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Bitcoin (BTC) said “no” to volatility for a third day on July 7 as Wall Street trading began with little change in mood. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Next move “likely sets direction going forward” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it fluctuated just north of $20,000, retaining a pattern characteristic of the week so far. The pair stayed well within a defined range overnight, leading analysts to assume that a break up or… Source link

Text size Bitcoin prices have advanced this week. Dreamstime Bitcoin prices have… Source link

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Ethereum 2.0 stakers are feeling the full weight of the ongoing bear market, with the vast majority of them now being “firmly underwater” on their positions, according to a new report from blockchain analytics firm Glassnode. With the second-largest cryptocurrency hitting an all-time high of $4,891 in November last year, the total dollar value of staked Ethereum back then reached an impressive $39.7 billion. However, as the prolonged crypto rout brought Ethereum to the current levels of… Source link

A popular analyst is diagnosing the state of four leading crypto assets as the markets approach the weekend on cautious footing. Pseudonymous crypto analyst Altcoin Sherpa tells his 180,000 Twitter followers that if Bitcoin (BTC) can recapture the $20,300 area, then he’ll be eyeing $21,600 as the next leg up. “Still need to see a reclaim of this $20,300 region before any further upside [in my opinion]. $21,600 would be the next target.” Source: Altcoin Sherpa/Twitter Source link

Text size Bitcoin prices have advanced this week. Dreamstime Bitcoin prices have… Source link

Trading across the cryptocurrency market was relatively subdued on July 5 as the ecosystem continues to digest the fallout from the Three Arrows Capital scandal and Voyager Digital announcing that it has filed for Chapter 11 bankruptcy protection.  Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) has spent the day oscillating around the $20,000 support level, ranging from a low of $19,775 to an intraday high of $20,480 on $25.48 billion in trading… Source link

Razi Khan A Master’s graduate in Renewable Energy Systems from England, UK, Razi is a tech-enthusiast. He’s served as a content specialist for BlockPublisher in the US and has been an avid member of the crypto space as a journalist, trader, investor and analyst since 2018. Source link

In brief Ethereum testnet Sepolia today moved over to proof of stake. Just one more testnet remains before the entire network completes the Merge. The Merge, a long-awaited update to the network, is expected to happen this year. Ethereum is one step closer to “The Merge”—its long-awaited move to a proof-of-stake blockchain. Today, another one of its testnets, Sepolia, executed its own merge and made the switch to proof of stake.  A testnet, short for test network, allows those using a… Source link

The crypto crash of June has undoubtedly created various losers. However, an unlikely winner is emerging from this crash and it stands to be Litecoin [LTC]. The altcoin happens to be one of the earliest cryptocurrencies in place and has ramped up activity in recent weeks after a long sabbatical. LTC has also been getting attention after major developments observed in the on-chain data. Where does LTC stand at the moment? Back from the dead Who would have thought Litecoin could… Source link