LTC: $174 Support Holds as Market Pulls Back

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The cryptocurrency market pulled back after a strong weekend, with further losses possible The cryptocurrency market retreated yesterday following a robust rally over the past several days. Bitcoin (BTC) and other leading cryptocurrencies registered losses in the last 24 hours. After climbing above $47,000, BTC fell about 3.6% and now trades near the $45,000 area. … Read more

Aerodrome Finance Locks 609K AERO Tokens in Strategic Buyback

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The project confirmed the acquisition and lock of 609,000 tokens today. Its total buybacks for November exceed 3 million AERO. The altcoin’s performance reflects broader market advantages. Despite widespread uncertainty across the crypto landscape, Aerodrome Finance has shown continued commitment to supporting and strengthening its native ecosystem, AERO. The project announced on X a substantial … Read more

How Deeply Corporate Crypto Bets Are Underwater After the Crash

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The past week has been brutal in the cryptocurrency markets, with Bitcoin plunging to $59,000 on Friday — its lowest level in 19 months. Over roughly three weeks, Bitcoin lost more than $20,000 in value, and that collapse dragged down almost every major altcoin, amplifying pressure on large corporate holders. Analysts at Lookonchain have published … Read more

Arbitrum (ARB) and PEPE Face Massive Sell-Off as Memeinator Presale Sparks Attention

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Arbitrum (ARB) and PEPE came under sell pressure, declining by 9.53% and 25.65% respectively. Memeinator’s MMTR is gaining traction, offering novel utility and potential market dominance. MMTR’s token price in the final presale phase was $0.0292, attracting investor interest. The cryptocurrency market has experienced notable turbulence in recent days, with prominent tokens such as Arbitrum … Read more

XRP Price Outlook: Has Ripple Reclaimed Support for a Comeback?

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XRP remains under pressure on higher timeframes after extending its decline within a broad descending channel. However, the asset is now attempting to stabilize above a key support area while showing early signs of recovery against Bitcoin. The coming sessions will be important in determining whether XRP can form a meaningful bottom or continue its … Read more

Nexo: Cheap Money in the Economy Will Be Good for Cryptocurrencies

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Antoni Trenchev says the Fed is likely to be less aggressive than anticipated, and “cheap money” will probably continue to flow into cryptocurrencies. Antoni Trenchev, co-founder of Nexo, expects 2022 to be a challenging year for Bitcoin and the broader cryptocurrency market. At the same time, he believes that the availability of “easy money” will … Read more

This Indicator Predicted Major Ethereum Moves — What It’s Signaling Now

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Ethereum (ETH) has given back nearly all of the gains it posted earlier this month after renewed selling pressure swept across the market. A fresh weekly sell signal has also raised concerns that another sharp corrective phase, similar to prior declines, may be developing for the second-largest cryptocurrency. Three Major ETH Downside Targets Crypto analyst … Read more

Goldman Sachs Plans Fiat-Backed Stablecoin Launch

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The firm appears to have changed course on digital assets as it explores plans to create its own fiat-backed digital token Goldman Sachs, the prominent U.S. multinational investment bank and financial services firm, is examining the possibility of issuing a fiat-backed stablecoin. The initiative was disclosed by Matthew McDermott, Goldman’s newly appointed Global Head of … Read more

Ripple (XRP) Drops 5% Weekly — Analysts Forecast Major Rally Ahead

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Ripple’s cross-border token slipped over the past few days, dropping to its lowest level since the start of the month. Despite the recent weakness, several indicators and on-chain developments point to a possible rebound, and many analysts remain optimistic that a bullish move could be imminent. No Need to Panic? The past 24 hours were … Read more