Litecoin price is struggling to rise above $66.40 against the US dollar. LTC may revisit the $60 support before the bulls take a strong stance. Litecoin is correcting losses incurred at the $63 support zone against the US dollar. The price is currently trading below $66 and the 100 simple moving average (4-hours). The 4-hours chart of the LTC/USD pair (data feed from Kraken) shows a major contraction triangle forming with resistance near $65.50. The price may fall towards the $60 support level before starting a fresh hike. Litecoin price indicates bearish movement. Bitcoin, Ethereum, Litecoin and other altcoins experienced…
Author: Crypto Flexs
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Poloniex was hacked and over $100 million worth of cryptocurrency was stolen. Tron founder Justin Sun confirmed the hacking, saying he would give the hacker a 5% white hat reward. Cryptocurrency exchange Poloniex has reportedly been hacked worth over $100 million after its hot wallets were compromised. According to data from the Onchain Data Platform: Look on chainHackers moved the stolen assets to wallets on Ethereum and Tron as they attempted to cash out their loot. Poloniex Hacker Is Selling Stolen Assets #Ethereum for $ETH and stolen assets. #tron network $TRX. Stay safe! #polonyxhackerhttps://t.co/RFi9PHpbyphttps://t.co/6BlwKUOHG5 pic.twitter.com/G6ETnc3Q1M — Lookonchain (@lookonchain) November 10,…
In the cryptocurrency space, protecting digital assets is of utmost importance, and understanding the differences between hot and cold wallets is important for every investor. Whether you are a daily trader or a long-term holder, knowing which wallet suits your needs is critical to your investment strategy in the volatile cryptocurrency markets. In this article, we will explore the complex differences between the two and review the pros and cons of each. What is a cryptocurrency wallet? A cryptocurrency wallet is a digital or physical device that securely stores private and public keys and facilitates transactions. These digital wallets are…
introduction Fat loss has always been a topic of great interest to many people in today’s society. As obesity rates increase, people are often looking for quick and easy ways to lose weight. Fat loss tablets have become popular in recent years and are expected to aid in weight loss efforts. But do these tablets really work? In this article, we will explore the science to determine the effectiveness of fat loss pills. Understanding Fat Loss Tablets Fat loss tablets, also known as weight loss supplements or diet pills, are formulated to assist individuals in their weight loss journey. These…
reporter Posted on: November 24, 2023 The number of daily transactions on Phantom recently hit an all-time high. However, demand for FTM continues to plummet. Phantom Network (FTM) recently saw a surge in activity on November 22nd with the launch of the Phantom Inscription FRC-20 protocol on the blockchain. The popularity of the protocol led to a record 2.94 million transactions on the network, a significant increase over the typical daily number of transactions. This surge in activity also caused gas fees to surge, reaching a high of 11,000 GWEI during the intraday trading session before the correction. At press…
When combined with Bitcoin, digital certificates on the blockchain contribute to the security of financial transactions in the digital realm through several key mechanisms. First, digital certificates serve as cryptographic tools that verify the authenticity of participants in a transaction. Blockchain, a decentralized and tamper-resistant ledger, ensures that these certificates are securely stored and cannot be altered, providing a trusted means of verifying the identity of parties engaging in financial activity. Second, Bitcoin’s integration leverages its decentralized nature and consensus mechanism to enhance the security of transactions. Using Bitcoin for financial transactions on the blockchain adds an additional layer of…
Dubai will host the third edition of Crypto Fight Night (CFN), a competition combining cryptocurrency and boxing hosted by the WBC Crypto World Championship. The event will feature cryptocurrency experts in the ring in what organizers call one of the biggest sporting events in the cryptocurrency industry. Wake up to the day of battle! ⏰ #CFN3 It has finally arrived! 🙌After months of hard work, it all came crashing down tonight! 🔥1️⃣6️⃣ Fight 🥊 5️⃣ Title🏆 #️⃣ #CFN3 📅Friday, November 24th🏟️ Yume Theater🎟️Tickets are sold out.📺 Live https://t.co/HIYQRj1gm8 | Fit TV📍 Dubai, United Arab Emirates pic.twitter.com/YRQlXCJYPW— Crypto Fight Night (@CryptoFightWeek)…
It’s never a boring day in cryptocurrency. Not long after SBF received the compensation it deserved, the U.S. government today settled the largest cryptocurrency lawsuit in history. Changpeng “CZ” Zhao stepped down as CEO of Binance as part of a $4 billion settlement between the U.S. agency and the cryptocurrency exchange he founded. The end of CZ The announcement Tuesday by Zhao and several regulators caps a years-long investigation into anti-money laundering violations and sanctions violations by the Justice Department and others. At X, CZ announced its resignation and appointment of Richard Teng as its new CEO. Click on the…
index Crypto analyst Dan Gambardello recently made headlines for his bullish Cardano price prediction. Analysts have predicted that Cardano will surge to $11 during the next cryptocurrency bull market. Besides Cardano, analysts are also bullish on Ripple and Everlodge. join Everodge Pre-sale and win a luxury Maldives holiday Cardano (ADA) We’ll go to 11, Dan said. Gambardello cryptocurrency analyst and Gambardello predicted Cardano (ADA) could reach $11 in the upcoming bull cycle. This increase would push Cardano’s market cap to over $400 billion. Gambardello pointed out that Cardano’s ADA is one cycle behind Ethereum. According to him, the Cardano cryptocurrency…
X (formerly Twitter) restricted the account of former Binance CEO Changpeng ‘CZ’ Zhao. The Binance founder resigned Tuesday after pleading guilty to DOJ charges. Binance founder and former CEO Changpeng ‘CZ’ Zhao’s X account has been restricted. It’s unclear why the former Binance CEO’s X (formerly Twitter) is being restricted, but the move comes as a surprise to many. On Thursday, U.S. prosecutors wanted to block CZ from leaving the U.S. for the UAE, claiming he was a flight risk. This after he pleaded guilty to money laundering charges and was released on $175 million bail. Binance will also pay…