Bitcoin (BTC) starts one of the most important macro weeks of the year in a precarious position below $17,000. After its latest weekly close, BTC/USD showed little upward momentum prior to the Dec. 12 Wall Street open. With volatility yet to appear, the largest cryptocurrency continues to trade in a narrow range, and analysts are increasingly impatient for new catalysts. These, they agree, should come in the next few days — United States economic data is due, and its content and impact on… Source link

Shiba Inu vs Litecoin- Investors are estimating the more profitable asset for holiday investment Litecoin vs Shiba Inu– the two cryptocurrencies are competing to become the top crypto investments this Christmas! As we all know, the year 2022 has been traumatic for the entire crypto market, besides, the mainstream economic and financial markets are also suffering due to the ongoing recession. Major digital assets like Bitcoin and Ethereum have lost over 50% of their value and have driven… Source link

Congratulations are in order for Uniglo, following a spectacular 2X on launch last month. This caused little surprise – Uniglo is one of the most interesting and innovative products to reach the market this year. GLO is underpinned not only by digital assets like NFTs and cryptocurrency but also by real-world assets like fine art, high-end watches, and prime real estate. Such investments have traditionally brought home steady, reliable gains with long-term holding. Combined with the… Source link

Litecoin mega whale addresses holding their highest level of available supply since June 2017 started mass accumulation of LTC.  In the past five weeks, 2.95 million Litecoin tokens were accumulated by addresses with 1 million or more LTC in their wallet.  The US Federal Reserve, the European and British central banks will usher in decisions on interest rates this week, ensuring a volatility-filled time for crypto. Litecoin accumulation by large wallet investors… Source link

Cryptocurrencies slipped on Monday. The global crypto market cap stood at $840.2 billion, with a volume of nearly $29.3 billion in the past 24 hours. Bitcoin | The world’s largest and most popular virtual currency, Bitcoin, fell 1.4 percent to $16,906.3. Its market value stood at $325.1 billion. The trade volume was at nearly $16.3 billion. “Bitcoin is trading in a tight zone changing hands between $17,300 and $16,800 levels since the past two weeks indicating a range-bound rally. However,… Source link

Ethereum faced a strong rejection near $1,300 against the US Dollar. ETH is declining, but there is a major support waiting near $1,240 and $1,220. Ethereum struggled to clear the $1,295 and $1,300 resistance levels. The price is now trading below $1,260 and the 100 hourly simple moving average. There was a break below a key contracting triangle with support at $1,270 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now approaching a major support at $1,240 and… Source link

Litecoin price prediction suggests the increasing momentum of LTC crypto inside the rising wedge pattern over the daily chart. LTC crypto is trading at 20, 50, 100 and 200-days Daily Moving Average. The pair of LTC/BTC is at 0.004507 BTC with an intraday gain of 0.61%. Litecoin price prediction suggests the upward momentum of LTC crypto inside the rising wedge pattern over the daily chart. LTC crypto is trading at the lower trendline of the rising wedge pattern and is trying to return… Source link

Bitcoin price failed to clear the $17,300 zone and corrected lower. BTC could find a strong buying interest near $16,900 or $16,700 in the coming sessions. Bitcoin failed to gain pace for a move above $17,300 and $17,450. The price is trading below $17,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $17,150 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could bounce back if it stays above the $16,900… Source link

Bitcoin and Ether fell slightly in Monday morning trading in Asia, along with all other non-stablecoin cryptocurrencies in the top 10, excluding Litecoin. Investors await November’s consumer price index, a key inflation indicator to be released Tuesday, while bracing for another interest rate hike on Wednesday. See related article: Sam Bankman-Fried misses deadline to respond to Senate Committee hearing Fast facts Bitcoin was trading at US$17,106, down 0.1% in the 24 hours to 8 a.m. in Hong… Source link

Popular crypto analyst Nicholas Merten says the near-term fate of Bitcoin (BTC) over the coming weeks will depend on two key macroeconomic events. In a new video update, the host of DataDash tells his 511,000 YouTube subscribers that the market is waiting for the Consumer Price Index (CPI) report and the last Federal Reserve meeting of the year, both slated for this week. “Why are people not buying the dip? The reason, in my opinion, is what’s coming up here next week and it… Source link