Crypto Trader Details Massive Price Target for Litecoin, Says LTC Could Lead Altcoin Charge

A popular crypto analyst is setting new potential price targets for Litecoin (LTC) as it starts to build momentum. In a new Technical Roundup strategy video, pseudonymous analyst DonAlt tells his 44,400 Youtube subscribers that rallying Litecoin could crack its previous all-time high of almost $400, which it hit back in May 2021. His first …

Bitcoin addresses holding at least 1 BTC close in to a million

Smaller wallet addresses in the Bitcoin (BTC) ecosystem continue accumulating BTC despite market turmoil. The number of known addresses on the Bitcoin blockchain that hold 1 BTC or more has hit a new all-time high. According to blockchain analytics company Glassnode, the number of wallets holding at least 1 BTC or more reached 950,000. Bitcoin …

FTX stake in US bank raises concerns about banking loopholes

The bankruptcy proceedings of cryptocurrency exchange FTX have revealed many new aspects of its unethical practices. The latest revelation around its stake in one of the smallest United States banks from rural Washington has raised fresh concerns about its operations and alleged misuse of banking loopholes. Farmington State Bank in Washington State, now renamed Moonstone, …

ConsenSys addresses MetaMask IP collection, claims nothing has changed

After community backlash received from an initial privacy policy revision on Nov. 23, ConsenSys, the parent company of MetaMask, released a statement to reiterate the intentions of its data collection. The company stated that the policy has always relayed how certain types of personal information are automatically collected, which could include IP addresses. According to …

Will Bitcoin hit $110K in 2023? 3 reasons to be bullish on BTC now

Bitcoin (BTC) may follow stocks on a “massive bull run” as the weekly chart delivers a unique sign of strength. The latest analysis from several well-known crypto names suggests it is time to give up the bear market narrative. Despite everyone talking about a new macro BTC price low, possibly at $12,000, new perspectives demand …

FTX attacker turns to ChipMixer to launder tokens

The FTX attacker turned to ChipMixer to launder funds and already washed around 360 Bitcoin (BTC), according to on-chain sleuth ZachXBT. Update: FTX attacker has started using ChipMixer to launder the funds (so far ~360 BTC) https://t.co/xuiCaajnh8 https://t.co/qsSJs8d8OV — ZachXBT (@zachxbt) November 25, 2022 Earlier attacks The FTX drainer has been active since Nov. 12. …

On-chain data flashes multiple bear market bottom signals

Crypto markets have historically been cyclical based on Bitcoin halving events. Bitcoin halvings happen every time 210,000 blocks are mined — roughly every four years. The last halvings occurred in 2012, 2016, and 2020. Between each halving, a bull market has been followed by a bear. Given the transparent nature of most blockchain networks, it …

South Korean Crypto Exchanges Delist WEMIX — Token Price Plunges by Nearly 70%

The Digital Asset Exchange Joint Consultative Body (DAXA), the South Korean association of crypto exchanges, announced on Nov. 24 that the WEMIX token would be delisted. In justifying the decision to delist WEMIX, the association claimed the information provided by the token’s issuer Wemade is false and has confused investors. Discrepancy Between WEMIX Circulating Supply …

Report: Luno Africa Says Customers and Operations Not Affected by Turmoil at Genesis Capital

Just days after reassuring concerned customers, Marius Reitz, the general manager of crypto exchange Luno Africa, recently reiterated the company has not been impacted by Genesis Capital’s decision to pause withdrawals. He added Luno customers still have access to funds in the savings wallet despite its lending partner’s decision to freeze withdrawals. Customers Retain Access …

Latam Based Cryptocurrency Exchange Ripio Expands to US

Ripio, an Argentina-based cryptocurrency exchange, has announced that it will expand its operations to the U.S. The company, which serves more than 4.5 million customers in Latam, received a license in the state of Florida to operate and will start offering its Ripio Select services to companies and institutional investors. Ripio Expands Operations to US …

Fumiya ‘the Most Famous Japanese in the Philippines’ Becomes PROJECT XENO Ambassador

press release PRESS RELEASE. Project Xeno is pleased to announce that Fumiya, a social media creator with over 6 million followers on SNS, has been appointed as the Southeast Asia ambassador for “PROJECT XENO.” Fumiya is a social media creator based in the Philippines, working extensively as an actor, singer, TV personality, and YouTuber. He …

Bitcoin Will Explode by Over 5,900%, Come Out of Bear Market ‘Smelling Like a Rose’: ARK Invest’s Cathie Wood

The founder and CEO of investment firm ARK Invest is doubling down on her prediction that Bitcoin (BTC) will hit a seven-figure price by 2030. Responding to a question during an interview with Bloomberg about whether she is still holding on to her forecast that Bitcoin will reach $1 million in eight years, ARK Invest …

Uzbekistan issues first crypto licenses to two local ‘crypto stores’

As Uzbekistan prepares to adopt a new cryptocurrency framework in 2023, Uzbek regulators have started issuing regulatory approvals to local crypto service providers. The National Agency for Perspective Projects (NAPP), Uzbekistan’s major cryptocurrency market watchdog, has issued the nation’s first crypto licenses, according to an official announcement released on Nov. 17. The licenses officially authorize …

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