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Litecoin sees signs of a slowdown after being in the list of top performers last week A look at what investors should expect moving forward Last week we saw Litecoin achieve an upside as most of the top coins failed remained struggled to bounce back. As a result, Litecoin was receiving a lot of attention, aided by a favorable mention by Michael Saylor during an interview. But can it sustain its upside now that the market is showing some signs of a slight recovery? Read Source link

Litecoin sees signs of a slowdown after being in the list of top performers last week A look at what investors should expect moving forward Last week we saw Litecoin achieve an upside as most of the top coins failed remained struggled to bounce back. As a result, Litecoin was receiving a lot of attention, aided by a favorable mention by Michael Saylor during an interview. But can it sustain its upside now that the market is showing some signs of a slight recovery? Read Source link

On Nov. 20, the FTX Exploiter account began to start shifting the stolen funds once again — totaling 50,000 Ethereum (ETH) valued at an estimated $60 million. The FTX hacker is doing things… They sent 25k ETH to another wallet and have been actively selling into RenBTC over the last few hours. They sold another 3k ETH a few minutes ago. And have sold 18K ETH ($21.7M) of the 25k so far. Can’t we just chill on a Sunday? pic.twitter.com/WLwlU943R9 — Aylo (@alpha_pls) November 20, 2022 Spread… Source link

On Nov. 20, the FTX Exploiter account began to start shifting the stolen funds once again — totaling 50,000 Ethereum (ETH) valued at an estimated $60 million. The FTX hacker is doing things… They sent 25k ETH to another wallet and have been actively selling into RenBTC over the last few hours. They sold another 3k ETH a few minutes ago. And have sold 18K ETH ($21.7M) of the 25k so far. Can’t we just chill on a Sunday? pic.twitter.com/WLwlU943R9 — Aylo (@alpha_pls) November 20, 2022 Spread… Source link

While there’s been a lot of discussions concerning proof-of-reserves, self-custody, and the more than $5 billion in bitcoin and ethereum that left exchanges between Nov. 7 through Nov. 14, 2022, Binance’s bitcoin stash has grown significantly since Nov. 12. In fact, metrics from cryptoquant.com indicate that Binance’s bitcoin reserves reached an all-time high on Nov. 19, 2022, as the trading platform holds roughly 582,054 bitcoin worth $9.62 billion using bitcoin’s exchange… Source link

The widening fallout from FTX has impacted the cryptocurrency market. Apex crypto Bitcoin (CRYPTO: BTC) was trading below the $17,000 mark on Sunday. At the time of writing, BTC was trading at $16,567. Pseudonymous crypto analyst Capo predicted this year’s Bitcoin collapse and said it is likely heading to new bear market lows. Capo believes that the current rally in the crypto market is meant to trap bulls, and a Bitcoin drop to lower levels will happen in the near term. In a Twitter… Source link

On Sunday, November 20, the total cryptocurrency market cap is $821 billion, 1.93% lower than yesterday. The market cap of DeFi coins has decreased by 1.83%.  Bitcoin, the leading cryptocurrency, has remained mostly unchanged, up 6% from a recent low of $15,828. Since Bitcoin has been trapped below $17,000 for days, there has been no significant movement in the asset. With trading volumes being so low, this was to be expected to… Source link

Ethereum’s price is trading below $1,200 on Sunday, charting a decrease of around 3.5% in the past 24 hours. This happens as the FTX account drainer is swapping ETH for wrapped Bitcoin. Data from the popular security resource, PeckShield, revealed that the address that drained funds from FTX is swapping ether for BTC. The “FTX Account Drainer” dumped around $6 million worth of ETH (around 5K ETH) and bought 357 renBTC. Source: Twitter   This is causing pressure on… Source link

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link