Here’s Another New Book for Bitcoin Skeptics

I expected a fairly lazy and hysterical recounting of the many ills of crypto when I began reading Popping the Crypto Bubble. The ambitious crypto-skeptical book was co-authored earlier this year by financial fraud writer Darren Tseng, fintech consultant Jan Akalin, and software engineer Stephen Diehl—notably, the organizers of September’s historical “no-coiner” conference.  Diehl is the most notorious of this trio. He regales his 58,000-strong Twitter audience with a daily deluge of… Source link

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Analyst Benjamin Cowen Says Crypto Assets Are 50% Undervalued, Predicts When Bitcoin May Rally to ‘Fair Value’

The popular crypto strategist who continues to build a following with timely Bitcoin (BTC) analysis says the king crypto is grossly undervalued. In a new interview on the Real Vision Crypto channel, Cowen says that crypto assets are massively undervalued based on the logarithmic regression model. “This chart is something I’ve shown a few times in the past. The blue line is the total cryptocurrency market capitalization. The red line is what’s called the fair value… Source link

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Ethereum Bearish Pressure Can Drag ETH Back To $1,000 Level

Ethereum completed its shift from proof-of-work (PoW) to proof-of-stake (PoS) via the highly anticipated “merge” last September 15, 2022. But after more than a month from that historic event, Bitcoin’s closest rival still has nothing to show for as its price flat-lined as it failed to take off despite the hype that surrounded the second largest cryptocurrency before the merge. Ethereum struggles to breach and sustain the $1,300 marker ETH is caught in a… Source link

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Litecoin And How It Works

Litecoin And How It Works

By CNBCTV18.com Oct 22, 2022, 10:23 AM IST (Published) Mini Litecoin is a project from the era when a few bull runs had already solidified Bitcoin as the leading player in the cryptoverse. From Litecoin’s founder to its pricing over the years, it has followed a trajectory similar to Bitcoin, improving wherever it can. In this article, we discuss Litecoin, its creation, purpose and how it works. If there was one cryptocurrency that could be explained, both in tokenomics and in function, in… Source link

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Litecoin And How It Works

Litecoin And How It Works

By CNBCTV18.com Oct 22, 2022, 10:23 AM IST (Published) Mini Litecoin is a project from the era when a few bull runs had already solidified Bitcoin as the leading player in the cryptoverse. From Litecoin’s founder to its pricing over the years, it has followed a trajectory similar to Bitcoin, improving wherever it can. In this article, we discuss Litecoin, its creation, purpose and how it works. If there was one cryptocurrency that could be explained, both in tokenomics and in function, in… Source link

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Litecoin’s whale transactions spike, but what could it mean for retailers

The week so far has been marked by a significant spike in Litecoin’s [LTC] address activity and whale transactions, according to the data from Santiment. Whale transactions valued above $1 million clinched their highest daily count so far this year during the trading session of 20 October. ⚡️ #Litecoin has been quietly under the radar in 2022, but address activity & whale transactions have exploded this week. Particularly with $1m+ valued transactions on the network,… Source link

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Here’s how Bitcoin pro traders plan to profit from BTC’s eventual pop above $20K

Here’s how Bitcoin pro traders plan to profit from BTC’s eventual pop above $20K

Bitcoin (BTC) entered an ascending channel in mid-September and has continued to trade sideways activity near $19,500. Due to the bullish nature of the technical formation and a drop in the sell pressure from troubled miners, analysts expect a price increase over the next couple of months. Bitcoin/USD price at FTX. Source: TradingView Independent analyst @el_crypto_prof noted that BTC’s price formed a “1-2-3 Reversal-Pattern” on a daily time frame, hinting that $20,000 could flip to support… Source link

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Ethereum Offers Unparalleled Benefits for Businesses

The cryptocurrency market has experienced massive growth in recent years. This popularity is linked to the digital coins’ potential to offer unique benefits that fiat money doesn’t have. Since more people have joined the crypto universe, businesses have had no alternative but to implement cryptocurrency as an alternative payment method. Ethereum is the second most popular cryptocurrency and is constantly evolving. With its many use cases, Ethereum has become a reliable… Source link

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Bitcoin Below $19K After Trading Flat for the Past Week – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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