Litecoin (LTC) is trading in the bullish trend zone as the price breaks above the moving average lines. Long-term forecast for Litecoin price: bullish The current upward momentum is encountering resistance at $72 or the 21-day line SMA. Litecoin has been trading above the $60 level since December 19. Buyers […]
The word volatility is typically received as a negative by financial circles just the same way the name Lionel Messi is received in Brazilian favelas, yet volatility historically presents some of the greatest opportunities for gains, especially in the crypto markets. The crypto market experiences much greater price oscillations on […]
After recovering the funds lost in a recent flash loan exploit, decentralized leverage-trading platform Defrost Finance is planning to return the funds to their rightful owners, according to a new announcement. In a Medium post, Defrost highlighted that it will soon be refunding the assets to their original holders and will […]
$4.2 trillion asset management firm Fidelity Investments has filed trademark applications in the United States for a host of Web3 products and services, including a non-fungible token (NFT) marketplace and financial investment and crypto trading services in the metaverse. This is according to three trademark filings submitted to the United […]
A strategist at global investment bank JPMorgan says crypto is effectively nonexistent as an asset class for most large institutional investors. “The volatility is too high, the lack of an intrinsic return that you can point to makes it very challenging,” he added. JPMorgan on Institutional Crypto Investing JPMorgan Asset […]
Octopus Network, a decentralized app chain network natively built on NEAR Protocol, has announced that it will be “refactoring” to adapt to current market conditions. As part of its refactoring process, Octopus network will let go of roughly 40% of its team, which accounts for 12 out of 30 members. […]
According to a new Medium post published on Dec. 26, decentralized finance (DeFi) architect Andre Cronje reaffirmed goals and priorities for the Fantom (FTM) ecosystem in 2023. Cronje, who previously created protocols such as Yearn Finance and Keep3rV1, also revealed that he accepted a position as a board of directors […]
John Ray III is an attorney that’s been in the news a lot, lately. He’s the man who cleaned up the Enron mess close to 20 years ago, and now he’s been called in to fix the problems surrounding failed digital currency exchange FTX. John Ray III Has Been Called […]
The price of Chainlink (LINK) is falling and has dropped below its moving average lines. The cryptocurrency asset has returned to its current support level of $5.77. Chainlink price long-term analysis: bearish Chainlink has been trading in a range between $5.50 and $8.00 since November 9. On November 16, bears […]
In a recent interview, Shahaf Bar-Geffen, the CEO of FinTech startup COTI Group, the issuer of algorithmic stablecoin Djed (which is built on Cardano), talked about the upcoming launch of the eagerly anticipated project. What Is Djed ($DJED)? On 26 September 2021, day two of the two-day Cardano Summit 2021, IO Global (IOG), the blockchain […]
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