Day: December 23, 2022

Litecoin (LTC) Continues to Gain Bullish Moment as Year End Approaches, Orbeon Protocol (ORBN) Predicted to 60x by 2023

Place/Date: – December 23rd, 2022 at 5:01 am UTC · 3 min read Source: Orbeon Protocol Investors have been comparing Orbeon Protocol’s (ORBN) meteoric pre-sale surge to that of more established cryptocurrencies like Litecoin (LTC), which is also doing quite well at the moment. Orbeon Protocol is currently in phase 3 of its presale and already doing extremely well with massive price gains. Analysts predicted it to grow by 6,000% by 2023. In this post, we investigate the reasons behind Orbeon Protocol’s (ORBN) pre-sale performance, which has resulted in massive…

Ethereum Price Key Trend is Forming and Swift Recovery Could Occur

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Ethereum is attempting an upside break above the $1,230 resistance against the US Dollar. ETH could start a strong increase if it settles above the $1,230 and $1,250 resistance levels. Ethereum tested the $1,180 level and climbed higher sharply. The price is now trading above $1,200 and the 100 hourly simple moving average. There was a break above a key contracting triangle with resistance near $1,215 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if there is a clear move above $1,230…

Crypto Twitter confused by SBF’s $250M bail and a return to luxury

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Crypto Twitter has seemingly taken issue with Sam Bankman-Fried’s $250 million bail bond, allowing him to spend Christmas in his parent’s Palo Alto home without paying a single dime upfront.  The former FTX CEO arrived in New York from the Bahamas on Dec. 21 and appeared in court on Dec. 22 where he was released on bail via a “personal recognizance bond” — essentially a written promise from the defendant that they will show up for future court appearances and not engage in any illegal activity while out on bail.…

Binance addresses 7 instances of recent FUD via Chinese blog post

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The world’s largest crypto exchange, Binance, has been dealing with a torrent of FUD (fear, uncertainty, and doubt) since the downfall of FTX. The firm is now fighting back with its latest blog post. On Dec. 22, Binance published a blog post in Chinese to address seven key issues the company wanted to clear up. At the time of writing, there was no English language version available. The first of which was the temporary suspension of USDC withdrawals earlier this month. It explained that this was done during a “token swap”…

Binance addresses 7 instances of recent FUD in Chinese blog post

The world’s largest crypto exchange, Binance, has been dealing with a torrent of FUD (fear, uncertainty, and doubt) since the downfall of FTX. The firm is now fighting back with its latest blog post. On Dec. 22, Binance published a blog post in Chinese to address seven key issues the company wanted to clear up. At the time of writing, there was no English language version available. The first of which was the temporary suspension of USDC withdrawals earlier this month. It explained that this was done during a “token…

Cryptocurrencies Will Cause Next Financial Crisis if They’re Not Banned – Economics Bitcoin News

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The governor of India’s central bank, the Reserve Bank of India (RBI), has warned that the next financial crisis will come from cryptocurrencies, like bitcoin and ether. The central bank chief added that cryptocurrencies pose “huge inherent risks” to India’s macroeconomic and financial stability. Indian Central Bank Warns About Crypto Causing the Next Financial Crisis Reserve Bank of India (RBI) Governor Shaktikanta Das warned about the danger of cryptocurrency Wednesday. The central banker cautioned: Cryptocurrencies have … huge inherent risks for our macroeconomic and financial stability. The RBI is primarily…

Bitcoin Price Shows Signs of Life and Could Soon Clear This Hurdle

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Bitcoin price is attempting an upside break above $16,800. BTC could start a decent increase if it clears the $16,800 and $17,000 resistance levels. Bitcoin is still facing a strong resistance near $17,000 and $17,200. The price is trading above $16,700 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $16,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could attempt a fresh increase if there is a clear move above the $17,000 resistance zone.…