• Litecoin (LTC) price started to increase steadily above $78 against the US Dollar. • There was a break above a major bearish trend line with resistance at $85 on the 4-hours chart of the LTC/USD pair. • If there is a clear move above $90, litecoin price could gain bullish momentum and reach the $95 level. Litecoin Price Analysis […]
Litecoin Price Analysis: Bulls Aim for Upside Break to $95
Crypto Sparks Mixed Reactions in Senate Hearing: What’s Next?
• The recent Senate hearing on crypto showed a divided opinion on digital assets with some for it and others against. • Senator Sherrod Brown revealed that the industry spent $54 million on ads in 2023, but didn’t mention the risks associated with crypto. • Senator J.D. Vance was more optimistic and said that with proper safety measures, crypto could […]
Crypto Exchange OKX Hints Layoffs Ahead: What’s Next?
• Dublin-based crypto exchange OKX is potentially looking into layoffs to save money and help recover after the 2022 crypto winter. • All employees are going through a consultation period to reallocate resources, with only less than one percent of staff being let go. • The news comes shortly after OKX served as a sponsor of Istanbul Fintech Week in […]
Crypto Volatility Plunges; Analysts Point to Stable Market
• Crypto experienced a small dip in early February, but analysts have pointed out that it is still stable with low volatility compared to other asset classes. • This could be seen as good news, as yields are likely to continue to rise and make it harder for Bitcoin to break the $25,000 level. • In 2022, crypto assets like […]