Category: Cryptocurrency News

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Kim Seo-joon’s company Hashed had $3.6 billion wiped since Luna Classic’s April high — with the mental effects of the Terra collapse hospitalizing Seo-joon since July.

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The Australian securities regulator is pursuing BPS Financial Pty Ltd for allegedly making false and misleading representations, and engaging in unlicensed conduct.

Litecoin, for most part of the current year, has been silent and is only mentioned when its price goes down relative to the overall sentiment of the whole crypto market. Litecoin manages to increase its value by 1.3% over the last week LTC is seen trading at $54.89 over the next five days A sharp fall from its current trading price is likely to happen over the next few weeks Since attaining its $410.26 all-time high (ATH) on May 10 last year, the crypto has been on a steady decline, losing a big chunk of its milestone value. As of Monday (Oct. 25), according to data from Coingecko, the 22nd largest cryptocurrency in terms of market capitalization is trading at $52.80, up 1.7 percent in the last seven days. LTC only managed to pump its price by 1.4% over the last month and has not shown any indication of trimming its losses since it hit its ATH. But over the last week, Litecoin’s ecosystem witnessed significant activities that might convince prospective buyers to put their money on the digital asset. Litecoin Whale Transactions And Address Activity Up LTC managed to increase its value by 3% over the last 24 hours and by 1.3% for the past week. Such a development is a surprise considering many digital currencies, Bitcoin and Ethereum included, continue to struggle with the extended bearish market landscape. But Litecoin managed to stay green across its price charts except for its year-to-date tally probably because of the tremendous network activity its blockchain is currently witnessing. Related Reading: Dogechain (DC) Notches 200% Hike In Trading Value In The Past Week Source: TradingView According to data shared by Santiment, on October 20, as LTC price started to rise against crypto alpha Bitcoin, whale transactions on Litecoin network reached over $1 million. Daily active address count also surged for the asset and blockchain project over the last week, indicating there is significant interest boost among holders and investors. ⚡️ #Litecoin has been quietly under the radar in 2022, but address activity & whale transactions have exploded this week. Particularly with $1m+ valued transactions on the network, the timing of these spikes happened just as $LTC began rising vs. $BTC. https://t.co/jtQYW7mHuP pic.twitter.com/brIzjj6lFF — Santiment (@santimentfeed) October 20, 2022 Will This Help Litecoin Become Bullish Again? Such a tremendous increase in network activity usually bodes well for an asset. This, however, is not the case for Litecoin as its metrics point towards a sharp price dump. On October 5, LTC’s Relative Strength Index (RSI) was at 62. But for the past few weeks, this indicator declined to a value of 41. Money Flow Index (MFI) for the asset is also on a downtrend, settling for a score of 41 which is below the 50-neutral region. Litecoin is also being overwhelmed by extreme selling pressure as reflected on its negatively valued Chaikin Money Flow (CMF). With this, while the crypto might rally up to $54.89 for the next five days, there’s no time celebrate as the asset is forecasted to plummet all the way to $35.40 over the next 30 days. Related Reading: Enjin (ENJ) Among Top 10 Crypto Choice Of ETH Whales In Last 24 Hours LTC total market cap at $3.75 billion on the daily chart | Featured image from Pixabay, Chart: TradingView.com Disclaimer: The analysis represents the author’s personal views and should not be construed as investment advice.

!help is there anyway to upload above 20k NFT on the polygon block chain or upload NFT into parts. note:polygon blockchain submitted by /u/Ansheoa [link] [comments]

Critics have called out the SEC’s “regulation by enforcement” tactics, but to some investors, it’s a positive sign they’re seeing to invest in digital assets.

Reddit’s non-fungible token (NFT) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across more than 20,000 sales. The demand for Reddit’s collectible NFT avatars minted on Polygon has also spurred over three million Redditors to leverage Reddit’s Vault blockchain […]

Hello, This post will show you how to create your own cryptocurrency token with minimum spending (Less than 5$). 1- You need to have metamask connected on your browser (Download from their official website). and Add BNB network (You can find how to add it from here) https://academy.binance.com/en/articles/connecting-metamask-to-binance-smart-chain 2- Send some BNB from your exchange…
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Ethereum is consolidating gains above the $1,300 zone against the US Dollar. ETH could gain pace if there is a clear move above the $1,370 zone. Ethereum is showing positive signs above the $1,320 and $1,330 levels. The price is now trading above $1,320 and the 100 hourly simple moving average. There is a key contracting triangle forming with resistance near $1,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rally if there is a clear move above $1,350 and $1,370. Ethereum Price Remains Supported Ethereum gained pace after it broke the $1,300 and $1,320 resistance levels. ETH even cleared the $1,350 level and settled above the 100 hourly simple moving average. However, the price failed to clear the $1,370 level. A high was formed near $1,370 before there was a downside correction. There was a move below the $1,350 level. Ether price declined below the 23.6% Fib retracement level of the upward wave from the $1,250 swing zone to $1,370 high. It is now trading above $1,320 and the 100 hourly simple moving average. There is also a key contracting triangle forming with resistance near $1,350 on the hourly chart of ETH/USD. Source: ETHUSD on TradingView.com An immediate resistance on the upside is near the $1,350 level and the triangle trend line. The first major resistance is near the $1,365 and $1,370 levels. The main barrier is still near the $1,400 zone. A clear upside break above the $1,400 resistance zone could open the doors for a strong increase. In the stated case, the price might climb towards the $1,500 level. Dips Supported in ETH? If ethereum fails to climb above the $1,350 resistance, it could continue to move down. An initial support on the downside is near the $1,320 level. The next major support is near the $1,310 level and the $1,300 zone. It is near the 50% Fib retracement level of the upward wave from the $1,250 swing zone to $1,370 high. A downside break below the $1,300 zone might start a fresh decline to $1,270 in the near term. Technical Indicators Hourly MACD – The MACD for ETH/USD is now losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $1,320 Major Resistance Level – $1,370