There has been a lot of focus on the performance of the stock and cryptocurrency markets over the past year or two as the trillions of dollars that have been printed into existence since the start of the COVID pandemic have driven new all-time highs, but analysts are now increasingly sounding the alarm over warning signs coming from the debt market. Despite holding interest rates at record low levels, the cracks in the system have become more prominent as yields for U.S. Treasury Bonds… Source link
Read More »Bitcoin Trends Upward as Markets Calm Despite Ukraine Tensions – 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 »Litecoin (LTC) Rises 2.99%, Outperforms the Crypto Market Wednesday
Litecoin (LTC) has been relatively less volatile when compared to other cryptocurrencies. So far Wednesday, the Digital Money has increased 2.99% to $108.98. InvestorsObserver is giving Litecoin a 14 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 14, placing it in the bottom 14% of cryptos on the market. The… Source link
Read More »Why I Believe in Cardano Over Ethereum
When I talk about my cryptocurrency portfolio, some are surprised to hear I have no Ethereum ( ETH 2.81% ). I used to own ETH, in fact I mined it for two years from 2017-2019. However, I’ve fallen out of alignment with the direction that Ethereum has taken. In 2020, I converted most of my assets into Bitcoin ( BTC 0.94% ) including whatever ETH I had. I recognized the problems that Ethereum was trying to solve but began looking elsewhere for similar systems that… Source link
Read More »Bitcoin rally stalls at $39.2K but BTC price metric suggests local bottom could be here
Bitcoin (BTC) checked its latest advance on Feb. 23’s Wall Street open as Russia repercussions continued to play out. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks sour crypto recovery Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling back towards the $38,000 mark during Feb. 23, having earlier reached $39,200 highs. Pressure from the Russia-Ukraine conflict remained an ever-present threat to equities, with which both Bitcoin and altcoins are… Source link
Read More »The case for bitcoin as ‘digital gold’ is falling apart
A key investment case for bitcoin is deteriorating as geopolitical uncertainty and rising inflation hammer cryptocurrency prices. The price of bitcoin fell to a two-week low Tuesday after Russian President Vladimir Putin ordered troops into Donetsk and Luhansk, two breakaway regions in eastern Ukraine, shortly after declaring them as independent. Bitcoin is often referred to as “digital gold” by its backers. The term refers to the idea that bitcoin can provide a store of value similar… Source link
Read More »StarkWare Launches Layer 2 Product StarkNet on Ethereum – 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 »First Mover Americas: Bitcoin May Not Be out of the Woods Yet; Stablecoins' Bull Market Continues – CoinDesk
LDO, the governance token of liquid staking protocol Lido, dipped to $1.60, trimming Tuesday’s 37% spike from $1.36 to $1.87 despite continued inflows into the protocol. “Yesterday, someone staked 28,000 ETH ($75m) with Lido in a single transaction. That’s the 5th largest staking transaction into Lido so far. And today, another 22,500 ETH was staked (7th largest),” analytics firm Nansen’s CEO Alex Svanevik tweeted. Source link
Read More »The case for bitcoin as ‘digital gold’ is falling apart
Bitcoin on a mound of gold. bodnarchuk | iStock Editorial | Getty Images A key investment case for bitcoin is deteriorating as geopolitical uncertainty and rising inflation hammer cryptocurrency prices. The price of bitcoin fell to a two-week low Tuesday after Russian President Vladimir Putin ordered troops into Donetsk and Luhansk, two breakaway regions in eastern Ukraine, shortly after declaring them as independent. Bitcoin is often referred to as “digital gold” by its backers. The term refers… Source link
Read More »Web 3 Browser Opera Integrates With Ethereum Layer 2 Exchange DeversiFi – 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
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