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Important points Litecoin has remained stable above $60 since September. The April decline tested the $70 support zone. A potential breakout could target the next $170 level. Since the August lows, Litecoin (LTC) price movements have broken through major support and resistance zones, hinting at the possibility of change. After recovery, it began to move laterally, forming a symmetrical triangle under horizontal resistance. After recently breaking out of both major resistances, a retest was conducted that points to future prospects. Litecoin price analysis From September 2023 to February 2024, Litecoin maintained stability above $60, forming a horizontal support level and…
Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, managed to remain stable within the $67,000 range early Friday morning for the third consecutive day this week. Other popular altcoins such as Ethereum (ETH), Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC) have seen overall ups and downs due to market-wide fear and decline. It was mixed. According to data from CoinMarketCap, the Greed Index scored 56 out of 100 (neutral). The SAFE token rose nearly 35 percent in 24 hours, becoming the biggest gainer. Popcat (SOL) was the top loser, losing nearly 9% in 24 hours. At the…
Finance Minister Choi Sang-mok, second from the right, speaks to reporters at the G20 Finance Ministers’ Meeting in Washington on Friday (local time). Provided by Ministry of Economy and FinanceWritten by Lee Yeon-wooFinance Minister Choi Sang-mok announced Friday that South Korea will require reporting of cross-border stablecoin transactions by the second half of next year, in a bid to prevent illegal activities such as tax evasion.Choi told reporters at the Group of 20 (G20) finance ministers and central bank governors meeting held in Washington, “As the number of stablecoins like Tether increases, we will continue to expand borders using stablecoins.…
Ripple filed a pre-argument appellate statement outlining four issues it intends to cross-appeal to the SEC. This development comes two weeks after Ripple revealed that its appeal ensures that “nothing is left on the table.” Recall that Ripple lost out on the issue of institutional sales of XRP, which was considered an investment contract. As a result of the ruling, a federal court ordered Ripple to block future institutional sales and imposed a $125 million fine. However, as the SEC appealed the ruling against Ripple (programmatic sales and other distributions of XRP), the payments company also filed a cross-appeal notice…
Microsoft shareholders are scheduled to vote on a proposal at a December 10 meeting to assess whether the company should diversify its balance sheet to include Bitcoin, according to a recent SEC filing. However, the company’s board formally recommended voting against the initiative. The proposal, submitted by the National Center for Public Policy Research (NCPPR), states that companies have a “fiduciary responsibility” to maximize shareholder value by working to protect profits from damage. The conservative think tank has sounded the alarm on inflation in the US, arguing that to break even, corporate assets need to rise in parallel with the…
Yesterday, a cybersecurity company reported that North Korea’s notorious hacker group devised a fake blockchain game and successfully stole $3 billion worth of cryptocurrency from users. Kaspersky Lab said the Lazarus group exploited a critical vulnerability in the Google Chrome browser to compromise victims’ cryptocurrency wallets. Lazarus Group: $3 Billion Crypto Heist North Korean hackers have reportedly stolen more than $3 billion in cryptocurrencies using fake games, and the group successfully carried out this operation over a six-year period from 2016 to 2022. This heist is a fallout from Google’s failure to fix a vulnerability in its Chrome browser. Meanwhile,…
The cryptocurrency market is experiencing significant changes. Major investors are eyeing Dogen, a new contender that is gaining traction. While TRX is on the rise, well-known tokens like Dogecoin and PEPE are falling out of favor among major players. In this article, we will reveal which digital coins are attracting interest and have the potential for significant growth in the future. DOGEN pushes hard: the strongest meme token that dominates virtual currency Doge, Shib, and Floki will be crying as the real alphas rush in. Introducing DOGEN, the most ferocious and most bullish meme token ever to hit the market.…
Kraken, one of the oldest cryptocurrency exchanges, has announced plans to launch its own blockchain platform, known as “Inc,” early next year. Blockchain is designed to support a variety of decentralized applications (dApps) that aim to facilitate the trading, borrowing, and lending of tokens without relying on intermediaries. The move marks Kraken’s entry into the growing field of proprietary blockchain, which many crypto exchanges are leveraging to increase user engagement and increase revenue. An innovative blockchain inspired by the success of decentralized finance Ink’s development is inspired by the success of other decentralized finance (DeFi) platforms, particularly Coinbase Global Inc.’s…
Bitcoin was retested and found support near the $66,000 level, proving that the recovery is certain. Ethereum price stabilizes after retesting the daily support level at $2,461. A solid close below would signal a decline ahead. Ripple price is rejected at the 200-day EMA at $0.552 and the downtrend may continue. Bitcoin (BTC) has found support at the key $66,000 level, suggesting a possible recovery. However, Ethereum (ETH) and Ripple (XRP) prices are struggling below important support levels, indicating that the downtrend could continue. Bitcoin shows signs of recovery after finding support near $66,000 Bitcoin price fell to retest the…
Trump Media stock has soared over the past month, rising 198%. The recent jump came after the stock fell to an all-time low of $12.15 on September 23rd. The stock is currently trading at $36.30 per share. Trump Media and Technology Group (TMTG) is the founder of Truth Social, an upstart social media platform founded by former President Donald Trump when he was banned from mainstream sites following the Jan. 6 attack on the U.S. Capitol. is a holding company that owns He refuses to accept that he lost the 2021 and 2020 presidential elections. The stock trades on the…