Bitcoin, Ethereum, Crypto News and Price Data – CoinDesk

Bitcoin, Ethereum, Crypto News and Price Data – CoinDesk

“We’re starting to see more demand from the consumer side for transparency into what’s happening in supply chains, and this phenomenon started with food,” James-Lubin said. “In the grocery store, you may see labels saying things like product from Argentina or Australia, or organic, and people used to take the retailer’s word for it. Now they want to know what it actually means – which farms did the food come from, what has happened to these products along the way.” Source link

Read More »

Bitcoin's Pre-Jackson Hole Decline Leaves Room for 'Buy The Fact' Bounce – CoinDesk

Bitcoin's Pre-Jackson Hole Decline Leaves Room for 'Buy The Fact' Bounce – CoinDesk

Bitcoin (BTC), the leading cryptocurrency by market value, has dropped by 13% since reaching a high of $25,000 on Aug. 15, CoinDesk data shows. Wall Street’s tech index Nasdaq has lost nearly 6% since Aug. 15, while the dollar index, which gauges the greenback’s exchange rate against major fiat currencies, has jumped 2.5%. The U.S. 10-year bond yield has increased by nearly 30 basis points. Source link

Read More »

Despite Industry Leaders Like The Sandbox And Monero — How Will Big Eyes Coin Rule The Market In The Next Five Years?

Blockchain-savvy developers are attempting to create all-encompassing NFT-based video games, or a “Metaverse,” using this technology because the NFT craze from earlier this year is still going strong. Users can trade digital assets that can be turned into cryptocurrencies here for blockchain-based deeds to such investments. We now examine a few of the early rivals in this industry, such as Big Eyes Coin (BIG), The Sandbox (SAND), and Monero (XMR). Big Eyes (BIG) Built on the… Source link

Read More »

Bitcoin Remains At $21K But Bitcoin Cash Surges By 7%

The largest digital currency in the world, Bitcoin, is still fluctuating below the $22K price mark. Meanwhile, its daughter token, BCH, has recently gained some green bars, surging by 7%. BCH is the hard fork of Bitcoin. Its development is structurally and technically in line with those of Bitcoin. However, there’s just one notable difference between these two digital tokens, which is Block Size. Segregated option was not the best answer to the scalability problem of BTC. They observed a… Source link

Read More »

Litecoin [LTC] investors must know that chances of capitulation are…

Litecoin [LTC] investors are still uncertain about their fate especially after starting their week on a low, courtesy of last week’s bearish performance. This is despite a bit of recovery but LTC’s short-term fate is still up in the air. Litecoin’s pullback of last week triggered a retest of its ascending support line. The latter is part of the cryptocurrency’s price channel for the last eight weeks. It has already retested the same support multiple times in the past,… Source link

Read More »

The Ethereum Merge Has an Official Kick-Off Date – 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

Read More »

Bitcoin price consolidates above $21,000 as big move imminent for BTC

Bitcoin price consolidates above $21,000 as big move imminent for BTC

In early U.S. trading on Wednesday, August 24, the price of Bitcoin (BTC) measured against the U.S. dollar is marginally down 0.27%, according to CoinMarketCap data. Although prices have remained relatively stable this week, so far, bears now appear to have a slight technical edge in the short term, with Bitcoin trading at $21,409, down over 9% in the last seven days.  Bitcoin 7-day candlestick chart. Source: CoinMarketCap What’s more, volatility has been reduced as a result of the… Source link

Read More »

Bitcoin breakout possible as whales close in on sideways BTC price

Bitcoin breakout possible as whales close in on sideways BTC price

Bitcoin (BTC) stayed strictly rangebound on Aug. 24 as buyers and sellers attempted to spark a breakout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Spot price squeeze on the cards Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near $21,500 at the Wall Street open. The pair had seen little action in the 24 hours prior, entering the fifth day of sideways movement within an increasingly tight range. Data from the order book of major exchange Binance… Source link

Read More »

ETH Moves Towards $1,700, BTC Largely Unchanged – Market Updates Bitcoin News

ETH Moves Towards $1,700, BTC Largely Unchanged – Market Updates Bitcoin News

Ethereum moved closer to $1,700 in today’s session, as prices continued to rebound following recent losses. Bitcoin was largely unchanged from Tuesday’s session, as the world’s largest cryptocurrency was once again trading above $21,000. As of writing, the global crypto market cap is trading 0.43% higher. Bitcoin Bitcoin (BTC) continued to trade above $21,000 during Wednesday’s session, as markets consolidated following recent declines. On Monday, BTC/USD slipped to a low of… Source link

Read More »