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Crypto industry players who are bullish on bitcoin point to various reason why they think the digital currency will go up, including rising inflation and increasing institutional investor participation. But an uncertain regulatory environment continues to prove a headwind for bitcoin. STR | NurPhoto via Getty Images On Tuesday some 48,000 bitcoins moved off Coinbase Pro, a favored exchange among institutional investors, according to data provider CryptoQuant. The outflow was the biggest among… Source link

Crypto industry players who are bullish on bitcoin point to various reason why they think the digital currency will go up, including rising inflation and increasing institutional investor participation. But an uncertain regulatory environment continues to prove a headwind for bitcoin. STR | NurPhoto via Getty Images On Tuesday some 48,000 bitcoins moved off Coinbase Pro, a favored exchange among institutional investors, according to data provider CryptoQuant. The outflow was the biggest among… Source link

As we near the end of 2022, the current offerings in the cryptocurrency marketplace are as complex and varied as they have ever been. Myriad options have flooded an already crowded market. Whatever your priorities are for a currency, analyzing the unlimited potential futures of coins can be like trying to read hieroglyphs: complicated, specialized, and open to interpretation. In this article, we’ll lay the facts surrounding three cryptocurrencies that have made a splash recently, from… Source link

Following the implementation of the Merge update and the spike in network activity, Ethereum’s price has decreased by more than 98%. Under the PoW mechanism, in the same period, more than $500 million worth of ETH would have been on the market. Since implementation of the major update, only 6,500 ETH has been issued on the network. At the current price level, it is worth around $8.5 million. Such a low inflow to an asset with almost $10 billion in volume technically makes fresh selling… Source link

Bitcoin was trading at its highest level in the past five days on Tuesday, as prices rose past a key resistance point. Ethereum also rallied to a similar milestone earlier in today’s session, as cryptocurrency markets continue to move away from recent bearish sentiment. As of writing, the global market cap is trading 0.38% higher. Bitcoin Bitcoin moved to its highest point in five days on Tuesday, as bearish sentiment began to gradually fade. BTC/USD hit an intraday high of… Source link

If the price rises by 10% to $11,000, the profit of $1,000 will be paid in BTC valued at the current market price ($11,000). In other words, the trader will earn a profit of 0.09 BTC or 9% on one BTC. On the contrary, if the market drops by 10% to $9,000, the trader will lose $1,000, amounting to a loss of 0.11 BTC or 11% on one BTC. Source link

Ethereum co-founder Vitalik Buterin speaks at ETHDenver on February 18, 2022 in Denver, Colorado. Photo: Michael Ciaglo/Getty Images Ethereum prices have spiked today after its core developers begin preparations for the network’s next, highly anticipated upgrade. On Tuesday, Ethereum (ETH-USD) jumped over 2% to $1,332, up almost 4% in the past week. Check: Crypto live prices The Ethereum Foundation is working on the next major upgrade of its network, the Shanghai Upgrade and a major aspect of… Source link

Ethereum co-founder Vitalik Buterin speaks at ETHDenver on February 18, 2022 in Denver, Colorado. Photo: Michael Ciaglo/Getty Images Ethereum prices have spiked today after its core developers begin preparations for the network’s next, highly anticipated upgrade. On Tuesday, Ethereum (ETH-USD) jumped over 2% to $1,332, up almost 4% in the past week. Check: Crypto live prices The Ethereum Foundation is working on the next major upgrade of its network, the Shanghai Upgrade and a major aspect of… Source link

Bitcoin (BTC) is on track to hit a massive $2 million within six years, asset management guru Lawrence “Larry” Lepard believes. In his latest appearance on the Quoth the Raven podcast on Oct. 16, Lepard said that BTC/USD could “easily” deliver 100x returns from current prices. Lepard: “I personally believe Bitcoin’s going to go up 100x” With Bitcoin in a downtrend for almost a year, bullish BTC price predictions are few and far between. Lepard, already known for his optimism on… Source link

Ethereum is slowly moving higher above the $1,320 level against the US Dollar. ETH could gain pace above the $1,350 and $1,400 resistance levels. Ethereum remained strong above the $1,265 support zone and started a decent increase. The price is now trading above $1,320 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $1,315 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish… Source link