Many cryptocurrencies have experienced short-term hype and then vanished in recent years. Few projects have remained at the forefront of the market for more than five years. Among them is Monero (XMR), which has managed to maintain a large fan base despite huge scrutiny and tailwinds and has managed to stay among the top 25 cryptocurrencies by market capitalization. What makes Monero (MXR) so alluring to many cryptocurrency enthusiasts? This article is all about Monero price… Source link
Read More »ETH Above $1,330, Consolidating Recent Gains – Market Updates Bitcoin News
Ethereum mostly consolidated during Tuesday’s session, as prices continued to trade close to recent highs. Following a move to a three-week peak to start the week, markets maintained bullish sentiment, earlier in the day. Bitcoin also upheld recent momentum, with the coin remaining near its ceiling at $17,400. Bitcoin Bitcoin (BTC) continued to trade close to the $17,200 level in today’s session, as traders moved to secure Monday’s gains. Following a low of $17,162.99 to start… Source link
Read More »Bitcoin And Homesteading In Portugal – Bitcoin Magazine
In the conversation for this article, Julia joined me from her home in Southern Portugal to chat about her homestead, local community and Bitcoin. I found many parallels between how Julia talks about Bitcoin and homesteading with what I have heard from many homesteaders and farmers in the U.S. during my trip across the country this summer. The work to understand and work on Bitcoin or a farm demand high upfront investment and very low time preference. In my conversation with Julia, we… Source link
Read More »Bitcoin Holds Steady Above $17K, US Dollar Tepid Ahead of Powell Speech – CoinDesk
At press time, the largest cryptocurrency by market value traded 0.5% higher on the day at $17,260, having touched a three-week high of $17,391 on Monday, according to CoinDesk data. Ether (ETH), the second-largest cryptocurrency, traded nearly 1% higher at $1,330. Source link
Read More »USDT, Ethereum and Big Eyes Coin: 3 Cryptos to Look Out For
Between rounds of investment, stablecoins are historically the best place to keep your crypto funds. A fiat currency usually backs stablecoins like Tether (USDT). Tether is supported by the U.S. Dollars held in reserve, allowing it to maintain a stable value even through a volatile bear market. So, why are crypto enthusiasts depositing USDT into Big Eyes Coin (BIG) ahead of Ethereum (ETH)? Ethereum is undoubtedly the altcoin king in the crypto market, with only Bitcoin (BTC) ahead of it in… Source link
Read More »Bitcoin price holds $17K into Fed Powell speech as GBTC jumps to multi-month highs
Bitcoin (BTC) stayed above $17,000 on Jan. 10 as risk assets awaited fresh cues on policy from the United States Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Powell to kick off week of U.S. macro triggers Data from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating after hitting $17,396 on Bitstamp the day prior — its highest since Dec. 16. The pair gained in line with gold early in the week, seeing a slight cool-off as U.S. stocks also lay… Source link
Read More »Ethereum Layer-2 Token Prices Up Double Digits This Year – Blockworks
Permissionless is the brainchild of Blockworks and Bankless. Over 5,500 people attended the inaugural event in 2022, making Permissionless the world’s largest DeFi conference. What sets Permissionless apart? It’s a crypto native’s paradise, crafted specifically for both builders and investors who […] Source link
Read More »Grayscale Bitcoin Trust Discount Shrinks To 38%
The Grayscale Bitcoin Trust (GBTC) took a surprising development yesterday, Monday, January 9, when the world’s largest private BTC fund rose 12% in price. As TradingView data shows, the GBTC share price stood at $8.65 at the close of trading on Friday. However, during the course of Monday, GBTC saw unexpected buying pressure that pushed the price to $9.72. In contrast, the Bitcoin spot price stagnated around the $17,200 level yesterday. This circumstance has contributed to the GBTC… Source link
Read More »Bullish Signal Flashing for Two of Ethereum’s Biggest Rivals, Says Crypto Insights Firm
A leading analytics firm says that crypto trader sentiment surrounding Cardano (ADA) and Binance Coin (BNB) suggests that both assets could be poised for rallies. Santiment notes that the crypto community has a bearish sentiment regarding both Ethereum (ETH) competitors, compared to a bullish crowd outlook on ETH and payments network XRP. “With crypto market caps bouncing very much in independent directions, we’re seeing notably euphoric crowd sentiment on XRP and ETH. Traders… Source link
Read More »Terra accidental airdrop leads to smear campaign, community member claims
Terraform Labs (TFL), the firm behind the defunct algorithmic stablecoin TerraUST (USTC), and its co-founder Do Kwon is back in the limelight again for allegedly running a smear campaign and issuing threats against one of their own community members. It all started in the month of May with the genesis airdrop that was planned after the original ecosystem imploded in the wake of its stablecoin depeg. TFL, in a Twitter thread, claimed that Jimmy Le, a community member entrusted with Terra… Source link
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