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Monero (XMR) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Thursday, the Digital Money has declined 1.88% to $139.85. InvestorsObserver is giving Monero a 23 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero! Low Volatility InvestorsObserver gives Monero a low volatility rank of 23, placing it in the bottom 23% of cryptos on… Source link

With bitcoin holding steady even as the Fed raises its benchmark rate by another 0.75 percentage points, plus a look at implications of the newly upgraded Ethereum, CoinDesk’s “Markets Daily” is back with the latest news roundup. September 22, 2022 Listen on: Source link

ETHW was created by miners, but what happens next? – Photo: Shutterstock It’s one of the more potentially interesting new cryptocurrencies, but what is ethereum pow (ETHW)? Let’s take a look and see what we can find out about this coin, and also examine some of the few ethereum pow price predictions that were being made as of 22 September 2022, too.  What is Ethereum PoW? Ethereum is one of the biggest blockchains out there, and its native ether (ETH) coin is the second-largest

A Bitcoin (BTC) on-chain indicator, which tracks the amount of coin supply held by long-term holders (LTHs) in losses, is signaling that a market bottom could be close. Eerily accurate Bitcoin bottom pundit As of Sept. 22, approximately 30% of Bitcoin’s LTHs were facing losses due to BTC’s decline from $69,000 in November 2021 to around $19,000 now. That is about 3%–5% below the level that previously coincided with Bitcoin’s market bottoms. For instance, in March 2020, Bitcoin price declined… Source link

“Even if central banks tighten monetary policy further, the situation will not worsen more, for the current performance of crypto assets is terrible enough,” Griffin Ardern, volatility trader from crypto asset management-firm Blofin, told CoinDesk’s Omkar Godbole. Source link

Billionaire Mike Novogratz is predicting Ethereum (ETH) is near the bottom after its successful merge upgrade earlier this month. In a new CNBC interview, the CEO of Galaxy Digital praises the Ethereum merge and makes a bottom price prediction, while also ruling out a “catastrophic fall” in the price of Bitcoin (BTC). “Ethereum has had a pretty big move down. We had the merge. The merge was an amazing accomplishment in lots of ways, right? It shows that a decentralized… Source link

Text size Crypto prices are steadying following the latest interest-rate hike from the Fed. Dreamstime … Source link

Ethereum price hit a floor of $1,243.89 in the aftermath of the Fed rate decision. ETH price could not try and get away from the dollar pressure holding cryptocurrencies in its grasp. With five other central banks scheduled to make announcements today, expect to see violent moves in forex and crypto markets. Ethereum (ETH) price is getting a lesson on central banking 101 on Thursday as over five central banks are set to shed light on the current economic situation… Source link

Bitcoin immediately felt the impact of Wednesday’s Federal Reserve interest rate increase and failed to gain upward traction. Other macroeconomic variables also contributed to the decline of the world’s leading cryptocurrencies, including Ethereum and other significant cryptocurrencies. Bitcoin lost its grip on the critical $19,000 handle following the U.S. central bank’s announcement. As of this writing, BTC is trading at $18,950, down 5.5% in the last… Source link

Few words outside of politics polarize more than cryptocurrency. Crypto is among the most urgent of current tech topics, driven by billions of cryptocurrency trades weekly — bitcoin and so many others — and a cultural stigma perhaps unseen in finance since the days of the Wall Street wolves of the 1980s. Almost since its creation, crypto has been characterized by sudden wealth creation, surprise hacks, big scams, bold promises and shattered dreams. And the craziest part is no one can say… Source link