The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Litecoin (LTC) and Ethereum (ETH) reversed higher last month after being bearish since November, as cryptocurrencies tried to turn bullish, with the risk sentiment improving in financial markets in the second half, despite the conflict in Ukraine. ETH and LTC made an impressive rally, but the climb ended this month and the selloff resumed again. Although, these cryptocurrencies were facing some major support with LTC facing the $100 level while ETH was facing the $3,000 level, which we… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Litecoin’s LTC/USD price has increased 4.2% over the past 24 hours to $109.57, which is in the opposite direction of its trend over the past week, where it has experienced a 8.0% loss, moving from $116.69 to its current price. As it stands right now, the coin’s all-time high is $410.26. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the… Source link

The Ethereum merge that forms a key part of the so-called Ethereum 2.0 upgrade has been delayed until the latter half of 2022. “It won’t be June, but likely in the few months after,” Tim Beiko, an Ethereum Foundation developer, said yesterday on Twitter. “No firm date yet, but we’re definitely in the final chapter of PoW on Ethereum.” Earlier in the Twitter thread, Beiko had urged a user not to invest in any more mining equipment.  It won’t be June, but likely in the few months… Source link

Text size Bitcoin prices have largely managed to stay afloat above $40,000 after a recent selloff. Dreamstime … Source link

Tevarak/iStock via Getty Images Anita Folsom, in inviting me to take part in this year’s Free Market Forum, originally suggested that I write about the problems of Bitcoin. Although I suppose I might have done so easily enough, I have chosen instead to review both Bitcoin’s problems and prospects. I’ve made this choice because, while I recognize Bitcoin’s shortcomings, some of which are indeed serious, and while I even go so far as to wonder whether Bitcoins will still exist when this paper… Source link

Bitcoin (BTC) is keeping traders on the edge of their seats this week as support levels come close to breaking. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders line up targets below $40,000 Data from Cointelegraph Markets Pro and TradingView shows that lines in the sand below $40,000 barely remain intact after multiple retests. The $40,000 mark has been working overtime in recent days as Bitcoin’s macro-fueled downtrend continues to play out. Falling in line with tech… Source link

Monero sees a sustained price surge as the boarder crypto market struggles. Last week and —the two largest cryptocurrencies—dropped by 7.6% and 6%, respectively. Most of the market followed them into the red. However, privacy-oriented cryptocurrency Monero () seems to be withstanding the bearish trend proving its value as sound money during times of crisis. Monero Hits Three-Month High At $244 On Sunday, Monero reached a three-month top at $244. On a weekly basis, XMR is one of the few… Source link

An Ethereum engineer who gave a lecture on how to use blockchain technology in North Korea was sentenced to 63 months in prison on Tuesday. Cryptocurrency expert Virgil Griffith will pay a $100,000 fine for assisting North Koreans in evading US sanctions through the use of cryptocurrencies. The United States forbids its nationals from traveling to North Korea unless they have special permission. His presentation, according to the US Department of Justice, gave… Source link