How low can Ethereum price drop versus Bitcoin amid the DeFi contagion?

How low can Ethereum price drop versus Bitcoin amid the DeFi contagion?

Ethereum’s native token Ether (ETH) has declined by more than 35% against Bitcoin (BTC) since December 2021 with a potential to decline further in the coming months. ETH/BTC weekly price chart. Source: TradingView ETH/BTC dynamics The ETH/BTC pair’s bullish trends typically suggest an increasing risk appetite among crypto traders, where speculation is more focused on Ether’s future valuations versus keeping their capital long-term in BTC.  Conversely, a bearish ETH/BTC cycle is typically… Source link

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As Bitcoin Scales With Lightning Network, What Role Does Litecoin Have to Play?

As Bitcoin Scales With Lightning Network, What Role Does Litecoin Have to Play?

Source: Adobe/Sergey   The market has seen a wave of capitulation among many of the coins that were put forward as faster, lower cost, or higher throughput alternatives to Bitcoin. “Bitcoin still has market share, but Litecoin is the second most transacted digital currency for payments.” Litecoin still operates as a kind of useful testnet for Bitcoin. At the time of writing, Litecoin (LTC) is the 20th biggest cryptoasset by market… Source link

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Are Cardano (ADA), Litecoin (LTC) and RoboApe (RBA) Worth the Money? – The Jerusalem Post

The 2022 crypto crash has led to a cautious approach among buyers and market influencers. With financial markets struggling to get rid of the bearish trend, every purchase in the coin market needs careful study. As the cryptocurrency market continues to trade low, it offers a good chance to buy now and make money later.  However, there are more than 19,000 coins in the market. Buyers need to know which of these crypto tokens are worth their purchase. Let’s see if a portfolio of the two… Source link

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Small-time investors achieve the 1 BTC dream as Bitcoin holds $20k range

Ever since early Bitcoin (BTC) investors woke up millionaires as the ecosystem gained tremendous popularity alongside the mainstreaming of the internet, investors across the globe have been in the rush to accumulate as many of the 21 million BTC — one Satoshi at a time. With BTC recently trading at the $20,000 range for the first time since 2020, small-time investors found a small window of opportunity to achieve their dream of owning at least 1 BTC. On June 20, Cointelegraph reported that… Source link

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Ethereum 2.0, active addresses, transactions- Untangling the metric talks

In light of the recent crypto market crash, Ethereum [ETH] can be considered one of the worst-hit tokens. Given the performance of the token in the past couple of days, it can be hard to imagine the token back above the $1,000 support line. At the height of the crisis, ETH prices had dropped as low as $895 but have recovered almost in flash. Meanwhile, the entire crypto market has seen a revival in the past week or so after threats of a crypto winter loomed largely. Finally… Source link

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Bitcoin may still see ‘wild’ weekend as BTC price avoids key $22K zone

Bitcoin may still see ‘wild’ weekend as BTC price avoids key $22K zone

Bitcoin (BTC) focused on $21,000 into the weekend amid warnings that volatility could still consume the market before Monday. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView S&P 500 sees second best week of 2022 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD broadly higher in its recent trading range after U.S. stocks ended the week strong. As noted by markets commentators Holger Zschaepitz, the S&P 500 sealed its second best week of 2022, indicative of modest… Source link

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Litecoin (LTC) Up 5.13% Saturday: What’s Next?

Litecoin (LTC) Up 5.13% Saturday: What’s Next?

Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Digital Money has gained 5.13% to $58.28. InvestorsObserver is giving Litecoin a 27 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Moderately Volatile InvestorsObserver gives Litecoin a moderate volatility rank of 27, placing it in the bottom 27% of cryptos… Source link

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A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Moved on Friday – Bitcoin News

A String of 200 ‘Sleeping Bitcoins’ From 2010 Worth $4.27 Million Moved on Friday – Bitcoin News

While the price of bitcoin is holding above the $21K per unit range, four bitcoin block rewards mined in 2010 were spent for the first time in over 11 years. The four block rewards were mined between September and October 2010 and the 200 bitcoin worth $4.27 million were transferred to an unknown wallet. 4 Consecutive Block Rewards Spent on June 24, Data Suggests Spends Were Executed by a Single Entity A large number of so-called ‘sleeping bitcoins’ have awoken from slumber as… Source link

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This Week in Coins: Bitcoin and Ethereum Lead Sizable Recovery Among Top Cryptocurrencies

This week in coins. Illustration by Mitchell Preffer for Decrypt. Crypto markets have recovered a bit, following last week’s brutal crash that shaved off more than 30% of the value from leading coins Bitcoin and Ethereum, which dropped to levels not seen since 2020. Bitcoin is up more than 10% over the last seven days, trading for $21,013 as of this writing, and Ethereum reclaimed even more territory, surging more than 19% to $1,189. Polygon’s week was even better: It rose almost 59% to… Source link

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Ethereum Merge to Be Executed on Second Major Testnet: Details

Ethereum Merge to Be Executed on Second Major Testnet: Details

Vladislav Sopov Galaxy Digital’s analyst Christine Kim, host of Mapping Out Eth 2.0 podcast, shared details of Ethereum’s latest ACD and next steps on road to The Merge Contents Seven “shadow forks” allowed to identify synchronization problems Sepolia Merge expected on July 6 Yesterday, June 24, 2022, Ethereum’s All Core Devs Call #141 summarized the results of the seventh “shadow fork” and suggested solutions for node synchronization issues. Seven “shadow forks” allowed to… Source link

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