Markets

Litecoin – an asset that derived from bitcoin, the world’s number one digital currency by market cap – has undergone its third halving, and analysts are emerging left and right to comment on the results. Litecoin Remains a Dominant Force in Crypto Litecoin is one of the oldest digital assets around. At roughly 12 years of age, it’s almost as old as bitcoin and dates Ethereum by about four years. As bitcoin is often referred to as “digital gold,” Litecoin has...

Binance CEO Changpeng Zhao (CZ) published a tweet re-encouraging followers to “ignore FUD” – this time surrounding rotating management at his exchange’s U.S. subsidiary, Binance.US. The statement follows three executive departures from the exchange this week, mimicking earlier, similar behavior from top brass at the international exchange. In his tweet, CZ noted speculation regarding recent management changes at Binance.US, one of which included the exit of CEO Brian Shroder...

The cryptocurrency market is constantly evolving and users are searching for the best trading experience out there. LBank exchange, one of the leading digital currency exchanges in the world, has listed LFi and cLFi tokens, the utility and collateral tokens of the LFi ecosystem. This partnership will enable the tokens to have much wider open opportunities for millions of users in the CeFi and DeFi space. What is the LFi ecosystem? LFi is a decentralized platform that...

The new Bitcoin-only trust company will combine expertise from BitGo and Swan Bitcoin to drive adoption with minimal exposure. California-based crypto custodian BitGo Inc and Bitcoin services firm Swan are working to create a Bitcoin-only trust company. The new firm will offer customers Bitcoin custody without the risk of exposure to the crypto market. According to an official press release, the new firm will be the first Bitcoin-only trust company. It will combine regulatory compliance...

Mark Yusko – the head executive of Morgan Creek Capital Management, a hedge fund – has stated that bitcoin could reach a price of about $300,000 per unit by the time 2028 rings in. Mark Yusko Has High Hopes for Bitcoin Right now, the gold arena has a market capitalization of about $6 trillion. He believes bitcoin will soon be able to rival the precious metal thanks, in large part, to next year’s scheduled halving. He says BTC is going to experience enough of a...

The performance of Instacart IPO will provide valuable insights into the appetite for tech-driven companies and the willingness of investors to pay a premium for companies operating in sectors with significant growth potential. Popular grocery delivery app, Instacart has recently made waves in the financial world by announcing its intention to raise the proposed price range for its upcoming Initial Public Offering (IPO). This strategic move comes hot on the heels of a highly successful IPO...

Tesla is likely to decide on a breakthrough method of die casting multiple sections of its EVs to reduce cost and improve production. Tesla Inc (NASDAQ: TSLA) has reportedly figured out a technological breakthrough that will transform the process of making electric vehicles. Fine-tuning the process will help Tesla cut production costs considerably. Tesla stock closed 1.75% higher at $276.04 on the news. Five people familiar with the matter spoke with Reuters anonymously. According to these...

As the global economy is going through a period of total uncertainty amid the crises of the last three years, individuals are increasingly searching for ways to protect their savings. Cryptocurrencies have emerged as a popular solution, offering financial independence and autonomy from government regulations. However, the cryptocurrency market has faced challenges due to global macroeconomic situations and inflation data, resulting in a prolonged period of decline...

Bitcoin cash started a strong increase above the $200 and $210 levels against the US Dollar. The price is now trading above the $210 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $190 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $225 and $232 to continue higher in the near term. Bitcoin cash price is climbing above $210 against the US Dollar, like...

Ripple is pushing a new upgrade to its XRP Ledger that will introduce a couple of very important features. In fact, the company’s CTO has, on multiple occasions, expressed his excitement over the upgrade and said that he’s very much looking forward to it. But this has also sparked a discussion on the impact of the implementation on XRP’s price. Let’s dive in. What’s The Fuss All About? As CryptoPotato reported, Ripple is about to implement an upgrade to its XRP Ledger that...