Day: December 26, 2022

LTC Climbs to 10-Day High on Monday – Market Updates Bitcoin News

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Litecoin raced to a ten-day high to start the week, as markets returned from the Christmas holiday weekend. The token extended recent gains to start the week, and neared a key resistance point in the process. Xrp was also higher, as it also collided with a price ceiling. Litecoin (LTC) Litecoin (LTC) was one of the notable gainers on Monday, as the token raced to a ten-day high. LTC/USD rose to a high of $70.83 to start the week, which comes less than a day after hitting a low of…

Litecoin (LTC) Tops List Of Christmas Gainers, Is $100 Still Possible?

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Litecoin (LTC) emerged as the top gainer over Christmas Day with an impressive performance. This put it ahead of market leaders such as bitcoin and ethereum in terms of performance, solidifying its position as the market leader through the first half of the holidays. Litecoin Tops List Of Gainers Over the last 24 hours, Litecoin has been on an upward rally that put its price firmly above $65, turning resistance into support for it. The digital asset saw upwards of a 6% increase in price over the last day. The…

7 biggest crypto collapses of 2022 the industry would like to forget

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2022 has been a bumpy year for the cryptocurrency market, with one of the worst bear markets on record and the downfall of some major platforms within the space. The global economy is beginning to feel the consequences of the pandemic, and clearly, this has had an influence on the crypto industry. Below is a breakdown of some of the biggest disappointments in the crypto space this year. Axie Infinity’s Ronin Bridge hacked In March of this year, Ronin, the blockchain network that runs the popular nonfungible token (NFT) crypto…

Andre Cronje says Fantom will focus on DApp ecosystem expansion in 2023

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In a new Medium post published on Dec. 26, decentralized finance architect Andre Cronje reaffirmed the goals and priorities for the Fantom ecosystem in 2023. Cronje, who previously created protocols such as Yearn.finance and Keep3rV1, also revealed that he accepted a position as a board member for both Fantom Foundation Ltd and Fantom Operations Ltd, which oversee the namesake directed acrylic graph ecosystem. “Our overarching objective over the next 12 months will be towards creating an environment for dapp developers to build out sustainable businesses, while differentiating ourselves from other…

Bitcoin price volatility due within days, new take says as BTC flatlines at $16.8K

Bitcoin (BTC) hodlers are enjoying another day of zero volatility on Dec. 26 as hopeful forecasts se signs of a trend change. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Opinions diverge further over BTC price bottom Data from Cointelegraph Markets Pro and TradingView confirmed more sideways action near $16,800 for BTC/USD on Boxing Day. The pair took the holiday period in stride, with reduced volumes having no impact on an already deflated market experiencing its lowest volatility on record. With few trading opportunities in the last week of “Do Nothing…

Kaleido Blockchain Platform Walkthrough

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Watch a high level walkthrough of the Kaleido platform, and see how easy it is to create your first enterprise-grade, permissioned blockchain network. You’ll also learn how to deploy a smart contract and interact with it- all without any custom programming or blockchain expertise! To learn more about Kaleido and try it yourself, visit: Follow us on social media! Twitter: LinkedIn: Facebook: #EnterpriseBlockchain #Blockchain #Kaleido ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Monthly NFT Sales Are 80% Lower Than Last Year, Digital Collectibles Interest Plummeted in 2022 – Bitcoin News

Like most crypto projects this year, non-fungible tokens (NFTs) felt the pain of 2022’s crypto winter as sales are down a great deal and blue-chip NFTs have been slashed in value. For instance, last month, there was roughly $534 million in NFT sales compared to the $2.77 billion in NFT sales sold in Dec. 2021. The NFT Industry Takes a Hit in 2022 — Sales and Google Searches Down Significantly 2022 hasn’t been kind to non-fungible token (NFT) holders, and statistics show that interest in the subject has dropped a…

Defrost Finance Says Hacked Funds Have Been Returned

Blockchain security firm Peckshield, citing “community intel,” said at the time that the exploit may have been a rug pull that made off with $12 million. Earlier today Certik, also a security company, said it had been unable to contact members of the team and posted a graphic indicating it was treating Defrost as an exit scam. Defrost’s Twitter account is not configured to accept private messages. Source

Bitcoin Bullish? Smaller Investors Show Rapid Accumulation

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On-chain data shows small Bitcoin holders have accumulated recently while whale holdings have decreased, a sign that may be bullish in the long term. Bitcoin Investors With 0-1,000 Coins Have Increased Their Holdings Recently As a Twitter user has pointed out using data from Santiment, holders with wallet amounts in the 0-1,000 coins range have aggressively accumulated at recent lows. The relevant indicator here is the “Bitcoin Supply Distribution,” which tells us which wallet groups are holding what percentage of the total supply right now. Wallets (or more simply, holders)…