LTC/USD weekly price chart. Source: TradingViewThe breakout target, calculated by measuring the triangle’s height, projects a move toward $230, aligning closely with the 0.5 Fibonacci retracement level. Key moving averages support the bullish outlook. The 20-week EMA at $90 and the 50-week EMA at $81.75 are trending upward, signaling renewed buyer interest. However, Litecoin’s recent … Read more
Coinbase is under fire for its decision to remove Wrapped Bitcoin (WBTC) from its platform, citing risks linked to Justin Sun, the founder of Tron. In November, the delisting of WBTC was announced across all its platforms. Following this, the company faces a lawsuit for over $1 billion by BiT Global Digital Limited, a company … Read more
Shares of Google parent Alphabet Inc. (GOOGL) are rising as AI and quantum computing breakthroughs overpower the company’s headwinds.
A former Democratic Party lawmaker of Korea, Kim Nam-guk can face six months in prison for allegedly concealing millions in cryptocurrency holdings. Accusations indicate that he has hidden his assets during the 2021 and 2022 financial disclosure. Kim knowingly deleted the key details about his cryptocurrency assets, a total of 9.9 billion (approximately $6.8 million) … Read more
UK inflation rises to 2.6%, pushing the BoE to reassess its rate-cut timeline amid surging wages and uncertain labor market trends.
Bitcoin hit a record high of $108,000 on December 17, continuing its strong rise, started in 2023. The price of bitcoin has increased by nearly 150% this year, driven by higher demand and slower growth in supply. The Federal Reserve and other central banks cutting interest rates have helped push the price of bitcoin. According … Read more
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A mystery trader bagged an insane $8.36 million in profits by trading PENGU tokens just a few hours after the token launched on Binance. According to Lookonchain, the trader spent an initial 23,742 SOL worth $5.36 million to buy 239.6 million PENGU tokens. 20 minutes later, he sold them for 60,726 SOL ($13.72 million) for … Read more
U.S. dollar’s pullback provided support to gold markets.
A controversial method for farming Pudgy Penguin tokens (PENGU) is making waves online, claiming a $20,000 investment in Pudgy merchandise could yield a $50,000 profit. According to X user @Deroidz, buyers could redeem NFTs linked to Pudgy plushies and figurines, potentially earning $50 per item from the upcoming Pengu token (PENGU) airdrop. Source: X The math … Read more
