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by Analytics Insight January 27, 2022 This article features the latest updates on cryptocurrencies like Bitgert, Centcex, and more. Today, 27th Jan looks like it will be a day that cryptocurrency prices might plummet. From late yesterday, Bitcoin prices started crashing, and all the major cryptocurrencies have been on a downward trend for the better part of today. In fact, all the largest cryptocurrencies were red at the time of this writing. But what are the major updates from the best… Source link

Bitcoin has mirrored the sharp fluctuations in traditional markets this year, highlighting the tightening link between cryptocurrencies and mainstream financial assets as more professional traders enter the digital finance arena. The world’s biggest cryptocurrency is increasingly tracking the movements of assets that exert influence across other global markets. Correlations with US tech stocks, crude oil and government bonds have all risen significantly over the past two years,… Source link

It is not uncommon to see people ask about the use case of Ethereum. Everyone wants to know what they can do with the crypto before delving into it. If that is also one of the questions in your mind about Ethereum, you are welcome to read this post for the answer you seek. Ethereum is a blockchain platform that allows anyone and everyone to build decentralized applications on it. And that is one unique feature of the blockchain. The Ethereum platform is fueled by Ether, which… Source link

The dire predictions calling for the onset of an extended bear market may have been premature as prices appear to be in recovery mode on Jan. 26 following a signal from the U.S. Federal Reserve that interest rates will remain near 0% for the time being.  After the Fed announcement from, prices across the cryptocurrency market began to rise with Bitcoin (BTC) up 4.11% and making a strong push for $39,000. This sparked a wave of momentum that helped to lift a majority of tokens in the market,… Source link

The decline has stalled once again in the crypto market, after the bearish momentum we saw last week and earlier this week. This has been a major retreat but it might be over now, after Bitcoin and Ethereum lost more than half their value and other cryptos have reached some major support zones. Litecoin and Terra LUNA have found support and are giving signs that they might turn bullish, so let’s see what’s going on with them. The 100 SMA Holds As Support for Terra LUNA Terra LUNA is one of… Source link

Source: Adobe/PixieMe   With inflation well above 2% and a strong labor market, the US Federal Reserve (Fed) said it expects it will soon be appropriate to raise the target range for the federal funds rate. The Fed also decided to continue to reduce the monthly pace of its net asset purchases, bringing them to an end in early March. (This article is being constantly updated.) Notably, the new statement omitted some key details that… Source link

Solana, Cardano, Matic, Avalanche, Litecoin, Bitgert & Centcex – What Will Be Next For These Projects? by Analytics Insight January 26, 2022 This article features next for crypto projects like Bitgert, Centcex, and more. If looking for the best crypto projects to invest in today, this list has some of the best cryptocurrencies of 2022 in the market. Most of them are established already, while others are very new in the crypto industry but have shown immense potential. This includes… Source link

Text size Bitcoin has recently shown itself to be correlated with other risk assets, like high-growth stocks. Rutmer Visser/Dreamstime … Source link

Litecoin has been steadily declining since January 18, losing 28 per cent of its value since then. The latest bearish move comes amidst a slump in Bitcoin, a positively correlated cryptocurrency with Litecoin. On the other hand, Bitcoin is driven lower by a tighter US monetary policy aimed to reign in the soaring US inflation. Today, the Federal Reserve is expected to commit to a March rate hike at their FOMC meeting. Danske Bank analysts even expect the Fed to introduce quantitative… Source link

As we move closer to the Merge (fingers crossed for early this summer) and Eth 2 and Ethereum become synonymous, we at CoinDesk will also begin to step back from using Eth 2 without additional context. Instead, we will follow the Ethereum Foundation’s lead in referring to it primarily as the consensus layer. Source link