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Bitcoin crossed above a key resistance and several altcoins appear on the verge of a short-term breakout, suggesting the Santa Claus rally is about to start Go to Source Powered by WPeMatico
Litecoin is the sixth-largest cryptocurrency by market capitalization and it is often considered the silver of the cryptocurrency market since Bitcoin appears to be the gold standard. The Litecoin Project is potentially one of the projects that could power the mass-market adoption of cryptocurrencies because it is a lighter, faster, and scalable variant of Bitcoin. In this … Read more
These shopping platforms allow their customers to pay for Christmas gifts in crypto Go to Source Powered by WPeMatico
Bitcoin’s recent bounce off the descending channel support on looks encouraging and an eventual breakout of $7,856.76 might confirm a bottom Go to Source Powered by WPeMatico
Crypto research group Coin Metrics recently released issue 30 of its “State of the Network” series, which ranks crypto assets by auditability. Taking into account node operation, synchronization, normal operation, code audit and extraction of ledger data, the top 10 cryptocurrencies by market cap were ranked. These were also ranked on ease of ledger reconstruction, … Read more
Altcoins getting more unequal in terms of wealth, data shows as Bitcoin bucks trend Go to Source Powered by WPeMatico
A new study of 140,000 crypto addresses finds that few accounts are needed to form majority ownership of many coins. More than half of all LTC is held in just 189 non-exchange addresses, and on average, the top 100 ERC20 tokens are majority-owned by just 34 addresses. Almost 1 in 4 tokens had a majority … Read more
Traders should prepare their buy list as it appears that the crypto market will bottom out soon Go to Source Powered by WPeMatico
On Tuesday, December 17th, the LTC cryptocurrency is declining, trading at $39.76. On D1, there is a downtrend developing. Upon reaching 76.0% and an attempt of a pullback to 61.8% Fibo, the quotations formed another declining wave. They have renewed the previous daily minimums and headed for the yearly fractal support line at $22.25. The … Read more
Most major cryptocurrencies led by Bitcoin are likely to remain range-bound for the next few days Go to Source Powered by WPeMatico