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Ethereum (ETH)

Litecoin (LTC) Price Analysis: Rally Could Extend Toward $80

Litecoin is gaining pace above the $65.00 resistance against the US Dollar. LTC price is now trading above $66.00 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $69.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $70.80 and $71.40 resistance levels. Litecoin price is recovering from the $68.20 zone against the US Dollar, like Bitcoin....

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Uniswap Founder Cautions Against Fake ENS Domain Scams

Hayden Adams, the founder of Uniswap, took to social media to alert the crypto community about a new wave of scams targeting users through deceptive user interfaces (UIs) in crypto wallets. Adams’ warning sheds light on how scammers are leveraging fake clones of Ethereum Name Service (ENS) domains to deceive users and potentially siphon funds. How the Scam Works In a post on X, Adams expressed his concern, stating, “first time I’ve seen this scam, so posting it as a heads up...

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Pandora’s Trading Frenzy: $190 Million Volume Sweeps DEXs and NFT Platforms

Pandora, an unofficial ERC-404 standard, has become the latest sensation since its launch on February 2nd. In just a week, this new Ethereum token’s fully diluted valuation surged above $320 million while its total trading volume climbed 73,024 ETH, which is worth around $190 million. Currently, Pandora’s price stands at above $21,000, marking a 32% decline from its all-time high. According to the latest Nansen report shared with CryptoPotato, 1,420 distinct owner wallets are...

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Peter Thiel’s Fund Back into Bitcoin and Ether, Sparking Silicon Valley’s Crypto Interest: Report

Founders Fund, the venture capital enterprise founded by billionaire Peter Thiel, is reportedly reinvesting in Bitcoin and Ether, as per reports. This move by the San Francisco-based venture capital firm, which has roughly $12 billion in total assets under management as of 2023, marks a resurgence of Silicon Valley’s interest in the crypto market. Silicon Valley’s Crypto Comeback According to sources familiar to Reuters, Founders Fund dedicated $200 million in the past year...

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Cathie Wood Doubts SEC Approval for Crypto ETFs Beyond Bitcoin and Ethereum

Cathie Wood, founder of ARK Investment Management, has expressed skepticism regarding the Securities and Exchange Commission’s (SEC) stance on approving spot exchange-traded funds (ETFs) following cryptocurrencies beyond Bitcoin and Ethereum. Wood’s sentiment was echoed in her recent remarks on WSJ’s Take On the Week podcast: “We’d be surprised to see anything but Bitcoin and Ether being approved by the SEC.” Franklin Templeton Joins the ETF Race This sentiment follows...

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