Let’s hope you didn’t jump on the bitcoin bandwagon a year ago. If you bought $1,000 worth of bitcoin when prices peaked in November 2021, your investment would be valued at only about $250 today. On Friday, one bitcoin cost about $16,700. The price has declined by more than 75% since it reached a record high of $68,790 on Nov. 10, 2021, according to CoinMarketCap. Ether, the native token of the Ethereum blockchain network and the… Source link
Read More »Yearly Archives: 2022
EverEarn Ethereum Blockchain Public Presale With USDC Rewards – Press release Bitcoin News
press release PRESS RELEASE. As if the cryptoverse needed more reasons for people to be fearful, both FTX and BlockFi rocked cryptocurrency blockchains and investors alike, sending prices spiraling, blockchains congesting, and investors hunkering down for more ‘crypto-winter’. But amidst this uncertainty, crypto investors now risk missing out on opportunities while becoming stuck in fear, uncertainty and doubt (FUD). The EverEarn coin ($EARN) launched on the Binance Smart Chain ( Source link
Read More »Is Litecoin (LTC) Trending Lower or Higher Friday?
Litecoin receives a strong long-term technical score of 94 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. Currently, LTC holds a superior long-term technical analysis score than 94% of… Source link
Read More »Ethereum: Still The Best Bet In Smart Contracts
Andres Victorero It has now been two full months since Ethereum (ETH-USD) successfully merged from proof of work to proof of stake. Despite that event being one of the more important stories in the history of crypto, it has already been completely overshadowed by the collapse of FTX (FTT-USD). And rightfully so. The FTX story is one that transcends crypto and is yet another egregious black eye on the blockchain space as an investable opportunity. But I want to make my thoughts on FTX very… Source link
Read More »Ethereum: Still The Best Bet In Smart Contracts
Andres Victorero It has now been two full months since Ethereum (ETH-USD) successfully merged from proof of work to proof of stake. Despite that event being one of the more important stories in the history of crypto, it has already been completely overshadowed by the collapse of FTX (FTT-USD). And rightfully so. The FTX story is one that transcends crypto and is yet another egregious black eye on the blockchain space as an investable opportunity. But I want to make my thoughts on FTX very… Source link
Read More »Someone Paid 93 ETH In Fees For A Single Transfer On Ethereum, But Why?
Data shows someone has today paid 93 ETH in fees for a transaction on the Ethereum blockchain; here’s the likely reason behind this seemingly abnormal transfer. This Single Ethereum Transaction Took A Fees Of 93 ETH To Be Possible At a first glance, 93 ETH in fees, and that too for a single transfer, seems simply absurd. Even for the Ethereum network, which is notorious for having periods where the fees reaches sky-high values, it feels too ridiculous to be true. So, why was such a high… Source link
Read More »Bitcoin price may still drop 40% after FTX ‘Lehman moment’ — analysis
Bitcoin (BTC) saw a fresh rejection at $17,000 on Nov. 18 as nervous markets weathered more FTX fallout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC gets $12,000 price target Data from Cointelegraph Markets Pro and TradingView showed BTC/USD failing to flip $17,000 to support — a trend in place for almost a week. The pair, like major altcoins, remained firmly tied down by cold feet over the FTX debacle and its knock-on effects for various crypto businesses. For analysts, the… Source link
Read More »Previously dormant coins on the move as LTC triggers a 20% breakout
Litecoin price (LTC) flips bullish ahead of a 20% rising triangle breakout. Santiment’s Age Consumed metric spikes to show that previously idle coins are on the move. LTC awaits a volatility burst that might help it achieve a seemingly imminent rally to $75.53. Litecoin price will invalidate the optimistic outlook if it closes the day below the triangle resistance at $75.53. Litecoin price is among the few cryptocurrencies likely to end the week on a positive… Source link
Read More »Litecoin price analysis: Bullish rally drives LTC/USD prices to $63.19 – Cryptopolitan
John Palmer John Paul is an enthusiastic crypto writer with an interest in Bitcoin, Blockchain, and technical analysis. With a focus on daily market analysis, his research helps traders and investors alike. His particular interest in digital wallets and blockchain aids his audience. Source link
Read More »Binance sees record 138K BTC inflows as opinions differ on what Bitcoin price will do next
Bitcoin (BTC) inflows to largest exchange Binance just saw a giant spike reminiscent of the 2018 bear market capitulation. Data from on-chain analytics platform CryptoQuant shows that on Nov. 18, a giant tranche of almost 60,000 BTC entered Binance’s wallet. Exchange inflows highest since late 2018 BTC price contagion fears thanks to FTX insolvencies and related panic selling are ongoing. Now, the latest on-chain figures from Binance could provide an additional catalyst for nervous markets —… Source link
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