Author: hotcrypto
Bitcoin’s (BTC) sudden crash on Jan. 10 caused the price to trade below $40,000 for the first time in 110 days and this was a wake-up call to leveraged traders. $1.9 billion worth of long (buy) futures contracts were liquidated that week, causing the morale among traders to plunge.The crypto “Fear & Greed” index, which ranges from 0 “extreme fear” to 100 “greed” reached 10 on Jan. 10, the lowest level it has been since the Mar. 2020 crash. The indicator measures traders’ sentiment using historical volatility, market momentum, volume, Bitcoin dominance and social media.As usual, the panic turned out…
Cryptocurrency prices today plunged with Bitcoin trading below the $43,000 level. The world’s most popular and largest digital token was trading around 1.5% lower at $42,275. Bitcoin has fallen over 8% since the start of the new year ( year-to-date or YTD). Meanwhile, the global cryptocurrency market cap today slipped 2% to $2.15 trillion, as per CoinGecko. Ether, the coin linked to ethereum blockchain and the second largest cryptocurrency, tanked nearly 3% at $3,323, as per CoinDesk. On the other hand, Dogecoin prices were trading more than 2% lower at $0.17 whereas Shiba Inu plummeted nearly 4% to $0.000029. Similarly,…
Bitcoin Cash (BCH) Receives a Neutral Rating Monday: Is it Time to Jump Ship? InvestorsObserverBitcoin Cash approaches $415 once more, presenting possible buy opportunity AMBCrypto NewsBCH is Bullish | Right Time to Start Investing in Bitcoin Cash? CryptoNewsZBitcoin Cash Price: BCH Consolidates in the ‘Value Zone’ InvestingCubeWill Bitcoin Cash (BCH) Brings Back its Long-Lost Value? NameCoinNewsView Full Coverage on Google News This news is republished from another source. You can check the original article here
As per the #BNB Auto-Burn procedure, the 18th quarterly BNB token burn of 1,684,387.11 #BNB has been completed. The latest quarterly burn includes an additional 6,296.305493 #BNB that was effectively burned via the Pioneer Burn Program.— Binance (@binance) January 17, 2022(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user’s social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions…
Cardano’s ADA token has risen 30 percent in the past seven days, according to CoinGecko.By Joanna OssingerBloombergPublished On 17 Jan 202217 Jan 2022Cardano’s ADA token has surged in the past week, even as the likes of Bitcoin and Ether traded sideways, amid some promising developments on its blockchain. ADA has risen 30% in the past seven days, according to pricing from CoinGecko, while Bitcoin, Ether, Solana and XRP have advanced less than 5%. That comes as data from Messari show Cardano’s 24-hour transaction volume at $5.31 billion, compared with Ethereum’s $5.59 billion. But Cardano’s gas fees – payments made by users…
Kasta co-founder Carl ‘The Moon’ Runefelt provides his outlook for bitcoin in 2022 on ‘The Claman Countdown.’ Bitcoin prices tumbled on Monday with stock and bond markets closed for the Martin Luther King holiday. The largest crypto by market value slipped over 1% in afternoon trading, hovering around the $42,000 level. BITCOIN MINER REVEALS HOW TO MINE CRYPTOCURRENCY FROM YOUR TESLA Ethereum and Dogecoin were also lower. LIVE: CRYPTOCURRENCY PRICES Despite the ongoing volatility, digital currencies are expected to grow in acceptance this year as Bitcoin’s value remains well off its highs just two months ago. The cryptocurrency declined by roughly 30% from…
A YouTuber started a journey in September to see whether he could survive solely on Bitcoin as a means of payment while traveling to 40 different countries.Speaking to Cointelegraph on Monday, YouTuber Paco De La India — or “Paco from India” — said though the spread of omicron had somewhat altered his original travel plans, he was still surprised at how many people had accepted Bitcoin (BTC) in countries where crypto was in a legal or regulatory grey area. Beginning his journey in the Indian city of Bengaluru, Paco sold his belongings in September 2021 and mostly relied on BTC…
During the first month of 2022, both Bitcoin and Ethereum’s hashrates have climbed to all-time highs (ATHs). While Bitcoin’s hashpower surged to over 200 exahash per second (EH/s), Ethereum’s hashpower jumped to over 1 petahash per second (PH/s). A few mineable digital asset networks, however, saw their hashrates decline since their ATHs and the processing power behind these protocols hasn’t returned back to the highs captured long ago. While Some Hashrates Skyrocket, Processing Power From Other Crypto Networks Remains Lackluster At the time of writing, Bitcoin’s processing power is coasting along above the 200 exahash per second (EH/s) zone, after…
Crypto Flipsider News – ADA Surpasses Ethereum, Cardano Entering Basho Phase, Walmart Enters Metaverse, Polygon to Become Deflationary, 328 Million Shiba Burnt, Bitcoin Losing its Transaction Dominance Read in the Digest; ADA Surpasses by Transaction Volume as Enters Basho Phase Walmart (NYSE:) is Preparing NFTs, Tokens, and Shopping for its 3D Metaverse Polygon (MATIC) Set to Become Deflationary with EIP 1559 Deployment 134 Million Burned In 24 Hours, as Weekly Burn Hit 328 Million is Losing Dominance as the Prefered Crypto for Payments ADA Surpasses Ethereum by Transaction Volume as Cardano Enters Basho Phase After a rather slow start to…
While the ‘Extreme fear‘ sentiment refuses to flip, Dogecoin retraced nearly half of its previous rally and breached its bullish trendline support in the near term. Ethereum and VeChain flashed a low volatility phase as they moved sideways after their patterned breakouts. Their near-term technicals preferred the bears. Ether (ETH) Source: TradingView, ETH/USD The bearish rally seemed to slacken after ETH bounced back from its long-term 61.8% Fibonacci level. After poking its 15-week low on 10 January, the king alt grew by over 10% in the past week. This growth helped it breach the down-channel (white) but saw a pullback…