Key Takeaways Bitcoin is in a no-trade zone between $28,870 and $30,750. Likewise, Ethereum is stuck between $1,960 and $2,145. Only a break above support or below resistance can resolve the ambiguity.   Share this article Bitcoin and Ethereum continue to consolidate while searching for new catalysts that will help them gain the momentum needed to break out. Crypto Traders Are 50/50 Bitcoin and Ethereum remain stagnant, trading within a tight price range, as traders cannot decide on… Source link

It’s been a record-breakingly good month for ENS domain name registrations as revenue tops $8 million, according to lead developer Nick Johnson.  The Ethereum Name Service (ENS) is a domain name provider for the Ethereum blockchain. The service itself, which was launched in 2017, is governed by a DAO, or decentralized autonomous organization. “May is now an all-time high for every single ENS metric we track—registrations, renewals, revenue (ETH & USD) and income (ETH & USD),” Johnson… Source link

Monero (XMR) gets a bullish rating from InvestorsObserver Monday. The Digital Money asset is up 7.94% to $195.82 while the broader crypto market is up 1.6%. Monero has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Bullish Over the last five days, Monero has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of… Source link

Monero (XMR) price may witness a sharp pullback by June because its 75% rally in the last two weeks has left the gauge almost “overbought.” Monero price RSI meets rising wedge Downside risks have been mounting due to XMR’s relative strength index (RSI), which almost hit 70 this May 23, indicating that the market is considered overvalued. An oversold RSI could amount to a bout of declining moves, as a rule of technical analysis. Additionally, Monero is also painting a bearish reversal pattern,… Source link

Bitcoin (BTC) stayed glued to $30,000 on May 23 as the start of Wall Street trading failed to spark volatility. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin to range before “real breakout?” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD lingering in a tight trading range in place since before the weekend. The pair had closed out the week on its eighth weekly red candle in a row, this becoming a bearish record amid an absence of overall price trajectory…. Source link

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Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has retaken the $30,000 level after a bout of volatility over the weekend.  The leading crypto trades around $30,408, up roughly 1.7% over the past 24 hours. Despite this minor recovery, Bitcoin is still 55.76% down from its all-time high of $68,789 in November last year, according to data from CoinMarketCap. Investor interest in the asset has also picked up, with Bitcoin’s global trading volume up 20% to $ 24.36… Source link

advertisement Bithumb and Upbit, two of Korea’s Big Four crypto exchanges that account for the majority of trading volume, have issued investment warnings about litecoin following an update that allows transactions to be sent confidentially.  Litecoin’s activation of privacy-focused technology Mimblewimble brings a “confidential transaction” ability to the Litecoin blockchain, enabling users to send tokens while hiding transaction information, Bithumb said in a post on Monday. Upbit also… Source link

Litecoin (LTC) gets a bullish rating from InvestorsObserver Monday. The coin is up 2.32% to $73.28 while the broader crypto market is up 2.09%. Litecoin has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin! Bullish Over the last five days, Litecoin has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Litecoin… Source link

Arman Shirinyan Litecoin’s future on centralized exchanges looks shady with implementation of new technology With the introduction of the MWEB Litecoin update, the cryptocurrency becomes more private and focuses more on its on-chain security. While most cryptocurrency investors are welcoming the update, centralized and regulated cryptocurrency exchanges in countries like South Korea may initiate the delisting process due to potential legal issues. The main issue with the new update,… Source link