A veteran crypto trader is taking to the charts to see where four of the top cryptocurrencies are headed in the spring months. Pseudonymous crypto analyst Kaleo tells his 475,300 Twitter followers that after the recent Bitcoin (BTC) rally, he expects BTC to rise a bit more but then meander in the mid-$50,000 range. “The pump has been spot on so far. My macro-bullish bias hopes the rest of this is wrong and we just continue to pump forever, but have a feeling we hit the breaks… Source link
Read More »Unfair and harmful? • The Register
UC Berkeley boffins have found that strategies for squeezing extra profit out of Ethereum transactions come at the cost of other cryptocurrency investors and threaten the security and stability of the entire Ethereum ecosystem. In a paper titled, “Extracting Godl [sic] from the Salt Mines: Ethereum Miners Extracting Value,” doctoral students Julien Piet and Jaiden Fairoze, with computer science professor Nicholas Weaver, throw down a hat-trick of allusions – gold, hodl, and Godel – to… Source link
Read More »Traders predict $3,800 Ethereum, but multiple data points suggest otherwise
Investors tend not to complain about a price rally, except when the chart presents steep downside risks. For example, analyzing Ether’s (ETH) current price chart could lead one to conclude that the ascending channel since March 15 is too aggressive. Ether price at FTX, in USD. Source: TradingView Thus, it is only natural for traders to fear that losing the $3,340 support could lead to a retest of the $3,100 level or a 12% correction down to $3,000. Of course, this largely depends on how… Source link
Read More »Bitcoin Slides for Second Day as Analyst Warns of Dip Below $45K – CoinDesk
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link
Read More »Polkadot ($DOT), Litecoin ($LIT) and Calyx Network ($CLX) – Which Cryptocurrencies Will Perform Best in 2022?
If you invest in crypto or are currently thinking about starting, you should have a look at which cryptos will be the best to invest in this March 2022. Are you looking for faster transaction times and lower fees? Litecoin ($LIT) has our back. Maybe more user-driven governance? Then Polkadot ($DOT) is the right one for you. Or perhaps a ground-breaking innovative crypto with exceptional presale prices? Watch out for Calyx Network ($CLX). Here is everything to… Source link
Read More »Bitcoin suddenly dives to $46K as attention focuses on large CME futures gaps
Bitcoin (BTC) began to show fresh signs of an impending correction on March 31 as BTC price action began to eat into last weekend’s CME futures gap. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Up or down, CME futures gaps provide targets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly spiking down by $1,000 in minutes on Bitstamp after March 31’s Wall Street open. The pair had ranged after failing to cement $48,000 as support earlier in the week,… Source link
Read More »First Mover Americas: Ether-Bitcoin Ratio on Track for Monthly Gain – CoinDesk
“We actually think that the market still hasn’t fully grasped what’s about to happen with Ethereum,” Vance Spencer, co-founder of Framework Ventures, said in an email. “While there’s been much media attention paid to how the upgrade will make the network more environmentally friendly, this is a sideshow compared to the massive supply shock that could be on the horizon. With this merge, Ethereum will experience a 90% decrease in supply issuance. Source link
Read More »Litecoin (LTC) Falls 0.01%, Underperforms the Crypto Market Thursday
Litecoin (LTC) has been relatively less volatile compared to the crypto market. So far Thursday, the Digital Money has fallen 0.74% to $130.44. InvestorsObserver is giving Litecoin a 19 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Low Volatility InvestorsObserver gives Litecoin a low volatility rank of 19, placing it in the bottom 19% of cryptos on the market. The Volatility Gauge… Source link
Read More »Following Rally, Bitcoin and Ethereum Face Resistance
Key Takeaways Bitcoin and Ethereum have surged by over 28% over the past two weeks. Both assets appear to be struggling to break through their 200-day moving averages. Meanwhile, sell signals are starting to appear. Share this article The top two cryptocurrencies, Bitcoin and Ethereum, are consolidating below a stiff resistance level. A steep correction could be on the horizon. Bitcoin, Ethereum Struggle to Break Out Bitcoin and Ethereum have remained stagnant over the past few… Source link
Read More »How to Earn Interest on Ethereum
Ethereum (ETH) is the second-largest cryptocurrency by market cap. Besides its functionality, it’s also a great passive income generator. From staking, lending to yield farming, there are no shortages of ideas for earning passive returns on your ETH holdings. This article considers how to earn interest on Ethereum and the best platform to use. How to Earn Interest on Ethereum – Quick Guides The following steps will take you quickly through how to earn interest on Ethereum. We’ll… Source link
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