Cryptocurrencies have been around since Bitcoin’s (BTC) inception in 2011, but the growth of the crypto space over the past few years has been jaw-dropping. As more people learn about cryptocurrencies, their popularity keeps growing. The introduction of utility tokens has further exploded the excitement cryptocurrencies create. Alongside popular Solana (SOL) and Litecoin (LTC), HachiFi (HACHI) — a new utility token — can surpass popular top cryptocurrencies in value. Here… Source link

According to the latest CryptoCompare report, Ethereum continues in its bull run, outperforming the market in both July and August. Ethereum-based products benefit from the rise Ethereum-based products led the rebound in July and continued to outperform in August. AUM (Assets under Management) for Bitcoin-based products fell 7.16% to $17.4 billion, while Ethereum-based products posted gains of 2.36 percent to $6.81 billion.  In fact, even at a more granular level, no Bitcoin products… Source link

Data from on-chain monitoring resource BTC.com confirms that on Aug. 31, Bitcoin’s network difficulty hit new all-time highs. Bitcoin seals biggest difficulty jum since start of 2022 Despite the recent BTC price drawdowns, Bitcoin’s network fundamentals are telling an optimistic tale as August comes to a close. Both difficulty and hash rate are climbing, reflecting conviction among miners over long-term profitability of their network participation. It also suggests that the mining sector is… Source link

In a world where nothing seems functional anymore, especially in finance, there is a call to develop sustainable markets for income generation. So far, blockchain technology has done that. Users are provided with platforms that provide freedom and control over assets. This was virtually unimaginable a few years ago.  Today, individuals can make massive profits from the comfort of their homes, transact value without… Source link

AlessandroPhoto Thesis Summary Bitcoin (BTC-USD) briefly slipped below $20,000, following what many took as bearish remarks by Jerome Powell at Jackson Hole on Friday. The broader crypto market also experienced weakness throughout the weekend but has since recovered well. It seems to me like the current outlook and expectations are very bearish, which seems like a bullish indicator. The more people expect things to get worse, the more likely we get a bullish surprise. Bitcoin is trading near… Source link

Litecoin (LTC) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Digital Money has fallen 3.17% to $53.59. InvestorsObserver is giving Litecoin a 23 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Low Volatility InvestorsObserver gives Litecoin a low volatility rank of 23, placing it in the bottom 23% of cryptos… Source link

Tl;dr: The following post recaps this episode of Coinbase’s Around The Block podcast in which Viktor Bunin hosts Coinbase CEO Brian Armstrong and Ethereum co-founder Vitalik Buterin discuss decentralization, privacy, and a credibly neutral Ethereum. By Viktor Bunin, Senior Protocol Specialist at Coinbase Cloud After 7 years of research and development, the Merge is just around the corner. A crowning achievement, the Merge will finally transition Ethereum from Proof-of-work (PoW) to… Source link

The Litecoin price has struggled for the past four trading sessions and has traded in a sideways market. Today, it is down by 2 per cent and on course to wipe out gains made yesterday. Litecoin is one of the most positively correlated cryptocurrencies with major coins such as Bitcoin. For the past few weeks, Bitcoin and the entire cryptocurrency industry have been struggling in the markets. The Bitcoin prices have been seesawing around the $20,000 price level for more than a week now. Due… Source link

Bitcoin (BTC) fell back below $20,000 after the Aug. 30 Wall Street open as data showed hodlers selling at a loss. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView June lows look increasingly attractive Data from Cointelegraph Markets Pro and TradingView captured the latest dive below the 2017 bull market peak for BTC/USD, with United States equities dropping in step. The S&P 500 and Nasdaq Composite Index lost 1.1% and 1.25% in the first hour, respectively, while BTC/USD shed 2.5%… Source link

Text size Bitcoin prices have collapsed this year amid a wider selloff in risk-sensitive assets. Dreamstime … Source link