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Text size Bitcoin prices have made a firm recovery this week after a dramatic selloff last week. Dreamstime … Source link

The world’s largest cryptocurrency exchange Binance today announced that it has integrated the layer-2 scaling solution Optimism. However, the exchange only supports deposits at this time; withdrawals aren’t available until the exchange achieves optimal liquidity, explained the exchange. “Binance will open withdrawals for ETH on Optimism Network once there are sufficient assets in our wallet,” read the announcement. Optimism is a layer-2 scaling solution for Ethereum aimed at helping reduce… Source link

Place/Date: – May 20th, 2022 at 10:00 am UTC · 3 min read Source: Gnox While cryptocurrency values have fallen so far this year, they appear to be on the rebound despite rising inflation and global financial concerns. No one knows when the current bear market in cryptocurrencies will end, so investors should invest in assets that have the highest potential to lead the bull run this year. The projects listed below have the potential to lead the bull market in 2022. Litecoin (LTC) The… Source link

Cosmos (ATOM), the token powering the eponymous blockchain network, is up 12.7% over the past 24 hours. ATOM is currently trading at $11.45, according to data from CoinMarketCap. ATOM is the 27th-largest cryptocurrency with a market capitalization of $3.2 billion.  Despite today’s bullish action, ATOM still trades 74% down from its all-time high of $44.70 recorded in September 2021. There has been a spike in the coin’s trading volume across different exchanges. Its total trading volume… Source link

Litecoin price prediction: Will LTC see gains after privacy upgrade? Photo: Paul Biryukov / Shutterstock.com Litecoin’s (LTC) price action has mirrored the weakness of the broader cryptocurrency market in 2022. Though its developer activity reveals the crypto payment network is maturing well in the shadow of its more popular cousin, bitcoin (BTC). The highly-anticipated, privacy-focused Mimblewimble Extension Blocks (MWEB) upgrade went live on 20 May, giving litecoin users the option… Source link

Bitcoin (BTC) hit 48-hour highs overnight into May 20 as U.S. dollar weakness gave bulls some much-needed respite. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar strength declines after 20-year record Data from Cointelegraph Markets Pro and TradingView recorded a high of $30,725 for BTC/USD on Bitstamp. Still struggling to flip $30,000 to reliable support, the pair nonetheless avoided a deeper retracement, helping calm fears that last week’s $23,800 capitulation event did… Source link

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

Bitcoin (BTC) support at the $30,000 level has proven to be quite resilient amidst the turmoil of the past two weeks with many tokens in the top 100 now showing signs of consolidation after prices bounced off their recent lows. Fear & Greed Index. Source: Alternative.me During high volatility and sell-offs, it’s difficult to take a contrarian view and traders might consider putting some distance from all the noise and negative news-flow to focus on their core convictions and reason for… Source link

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

Over the past nine days, Bitcoin’s (BTC) daily closing price fluctuated in a tight range between $28,700 and $31,300. The May 12 collapse of TerraUSD (UST), previously the third-largest stablecoin by market cap, negatively impacted investor confidence and the path for Bitcoin’ price recovery seems clouded after the Nasdaq Composite Stock Market Index plunged 4.7% on May 18. Disappointing quarterly results from top United States retailers are amping up recession fears and on May 18, Target… Source link