Periods of undervaluation are historically marked by large sell-offs of bitcoin, such as the crash at the beginning of the COVID-19 pandemic or in November 2018. “Whether you bought at $3,200 or $3,800 in 2018, or whether you bought at $5,200 or $6,200 in 2020 ultimately made no difference,” he said. Source link
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Bitcoin (BTC) headed for $20,000 after the July 11 Wall Street open amid fresh warnings to “prepare for new lows.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $20,300 eyed as next support zone to hold Data from Cointelegraph Markets Pro and TradingView showed BTC/USD failing to recover losses that had immediately followed the weekly close at $20,850. The pair had nonetheless locked in its best week’s gains since March, these nonetheless apt to unravel as market uncertainty… Source link
Read More »Solana (SOL) still has room to fall in the near term, but SOL/USD can rally 5,000% if it follows in the footsteps of its top rival Ethereum. That Ethereum 2018 fractal SOL risks dropping to $15 on anticipations it would behave like Ethereum during the market crash in 2018. Notably, Ethereum’s native token Ether (ETH) price fell to nearly $79 in December 2018 after undergoing a 95% correction earlier that year from its peak of $1,529. Afterward, it underwent a long recovery, rising nearly… Source link
Read More »The Monero (XMR) crypto gained more than 5%, with a 135% jump in trading volume in the trailing last 24 hours to Monday morning. XMR is ranked 27th based on its market capitalization, as per Coinmarketcap.com. What is Monero (XMR) crypto? The project, launched in 2014, can hide the identities of the sender or the recipient of the money. Although Bitcoin (BTC) is commonly thought to provide complete anonymity, it is not often the case. It is found that transaction history can be traced back… Source link
Read More »What happened Several of the main cryptocurrencies fell this morning, as investor sentiment is still negative and as the market prepares for a key inflation report later this week. Over the past 24 hours, as of 10:21 a.m. ET today, shares of the world’s largest cryptocurrency, Bitcoin (BTC -4.20%), traded roughly 3% lower. At the same time, shares of the world’s second-largest cryptocurrency, Ethereum (ETH -4.51%), traded roughly 2.7% down and shares of the meme… Source link
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Text size Digital asset prices have collapsed in 2022. Dreamstime Bitcoin and other… Source link
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Text size Digital asset prices have collapsed in 2022. Dreamstime Bitcoin and other… Source link
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Monero (XMR) gets a bullish rating from InvestorsObserver Monday. The coin is up 5.01% to $131.02 while the broader crypto market is down 2.86%. Monero has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Bullish Over the last five days, Monero has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Monero over the… Source link
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Bitcoin started the week in the red, as Monday saw prices fall for a second consecutive session. Following a recent run towards $22,000, the world’s largest crypto dropped below $21,000 earlier today, with ETH slipping below $1,200. Bitcoin Bitcoin dropped below $21,000 on Monday, as prices continued to slip, following a recent encounter with a key resistance point. Since hitting its resistance level of $22,070 on Friday, BTC has fallen for three straight sessions, with today’s… Source link
Read More »Bankless reviewed the performance of the Ethereum Network and its ecosystem in the second quarter of 2022. It addressed the performance of the network in four key areas: protocols, decentralized finance (DFI), non-fungible tokens (NFTs), and Layer 2. It highlighted key developments in the Ethereum ecosystem over the past quarter head of the Ethereum 2.0 merger. In its new study titled “State of Ethereum Report — Q2, 2022,” Bankless reviewed the performance of the… Source link
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