Data shows the Litecoin mining hashrate has set a new all-time high recently, a sign that could prove to be bullish for the price of the crypto. Litecoin Mining Hashrate And Difficulty Are Currently At New Highs The “mining hashrate” is an indicator that measures the total amount of computing power connected to a crypto network (which is, in this case, Litecoin). When the value of this metric goes up, it means miners are bringing more rigs online on the… Source link

Data shows the Litecoin mining hashrate has set a new all-time high recently, a sign that could prove to be bullish for the price of the crypto. Litecoin Mining Hashrate And Difficulty Are Currently At New Highs The “mining hashrate” is an indicator that measures the total amount of computing power connected to a crypto network (which is, in this case, Litecoin). When the value of this metric goes up, it means miners are bringing more rigs online on the… Source link

US midterm elections are scheduled for November 8, as the event draws close, 152,000 Bitcoins have hit cryptocurrency exchanges.  Analysts argue that a bullish continuation in Bitcoin price is unlikely with three key events on the horizon. Bitcoin price could continue its decline through the week as bulls fail to defend the $20,874 level.  US midterm elections are expected to have a key impact on cryptocurrencies. Sam Bankman-Fried, FTX exchange CEO and founder… Source link

Apple has recently announced changes to the review guidelines on its App Store, informing users about apps offering cryptocurrency and non-fungible tokens (NFTs). As governments and payment processors assimilate cryptocurrency into their affairs, Apple has remained tight-lipped until now. The latest guidelines will support developers and draw a clear line between what is allowed and what is prohibited by the company. In particular, Apple has… Source link

Google Cloud has trumpeted a series of collaborations with popular blockchain networks Ethereum and Solana in recent weeks, accelerating the tech giant’s support of Web3. Late last month, Google Cloud announced a node-hosting service for Web3 developers called the Blockchain Node Engine. The tool is designed to help build and deploy on blockchain-based applications and platforms. Ethereum is the first blockchain supported by the engine. Rival network Solana is to Source link

Cryptocurrency is the future and fortunately many people feel the same. As a result, this multi-billion company is not going anywhere just yet. The success of the first pioneer coin has influenced the integration of numerous altcoins in the industry, many of which are doing well and generating revenue for users. Big Eyes Coin (BIG) is the latest addition to this successful industry and has been the talk of crypto enthusiasts since the release of its whitepaper a couple… Source link

Bitcoin (BTC) starts the second week of November battling some familiar FUD — how will BTC price action react? The largest cryptocurrency managed a weekly close just below $21,000 on Nov. 6 — an impressive multi-week high — but remains fixed in a sticky trading range. Despite seeing highs of nearly $21,500 over the past week, there has yet to be a catalyst capable of breaking the market status quo, but the coming week has as good a chance as any of doing so. Nov. 10 will see key United… Source link

Ethereum started a downside correction from the $1,675 high against the US Dollar. ETH must stay above the $1,550 support to start a fresh increase. Ethereum climbed higher above $1,650 before it started a downside correction. The price is now trading below $1,600 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,605 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise steadily if it… Source link

Bitcoin price traded to a new monthly high at $21,469 before it started a downside correction. BTC could drop towards $20,600 before it starts a fresh increase. Bitcoin gained pace above the $21,000 resistance zone before it faced sellers. The price is trading above $20,500 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $21,150 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair… Source link

Investors have had a close eye on Ethereum’s [ETH] performance since the much-talked about Merge. The key point of interest being an assessment of whether network demand or utility would deteriorate, return to normal, or rise to new highs. Here’s AMBCrypto’s price prediction for Ethereum [ETH] for 2022-2023 Ethereum’s performance in the last few weeks was enough to provide a rough idea of how the network faired. According to a recent Glassnode analysis, ETH achieved… Source link