In this episode of NewsBTC’s all-new daily technical analysis videos, we are looking at Litecoin, the LTCBTC and LTCETH trading pairs, and how the cryptocurrency could lead the crypto rally and outperform both Bitcoin and Ethereum. Take a look at the video below. VIDEO: Litecoin Price Analysis (LTCUSD): August 29, 2022 Litecoin went from an enthusiast favorite during the 2017 bull run to one of the most hated coins due to its laggard tendencies and limited design. Although naysayers do… Source link

According to data from BestBrokers, Ethereum staking solutions remain popular as the network gears up for “The Merge”. In the event that will complete this network transitions to Proof-of-Stake (PoS), users seem to be piling up for a shot at receiving a portion of the rewards for securing the network. Currently, Ethereum operates with a Proof-of-Work (PoW) algorithm that requires users to participate in a process of solving mathematical problems to validate… Source link

tobiasjo/iStock via Getty Images Thesis Summary With the Ethereum (ETH-USD) merge right around the corner, investors are beginning to place their bets on the outcome. There are at least three possible scenarios, if not more, and specific financial instruments have been designed for betting on any of these outcomes. In this article, I look at the history of Ethereum’s forks to try to gain some insight into what could happen and lay out my expectations as to what will happen to Ethereum in the… Source link

The crypto market is yet to recover from a spike in selling pressure over the weekend, with Ethereum and other cryptocurrencies almost reaching double-digit losses. Bitcoin has been one of the worst performers these past few days and might weaken during September. In the coming weeks, market participants will have their attention set on the Ethereum “Merge”, the event that will complete this network’s migration to a Proof-of-Stake (PoS) consensus. The narrative surrounding this event… 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

The rampage continues for Ethereum as the alt faltered in the market on 28 August. Investors are elated to see that the Merge is finally happening after a series of delays over the past year. But Ethereum is facing a torrid time in the market with trader expectations taking a massive hit at least until the Merge. The prized altcoin has now lost the $1,500 support line and has been hovering below it for the past two days. Despite a couple of rare surges, ETH continues to lag in… Source link

Monero was launched in 2014 to make anonymous cross-border transactions without a central authority. It helps to disguise the senders’ and receivers’ information and amounts related to transactions. However, it follows an egalitarian approach in the community for supporting and developing the virtual currency and network. It does not have a fixed coin supply like Bitcoin, so many investors are not investing for long-term capital gain. The users will buy XMR for transactions and for… Source link

Litecoin [LTC] also referred to as the ‘silver’ to Bitcoin’s ‘gold’, registered a plunge in price over the last week along with several other cryptos. However, the point that sets Litcoin apart from others is that it also showed better signs of recovery in the last 24-hour period as its performance increased by more than 2%. The growth registered by LTC in the last 24 hours was even more than top cryptos like Bitcoin and Ethereum. At press time, Litecoin was… Source link

Bitcoin can go sideways and south, but as we speak, the world’s most popular – and resilient crypto – is alive and kicking. The Wolf of Wall Street, like every other analyst and market expert, makes mistakes, especially on predicting the fate of Bitcoin. Belfort recently gave an interview where he said he was wrong about the future of Bitcoin and that he had made some incorrect forecasts. In 2017, Jordan Belfort predicted that Bitcoin will resemble a fraud… Source link

The cryptocurrency market, especially Ethereum, continues to see red signals throughout the ecosystem. However, despite such cautionary signs, stakers & holders continue to build their Ethereum (Merge) castle. Falling, but not dead The crypto-industry shed 6.8% of its value within the last 24 hours, with over $300 million positions liquidated in the bloodbath. Ethereum, the market’s largest altcoin, might have suffered the most here. In fact, at press time, ETH’s value had… Source link