Monero (XMR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Digital Money has declined 1.48% to $167.92. InvestorsObserver is giving Monero a 25 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero! Moderately Volatile InvestorsObserver gives Monero a moderate volatility rank of 25, placing it in the bottom 25% of cryptos on… Source link

The FOMC boosted the interest rate by a robust 75 basis points in July, part of an ongoing hawkish, monetary campaign to tame inflation, which has hit four-decade highs in recent months. The committee, which meets regularly to set U.S. monetary policy, is widely expected to increase the rate similarly at its September meeting. Source link

Litecoin (LTC) gets a bearish rating from InvestorsObserver Wednesday. The coin is up 0.28% to $60.91 while the broader crypto market is down 0.68%. Litecoin has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Bearish Over the last five days, Litecoin has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of… Source link

As one of the earliest cryptocurrencies, the growth of Litecoin [LTC] has left many investors disappointed. Despite matching up to Bitcoin [BTC] at some point, LTC seems to have found comfort in the midst of mediocrity as per its development over the years. The year 2022 may have been termed worse for LTC but its recent 6.12% price increase at press time looks to be working against the label. As per CoinMarketCap, LTC was trading at $64.07— a 9.82% seven-day increase at… Source link

Bitcoin (BTC) dropped to weekly lows at the Aug. 17 Wall Street open as upcoming Federal Reserve comments unsettled risk assets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar climbs as Fed minutes due Data from Cointelegraph Markets Pro and TradingView tracked a more than 2% daily decline on BTC/USD, which hit $23,325 on Bitstamp. Already showing signs of weakness, the pair slid further as United States equities began trading, hours before the Federal Open Markets Committee… Source link

Published 18 mins ago A rising wedge pattern governs the ongoing recovery in the LTC/USDT pair. Following this pattern, altcoin surged 63% and formed a local top at the $64.5 mark. However, the very nature of this pattern is to resume the prevailing downtrend once the price breaches its rising support trendline. Key points from LTC analysis:  The LTC price nearing the apex of the wedge pattern may soon lead to a breakout action The 20-and-50-day EMA flipped into a viable… Source link

“The legal conception of ‘facilitation’ or ‘aiding/abetting’ can be very broad,” Shapiro wrote in a message to CoinDesk. “Validators who do not propose a block containing a sanctioned [transaction], but nevertheless sign an attestation for that block as part of the sequence of events leading to that block becoming finalized, might be guilty of facilitating or aiding/abetting the sanctioned [transaction], and thus might be violating sanctions laws (or other laws, as applicable).” Source link

Arman Shirinyan Ether has flipped Bitcoin in one important metric, which may set trend for future Ahead of the fundamental Merge update, Ethereum’s trading activity is blossoming with the options open interest overtaking Bitcoin for the first time in history, which technically becomes the first flippening of Bitcoin by Ether, just not in terms of market dominance. Ethereum options open interest have reached $8.2 billion, while Bitcoin’s options open interest is somewhere around $5.4… Source link

John Palmer John Paul is an enthusiastic crypto writer with an interest in Bitcoin, Blockchain, and technical analysis. With a focus on daily market analysis, his research helps traders and investors alike. His particular interest in digital wallets and blockchain aids his audience. Source link

Bitcoin (BTC) returned to range resistance on Aug. 17 amid ongoing concerns that a retracement is imminent. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView No success for Bitcoin bulls Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $24,448 on Bitstamp, up 3.25% from the previous day’s low before diving $600 in under an hour. The momentum gained speed on the day, but the bulls faced familiar resistance at levels keeping them broadly in check since… Source link