In 2023, cryptocurrencies will become one of the most prevalent forms of digital currency. As a result, there has been a massive surge in their prices. Many live off this digital form of money as it becomes an increasingly valuable commodity. As the usage increases, online merchants and business owners accept cryptocurrencies as a form of exchange. The crypto market is in a bearish phase right now, and coins like Litecoin (LTC) and Dogecoin (DOGE). A new cryptocurrency, Big Eyes Coin (BIG),… Source link

Bitcoin (BTC) set new one-month highs on the Dec. 14 Wall Street open on a day full of key events for the United States Federal Reserve. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Bitcoin bullish with stocks into FOMC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $18,126 on Bitstamp, beating the $18,106 high from the day prior. U.S. stocks edged higher as markets eagerly awaited feedback from the Fed after the November Consumer Price Index print… Source link

Litecoin (LTC) Emerges as One of the Most Popular Crypto for Payments accounts for over 25% of the payment gateway, and BitPay’s transactions. In a year, the monthly Litecoin payments have increased by 109%. Litecoin payments are primarily seen in North America. Litecoin (LTC) is consistently emerging as the most popular crypto for payment purposes and accounts for over 25% of the payment gateway, BitPay’s transactions. LTC gained popularity as a ‘go-to coin’ for making… Source link

The declining price pattern for the majority of the cryptocurrency sector has finally slowed down after months filled with challenges that prevented the repetition of its 2021 success, including for Litecoin (LTC). According to PricePredictions’ machine learning-based algorithm, taking into account technical indicators like the relative strength index (RSI), moving average convergence divergence (MACD), and moving averages (MA), Litecoin isn’t expected to make a significant spike by… Source link

Ethereum saw an increase in its price on Tuesday along with the rest of the crypto market following the positive CPI data release. The jump in price saw Ethereum finally beat the $1,300 price point after hovering around $1,200 coming out of the weekend. However, the digital asset had met significant resistance at the $1,350 price level, which could end up being a bearish development for the cryptocurrency. Ethereum Trades Are Wary Currently, Ethereum traders are still very on edge regarding… Source link

While Bitcoin is definitely the largest cryptocurrency to ever exist, it has various shortcomings as well. Since the beginning, crypto enthusiasts have demanded a secure, more private, and untraceable type of currency system. That is how Monero originated—to provide financial privacy. As Bitcoin and Ethereum transactions are originally traceable, Monero’s co-founders discovered a way to make cryptographic transactions untraceable. Monero’s history is still under wraps, as very… Source link

Bitcoin (BTC) speculators have disappeared from the market and their mood “destroyed,” says popular analyst Philip Swift. In a tweet on Dec. 14, the co-founder of trading suite DecenTrader flagged potential maximum risk returns for BTC at current prices. Swift: “Euphoria destroyed” from Bitcoin bear market BTC/USD is around 70% below its last all-time highs, and the drawdown has flushed out many short-term investors. The FTX scandal precipitated an even stronger capitulation, one which… Source link

New year, new opportunities! The year 2023 is quickly approaching, and investors and market experts alike are losing interest in Solana (SOL) and Litecoin (LTC). However, there is a newfound affection for Snowfall Protocol (SNW), the new kid on the block (SNW). But why do experts prefer Snowfall Protocol (SNW) over the more established Solana (SOL) and Litecoin (LTC)? Read on to find out. Solana’s (SOL) Scalability Trilemma Solana (SOL) peaked in November 2021 at $260 and has since… Source link

Cryptocurrencies like Ethereum have their fair share of controversy regarding categorization. Government regulatory bodies like the Securities and Exchange Commission (SEC) and the U.S. Commodities Futures Trading Commission (CTFC) have had past battles with other digital assets. The SEC is currently embroiled in a long-running case with Ripple Labs, with the focus on defining the XRP token as a security. The CFTC also views all virtual currencies as commodities under the Commodity… Source link

Cryptocurrencies like Ethereum have their fair share of controversy regarding categorization. Government regulatory bodies like the Securities and Exchange Commission (SEC) and the U.S. Commodities Futures Trading Commission (CTFC) have had past battles with other digital assets. The SEC is currently embroiled in a long-running case with Ripple Labs, with the focus on defining the XRP token as a security. The CFTC also views all virtual currencies as commodities under the Commodity… Source link