The Litecoin price has been punched in the face in the past few months. It is trading at $100, which is close to the lowest it has been since December 2020. It has crashed by over 75% from its all-time high, bringing its market cap to about $7 billion. This makes it the 21st biggest coin in the world. Why LTC coin has crashed There are several reasons why the Litecoin price has crashed in the past few months. First, on-chain data shows that transactions in the Litecoin environment have dropped… Source link

There’s was no rest for weary crypto traders on March 10 as a blistering 7.9% CPI print emerged as the headline of the day, putting pressure on global financial markets and erasing the previous day’s gains in Bitcoin (BTC) as the price fell back below $40,000.  Data from Cointelegraph Markets Pro and TradingView shows that the BTC sell-off kicked off in the early trading hours on Thursday and escalated into midday with the price hitting a low of $38,562 before dip buyers bid it back above… Source link

What happened  The value of major cryptocurrencies fell on Thursday as the stock market dropped and investors worried about inflation and the continuing Russian invasion of Ukraine. This follows a day when prices shot higher after President Joe Biden signed an executive order to study digital assets and investors hoped U.S. regulators would finally define rules for cryptocurrencies.  As of 1 p.m. ET, Bitcoin ( BTC -5.96% ) had fallen as much as 8% in the last 24 hours,… Source link

With cryptocurrency markets falling on Thursday, XMR and ATOM were two of the biggest movers during the day. Solana was also nearing a double-digit decline, as bulls seemingly sat out today’s session. Monero (XMR) Monero (XMR) was undoubtedly the biggest bear during Thursday’s session, as the cryptocurrency fell to the #40 position in the top 100. Following a high of $192.23 on Wednesday, XMR/USD fell to an intraday low of $167.29, which is 12% lower than yesterday’s peak.

Image source: Getty Images The cost to transfer Ether or a non-fungible token hasn’t been this cheap in months. Key points Arcane Research reports that Ethereum transaction fees are at a six-month low. The research shows that the average price per transaction on the Ethereum blockchain was $15,… Source link

After tapping a 24-hour high at $42,592 per unit, the price of bitcoin lost the gains it gathered on Wednesday, sliding more than 5% during Thursday morning’s trading sessions. Meanwhile, as crypto prices fluctuated, an odd bitcoin transaction from 2010 was transferred at 1:45 a.m. (UTC) moving 429 bitcoin worth $16.8 million. Large Sum of ‘Sleeping Bitcoin’ Transferred After More Than 11 Years of Slumber Crypto prices have been shaky during the last few days amid the… Source link

Image: Vicente Méndez via Getty Images Wars and protests are supposed to be crypto’s big moment, as something that was built on cutting out traditional authorities. So far, cryptocurrencies have played a vital role in crowdfunded aid efforts to Ukraine, with the government buying military and humanitarian equipment using nearly $100 million in crypto donations, while Ukrainians and Russians alike buy up crypto stablecoins to escape monetary volatility.  But crypto’s contrarian attitude… Source link

The capital will go toward solutions across Web 3, including the metaverse, play-to-earn games, decentralized finance (DeFi), non-fungible tokens (NFT) and decentralized autonomous organizations (DAO). Other areas of interest include CityCoins and GovTech. Source link

A potential decline below the lower line of the trendline would imply a continuation of the broader drop from record highs. On the downside, support is seen at $30,000, below which the next technical price floor is seen directly at the December 2017 high of $19,891. Source link

If there’s anything that cryptocurrency investors know by now, it’s that the price of coins can fluctuate dramatically. For example, back in November, Ethereum‘s (CRYPTO:ETH) price was closing in $5,000, but its value has tumbled over the past few months.  With inflation at a 40-year high and the Federal Reserve poised to raise interest rates beginning this month, some investors have grown concerned about more speculative investments like… Source link