Since May 10, the Bitcoin (BTC) chart shows a relatively tight range of price movement and the cryptocurrency has failed to break the $32,000 resistance on multiple occasions. BTC-USD 12-hour price at Coinbase. Source: TradingView The choppy trading partially reflects the uncertainty of the stock market as the S&P 500 Index ranged from 3,900 to 4,180 in the same period. On one side, there has been economic growth in the Eurozone where the gross domestic product grew 5.1% year over year. On the… Source link

The discontinuation of Upbit’s support for Litecoin (LTC), brought about mixed reactions for the Twitter space earlier today. The South Korean cryptocurrency exchange platform published their delisting of LTC earlier on their website.  Upbit claim action is for investor’s protection In the report on twitter, by crypto journalist; Colin Wu, the reason for the decision by the exchange platform was because the MWEB (MimbleWimble Extension Blocks) upgrade of Litecoin added an… Source link

Send and receive select cryptocurrencies using PayPal. Source: PayPal PayPal announced Tuesday that users can now transfer, send and receive Bitcoin, Ethereum, Bitcoin Cash, and Litecoin on its platform. Users can transfer their digital assets between PayPal users, external wallets, and exchanges. According to the press release, only select U.S. PayPal users can take advantage of the new feature for now, but the company said it will be available globally in the coming… Source link

The European Central Bank (ECB), led by President Christine Lagarde, is scheduled to meet Thursday and is expected to convey its own plans for tightening monetary policy. Money markets are pricing in 1.25 percentage points of ECB interest-rate increases over the rest of 2022, according to the German lender Deutsche Bank. Source link

Ethereum’s native token, Ether (ETH), looks poised to undergo a sharp upside retracement in the coming weeks after painting a so-called “double Doji” pattern, accompanied by a few bullish technical indicators. Ether strong support confluence meets Dojis To recap, a Doji is a candlestick that forms when a financial instrument opens and closes around the same level on a specified timeframe, be it hourly, daily or weekly. From a technical perspective, a Doji represents indecision in the market,… Source link

Cryptocurrencies prices heatmap, source: Coin360 Litecoin price analysis indicates a bullish market trend whereby bulls have been trying to push the prices past the $62 level over the last 24 hours. However, the number of buyers seems to have reduced as the prices are trading below $65.33.The LTC market trend is bullish as the prices are testing the ascending channel’s upper limit. The bulls seem to be in control of the market as the prices are testing the $65.33 resistance level. Source link

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