Two months ago, it seemed inevitable that Ethereum (CRYPTO:ETH) would break through the $5,000 ceiling. The popular cryptocurrency hit an all-time high just below $4,900 in mid-November, and momentum was on its side. But it didn’t happen. Digital currencies have corrected sharply in recent weeks, and Ethereum has tumbled along with most of the market. With the digital currency trading at roughly $3,150 on Wednesday morning, it would have to climb 59%… Source link

Monero’s (CRYPTO: XMR) price has increased 5.77% over the past 24 hours to $212.71. Over the past week, XMR has experienced an uptick of over 5.0%, moving from $198.95 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 volatility for both the… Source link

One of the biggest casualties of the cryptocurrency selloff is the Grayscale Bitcoin Trust.  The $27 billion fund (ticker GBTC) has plunged nearly 17% so far in 2022, outpacing Bitcoin’s nearly 9% decline. As a result, GBTC’s price closed 26.5% below the value of the Bitcoin it holds on Tuesday, widening GBTC’s so-called discount to record levels, according to Bloomberg data. Source link

Image source: Getty Images Here’s why Ethereum has lost over 30% in two months. Key points Ethereum’s price has fallen dramatically since its November highs, in part due to wider economic factors. Buying Ethereum now may be a good… Source link

19th January Updates: Solana, Cardano, Avalanche, Matic, Litecoin, Bitgert & Centcex by Analytics Insight January 19, 2022 Solana and other major crypto coins are undergoing constant changes to reach the top ranks.    The crypto market is experiencing some plunge again in the third week of January, with most large coins losing a percentage of Jan’s second-week gains. But this has not stopped most teams from making moves that make their products better and more attractive. Here are… Source link

Litecoin was among the top five cryptocurrencies a few years ago. After the founder of LTC, Charlie Lee, declared that he sold all his LTC to focus more on the development of blockchain technology, then the price of the coin declined significantly.  It is designed on a Bitcoin protocol to enable peer-to-peer exchanges at affordable costs. The aim is to enable faster, more secure, and low-cost transactions. The total supply chain of Litecoin tokens has a hard cap of 84 million. It also… Source link

Litecoin (LTC) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the Digital Money has declined 3.81% to $136.59. InvestorsObserver is giving Litecoin a 14 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Low Volatility InvestorsObserver gives Litecoin a low volatility rank of 14, placing it in the bottom 14% of… Source link

Most observers say the $40,000 level for bitcoin is a line in the sand for the bulls. Photo: armend nimani/Agence France-Presse/Getty Images Source link

Solana, Cardano, Matic, Avalanche, Litecoin, Bitgert & Centcex – 3 Ways To Make Profits In These Cryptocurrencies by Analytics Insight January 19, 2022 This article features 3 ways to make profits from cryptocurrencies like Solana, Cardano, and more. The biggest reason millions of people are joining the cryptocurrency industry is to make money. How many dollar millionaires did Shiba Inu make in 2021? With the crypto coin 50,000,000% in 2021, Shiba Inu made a lot of early investors huge… Source link

Crypto.com, one of the worlds’ largest cryptocurrency exchanges has reportedly suffered a hack, with at least $15 million worth of Ethereum stolen. The hack is the latest in a series of security branches that have affected crypto currency exchanges and it further damages confidence in the nascent cryptocurrency sphere.  The issues came to light when users began reporting that their funds were missing, even those with two factor authorization enabled. Crypto.com tweeted that it was… Source link