Image source: Getty Images The entire crypto space was up more than 5% today, reaching a total market value of $907 billion according to CoinMarketCap. Key points The two most valuable crypto projects — Bitcoin and Ethereum — are leading a relief rally within the beaten down digital asset… Source link

Ever since we have been introduced to the world of cryptocurrencies, there have been a lot of new token launches nearly every day. Due to the current market volatility, it is important to choose the correct next big cryptocurrency that can deliver the best return on investment. If you are a cryptocurrency enthusiast, you might want to consider looking at the 3 cryptos that we have selected after a lot of research. All 3 have great use cases and could potentially deliver huge returns in the… Source link

Text size The Bitcoin Strategy ETF topped $1 billion in assets within two days. Dreamstime Investors will… Source link

2022 has been a hard year for crypto enthusiasts and investors as the market took a massive hit. Both promising decentralized projects like Ethereum (ETH) and Cardano (ADA) were not spared in the overwhelming price dump.  On the bright side of the market, new crypto tokens like Logarithmic Finance (LOG) are rising to the surface with good potential and quality features. This might be a good time to do more research on them and possibly invest in them for the future.  Ethereum (ETH) Ethereum… Source link

Key Takeaways Bitcoin jumped by 20% after printing a low of $17,600 this weekend.  Meanwhile, Ethereum surged by over 29% from a low of $880. Both assets have reached crucial areas of resistance after the recent rebound.   Share this article Ethereum took the lead in the latest cryptocurrency market revival, outperforming Bitcoin. Still, both assets appear to have more room to ascend. Bitcoin and Ethereum Rise The two largest cryptocurrencies by market capitalization, Bitcoin and… Source link

The founder Charlie Lee launched a new hashing algorithm in the name of Litecoin, which offers faster transactions than Bitcoin. Moreover, it is more scalable and suitable for P2P crypto transactions. Now merchants no longer have to wait an hour for Bitcoin-based transactions and can choose Litecoin as an alternative. However, it is not a time-tested solution like Bitcoin, so a user should use Litecoin for small transactions. It is an open-source project that runs on a Proof-of-Work… Source link

Monero Classic receives a strong long-term technical score of 91 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. XMC currently holds a superior long-term technical… Source link

Ethereum’s native token, Ether (ETH), underwent a sharp relief rally after falling to $880, its lowest level in eighteen months, on June 18. ETH price regains 30% in two days Ether’s price reached above $1,150 this June 19, marking 30%-plus gains in just two days. However, at the beginning of the new weekly session this June 20, the ETH/USD pair hinted at giving up its weekend gains, with its price plunging by almost 9% from the $1,150 high.  PostyXBT, an independent market analyst, told his… Source link

Bye-bye bear market blues; welcome to the network, Bitcoin (BTC) believers. Over the past week, the number of Bitcoin wallet addresses containing one BTC or more increased by 13,091. The total number of “wholecoiners” surged to 865,254. The number of whole coiners has rocketed during the downward price action, highlighted by the hockey stick growth on the Glassnode graph: Since the 10th June the orange line has jumped. Source: Glassnode Christian Ander, the founder of the Swedish Bitcoin… Source link

Ethereum price dips beyond the new area for recovery. ETH price will drop 50% before finding key support to halt the descent. Expect an L-shaped to W-shaped recovery, as current tail risks will linger for some time. UPDATE: Ethereum price dipped below the psychological $1,000 mark during the weekend, as bears continued to dominate price action on Saturday. The market took a turn on Sunday, though, as the whole crypto ecosystem was able to bounce back and several coins recovered key… Source link