Litecoin on a knife’s edge; should investors wait for mid-week clarity

Litecoin [LTC] experienced some selling pressure at the start of the week as the bears took over market dominance. The resulting downside has subsequently pushed LTC towards its August support level, thus entering an uncertainty zone. The level of uncertainty among Litecoin’s investors is evident in its supply distribution. Whales holding between 100,000 and one million LTC coins increased their balances in the last two days. In contrast, addresses holding between 10,000 and… Source link

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Ethereum (ETH) And Crypto Market Could See Higher Prices This Month

As September 13th, the date of the much anticipated Ethereum mainnet merge approaches, the crypto community believes it will determine the fate of both the Ethereum blockchain and the wider crypto ecosystem. However, there is another event set to take place on the same day that may impact the market, the release of the US CPI and inflation data. Crypto Analyst: The Merge Will Not Impact The Fate of ETH And The Wider Crypto Market The reputable crypto analyst,… Source link

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Supontis, Cardano, and Monero – CryptoMode

Supontis, Cardano, and Monero – CryptoMode

In recent times, the blockchain world hasn’t been able to get over the impact of these currencies Supontis (PON), Cardano (ADA), and Monero (XMR). There is still room for inventive cryptocurrencies to make a mark on the cryptocurrency market. Despite developments happening on a daily basis and new cryptocurrencies being generated, these three tokens are making waves in the market. In this article, we discuss in detail how Supontis (PON) might be the best cryptocurrency to buy right… Source link

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Bitcoin whales send BTC to futures exchanges in ‘classic’ bottom signal

Bitcoin (BTC) whales are betting on a rebound as fresh data shows “classic” bottom behavior. According to on-chain analytics platform CryptoQuant, large-volume investors are moving coins to derivatives exchanges en masse this month. Analyst: Whales protectin positions “forming a local bottom” As BTC/USD hit its lowest levels since the end of June, whales were responding kind. In one of its Quicktake market updates posted on Sept. 7, CryptoQuant analyst Maartunn flagged a marked uptick in… Source link

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Ethereum Merge Explained: What Investors Should Know About the Shift to Proof-of-Stake – CoinDesk

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Gives Back Gains at $37, Merge Still Value Supportive

Gives Back Gains at $37, Merge Still Value Supportive

Ethereum Classic (ETC), Ethereum (ETH), and Lido Finance (Lido) are just some of the cryptocurrencies that have taken significant losses in the last couple of days due to their association with the merger. However, Ethereum Classic is making a bullish reversal of 9.36% in 24 hours.  Previously, Ethereum Classic has plunged by 13% as all eyes have been on ETC and the other Ethereum alternatives as the crypto community near The… Source link

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Crypto Price Today Live: Bitcoin tops $19,000; Ethereum, BNB, Avalanche zoom up to 9%

New Delhi: Crypto tokens rebounded on Thursday ahead of the much-awaited Ethereum merge launch. The top crypto token, Bitcoin, raced past the $19,000 mark once again while other altcoins outperformed the token. Barring the US dollar Tether, all other tokens were trading with solid gains on Thursday. Avalanche rallied over 9 per cent, whereas Ethereum surged 8 per cent. BNB advanced 7 per cent, whereas Solana gained 6 per cent. The global cryptocurrency market cap was trading at the $975.93… Source link

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Litecoin’s in depth bullish vs bearish scenario analysis – FXStreet

Litecoin’s in depth bullish vs bearish scenario analysis – FXStreet

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not… Source link

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Ethereum Overhaul May Cut Its Emissions By 99%

Cryptocurrency mining has frequently been lambasted for being an energy-intensive process. Four years ago, Nature Climate Change warned that Bitcoin mining alone could push global warming over the 2ºC catastrophic threshold in just 14 years if adoption rates matched those by other broadly used technologies.  And now the world’s second-largest cryptocurrency, ethereum, is about to make a radical technological shift that will cut its carbon footprint by 99%. Ethereum is ditching… Source link

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