Bitcoin Cryptocurrency Bitcoin Ethereum Litecoin Monero

These are tough times for cryptocurrencies. Their prices are hovering around their levels in the latter months of 2020, which now feels like a world ago. The trading platforms that invite the masses to buy and sell them are laying off workers in droves as their stock prices tank and, in some cases, they prevent customers from making withdrawals. Their stablecoins have turned out to be something less than stable. One case for crypto, that it is less susceptible to manipulation and corruption… Source link

Vitalik Buterin. Source: a video screenshot, Lex Fridman / YouTube   Ethereum (ETH) co-founder Vitalik Buterin has said he is “definitely” worried about centralization risks following The Merge, the event when the current Ethereum Mainnet merges with the beacon chain proof-of-stake (PoS) system. The Ethereum mastermind noted that Lido Finance, the largest provider of staking services for Ethereum, where around a third of staked ETH… Source link

“Opinion amongst investors is extremely polarized, with some seeing this as a great buying opportunity, while others are spooked, liquidating positions,” James Butterfill, head of research at CoinShares, told CoinDesk in an email. “Fund flows are likely to remain mixed.” Source link

“This recovery removes some of the extreme oversold nature of the cryptocurrency,” said Alex Kuptsikevich, a senior market analyst at FxPro. “Still, it will be too early to talk about a long-term reversal: All negative fundamentals remain. Until sharp monetary policy tightening becomes the norm, financial market pressures can quickly negate bounces in cryptocurrencies.” Source link

As the trading activity has picked up in the cryptocurrency market over the last two days, the prices of some virtual currencies are rising and gaining traction among crypto enthusiasts. At 10 AM EST, Monero (XMR) crypto appeared to have caught the attention of potential investors as its price gained 8.3 per cent, trading at US$ 124.13 per token. Also Read: SNX crypto price soars 100% & volume rockets over 700%: Here’s why After dropping significantly over the past two weeks, the valuation… Source link

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Bitcoin was trading higher for a second consecutive session on Tuesday, which is the first time it’s seen back-to-back gains in over two weeks. ETH also climbed in today’s session, as bulls continued to re-enter the market. Bitcoin BTC was trading higher for a second consecutive session on Tuesday, as markets continued to move away from recent lows. Prices hit an intraday peak of $21,387.65 earlier in today’s session, less than a day after trading at a low of $19,905.48.

ETH price bounces back from brief fall below $1,000 as Celsius Network announces re-payment start. Ethereum price has yet to breach the Elliott Wave trend channel. A breach at $366.80 will invalidate the bullish macro count. UPDATE: Ethereum price is trending slightly higher on Tuesday after closing Monday with a Doji candlestick, indicating the start of a potential consolidation period. ETH bulls seeming have been able to finally stabilize somewhat the price… Source link

Over the past 12 months, interest in Bitcoin – the world’s premier crypto currency – has increased, with BTC recording dramatic price fluctuations marked by an all-time high and large corrections. Despite the asset’s present increasing instability, curiosity over the cryptocurrency’s next price movement has sparked a surge in interest. According to Google search patterns, falling BTC prices are fueling rumors about the “death” of the main… Source link