Bitcoin Suffers Biggest Drop in Four Weeks, Nearing $40K – 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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Litecoin Falls 10% In Bearish Trade By Investing.com

Litecoin Falls 10% In Bearish Trade Investing.com – was trading at $115.900 by 16:11 (21:11 GMT) on the Investing.com Index on Thursday, down 10.02% on the day. It was the largest one-day percentage loss since January 21. The move downwards pushed Litecoin’s market cap down to $8.151B, or 0.44% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $115.900 to $129.000 in the previous twenty-four hours. Over the… Source link

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Bitcoin traders say $40K is the ‘line in the sand’ after BTC and stocks sell-off

The quick-moving volatility that the cryptocurrency market is known for reared its ugly head on Feb. 17 as ongoing tensions between Russia and Ukraine and the rest of the world walloped financial markets around and briefly plunged Bitcoin price below the $41,000 level.  Data from Cointelegraph Markets Pro and TradingView shows that the crypto market was hit with a wave of selling beginning near midday on Feb. 17 that dropped BTC to a daily low of $40,743 before bulls bid the price back… Source link

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Why Bitcoin, Ethereum, and Dogecoin Plunged Today

What happened  The value of cryptocurrencies dropped rapidly on Thursday as investors try to decipher what kind of regulation is coming to the industry in the U.S. The White House appears ready to push for regulation on the cryptocurrency industry and that uncertainty alone is spooking investors.  As of 2 p.m. ET, Bitcoin (CRYPTO:BTC) had dropped 6.3% in the last 24 hours, Ethereum (CRYPTO:ETH) was down 6.2%, and Dogecoin (CRYPTO:DOGE) had fallen… Source link

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Litecoin Price Predictions: Where Will the LTC Crypto Go by 2025?

Despite an impressive rally to the $140 range earlier this month, top cryptocurrency Litecoin (LTC-USD) has since seen volatility materialize to the downside. Currently, this token is down more than 6% today, as the broader crypto market sells off alongside risk equities. For many investors, expectations of where the expert Litecoin price predictions suggest this token could go from here now matter more than ever. Source: Wit Olszewski / Shutterstock.com One of the oldest… Source link

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Investing in Crypto: Alternatives to Bitcoin and Ether – Coindesk

Also, the network hosts a vibrant staking economy with over 74% of the total supply of SOL currently being staked. For those unfamiliar with the term staking, it is the process of depositing or locking away an amount of tokens on a blockchain to become eligible to take up the role of a validator, or an active participant of the network, and, in turn, earn rewards. Source link

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Is Litecoin (LTC) Heading the Right Direction Thursday?

Litecoin receives an average long-term technical score of 59 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. LTC currently holds a superior long-term technical… Source link

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How to Buy Litecoin (LTC) [2022] | Step-by-Step

In this guide, you will learn what Litecoin (LTC) is, why you might consider investing in it, some of its pros and cons as well as where to buy LTC coins easily (step-by-step tutorial). Introduction When Satoshi Nakamoto launched Bitcoin blockchain in 2009, it didn’t take long before other developers attempted to replicate its success with their versions of cryptocurrencies. However, it took two and a half years to see the first successful cryptocurrency outside Bitcoin, or… Source link

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Bitcoin extends decline below $42K ahead of fresh Fed comments on inflation

Bitcoin (BTC) fell further with stocks on the Wall Street open Feb. 17 as nervous markets awaited further U.S. economic policy cues and battled geopolitical tensions. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Macro conditions stay grim for stocks, crypto Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losing the $42,000 mark for the first time in several days at the start of trading. The Fed and tensions over Ukraine had already formed a backdrop to… Source link

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Bitcoin ‘whales’ and ‘fishes’ pause accumulation as markets weigh March 50bps hike odds

An uptick in Bitcoin (BTC) supply to whales’ addresses witnessed across January appears to be stalling midway as the price continues its intraday correction toward $42,000, the latest data from CoinMetrics shows. Whales, fishes take a break from Bitcoin The sum of Bitcoin being held in addresses whose balance was at least 1,000 BTC came to be 8.10 million BTC as of Feb. 16, almost 0.12% higher month-to-date. In comparison, the balance was 7.91 million BTC at the beginning of this year, up… Source link

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