Litecoin (CCC:LTC-USD) is slowly but surely increasing the number of merchants where you can spend Litecoin. As it does so, the value of the LTC crypto is increasing over time as well. Source: Wit Olszewski / Shutterstock.com Litecoin has been around for a good while and its perceived steadiness — having never had an outage — increases its reputation as a trustworthy cryptocurrency. That also heightens its appeal for merchants and raises the value of the crypto. Cryptwerk does… Source link

Litecoin (CCC:LTC-USD) is slowly but surely increasing the number of merchants where you can spend Litecoin. As it does so, the value of the LTC crypto is increasing over time as well. Source: Wit Olszewski / Shutterstock.com Litecoin has been around for a good while and its perceived steadiness — having never had an outage — increases its reputation as a trustworthy cryptocurrency. That also heightens its appeal for merchants and raises the value of the crypto. Cryptwerk does… Source link

The wider cryptocurrency ecosystem is in a heightened state of fear on Dec. 6 after the Dec. 3 market sell-off continues to send ripples across the the sector and Bitcoin (BTC) price remains pinned below $50,000.  Data from Cointelegraph Markets Pro and TradingView shows that bulls are managing to hold BTC price above $49,000 but the general outlook suggests that additional days of consolidation are in store. BTC/USDT 4-hour chart. Source: TradingView Here’s a look at what analysts are… Source link

Ethereum (CRYPTO:ETH) went live in 2015, becoming the world’s first cryptocurrency powered by a programmable blockchain. In simple terms, that means the platform is more than a decentralized payments system. Ethereum’s programmability makes it possible for developers to write code and build self-executing computer programs (smart contracts) on the platform. And those smart contracts form the core of decentralized applications (dApps), including

A big draw for many investors when it comes to Bitcoin (CRYPTO:BTC) is the belief that it could be a hedge against inflation, largely because its supply is finite and capped at 21 million tokens. Ethereum (CRYPTO:ETH), the second-largest cryptocurrency, has never really gotten the same attention on this matter. But lately, there has been more talk that Ethereum could be a hedge for inflation, despite the fact that there is no cap on the number of… Source link

Representation of cryptocurrency bitcoin is seen in this illustration taken November 29, 2021. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to reuters.com Register HONG KONG, Dec 6 – Bitcoin tumbled almost 5% on Monday as the start of the week offered little respite to the world’s largest cryptocurrency after a bruising weekend where at one point it lost over a fifth of its value. The rout sent bitcoin’s price and the amount invested in bitcoin futures back to where… Source link

There over 7,900 cryptocurrencies today, and those digital assets are collectively worth $2.7 trillion, skyrocketing over 1,200% since December 2019. To put those gains in context, the S&P 500 has generated a total return of 495% over the last two decades. Based on that data, it makes sense to allocate a small percentage of your portfolio (maybe 5%) to this emerging asset class, assuming you have an emergency fund and won’t need the money for at least three years. To help you… Source link

Bitcoin (BTC) whales may be planning to sell at short notice as BTC price action struggles around $47,000. In its daily QuickTake market updates on Dec. 5, on-chain analytics firm CryptoQuant warned that large volume movements on exchanges were increasing again. Data points to whales increasingly eager to sell Highlighting its exchange whale ratio metric, CryptoQuant deduced that major Bitcoin investors were taking no chances when it comes to short-term price action. Exchange whale ratio… Source link

In other words, stablecoins like tether with values pegged 1:1 to the U.S. dollar are now used to fund alternative cryptocurrency (altcoin) purchases. That’s a change compared with pre-2020, when bitcoin served as a gateway to altcoins. So, the unwinding of long altcoin trades now puts a bid under stablecoins. Previously, it would bring demand for bitcoin, helping the cryptocurrency outperform other coins. Source link

Earlier this year, as the value of each bitcoin passed thirty-five thousand dollars, and Howells’s holdings exceeded two hundred and eighty million dollars, he made a public offer to give Newport a twenty-five-per-cent cut of the proceeds, which could be earmarked for a COVID-19 relief fund. The city did not accept his offer. “The attitude of the council does not compute, it just does not make sense,” Howells complained to the Guardian. Across the Internet, commenters generally did not… Source link