Crypto Espresso: Your quick shot of the latest crypto moves and news
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Your quick shot of the latest crypto moves and news, the Crypto Espresso is brought to you by Capital.com Australia (AFSL 513393), a multi-award winning global investment trading platform.
Blockchain for breakfast, Australia?
Let’s begin with something lite…
Cryptocurrency Litecoin has been working off the indulgence of a 7% price feast around Christmas Eve, the altcoin has already shed 12% to date (30 December), leaving it just 17% higher than at the start of the year.
The Capital.com team has all the glorious minutiae of LTC’s recent performance, here.
Digital currency wobbled on Thursday in overnight US trade. After spending much of the day in positive territory, the prominent cryptocurrencies began to mix late on, with Bitcoin dipping 0.12%, Ethereum up 0.7%, while Litecoin fell 0.28%.
And after setting record highs in November, the two largest cryptocurrencies – Bitcoin and Ether – are poised to end the year with one of the worst monthly drops on record.
Metahero is a blockchain project using 3D scanning and modelling tech to generate ultra-high-definition (UHD) avatars and virtual items that can be used across games, virtual reality and social media, oh, and in online fashion.
The company offers futuristic virtual opportunities where people can recreate real-world assets and then move them into the metaverse.
Despite a soft Christmas boost, FET coin, the fetch.ai native cryptocurrency, continues to fall from its all-time high of September. With its price down to $0.5088 that equates to a 57% discount off its original value.
Here the team have tracked the recent developments in the cryptocurrency’s protocol and the latest price forecasts.
HEX is a producer of a certificate of deposit (CD) for the crypto world, more than doubling in value this month – including a 20% rise on 30 December. This recovery follows a bitter November when a series of reducing peaks saw it tumble 60%.
Here Capital.com digs deeper into the project to predict its possible future price.
This article was developed in collaboration with Capital.com Australia (AFSL 513393), a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.