Since March 2022, traders and so-called analysts have been forecasting a policy change or pivot from the United States Federal Reserve.  Apparently, such a move would prove that the Fed’s only available option is to print into oblivion, further diminishing the value of the dollar and enshrining Bitcoin (BTC) as the world’s future reserve asset and ultimate store of value. Apparently. Well, on Nov. 2, the Fed raised interest rates by the expected 0.75%, and equities and crypto rallied… Source link

Billionaires, take note. It’s one million times cheaper to send huge sums of money on the Bitcoin (BTC) blockchain. A Bitcoin user sent over 50,562 BTC ($1 billion) to an address on the blockchain, paying a fee of just 2,513 Satoshis (the smallest denomination of a Bitcoin), equivalent to half a dollar for the pleasure.  Transaction sankey diagram showing fees, value and time. Source: mempool The unknown wallet address paid a tiny fraction (less than 0.0001%) of the total value transacted…. Source link

The global crypto market has seen a positive trend as its value has improved significantly. The performance of Bitcoin, Binance Coin, and others has shown enhancement. As the market has seen a boost, its gains are likely to increase. The previous few days have proved tough for the market as it couldn’t continue bullish. The regressive trend had proved detrimental to new gains as investors were cynical of their investments. The new change is likely to bring the market to new highs. New… Source link

Gamza Khanzadaev Crypto market is up $1 trillion again on good “bad” news as bull rally may be in play The two largest cryptocurrencies, Bitcoin and Ethereum, soared on the back of today’s poor U.S. unemployment report. At the same time, total crypto market capitalization has once again reached the all-important $1 trillion mark. Source: TradingView Despite rising unemployment, the price of BTC increased by almost 5%, while the price of ETH soared by 8.5%. It would seem that with a… Source link

The Bitcoin price is regaining bullish momentum over today’s trading session, retracing the losses seen early in the week. Once again, the cryptocurrency is under the influence of macroeconomic forces working in its favor for the first time in months. At the time of writing, the Bitcoin price trades at $21,000 with a 4% profit in the last 24 hours and seven days, respectively. Other cryptocurrencies in the crypto top 10 are displaying similar strength, with… Source link

Litecoin price confirms a bullish outlook bolstered by a symmetrical triangle breakout. Litecoin’s hashrate spikes to 536.70TH/s amidst improved investor and miner confidence in the network. A supply area at $71.05 could poke holes in LTC’s bullish outlook. Litecoin price prepares to usher in the weekend in style as it climbs the ladder hoping to tag $83.83. Most technical indicators flipped bullish when LTC rebounded from support at $50.50. A subsequent move past… Source link

© Reuters Litecoin Climbs 10% As Investors Gain Confidence Investing.com – was trading at $66.740 by 09:26 (13:26 GMT) on the Investing.com Index on Friday, up 10.31% on the day. It was the largest one-day percentage gain since November 2. The move upwards pushed Litecoin’s market cap up to $4.729B, or 0.45% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $61.690 to $67.220 in the previous twenty-four… Source link

Bitcoin (BTC) headed toward $21,000 on Nov. 4 as bulls attempted to reclaim lost ground. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it rose overnight to put in new daily highs of $20,683 on Bitstamp. $21,000 sell wall proves ugly While so far a lower high on hourly timeframes compared to the Nov. 1 and 2 spikes, the move served to make up for losses, which came on the back of the Federal Reserve interest… Source link

The meme coin sector has seen significant growth in the past seven days, with Dogecoin (DOGE) rising by 90% at the time of writing. Additionally, Litecoin (LTC), Bitcoin’s (BTC) alternative, has increased its market capitalization by 11.03% in twenty-four hours at the time of writing. So, can Big Eyes Coin (BIG) rival Litecoin in active users? The new meme token has raised $9.34 million in its dazzling presale thus far. The innovative ecosystem of Big Eyes Coin has promised to shift… Source link

It seems to have been a slow year for the crypto market in 2022, but there is a promise as things are expected to pick up by 2023. With a lot of coins at a momentary low, it is a great time to buy into great projects, and Big Eyes Coin (BIG), Cosmos (ATOM), and Litecoin (LTC) provide a suitable option for users who aim to make gains in 2023. Big Eyes Coin (BIG) is Bringing Hype and Cuteness to the Meme Coin Industry The Big Eyes Coin (BIG)… Source link