Bitcoin Cryptocurrency Bitcoin Ethereum Litecoin Monero

The price of Monero (XMR) is trading above $100 at the beginning of October and the technical picture implies that the price may advance again above $110. Fundamental analysis: Chainalysis won the contract to break Monero security Investors in Monero should have in mind that this is a still very risky cryptocurrency but now could be a good time to trade Monero (XMR). The transaction volumes of this cryptocurrency are expected to increase and once this happens, the price of Monero will be at… Source link

Bitcoin (BTC) price appears on the verge of closing another week pinned below the $11,000 resistance but given the major events of the week, things could have been so much worse.  Cryptocurrency daily market performance snapshot. Source: Coin360 The top-ranked cryptocurrency by market cap held its ground as KuCoin revealed more than $150 million worth of assets had been stolen from the exchange, and the price only stumbled slightly as the CTFC announced that legal action was being taken… Source link

Ethereum Ethereum slid by 2.02% on Friday. Following on from a 1.97% decline on Thursday, Ethereum ended the day at $345.70. A range-bound start to the day saw Ethereum rise to an early morning intraday high $354.25 before hitting reverse. Falling well short of the first major resistance level at $367.10, Ethereum slid to a late morning intraday low $334.19. Ethereum fell through the first major support level at $341.86. Steering clear of the second major support level at $330.81 briefly… Source link

According to the latest SEC disclosure by the Grayscale Ethereum Trust, or ETHE, the impending transition of Ethereum (ETH) to the proof-of-stake consensus represents a risk that could have a “material adverse effect” on its shares. The ETHE recently filed an application with the regulator to become an SEC-reporting company. Companies of this nature are required to discuss the risk factors that may have an adverse impact on the their performance within all quarterly and annual reports. One… Source link

Bitcoin has performed well in the face of a bleak news cycle while stablecoin assets in the crypto ecosystem continue to grow. Bitcoin (BTC) trading around $10,515 as of 20:00 UTC (4 p.m. ET). Slipping 0.44% over the previous 24 hours. Bitcoin’s 24-hour range: $10,362-$10,667 BTC above its 10-day moving average but below the 50-day, a sideways signal for market technicians. Bitcoin trading on Coinbase since September 30.Source: TradingView Bitcoin’s price stumbled in the early hours of… Source link

Crypto intelligence firm Chainalysis and data forensics company Integra Fec have won a combined $1.25 million contract to provide tools that break the privacy-focused coin, monero, for the U.S. Internal Revenue Service (IRS). Floated early September, the one-year contract specifically covers transactions involving monero (XMR) and second-layer payment solutions such as bitcoin’s lightning network (LN) – features considered by the IRS as conduits for criminal financial activity. Privacy… Source link

The United States stock market plunged as the Dow Jones Industrial Average (DJIA) dropped 358 points in pre-market trading. The Bitcoin (BTC) price dropped to as low as $10,374 across major exchanges, but a larger pullback is unlikely. The one-hour Bitcoin price chart. Source: TradingView.com Three key reasons could buoy the near-term sentiment of Bitcoin. The potential catalysts are the likelihood of a stimulus package, BTC’s strong technical reaction, and the resilient $10,5000 support… Source link

Bitcoin (BTC) futures volume and open interest are declining rapidly. Data shows that since the September peak, BTC futures volume has dropped by 60% from over $25 billion to around $10 billion. Bitcoin futures volume by exchange (September). Source: Digital Assets Data While the decline in trading activity could ostensibly seem like a negative metric, it could also indicate that a bull cycle is emerging.  Why declining futures market activity could boost Bitcoin price The Bitcoin futures… Source link

Maker Price Prediction: MKR’s Utility Explodes, Kick-Starting A Massive Rally Aiming For $700 Maker is up over 30% in the last seven days and 15% in the previous 24 hours. The token is the second-largest in terms of value locked in the decentralized finance (DeFi) ecosystem. At the moment, Maker boasts of $1.9 billion in total value locked. It comes second after UniSwap, with $2.2 billion. Meanwhile, Maker is doddering at $588 amid a bullish building momentum. The biggest… Source link

Derivative exchange BitMEX’s legal issues with U.S. regulators took a toll on bitcoin’s price while DeFi gave Ethereum miners more fee revenue than ever.  Bitcoin (BTC) trading around $10,582 as of 20:00 UTC (4 p.m. ET). Slipping 1% over the previous 24 hours. Bitcoin’s 24-hour range: $10,427-$10,931 BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians. Bitcoin trading on Coinbase since Sept. 29.Source: TradingView Bitcoin’s price was as high as… Source link