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Litecoin Rejected At $55, Bears Might Drag LTC Below Immediate Support Line

Litecoin attempted to rise on its chart, however, the bears were still strong on the chart. Although the coin showed some recovery, technical outlook pointed towards further decline. Bitcoin too has lost steam as the coin plunged below the $20,000 mark. Broader market weakness can be attributed to Litecoinโ€™s downward price movement. Closest support line for LTC stood at $45 and the price of the coin was trading very close to the aforementioned support level. The latest drop in price over the past 4 days have invalidated LTCโ€™s weekly gains.…

"Bitcoin estรก es una NUEVA ETAPA que nadie conoce!" | Raoul Pal en espaรฑol

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io โ–บ Recibe una acciรณn GRATIS! (hasta 100โ‚ฌ): โ–บ รšnete a la Comunidad: Raoul Pal, en esta exposiciรณn, comenta la posibilidad de estar presenciando un cambio en el paradigma de las criptomonedas. Todo parece indicar, pese a las vicisitudes que estรก atravesando el mercado actualmente, que la aceptaciรณn de la red sigue creciendo, lo que desemboca en una menor volatilidad de las monedas. — “Nunca mรกs serรกs pobre” Robert Kiyosaki – 7 cosas que no te cuentan sobre los RICOS – Mejores frases…

EU Regulator Warns About Crypto โ€” Questions Whether Many Will Survive โ€“ Bitcoin News

European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a โ€œcautionary lessonโ€ for investors. She noted that there is a โ€œreal questionโ€ about whether many crypto assets will survive. ESMA Chair on Crypto Risks and Regulation Verena Ross, chair of the European Securities and Markets Authority (ESMA), has cautioned investors about cryptocurrency investing after the crypto market lost 70% of its value, the Financial Times reported Sunday. Emphasizing that there was no prospect of a European bailout for out-of-pocket crypto investors, she…

Web 3.0 Architecture | Youtube on Blockchain | DApp Architecture | Blockchain Primer

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Celsius reportedly filing for bankruptcy ‘imminently’

Crypto lending platform Celsius has reportedly filed for Chapter 11 bankruptcy, with its lawyers starting to notify individual U.S. state regulators as of Wednesday, July 13. The news was reported by CNBC and referred to an unnamed source, who asked not to be named as the proceedings were private. They said that the company planned to file the Chapter 11 paperwork โ€œimminently.โ€ It comes just days after the embattled lending platform replaced its previously hired law firm Akin Gump Strauss Hauer & Feld LLP with Kirkland & Ellis LLP, the…

Red Hot Inflation Tumbles Ethereum By 5%

The US consumer price index, a comprehensive indicator of prices for goods and services used in daily life, increased to 9.1% over the previous year. The traditional and cryptocurrency markets have collapsed as a result of this announcement. Prices for the two largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), fell by almost 5%. It didnโ€™t plummet as much, though, as was expected. Ethereum Fall To Inflation At the time of the CPI report, the price of the second-largest cryptocurrency fell as low as $1,019 per unit. Before the announcement, the…