Ray Youssef, CEO and co-founder of Paxful, announced plans to remove Ethereum from the platform and said that the “revenue is nice but integrity trumps all.” The comment came in response to an assessment from Jeremy Garcia, the CEO of Bitcoin education site Satoshi’s Journal, who blasted Ethereum as “poorly designed” and uncompliant with the “1st principles” of cryptocurrency. Lithium Ventures chief product officer Tom Littler explained first principles as criteria used to… Source link

Litecoin price has formed a head and shoulders pattern. The US will publish the latest inflation data on Tuesday. The Fed will deliver its rate decision on Wednesday. Litecoin price formed a small doji pattern ahead of the upcoming US inflation data and central bank decisions. It dropped to a low of $73.50, the lowest level since November 29. It has crashed by more… Source link

The ongoing crypto winter is not stopping the industry from pushing for global adoption and accessibility. A new partnership between CoinCorner and Bitnob opens a way for users across continents to perform cross-border transactions involving multiple fiat currencies. Typically transfer of funds between Europe and Africa requires a third-party facilitator like Western Union, which rely on centralized entities. These transactions often have processing times of multiple parties prior to approval… Source link

Source: TradingView The ethereum price has fallen by 2% in the past 24 hours, dropping to $1,249 amid a similar fall for the cryptocurrency market as a whole. Its current price represents a 2.5% decline in a week and a 3.5% decrease in the last 30 days, as wider macroeconomic pressures and continued negative sentiment continue to squeeze prices downwards.  On the positive side, it’s arguable that the ongoing falls have only put ETH… Source link

Bitcoin (BTC) starts one of the most important macro weeks of the year in a precarious position below $17,000. After its latest weekly close, BTC/USD showed little upward momentum prior to the Dec. 12 Wall Street open. With volatility yet to appear, the largest cryptocurrency continues to trade in a narrow range, and analysts are increasingly impatient for new catalysts. These, they agree, should come in the next few days — United States economic data is due, and its content and impact on… Source link

Shiba Inu vs Litecoin- Investors are estimating the more profitable asset for holiday investment Litecoin vs Shiba Inu– the two cryptocurrencies are competing to become the top crypto investments this Christmas! As we all know, the year 2022 has been traumatic for the entire crypto market, besides, the mainstream economic and financial markets are also suffering due to the ongoing recession. Major digital assets like Bitcoin and Ethereum have lost over 50% of their value and have driven… Source link

Congratulations are in order for Uniglo, following a spectacular 2X on launch last month. This caused little surprise – Uniglo is one of the most interesting and innovative products to reach the market this year. GLO is underpinned not only by digital assets like NFTs and cryptocurrency but also by real-world assets like fine art, high-end watches, and prime real estate. Such investments have traditionally brought home steady, reliable gains with long-term holding. Combined with the… Source link

Litecoin mega whale addresses holding their highest level of available supply since June 2017 started mass accumulation of LTC.  In the past five weeks, 2.95 million Litecoin tokens were accumulated by addresses with 1 million or more LTC in their wallet.  The US Federal Reserve, the European and British central banks will usher in decisions on interest rates this week, ensuring a volatility-filled time for crypto. Litecoin accumulation by large wallet investors… Source link

Cryptocurrencies slipped on Monday. The global crypto market cap stood at $840.2 billion, with a volume of nearly $29.3 billion in the past 24 hours. Bitcoin | The world’s largest and most popular virtual currency, Bitcoin, fell 1.4 percent to $16,906.3. Its market value stood at $325.1 billion. The trade volume was at nearly $16.3 billion. “Bitcoin is trading in a tight zone changing hands between $17,300 and $16,800 levels since the past two weeks indicating a range-bound rally. However,… Source link

Ethereum faced a strong rejection near $1,300 against the US Dollar. ETH is declining, but there is a major support waiting near $1,240 and $1,220. Ethereum struggled to clear the $1,295 and $1,300 resistance levels. The price is now trading below $1,260 and the 100 hourly simple moving average. There was a break below a key contracting triangle with support at $1,270 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now approaching a major support at $1,240 and… Source link