znm/iStock Editorial via Getty Images With the US 30Y Bond yield above 3%, cryptocurrencies are now in a bear market similar to 2018. From a fundamental perspective, our outlook is as follows: As interest rates increase, access to cash becomes harder With no ability to raise cash, small tech firms (i.e., tokens on the ETH blockchain) start to fail As a result, demand for Ethereum (ETH-USD) lessens Repeat ETH vs US 30Y [5/4/22] (TradingView) High interest rates are very bearish for… Source link

Yuri Molchan Charlie Lee has added DOGE symbol to his Twitter picture after tweeting that he would consider doing so Contents LTC founder adds Shiba Inu on Twitter LTC, DOGE in decline, hit by Bitcoin’s massive drop The Twitter background picture of LTC founder Charlie Lee now has a Shiba Inu dog on it. But it is not dedicated to the second biggest meme coin of the same name. Lee added it to show respect for Dogecoin and its mining community. LTC founder adds Shiba Inu on… Source link

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists. 1. Mushe (XMU) – seeking to make crypto more accessible Mushe (XMU) is a new cryptocurrency aiming at making crypto more accessible and easy and tackling one of the main issues of existing financial services, namely their unfriendly user interfaces and user experiences. Mushe’s (XMU) team is successfully developing an… Source link

Monero (XMR), Cardano (ADA), and Logarithmic Finance (LOG) could soon skyrocket and provide giant gains, as all 3 cryptos have been accumulated heavily by whales in the past few weeks. The Monero (XMR) network is soon scheduled for a hard fork that would increase security measures on the XMR blockchain, while Cardano (ADA) is improving its NFT marketplaces. Logarithmic Finance (LOG) is a new fundraising platform that will allow investors and project partners to utilise… Source link

Monero price has not been left behind in the ongoing cryptocurrency sell-off. The XMR token has dropped to a low of $200, which was the lowest level since March 26th. It has declined by more than 32% from the highest level in April, bringing its total market cap to about $3.2 billion. Cryptocurrency sell-off Monero has done better than most cryptocurrencies this year. For example, its price jumped from a low of $132.6 in February to $288 in April. This growth happened as the number of… Source link

Text size Bitcoin prices haven’t been this low since January. Dreamstime Bitcoin … Source link

DUBAI, UAE / ACCESSWIRE / May 6, 2022 / Coinsfera is a cryptocurrency exchange where you can sell Ethereum in Dubai. It is quite simple to sell Ethereum in Dubai for cash via Coinsfera as you should be able to finish your deal in 10-15 minutes. Selling Ethereum through Coinsfera is both safer and quicker as we strive to improve the sales process with customer satisfaction. Now officially everyone can exchange Ethereum for USD in Dubai with Coinsfera Converting Ethereum to USD in Dubai has… Source link

The Monero community is working on some key measures to guard the interest of its miners. In this regard, Monero (XMR) shall be introducing an upgrade dubbed Tail Emission in the coming days. Tail Emission, as the name suggests, is a “minimum subsidy” “to keep fees reasonable, ensure a lower bound of network security, and enable dynamic block sizes”. As part of tail emission, the Monero community has proposed that miners should get a minimum of 0.6 XMR for every block mined on… Source link

Bitcoin (BTC) dipping below $36,000 “smells like capitulation,” one trader says as suspicion mounts over United States stock markets. In a tweet on May 6, Cointelegraph contributor Michaël van de Poppe suggested that the BTC price was at least giving “serious signals.” Analyst: Stocks saw “forced liquidation” After plunging to 10-week lows in line with equities on the May 5 Wall Street trading session, Bitcoin bounced at levels last seen in February. The downturn in both crypto… Source link

Not content to merely erase its recent gains, Bitcoin’s price today continued its drop until it reached its lowest point since late February. Declining 8% in just 24 hours, Bitcoin dipped below $36,000 before stabilizing. It’s a similar story for the crypto market as a whole, which lost 7% during the same time frame; Ethereum shed 7% from yesterday’s price, and the rest of the top 10 faced losses of between 5% and 9%. Just yesterday, crypto asset prices were noticeably higher, rising along… Source link