Bitcoin, Ethereum, Avalanche, and Litecoin Daily Price Analyses – 17 May Roundup

The performance of the global crypto market over the last day shows the coming back of it to the same pattern, as evident from Bitcoin's performance. It has continued to alternate between bullish and bearish waves.

Timeline of Avalanche, Bitcoin, Ethereum, Litecoin

“Ethereum's overwhelming mindshare helps explain why its users have been willing to pay more than $15 million in fees per day on average just to use the blockchain,” a16z stated.

Almost 20% of all internet traffic on the planet runs through Cloudflare's infrastructure, and they are now going to be running an Ethereum Consensus Layer node by staking ETH. The post Web2 giant Cloudflare to run Ethereum 2.0 validator nodes appeared first on CryptoSlate.

Bitcoin has had its fair share of highly volatile days since its inception. This comes as no surprise given that volatility remains one of the most prominent characteristics of the cryptocurrency and this volatility is a major pull for investors.

The crypto bloodbath continues to rage on, as bitcoin drops 13%, although to a lesser degree than what was experienced last week. Due to this, there have been several migration patterns recorded in crypto investors as they look for the best safe haven.

Central bankers are meeting in El Salvador and have discussed bitcoin. But bitcoin is not the primary focus of the meeting. The post Here's why central bankers are talking about bitcoin in El Salvador this week appeared first on The Block.

The largest Ethereum (ETH) whales in existence are accumulating decentralized oracle network Chainlink (LINK) and a collection of decentralized finance (DeFi) altcoins as the crypto markets show signs of stability. According to blockchain tracker WhaleStats, the top 100 Ethereum whales are currently most interested in three stablecoins and over a half dozen altcoins, with Chainlink The post Ethereum Whales Pick Up Chainlink and Three Additional DeFi Altcoins As Crypto Markets Stabilize: WhaleStats appeared first on The Daily Hodl.

If you are invested in the cryptocurrency market, chances are that you are wondering where Bitcoin is headed. The latest events in the last two weeks suggest that BTC is due for a bullish recovery.

The Bitcoin price prediction indicates bearish momentum as further upside was rejected during the European session. Bitcoin Statistics Data: Bitcoin price now – $30,149 Bitcoin [.

As bitcoin continues to trade at less than half of its all-time high, investors are continually increasing their wallet sizes, with reports showing that the number of addresses with over 1BTC is surging. The increasing number of large-sized wallets in…

After a rather short-lived string of higher troughs and peaks within the bounds of a three-month up-channel (yellow), Bitcoin [BTC] headed south while dropping below some critical price points. While the near-term trajectory clearly revealed a bearish vigor, BTC HODLers were defending the 16-month floor at $28.8K.