The Litecoin price is grinding sideways in a narrow range, capped by the 200 DMA and unable to take inspiration from Bitcoin’s strength. Litecoin (LTC) has closed between $174.80 and $180 in each of the last six trading days, which could be a worrying sign considering BTC’s relentless advance. However, if LTC can muster the strength to clear the 200-day moving average at $189.31, it could embark on a bullish run of its own. On the flip side, if the Litecoin… Source link

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Key Takeaways Jonathan Toebbe and his wife, Diana Toebbe, attempted to sell nuclear secrets from the U.S. Navy to a foreign power. The couple attempted to use Monero as the means of payment due to the cryptocurrency’s private transactions. However, U.S. agents were behind the initial offer, and the Toebbes were monitored and identified at dead drops. Share this article A U.S. Navy engineer and his wife recently attempted to sell nuclear secrets for cryptocurrency, according to court… Source link

Bullish sentiment continues to grow after bitcoin’s price broke above $57,000 on Monday. BTC is up about 3% over the past 24 hours, extending its outperformance compared to alternative cryptocurrencies. Analysts see continued upside, with some calling for a return to the all-time high near $63,000 this quarter. “The crypto rally is impressive since it occurred in the face of a broader risk-off environment in both equities and bonds, with crypto markets seemingly decoupling from the… Source link

A US Navy nuclear engineer and his wife have been arrested by authorities for allegedly attempting to sell confidential military documents in exchange for privacy coin Monero (XMR). Jonathan Toebbe was a nuclear engineer assigned to the Naval Nuclear Propulsion Program, where he held an active national security clearance through the U.S. Department of Defense (DOD) which gave him access to restricted military information.   According to Attorney General Merrick Garland, Toebbe Source link

Bitcoin price pushes towards new five-month highs, tests prior May 12th sell-off levels. Ethereum price shows a massive bullish engulfing daily candlestick developing on the Monday trade session. XRP price positioning for the most bullish conditions it’s seen since March. Bitcoin price is now trading at the same levels that preceded the -50% corrective move from May 12th to June 22nd. Ethereum price is currently forming one of the most sought-after bullish candlestick patterns, the… Source link

Bitcoin has obliterated both the $56,400 and $57,300 levels of resistance as it begins to embark on a sensational comeback towards the $60,000 mark. The world’s largest cryptocurrency has now doubled in value since late June and early July when it languished below $30,000. The rally is being attributed to unconfirmed rumours of a Bitcoin ETF being approved by the SEC, whilet others believe Bitcoin is finally coming into its own as an inflation hedge in light of stagnation in the value of… Source link

Bitcoin jumped to a fresh five-month high early Monday, extending its two-week price rally even though Friday’s weak U.S. jobs report failed to damp expectations that the Federal Reserve will begin to scale back its bond-buying program in November. The market also turned a blind eye toward the data showing supposedly bearish positioning by leveraged funds in the futures market. The cryptocurrency rose to $57,000 during the early European trading hours, hitting its highest mark since… Source link

The U.S. jobs data, which released on Friday, showed Nonfarm payrolls increased by 194,000 in September, compared to the Dow Jones estimate of 500,000. However, the jobless rate dropped to an 18-month low of 4.9%, keeping the Fed on track to begin unwinding the crisis-era stimulus from November and lift interest rates by mid-2022. Source link

Ethereum was looking pretty bullish and it was leading the cryptocurrency market for some time, before the major crypto crash in May. Even after the crash ended, Ethereum has been showing resilience, as it gained around 250% from July’s low until early September, when it broke above the $4,000 level. The second crypto crash in September took its toll on all cryptos, and Ethereum retreated below $3,000, but nothing can keep a good cryptocurrency down. The 100 SMA (green) held as support on… Source link