Data shows the Ethereum supply locked in the ETH 2.0 staking contract was holding unrealized losses amounting to almost $15 billion just a few days back. Realized Price Of ETH 2.0 Deposits 44% More Than Normal Supply As per a special report released by Glassnode and CoinMarketCap, the Ethereum locked into the 2.0 contract is holding heavy losses right now. A relevant metric here is the “realized cap,” which is a method of calculating the capitalization by… Source link
Read More »Litecoin Plus (LCP) Falls 0.36%, Underperforms the Crypto Market Saturday
Litecoin Plus (LCP) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has declined 36.32% to $0.001960979671. InvestorsObserver is giving Litecoin Plus a 88 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin Plus! Highly Volatile InvestorsObserver gives Litecoin Plus a high volatility rank of 88, placing it… Source link
Read More »How Does the Chart Look Saturday?
Litecoin receives an average long-term technical score of 58 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. Currently, LTC holds a superior long-term technical analysis score than 58% of… Source link
Read More »Fidelity’s Bitcoin Move Is Getting All the Wrong Publicity
Text size Dreamstime What would Ned Johnson do? The late, great Fidelity Investments honcho built his family’s… Source link
Read More »This Week in Coins: Bitcoin and Ethereum See Continued Growth as Merge Looms
This week in coins. Illustration by Mitchell Preffer for Decrypt Last week’s market-wide positive price action was sustained this week as leading cryptocurrencies continued making significant gains. Bitcoin, as of this writing, had added 8.5% to its market value to sell for $24,214, and Ethereum fans enjoyed an even greater rally, with their favorite coin blowing up 12.5% to $1,714. Much of the buzz around Ethereum is down to the fact the network is laying the groundwork for a major… Source link
Read More »Historically accurate Bitcoin metric exits buy zone in ‘unprecedented’ 2022 bear market
Bitcoin (BTC) is enjoying what some are calling a “bear market rally” and has gained 20% in July, but price action is still confusing analysts. As the July monthly close approaches, the Puell Multiple has left its bottom zone, leading to hopes that the worst of the losses may be in the past. Puell Multiple attempts to cement breakout The Puell Multiple one of the best-known on-chain Bitcoin metrics. It measures the value of mined bitcoins on a given day compared to the value of those mined in… Source link
Read More »BTC, ETH Consolidate to Start the Weekend – Market Updates Bitcoin News
Following strong gains on Friday, bitcoin was consolidating under a key resistance level to start the weekend. Bulls opted to secure gains as price uncertainty heightened in crypto markets, which as of writing are down 1% on the day. Ethereum was also marginally lower in the session. Bitcoin After strong gains on Friday, bitcoin (BTC) was trading marginally lower on Saturday, as prices fell below a key resistance point. Following yesterday’s high of $24,294.79, which saw prices… Source link
Read More »Market Wrap: Bitcoin and Other Cryptos Gain for Second Straight Week – CoinDesk
On Friday, the Fear and Greed Index was 39, which falls within the “fear” category, but is much higher than the 6 – an extreme fear level – of June 18. In the last 12 months, the index’s highest reading of 84 – extreme greed – came last October when BTC exceeded $60,000. Source link
Read More »Bitcoin struggles to flip $24K to support, but data shows pro traders stacking sats
Bitcoin (BTC) rallied on the back of the United States Federal Reserve’s decision to hike interest rates on July 27. Investors interpreted Federal Reserve chairman Jeremy Powell’s statement as more dovish than the previous FOMC committee meeting, suggesting that the worst moment of tight economic policies is behind us. Another positive news for risk assets came from the U.S. personal consumption expenditures price (PCE) index, which rose 6.8% in June. The move was the biggest since January… Source link
Read More »Is Litecoin (LTC) a Good Investment Friday?
InvestorsObserver analysis gives Litecoin a low risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is… Source link
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