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The lead horses in crypto may be galloping along, but the real race is happening a couple of thoroughbreds behind the two market leaders. Cardano (CRYPTO:ADA) and Solana (CRYPTO:SOL) are neck and neck as the fourth- and fifth-most valuable cryptocurrency tokens by market cap after you back out a pair of dollar bill-hugging stablecoins. They also happen to be the two largest denominations hoping to topple Ethereum‘s (CRYPTO:ETH) dominance in the realm… Source link

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Ethereum (CRYPTO:ETH) was the first blockchain-powered smart contracts platform, and it has evolved into the largest ecosystem of decentralized applications (dApps), software that runs on a peer-to-peer network rather than centralized corporate servers. Ethereum is also the most popular decentralized finance (DeFi) ecosystem, with $147 billion invested on the platform. Not surprisingly, the price of Ethereum has skyrocketed over 2,600% in the last… Source link

Over the past two months, Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) have each shed more than 30% of their market values. Investor fears about inflation, the Fed’s possible rate hikes, and the ongoing pandemic have sparked a sell-off in risky assets, a category that crypto undoubtedly belongs in.  Despite the recent losses, among cryptocurrency investors, the question of whether or not to go all-in on Bitcoin or Ethereum is a serious one…. Source link

Solana, Cardano, Matic, Avalanche, Litecoin, Bitgert & Centcex – 5 Facts About These Cryptocurrencies by Analytics Insight January 20, 2022 Here are some promising cryptocurrencies and key facts investors need to know about them As the cryptocurrency craze grows and people start looking for the best crypto investments, the issue of project content is getting lost. That’s why some nice-looking projects have collapsed, and investors ended up losing a lot of money. This list comprises… Source link

Bitcoin (BTC) demand has been in a “bear market” for a whole year, but a surge is most likely what will spark a new price run-up. That’s according to prominent economics analyst Lyn Alden, who in a Twitter debate this week bet on demand snowballing and lifting BTC price action. Back: Watch supply and demand for BTC price cues Responding to a survey by stock-to-flow model creator PlanB, Alden said that a demand transformation is more likely to cause a BTC price boom than multiple other… Source link

Valeria Blokhina Only the latest crypto news and updates in the U.Today news digest! Here are the top four stories over the past day presented to you by U.Today. Some SHIB starts going back into circulation Thanks to regular token burns, the initial SHIB circulating supply has been gradually decreasing. However, according to Twitter user @shibburn, the recently created Shiba Inu burn website shows that the supply is increasing again due to more coins flowing in. The reason behind this… Source link

Litecoin price is about 8.25% from where it began in 2022. Efforts by the bulls to push the crypto past the crucial support-turn-resistance zone of $150 have been unsuccessful. The downward momentum recorded over the past two months has pushed its market capitalization from over $19 billion in November to the current $9.6 billion. Litecoin, which is often referred to as Bitcoin Lite, was founded on Bitcoin’s protocol with the aim of facilitating affordable peer-to-peer exchanges…. Source link

Bitcoin (BTC) has been below $45,000 for 14 days and is currently 40% below the $69,000 all-time high. This movement holds similarities to late-September 2021, when Bitcoin price flat-lined for 11 days and was 36% below the previous $64,900 all-time high on April 14. Bitcoin price at Coinbase, USD. Source: TradingView To understand whether the current price momentum mimics late September, traders should start by analyzing the Bitcoin futures contracts premium, which is also known as “basis.”… Source link

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