Crypto may be in a slump right now, but there’s a silver lining. One of the best ways to make a lot of money in the stock market is to buy during the low points, then simply wait for your investments to recover. By investing in the right places, you could see lucrative returns during the next upswing. Ethereum (ETH 0.70%) is currently down around 68% from its peak in late 2021, which could make right now a fantastic opportunity to buy the dip. But could it make you a millionaire this year?… Source link

The departments involved include the Ministry of Mines and Geology, the Ministry of Water, Forests, Hunting and Fishing and the Ministry of Agriculture and Rural Development according to a press release attached to the tweet. The framework will allow cryptocurrencies to operate in the country, the release said. Source link

Bitcoin saw a climb of over 8.9% in the past week. Photo: Getty Bitcoin (BTC-USD) is continuing its 2023 bull run, surging past $23,000 for the first time since August 2022 before retreating to around $22,705 on Monday. Bitcoin smashed through a price position not seen since before the collapse of the FTX cryptocurrency exchange in November 2022, which plunged the market into a series of liquidations. Bitcoin stood at $22,714 (£17,383) at the time of writing, up from a low of $16,000 at the… Source link

Bitcoin dipped 0.89% in Monday afternoon trading in Asia but remained above a four-month high of US$22,000, while all other top 10 non-stablecoin cryptocurrencies by market capitalization were mixed. Dogecoin led gains at 4.32% and Solana was the biggest loser among top 10 cryptos. See related article: Binance Charity to fund over 30,000 Web3 scholarships in 2023 Fast facts Bitcoin, the world’s largest cryptocurrency, dipped 0.89% to US$22,701 on Monday at 4 p.m. in Hong Kong after gaining… Source link

“This is a wonderful example of an industry that sees the harm that could be done in its name, and steps up to self-regulate the issues without being forced to do so by government,” Gail Schimmel, chief executive officer of the ARB, said in an emailed statement. Source link

Not all dips are meant to be bought. Solana (SOL) and Litecoin (LTC) are starting to dip lately which could be a signal for investors to look for other alternatives in the market. Some Solana (SOL) and Litecoin (LTC) investors may see this as a buying opportunity but it would actually be a lost opportunity because there is an even better, more undervalued crypto asset in the market. It’s True, Snowfall Protocol (SNW) Is The Best 1000x Winner! Snowfall Protocol (SNW) is an interoperable… Source link

Ethereum co-founder Vitalik Buterin has shared a possible solution to what he describes as the “largest remaining challenge” for Ethereum — privacy.  In a blog post on Jan. 20, Buterin acknowledged the need to come up with a privacy solution because by default, all information that goes onto a “public blockchain” is public too. He then arrived at the concept of “stealth addresses” — which he said can potentially anonymize peer-to-peer transactions, nonfungible token (NFT)… Source link

Bitcoin traded little changed Monday morning in Asia, holding above a four-month high of US$22,000 amid a broader rally over the weekend, helped by comments from a U.S. Federal Reserve official backing a smaller interest rate increase at the central bank’s meeting at the end of this month. Ether was also little changed in a mixed morning for the top 10 non-stablecoin cryptocurrencies. Dogecoin led gains, while Solana posted the biggest loss. See related article: Crypto is second most owned… Source link

Litecoin receives a strong long-term technical score of 91 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. LTC currently holds a superior long-term technical analysis… Source link

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The daily timeframe remained bullish, but a pullback could occur. On-chain metrics and a positive funding rate also highlighted bullish expectations. Litecoin retested the bullish order block at $81.6 and bounced to trade at $88.6 at the time of writing. More gains are expected, and the zone of resistance at $104 can be… Source link