Ethereum Classic (CRYPTO: ETC) was trading flat on Tuesday, in line with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which were muted as the cryptocurrency market appeared to await the release of the Federal Reserve’s monthly minutes on Wednesday at 2:00 p.m. The central bank is widely expected to raise the interest rate by 25 basis points, in an effort to combat soaring inflation, but if the fed decides to hike rates higher or leave the interest rate at zero, the… Source link

Litecoin’s (CRYPTO: LTC) price has increased 4.97% over the past 24 hours to $107.08. Over the past week, LTC has experienced an uptick of over 7.0%, moving from $100.22 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 volatility for both… Source link

LiteCoin Ultra (LTCU) gets a very bullish rating from InvestorsObserver Tuesday. The crypto is up 152.67% to $0.003914957952 while the broader crypto market is up 1.05%. LiteCoin Ultra has a Very Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LiteCoin Ultra! Very Bullish Over the last five days, LiteCoin Ultra has earned a Very Bullish rating on the InvestorsObserver Sentiment Score…. Source link

Although we’re the first to admit it’s not as popular as Bitcoin or Ethereum, we can’t ignore Litecoin due to its liquidity and P2P superiority, which makes it a natural fit for online gambling. That’s why we’re breaking down the best Litecoin casinos using strict, player-first criteria. Whether you’ve been hodling for years or are new to the LTC game, we’re sure one of our top Litecoin casinos online will have a great home for you depending on your unique… Source link

Bitcoin (BTC) could undergo one last bear market capitulation if “whales” — addresses that hold more than $1 million worth of Bitcoin — ramp up their selling pressure, according to on-chain analyst Willy Woo. Room for another Bitcoin drop? Woo assessed the average price at which short-term investors entered the Bitcoin market across history and charted the daily change in the value. That resulted in a cost basis, a metric that signals when “inexperienced” traders sell BTC to… Source link

Over the past 24 hours, Monero’s (CRYPTO: XMR) price has risen 5.55% to $189.35. This continues its positive trend over the past week where it has experienced a 13.0% gain, moving from $167.33 to its current price. As it stands right now, the coin’s all-time high is $542.33. The chart below compares the price movement and volatility for Monero 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

ConsenSys has raised $450 million in a funding round backed by the likes of Microsoft, SoftBank and Temasek. The investment more than doubles ConsenSys’ valuation to $7 billion. Tech giants from Microsoft to Twitter are becoming increasingly interested in Web3, a movement that calls for a more decentralized internet based on the blockchain. Blockchain start-up ConsenSys has raised $450 million in a new round of funding that more than doubles its valuation to $7… Source link

Joseph Lubin, co-founder of Ethereum. Adam Jeffery | CNBC Blockchain start-up ConsenSys has raised $450 million in a new round of funding that more than doubles its valuation to $7 billion. The cash injection was led by ParaFi Capital, ConsenSys said Tuesday, with Microsoft, Japan’s SoftBank and Singapore’s Temasek also joining as new investors in the company. New York-headquartered ConsenSys was founded in 2014 by Joseph Lubin, a co-founder of Ethereum. Ethereum is the blockchain platform… Source link

Like many other large-caps, which are highly correlated with bitcoin’s recent price action, Ethereum is trading amid long-term support – a fragile situation. However, investors are still looking at the market in doubt. Considering the minor amounts of trading volume at two of the significant US-based exchanges – Binance US and Coinbase – it seems that investors are still waiting for the Federal Reserve’s decisions. Support levels: $2300 & $1700 Resistance levels:… Source link

Ethereum’s co-founder Joseph Lubin has questioned the sustainability of rival projects, including the fast-growing Solana blockchain, as venture capital pours into a raft of new cryptocurrency networks. The Ethereum blockchain has become one of the world’s most widely used digital ledgers, but it is facing challenges from rivals such as Solana, which has set lower transaction fees to draw in users. Lubin told the Financial Times that Solana, which pitches itself as a faster and… Source link