Top altcoins to watch in November

October was a strong month for Bitcoin and other altcoins as their prices rebounded.  Ethereum, the biggest altcoin, rose from about $1,200 and reached a high of $1,600 in October. This recovery was helped by the rising hopes that the Federal Reserve will start pivoting.

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Crypto price predictions: OCEAN, PHA, XRP

Cryptocurrency prices had a strong week as hopes of a Federal Reserve pivot increased. Bitcoin managed to move above the key resistance level at $20,000 while Ethereum crossed the important level at $1,500.

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Ethereum recovers above 200-day MA. Here is the next price target

How long can Ethereum (ETH/USD) stay in the bear market? Not easy to answer, especially since it remains to be seen how the Federal Reserve will act to tame sky-high inflation. However, one thing we are sure of is that the accelerated selloff witnessed earlier this year is weakening.

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Whales Look Towards Dogecoin (DOGE) Amid a Bearish Crypto Market

The prices of the two crypto market leaders, Bitcoin and Ethereum, fell on Wednesday after the US Federal Reserve raised interest rates by 75 basis points due to inflation. Shortly, the rest of the crypto market followed suit. However, during…

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Bitcoin Whales Buy $3.12 Billion In BTC In Last 24 Hours As Crypto Braced For Fed Hike

Bitcoin immediately felt the impact of Wednesday’s Federal Reserve interest rate increase and failed to gain upward traction. Other macroeconomic variables also contributed to the decline of the world’s leading cryptocurrencies, including Ethereum and other significant cryptocurrencies.

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First Mover Asia: Cryptos Yo-Yo After Hawkish Rate Hike; Ether’s Price Is Down, Regulators May Soon Be Circling. What’s Next for Post-Merge Ethereum?

Some Merge observers see long-term environmental benefits and price increases, although others are concerned about centralization and regulatory scrutiny; cryptocurrencies plunge after the Federal Reserve's latest interest rate hike.

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CryptoSlate Wrapped Daily: Bitcoin drops 6.5% after Fed’s 75 bps rate hike; Tether under pressure to produce documents on USDT reserve

The biggest news in the cryptosphere for September 21 includes Bitcoin tanking 6. 5% after Fed announced a 75 bps rate hike, a court ordering Tether to provide documents on its reserves, and Ethereum Devs looking to enable withdrawals in the upcoming Shanghai upgrade.

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Crypto-Linked Stocks Rally After Fed Rate Hike

Cryptocurrency-exposed stocks rose as Bitcoin and Ethereum advanced following Wednesday's Federal reserve meeting which included a rate hike.

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Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75%

In addition to a 0.75% basis point hike, the Federal Reserve also set its 2022 target interest rate at 4.4%, leading Bitcoin analysts to forecast further downside for BTC.

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This Indicator Predicts Probable Bearish Trend Ahead For Ethereum

The crypto market started climbing downhill after the Federal Reserve August 26 meeting many coins plummeted, including the top two, Bitcoin and Ethereum. As of August 28 and 29, ETH was losing and trading in the reds.

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Ethereum Price Plummets 9% As Fed Chair Passes Hawkish Remarks

The crypto community has witnessed another price plunge after the just concluded Federal Reserve annual meeting. Many investors already anticipated a new turn in asset prices after Jerome Powell spoke on the approach to combat inflation.

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MakerDAO founder proposes converting $3.5B USDC reserve to Ethereum

MakerDAO (MKR) founder Rune Christensen has asked DAO members to consider converting its $3. 5 billion USDC reserves to Ethereum (ETH) because of the extent of the Tornado Cash sanctions. The post MakerDAO founder proposes converting $3.

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Arthur Hayes predicts Ethereum will reach $5K after merge if Fed pivots

BitMEX’s founder Arthur Hayes has predicted that Ethereum’s (ETH) price could rise to $5,000 if the merge upgrade is successful and the Federal Reserve goes ahead with its pivot. The post Arthur Hayes predicts Ethereum will reach $5K after merge if Fed pivots appeared first on CryptoSlate.

