Bitcoin was trading higher ahead of the New York opening bell Monday but risked shedding its intraday gains on Moderna’s latest announcement. The tech-savvy pharmaceutical firm updated earlier Monday that its experimental coronavirus vaccine is 94.5 percent effective in protecting people from catching the infection. That marked the second successful trial seven days after Pfizer…
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Litecoin founder Charlie Lee today tweeted a cryptic emoji message of a chicken, dolphin, bee, cash, and soon arrow. Several of Lee’s followers replied, speculating over what he meant. But it was @MASTERBTCLTC who gave the most likely explanation by replying with “Litecoin flip B cash soon.” 🐓 litecoin🐬 flip🐝 B💵 cash🔜 soon — Master⚡️250k…
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The failed launch of the Telegram Messenger cryptocurrency project is one of the central topics of the outgoing year. The whole global crypto community held its breath while following the development of the conflict between the SEC and Pavel Durov’s TON. Few people believed that such an ambitious undertaking, backed by such a strong effort…
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It was not long ago when SushiSwap had earned itself the tag of “exit scam.” In early September, the decentralized exchange’s co-founder, known by the alias “Chef Nomi,” liquidated his SUSHI holdings. His move resulted in a 75 percent decline in the SushiSwap government token’s rate, with many agreeing that Nomi dumped the DEX project…
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Litecoin price is gaining momentum above $65.00 against the US Dollar. LTC is likely to continue higher towards the $70.00 and $72.00 resistance levels in the near term. Litecoin remained well bid and surpassed the $65.00 resistance zone against the US Dollar. The price is now trading nicely above the $66.00 level and the 100…
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Ethereum started a downside correction below the $460 support level against the US Dollar. ETH price is now trading below $450 and it remains at a risk of more downsides. Ethereum is showing a few bearish signs below the $460 and $455 support levels. The price is now trading well below $460 level the 100…
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DeFi Despite positive technological developments, the decentralized finance (DeFi) space is still rife with hacks and exploits. This much was made clear just recently, when $7 million was siphoned out of a cryptocurrency vault based on Ethereum. While many users have been adversely affected by this exploit, the unknown attack did make a move to…
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Bitcoin price started a downside correction from well above $16,200 against the US Dollar. BTC is likely to accelerate losses if there is a clear break below the $15,800 support. Bitcoin failed to stay above the $16,200 support and extended its decline. The price is currently trading below $16,000 and the 100 hourly simple moving…
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Ethereum currently trades for $450 as of this article’s writing, stuck in a short-term range with DeFi coins as Bitcoin has entered a phase of consolidation. Analysts are optimistic about the leading cryptocurrency due to technical signs indicating it may run back toward the highs. Bitcoin is also seen as bullish by many analysts, who…
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Bitcoin has begun to slide lower over the past few days as selling pressure has tapered off at the $16,500 highs. The leading cryptocurrency currently trades for $15,900, a few percent below those highs but still situated above key support levels. Analysts remain optimistic despite the downward-sloping price action. One trader says that if the…
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