It is not surprising that Bitcoin (BTC), being the first cryptocurrency, is considered the king of cryptocurrencies. This title is backed by the explosive growth of the price of Bitcoin over the years.  Litecoin (LTC), on the other hand, could be considered the red-headed stepchild of the crypto world. Chances are that few people would guess that Litecoin is the second oldest cryptocurrency. The price performance of LTC over the years has also been impressive. But it still seems to be… Source link

Monero is a cryptocurrency that focuses on privacy and was introduced in 2014. It is an open-source protocol with an opaque blockchain. Monero prioritizes anonymity and privacy. One distinguishing feature is its privacy. Its anonymity, on the other hand, also makes it prone to illicit activities by bad actors. Monero is a proof-of-work-based blockchain, and XMR miners validate and add transactions to its blockchain. But there is one key feature that makes it stand out. That is its tail… Source link

The Ethereum blockchain that underlies the second-largest cryptocurrency by market capitalization is about to go through a historic software upgrade that will change it forever. The upgrade, known as “the Merge,” has been in the works for more than two years after being delayed multiple times. It will reduce the network’s power consumption by more than 99% by making the entire blockchain more energy-efficient. The upgrade is planned to be completed on Sept. 15. Blockchain… Source link

Bitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report. Tomorrow’s payrolls are expected to come in at 300,000 jobs, which is lower than July’s 528,000 figure. Ethereum also declined, as the price moved away from the $1,600 region. Bitcoin Bitcoin (BTC) briefly fell below $20,000 on Thursday, as crypto traders began to anticipate tomorrow’s non-farm payrolls report. Following an additional 528,000 jobs in the U.S…. Source link

The Metaverse prioritizes community interactions. A critical element that will take the Metaverse to new heights is the Big Eyes Coin (BIG). Suppose you’ve heard about the upcoming so-called Merge. In that case, you might be wondering what this means for you, regardless of whether you are extremely into cryptocurrency and keep up with all the most recent developments in the field or own a small amount of cryptocurrency through a platform like Coinbase. The value of the market as a whole… Source link

Top cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), have posted severe losses over the past week. Bitcoin, the leading cryptocurrency with a market capitalization of roughly $382 billion, has plummeted 7.9% over the past week. It trades at around $19,990, down 1.6% over the past 24 hours, per data from CoinMarketCap. Bitcoin held range-bound this week, trading between a weekly high of $21,804.91 and a low of $19,600.79. The week’s bearish price action puts Bitcoin down… Source link

Bitcoin (BTC) has sealed its worst August performance since 2015 after the monthly candle closed down 13.9%. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Weekly candle “doesn’t look good” Data from Cointelegraph Markets Pro and TradingView confirms that BTC/USD finished the month at $19,990. A knock to bulls’ efforts to stabilize spot price, the August close was only the second monthly candle finish below the $20,000 mark (depending on the exchange used) since late 2020. BTC/USD… Source link

The Golden State of California may be America’s most inquisitive state about Bitcoin (BTC) and Ethereum (ETH), new data from CoinGecko has revealed.  In a report shared by CoinGecko, internet users from California accounted for a whopping 43% of all Bitcoin and Ethereum web traffic searches on the crypto tracking website. This is despite the entire state population only accounting for 11.9% of the U.S. population. Bobby Ong, COO and co-founder of CoinGecko said it was “unsurprising” that… Source link

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Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – It was another day of underwhelming activity in the crypto market as prices traded flat in the absence of any major developments, which is typical for crypto winters.  Data from TradingView shows that several attempts by bears to hammer the price of Bitcoin (BTC) below… Source link