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Dec 23,2022

Bitcoin slips, Ether inches up; Dogecoin leads rebound in top 10 cryptos

Bitcoin slipped and Ether rose in Asian trade on Friday afternoon, led by Dogecoin among the top 10 volatile cryptocurrencies by market capitalization. Fast facts Bitcoin lost 0.04% over the past 24 hours to change hands at $16,838 by 4:30 p.m. In Hong Kong, Ether rose 0.22% to $1,218, according to CoinMarketCap. Dogecoin increased 5.62% to $0.07793. On Thursday, Twitter launched a search function that shows some crypto prices, including Bitcoin and Ether, but the function is not yet available for Dogecoin. Cardano rose 2.75% to $0.2596. Cardano algorithmic stablecoin Djed will launch in January. XRP increased 1.3% to $0.3487. Attorney Matt Hamilton, Ripple former lead developer, said the blockchain will soon include smart contracts, which are currently under development. Asia shares retreated after overnight losses on Wall Street. Japan Nikkei 225 fell 1.03%, the Shanghai Composite fell 0.28% and Hong Kong Hang Seng lost 0.29%. The Bank of Korea said on Friday that its interest rate policy will remain focused on curbing inflation next year.
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Dec 22,2022

Crypto Prices: Bitcoin Falls, Ethereum Rises As Most Other Tokens Fall

Most cryptocurrencies fell on Thursday. The global crypto market cap was around $810 billion and $25.8 billion in the last 24hours. "Most cryptocurrencies fell slightly after the release of the US report on consumer confidence, which reached an eight-month high," emphasized Edul Patel, CEO and founder of Mudrex. BitcoinThe price of Bitcoin, the world largest and most popular virtual currency, fell 0.1 percent to $16,826.5. It had a market capitalization of $323.8 billion. The trading volume was 14.6 billion dollars. "BTC has been trading in a tight range and is trying to gather upward momentum. It recently recovered from $16,815 and is currently tracking the $17,000 level, which could lead to a return to the $18,000 area," said Edul Patel, CEO and Partner. Founder of Mudrex. EthereumThe second largest virtual currency, Ethererum, or Ether, rose 0.3 percent to $1,213.9 for a market capitalization of $148.6 billion. Ethereum had a trading volume of $4.1 billion in the last 24 hours. As for Ethereum, Patel said, "It recently bounced off the $1,150 support, indicating more demand at the lower levels." DogecoinDogecoin, a self-based virtual currency, rose 0.1 percent to $0.1. It had a market capitalization of $9.8 billion. The trading volume was 338.3 billion dollars. Solana Solana fell 0.5 percent to $12.1, with a market value of $4.4 billion. Solana had a trading volume of $162 million in the last 24 hours. Shiba InuShiba Inu fell almost a percent and had a market value of $4.5 billion. In the last 24 hours, the trading volume was 82 million dollars. Polygon Polygon fell 0.6 percent to $0.8 on a market value of $6.9 billion. During the last 24hours, the trading volume was 180.1 million dollars.
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Dec 21,2022

The presence of Bitcoin in the market is reaching all the time

The share of retail investors selling Bitcoin has reached a 17% high, according to blockchain research firm Glassnode and IntoTheBlock. Fast facts GlassNode defines retail investors as any wallet that manages less than 10 BTC, which is currently worth $168,300. Data from IntoTheBlock also shows that the percentage of Bitcoin supply that has not been triggered in at least a year was also at its peak on Monday, accounting for almost 70% of the total. "Not perfect yet, but strong for a 12-year-old property and moving in the right direction," Will Clemente, a blockchain researcher at Reflexivity Research, said in a tweet where he shared a chart of Glassnode data. "Bitcoin technology expands over time, while the main holdings of fiat focus on whales over time." It is reported that only 2% of wallets controlled the supply of Bitcoin in the past two years, prompting criticism of the cryptocurrency concentrated power. However, some industry analysts have said that the reported figures do not take into account lost Bitcoins, stolen Bitcoins or guardians. The increase in the level of investors trading in Bitcoin is closely related to the increase in the price of the asset, rather than news such as the lack of confidence of public institutions, banks, or as a safe haven of another benefit, according to the November Bank report. . international standards.
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Dec 20,2022

Litecoin (LTC) Surpasses Shiba Inu (SHIB) in Market Cap

aLitecoin (LTC) has surpassed Shiba Inu (SHIB) in terms of global market capitalization.LTC is currently in 14th place with SHIB just $60 million off its throne. The LTC team even tweeted a meme to celebrate the occasion.According to data from CoinMarketCap, Litecoin (LTC) has now surpassed Shiba Inu (SHIB) in terms of global market capitalization. LTC is currently ranked 14th according to the data. The current highest price of LTC is 4.66 $.SHIB approach to the main market with a difference of $ 60 million. Its market value is currently at $4.60 billion. SHIB is trading at $0.000008393, with a loss and gain of 2.2% in the last 24 hours. However, LTC traded up 2.9% in the last 24 hours and was valued at $64.90 at reporting time. Litecoin surpassed SHIB in terms of market capitalization on November 22, 2022. The official LTC Twitter account even tweeted to highlight the milestone with a popular meme. SHIB performance in terms of pricing is one of the main reasons for the rise in LTC. LTC is also considered as the second most active cryptocurrency. Messari did the research. They chose cryptocurrencies based on their estimated trading value over the past 24 hours.Litecoin also saw a 42% increase in market capitalization in the last 24 hours. It currently stands at $531,892,461. Although SHIB is not doing well in terms of price, its market value has increased by 48.8% in the last 24 hours. It is currently at $206,828,071. All cryptocurrency markets have been in an extended bear market. Every time the market tries to come back, another event pushes it back. Most of the best coins are 70-90% below their all-time highs.
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