Day: June 23, 2024

Lido DAO price gains amid market-wide dips

Lido DAO (LDO) recorded a notable price surge this week, outperforming both Bitcoin (BTC) and Ethereum (ETH). However, technical analysis of the token shows rising bear pressure. LDO’s price has increased by 11.6% over the past 14 days. If the Lido DAO price chart on Trading View is anything to go by, the token has a market sentiment rating of 37% and a Fear & Greed Index registering 55 (Greed).  The Relative Strength Index (RSI) stands at 33.47, suggesting a potential downturn below the $1.80 mark into oversold territory. The…

Binance Helps Btcturk With Hack Investigations — Freezes Over $5.3M in Stolen Funds

Turkish crypto exchange Btcturk has suffered a cyber attack which caused unauthorized withdrawals from the platform. Crypto exchange Binance is assisting Btcturk with investigating the breach and has already frozen over $5.3M in stolen funds, Binance’s CEO has disclosed. Btcturk has reopened deposits and withdrawals for all ERC20 cryptocurrencies on the ERC20 network. Binance Assisting […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Top cryptocurrencies to watch this week: AVAX, JASMY, BONK

Bearish forces continued to exert significant selling pressure last week, driving Bitcoin (BTC) below the critical $65,000 threshold for the first time in over a month. This downturn echoed throughout the market, resulting in prolonged losses. Consequently, the entire market experienced substantial selloffs, leading to a $70 billion reduction in the global crypto market cap, which fell below the $2.4 trillion mark, ending the week at $2.35 trillion. Here are our picks for top cryptocurrencies to watch this week, based on their on-chain performances and social trends: AVAX, JASMY and…

Crypto Portfolio Tracker Coinstats Confirms Security Breach; Temporarily Shuts Down App

According to the crypto portfolio tracking app, Coinstats, suspected North Korea-linked hackers are believed to be behind the security breach on June 22, which impacted 1,590 user wallets, The Coinstats team has advised users with affected wallet addresses to immediately transfer their funds using their exported private keys. Coinstats App Shut Down Coinstats, the crypto […] Source CryptoX Portal

Forget The Dip! XRP Primed For Epic Rally To $36, Expert Claims

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The price of XRP, the native token of RippleNet, has been caught in the crosshairs of a bearish crypto market. Currently trading below the crucial $0.50 mark, XRP seems to be following the broader market trend. However, a recent analysis by market analyst Tylie Eric throws a glimmer of hope for XRP holders, predicting a potential price surge based on a technical indicator. Related Reading Understanding Elliott Wave Theory Eric argues that XRP’s price movements might be following a historical pattern known as the Elliott Wave theory. This theory proposes…

Donald Trump’s VP Contenders: A Look at Polymarket Odds and Favorites

With the 2024 election set for November, there’s growing curiosity about whom former President Donald Trump will select as his vice-presidential candidate. Currently, the decentralized prediction market Polymarket is featuring bets on a wide array of potential candidates, with this weekend showing a mystery candidate and Republican Senator J.D. Vance of Ohio as the frontrunners. […] Source CryptoX Portal