Trading Ethereum can be a completely different experience to trading Bitcoin and other cryptocurrencies. While most cryptocurrency will typically move in unison, each Cryptocurrency does still have its own fundamental factors unique to its particular ecosystem, which means that they can move at different intensities and sometimes these unique aspects means they won’t move in unison at all. This can be very much true for Ethereum and it can frequently diverge from… Source link

With help from Derek Robertson and Daniel Lippman A view of a gate to Harvard Yard on the campus of Harvard University. | Maddie Meyer/Getty Images CAMBRIDGE, MASS.— Bitcoin was invented to circumvent the world’s central banks, so the idea that those banks would start buying Bitcoin in bulk ranks somewhere from counterintuitive to far-fetched. But after Western governments froze Russia’s foreign exchange reserves early this year, speculation mounted that some… Source link

Litecoin bucked the market downtrend, posting 19% gains over the past week to lead the top 100. Price performance over the last 24 hours has seen LTC record 13.7% gains to $70.10 from $61.53 at the time of press. The majority of today’s gains resulted from a 9.6% upside swing on the 13:00 (UTC) candle. Source: LTCUSDT on TradingView.com As a result, Litecoin continues climbing higher on the market cap rankings. Excluding stablecoins, this positions LTC in the top 10 to rank 9th,… Source link

Ether (ETH) price experienced an 11.9% decline from Nov. 20 to Nov. 22, bottoming at $1,074 — the lowest level seen since July. Currently, investors have reason to be concerned after crypto lending company Genesis reportedly faced difficulties raising money, triggering rumors of insolvency on Nov. 21.  However, a spokesperson for Genesis told Cointelegraph that there were no plans for imminent bankruptcy because the company continues to hold discussions with its creditors. Unease about the… Source link

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On-chain data shows Ethereum whales have added $1 billion more to their holdings recently, something that could be bullish for the crypto’s price. Ethereum Whales Now Hold 947,940 ETH More In Their Wallets As per data from the analytics firm Santiment, this jump in the whale holdings is the 5th largest in this year so far. The relevant indicator here is the “Supply Distribution,” which tells us the percentage of the total Ethereum supply that each wallet group has right now. Wallets… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Monero (XMR) was bearish on the daily chart The elevated positive sentiment over the weekend has flattened out Monero (XMR) bulls were cut to size over the weekend as bears threw a massive party. This was evidenced by the bearish engulfing pattern (A tiny green candle followed by a larger red candle) on the charts. It indicates that the bears… Source link

As the FTX-induced devastation in the cryptocurrency sector continues, Litecoin (LTC) has held its own and even climbed over 10% on November 22 to be one of the crypto markets’ top gainers.  The ascent of Litecoin seems to have piqued some interest, given the current climate in the cryptocurrency market, and investors are seemingly on the lookout for the next levels to monitor.  Notably, the crypto community at CoinMarketCap, using the Price Estimate tool, sets the price of Litecoin to… Source link

Vertigo3d So far, 2022 is not proving to be a particularly good year for Bitcoin (BTC-USD). Although, to be fair, it’s not looking to be great for most any cryptocurrency or any investment in general. Unlike most investment opportunities though, Bitcoin is distinguished by the fact that, at the end of the day, I think it’s destined to see its price plunge. For years, cryptocurrency in general has been hyped up. In addition to the general enthusiasm that is common with new and rapidly… Source link

Litecoin’s social metrics increased, neglecting the downturn recorded by most assets in the market The hikes could not produce enough profits for LTC holders. Although it was likely that investors might not have to deal with massive a price fall in the short-term Gloom-ridden! That might be the perfect description of the crypto market sentiment in the last few days. However, not every asset seemed to have joined the bandwagon as Litecoin [LTC] progressed in the opposite… Source link