Litecoin price has fallen 14% in the last 24 hours and 23% in the past week. The price also fell below the rising channel trend line support. Can the bulls stop the dump after the halving? Litecoin price has fallen 14% in the last 24 hours, adding to the pain bulls have experienced over the past three weeks. The cryptocurrency, which successfully completed its third block reward halving earlier this month, traded as low as $60.75 and is down 23% in the past week. Why did Litecoin price drop today? LTC’s recent price drop came as most of the top…
Author: Crypto Flexs
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Ethereum formed a “golden cross” pattern on a weekly basis, marking the second such signal this year. If history repeats itself, the long-term impact could be very positive, but there are reasons to temper expectations. A weekly golden cross has formed | ETHUSD on TradingView.com Possible targets for Ethereum Golden Cross and new ATH There is 1W ETHUSD Formed the Golden Cross A golden cross is a buy signal in a moving average based trading system. This suggests that the trend is moving in an upward direction and this is noteworthy as trends tend to persist. A golden signal occurs…
The cryptocurrency market has seen renewed interest recently, with major coins like Bitcoin surging alongside meme coins like Dogecoin. In this analysis, we will look at the latest price movements and developments for three major meme coins: Shiba Inu (SHIB), BonkCoin (BONK), and Dogecoin (DOGE). Shiba Inu (SHIB) SHIB attempted to break out of the downward trend, but failed again due to Bitcoin correction SHIB price fell 1.08% to $0.00000822. Possible retest of lows in November The future seems uncertain. The rally could be the start of an uptrend or could be driven by Bitcoin spot hype. Shiba Inu Price…
Solana’s native token, SOL (SOL), was trading at $58 on November 28 with a significant gain of 5.5%. This increase follows a retest of the $54 support level on November 27. While some attribute SOL’s rise to the performance of the broader cryptocurrency market amid a worsening macroeconomic environment, the Solana network and its ecosystem have also played a significant role in driving the price rise.US Dollar Index (DXY). Source: TradingViewOn November 28, the US Dollar Index (DXY), which measures the strength of the US dollar against major fiat currencies, hit a three-month low. Investors are increasingly betting that the…
Summary Just like that, cryptocurrency and non-fungible token (NFT) digital donations are now the fastest-growing new type of donation to charities around the world. Consider these 2 top points:1. Over $300M in crypto has been gifted in the last year, and most recipient nonprofits have opted to auto-convert cryptocurrency to dollars or equivalent upon donation.2. More sophisticated ways to receive crypto gifts, like endowments and trusts, can hold cryptocurrency for future conversion. This article is for donors – it explains the benefits of making crypto donations, and describes some of the options for more sophisticated and impactful giving.Two related articles…
The Treasury Department said North Korean cybercriminals used Sinbad to launder hundreds of millions of dollars stolen in some of the biggest cryptocurrency hacks, including Ronin Bridge and Atomic Wallet. The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions against Sinbad, a cryptocurrency mixing service known to be used by bad actors such as North Korea’s Lazarus Group to launder digital assets. According to a November 29 statement, Sinbad’s platform has racked up hundreds of millions of looted cryptocurrencies in some of the biggest cryptocurrency exploits, including the $600 million Axie Infinity Ronin Bridge hack, the $100…
While the number of leaders and founders celebrated has declined in the past cryptocurrency bull market, Forbes has not been shy about honoring cryptocurrency experts with its most recent “30 Under 30” of North American financial leaders.Almost half of the slots were filled by professionals working in or related to cryptocurrencies.Chipper Cash co-founder Ham Serunjogi took first place. According to Forbes, the 28-year-old company serves more than 5 million customers in seven countries, including South Africa, Nigeria, the UK and the US, who use it to trade or make payments with cryptocurrencies. Serunjogi and his co-founder Majid Moujaled launched Chipper…
Wallet of Satoshi’s recent decision to discontinue customer service in the U.S. marks a crossroads in the evolution of Lightning as a consumer tool. Wallet of Satoshi has been invaluable in providing everyday users with a reliable, managed, yet functional and reliable tool for micropayments made on the Lightning Network. Departing from service to the United States would leave a huge hole in Lightning’s toolbox for American Bitcoin users. Management tools aren’t the ideal type of tool, especially for small volumes, but it’s impossible to deny that they have a place in this ecosystem. It’s not for everyone, and certainly…
Developed by former members of Facebook’s blockchain team (now Meta), the Sui Network token has experienced significant growth today as it targets the broader cryptocurrency market trying to recover from the recent downturn. Sui (SUI)Sui (SUI) led the day’s positive movement with a notable 7.9% surge, driven by attractive offers to strengthen token economics and a selling squeeze targeting long positions in the futures market. While most tokens have remained in the red over the past week, a handful of digital assets have achieved modest gains in the range of 1-5% since Monday. Over the past 24 hours, the overall…
Yuga Labs and Magic Eden plan to launch the new Magic Eden ETH marketplace before the end of 2023. The startups claim this will be the first major Ethereum marketplace “to be contractually obligated” to protect creator royalties. Yuga Labs CEO Daniel Alegre said the new ETH marketplace is a win for the web3 ecosystem. Yuga Labs, the Web3 startup behind the popular Bored Ape Yacht Club (BAYC), Otherside, Meebits, and CryptoPunks, is launching a new Ethereum marketplace in partnership with cross-chain NFT platform Magic Eden. According to an announcement posted today on It will be. Blockchain startups expect the…