Ethereum Layer 2 Network Optimism Sees Bump in Transactional Activity. Here's Why it Matters – CoinDesk

Ethereum Layer 2 Network Optimism Sees Bump in Transactional Activity. Here's Why it Matters – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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Bitcoin inches closer to a 10-year record, as other stats turn bullish

The world’s first cryptocurrency Bitcoin (BTC) is one day away from matching its historic 15-day win streak if its positive price movement keeps up. In November 2013 Bitcoin posted a 15-day consistent positive price movement, the longest in its history. ₿REAKING: #Bitcoin price has increased 14 days in row — A single day away from making a historic new record! pic.twitter.com/qclJhikcds — Documenting ₿itcoin (@DocumentingBTC) January 17, 2023 Right now, BTC is on day 14 of its win… Source link

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Coinbase up 69%, MicroStrategy up 74% since lows

Coinbase up 69%, MicroStrategy up 74% since lows

The share price of cryptocurrency exchange Coinbase has surged by 69% since its all time lows and other crypto-related stocks including business intelligence firm MicroStrategy have recorded similar jumps with green candles all around since the start of 2023. The share price of Coinbase fell as low as $31.95 on Jan. 6, before shooting up to $54.14 by the close of trading on Jan. 17. Coinbase’s share price for the last month. Source: Yahoo Finance The rising share price will likely be… Source link

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Bitcoin Holds Steady Above $21K; Congress' FTX Problem – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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Bitcoin Hangs Tough Over $21K for Another Day

Good morning. Here’s what’s happening: Prices: Bitcoin traded above $21,000 for a fourth consecutive day. Insights: Why are tokens for metaverse majors rallying when the platforms are struggling to keep users engaged? Prices CoinDesk Market Index (CMI) 1,017.20 +8.4 ▲ 0.8% Bitcoin (BTC) $21,215 +250.5 ▲ 1.2% Ethereum (ETH) $1,573 +23.8 ▲ 1.5% S&P 500 daily close 3,990.97 −8.1 ▼ 0.2% Gold $1,910 −2.7 ▼ 0.1% Treasury Yield 10 Years 3.54% ▲ 0.0 BTC/ETH prices per CoinDesk… Source link

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Monero (XMR) Rises 2.5%, Outperforms the Crypto Market Tuesday

Monero (XMR) Rises 2.5%, Outperforms the Crypto Market Tuesday

Monero (XMR) has been relatively less volatile when compared to other cryptocurrencies. So far Tuesday, the Digital Money has increased 2.5% to $171.94. InvestorsObserver is giving Monero a 14 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero! Low Volatility InvestorsObserver gives Monero a low volatility rank of 14, placing it in the bottom 14% of cryptos on the market. The Volatility… Source link

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Top Analyst Says Major Shift in Behavior Happening for Bitcoin (BTC), Updates Outlook on Litecoin (LTC)

A popular analyst who correctly called Bitcoin’s (BTC) ascent above $20,000 says he’ll remain bullish on the king crypto until proven otherwise. Pseudonymous analyst DonAlt tells his 452,700 Twitter followers that Bitcoin’s strong performance last week suggests that BTC bears are starting to lose momentum. “Weekly close above $19,300 and we’ve reclaimed the first major support ever since the all-time high and the start of the bear market. That’d be a major shift in… Source link

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Bitcoin Holds Strength Above $21K, Congress’ FTX Problem

More than one in three of the 535 senators and representatives in the U.S. Congress showed up to the new session with FTX baggage, having received campaign support from one of the senior executives of the fraud-ridden crypto giant, according to the latest report by CoinDesk’s Jesse Hamilton, Cheyenne Ligon and Elizabeth Napolitano. This article originally appeared in Crypto Markets Today, CoinDesk’s daily newsletter diving into what happened in today’s crypto markets. Subscribe to get it in… Source link

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