Bitcoin was up on Monday morning in Asia, reaching its highest price in five months. Ether also rose along with all other top 10 non-stablecoin cryptocurrencies, with Solana and Litecoin posting the biggest gains. The total cryptocurrency market capitalization has remained above US$1 trillion for the eighth consecutive day, the longest streak since August 2022. See related article: Bankrupt BlockFi asks court to approve bonuses to keep staff Fast facts Bitcoin traded 3.2% higher at US$23,764 in… Source link
Read More »Monthly Archives: January 2023
Ethereum to shine the most among cryptos, including bitcoin, survey shows
Oleksandr Shatyrov/iStock Editorial via Getty Images Investor sentiment towards ethereum (ETH-USD), the largest alt-coin by market cap, has seen a “dramatic rise” so far in 2023, coinciding with the astounding year-to-date rally across the broader cryptocurrency market. By contrast, investors have dialed back their growth outlook for bitcoin (BTC-USD). Since the start of 2023, following the crypto rout in the previous year, both ether (ETH-USD) and bitcoin (BTC-USD) have seen… Source link
Read More »Monero Classic (XMC) Receives a Bullish Rating Sunday: Is it Time to Get on Board? – InvestorsObserver
Monero Classic (XMC) gets a bullish rating from InvestorsObserver Sunday. The coin is up 1.24% to $0.4255631192 while the broader crypto market is up 3.05%. Monero Classic has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero Classic! Bullish Over the last five days, Monero Classic has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score… Source link
Read More »LTC, AVAX, APT and FTM prepare to rally as Bitcoin price targets $24K
Bitcoin (BTC) has rallied nearly 40% so far in January, which is the best start to the year since 2013. The sharp up-move has turned several on-chain signals bullish, according to on-chain analyst Cole Garner. Usually, a sharp recovery from the market lows, driven by the leader, is a sign that strong hands may be buying aggressively. That could be because traders believe the selling may have been overdone in the near term or they found the valuation to be attractive. Crypto market data daily… Source link
Read More »LTC, AVAX, APT and FTM prepare to rally as Bitcoin price targets $24K
Bitcoin (BTC) has rallied nearly 40% so far in January, which is the best start to the year since 2013. The sharp up-move has turned several on-chain signals bullish, according to on-chain analyst Cole Garner. Usually, a sharp recovery from the market lows, driven by the leader, is a sign that strong hands may be buying aggressively. That could be because traders believe the selling may have been overdone in the near term or they found the valuation to be attractive. Crypto market data daily… Source link
Read More »Elon Musk Reportedly Wants Twitter Payments System to Include Crypto; Bitcoin Falls Under $23K – CoinDesk
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link
Read More »Bitcoin ATM Companies Are Preying on the Poor
There’s a laundromat in a working-class immigrant community on the outskirts of Washington, D.C. that is much more than a place to wash and dry clothes. The store offers alternative financial services — bill payment processing, money orders and check-cashing services — charging for many transactions that most banks perform for customers at no extra cost. Millions of people in the United States rely on services like those offered by the laundromat because they don’t have enough… Source link
Read More »What Does a Risk Analysis Say About Monero (XMR) Sunday?
InvestorsObserver analysis gives Monero an average risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is… Source link
Read More »Cryptocurrencies To Buy That You Don’t Want To Miss In 2023- Big Eyes Coin, Ethereum, and Polkadot
After the tumultuous year the crypto market faced in 2022, it is likely that you are looking for a way to get your crypto investments in the green in 2023. Whether you want to invest in stable tokens like Ethereum (ETH) or market newcomers like Big Eyes Coin (BIG), what is essential is making sure your investments are being done with confidence- which this article is here to provide. In this article, we will go over 3 cryptocurrencies that we believe have potential this year, and that you… Source link
Read More »Unlikely Pairing: A Long-Term Investor’s Take on the Top 3 Cryptocurrencies
When it comes to creating a long-term buy-and-hold strategy, many investors blanch at the idea of adding cryptocurrencies to their portfolios. Yes, crypto is a highly volatile and speculative asset class, so adding it to an investment portfolio you expect to deliver superior long-term gains can seem like an unlikely pairing. However, several of the top cryptos are starting to develop a historical track record of success. Bitcoin (BTC 1.81%), for example, recently celebrated its 14th… Source link
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