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Litecoin (LTC) Price Analysis: Can Bulls Hold This Key Support?

Litecoin is holding gains above the $82.00 support against the US Dollar. LTC price is now trading above $82.00 and the 55 simple moving average (4 hours). There is a key rising channel forming with resistance near $88.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $88.50 and $92.50 resistance levels. Litecoin price is holding gains above $82 against the US Dollar, like Bitcoin. LTC price...

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Bitcoin Maximalism Will Rise Over Time, Predicts Balaji

Balaji Srinivasan – the popular venture investor and Coinbase’s former Chief Technology Officer (CTO) – believes Bitcoin Maximalism is due to gain steam as a philosophical and economic belief system. In a Twitter post on Wednesday, the entrepreneur argued why faith in the existing financial system is bound to erode over time as the U.S. dollar inflation pushes a new generation into Bitcoin. Unstoppable Inflation According to the U.S. Bureau of Labor Statistics, twelve-month...

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FTX to Auction Off Remaining Solana (SOL) Tokens: Report

Bankrupt cryptocurrency exchange FTX is looking to offload its remaining Solana native tokens, SOL, via an auction this week. According to a Bloomberg report, people familiar with the matter said the bankruptcy estate would auction an unspecified amount of SOL in the hopes of receiving a higher price than that which they would have gotten through direct sales. FTX to Sell SOL Via Auction The blond auction represents a shift from the fixed-price sales the bankruptcy estate has...

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Here’s The Exact Top Of The Next Bitcoin Cycle, Power Law Says

The creator of the popular ‘Bitcoin Power Law’ has unveiled a chart detailing his price model’s exact BTC price targets for the next several market cycles. The model predicts that Bitcoin will reach $218,875 at its cycle peak in November 2025, before descending to $96,677 at its bottom in December 2026. What Is The Bitcoin Power Law? The Bitcoin Power Law is a long-term price model that forecasts Bitcoin’s future market value as if it were bound by the laws of physics. The...

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Hipposol, A Solana-based Memecoin Announces $Hippos Token Presale Round

[PRESS RELEASE – London, United Kingdom, April 24th, 2024] Today marks a monumental day as Hipposol, A solana memecoin proudly announces the launch of $hippos pre sale round for early participants. Drawing vibrant inspiration from the mighty and playful hippopotamus, the $Hippos token presale event begins today April 24th 2024, with a sale duration of 26 days. Hipposol Ready To Pioneer A New Era in Memecoin $Hippos isn’t merely another entry in the memecoin ledger; it heralds...

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Tether Will Freeze Venezuelan Wallets Being Used to Evade US Sanctions

Tether has announced that all wallets associated with Venezuela’s attempts to bypass U.S. sanctions on oil exports will be frozen. The decision follows recent reports indicating an increased use of Tether’s USDT by Venezuela’s state-run oil company, PDVSA, to avoid sanctions imposed by the United States. Venezuela’s PDVSA Turns to Tether Amid Sanctions According to a Reuters report, Venezuela’s state-run oil company, PDVSA, transitioned to using Tether’s USDT after facing...

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