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Litecoin was based on the Bitcoin protocol that aids in peer-to-peer value exchange at affordable costs Use promocode TNM51 at www.giottus.com/profile#promo after registration to get Rs.51 worth free Bitcoin. Recent data from the cryptocurrency analytics firm Santiment pointed to the whales quietly accumulating Litecoin (LTC) for the past 15 weeks, despite the cryptocurrency markets witnessing a slowdown. These addresses have been holding anywhere between 10,000 to 1 million… Source link

Bitcoin (BTC) hovered near $43,000 on Jan. 17 as its “boring” price action combined with signs that the market could be stabilizing. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Leverage comes off all-time highs Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying firmly within its established trading range between $40,000 and $45,000. With few surprises expected thanks to the Wall Street holiday, traders took the opportunity to call for a level-headed… Source link

Put-call skews, which measure the spread between prices of puts, or bearish bets, and calls, bullish bets, were trading little changed at press time, implying a neutral bias. One-month futures listed on the Chicago Mercantile Exchange (CME) barely drew a premium to the spot price while those on other exchanges were trading at a premium of less than 5% annualized, a far cry from the double-digit figures observed in October and November. That’s perhaps the result of traders selling futures to… Source link

Bitcoin (BTC) starts a new week facing multiple hurdles but with strong internal support — can old resistance below $50,000 finally fall? A correction event now almost in its third month is frustrating many, but conditions may soon be right for a fresh charge against opportunistic bears, an increasing number of analysts are saying. With inflation running hot and United States lawmakers set to make the Bitcoin mining debate public this week, there are plenty of potential pitfalls in… Source link

Check out what’s clicking on FoxBusiness.com. Bitcoin prices were nearly 1% lower Monday morning as the early morning price remained above $42,800. It continued to display sluggishness as troubling economic signs continue to drag down the cryptocurrency, Coindesk reported.  BITCOIN MINER REVEALS HOW TO MINE CRYPTOCURRENCY FROM YOUR TESLA Bitcoin rivals Ethereum and Dogecoin were also lower early Monday, with Ethereum worth about $3,269 (-1.86%) and Dogecoin trading at around 17 cents… Source link

The relative strength index (RSI) on the daily chart is rising from oversold levels, similar to what occurred in late-September, which preceded a price rally. This time, however, upside momentum is starting to wane on weekly and monthly charts, which lowers the chance of signifiant buying. Source link

Leading crypto intelligence firm Santiment is revealing some bullish on-chain metrics that are developing for Litecoin (LTC) behind the scenes. LTC is trading at $148 at time of writing, down 64% from its all-time high of $410 in a hard downtrend. Despite this, Santiment says crypto whales may have other plans for the early Bitcoin (BTC) competitor. According to the firm, “smart money” Litecoin whales are on a 15-week accumulation streak, something that hasn’t been seen… Source link

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not… Source link

Bloomberg — Consumers and businesses are increasingly starting to use digital tokens other than Bitcoin for purchases, according to BitPay Inc., one of the biggest crypto payments processors in the world.Last year, Bitcoin’s use at merchants that use BitPay dropped to about 65% of processed payments, down from 92% in 2020, the company told Bloomberg. Ether purchases accounted for 15% of the total, stablecoins were 13% and new coins added to BitPay in 2021 — Dogecoin,… Source link

Cryptocurrency Bitcoin (CRYPTO:BTC) has been one of the best investments you could have made over the past several years. It’s up roughly sixfold over the past 24 months, and many times more over its lifetime. Bitcoin’s market cap has ballooned to roughly $820 billion, more than a third of all value among cryptocurrencies. Bitcoin’s rate of appreciation may slow down at this large size, making a bear market possible for Bitcoin in 2022 if investors… Source link