Editah Patrick Editah is a versatile fintech analyst with a deep understanding of blockchain domains. As much as technology fascinates her, she finds the intersection of both technology and finance mind-blowing. Her particular interest in digital wallets and blockchain aids her audience. Source link

Fifty-one days have passed since Bitcoin (BTC) last closed above $24,000, causing even the most bullish trader to question whether a sustainable recovery is feasible. However, despite the lackluster price action, bulls have the upper hand on Friday’s $510 million BTC options expiry. Bitcoin index/USD 1-day price. Source: TradingView Investors have been reducing their risk exposure as the Federal Reserve raises interest rates and unwinds its record $8.9 trillion balance sheet. As a result, the… Source link

The Litecoin price is up by a percentage point in today’s trading session. The price gain follows days of an aggressive bearish move by the cryptocurrency. Today’s price gain is also a reversal of the past five trading sessions that have closed with Litecoin losing.  Litecoin Price Analysis The daily chart below shows Litecoin is up by a percentage point. The trading session also shows that today’s move to the upside may be a reversal of the past week. Looking at the data, Today’s… Source link

Text size Crypto prices have been on a tear over the past month, with Bitcoin gaining almost 25%. Dreamstime … Source link

Despite crypto market turbulence, active contributors across Bitcoin, Ethereum and Solana’s top projects have increased by an average of 71.6% per year since January 2018, according to a new report. The findings come from a Tuesday report sent to Cointelegraph by technology investment firm Telstra Ventures, which found that Solana had the most significant annual increase in monthly-active contributors, growing at a compound annual growth rate of 173% since January 1, 2018. Contributors are… Source link

XRM Token is down by 1.3% over the last 24 hours The pool sees a total hashrate of 1.05 Gh/s  It controls 42% of the entire network hashrate Monero is the most famous security token in space, and financial backers have rushed to it because of the secrecy it gives. Its people group is boundless with a lot of diggers, however, one mining pool has overwhelmed the hashrate of the protection coin previously.  Minexmr, which is the biggest mining pool, has, nonetheless, reported that it will… Source link

On-chain data shows the number of active Ethereum addresses has recently spiked up to a new all-time high. Here’s what happened in the past when the metric reached such high values. Ethereum Active Addresses Surge To A New All-Time High As pointed out by an analyst in a CryptoQuant post, a signal that has usually been bearish for the price of the crypto has gone off recently. The “active addresses” is an indicator that measures the total number of Ethereum wallet addresses that showed… 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

Litecoin (LTC) gets a neutral rating from InvestorsObserver Tuesday. The crypto is down 2.04% to $58.54 while the broader crypto market is up 1.55%. Litecoin has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Neutral Over the last five days, Litecoin has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of… Source link

Bitcoin (BTC) saw volatility after the Aug. 2 Wall Street open amid ongoing market reactions to tensions between the United States and China. BTC price U-turns as Pelosi lands in Taipei Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking above $23,000 on the day as news came in that Nancy Pelosi, speaker of the U.S. House of Representatives, had landed in Taipei, Taiwan after warnings of retaliation from Beijing. The visit, which had raised concerns of a major incident… Source link