Cryptocurrencies are still early in their journey; Ethereum (CRYPTO:ETH) has been among the first cryptos to emerge as a “blue chip,” mainly due to the broad adoption of its blockchain network, where there are more than 3,000 projects, called decentralized apps (DApps), operating. Ethereum is second only to Bitcoin in market cap. But being a first-mover in a space doesn’t mean you keep your crown, and alternatives have emerged to challenge Ethereum…. Source link

Now, the onus was on the king coin to flip the broader sentiment after re-entering the $46,000-zone. While ‘Extreme fear‘ lingered around the market at press time, Cardano and Litecoin flashed weak near-term technical indications. Buyers needed to ramp up volumes to skew the momentum in their favor. On the contrary, NEAR saw exponential gains over the past day and poked its ATH on 04 January. Cardano (ADA) TradingView, ADA/USDT ADA’s ascending wedge (white) tilted after it saw a sharp… Source link

Cardano (ADA), Solana (SOL), Binance Coin (BNB), Bitgert (BRISE), or Litecoin (LTC) – Which Crypto has Progressed the Most in 2021? With the rise in crypto investments, investors are seeking the best possible option for 2022. Auditing 2021 is crucial for better investment in 20212. All the cryptocurrencies that ended the year with growth made some significant progress in constructing their projects. This comparison between these five best crypto shows which one progressed the most. Take a… Source link

Ethereum and Bitcoin have battled it out for the number one and two spots in the market cap rankings for what seems like forever in the crypto industry. Now, with new bullish narratives emerging for Ethereum, many are pondering whether Ethereum can finally flip Bitcoin in market cap and take the number one spot. Also known as ‘The Flippening’, Ethereum surpassing Bitcoin’s market cap would be a monumental turning point in the cryptocurrency industry. Coin Rivet looks at whether Source link

Mainstream banks outside the U.S. are sampling cryptocurrencies, offering customers ways to invest and store bitcoin and other digital assets.  Banco Bilbao Vizcaya Argentaria SA BBVA 1.36% —Spain’s second-largest lender by assets, with operations in Latin America and Turkey—allows customers to hold, buy and sell bitcoin and ether through a digital account. Australia’s largest bank, Commonwealth Bank of… Source link

Litecoin price has remained within the horizontal channel whose formation began in early December. Fear levels in the crypto market have heightened in the new year. Compared to the past week’s fear reading of 41, the crypto fear & greed index is currently at an extreme greed level of 23. For as long as the altcoin remains below the psychological level of $200, the bears will remain in control. Litecoin price prediction LTC has been trading within a horizontal channel since earlier in… Source link

The bearish pressures facing the cryptocurrency market at the end of 2021 have continued into the first week of 2022 after the price of Bitcoin (BTC) dropped below $47,000 on Jan. 1 and the asset still faces stiff headwinds on the shorter timeframe charts.  Data from Cointelegraph Markets Pro and TradingView shows that, after climbing above $47,500 to start the new year, the price of BTC fell under pressure in the afternoon on Dec. 3. Currently, the price has dropped to $46,500 where bulls… Source link

Text size The price of Bitcoin has been weak for months. Alexander Uhrin/Dreamstime Some… Source link

Blockchain gaming crypto Axie Infinity (AXS), privacy coin Monero (XMR) and four more altcoins are conditioned for rallies, according to data from analytics firm Santiment. Besides AXS and XMR, the firm highlights decentralized application (DApp) platform Quantum (QTUM), Web3-focused Ankr, Solana-based liquidity provider Raydium (RAY), and XRP competitor DigiByte (DGB). “There are usually at least a few crypto assets that are being excessively shorted by bearish traders at any… Source link

What happened Today is the first official trading day for stocks, but the third official trading day for cryptocurrencies in 2022. Most top tokens have seen heightened volatility to start the year, as investors place their bets on which tokens could outperform this year. Most mega-cap cryptocurrency tokens are down today, with Ethereum (CRYPTO:ETH) trading 2.3% lower over the past 24 hours, as of 12:30 p.m. ET. Out of the top 20… Source link