Ethereum has broken free of its shackles below $3,000 following a healthy move to the upside during the early hours of Tuesday. All global markets were handed a major boost as Russia said it was beginning to withdraw some troops from the Ukranian border, quelling fears of an invasion. The S&P500 futures are printing an increase of 2.11% but those are amateurish numbers in comparison to Ethereum, which is now 9.61% up from Monday’s low of $2,832. From a technical… Source link
Read More »If You Invested $100 in Ethereum on Its First Day, Here’s How Much You’d Have Now
For well over a century, the stock market has been a money machine. Though it might not outpace bonds or gold every year, the average annual return of the broader market is substantially higher than bonds and all other commodities over the very long term. But over the past couple of years, cryptocurrencies have lapped the stock market many times over. In just the past 23 months, since hitting its pandemic low, the aggregate value of the crypto market… Source link
Read More »Fidelity enters crypto space with Europe’s cheapest bitcoin ETP
FBTC carries a fee of 0.75% Fidelity International has entered the cryptocurrency space with the launch of the joint-cheapest bitcoin exchange-traded product (ETP) in Europe. The Fidelity Physical Bitcoin ETP (FBTC) is listed on the Deutsche Boerse and Frankfurt Stock Exchange with a total expense ratio (TER) of 0.75%, the joint-cheapest on the European market along with SEBA Bank’s Bitcoin Tracker… Source link
Read More »Top ethereum killers: All you need to know – CNBCTV18
Over the last few years, Ethereum, the second-biggest blockchain platform, rapidly gained popularity as the network of choice for most non-fungible tokens (NFTs) and decentralised finance (DeFi) projects. Its native token ether climbed to the second spot in terms of market cap globally, over 100 unique DeFi projects started development on its original smart contracts blockchain, and most NFT marketplaces used it to build their infrastructure. But it has also been facing issues such as slow… Source link
Read More »Privacy Coin Monero May Be Facing Security Concerns
As the most effective of the so-called privacy coins, Monero is designed specifically to make it impossible for anyone to trace by breaking the chain connecting one transaction to another. But now, it’s facing a potential crisis on its home front as a growing concentration of power calls into question just how secure those transactions are. While blockchain transactions are said to be immutable, there is one big asterisk next to that statement: A 51% attack, which allows anyone who gains… Source link
Read More »cryptocurrency price today: Top cryptocurrency prices today: Bitcoin, Ethereum, Solana, Avalanche zoom up to 11%
New Delhi: After a sharp selloff in the last couple of days, the cryptocurrency market found some buyers near major support levels. However, traders are still on tenterhooks over Russia and Ukraine crisis. All of the top digital tokens were trading higher in early trade on Tuesday, led by NFTs and DeFi tokens. Solana and Avalanche rose 11 per cent each. The global crypto market cap jumped as much as 5 per cent to hit the $1.95 trillion mark. Furthermore, the total crypto market volume… Source link
Read More »Monero Supporters Beg XMR Miners to Boycott Mining Pool Capturing 44% of the Network Hashrate – Mining Bitcoin News
Reports indicate that the Monero community is upset about a specific mining pool that currently commands 44% of the network’s hashrate. Supporters are asking mining participants to leave a mining pool called Minexmr as they believe the operation threatens decentralization. A Single Monero Mining Pool Commands 44% of the Network’s Hashrate, Monero Community Members Debate Issue, Pool Admin Addresses Concerns At the time of writing, according to statistics stemming from the web page… Source link
Read More »Bitcoin price consolidates in critical ‘make or break’ zone as bulls defend $42K
The waiting game continues for crypto traders after Bitcoin (BTC) is once again pinned below resistance at $43,000 and awaiting some spark in momentum that can sustain a rally back to the $50,000 range. Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin has traded in a range between $41,500 and $43,000 over the past couple of days and with tensions between Ukraine and Russia escalating, many traders are less than optimistic about Bitcoin’s short-term… Source link
Read More »Ethereum may slide to $2,700 before ETH begins a new uptrend
Ethereum price is below two critical support levels, likely moving to its final Ichimoku support. Oscillator conditions continue to favor a swing low developing, continuing the current upswing. $2,700 price range is now in focus as the final daily support level. Ethereum price action has fallen below the Tenkan-Sen at $3,000 and the 50% Fibonacci retracement at $2,900. Participation and momentum have dropped significantly on both sides of the market, but the… Source link
Read More »LTC Crypto Should Gain From Its New Privacy Blockchain Technology
Litecoin (LTC-USD) is struggling. The 20th largest cryptocurrency as ranked by Coinmarketcap.com has taken a beating ever since its recent peak at $278.01 on Nov. 13. At the time, LTC crypto had a market value of $19.2 billion. But as of Feb. 11, it was down to $125.18 and its market value had cratered to just $8.7 billion. Source: Wit Olszewski / Shutterstock.com That represents a 45% drop in the past three months in price and market value. This makes it hard for investors to… Source link
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