Analysts predict that Litecoin will rally to $105-$110, supported by strong technical indicators and growing market momentum. More than 90% of Litecoin holders are making profits, showing positive sentiment and continued interest in cryptocurrencies. Litecoin (LTC) It has shown promising strength recently, and analysts are predicting a potential surge in price. Cryptocurrency analyst World Of Charts says stated Litecoin is gearing up for a significant breakout, and if successful, it could see a rally to the $105-$110 range. The analyst noted: “$LTC is looking strong here and ready for a breakout. A successful breakout could see a move to $105-$110.”…
Author: Crypto Flexs
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Jessie A Ellis 16 Aug 2024 17:18 Gala Games introduces Eleanor, a new hero for The Walking Dead: Empires, with cards going on sale August 16. Gala Games has announced a new hero for its popular game The Walking Dead: Empires. According to Gala News, the new character, Eleonore, will be available for purchase starting August 16, 2024 at 7 a.m. PST. Eleonore’s story Eleanor is an original hero introduced to the world of The Walking Dead: Empires. Once a journalist with a knack for uncovering stories, she now uses her investigative skills to…
Bitcoin price failed to break above the $61,500 resistance level. BTC is currently retesting the $58,000 support level and may attempt a new uptrend. Bitcoin started a new downtrend from the resistance level of $61,500. The price is trading below $60,000 and the 100 hourly simple moving average. According to data provided by Kraken, a major bullish trend line has broken below the support level of $59,250 on the hourly chart of BTC/USD. If the price stays above $58,000, the pair is likely to attempt a new uptrend. Bitcoin Price Support Maintained Bitcoin price failed to settle above the $61,500…
Tron has grown to become the second largest blockchain in stablecoin market share, behind Ethereum. According to data from Coin Metrics Network, Tron’s stablecoin supply is now $61.1 billion, accounting for 37.9% of the total stablecoin market share, which is currently at $161.1 billion. This is a significant increase from the $46.6 billion supply a year ago. Tron lags behind the Ethereum network, which accounts for 55.7% of the total stablecoin market supply, at $89.7 billion. Stablecoin supply by network. Source: Coin Metrics NetworkThe increase in Tron’s stablecoin supply is consistent with its previous volume growth, which has increased by…
Tron has grown to become the second largest blockchain in stablecoin market share, behind Ethereum. According to data from Coin Metrics Network, Tron’s stablecoin supply is now $61.1 billion, accounting for 37.9% of the total stablecoin market share, which is currently at $161.1 billion. This is a significant increase from the $46.6 billion supply a year ago. Tron lags behind the Ethereum network, which accounts for 55.7% of the total stablecoin market supply, at $89.7 billion. Stablecoin supply by network. Source: Coin Metrics NetworkThe increase in Tron’s stablecoin supply is consistent with its previous volume growth, which has increased by…
Self-custody wallet company Exodus Movement reported second-quarter revenues of $22.3 million, up 80% year-over-year. However, the company’s cost of sales also increased, and its quarterly loss was nearly $10 million, compared to a profit of $1.9 million in the same quarter a year ago.“Our strong second quarter results reflect our leadership in product innovation and the overall growth of the digital asset market,” JP Richardson, Exodus CEO and co-founder, said in a statement.The company, which has been in business for nearly a decade, launched one of the first digital wallets for Bitcoin. Since then, it has expanded to over 50…
Wang Long Chai 16 Aug 2024 17:51 Gala Games has unveiled a new tank body, the ‘Trax’, featuring high energy gain and a unique directional drive system for the Spider Tank. The latest addition to Gala Games’ popular game Spider Tanks is a tank body called ‘Tracks.’ According to Gala News, this new tank body is set to revolutionize gameplay with its high energy gain and unique directional drive system. Track release Tracks is a retro-style tank body that abandons traditional legs and adopts a more traditional tank drive system. The design, reminiscent of…
Sygnum suggests investor demand for Solana ETF will be low. Solana’s Grayscale Trust has low inflows. BlackRock has no plans for a Solana ETF. Exchange Traded Funds (ETFs) have been widely anticipated in the cryptocurrency space, with many predicting that they will have a positive impact on the market. This is because, unlike traditional cryptocurrency investments, ETFs provide a regulated way for institutions to invest in cryptocurrencies. For this reason, after the approval of spot Bitcoin and Ethereum ETFs, Solana traders are hoping that SOL will be next. However, things are not looking good as other institutions are expressing skepticism.…
Four times a year, institutional investment managers with more than $100 million in assets under management file a 13F report with the Securities and Exchange Commission. The report, which must be filed within 45 days of the end of each quarter, shows the manager’s stock holdings but does not disclose short positions.13Fs can be a way to get a glimpse into how the biggest portfolios and most influential fund managers are operating in the market. In May, Bitwise CIO Matt Hougan said that the spot Bitcoin ETF allocations disclosed in 13Fs (the first quarter in which the ETFs are eligible)…
Peter Zhang 16 Aug 2024 18:29 BitMEX launched BANANAUSDT perpetual swaps, allowing traders to leverage up to 10x. Trading began on August 16, 2024. BitMEX officially announces the listing of BANANAUSDT perpetual swaps, giving traders the opportunity to leverage up to 10x. According to the BitMEX blog, trading for this new derivative product opened on August 16, 2024 at 04:00 UTC. BANANAUSDT Listing Details BANANAUSDT Perpetual Swap is designed to meet the growing demand for a variety of trading options within the cryptocurrency markets. Traders can now participate in this new listing with leverage…