2021 has been an excellent year for the broader cryptocurrency market in terms of adoption and price action. The prices of most cryptocurrencies have soared massively since the start of the year despite the recent bearish trend. Bitcoin Adds More Than 70% to its Value in 2021 2021 is coming to an end, and Bitcoin remains the most dominant cryptocurrency in the world. The cryptocurrency’s value has experienced a massive increase in value over the past 52 weeks, outperforming numerous major… Source link
Read More »Ethereum Gas Fees Are Currently 62% Cheaper Than Last Month – Bitcoin News
Since November 9, 2021, or 46 days ago, transaction fees on the Ethereum network have been cut by more than half the rate they were on that day. At the time, the average fee to move ethereum was $62.84 per transfer and since then, the fees have dropped 62.85% to $23.34 per transaction. From $62 to $23 per Transaction, Ethereum Fees Have Been Cut by More Than 62% Just over a month ago, it was a lot more expensive to transfer ethereum (ETH) onchain, let alone move an ERC20 token, swap… Source link
Read More »Should You Block All Monero-Related Domains? Crypto Scams Set To Rise in 2022
The plans for everyone’s 2022 cryptocurrency investment strategies have already started. My prediction for 2022 is that crypto-related cyber attacks will reach new heights. Between ransomware payments, phishing attacks, and cryptojacking, crypto is playing a huge role in the threat landscape of 2021 and will have an even bigger part to play early next year. The largest traffic to our network under the category of “cryptomining” is easily to Monero-related domains. The majority of these… Source link
Read More »Does the Reward Outweigh the Risks?
Monero Classic receives a high risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a coin can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk. InvestorsObserver… Source link
Read More »Cardano, Litecoin, NEAR Price Analysis: 25 December
The past few days marked Cardano’s attempt to alter the broader outlook. But it needed to cross the $1.47-mark on increased volumes to counter its long-term bearish tendencies. While LTC saw a drop from the $167 level, it was yet to confirm a strong uptrend. Contrarily, NEAR showed no signs of slowing even after poking its ATH on 24 December. Now, the overbought RSI threat lurked around the corner. Cardano (ADA) TradingView, ADA/USDT On the 4-hour chart, ADA saw an ascending… Source link
Read More »Bitcoin battles bears ‘on offense’ as Christmas delivers a $50K BTC gift
Bitcoin (BTC) held $50,000 into Dec. 25 as BTC bulls avoided an unwelcome Christmas Day surprise. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Bears become bulls” short term? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $50,000 support into the weekend, having ranged after local highs above $51,500. The pair was calm as the holiday season got underway, with thinner liquidity yet to show itself in the form of volatile price moves. With most… Source link
Read More »Pro-Bitcoin Senator to Introduce Comprehensive Crypto Bill in US – Regulation Bitcoin News
The pro-bitcoin U.S. Senator Cynthia Lummis has reportedly unveiled her plan to introduce a comprehensive crypto bill that will cover everything from how cryptocurrencies are taxed and categorized to consumer protections. The bill will also propose creating a new entity to oversee the digital asset market. Comprehensive Crypto Bill Coming up in US, Says Senator U.S. Senator Cynthia Lummis is reportedly preparing to introduce a comprehensive crypto bill next year. The Republican… Source link
Read More »Best bitcoin and crypto wallets for January 2022
Prices go up and down, but bitcoin is here to stay. Sooner or later, you’re going to need a… Source link
Read More »For Litecoin, this would be the first step toward recovery
Bitcoin’s bullish momentum saw Litecoin climb in recent hours as well. On the charts, LTC has posted a 15% rise above the $143 lows to trade at $163.9 at press time, which was impressive. Litecoin bulls still have a long way to go before calls for $200+ can materialize. If bulls manage to establish $163 as an area of demand in the days/weeks to come, the gains of October might once again be achievable. Source: LTC/USDT on TradingView The price action in December saw multiple tests of the… Source link
Read More »‘Uniquely DOGE Proposal’, Binance ‘Funds SAFU’, Monero-Mining Spider-Pirates, Late Thai CBDC + More News
Source: AdobeStock / alexander132 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Staking news The Dogecoin Foundation, a non-profit organization behind the meme-based project Dogecoin (DOGE), is working on a staking mechanism in collaboration with the Ethereum (ETH) co-founder Vitalik Buterin, which would allow all… Source link
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