Share: Gold price oscillates in a narrow trading band through the Asian session on Monday. Traders prefer to move to the sidelines ahead of this week's central bank event risks. China's economic woes, US-China tensions and geopolitical risks to act … [Continue reading]
Litecoin likely to lead alt season rally counting down to the LTC halving event
Share: Litecoin whale transactions remain consistently high less than ten days away from the halving event. LTC is likely to kick off the alt season rally close to its halving slated to occur on August 2. Litecoin’s social dominance is on the … [Continue reading]
XRP whale wallets skyrocket as holders wait and watch SEC’s appeal
Share: XRP wallets holding upwards of 100 million tokens has climbed to 199, the highest level recorded since May 13. The altcoin has emerged as a trending topic among market participants since Judge Torres’ ruling and the SEC’s intention to … [Continue reading]
Celsius creditors likely to see their funds soon as bankrupt crypto lender reaches settlement
Share: Bankrupt crypto lender Celsius Network reached two settlements that are likely to allow creditors to see their assets back soon. The next bankruptcy proceeding is scheduled for August 10 when Judge Martin Glenn will address $78.2 … [Continue reading]
Ethereum, Tron and Bitcoin worth $23 million drained from Alphapo hot wallets
Share: A crypto payment service provider Alphapo’s hot wallet was hacked and $23 million in Ethereum, Tron and Bitcoin were stolen. Ether stolen by the attacker was bridged to Avalanche and Bitcoin. The payment processor caters to … [Continue reading]
Gold, Chart of the Week: XAU/USD at a crossroads ahead of Fed, short squeeze on the cards?
Share: Gold prices slipped on Friday even as treasury yields eased as the dollar rose. However, the price ended higher for the third straight week: Gold weekly and daily charts The wick leaves bullish prospects on the lower time frames as … [Continue reading]
Hong Kong takes crypto China narrative forward with crypto trading launch by securities firm
Share: Hong Kong-based securities firm announced the launch of cryptocurrency trading on its platform. While banking institutions have raised concerns of money laundering and delayed the onboarding of crypto clients, the firm opened doors to … [Continue reading]
Ethereum price at risk of decline as a network activity and whale holdings decline
Share: Ethereum network’s active addresses in the past 24 hours declined, as sellers extended their dominance in ETH. Ethereum whales holding between 10,000 and 1,000,000 Ether tokens have shed their holdings of the altcoin over the past two … [Continue reading]
XRP price wipes out 12% gains after SEC said the regulator will appeal Judge Torres’ ruling
Share: The US SEC revealed its intention to appeal the ruling in the SEC vs Ripple lawsuit, arguing that the court failed to properly apply the law. The development has resulted in a wipeout of XRP’s recent gains, the altcoin’s price dipped … [Continue reading]
Litecoin holders countdown 11 days to LTC halving, traders expect bullish price action
Share: Litecoin halving is 11 days away, analysts observe renewed enthusiasm among LTC traders. In the past six months, 1,185 new addresses have added more than 100 LTC to their holdings. LTC halving event is likely to catalyze a … [Continue reading]