[ad_1] Traders appear disinterested in buying Bitcoin at the current levels, suggesting that further downside could be in store for BTC and altcoins. Bitcoin (BTC) plummeted to an intraday low near $42,000 today, dropping 35% from its all-time high at $64,849.27. Over the weekend the selling intensified as news that Tesla may have sold its Bitcoin holdings made waves, and even after this was proven to be untrue, Bitcoin’s market dominance had still been pulled down to a three-year low below 40%. While this decline in Bitcoin may have scared new investors,…Read More
Day: 15 April 2023
Bitcoin and Ethereum usage fees drop 70%–80% as market slide continues
[ad_1] Transaction fees on Bitcoin and Ethereum have fallen by 81% and 71%, respectively, over the last few weeks as the broader cryptocurrency market continues to descend from its recent all-time high. The average cost of using the Ethereum blockchain fell from $69.92 per transaction on Wednesday to $20.06 by Sunday, according to data from Bitinfocharts. In the same time period, Ether’s (ETH) spot price both peaked and crashed, falling from an all-time high of $4,358 on Wednesday to $3,183 just prior to publication — a 27% decline. Before 2021’s…Read More
Bitcoin, Ethereum Technical Analysis: ETH Remains Above $2,100 to Start the Weekend
Ethereum remained above $2,100 to start the weekend, despite crypto markets moving into consolidation. Following this week’s gains, traders have seemingly started to secure gains, with the global market cap down by 0.52% as of writing this. Bitcoin has fallen below yesterday’s peak above $31,000. Bitcoin Bitcoin (BTC) moved back below the $31,000 level on Saturday, as cryptocurrency markets consolidated to start the weekend. Following a high of $31,005.61 on Friday, BTC/USD dropped to a low of $30,044.50 earlier in today’s session. Yesterday’s peak saw bitcoin climb to its highest…Read More
Quantum vs. cloud computing: Key differences?
Quantum and cloud computing are the future of computer operations. Here’s what they are, their applications, and their main differences. Source – cointelegraph.comRead More
LINK Price Suffers A Slight Decline – Will It Surpass The $8 Mark?
Chainlink (LINK) is rising after trading sideways on the daily candle and it’s trading at $7.77. Despite the current price drop, it has retained most of its gains in the year 2023. Currently, the general crypto market is also experiencing a slight retracement. However, the seven-day gains remain positive for the top 20 cryptocurrencies. LINK Price Prediction LINK has formed a red candle on the daily chart today. Despite the price pullback on the daily chart, it is still in an uptrend. LINK is still trading above its 50-day and…Read More