Tomiwabold Olajide Total amount of ETH deposited in 2.0 contract has topped 13 million ETH According to Glassnode, the total amount of ETH deposited in the 2.0 contract has topped 13 million ETH, or 10.9% of the total supply. Of this, Lido held 4.13 million ETH, or more than 31.8% of the overall stake, and Coinbase, Kraken and Binance collectively held nearly 3.5 million ETH, or about 27% of the total stake. Total $ETH deposited in the 2.0 contract has now surpassed 13M $ETH, which… Source link

Published 13 mins ago The ongoing consolidation in Litecoin(LTC) chart reflects a cup and handle pattern. Furthermore, the coin price is currently forming the handle portion of the pattern and leads the recovery rally to $60.88 neckline resistance. A bullish breakout from this barrier should carry a directional rally. Key points The LTC price has surged 8% in the past five days  The possible reversal from the $60.8 resistance may continue the range rally The intraday trading… Source link

Bitcoin (BTC) hit three-day lows into the July 10 weekly close as $21,000 gave way as short-term support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader eyes bullish divergences across markets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD giving up some of its gains from earlier in the week while still looking to cap its best weekly gains since March. The pair circled $20,850 at the time of writing, around $1,600 below the week’s peak at the 200-week… Source link

Monero Classic (XMC) gets a very bullish rating from InvestorsObserver Sunday. The crypto is up 3.55% to $0.4293929501 while the broader crypto market is down 1.1%. Monero Classic has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero Classic! Very Bullish Over the last five days, Monero Classic has earned a Very Bullish rating on the InvestorsObserver Sentiment Score. The… Source link

News Home Sunday, July 10, 2022 07:11 AM | InvestorsObserver Analysts InvestorsObserver gives Litecoin a strong long-term technical score of 93 from its… Source link

Profitable bitcoin mining is essentially a result of an efficient and highly skilled team of professionals that can maintain runtime, a founder of a Bitcoin mining company has asserted. Therefore, even when the price is hovering around $20,000, a bitcoin miner with these attributes can still operate profitably. ‘Bitcoin Fundamentals Rarely Change’ The drop in value of bitcoin from just under $30,000 at the start of June to below $20,000 by mid-month is believed to be one of the… Source link

Fidelity’s director of Global Macro has shared his bitcoin and ether price outlook. His analysis shows that bitcoin is cheap but ether could be even cheaper. “Ethereum could be close to a bottom,” he added. Fidelity’s Director on Bitcoin and Ether Price Outlook Jurrien Timmer, director of Global Macro in Fidelity Investments’ global asset allocation division, shared his bitcoin and ether price analysis in a series of tweets Friday. Timmer specializes in global macro strategy… Source link

Fidelity’s director of global macro is evaluating where Bitcoin (BTC) and Ethereum (ETH) stand after months of price capitulation. Jurrien Timmer tells his 131,200 Twitter followers that Bitcoin is likely undervalued at current prices based on his S-curve model. The model attempts to gauge the value of BTC by predicting the future growth of its network based on the rate at which users adopted the internet. “Bitcoin and crypto in general have not been spared from the… Source link

The primary cryptocurrency has slightly recovered in the last few days and was able to reclaim the $20K level. This area is the previous 2017 ATH and acts as a psychologically significant support price level, which can potentially trigger a short-term relief rally. Technical and on-chain analysis by Shayan The Daily Chart Bitcoin has been forming lower lows and lower highs during the past few months, which can be witnessed by the following mid-term yellow descending… Source link

This week in coins. Illustration by Mitchell Preffer for Decrypt It was a great week for investors as nearly all of the top 100 cryptocurrencies by market capitalization grew in value, despite the lingering crypto winter exacerbated by insolvency issues at crypto lenders Vauld and Voyager.  Bitcoin has jumped more than 12% over the last seven days to trade at $21,565 as of this writing, according to CoinMarketCap. Meanwhile, Ethereum enjoyed an even bigger rally, adding more than 15% to… Source link