source link

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BTC, ETH Move Lower on Black Friday – Market Updates Bitcoin News

BTC, ETH Move Lower on Black Friday – Market Updates Bitcoin News

Bitcoin was marginally lower on Nov. 25, as markets returned to action following the U.S. Thanksgiving holiday. Overall, cryptocurrency markets were mostly in consolidation in today’s session, with the global market cap up 0.12% as of writing. Ethereum was also largely unchanged, with the token hovering below $1,200. Bitcoin Bitcoin (BTC) was mostly unchanged on Friday, as cryptocurrency markets consolidated, following the U.S. Thanksgiving holiday. Following a high of $16,641.32 on… Source link

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