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Bitcoin Makes Surprise Climb As Fed Discloses 0.75 Point Rate Bump

Bitcoin and the rest of the crypto market have been in a festive mood in response to the U. S. Federal Reserve’s interest rate hike, sending  both Bitcoin and Ethereum climbing in prices. The Fed’s announcement has sent Bitcoin’s price up by 5%.

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Why “The Merge” Is Not Priced In, Says Ethereum Inventor Vitalik Buterin

Ethereum and the crypto market slightly recovered some gains after the Federal Reserve (Fed) announced a 75-basis point (bps) interest rate hike. There was no surprise from the financial institutions, and the second crypto by market cap might be able to extend the bullish trend without external distractions.

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Ethereum: Reasons why ETH is highest gainer among top ten coins

The Federal Reserve has hiked interest rates by another 75 basis points. The rate hike comes after the Consumer Price Index revealed that inflation had hit a fresh 40-year high of 9.1% in June. NowThe post Ethereum: Reasons why ETH is highest gainer among top ten coins appeared first on AMBCrypto.

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Ethereum Bullish Signal: 800k ETH Exits From Gemini

On-chain data shows around 800k ETH has exited wallets of the crypto exchange Gemini, a sign that could prove to be bullish for Ethereum. Crypto Exchange Gemini Observes outflows Of 800k ETH As pointed out by an analyst in a CryptoQuant post, the Ethereum exchange reserve has plunged down to lows not seen since 2018.

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First Mover Asia: Bitcoin Stalls as Contagion Hits Zipmex, Vauld. Will Ethereum's Merge Fix This?

Bitcoin is having its best week since March, but with the Federal Reserve still in inflation-fighting mode, it seems like the only thing that can really get traders juiced up is the upcoming Ethereum Merge.

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Ethereum, Solana, Avalanche Post Significant Gains as Crypto Market Rebounds

Cryptocurrencies rose as investors felt relieved following remarks from Federal Reserve officials

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Market Update: Bitcoin And Ethereum Struggles To Recover, AR And NMR Soars Significantly

Despite the market condition, top currencies, Bitcoin and Ethereum, struggle to regain their values. On the other hand, some altcoins, AR, and NMR are showing a significant gain charm over 14-days.

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CBDCs Will ‘Kill’ Crypto, Reserve Bank of India Governor Says

Reserve Bank of India Deputy Governor T. Rabi Sankar says with complete confidence that digital bank assets or CBDCs will ultimately pull the plug on cryptocurrencies such as Bitcoin, Ethereum, and others.

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CACHE integrates LINK to monitor gold backing

CACHE Gold has adopted a Chainlink (LINK/USD) Proof of Reserve (PoR) feed on Ethereum (ETH/USD) Mainnet to monitor the locked gold backing the CACHE Gold token, CGT, Invezz learned from a press release.

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Ethereum Bullish Signal: 1.2 Million ETH Exited Exchanges Recently

Ethereum on-chain data shows more than 1. 2 million ETH has exited exchanges over the past two weeks, a sign that could be bullish for the price of the crypto. Ethereum Exchange Reserve Has Observed Significant Decline In The Last Couple Of Weeks As pointed out by an analyst in a CryptoQuant post, the ETH exchange reserve has lost over 5% in value in just the last fourteen days.

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Ethereum Bearish Signal: Netflows Turn Sharply Positive

On-chain data shows the Ethereum netflows are sharply turning positive, a sign that could prove to be bearish for the crypto. Ethereum Exchange Reserve Rises As Netflows Become Positive As pointed out by an analyst in a CryptoQuant post, exchanges have observed net ETH inflows recently, swelling up their reserves.

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Charles Hoskinson does not see Bitcoin (BTC) as a world reserve currency

Cardano’s founder, Charles Hoskinson, does not see a time when Bitcoin (BTC/USD) will be adopted as the world’s reserve currency. Hoskinson, who is also a co-founder of the Ethereum network, has not been a major proponent of Bitcoin.

