Category: crypto

Litecoin price is facing strong resistance at $135–$140, with a potential rejection leading to a drop as low as $50. The price is in a medium-term uptrend but could form a bearish double-top pattern. Bullish factors, such as the proposed spot Litecoin ETF, could support further upside if sentiment aligns.

The crypto market is down as Bitcoin retreats from all-time highs, influenced by macroeconomic uncertainty due to the government shutdown. Investors are concerned about the Fed’s moves and losing faith in the dollar. While gold is performing well, leading to increased interest in cryptocurrencies as an alternative asset.

Polygon has launched the Rio upgrade for its mainnet, featuring witness-based stateless validation and the Validator-Elected Block Producer system. This upgrade aims to increase transaction speeds to 5,000 TPS, distribute fees among all validators, and make network participation more accessible. The new features eliminate the risk of chain reorganizations and reduce storage needs for validators.

Ethena Labs partners with UR Global to integrate USDe stablecoin into UR’s neobank, allowing users to earn up to 5% APY on their USDe holdings. UR offers zero off-ramp fees, multi-currency support, self-custody wallets with biometric authentication, and plans to enable direct spending of USDe via a Mastercard debit card globally.

The Croatian Football Federation has introduced automatic cryptocurrency rewards for fans through its official app integrated with the Kadena blockchain. Fans can earn 1% cashback in VATRENI tokens when purchasing merchandise. This move is part of a growing trend in the sports industry, including soccer clubs and national teams launching their own crypto tokens for…

Monero’s price has surged after reclaiming the 200-day moving average, indicating a bullish trend. Traders are eyeing resistance at $344 and a potential move to $402. The price structure shows higher highs and higher lows, with strong trading volume supporting the uptrend. A breakout above $344 could trigger further gains.

Croatia’s national football team integrated a Kadena-based crypto token into its official app, allowing fans to earn 1% back in ‘Vatreni’ tokens when purchasing team merchandise. The token migrated from Polygon to Kadena blockchain, offering exclusive rewards such as VIP experiences and match tickets. The collaboration aims to provide a seamless and personalized fan experience.

ICE is investing $2 billion in Polymarket, valuing the company at $8 billion. They will distribute Polymarket’s event-driven data to institutional clients globally. The deal signifies a major institutional endorsement of decentralized prediction markets. Polymarket’s CEO views the partnership as a step towards bringing prediction markets into the financial mainstream.

U.S. stocks opened slightly higher on Tuesday with the Dow rising, and gold spiked to a record $4,000. Wall Street’s positive momentum continues with the major indexes at new highs. The upbeat market follows seven straight winning sessions. Mega deals in AI market boost tech stocks, while uncertainty around the U.S. government shutdown persists.

CleanCore Solutions holds 710 million Dogecoin with $20 million in gains. The company plans to accumulate 1 billion Dogecoin and has support from Dogecoin insiders and House of Doge. The firm received backing from Bitstamp and secured a $175 million private placement to continue its Dogecoin accumulation strategy.