Monero achieves a low risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk. InvestorsObserver is giving Monero a low… Source link

Photo: Anthony Kwan (Getty Images) Even cryptocurrency’s most accomplished tech wizards apparently aren’t immune from the occasional wallet-draining hack. Luke Dashjr, one of the original core developers for Bitcoin, claims that someone swiped hundreds of BTC from his accounts late last year—leaving him to start 2023 with nothing but an empty wallet and a heart full of woe. Dashjr, who has worked for the Bitcoin Project for the past twelve years, took to Twitter on Sunday to lament the… Source link

It’s 14 years exactly since the launch of bitcoin and one big mystery remains unanswered: why is the front page headline of a UK newspaper from Saturday, January 3, 2009, baked into the code of the first bitcoin block? January 3 has become Independence Day among those who fear centralisation, with the genesis block their digital Liberty Bell. Hiding a bank bailout reference in bitcoin’s foundation stone was more than a timestamp or lorem… Source link

Known to be one of the oldest cryptocurrencies in the world, Litecoin (LTC) has been making headlines as it reported record high transaction numbers. According to the altcoin’s official Twitter account, it has serviced 39 million transactions as of December 29.  Add on to this the accompanying news that it has also hit second place in the unique addresses metric which grew to 52 million. These very bullish developments led to the token pumping 7% in the weekly timescale, according to… Source link

Bitcoin moved closer to the $17,000 level on Tuesday, as market volume begins to pick up following the New Year’s celebrations. This comes as traders turn their attention to tomorrow’s Federal Open Market Committee (FOMC) minutes report. Ethereum also continued to trade above $1,200 in today’s session. Bitcoin Bitcoin (BTC) edged closer to the $17,000 level on Tuesday, as traders turned their attention to Wednesday’s FOMC minutes report. BTC/USD hit a high of $16,760.45… Source link

Among the countless criticisms of crypto that emerged during its rise over the last several years, the environmental footprint of major blockchains like Bitcoin and Ethereum has been a major sticking point. But for Ethereum, those concerns are no longer valid thanks to a blockchain upgrade called “the Merge” that Ethereum’s global network of developers implemented on September 15, following years of planning and delays. The Merge changed what security model Ethereum uses to process the… Source link

Vitalik Buterin, the founder of smart contract protocol Ethereum (ETH), is breaking down what he’s bullish on for 2023. The crypto pioneer says that he’s hopeful Ethereum will reach the “basic roll-up scaling” milestone in his roadmap diagram shared on Twitter. Buterin says that milestone includes rolling out Ethereum Improvement Proposal (EIP) 4844. Explains EIP-4844’s website, “EIP-4844 introduces a new kind of transaction type to Ethereum which accepts ‘blobs’… Source link

Bitfarms Ltd. – 496 BTC mined in December 2022 –– 4.5 EH/s and 188 MW operating capacity at year end –– BTC-backed loan facility paid off in full – This news release constitutes a “designated news release” for purposes of the Company’s prospectus supplement dated August 16, 2021, to its short form base shelf prospectus dated August 12, 2021. TORONTO, Ontario and BROSSARD, Québec, Jan. 03, 2023 (GLOBE NEWSWIRE) — Bitfarms Ltd. (NASDAQ: BITF // TSX: BITF), a global Bitcoin self-mining… Source link

Monero Classic receives a strong long-term technical score of 96 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. XMC currently holds a superior long-term technical… Source link

“Shorts have stacked on (in LDO) following the outperformance in hopes that early investors sell (as per on-chain evidence),” crypto hedge fund Ouroborus Capital told CoinDesk. “However, it is likely as well that shorts can be squeezed, ushering another leg up as these on-chain sellers were merely closing their perp shorts/spot longs.” Source link