As a disclaimer, the volume data comes from skew, which aggregated across seven trusted exchanges (Kraken, LMAX Digital, ItBit, Bitstamp, Gemini, Coinbase and FTX). As such, the absolute volume number is understated, but it works for comparison purposes. Source link

The upcoming Ethereum merge is being considered a big crypto project event. The community sees this as a significant factor in rallying the ETH price in the future. Therefore, as the date of merge, September 15, is approaching, the Ethereum network is attracting a significant increase in activity. According to data from Ethereum-focused blockchain research firm, Etherscan, the network has 204,571,827 total wallet addresses as of September 2. Similarly, the… Source link

Ethereum (ETH) creator Vitalik Buterin has an idea for what the state of Bitcoin (BTC) will look like twenty years from now. In a new interview with economist Noah Smith, Buterin says that in the medium term, he thinks crypto assets will become about as volatile as gold or the stock market, moving away from the big bubble and crash phases of the past. The crypto visionary also says that even though crypto could satisfy a few key narratives in the next two decades, mainstream… Source link

Arman Shirinyan Ethereum might show us more volatility in upcoming week as price reaches important local support Following some positivity in the last week of trading, Ethereum has entered the short-term local correction trend and will most likely be tested in the upcoming week as it reaches the important support level that stayed intact for the last 50 days. The drop below it will mark the continuation of the downtrend. The trendline support we have mentioned is the line that… Source link

The flexibility behind running Bitcoin (BTC) mining operations can be vital to solving the real-world problems that stand in the way of the energy industry, suggests Arcane research. One of the biggest concerns authorities raise when it comes to Bitcoin’s mainstream adoption is its energy requirements. While innovations in chipset manufacturing have helped reduce operational costs related to Bitcoin mining, a report from Arcane reveals the market’s potential to transform the energy… Source link

News Home Saturday, September 03, 2022 05:05 PM | InvestorsObserver Analysts InvestorsObserver gives Litecoin a strong long-term technical score of 89 from its… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Litecoin [LTC] has not seen a large amount of volatility in recent weeks, relative to the rest of the altcoin market. The past month saw LTC range between $52 and $64, a modest 22% price difference measured from the bottom. In the meantime, Bitcoin [BTC] slipped below the $20.8k support after a firm rejection at $24k in mid-August. The USDT… Source link

Text size Bitcoin rose to above $20,000 after the U.S. jobs report was released Friday but has pared those gains and has fallen back below that level. Dreamstime … Source link

Ethereum’s native token, Ether (ETH), is not immune to downside risk in September after rallying approximately 90% from its bottom of around $880 in June. Much of the token’s upside move is attributed to the Merge, a technical upgrade that would make Ethereum a proof-of-stake (PoS) protocol, slated for Sep. 15. But despite logging impressive gains between June and September, Ether still trades almost 70% below its record high of around $4,950 from November 2021. Therefore, its possibility… Source link

This week in coins. Illustration by Mitchell Preffer for Decrypt. The prices of crypto market leaders Bitcoin and Ethereum typically move together. But some weeks form an exception, and this was just such a week.  Bitcoin, the No. 1 cryptocurrency in the world with a $380 billion market cap, fell another 2% over the past week and trades for around $19,860 on CoinMarketCap at the time of writing on Saturday morning. Ethereum, the No. 2 crypto asset with a market cap of $190 billion, rose a… Source link