Ethereum price lacks strength and is likely to oscillate between the $1,280 and $1,080 barriers for the foreseeable future. Whales holding 100 to 10,000 ETH are gobbling up the altcoin after the recent selling frenzy. A daily candlestick close above $1,280 or a breakdown of $1,080 will define the directional bias for the smart contract token. Ethereum price shows a lack of buying pressure as it approached a crucial hurdle recently. As a result, ETH is now facing a… Source link

Bitcoin (BTC) crashed below $16,000 on Nov. 9, driving the price to its lowest level in two years. The 2-day correction totaled a 27% downtrend and wiped out $352 million worth of leverage long (buy) futures contracts. To date, Bitcoin price is 65% down for 2022, but it’s essential to compare its price action against the world’s biggest tech companies. For instance, Meta Platforms (META) is down 70% year-to-date, and Snap Inc. (SNAP) has dropped 80%. Furthermore, CloudFare (NET) lost 71% in… Source link

Monero (XMR) gets a bearish rating from InvestorsObserver Thursday. The Digital Money asset is up 2.79% to $132.81 while the broader crypto market is up 6.16%. Monero has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Bearish Over the last five days, Monero has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of… Source link

After a 59% return in 2020 and a 60% return in 2021, a 67% decline year to date clearly wasn’t the type of performance that Bitcoin (BTC -1.20%) investors were expecting in 2022. But as legendary investor Peter Lynch once stated, “The key to making money in stocks is to not get scared out of them.” While Lynch was talking about the stock market at a time before cryptocurrency came along, his advice is equally prescient for crypto investors today. Many investors have sold their crypto… Source link

Ethereum and the rest of the crypto markets are now experiencing yet another crippling calamity. They call it the ‘black swan’ event, which caused the disintegration of one of the largest crypto exchanges in the world, FTX. With claims of mismanaged customer funds and alleged government scrutiny, Binance, the largest cryptocurrency exchange in the world, abruptly backtracked on Wednesday and announced it would not be buying rival FTX.com. The term “black… Source link

Ethereum and the rest of the crypto markets are now experiencing yet another crippling calamity. They call it the ‘black swan’ event, which caused the disintegration of one of the largest crypto exchanges in the world, FTX. With claims of mismanaged customer funds and alleged government scrutiny, Binance, the largest cryptocurrency exchange in the world, abruptly backtracked on Wednesday and announced it would not be buying rival FTX.com. The term “black… Source link

Opinions expressed by Entrepreneur contributors are their own. You’re reading Entrepreneur India, an international franchise of Entrepreneur Media. The first cryptocurrency the world ever knew was Bitcoin. Interestingly, Bitcoin had no value in the beginning. Handout In 2010, the first-ever bitcoin payment was made to order two large pizzas in exchange for 10,000 bitcoins. This was the first time a… Source link

Bitcoin (BTC) miners could form the next BTC price “trigger,” research warns as withdrawals intensify. In a Quicktake post for on-chain analytics platform CryptoQuant on Nov. 10, contributor MAC.D suggested that miners could soon face “bankruptcy.” Research: Network conditions “will strangle” miners After BTC/USD fell 20% in a matter of days, miners began operating at a higher cost than the block subsidy and transaction fees they earned. The result is mining rigs being idled and… Source link

Monero (XMR), Algorand (ALGO), and Toncoin (TON) boast huge losses this year, trading volumes have shrunk, and investors are exiting. Those same investors are looking towards Orbeon Protocol, which provides a real-world application to its native token ORBN by making investing in startups accessible to everybody. Orbeon Protocol is currently in phase 1 of the presale, with growth predictions above 6000%. >>BUY ORBEON TOKENS HERE<< By the end of 2016, Monero… Source link

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