Bitcoin traded little changed Monday morning in Asia, holding above a four-month high of US$22,000 amid a broader rally over the weekend, helped by comments from a U.S. Federal Reserve official backing a smaller interest rate increase at the central bank’s meeting at the end of this month. Ether was also little changed in a mixed morning for the top 10 non-stablecoin cryptocurrencies. Dogecoin led gains, while Solana posted the biggest loss. See related article: Crypto is second most owned… Source link

Litecoin receives a strong long-term technical score of 91 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. LTC currently holds a superior long-term technical analysis… Source link

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The daily timeframe remained bullish, but a pullback could occur. On-chain metrics and a positive funding rate also highlighted bullish expectations. Litecoin retested the bullish order block at $81.6 and bounced to trade at $88.6 at the time of writing. More gains are expected, and the zone of resistance at $104 can be… Source link

Ethereum (ETH) creator Vitalik Buterin says that the leading smart contract platform faces a serious obstacle, but that a relatively simple solution could help immensely. In a post on his blog, Buterin says that privacy is one of the largest remaining challenges that Ethereum faces today. “By default, anything that goes onto a public blockchain is public. Increasingly, this means not just money and financial transactions, but also ENS (Ethereum Name Service) names, POAPs (Proof… Source link

While business leaders showed cautious optimism at this year’s World Economic Forum (WEF) in Davos, Switzerland, the same sentiment wasn’t felt for crypto. Compared to before, the once buzzy area of finance had a much smaller presence. As our Jennifer Schonberger put it, “gone were the crypto houses every ten feet, bitcoin-themed pizza stalls and advertising from previous years.” “I think regulated transparent infrastructure like ours is well-suited for this environment,” Jeremy… Source link

Place/Date: – January 22nd, 2023 at 11:44 am UTC · 4 min read Source: Snowfall Protocol The general crypto market has seen significant upward price movement for over a week. The total crypto market cap gained about $156 billion – and the price surge has raised interest in many innovative projects. Decentraland has bounced from key support levels, but Monero is still falling hard. Snowfall Protocol, a new cross-chain solution, is one of the top gainers, with more than 800% rise…. Source link

Monero receives a strong long-term technical score of 88 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. XMR currently holds a superior long-term technical analysis… Source link

New data reveals that the Shiba Inu (SHIB) holdings of the world’s largest Ethereum (ETH) whales have grown by hundreds of millions of dollars in less than a week. According to whale-surveying platform WhaleStats, the top 1,000 ETH whales have gobbled up $422 million worth of the meme asset since January 17th. Previously, it was reported that the same whales had about $168 million worth of SHIB, meaning they increased their holdings of the Dogecoin (DOGE) competitor by a… Source link

On January 22, the second leading cryptocurrency, Ethereum, opened the day at $1,626.68. It has reached the maximum value of $1,635.64 and the lowest value of $1,609.35. ETH/USD is trading at $1,625.85, down by 0.84% in 24 hours. Moreover, the price has increased by almost 5% in a week. Raised Active Ethereum Addresses The number of Ethereum addresses with a balance greater than zero is steadily increasing. According to Glassnode… Source link

A closely followed crypto strategist says a major shift in trend could be underway for Bitcoin (BTC). In a new video, crypto analyst Kevin Svenson tells his 120,000 Twitter followers that a bullish macro shift is happening now for Bitcoin. “We are now breaking the largest falling wedge in Bitcoin’s history. It stems back from 2021 to 2022 to 2023… We are starting to break out. We’ve got to, of course, get some daily and weekly closes above this trendline, but this could… Source link