© Reuters Litecoin Falls 10.69% In Bearish Trade Investing.com – Litecoin was trading at $77.458 by 23:22 (23:22 GMT) on the Investing.com Index on Tuesday, down 10.69% on the day. It was the largest one-day percentage loss since August 17, 2023. The move downwards pushed Litecoin’s market cap down to $5.779B, or 0.25% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $77.458 to $87.739 in the previous twenty-four hours. Over the past seven days, Litecoin has seen a drop in value, as it lost 20.15%. The volume…
Author: Web3 Daily Press Staff
The Shiba Inu (SHIB) price downtrend is expected to extend beyond the current 30% as the meme coin is losing the backup it had gained over the past few weeks. The likely outcome is another 20% plunge on the daily chart, but if SHIB bounces back from a crucial support level, it could recover. Shiba Inu Price Fall Continues Shiba Inu price is trading at $0.00002542 at the time of writing, after the meme coin failed to reclaim the support of $0.00002800. The increasing bearishness is due to the broader market bearish cues triggered by the decline in Bitcoin price.…
VeChain (VET), a blockchain platform highly regarded for its emphasis on enterprise solutions and supply chain management, has been drawing considerable attention in the cryptocurrency market as it emerges from an extended period of consolidation. Despite encountering a recent setback with a 10% decrease in the past 24 hours, this alternative coin has demonstrated significant growth over the preceding year, boasting a remarkable 97% surge. Presently, VeChain is valued at $0.03715. VeChain’s Trajectory VeChain’s evolution within the cryptocurrency sphere has been characterized by resilience and innovation. Positioned as a blockchain solution tailored specifically for businesses, VET has consistently pursued the…
Tether’s USDT (USDT-USD), the largest stablecoin by market capitalization and trading volume, has recently encountered regulatory hurdles within the European Union (EU) and the European Economic Area (EEA). The cryptocurrency exchange OKX has discontinued support for cryptocurrency trading pairs with USDT for users in these regions, opting instead to enhance support for USDC (USDC-USD) and euro pairs. This decision underscores the evolving regulatory landscape in Europe and its implications for stablecoins like USDT OKX Shifts Focus to Euro-Denominated Liquidity OKX’s move to delist USDT pairs in favor of expanding Euro pair liquidity reflects a strategic shift towards accommodating the upcoming…
The Securities and Exchange Commission (SEC) today charged SafeMoon LLC, its creator Kyle Nagy, SafeMoon US LLC, and the companies’ Chief Executive Officer, John Karony, and Chief Technology Officer, Thomas Smith, for perpetrating a massive fraudulent scheme through the unregistered sale of the crypto asset security, SafeMoon. According to the SEC’s complaint, the defendants promised to take the price of the token “Safely to the moon,” but instead of delivering profits, they wiped out billions in market capitalization, withdrew crypto assets worth more than $200 million from the project, and misappropriated investor funds for personal use. The SEC’s complaint also…
Last updated: March 19, 2024 16:19 EDT | 18 min read Polkadot (DOT) was created by one of the Ethereum cofounders and brought the concept of blockchain modularity into the mainstream long before it gained traction last year. With exciting upgrades planned for this year, many are wondering: what will happen to the price of DOT in 2024?In this Polkadot price prediction, we look at the Polkadot protocol, how it operates, and how it plans to evolve to stay relevant in the near and distant future. We’ll also provide a DOT price prediction for every year between now and 2030…
Talisman, Rainbow and Coinbase WalletMaria Paula Fernandez Decentralized finance, web3 social and consumer crypto have been three of the main trends that are gaining traction in the blockchain ecosystem. Designers and product experts from big tech have been flocking to crypto companies to help build seamless experiences to accommodate the next wave of mainstream crypto adoption. According to the January 2022 crypto.com market sizing report, global crypto owners reached 200 million people in 2021. IDuring the second half of 2021, the global crypto market grew 37.5%. In total, in 2021, global crypto population grew a staggering 178%, rising from 106…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amid Dogecoin’s unpredictable market, Rebel Satoshi’s $RECQ emerges as a new investment opportunity in its presale phase, captivating DOGE holders. After the successful launch of Rebel Satoshi ($RBLZ), its second token, $RECQ is being sold in a presale. On the other hand, one of the best altcoins, Dogecoin (DOGE) has dipped despite Elon’s announcement. Rebel Satoshi gives another opportunity to investors that missed out on $RBLZ The newest memecoin project, Rebel Satoshi is built on the ideals of Guy…
The decentralized finance (DeFi) space has witnessed tremendous growth and innovation, offering permissionless financial services and global liquidity. However, one challenge that DeFi protocols face is the potential for asset-liability mismatches, which can lead to liquidity crises or bank runs on the protocol.This issue is particularly relevant for real-world asset (RWA) focused DeFi lending protocols that provide loans with maturities spanning years. If the liquidity provided to these protocols is short-term, there is a risk of asset-liability mismatch, as seen in the traditional finance world with the LTCM and Silicon Valley Bank (SVB) bankruptcies.Enter Brú Finance, a pioneering DeFi protocol…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. In a rapidly evolving digital landscape, DeeStream (DST) offers a decentralized alternative to traditional streaming services, appealing to the tech-savvy communities of Chainlink (LINK) and Cosmos (ATOM). In the center of established streaming platforms, DeeStream (DST) rises to change the whole perspective of the crypto world with decentralization and empowerment. Whereas Chainlink (LINK) and Cosmos (ATOM) represent advanced cryptocurrencies as an alternative class of investments, DeeStream (DST) represents a decentralized model for content creation and consumption. Chainlink navigates market…