SHIB Remains Close to 2-Month High, as BCH Extends Recent Gains – Market Updates Bitcoin News

Shiba inu was trading close to a two-month high on Tuesday, despite prices marginally falling from yesterday’s peak. As of writing, prices of the meme coin remained elevated, despite earlier gains easing. Bitcoin cash was also higher, rising for a seventh consecutive session. Shiba Inu (SHIB) Following on from yesterday’s rally which took prices to a two-month peak, shiba inu (SHIB) continued to trade close to these levels, despite earlier gains easing. Prices of the meme coin hit an intraday high of $0.00001243 on Tuesday, which is marginally below Monday’s…

Fedi to Build Privacy-Focused Bitcoin Mobile App on Fedimint Protocol

“Fedimint” is an abbreviation of the words, “federated” and “mint.” The concept was originally conceived in 1983 by renowned computer scientist and cryptographer, David Chaum, and later used to create e-cash, a primordial, albeit centralized, version of today’s cryptocurrencies. E-cash used blind signatures to preserve user privacy. Blind signatures allow a sender’s message to be cryptographically blinded (or hidden) before being digitally signed by the recipient, thereby preserving the sender’s anonymity. Original

Solana Adds 70% More Shine

Recent Solana price analysis indicates that the bulls have taken the driver’s seat as prices of the crypto have surpassed the $45 mark. As of this writing, SOL is trading at $46.25, up 40% in the last seven days, data from Coingecko show, Tuesday. The market is anticipated to continue its ascent as long as $41 serves as support. Nevertheless, the bears may claw their way back if prices fail to surpass the $42 resistance barrier. Suggested Reading | Polygon Price Explodes By 60% – Is MATIC Nearing $1 Target? Solana Outperforms Major Cryptos Solana’s price…

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$500,000 Bitcoin Still Possible By 2027 – Mike Novogratz

Summary: Bitcoin proponent Mike Novogratz reaffirmed his infamous “$500K in 5 years” prediction during the Bloomberg Crypto Summit. Novogratz made similar remarks back in March a few weeks before the markets tanked. Since his March comments, Bitcoin has fallen below $20,000 and bounced back above the same level. The leading cryptocurrency is in a rally of sorts at press time. Other crypto pumps are also in play as Ethereum supposedly led a broad-based relief in the crypto market. ETH’s price surge could be due to news surrounding The Merge, Ethereum’s…

Technicals suggest Bitcoin is still far from ideal for daily payments

It is no secret that a vast majority of investors, both from the realm of traditional as well as crypto finance, view Bitcoin (BTC) as a long-term store of value akin to “digital gold.” And, while that may be the dominant narrative surrounding the asset, it is worth noting that in recent years the flagship crypto’s use as a medium of exchange has been on the rise. To this point, recently, the central bank of El Salvador revealed that its citizens living abroad have sent over $50 million in remittances…

Bitcoin lurks by $22K as US dollar falls from peak, Ethereum gains 20%

Bitcoin (BTC) hugged $22,000 on July 19 as macro conditions slowly turned to favor risk assets.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Stocks, crypto rise as dollar weakens Data from Cryptox Markets Pro and TradingView showed BTC/USD cooling volatility immediately below the crucial 200-week moving average (WMA). The Wall Street open saw further gains for United States equities in the face of a declining U.S. dollar, which extended its retracement after hitting its latest two-decade peak. The U.S. dollar index (DXY) stood at around 106.5 at the time of writing,…