The Bitcoin price has seen a slow start in 2023 as the cryptocurrency remains stalled and moving sideways around its current levels. Many experts believe BTC has seen the worst of the recent bearish cycle and could be gearing up for some profits. As of this writing, the Bitcoin price trades at $16,700 with sideways…
XRP price is having a shaky start to the year 2023 after a sharp drop on Monday during Asia hours. The digital asset eventually recovered but it remains shaky even now a new report from Santiment shows that there could be a bull case for the cryptocurrency. This bull case is tied to large XRP…
As the current bear market in crypto continues to deepen, Bitcoin has fallen by 78%, and Ethereum by 82%. Yet elsewhere in the crypto market, many altcoins are down by as much as 96% or more. In a recent video, Elliott Wave International Currency & Crypto Analyst Jason Soni sheds some light on why this…
The bitcoin mining difficulty had adjusted upward for the majority of 2022, recording its highest correction in the same year. However, 2023 kicked off with a downtrend as the mining difficulty has begun to drop. A sharp drop in this metric recorded in the early hours of Tuesday could be the start of a trend…
Known to be one of the oldest cryptocurrencies in the world, Litecoin (LTC) has been making headlines as it reported record high transaction numbers. According to the altcoin’s official Twitter account, it has serviced 39 million transactions as of December 29. Add on to this the accompanying news that it has also hit second place…
Data from Santiment reveals both Bitcoin and Ethereum currently lack the trading volumes to justify their market caps. Bitcoin And Ethereum NVT Ratios Are Both Bearish Right Now According to the on-chain analytics firm Santiment, both the bitcoin and ethereum networks will need to see a pickup in activity this year. The relevant indicator here…
A look at the top performers over the past 24 hours reveals a trend that could trigger a boom among certain altcoins in 2023. We’re talking about Lido Finance (LDO), which has risen 7% in the past 24 hours and 17% over the past seven days, making it the 37th largest cryptocurrency by market cap.…
Data shows a Litecoin whale has withdrawn $32 million in LTC from Binance, a sign that could be positive for the latest rally. Litecoin Whale Takes Out $32M In LTC From Binance As per data from the crypto transaction tracker service Whale Alert, a massive LTC transfer has taken place during the past day. In…
The pressure on the Digital Currency Group (DCG) and Grayscale continues to mount. The Winklevoss twins have given DCG an ultimatum of January 8th to return the $900 million Gemini Earn customer funds, while the users themselves have filed a class action lawsuit against both companies. In addition, in what is believed to be a…
The touted “Ethereum killer” Solana has been on the down-low since its association with the collapsed exchange FTX. However, it seems as though 2023 has new plans for the struggling ecosystem with its native token SOL up by 13% based on CoinGecko figures, Tuesday. This huge uptick in price led to SOL reclaiming double digits…
