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Image source: Getty Images We don’t yet know if Ethereum’s price has reached the bottom. Key points Ethereum’s price fell along with the rest of the cryptocurrency market due to tightening monetary policies. Ethereum’s upgrade won’t… Source link

The steep decline in the LTC/USDT pair has reignited bearish Litecoin price predictions. The steep drop in the pair followed yet another day of selling on Bitcoin, which ended up driving down correlated tokens.  Litecoin is an analogue of Bitcoin, created from the Bitcoin blockchain. Consequently, it is a correlated asset and an alternative trading vehicle for those interested in trading Bitcoin’s movements with more predictable assets.  Presently, the Litecoin price is down by 6.88%,… Source link

Crypto.com’s Ethereum hot wallet was hacked yesterday, reportedly leaving some users with sizable losses. Users of the exchange also found that they were missing cryptocurrencies from their balances and, in some cases, their entire digital wallet had been picked clean. The exchange subsequently took to Twitter to confirm an investigation was underway. We have a small number of users reporting suspicious activity on their accounts. We will be pausing withdrawals shortly,… Source link

by Analytics Insight January 18, 2022 Check out the latest updates of top cryptocurrencies like Solana, Cardano, and others. The excitement around cryptocurrency is growing fast as more crypto investors buy into the promising projects. The best cryptocurrencies of 2022 are now coming out clear from the moves the teams are making. This is from the updates they are providing to the crypto communities. Here are the top crypto projects and the recent updates they have released.   Bitgert The… Source link

Bitcoin (BTC) has “at least one more upward impulse to come” before reaching this halving cycle’s all-time high, new research maintains. In a series of tweets about the current state of BTC price action, popular analyst TechDev argued that contrary to many opinions, there is nothing unusual about BTC/USD in 2022. Bitcoin in 2021: Nothing to see here With a drawdown of 40% from November’s all-time highs of $69,000 still ongoing, sentiment has likewise taken a hit — “extreme fear”… Source link

Text size Dreamstime Bitcoin’s fair value is $20,851, according to the only valuation model I’m aware of for this… Source link

Nassim Taleb. Mohd Zakir/Hindustan Times via Getty Images Nassim Taleb has compared bitcoin to a disease and called it worthless in recent months. “The Black Swan” author said the cryptocurrency is in a fragile, speculative bubble. Bitcoin isn’t a currency, store of value, inflation hedge, or haven for investors, Taleb said. Nassim Nicholas Taleb has fired off a bunch of incendiary tweets about bitcoin over the past six months. The author of “The Black Swan” and “Antifragile” has… Source link

The number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion using today’s exchange rates. The amount of ethereum locked into the contract has increased 22.29% since the first week of September 2021, when the contract held 7.4 million ether. Ethereum 2.0 Contract Exceeds 9 Million Ether While the proof-of-work (PoW) side of the Ethereum network has seen its hashrate tap all-time highs above 1 petahash per second (PH/s) this year,… Source link

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Understandably, the attention of crypto investors is fascinated by Bitcoin. It has a market dominance of close to 40% and is the world’s most widely-adopted and highest-priced cryptocurrency. However, while Bitcoin has done more than enough to take the crypto economy where it is today, in the future, Ethereum will be decisive about the industry’s… Source link

Ethereum price is positioned for another run to the $4,000 level. Failure to hold support could trigger a push towards new multi-month lows. Bulls and bears battle between $3,100 and $3,300. Ethereum price action is mixed. The weekly close above $3,300 was necessary to establish support and create a pivot to push higher, but the daily displays weakness as sellers drive Ethereum below the past three days candlestick bodies. Ethereum price looks for a return to… Source link