Bitcoin Cryptocurrency Bitcoin Ethereum Litecoin Monero

Crypto analyst Justin Bennett predicted a significant pullback in Bitcoin price as crypto market capitalization takes a hit.  Bennett argues Bitcoin is in the middle of a breakdown from a bearish continuation pattern.  The analyst sets a downside target of $23,500, a 15% decline from the current price level for Bitcoin.  Bitcoin price continues to bleed as crypto market capitalization declines. Analysts believe Bitcoin and altcoins could witness further pullback… Source link

Ethereum lost 20% of its value in the last three days and has performed much worse than Bitcoin. Speculations about the Celsius network liquidity crisis have intensified the panic sell. Where is the bottom? Technical Analysis Technical Analysis By Grizzly The Daily Chart On the daily timeframe, the bears could finally push the price below the key support of $1,700 (marked yellow on the following chart). ETH is now trading at its lowest levels since March 2022. At present, it… Source link

Litecoin has always been overshadowed by its bigger brother Bitcoin. Litecoin was for a long time the second-largest cryptocurrency. However, many newer cryptocurrencies emerged, providing better use cases than Litecoin. That’s why Litecoin dragged and even became out of the top 20 cryptocurrencies by market cap. Today, as the crypto market continues to crash, Litecoin prices dip and aim to reach lower support areas. Is Litecoin dead? Should you buy Bitcoin instead of Litecoin?… Source link

Ethereum’s native token Ether (ETH) entered its “oversold” territory this June 12, for the first time since November 2018, according to its weekly relative strength index (RSI). This is the last time $ETH went oversold on the weekly (hasn’t confirmed here yet). I had no followers, but macro bottom ticked it. Note, you can push way lower on weekly rsi, not trying to catch a bottom. https://t.co/kLCynTKTcS — The Wolf Of All Streets (@scottmelker) June 12, 2022 ETH eyes oversold… Source link

Bitcoin (BTC) saw further losses on June 12 as thin weekend trading volumes fueled an ongoing sell-off. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analyst likens risk asset ‘pump’ to 1929 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $27,150 on its sixth straight day of downside. With hours to go until the weekly close, the pair was in danger of resuming the losing streak, which had previously seen a record nine weeks of red candles in a… Source link

Hundreds of thousands of crypto traders are getting their positions liquidated as Ethereum (ETH) and the rest of the digital asset markets witness another large sell-off event. Data from cryptocurrency futures trading and information site Coinglass shows that more than $521 million worth of crypto positions have been obliterated in the last 24 hours. Traders who were betting on a relief rally suffered the brunt of the sell-off as over $443 million worth of long positions were… Source link

Five South Korean cryptocurrency exchanges recently said they will delist litecoin because the crypto asset’s Mimblewimble Extension Blocks (MWEB) upgrade violates the country’s laws. As a result, the exchanges’ users cannot use the Korean won to trade the crypto asset, which has since been named a “dark coin.” Upgrade Violates Specific Financial Information Act Following the recent Mimblewimble Extension Blocks (MWEB) upgrade to litecoin, five of South Korea’s major… Source link

Although digital assets have recently gained popularity, expert investors are big on decentralised finance (DeFi). Many believe that DeFi is the key to unlocking crypto’s full potential. Here is why. What Is DeFi? Although many people claim to have made thousands of dollars by trading cryptocurrency, it is always important that you do your own research before investing in an asset. This is because making the right investment can be your key to success. But picking a token that will continue… Source link

Cryptocurrency has long been downplayed by governments and central banks as a fantasy world; a place of make-believe for rich kids; a currency of no real substance. This has never been the case though, and now more than ever we are seeing just how important cryptocurrency is for the future of financial independence for the human race. Mehracki (MKI), Ethereum (ETH) and Dash (DASH) are making cryptocurrency very much part of the real world, and each poses a huge threat to the global elite’s… Source link

Andrew is a blockchain developer who developed his interest in cryptocurrencies while his post-graduation. He is a keen observer of details and shares his passion for writing along with being a developer. His backend knowledge about blockchain helps him give a unique perspective to his writing Source link