All posts tagged: ETH

BTC, ETH Trade Lowly With Losses, Stablecoins Record Profits Close to November End

More cryptocurrencies saw losses than profits, as the turbulent month of November 2022 inches closer to its end. Bitcoin on Monday, November 28, opened with a value loss of 2.37 percent. BTC, at the time of writing, is trading at $16,111 (roughly Rs. 13 lakh). This is the second consecutive week where the oldest cryptocurrency has failed to break past this price point. On international exchanges like Binance and Coinbase as well, BTC struggled with small losses and traded at a similar price point. Ether tailed Bitcoin on the loss-trail. ETH, as per Gadgets 360’s crypto price tracker, is trading at $1,163 (roughly Rs. 95,150) after recording a loss of four percent. Binance Coin, Cardano, Polygon, Polkadot, and Litecoin also saw losses. Interestingly, rival meme coins Shiba Inu and Dogecoin, unconventionally found themselves on different sides of the crypto charts today. While Shiba Inu saw a 2.22 percent loss to trade at $0.0000089 (roughly Rs. 0.000730), Dogecoin rose in value by 5.56 percent to hover around the price point of $0.095 (roughly Rs. 7.78). Stablecoins …

BTC, ETH Grab Profits, Most Cryptocurrencies Swell Amid Market Volatility

The overall crypto price charts showed profits after majority coins opened trading with greens. Bitcoin stepped into the trading arena with a profit of 0.67 percent. As per the crypto price tracker by Gadgets 360, BTC is currently trading around the price point of $16,677 (roughly Rs. 13.6 lakh). Even on international exchanges like Coinbase and Binance, BTC stuck to the similar price point and registered small growths. BTC has failed to break out of the $16,000 (roughly Rs. 13 lakh) price point for the last two weeks at least. Ether also swelled in value after BTC registered gains. With a profit of 3.21 percent, ETH is trading at $1,198 (roughly Rs. 97,970). A bunch of altcoins registered profits along with BTC and ETH. These include Binance Coin, Ripple, Cardano, Polygon, Polkadot, and Solana. As for loss-making cryptocurrencies, stablecoins did make it to the list. Binance USD, USD Coin, and Tether, all dealt with losses. In addition, Litecoin, Monero, Bitcoin Cash, and Near Protocol also recorded value dips. The global crypto market cap rose by …