Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Coinglass data showed $364 million worth of liquidations over the past 24 hours. This came in the wake of a 7% drop in Bitcoin’s [BTC] price within the past day. Litecoin [LTC] followed in the footsteps of Bitcoin, alongside the rest of the altcoin market. The longer-term view for Litecoin was to look for opportunities within the range LTC… Source link

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

Ethereum founder Vitalik Buterin said on Tuesday that the Ethereum merge is on target to happen “around” September 13 to September 15. That’s when the world’s second largest cryptocurrency will jettison its energy-intensive proof-of-work consensus mechanism. How will that shift affect Bitcoin, which still stands alone atop the crypto market and still uses proof of work?  Shifting sands The merge is only the latest Ethereum blockchain upgrade aimed at creating a reliable decentralized… Source link

Cryptocurrencies are becoming increasingly popular daily, with new coins popping up all the time. In this blog post, we’ll take a look at two of the most promising coins out there right now: RoboApe (RBA) and Litecoin (LTC). Both of these coins have great potential and are sure to make an impact in the months to come. So what are you waiting for? Keep reading to… Source link

Monero (XMR) has been relatively less volatile when compared to other cryptocurrencies. So far Wednesday, the Digital Money has declined 6.61% to $145.11. InvestorsObserver is giving Monero a 22 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero! Low Volatility InvestorsObserver gives Monero a low volatility rank of 22, placing it in the bottom 22% of cryptos on the market. The Volatility… Source link

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

Litecoin price analysis today is bearish as the cryptocurrency has slipped below $60 again. The LTC/USD pair had been following an ascending parallel channel for some time but failed to break out of it and instead dropped sharply. The pair is currently trading at $54.15 and is facing immediate resistance at $60.33, However, a break above this level is necessary for further upside. Support for Litecoin is presently at $53.30, and if this level is breached, Litecoin might drop all the way… Source link

We’ve spent the past several weeks of this newsletter wading into deep technical and philosophical debates around future of Ethereum – with topics ranging from maximal extractable value (MEV), to the threat of censorship on Ethereum, to what makes a ‘true’ zero-knowledge Ethereum Virtual Machine, or zkEVM. But now, at long last, the Ethereum Merge is finally around the corner. This week, I’d like to take a step back and quickly address a few of the myths and misconceptions that have… Source link

Merge-related cryptocurrencies, including Ethereum (ETH), Ethereum Classic (ETC), and Lido Finance (Lido), have posted severe losses over the past 24 hours. Ethereum dropped 8.82% over the past 24 hours and trades at around $1,515 after bouncing off from its support at $1,500 earlier today. Ethereum is now down 68.95% from its all-time highs of $4,891.70 recorded in November 2021, per data from CoinMarketCap. On a weekly note, ETH is down 4%, hitting a new weekly low after the months-long… Source link

Text size Crypto prices took their latest dramatic leg downward late Tuesday. Dusan Zidar/Dreamstime … Source link