The amount of Ethereum’s supply concentrated in smart contracts has hit an all-time high post-merge. Smart contracts now create 0.45% of all Ethereum behind staked Ethereum at 0.57% and Exchange balances at 0.17%. The chart below presents an area view of some of the largest concentrations of the Ethereum supply. Supply regions are shown as a ratio of circulating supply from bottom to top. The supply held on exchanges is shown in yellow, the supply held on Smart Contracts is shown in red,… Source link

The cryptocurrency marketplace is stuffed with options. You can invest in any number of tokens, with no guarantee that they’ll return profits. As is often the case, coins’ values and market caps rise and fall almost at random, with an incalculable amount of competing factors contributing to this fluctuation. Buckle up: in this article, we’ll cut straight to it and give you five cryptocurrency options that are worth your time and money today. These coins all… Source link

Litecoin (LTC) gets a bullish rating from InvestorsObserver Sunday. The coin is down 2.11% to $69.32 while the broader crypto market is down 0.56%. Litecoin has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Bullish Over the last five days, Litecoin has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of… Source link

Monero receives an average long-term technical score of 36 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, XMR holds a superior long-term technical analysis score than 36% of… Source link

After the smattering of U.S. central bankers who set the Federal Reserve’s interest-rate benchmark met last week, the smattering issued a press release that outlines their new monetary policy (raising rates by 75 basis points). Then Powell, who leads the smattering, speaks at a press conference, giving introductory remarks before he answers questions from financial journalists. In our modern era of information overload, the market tends to react to the press release and then to the… Source link

As of 5 November, Vitalik Buterin tweeted the ‘updated roadmap diagram’ depicting the changes in store for Ethereum [ETH]. As can be witnessed, changes were made to The Verge and Scourge segments of the roadmap.  Updated roadmap diagram! pic.twitter.com/MT9BKgYcJH — vitalik.eth (@VitalikButerin) November 4, 2022 ___________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Ethereum [ETH] for 2022-2023

Monero Classic receives an average long-term technical score of 56 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. XMC currently holds a superior long-term technical… Source link

Bitcoin (BTC) holders looking to avoid Central Bank Digital Currencies (CBDCs) may have gained a surprise ally — banks. In his latest blog post, “Pure Evil,” Arthur Hayes, ex-CEO of crypto derivatives platform BitMEX, argued that banks may limit the impact of the CBDC “horror story.” Hayes: Bitcoiners and banks stand against CBDC “dystopia” CBDCs are currently in various stages of development worldwide. Fans of financial sovereignty naturally fear and even despise them, as they imply… Source link

© Reuters Watch Out for Cryptos Including Solana, Helium and Litecoin SOL’s price saw a surge after Google (NASDAQ:) announced its association with the network. The increased hash power for a PoW cryptocurrency, makes (LTC) bullish too. Solano’s android phone will use Helium’s network, making HNT look bullish too. The week ended on quite an eventful news as the big tech firm, Google announced its association with network on Twitter. Hence, we compiled a report on why one must… Source link