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The Litecoin Bullish Run Litecoin has been one of the most aggressive cryptocurrencies in terms of price surge this week. At the time of writing, the digital currency is valued at a price of $108.67 after an unprecedented growth of 28.93%. Breaching the $100 price level is a milestone in itself seeing the coin has not tested this level since April this year. advertisement The recent growth push has given Litecoin a defined impetus on the weekly front. Per data from CoinMarketCap, the cryptocurrency is up 18.53% as the current growth momentum has helped it pare off the losses accrued within that time span. Litecoin has recorded a number of unique milestones over the past few days. Besides recording more than 2 million transactions in the past week, Litecoin has also seen a steady growth in its mining difficulty which soared to a new All-Time High (ATH) of 26.38 M at block height 2,500,802. The resilience of the coin is currently being complemented by th

Multiple crypto analysts pointed out LTC’s and BCH’s price breakouts on twitter over the past few hours. The analysts are convinced that LTC has finally entered its pre-halving rally. LTC and BCH both saw their prices surge by more than 15% over the past 24 hours of trading. Multiple crypto analysts pointed out Litecoin’s (LTC) and Bitcoin Cash’s (BCH) price breakouts on Twitter over the past few hours. This came after EDX Markets, which was launched last week, decided to let its traders—institutional investors only—start off with Bitcoin (BTC), Ethereum (ETH), LTC, and BCH. Renowned trader, Michael van de Poppe, shared that LTC looked ready for its pre-halving rally in a tweet earlier today. The trader believed that both LTC and BCH had the potential to achieve 2X gains.  Rekt Capital, another crypto analyst, agreed with this and ex press ed his own excitement about the fact that LTC’s pre-halving rally was underway in a separate tweet. Rekt Capital also share

Unpacking the challenges and deceptive practices in the crypto space, and exploring the potential of unified standards for safer social token minting. The world of cryptocurrencies has witnessed a surge in the creation of community coins, often utilizing popular names like Elon Musk, Tesla and Andrew Tate, or even memes like Pepe. Unfortunately, these coins often have no real connection to the individuals or entities they reference, leading to potential confusion and misleading investments. While it may seem challenging to prevent the creation of such tokens, there are ways in which users can protect themselves from falling prey to these dubious offerings. Understanding the challenge It is no secret that anyone can create a token in a matter of minutes, thanks to the widespread availability of resources and tutorials on platforms like YouTube. This accessibility has allowed for the proliferation of memecoins and speculative tokens. This phenomenon attracts a particular subset of users

All the G20 countries except Argentina are developing a Central Bank Digital Currency. According to research, 98% of the global economy are now exploring digital versions of their currencies. Several countries in the Caribbean, and Nigeria have launched native CBDCs. All the G20 countries except Argentina are developing a Central Bank Digital Currency, CBDC. That marks the growing trend of CBDC development among most nations.  According to research by the U.S.-based Atlantic Council think tank, 130 countries representing 98% of the global economy are now exploring digital versions of their currencies. The study shows that almost half of these countries are in the advanced development, pilot, or launch stages of their CBDCs. Several countries in the Caribbean, and Nigeria are among eleven countries that have launched native CBDCs. China, whose CBDC development is the most popular, has progressed with its pilot testing and reached 260 million people. The te

Paris-based crypto security company, Ledger, has announced its foray into the institutional trading domain with the launch of Tradelink, a trading network aimed at facilitating custodial trading through specific exchange and custodial partners. Ledger, a crypto-security firm based in Paris, earlier today, disclosed its venture into the institutional trading arena. In a bid to facilitate custodial trading through specific exchange and custodial partners, Ledger is introducing Tradelink, a novel trading network for institutions. Ledger CEO and chairman, Pascal Gauthier, emphasized in a statement that the company is working towards a sustainable solution to provide its enterprise customers with security and flexibility. Today, @ledger_business unveils a breakthrough solution: Ledger Enterprise TRADELINK, empowering institutional investors to build their own custom trading network with custodial trading capabilities for unmatched control over their digital assets. Learn more … —

