Gamza Khanzadaev Biggest South Korean exchanges decided to terminate Litecoin (LTC) operations Today, June 8, it became known that major South Korean cryptocurrency exchanges such as Upbit and Bithumb decided to stop supporting Litecoin (LTC), due to the activation of the MimbleWimble Extension Block (MWEB) update on the main Litecoin network, a protocol with extensive scaling and increased privacy capabilities. Based on Upbit’s statement, the decision to delist Litecoin (LTC) was… Source link

In brief Adim is a new Web3 entertainment company from actor and creator Rob McElhenney. The startup will use decentralized writers’ rooms to develop IP and then share in future royalties or revenue with NFT-holding co-creators. The Web3 world is built on a decentralized, collaborative ethos—and it’s pulling in creators from traditional media industries who want to try something new. Now, actor and filmmaker Rob McElhenney from hit TV series “It’s Always Sunny in Philadelphia”… Source link

Key Insights The Monero community decided to include a “minimum subsidy” or “tail emission.” Monero (XMR) will introduce an upgrade dubbed “Tail Emission.” The Monero Tail emission will start at block height 2641623 at 2022-06-09 00:35 UTC. Monero (XMR) is a blockchain network that puts its primary focus on privacy preservation and has a peer-to-peer (P2P) digital currency known as XMR that is specifically designed to be entirely untraceable and anonymous. This means that a… Source link

Bitcoin (BTC) left both long and short traders behind in May and June, but data suggests trading it may be “easier” than many imagine. According to on-chain analytics resource Whalemap, Bitcoin whales have all but dictated market performance in recent weeks. Whales help pin Bitcoin at $30,000 In fresh analysis published on June 7, Whalemap researchers showed that BTC/USD local tops and bottoms have coincided with areas of heightened whale activity. When Bitcoin’s largest wallet entities… Source link

What You Need to Know Although the crypto market lost hundreds of billions of dollars in value in May, Bergquist expects long-term growth for Bitcoin and Ethereum. Crypto expert Ric Edelman warns that financial advisors risk losing credibility if they can’t discuss digital currency with their clients. Advisors who want to help clients who are interested in cryptocurrencies should keep it simple, Bergquist says. CONTINUE READING BELOW ▼ The case for cryptocurrency and… Source link

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June 7 (Reuters) – As the crypto winter creeps into June, the first signs of a thaw are emerging. Some investors are now betting that bitcoin is bottoming out, judging by the money heading into listed cryptocurrency funds, which represent just a slice of the market yet are popular among institutional and retail players alike. Overall flows into such funds turned positive last month, with a weekly average inflow of $66.5 million, a reversal from a dismal April when they saw a weekly average… Source link

PayPal announced on Tuesday that crypto users can now move funds off its platform, a long-awaited feature that will make the company’s offering more like other popular cryptocurrency services. “Starting today, PayPal supports the native transfer of cryptocurrencies between PayPal and other wallets and exchanges,” the financial giant said in a statement. The ability to conduct external transfers on PayPal’s crypto platform, an image of which can be seen below, will start rolling out to users… Source link

Key Takeaways Ethereum has developed a descending triangle on its four-hour chart. If the $1,720 support level continues to hold, Ethereum could appreciate by as much as 25%. Conversely, if Ethereum breaks its support, a downswing to $1,300 looks likely. Share this article Ethereum remains stagnant in a no-trade zone that is getting narrower over time. Patience is advised until ETH can break out of this tight price pocket. Ethereum at a Crossroads Traders appear to be growing… Source link

advertisement Katie Haun’s Haun Ventures has led a $32 million fundraising round for Euler, a non-custodial protocol that allows users to lend and borrow digital assets.  Euler, which is built on top of the Ethereum blockchain, says it’s able to mitigate the risk of lending and borrowing assets through a framework that assigns each investment a tier depending on its risk.  “Euler takes a unique approach to address the risks associated with lending and borrowing crypto assets that… Source link