Monero (XMR) gets a bearish rating from InvestorsObserver Thursday. The Digital Money asset is down 3.78% to $140.37 while the broader crypto market is down 0.64%. Monero has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Bearish Over the last five days, Monero has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the… Source link
Read More »Bitcoin Flat as Volatility Hits 2-Year Low and Stocks Rise – CoinDesk
“The bottom line here is that markets still do not have a solid handle on when the current rate cycle will end,” Nicholas Colas, co-founder of DataTrek Research, wrote in a Thursday note. “As long as that is the case, it is hard to see U.S./global equities staging a convincing rally.” Source link
Read More »Veteran Trader John Bollinger Says Litecoin Fizzling Out, Updates Outlook on Ethereum and Bitcoin
Seasoned trader and creator of the Bollinger Bands technical indicator, John Bollinger, believes that a once-promising trade setup on Litecoin (LTC) is on the verge of fizzling out without a payoff. The trader tells his 226,300 Twitter followers that after Litecoin’s “prolonged squeeze” as depicted on the Bollinger Bands indicator, the 22nd-largest crypto asset by market cap risks fizzling out. “This is why I don’t love prolonged squeezes, nice setups often just fizzle… Source link
Read More »Ethereum Has a Dominant and Unassailable Position: Paul Brody – CoinDesk
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link
Read More »Bitcoin faces tough daily resistance as BTC price matches UK pound volatility
Bitcoin (BTC) showed no signs of a breakout on Oct. 20 as tantalizing sideways action dragged on. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst: Bitcoin range “congested and critical” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD firmly rangebound at around $19,000 overnight, moving only around $400 up or down. United States equities opened with no significant volatility, this focused more on the United Kingdom, where the pound reacted to news that Liz… Source link
Read More »What Is Bitcoin? – The Defiant
Bitcoin is the world’s first peer-to-peer (P2P) digital payment network, producing a restricted supply of BTC cryptocurrency. Its greatest innovation is the ability to transfer assets — digital tokens — from one party to another without the need of intermediaries such as banks or payment services. Cornerstone As a result, Bitcoin has changed the understanding of money. Ever since Bitcoin was released in 2009, more than 10,000 cryptocurrencies have hit the market, including… Source link
Read More »What is Monero? – Forbes Advisor Australia
At the time of writing in late October, Monero (XMR) is worth US$143.35 according to CoinMarketCap data. Monero’s market capitalisation (market cap) currently sits at US$2,651,700,339. Market cap is a cryptocurrency’s current price multiplied by its circulation supply. Monero has experienced a downward value trend in the past year. However, all cryptocurrencies across the board have experienced these lows lately. This is likely due to what is known as a ‘crypto winter’, which… Source link
Read More »Litecoin (LTC) Up 0.86% Thursday: What’s Next?
Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has increased 0.86% to $51.71. InvestorsObserver is giving Litecoin a 27 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Moderately Volatile InvestorsObserver gives Litecoin a moderate volatility rank of 27, placing it in the bottom 27% of… Source link
Read More »Ethereum prepares for another major upgrade- Everything you need to know
According to Santiment data, both the ETH exchange inflow and outflow have been declining. This is symptomatic of the sluggish behavior of on-chain and off-chain wallet holders. The Ethereum development team, on the other hand, has been moving quickly to begin the Shanghai upgrade, the next phase of the Ethereum merge. Here comes Shanghai The core Ethereum development team is starting to work on Shanghai, the next major upgrade to the Ethereum network. To that effect, a… Source link
Read More »Ethereum prepares for another major upgrade- Everything you need to know
According to Santiment data, both the ETH exchange inflow and outflow have been declining. This is symptomatic of the sluggish behavior of on-chain and off-chain wallet holders. The Ethereum development team, on the other hand, has been moving quickly to begin the Shanghai upgrade, the next phase of the Ethereum merge. Here comes Shanghai The core Ethereum development team is starting to work on Shanghai, the next major upgrade to the Ethereum network. To that effect, a… Source link
Read More »