Ethereum (ETH) and Bitcoin (BTC) are the world’s first two cryptocurrencies, as well as the two most valuable in terms of total market capitalization, with key characteristics that distinguish them from one another. Bitcoin and Ethereum have a lot in common: They are digital assets that are stored in digital wallets, have alphanumeric addresses, are sold on cryptocurrency exchanges, and are based on a publicly visible distributed ledger called a blockchain. These two… Source link

Yuri Molchan Second largest digital token has plunged over weekend, and now experts believe more downward movement may happen Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose. After… Source link

Source: Adobe/PRASERT   The bitcoin (BTC) and crypto market came under heavy selling pressure on Monday, fueled by fears in nearly all global risk markets related to high inflation and what the US Federal Reserve (Fed) might do to tame it. At the same time, the drama surrounding crypto lending platform Celsius (CEL) is adding fuel to the fire. At 10:12 UTC, bitcoin (BTC) was down 12% over the past 24 hours and 19% over the past 7… Source link

Over the past week, Ethereum [ETH] has noted its third-highest drop in 2022 after the May crash and the January dip. Simply put, it has been falling for the second consecutive month. This 21.52% depreciation has killed the hopes of investors who were expecting a return to $3k by the end of the month. This, after “conquering” the levels of $2k. Unfortunately for many, that won’t be the case. Ethereum: Fall of the altcoin king? From its all-time high to its yearly low, the Fibonacci… Source link

advertisement Binance announced today that it won’t support litecoin transactions that make use of so-called MimbleWimble Extension Blocks (MWEB), joining South Korean exchanges in shunning the privacy feature. On May 20, Litecoin developers activated an optional privacy-preserving protocol on the coin. This allows the Litecoin network to conceal transactional data yet maintain its ability to process a lot of transactions quickly. Last week, several Korean exchanges, including Upbit and… Source link

‘The value of crypto is just based on what one person decides how much another person will pay for it’ – says Microsoft co-founder Bill Gates Cryptocurrency market is down 6.73% on the last 24 hours (10am, 13 June 2022). After gains and record highs in 2021, crypto currencies are enduring a turbulent time with unpredictable price changes. Sign up to our Money Savers newsletter Bitcoin (BTC) -9.52% (£20,286.78) Ethereum (ETH) -12.20% (£1,047.41) Tether (USDT) +0.55% (£0.82) BNB (BNB) -9.00%… Source link

Human rights defenders from 20 countries have insisted that bitcoin “provides financial inclusion and empowerment because it is open and permissionless.” Together with stablecoins, the cryptocurrency offers “unparalleled access to the global economy” for people from countries whose currencies have either collapsed or are cut off from the rest of the world. Bitcoin as a Financial Inclusion and Empowerment Tool About 21 human rights advocates from 20 different countries have… Source link

Bitcoin (BTC) hash rate, a network security measure based on computing power for mining, achieved a new all-time high (ATH) of 231.428 ExaHash per second (EH/s) amid an ongoing bear market that witnesses BTC price plunging below the critical $25,000 mark. Hash rate is directly proportional to the computing power of mining equipment for confirming transactions, which deters bad actors from manipulating on-chain transactions. Complimenting the new hash rate ATH, the Bitcoin network difficulty… Source link

New Delhi: The crypto winter hammered cryptocurrencies on Monday as the price of a single Bitcoin fell sharply to around $25,600, an 18-month low. The world’s largest cryptocurrency further tanked 7% over fears of risk-off sentiment due to a sharp rise in inflation globally, especially the US. Bitcoin (BTC) had reached an all-time high of over $68,000 in November 2021, and has fallen more than 60 per cent since then. According to analysts, Bitcoin may hit a grim $14,000 this year at this… Source link

Bitcoin (BTC) begins a new week with a totally different feel to last as BTC/USD seals its lowest weekly close since December 2020. A night of losses into June 13 means that the largest cryptocurrency is now edging closer to beating its ten-month lows from May. The weakness has left few guessing: shock inflation data from the United States last week sparked a chain reaction across risk assets and low weekend liquidity appeared to exacerbate the consequences for crypto assets. The macro pain… Source link