InvestorsObserver gives Monero Classic a strong long-term technical score of 96 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the coin’s support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it’s a strong buy-and-hold investment opportunity currently for traders. XMC at this time… Source link

Ever since Celsius paused withdrawals on June 12, the company has been the focus of attention due to the lender’s financial hardships. A month later, Celsius filed for bankruptcy in the U.S. by leveraging the Chapter 11 process. Two days after the bankruptcy filing, a report disclosed that two people familiar with the matter allege that the private lending platform that owes Celsius $439 million is Equitiesfirst. FT Sources Allege Private Lending Platform That Owes Celsius $439M Is… Source link

Monero receives a strong long-term technical score of 67 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. Currently, XMR holds a superior long-term technical analysis score than 67% of… Source link

Gamza Khanzadaev Shytoshi Kusama makes fun of Litecoin (LTC) in his tweet to Bloomberg Business Shytoshi Kusama, lead developer and one of the main actors of the Shiba Inu (SHIB) project, recently addressed Bloomberg Business with a request to stop referring to Litecoin (LTC) as the third option after Bitcoin (BTC) and Etherium (ETH) when it comes to cryptocurrencies. Litecoin did not stand aside and responded to Kusama’s mockery with a remark that LTC should be the first on… Source link

Trend forecaster Gerald Celente told Bitcoin.com News that “World War III has begun,” weighing in on Covid-19, crypto, the Great Reset, and gold in an exclusive interview. Jordan Belfort, aka the Wolf of Wall Street, talked long-term BTC investing, as scorching inflation in the U.S. continues to plague Americans, though Biden’s White House says the latest numbers are “out-of-date.” All this and more in your bite-sized digest of this week’s hottest stories from Bitcoin.com… Source link

Monero [XMR] is among the few cryptos that have seen healthy recovery from its 2022 lows. In fact, it is up by more than 44% from its $96.50 June low. Even so, its press time position seemed to suggest that a bearish retracement is imminent. XMR peaked at $141.45 during Friday’s trading session. This represented a healthy upside of more than 44% from its lowest level in June. This move placed it within January 2022’s support level. More notably, the latest peak placed it… Source link

Arman Shirinyan “Classic” version of Ethereum gaining momentum as miners expect massive migration after PoW shutdown Ethereum’s hard fork Ethereum Classic, launched back in July 2016, gains an insane momentum on the cryptocurrency market ahead of one of the biggest updates in the history of the “main” Ethereum network. Since its launch, Ethereum Classic has been presenting itself as a “true” version of the Ethereum network and has preserved the integrity of the existing Ethereum… Source link

Ethereum’s native token Ether (ETH) saw a modest pullback on July 17 after ramming into a critical technical resistance confluence. Merge-led Ethereum price breakout ETH’s price dropped by 1.8% to $1,328 after struggling to move above two strong resistance levels: the 50-day exponential moving average (5-day EMA; the red wave) and a descending trendline (black) serving as a price ceiling since May. ETH/USD daily price chart. Source: TradingView Previously, Ether rallied by over 40% from $1,000 on… Source link

You may have recently seen some of the unhealthy internecine drama engulfing the Bitcoiner “community,” notably around who is—and who is most certainly not—a “maximalist.” A Bitcoin maximalist, in the broadest definition possible, is a person heavily invested in Bitcoin who believes Bitcoin is the only cryptocurrency that matters and all other cryptocurrencies are, if not scams, distractions from this one worthy, earth-shattering project.  The purpose of that project remains a… Source link

Bitcoin (BTC) spiked to one-week highs on July 17 amid warnings that traders should not trust current BTC price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Binance inflows see multi-week high Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $21,600 on Bitstamp, its best performance since last Sunday.  The pair saw a fresh leg up during the weekend, this nonetheless coming on the back of thin, retail-driven “out-of-hours” liquidity with… Source link