The market is entering a recovery, and many investors are now looking to recalibrate their portfolios in preparation for the next bull market. There are over 12,000 different cryptocurrencies to choose from, and each has a set of characteristics that could make it the next best investment; it is difficult to spot the trees through the forest. So how do you identify the best cryptocurrencies to invest in in 2022? What… Source link
Read More »Yearly Archives: 2022
Litecoin Mining Difficulty Is Hitting New Highs, Foundation Says – CoinDesk
The price of LTC is holding steady, trading at $68.04 at the time of publication. However, on Wednesday, LTC’s price spiked 13% in a single day, probably due to payments giant MoneyGram’s announcement that its U.S. customers will soon be able to buy, sell and hold LTC, bitcoin (BTC) and ether (ETH) in the MoneyGram mobile app. Source link
Read More »Ethereum inches even closer to total censorship due to OFAC compliance
Considering that protocol-level censorship is deterrent to the crypto ecosystem’s goal of highly open and accessible finance, the community has been keeping track of Ethereum’s growing compliance with standards laid down by the Office of Foreign Assets Control (OFAC). Over the last 24 hours, the Ethereum network was found to enforce OFAC compliance on over 73% of its blocks. Ethereum sporting 73% OFAC-compliant blocks. Source: mevwatch.info In Oct. 2022, Cointelegraph reported on the Source link
Read More »Why is Bitcoin price up today? By Cointelegraph
Why is Bitcoin price up today? price is up on Nov. 4, and a market-wide rally in crypto prices suggests that Bitcoin (BTC) , (BNB) and Ether (ETH) are starting the month of November in the black. Bitcoin and the market are fighting back after the Federal Reserve’s Nov. 2 announcement of a 0.75 basis point interest rate hike which at first had a positive impact on equities and cryptocurrency markets, then led to a market downturn. BTC price. Source: Cointelegraph Crypto market… Source link
Read More »Is Bitcoin bullish or nah? Here is what is really going on with BTC price
Since March 2022, traders and so-called analysts have been forecasting a policy change or pivot from the United States Federal Reserve. Apparently, such a move would prove that the Fed’s only available option is to print into oblivion, further diminishing the value of the dollar and enshrining Bitcoin (BTC) as the world’s future reserve asset and ultimate store of value. Apparently. Well, on Nov. 2, the Fed raised interest rates by the expected 0.75%, and equities and crypto rallied… Source link
Read More »How to transfer $1 billion for basically free: Bitcoin whale watching
Billionaires, take note. It’s one million times cheaper to send huge sums of money on the Bitcoin (BTC) blockchain. A Bitcoin user sent over 50,562 BTC ($1 billion) to an address on the blockchain, paying a fee of just 2,513 Satoshis (the smallest denomination of a Bitcoin), equivalent to half a dollar for the pleasure. Transaction sankey diagram showing fees, value and time. Source: mempool The unknown wallet address paid a tiny fraction (less than 0.0001%) of the total value transacted…. Source link
Read More »Bitcoin, Binance Coin, FTX Token, and Monero Daily Price Analyses – 4 November Morning Prediction
The global crypto market has seen a positive trend as its value has improved significantly. The performance of Bitcoin, Binance Coin, and others has shown enhancement. As the market has seen a boost, its gains are likely to increase. The previous few days have proved tough for the market as it couldn’t continue bullish. The regressive trend had proved detrimental to new gains as investors were cynical of their investments. The new change is likely to bring the market to new highs. New… Source link
Read More »Bitcoin and Ethereum Prices Spike Thanks to This Crypto Market Paradox
Gamza Khanzadaev Crypto market is up $1 trillion again on good “bad” news as bull rally may be in play The two largest cryptocurrencies, Bitcoin and Ethereum, soared on the back of today’s poor U.S. unemployment report. At the same time, total crypto market capitalization has once again reached the all-important $1 trillion mark. Source: TradingView Despite rising unemployment, the price of BTC increased by almost 5%, while the price of ETH soared by 8.5%. It would seem that with a… Source link
Read More »Bitcoin Price Retakes $21,000, May Keep Rising Due To This
The Bitcoin price is regaining bullish momentum over today’s trading session, retracing the losses seen early in the week. Once again, the cryptocurrency is under the influence of macroeconomic forces working in its favor for the first time in months. At the time of writing, the Bitcoin price trades at $21,000 with a 4% profit in the last 24 hours and seven days, respectively. Other cryptocurrencies in the crypto top 10 are displaying similar strength, with… Source link
Read More »Litecoin price screams buy as LTC hashrate climbs
Litecoin price confirms a bullish outlook bolstered by a symmetrical triangle breakout. Litecoin’s hashrate spikes to 536.70TH/s amidst improved investor and miner confidence in the network. A supply area at $71.05 could poke holes in LTC’s bullish outlook. Litecoin price prepares to usher in the weekend in style as it climbs the ladder hoping to tag $83.83. Most technical indicators flipped bullish when LTC rebounded from support at $50.50. A subsequent move past… Source link
Read More »