Day: February 11, 2025

Litecoin Approaches Daily Range Peak – Can LTC Break Multi-Year Highs?

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Este artículo también está disponible en español. Litecoin has experienced a strong bullish surge in recent days, climbing over 30% since last Friday. This impressive rally has positioned Litecoin as one of the top-performing altcoins during a period of market uncertainty. Analysts and investors are now speculating about the potential for a massive breakout in the coming weeks as Litecoin continues to show relative strength compared to other cryptocurrencies. Related Reading Top analyst BigCheds shared a detailed technical analysis, revealing that Litecoin is approaching daily range peaks and gearing up…

Lido V3 Enhances Ethereum Staking With Customizable Vaults 

Lido, a decentralized protocol enabling liquid staking on Ethereum, has released Version 3 (V3) of its infrastructure, centered on stVaults. These modular vaults allow users to customize staking parameters, including validator selection, fee structures, and risk profiles while retaining access to STETH, Lido’s liquid staking token. Ethereum’s Lido Rolls Out Modular Staking in Major Protocol […] Source CryptoX Portal

Litecoin Makes Surprise 14% Rally—Analyst Eyes A Move To $128

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Rising by 14% in the face of a broad general market volatility, Litecoin (LTC) is once more displaying its strength in the crypto scene. LTC dropped briefly to $102, then swiftly recovered and today rests securely above the $120 support zone. As positive momentum builds, experts are wondering whether Litecoin can reach the next crucial level: $128. At its current price of $127, it’s just a matter of time (hours?) before LTC can easily hit $128. Strong Recovery After Market Dip Traders have been drawn to Litecoin lately, particularly given…

Uniswap Launches Unichain Mainnet to Boost Defi Efficiency 

Uniswap Labs has launched Unichain Mainnet, a decentralized blockchain designed to reduce transaction costs and accelerate decentralized finance (defi) operations. Decentralized Rollup Unichain Goes Live, Targets Defi Scalability The Ethereum layer two (L2) network, tested through 95 million transactions and 14.7 million smart contracts in four months, aims to enhance defi accessibility with 1-second block […] Source CryptoX Portal

XRP Price About To Make A New All-Time High Run To $5? Here’s What The Chart Says

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Este artículo también está disponible en español. The past 24 hours have seen bullish momentum return to XRP, with the cryptocurrency now reclaiming the $2.5 price level. This bullish momentum comes after a seven-day stretch of range consolidation between resistance at $2.5 and support at $2.3. Despite this consolidation of the price, technical analysis shows that XRP is still trading in a bullish setup, especially on the daily candlestick timeframe. Notably, this bullish setup shows that the XRP price is about to make a new all-time high run to $5.…

Japanese Game Firm to Allocate $6.58 Million for Bitcoin Acquisition

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Japanese mobile game developer Gumi Inc. announced plans to purchase 1 billion yen ($6.58 million) in bitcoin, aiming to bolster its blockchain initiatives and capitalize on cryptocurrency market opportunities. Gumi Unveils Bitcoin Purchase Plan and Babylon Staking as Part of Web3 Expansion Strategy Gumi, a Tokyo-listed mobile game studio, disclosed the decision following a board […] Original

Ethereum’s ETH Poised for a Price Rebound to $3K From Oversold Levels: Analysts

Ether (ETH), the second largest cryptocurrency by market capitalization, recently sunk to its weakest price compared to bitcoin (BTC) since late 2020 in a trade war-fueled panic crash, but a relief bounce might be on the horizon. “ETH looks to be trying to establish some bullish momentum and could be looking to finally make a recovery back above $3,000,” LMAX strategist Joel Kruger said in a Tuesday morning report. “Sentiment towards the world’s second largest crypto asset has been back on the rise with many medium and longer-term players stepping…

Bitcoin On The Brink Of A Massive Short Squeeze, Expert Warns

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Este artículo también está disponible en español. The Bitcoin dominance (BTC.D) surged above 64% this week, its highest level since March 2021, sparking debate over an impending short squeeze that could send its price skyward. The stark warning comes from Joe Consorti, Head of Growth at Theya, who took to X on Monday to outline what he views as a decisive turning point for Bitcoin versus the rest of the digital asset market. A Historic Break In Bitcoin’s Correlation Patterns In his post, Consorti contends that Bitcoin’s recent price action…

KURL spends $10m buying more Bitcoin, holdings reach $60m

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KURL Technology Group increased its Bitcoin treasury by $10 million, reinforcing its strategy to accumulate the world’s top cryptocurrency as a reserve asset. KURL bought 100 Bitcoin (BTC) for $10 million, scooping tokens for an average price of $103,905 per coin as announced by the company’s CEO and co-founder, Michael Mo. Mo stated that KURL’s latest Bitcoin acquisition has expanded its total holdings to approximately 610 BTC, valued at $60 million, while Bitcoin traded below $99,000. The energy company began accumulating Bitcoin in December, starting with a $21 million purchase.…