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Bitcoin Struggles Inside “Oversold” Territory, But Analysts Say Multi-Year Bull Run Isn’t Over

Bitcoin, Ethereum, Cardano, Solana, and other cryptocurrencies continue to be betwixt and between as prospects of an aggressive Federal Reserve policy tightening among other drawbacks continue to hang on them for the better part of the quarter.

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Ethereum price risks dropping to $2K on ‘bear flag’ setup

The bearish outlook appears against the backdrop of the Federal Reserve’s tightening policies.

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Best 3 altcoins to buy the dip in as cryptocurrencies plummet

Cryptocurrency prices have crashed as investors worry about their growth amid a highly hawkish Federal Reserve. Bitcoin (BTC/USD) dropped to about $39,000 while Ethereum (ETH/USD) slipped to $2,800.

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Beyond Bitcoin and Ethereum, these altcoins demand focus in 2022

The Federal Reserve's Tapering announcement and the crypto-market's recent performances have kept investors' confidence low. However, several altcoins demand community attention in the year ahead.

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Australian official who owns Ethereum says it is no threat to the country’s financial system

According to the Reserve Bank of Australia (RBA) head of payments policy Tony Richards, cryptocurrencies are not posing a threat to the central bank operations. The post Australian official who owns Ethereum says it is no threat to the country’s financial system appeared first on CryptoSlate.

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Polygon and Stellar Now Interconnected Using Chainlink’s ‘Proof of Reserve’ — Unlocking Over $10 Billion In Value

Stellar and Polygon blockchains are now interconnected through Chainlink’s technology, thanks to an innovation by NewsCrypto. Following the innovation, Polygon, which is the protocol that facilitates the scalability of dApps on the Ethereum blockchain, is now availing the Stellar native token XLM for trading, lending, and decentralized finance usage. The crypto is also now easy […]

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Bitcoin and Ethereum Exchange Reserves Continue To Plummet, As Supply Shock Tightens Its Grip

Data shows Bitcoin and Ethereum exchange reserves continue their downtrend as the supply shock tightens its grip. Bitcoin And Ethereum Exchange Reserves Trend Downwards As pointed out by a crypto trader in a tweet, both Bitcoin and Ethereum continue to experience a decline in their exchange reserves.

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ETH 2.0 and EIP-1559 Hasten Vanishing Available Ethereum Supply

Rumors of possible tapering by the U. S. Federal Reserve slowed down Ethereum and its quick move into previous highs. The second cryptocurrency by market cap trades at $3,113 with a 3. 7% loss in the daily chart.

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Chainlink launches data oracles on Arbitrum One's Ethereum scaling solution

Chainlink’s data oracles are now live on Arbitrum One, with the team also planning to soon launch its Proof of Reserve and verifiable random function on the layer two.

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Singapore: Survey Shows Majority of Young People Own Bitcoin (BTC), Ether (ETH), Other Cryptos

A recent survey conducted by the Australian cryptocurrency exchange Independent Reserve revealed that bitcoin was the preferred cryptocurrency asset among young adults, followed by ether. Bitcoin and Ethereum Popular Among Singaporeans The crypto exchange published the result of its survey on Monday (July 26, 2021).

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Bitcoin On Track to $100,000 If It Follows ETH, Bloomberg’s Chief Strategist Explains Why

Bloomberg's chief expert on commodities explains why Bitcoin has now firmly become a global digital reserve asset and how it can reach $100,000 with Ethereum

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Billionaire Ray Dalio Believes Digital Yuan Could Become Global Reserve Currency; Could Run on Ethereum

According to billionaire investor Ray Dalio, the CBDC race seems to be heating up, and China may emerge a winner. Digital Yuan To Outpace Digital Dollar Bridgewater Associates founder Ray Dalio pointed out that China's digital yuan could serve as a threat to the continued dominance of the US dollar in the global marketplace.