FTX CEO John Ray III has started soliciting interested parties to restart the FTX exchange. Discussions on renaming the exchange, compensation to some existing customers, and team building and recruitment are also underway. Blockchain technology company Figure has expressed interest in helping FTX reboot, according to sources. The firm was also part of an investment group that bid for Celsius Network, but lost to another consortium. advertisement Chief Executive John Ray III said he is setting up a task force to look into the crypto exchange’s restart. “The company has begun the process of soliciting interested parties to the reboot of the FTX.com exchange.” CoinGape Media earlier reported that FTX released the names of parties under the 363 Sale section of the US Bankruptcy Code that allows the selling of a company’s assets. Nasdaq, Ripple Labs, Galaxy Digital, BlackRock, Tribe Capital, Robinhood, NYDIG, and OKCoin are the interested parties, according

European Union (EU) representatives have approved new legislation to safeguard the financial system by preventing unbacked digital assets from gaining unfettered access to traditional banking. Impact on Traditional Finance Structure The European Union has reached a political agreement on a new bank-capital framework, which includes crypto assets to boost the resilience of banks, strengthen supervision and risk management. Following a lengthy meeting with lawmakers and representatives of the Council Parliament, the European Commission, and the national governments, a provisional agreement was sanctioned to amend the existing Capital Requirements Regulation and the Capital Requirements Directive. The announcement of the official agreement was made public by the European Parliament’s Economic and Monetary Affairs. On Tuesday 27/06 @EP_Economics negotiators struck a deal on changes to Capital Requirements Regulation & Directive #CRR & #CRD @jonasfernandez w/ #EU2023SE detai

Earn Rewards by Watching Short Videos on Cheelee’s Platform Cheelee is a platform where you can watch short videos and get rewarded for it. GameFi mechanics let you earn rewards while you watch your favorite stuff. A smart feed shows videos based on your preferences, so you can easily find what you want. The Cheelee concept recognizes the importance of attention. With GameFi mechanics, in-app NFTs, and tokens, Cheelee lets users turn their attention into cash. By engaging with the content and actively participating, users can earn money.   The Founders of Cheelee: Meet the Visionaries Behind the Platform’s Success Cheelee was founded in 2019 by Roman Alekseev, an experienced entrepreneur and venture capitalist. Yuriy Kardonov and Ruslan Sharov co-founded the platform. Ruslan Sharov is a seasoned entrepreneur with 20 years of experience. Besides having a PhD in law, he’s an expert in Web3. In addition to being an angel investor, Ruslan co-founded KSK Group consulting company, Mazal

When whales choose to explore new opportunities, such as Pikamoon, it signifies a potential surge for the chosen project and opens doors for exciting possibilities. Amidst the current market dynamics, whales are seeking fresh prospects beyond their existing investments, and Pikamoon emerges as an enticing option. This innovative project offers a unique concept and a token that is rapidly gaining traction. As whales make strategic moves, the crypto market experiences significant shifts. This transition signifies a new phase for both Nervos Network and Pikamoon, with potential opportunities for growth and success. Nervos Network’s (CKB) Price Performance Leaves Whales frustrated Founded in 2018 and launched in 2019, Nervos Network (CKB) aims to address the scalability issues faced by many L1 blockchains through its open-source public blockchain ecosystem. Inspired by the human nervous system, this project offers a permissionless solution to enhance the performance of busine

Concerns for $SHIB Amid Bankrupt Exchanges Lucie handling official SHIB ecosystem on Twitter shared about the challenges in trading activity- advertisement The $ SHIB is suffering because of bankrupt exchanges selling their assets. Use Defi. Move your tokens out of exchanges. The prevailing sentiment among $ SHIB holders is to act swiftly and move tokens out of exchanges. Recent data reveals that trading activity predominantly leans towards buying, with a typical hold time of approximately 205 days. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read Top Crypto Marketing Firms / Agencies 2023