Category: Cryptocurrency News

Hello everyone, over time (in the stock market) I've made some progress in backtesting strategies – this means you can test an investment strategy (for example DCA) on data from the past. Starting with software (like MetaTrader5) I'm now 'stuck' at TradingView.com, a very nice site to look at charts. It has its own script…
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Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes a “pretty big recession” will take place in 2023. Speaking in an interview on Oct. 28, Hanke said that he updated the probability of a U.S. recession to […]

Is proposer-builder-separation for sure going to happen? Or is this something theoretical that may never happen? submitted by /u/mybed54 [link] [comments]

I learned from the last two cycles, that the best thing to do is the opposite of what my animal brain says to do. I've made my largest purchases during the days of green candles and new all time highs. I felt FOMO for the first time and rushed to accumulate. I also stopped buying…
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Litecoin price witnessed an increase in value over the last 24 hours. In the past day, the coin surged more than 3%. The past week for LTC has remained quite positive for the altcoin as it logged over a 9% gain in that timeframe. The coin has continued to form higher highs on its chart, demonstrating that the bulls were in control of the price. That caused the altcoin to break its consolidation and shatter above important resistance marks. The technical outlook for the coin was bullish at the time of writing. The demand for Litecoin registered appreciation as demand for the coin also shot up. The coin has established strong support for itself at the $53 price mark. Currently, LTC trades at a vital price mark as the coin has struggled to move past this price level for the past several weeks. If the bulls fail to sustain the price at the current price, a fall through the $53 support line will bring the bears back on the chart. At this price mark, LTC is trading at an 86% low compared to its all-time high that the coin secured in May 2021. Litecoin Price Analysis: One-Day Chart LTC was trading at $56 at the time of writing. After a solid consolidation, the coin has finally been able to revisit the $56 price mark. If Litecoin has to remain bullish, it has to continue trading above its current price zone. The coin will encounter immediate resistance at $57. A move above $57 will help LTC to touch the $60 price mark. On the other hand, a slight loss in bullish strength, can drive the altcoin’s price down to $53 and then to $50. The amount of Litecoin traded in the past session was in the green. This means that the buyers were back on the chart. Technical Analysis The altcoin has implied that the bulls were back as the demand for the altcoin noted an uptick on the one-day chart. The Relative Strength Index was at the 60-mark, a sign of bullishness as buyers were more in number than sellers. Litecoin price was above the 20-SMA line, which meant increased demand for the coin and also showed that buyers were driving the price momentum in the market. Related Reading: Why Bitcoin (BTC) Could Not Surpass Litecoin (LTC) In This Key Area The other technical indicators have also inclined towards the idea that bullishness has caused buying strength to increase on the one-day chart. The Moving Average Convergence Divergence displays the price momentum and the direction of the asset. The MACD was bullish with green histograms above the half-line, which was the buy signal for the asset. Bollinger Bands indicate the price fluctuations and volatility of the coin. The bands were starting to expand, hinting that there could be a chance of an upcoming price fluctuation. Related Reading: Why XRP Holders Who Are Taking Profit Should Check These Data In The Coming Days Featured image from Unsplash, Chart From TradingView.com

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The Nordics remain a cold place for crypto, but Estonia still leads as the public blockchain adopter.

Web3 companies continue to hire amidst a bull market as tech giants undergo layoffs and hiring freezes.

After years of court battles in Chile, a cryptocurrency exchange has managed to open a bank account in Bci, a financial institution that established a protocol to serve these businesses. The first exchange that opened a bank account with the institution was Buda, a local exchange, which satisfied the requirements of the bank in the […]