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‘DeFi has unleashed a wave of innovation,’ says a U.S. Federal Bank paper

Ethereum’s booming decentralized finance (DeFi) sector has the potential to become a “truly open, transparent, and immutable” infrastructure that can result in a “paradigm shift in the financial industry,” according to a paper published by the Federal Reserve Bank of St.

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Federal Reserve Bank of St Louis: DeFi May Lead to Paradigm Shift in Financial Industry

Coinspeaker Federal Reserve Bank of St Louis: DeFi May Lead to Paradigm Shift in Financial Industry The report by the Federal Reserve Bank of St Louis recognized Ethereum as the leader in the smart contract aspect with the majority of the DeFi protocols built on it.

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Federal Reserve’s Stance on Monetary Policy Remains Unchanged: What This Means for Crypto

Since the start of 2021, the crypto markets have been on an absolute tear. Bitcoin and Ethereum — two of the largest cryptocurrencies by market capitalization — are up 97% and 303% year-to-date, respectively.

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Japan-inspired NFT game Chainbinders raises $5 million in 2 hours

Chainbinders, the world’s first liquid NFT collection backed by a reserve pool of Ethereum, raised over $5 million in the first two hours after the start of sale of their native BND utility token earlier this week, the firm said in a release to CryptoSlate.

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Federal Reserve branch shares paper on Ethereum and DeFi

We’ve made it.

The post Federal Reserve branch shares paper on Ethereum and DeFi appeared first on CryptoSlate.

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Reserve Bank of Australia Considers Use of Digital Currency Powered by the Ethereum Blockchain

The Australian central bank is considering the use of a Central Bank Digital Currency (CBDC) to be launched on the Ethereum Blockchain. The bank is already working on a project in collaboration with the Commonwealth Bank, National Australia Bank, Perpetual, and blockchain technology company ConsenSys to look into the use of a CBDC based on […]

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Ethereum Blockchain Chosen by Reserve Bank of Australia for Issuing CBDC

The Reserve Bank of Australia (RBA) has unveiled its plan to launch a wholesale CBDC on the Ethereum blockchain

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Ethereum Founder Says Yield Farming Projects Will Need to Print Money Like Central Banks

Ethereum founder, Vitalik Buterin, blasts the ever-expanding yield farming space, comparing the token incentives to central banks’ constant money printing. In a tweet on Aug. 31, Vitalik said the economics behind these decentralized finance (DeFi) projects are similar to the “Federal Reserve being run by Ron Paul” – former republican congressman.

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Bitcoin, Ethereum, and Major Cryptos Fall as Dollar Finally Reverses

Bitcoin, Ethereum, gold, stocks, and nearly every other asset on the planet trades against the almighty dollar. Its role as the global reserve currency is an exhausting one, often showing moments of weakness when times get tough.

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Market Update: Bitcoin World Reserve Theories, Market Cap Loses $16B, Analyst Predicts $7,500 ETH

Digital currency markets are down on Sunday evening roughly 2. 14% as global trade volume has slid by 31% this weekend. Coins like ethereum, bitcoin, litecoin, and bitcoin cash are all down between 1-2% in the last 24 hours.

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Fed Chair Jerome Powell Discusses Leveraging an Ethereum-Based Libor Replacement

The Federal Reserve’s Chair, Jerome Powell has hinted at using an Ethereum-based interest reference rate in a transition from the London Interbank Offered Rate (Libor). Powell also detailed in a letter to Senator Tom Cotton (R-AR), that the Ethereum version of Libor, a software called “Ameribor” may not be for everyone.

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Powell Backs Ethereum PoA Blockchain Ameribor For Libor Alternative

Jerome Powell, the Chair of the Federal Reserve Banks has encouraged commercial banks to use a blockchain based inter-bank lending rate setting platform. “We have been clear that the [Alternative.

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