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• Litecoin price analysis: Bullish momentum fades as the bears strike

  TL;DR Breakdown Litecoin price analysis is bearish today LTC is trading at $92.05 having lost 0.18% in the past 24 hours Resistance and support levels are seen at $93.24 and $90.82 respectively The most recent Litecoin price analysis shows that the bullish momentum is fading as the bears have now struck. The bulls had been driving LTC’s price up over the past few days, but it appears they have lost control and are beginning to retreat. LTC has been trading in the negative territory for the most part of today’s session and is now hovering around the $92.00 mark. The resistance level is currently seen at $93.24 while the support level lies at $90.82. These levels indicate that the price of Litecoin is stuck in a tight range and could take some time to break either way. A break below the $90.82 support level could see LTC fall further and gain bearish momentum, while a break above the resistance level of $93.24 could set a continuation of the bullish rally for Litecoin. The market capitalization of Litecoin is currently sitting…

  Article 2023年5月21日

• Sei token price declines 33% after airdrop expansion

  TL;DR Breakdown Sei token’s price dropped 32.59% to $0.182 after airdrop claims, following a 2000% surge with the mainnet launch. The price drop led to speculation about Sei’s stability, with trading now at a market capitalization of $322 million. Despite the decline, Sei’s mission and unique features suggest potential price stability, with anticipation around Sushiswap’s network debut. Description The Sei Network’s native token, Sei, has experienced a significant 32.59% price drop from $0.27 to $0.182 after opening airdrop claims. However, this decline came on the heels of an initial 2000% surge following the successful launch of the Sei mainnet. FurtThe Sei Foundation released its blockchain in the mainnet beta phase on August 15. … Read more The Sei Network’s native token, Sei, has experienced a significant 32.59% price drop from $0.27 to $0.182 after opening airdrop claims. However, this decline came on the heels of an initial 2000% surge following the successful launch of the Sei mainnet. FurtThe Sei Foundation released its blockchain in the mainnet beta phase on August 15. It later expanded the number of eligible wallets for…

  Article 2023年8月18日

• Ethereum burned $6.1 billion ETH in 21 months

  TL;DR Breakdown Ethereum has burned ETH worth $6.1 billion over the last 21 months. Analysts explore the potential value and impact of the burned tokens. In the past 21 months following the implementation of Ethereum Improvement Proposal (EIP) 1559, Ethereum’s London hard fork has witnessed staggering destruction of over 3.33 million ether, valued at a jaw-dropping $6.1 billion. The burn rate currently stands at approximately 3.51 ether per minute, further solidifying the network’s unique burning phenomenon. OpenSea helped Ethereum burn over 230,000 tokens One prominent participant in this burning process since August 5, 2021, is the Opensea platform, known for its contributions to the destruction of 230,050 ETH. The London upgrade, marked as a significant event in Ethereum’s history, set the stage for what was to come. In the initial three months alone, over 700,000 ether was burned, foreshadowing the scale of future burn rates. The primary driving force behind this burning lies in everyday traditional transfers of ether. Conventional ether transactions alone have resulted in the destruction of a substantial sum of 285,576 ether, valued at $522 million. Opensea…

  Article 2023年5月31日

• FBI and GCHQ issue joint advisory on Russian malware targeting crypto wallets

  TL;DR Breakdown A joint advisory from the FBI, NSA, CISA, and the UK’s NCSC has warned about a new malware called Infamous Chisel, linked to Russia’s GRU military intelligence agency, that targets cryptocurrency wallets and exchange apps on Android devices. The malware specifically seeks out directories related to popular crypto applications like Brave, Binance, Coinbase, and the Trust crypto wallet, as well as communication platforms Telegram and Discord. It also targets the Android Keystore system for storing private keys. Despite its low to medium sophistication and lack of stealth techniques, the malware poses a significant threat to digital assets, especially as it comes at a time when cybercriminals are increasingly targeting valuable digital assets, including cryptocurrencies. Description A joint advisory report from the Federal Bureau of Investigation (FBI), National Security Agency (NSA), Cybersecurity and Infrastructure Security Agency (CISA), and the UK’s National Cyber Security Centre (NCSC) has shed light on a new malware strain known as Infamous Chisel. This malware is specifically designed to target cryptocurrency wallets and exchange applications. The malware … Read more A joint advisory report from…

  Article 2023年9月2日

• McCarthy riles up House GOP in Biden govt shutdown

  TL;DR Breakdown House Speaker Kevin McCarthy confronts GOP members over federal spending disagreements. McCarthy faces threats from critics demanding a $120 billion cut from the previously agreed budget with President Biden. The House remains in session until a spending agreement is reached to prevent a government shutdown after September 30th. Description Kevin McCarthy, the U.S. House Speaker, showed exasperation as he confronted fellow Republicans in a dramatic standoff concerning federal spending. His message was clear – there’s no winner if the government faces a shutdown. Yet, this looming crisis underscores the deep fissures within the Republican Party, as members grapple with budgetary challenges and pressures from … Read more Kevin McCarthy, the U.S. House Speaker, showed exasperation as he confronted fellow Republicans in a dramatic standoff concerning federal spending. His message was clear – there’s no winner if the government faces a shutdown. Yet, this looming crisis underscores the deep fissures within the Republican Party, as members grapple with budgetary challenges and pressures from different factions. Intense Closed-Door Confrontations The tension reached its peak in a closed-door party gathering. There,…

  Article 2023年9月15日