The cryptocurrency market has started recovering from the bear market in 2022. While coins like Binance Coin (BNB) and Monero (XMR) are making significant improvements, crypto enthusiasts are getting interested in the new hot property on the block: MetaCryp (MTCR). MetaCryp (MTCR) recently launched its pre-sale and is performing well. It is currently building its ecosystem with exciting features for users. But what is the project really about? … Source link

Metaverse tokens have reinvented virtual reality and gaming to incorporate cryptocurrency and NFTs. On the other hand, meme tokens are noted for their humorous take on crypto projects. Blockchain technology serves as the foundation for these tokens. Upon blockchain algorithm, ecosystems are built to encourage a worldwide user network to interact in a common virtual space. The world of cryptocurrencies has quite a few meme coins. They have a modest and rather intriguing beginning, but they… Source link

The cryptocurrency market has started recovering from the bear market in 2022. While coins like Binance Coin (BNB) and Monero (XMR) are making significant improvements, crypto enthusiasts are getting interested in the new hot property on the block: MetaCryp (MTCR). MetaCryp (MTCR) recently launched its pre-sale and is performing well. It is currently building its ecosystem with exciting features for users. But what is the project really about? … Source link

This week, Bitcoin’s (BTC) price took a tumble as a hotter-than-expected consumer price index (CPI) report showed high inflation remains a persistent challenge despite a wave of interest rate hikes from the United States Federal Reserve. Interestingly, the market’s negative reaction to a high CPI print seemed priced in by investors, and BTC’s and Ether’s (ETH) prices reclaimed all of their intraday losses to close the day in the black.  A quick look at Bitcoin’s market structure… Source link

Swissquote has introduced a staking service for Ethereum (ETH) — a practice of earning rewards for serving as a transaction validator in the Ethereum blockchain. The process enables users to earn dividends or interest on their Ether holdings just for depositing and holding the second largest cryptocurrency on the platform. The Swiss online bank posted on its website the terms for staking Ethereum, noting that it will provide an estimated 5.28% annual percentage yield (APY) on tokens staked… Source link

“BTC and ETH continue to defy the equity sell-off,” Tom Dunleavy, senior research analyst at Messari, told CoinDesk in an email. “If equities continue to sell off, we may continue to hold these levels as we have reached the base of long-term holders.” Source link

There are currently over 20,000 available cryptocurrencies in the market for investors to choose from. Some of these cryptocurrencies are good for investment, while the others, not so much. In the winter of 2022, many more cryptocurrencies with good prospects have downturned since the general market bias is bearish. Included are Chainlink (LINK) and Monero (XMR), which initially had the potential for enormous returns for investors but could not deliver excellent opportunities and… Source link

Bitcoin (BTC) may see more pain in the near future, but the bulk of the bear market is already “likely” behind it. That is one of many conclusions from Philip Swift, the popular on-chain analyst whose data resource, LookIntoBitcoin, tracks many of the best-known Bitcoin market indicators. Swift, who together with analyst Filbfilb is also a co-founder of trading suite Decentrader, believes that despite current price pressure, there is not long to go until Bitcoin exits its latest macro… Source link

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Throughout the month, the Litecoin price has traded within a very narrow price range of between $50 and $55. Today, the price is showing a continuation of the sideways market and is already up by a percentage point and poised to wipe out yesterday’s 2 per cent price drop. There have been a number of reasons why we have seen Litecoin trend sideways, including its significant correlation with Bitcoin. For months now, Bitcoin has also failed to establish a trend and instead has seesawed… Source link