Bitcoin Cryptocurrency Bitcoin Ethereum Litecoin Monero

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content. Bitcoin has broken out of its trading band (USD 19,000- USD 23,000) and through the resistance of the 50-day moving average on the daily chart. The United Kingdom continues in its efforts to establish a regulatory framework for cryptocurrency, and Jerome Powell stated that the most recent rate hike would be the last… Source link

This is an opinion editorial by Captain Sidd, finance writer and contributor to Bitcoin Magazine. “When deeds speak, words are nothing.” — African proverb Grokking Bitcoin’s potential impact on the world often starts with diving into the enormity of the problem with fiat currency. The vast moral hazards and twisted incentives inherent in any centrally controlled monetary system or market make for plenty of pains to highlight. It’s no surprise then that Bitcoiners — especially on… Source link

The king of altcoins has shared a close correlation with Bitcoin since forever. Needless to say, every move made by the king coin has had some impact on Ethereum. That dynamic is beginning to change, however, and this might bear a good result for the second-generation cryptocurrency and its investors. Ethereum rises beyond Bitcoin Over the last couple of weeks, the crypto-market has fluctuated between bullish and bearish. Although on a macro time frame, Ethereum has gained… Source link

Monero Classic receives a strong long-term technical score of 73 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. XMC currently holds a superior long-term technical… Source link

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin’s growth over the last month has expedited bullish recovery efforts in the crypto-market. The spillover effects of this growth in the altcoin market were quite evident, especially with double-digit monthly gains. As a result, Litecoin [LTC] buyers found renewed pressure that encouraged its recovery beyond the 20 EMA (red) and the 50… Source link

Ethereum co-founder Vitalik Buterin said the blockchain’s software transition is unlikely to be significantly impacted even if some miners gravitate to alternative chains to mint tokens. Ethereum Classic, an earlier fork which still uses the proof-of-work mechanism that relies on massive electricity, could be one of the biggest beneficiaries of any miner exodus. Ethereum’s upgrade is expected to impact earnings for as many as one million miners. Some that are already looking for a… Source link

Monero [XMR] was among the few crypto-assets to take full advantage of the bullish retracement in July. Seeing its price hike from $118 to $154, July saw the altcoin record a 30% uptick. According to data from Santiment, while the rest of the cryptocurrency market suffered at the hands of the bears in June, XMR has rallied gradually by over 41% since the middle of that month. Additionally, on 5 August, on-chain data revealed that the crypto flashed a massive spike in its… Source link

Bitcoin (BTC) rose above $23,000 again into Aug. 6 as new analysis predicted a potential surge of 20% or more. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Daily chart gives trader $30,000 target Data from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing overnight to once again sit near the top of its established trading range. After multiple attempts to break out above range resistance at $23,500, the pair appeared to still be stuck in limbo at the time of… Source link

Ether (ETH), Ethereum’s native toke, has been continuing its uptrend against Bitcoin (BTC) as euphoria around its upcoming network upgrade, “the Merge,” grows. ETH at multi-month highs against BTC On the daily chart, ETH/BTC surged to an intraday high of 0.075 on Aug. 6, following a 1.5% upside move. Meanwhile, the pair’s gains came as a part of a broader rebound trend that started a month ago at 0.049, amounting to approximately 50% gains. ETH/BTC daily price chart. Source: TradingView The… Source link

Yuri Molchan Monero has been emerging from under radar with a huge spike in sentiment Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose. Santiment data aggregator has reported that… Source link