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Cryptocurrency investors continue to enjoy this week’s bullish price action after Bitcoin (BTC), Ether (ETH) and a handful of altcoins rallied on July 20 alongside gains in the traditional markets.  Data from Cointelegraph Markets Pro and TradingView shows that a midday rally by Bitcoin bulls managed to lift the top crypto to a daily high of $24,281, which sparked a new round of bullish proclamations on Crypto Twitter. BTC/USDT 1-day chart. Source: TradingView While the week-long climb has… Source link

Litecoin price has breached a triangle consolidation to the upside. If the technicals are correct a rally towards $70 is underway. Litecoin price currently trades at $60.21 as the bulls have established a new monthly high with a large bullish engulfing candle. The invalidation of the bullish trend can be a break below the triangle at $55. LTC/USDT 3-Hour Chart Source link

Text size Bitcoin prices have already rallied this week. Jack Guez/AFP via Getty Images The price of Bitcoin Source link

Griff Green, founder of decentralized charity platform Giveth, argued the state justifies its negatives (surveillance, overtaxation, etc.) with its positives (roads, parks, etc.). Crypto’s hyperregen tactic is to wither away the state’s stranglehold on the positives until all that is left is the negative, undercutting any justification for the existence of the state at all. Source link

New Daily Addresses refer to first-time wallet users on any blockchain network, which can signal growth and adoption. On Solana, new users peaked at over 400,000 in May before gradually declining to 240,000 users this week. These figures are a jump from December 2021’s levels of 150,000 to 170,000 new users each day. Source link

Litecoin receives a strong long-term technical score of 83 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. LTC currently holds a superior long-term technical analysis… Source link

Text size Cryptos prices are well off their recent lows but remain down this year. Ozan Kose/AFP via Getty Images … Source link

Editah Patrick Editah is a versatile fintech analyst with a deep understanding of blockchain domains. As much as technology fascinates her, she finds the intersection of both technology and finance mind-blowing. Her particular interest in digital wallets and blockchain aids her audience. Source link

Web3 infrastructure provider Polygon today announced the launch of Polygon zkEVM (zero-knowledge Ethereum Virtual Machine), which is said to be the “first” Ethereum-compatible scaling solution that uses the cryptographic method called zero-knowledge proofs. Previously known as Matic Network, Polygon is an interoperability and scaling protocol for launching Ethereum-compatible blockchains. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types… Source link

“With the rules of the future games of mining, staking and trading still pretty murky, and the value of crypto assets hugely sensitive to volatile conditions in financial markets, it’s clear investing in the crypto Wild West is still a very risky business,” explained Susannah Streeter, senior markets analyst at Hargreaves Lansdown, in an email. Source link