The cryptocurrency industry is expanding, with new currencies being introduced daily. Due to their potential to produce a sizable amount of incentives and earnings, the debut of some new meme currencies over the past few months has piqued the interest of many prospective buyers. One of the recently invented canine currencies that are gaining interest quickly is Dogeliens (DOGET). Customers benefit from specific knowledge, especially those new to the world of… Source link

Text size Bitcoin prices swung around over the weekend but have steadied above recent lows Monday. Ozan Kose/AFP via Getty Images … Source link

Litecoin has made it to the list of the best altcoins to buy in 2022. But for the past 24 hours, the crypto has fallen prey to the volatility that is currently wrecking havoc in crypto space. As of this writing, Litecoin (LTC) is trading at $52.43, down nearly 1.1 percent in the last seven days, and losing 2.5 percent in the last 24 hours, data from Coingecko show, Monday. At a glance, it can be said that LTC is on the same boat with Ethereum, the world’s… Source link

Bitcoin (BTC) starts a new week staring down a wild macro environment after sealing its lowest weekly close in nearly two years. As risk assets across the global economy take a hammering and the U.S. dollar surges, the largest cryptocurrency is on a limp footing. September, having started out on bulls’ side, is now living up to its informal crypto market nickname — “Septembear” — and BTC/USD is currently down 6.2% since the start of the month. The bad news keeps coming for hodlers,… Source link

The project behind the infamous MimbleWimble upgrade, Litecoin [LTC] recently saw its hashrate hit a new all-time high (ATH). According to data from OKLink, the hashrate ATH of 511.56 TH/s was logged on 22 September.  Trading at a price level that was 87% from its ATH, LTC’s press time price was representative of a decline seen since the summer. On a year-to-date basis, the price of LTC has dropped by 64% since the beginning of the year.  The last 24 days have been marked… Source link

After chewing over the Fed’s hawkish, 75 basis point rate increase and deteriorating housing numbers, markets will be scrutinizing U.S. durable goods orders for September, the U.S. Conference Board’s latest consumer confidence index and August, new home sales. Economic observers widely expect durable goods orders to resemble last month’s total, and a drop-off in new home sales. On Friday, the University of Michigan releases its next consumer sentiment index, which measures consumer attitudes… Source link

The major United States stock market indices continued their decline last week as worsening macroeconomic conditions increased concerns of a global recession. The Dow Jones Industrial Average closed at its lowest level in 2022 and major indices recorded their fifth weekly close in the past six weeks. Although Bitcoin (BTC) has only declined marginally this week, it risks closing at the lowest level since 2020. While a new multi-year weekly close is a negative sign, sellers will have to… Source link

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Deciding what to do with your Bitcoin, as prices continue to fall, can be tough. Many believe that the tide will eventually turn and if they hold on for long enough BTC will rise to new heights. The only problem with this is that while waiting for the market to bounce back, your BTC is… Source link

Monero (XMR) gets a neutral rating from InvestorsObserver Sunday. The Digital Money asset is down 1.72% to $140.92 while the broader crypto market is down 1.5%. Monero has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Neutral Over the last five days, Monero has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance… Source link

Despite obstacles, the blockchain business is growing swiftly. Cryptocurrency platforms should continue to address problems affecting people and the global economy. Cryptocurrencies are regularly covered in the news. News of countries adopting cryptocurrency, celebrities praising cryptocurrency systems, and governments trying to halt decentralization. The world of cryptocurrency may undoubtedly be confusing to navigate. It can be difficult for new customers to choose… Source link