Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject The native token of Ethereum, ETH is prepared to experience a big price increase in contrast to its primary rival, Bitcoin, in the days before the beginning of 2023. The majority of the bullish indications are contained in the well-known technical configuration known as the “cup-and-handle” pattern. It… Source link
Read More »Litecoin’s mining difficulty may be the bearer of good news for LTC investors
Litecoin’s [LTC] mining difficulty reached a new high. The mining difficulty peaked at just below 18 million hashes, as per a Litecoin Foundation post published on CoinMarketCap on 4 November. Miners compete by generating random hashes in order to find one that is less than the target set by the network’s mining algorithm. Those who win this race are rewarded for adding a new block to the Litecoin blockchain. This rise in mining difficulty most likely indicated that the… Source link
Read More »Monero (XMR) Receives a Bullish Rating Saturday: Is it Time to Get on Board? – InvestorsObserver
Monero (XMR) gets a bullish rating from InvestorsObserver Saturday. The coin is up 2.5% to $158.45 while the broader crypto market is up 0.4%. Monero has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Bullish Over the last five days, Monero has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Monero over the… Source link
Read More »In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether
Aerial view during landing of the seafront Manara district near downtown Beirut. Bilwander | Getty Images When Georgio Abou Gebrael first heard about bitcoin in 2016, it sounded like a scam. But by 2019, as Lebanon plunged into a financial crisis following decades of expensive wars and bad spending decisions, a decentralized and borderless digital currency operating outside the reach of bankers and politicians sounded a lot like salvation. Gebrael was an architect living in his hometown of… Source link
Read More »This Week in Coins: Dogecoin Outpaces Bitcoin and Ethereum Amid Musk’s Twitter Takeover
This week in coins. Illustration by Mitchell Preffer for Decrypt. Crypto markets continued to see green for the second week running. In a typical week, market leaders Bitcoin (BTC) and Ethereum (ETH) set the pace for everyone else, but this week they took a backseat to other impressive rallies. Bitcoin gained 3% over the last seven days and currently changes hands at $21,314. Ethereum rose nearly 2% during that time and trades for $1,640. Both could have made more headway, but the U.S…. Source link
Read More »Bitcoin (BTC) Will Keep On Rising In Next 6 Months
Bitcoin, after seven weeks of repeated failed attempts, finally managed to move past the $21,000 price threshold. According to tracking from Coingecko, at the time of this writing, the maiden crypto is trading at $21,392 after going up by 5% over the last 24 hours. In doing so, Bitcoin also managed to increase its total market capitalization which now stands at $410.71 billion. This sudden surge also helped the overall valuation of the crypto market to increase… Source link
Read More »Big Eyes Coin, Litecoin, Floki Inu and More
The market is entering a recovery, and many investors are now looking to recalibrate their portfolios in preparation for the next bull market. There are over 12,000 different cryptocurrencies to choose from, and each has a set of characteristics that could make it the next best investment; it is difficult to spot the trees through the forest. So how do you identify the best cryptocurrencies to invest in in 2022? What… Source link
Read More »Litecoin Mining Difficulty Is Hitting New Highs, Foundation Says – CoinDesk
The price of LTC is holding steady, trading at $68.04 at the time of publication. However, on Wednesday, LTC’s price spiked 13% in a single day, probably due to payments giant MoneyGram’s announcement that its U.S. customers will soon be able to buy, sell and hold LTC, bitcoin (BTC) and ether (ETH) in the MoneyGram mobile app. Source link
Read More »Ethereum inches even closer to total censorship due to OFAC compliance
Considering that protocol-level censorship is deterrent to the crypto ecosystem’s goal of highly open and accessible finance, the community has been keeping track of Ethereum’s growing compliance with standards laid down by the Office of Foreign Assets Control (OFAC). Over the last 24 hours, the Ethereum network was found to enforce OFAC compliance on over 73% of its blocks. Ethereum sporting 73% OFAC-compliant blocks. Source: mevwatch.info In Oct. 2022, Cointelegraph reported on the Source link
Read More »Why is Bitcoin price up today? By Cointelegraph
Why is Bitcoin price up today? price is up on Nov. 4, and a market-wide rally in crypto prices suggests that Bitcoin (BTC) , (BNB) and Ether (ETH) are starting the month of November in the black. Bitcoin and the market are fighting back after the Federal Reserve’s Nov. 2 announcement of a 0.75 basis point interest rate hike which at first had a positive impact on equities and cryptocurrency markets, then led to a market downturn. BTC price. Source: Cointelegraph Crypto market… Source link
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