News Home Sunday, September 18, 2022 07:01 PM | InvestorsObserver Analysts InvestorsObserver gives Litecoin a strong long-term technical score of 83 from its… Source link

Bitcoin noted some upside over the last 24 hours following a brief recovery back above $20,000. Investors that have kept a close eye on its performance over the last few weeks may have noticed its confinement within a tight range. However, it might be closer to the tail end of this range, and things are about to get more interesting. Bitcoin has been stuck between the $19,000 and $24,000 levels for more than a few weeks now. It exited this range only a few times since June,… Source link

Popular crypto analyst Benjamin Cowen says that he expects Ethereum (ETH) to witness significant levels of pain as Bitcoin (BTC) and the equities market hint at downward moves. In a new strategy session, the technical analyst tells his 768,000 YouTube subscribers that the NASDAQ, S&P 500, Bitcoin and Ethereum all look ready to at least test recent lows. With Ethereum being significantly more volatile than Bitcoin and the stock market, Cowen points out that ETH’s critical… Source link

Editah Patrick Editah is a versatile fintech analyst with a deep understanding of blockchain domains. As much as technology fascinates her, she finds the intersection of both technology and finance mind-blowing. Her particular interest in digital wallets and blockchain aids her audience. Source link

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 If you’re a Bitcoin holder, there are plenty of good reasons why you aren’t happy. After all, when you bought into the world’s largest cryptocurrency, the expectation was it would soon hit $100k on the charts. However, that hasn’t happened. In fact, one could argue that the crypto has moved in the… Source link

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 Ethereum [ETH], the second-largest cryptocurrency in the market, successfully completed its long-awaited switch from proof-of-work to proof-of-stake PoS recently, ushering in a new era for the network. Although there was excitement during and immediately after the Merge, as the changeover is often known, driving… Source link

Leading cryptocurrency Bitcoin found another ally in macroeconomist Luke Gromen who recently claimed that the United States could gain benefits if it begins to view the digital currency as an asset and not as any kind of threat. Gromen made his statement during his appearance on a September 14 podcast hosted by Natalie Brunell. Gromen is well-respected in the finance research world for his ability to provide a comprehensive analysis of global and topical… Source link

Leading cryptocurrency Bitcoin found another ally in macroeconomist Luke Gromen who recently claimed that the United States could gain benefits if it begins to view the digital currency as an asset and not as any kind of threat. Gromen made his statement during his appearance on a September 14 podcast hosted by Natalie Brunell. Gromen is well-respected in the finance research world for his ability to provide a comprehensive analysis of global and topical… Source link

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with today’s editing by Eleanor Pahl and Rob Mitchell. Research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “Razor Red” by Sam Barsh and “The Life We Had” by Moments. Image credit: JuSun/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8. Source link

Following the completion of The Merge upgrade, Ethereum (ETH) transitioned into a proof-of-stake (PoS) consensus mechanism, helping the blockchain become energy efficient and secure. However, mining data reveals Ethereum’s heavy reliance on Flashbots — a single server — for building blocks, raising concerns over a single point of failure for the ecosystem. Flashbots is a centralized entity dedicated to transparent and efficient Maximal Extractable Value (MEV) extraction, which acts as a… Source link