Monthly Archives: December 2022

Short-term Litecoin investors could profit if Bitcoin moves in this direction

LTC was in a slight uptrend. A bullish BTC would pump it toward $77.12. Litecoin (LTC) briefly fell below $75 after BTC dropped below $17.77K on 15 December. At press time, LTC was trading at $74.95 and appeared poised for an upside move if BTC moves above $17.77K.   The 4-hour chart showed that LTC may have reached its short-term low and was ready for a reversal. Should an uptrend occur, LTC would be facing the main resistance target at $77.12.  LTC is stuck in a… Source link

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BTC Falls From 5-Week High as Traders Continue to Digest Fed Decision – Market Updates Bitcoin News

BTC Falls From 5-Week High as Traders Continue to Digest Fed Decision – Market Updates Bitcoin News

Bitcoin fell from a five-week high on Thursday, as markets continued to react to the latest Federal Reserve interest rate decision. The U.S. Fed moved to increase interest rates by 50 basis points as expected, whilst also laying the ground for a slower pace of hikes in coming months. Ethereum also retreated from recent highs, falling below $1,300 earlier today. Bitcoin Bitcoin (BTC) was once again trading below $18,000, as bears reentered the market following the latest Fed… Source link

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BTC price levels to watch as Bitcoin dives below $17.5K post-FOMC

Bitcoin (BTC) is trending down after hitting one-month highs around the latest macroeconomic data and policy update from the United States. Having topped out at around $18,370 on Bitstamp on Dec. 14, BTC/USD is now giving back its gains, leading traders to eye where the next reversal may occur. Opinions differ — some warn that support levels for bulls to hold are already tumbling, while others believe that recent events are just another dot on the path to much lower levels. Cointelegraph… Source link

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Oryen Network Presale Live As Tron and Monero Prove Their Worth

Oryen Network Presale Live As Tron and Monero Prove Their Worth

Oryen has been ahead of the pack in its live presale, and it’s easy to see why. New cryptocurrency ORY is now offering a presale, following in the footsteps of successful projects like Tron and Monero. But with a recent 320% price increase in presale 7, ORY has reached its apex and surpassed big whales in the crypto industry. Oryen (ORY) A new DeFi project called Oryen is currently in its presale phase on the Binance Smart Chain, and it has already returned 320% to its early investors. A… Source link

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Litecoin Bearish Signal: Whale Deposits $37.4M In LTC To Binance

Data shows a Litecoin whale has deposited more than $37.4 million in LTC to the crypto exchange Binance, a sign that may turn out to be bearish for the asset’s price. Litecoin Whale Transfers 500,000 LTC To Crypto Exchange Binance As per data from the crypto transaction tracker service Whale Alert, a massive movement of tokens has been recorded on the LTC network in the past day. This individual transaction involved a shift of 1,300,940 LTC across wallets on the chain, worth upwards of… Source link

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Ethereum Price Prediction as ETH Sees $8.3 Billion Trading Volume Come In – Here’s Where It’s Heading Next

ETH trading volumes remain elevated, with $8.3 billion worth of tokens changing hands in the last 24 hours according to CoinGecko, as the cryptocurrency continues to pull back from Wednesday’s pre-hawkish Fed meeting highs in the $1,350 area. At current levels in the $1,280s, ETH/USD has now pulled around 5.0% back from these highs and, according to CoinMarketCap, is around 3.2% lower in the last 24 hours. Price predictions have… Source link

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Coinbase launches asset recovery tool for unsupported Ethereum-based tokens • TechCrunch

Coinbase, the second-largest crypto exchange globally, has launched a new tool to help its customers recover more than 4,000 unsupported ERC-20 tokens sent to its ledger, the company exclusively told TechCrunch. “ERC-20 token” is technical terminology for any cryptocurrency created using the Ethereum blockchain. While Coinbase supports hundreds of cryptocurrencies, there are thousands that it doesn’t. The ERC-20 self-service asset recovery tool allows customers to recover… Source link

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Coinbase launches asset recovery tool for unsupported Ethereum-based tokens • TechCrunch

Coinbase, the second-largest crypto exchange globally, has launched a new tool to help its customers recover more than 4,000 unsupported ERC-20 tokens sent to its ledger, the company exclusively told TechCrunch. “ERC-20 token” is technical terminology for any cryptocurrency created using the Ethereum blockchain. While Coinbase supports hundreds of cryptocurrencies, there are thousands that it doesn’t. The ERC-20 self-service asset recovery tool allows customers to recover… Source link

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Litecoin [LTC] holders might be ecstatic after reading these updates

Bitpay’s report revealed that LTC payments increased considerably in one year.  On-chain metrics and other LTC achievements suggested that a promising year could be awaited. Litecoin [LTC] has been dominating the crypto space of late by increasing its popularity and acceptance on a global scale. Crypto ATM Radar’s data revealed that Litecoin grabbed the second spot on the list of the most supported ATM cryptocurrencies. LTC even left behind Ethereum as the king of… Source link

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Ethereum Price Resilience Gives us Pause, but Not out of Woods Yet

Ethereum jumped and tested the $1,350 resistance against the US Dollar. ETH corrected lower, but the bulls are active near the $1,280 support. Ethereum was able to clear the $1,300 and $1,320 resistance levels. The price is now trading near $1,290 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,285 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless there is a clear move below the… Source link

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