Month: September 2022

LTC Hits Highest Point Since June, as APE Climbs to 3-Week High – Market Updates Bitcoin News

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Litecoin rose to a three-month high in today’s session, following a breakout of a key resistance level. The move took place prior to the release of U.S. inflation data, which fell to 8.3% in August. However, following the release, which was higher than expected, earlier gains eased. Apecoin also hit a multi-week high in today’s session. Litecoin (LTC) Litecoin (LTC) climbed to a three-month high on Tuesday, as the token moved beyond its $64.50 resistance level. Following a low of $60.39 to start the week, LTC/USD rallied to an intraday…

Bitcoin price falls under $21K as traders send 84K BTC to exchanges

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Bitcoin (BTC) fell further after the Sep. 13 Wall Street open as the dust settled on unexpectedly high United States inflation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price eyes 9% daily losses Data from Cointelegraph Markets Pro and TradingView showed BTC/USD giving up $21,000, down up to 8.45% on the day. Bearish tendencies set in after the U.S. Consumer Price Index (CPI) print for August arrived 0.2% higher than expected. This in turn boosted the likelihood of a 75 or 100-basis-point key rate hike next week by the…

AVOID THIS CRYPTO TRAP (Don't Be Fooled)!! Bitcoin News Today, Ethereum Price Prediction (BTC & ETH)

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Latinoamericanos acuden a stablecoins vinculadas al dólar estadounidense a medida que aumenta la inflación

El reporte publicado por la firma de infraestructura de blockchain Paxos dijo que las criptomonedas, en particular las stablecoins vinculadas al dólar, son atractivas para los latinoamericanos, quienes confían más en la moneda estadounidense que en sus propias monedas nacionales con hiperinflación. El informe no mencionó qué stablecoins están utilizando los usuarios. Source

Dips be damned, El Salvador is stronger because of Bitcoin

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Bitcoin is helping El Salvador to regain its monetary sovereignty, providing its citizens with financial opportunities, and solving problems the country has historically faced. After Salvadoran President Nayib Bukele announced his plan in July to offer to repurchase publicly held bonds maturing between 2023 and 2025, El Salvador’s sovereign debt totaled more than $20 billion. Admittedly a massive amount relative to the Salvadoran economy, it was unrelated to the decision to accept Bitcoin as legal tender. Rather, myriad factors play into El Salvador’s debt. In 1982, 39 years before the…

Crypto Lender Maker Turns to Staked Ether to Reduce USDC Influence

Some $49 million worth of stETH has flowed into the vault since the ceiling was raised, data from tracking service Daistats shows. Staked ether is a token supplied to users who lock up ether on Lido, a staking service, and receive the stETH tokens in return. More than 245,377 stETH is locked on Maker, the data shows. Maker has a total value locked of $8.4 billion. Source

⚠ BTC CRASH ⚠ More to come? Bitcoin price analysis – Crypto News Today

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Hit Like, Share, and Subscribe for more daily cryptocurrency news, the best cryptocurrency news media online! 🚨WARNING🚨 There are Scammers impersonating influencers! 🚨We Will Never Contact You First 🚨We Wont Ask You To Deposit Funds Onto A Website 🚨We Will Not Offer To Trade For You 🚨We Will Not Send You Crypto 🚨We Will Never Ask You To Send Us Crypto 🚨We Will Never Ask You To Update You Wallet 🚨We Will Never Ask You To Filling Your Wallet Keys On A…

BitGo sues Galaxy Digital for acquisition breach, seeks $100M in damages

Digital asset custodian BitGo has filed a lawsuit against Mike Novogratz’s cryptocurrency investment firm Galaxy Digital for terminating the former’s acquisition. BitGo took to Twitter on Tuesday to disclose details of its lawsuit against Galaxy after the latter terminated the $1.2 billion acquisition deal with BitGo in mid-August. Filed on Monday, the lawsuit seeks more than $100 million in damages, accusing Galaxy of “improper repudiation” and “intentional breach” of its acquisition agreement with BitGo, the firm said. BitGo said they filed the lawsuit with Delaware Chancery Court, stressing that the…