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Litecoin price analysis: LTC/USD down 3% amid global crypto sell-off ahead on weekend

June 22, 2018 Forex news forex trade 0

LTC/USD is still in the range despite recent sell-off. Positioning and speculative trading may be behind the downside movement. Litecoin is changing hands at $94.00, down nearly 4% on daily basis amid global cryptocurrency sell-off. Litecoin’s market value is registered at $5.4B with average trading volume at $312M.  Despite a noticeable drop, LTC/USD continues moving […]

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Bitcoin price analysis: BTC/USD under pressure, but Fundstrat’s experts believe the worst is over

June 22, 2018 Forex news forex trade 0

BTC/USD failed to break Andrew’s pitchfork upper line in a sustainable way. Rob Sluymer from Fundstrat thinks long-term recovery is coming. Bitcoin is trading at $6,680 at the time of writing, down 1.6% on Friday. The price broke below $6,700 handle during early Asian hours with no fundamental trigger readily identified. According to Rob Sluymer, technical strategist at Fundstrat […]

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Investigation Underway: Korean Government Seeks Cause of Crypto Hacks

June 22, 2018 Forex news forex trade 0

Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. The authorities will also perform security checks on all crypto exchanges’ systems. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Government’s Response The South Korean government announced on Wednesday, June 20, that it […]

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Another day, another exchange hack

June 22, 2018 Forex news forex trade 0

The recent hack of Bithumb, the 6th largest cryptographic asset exchange, continues the worrying trend of hackers finding ways around the security of these platforms, and siphoning funds stored in exchange hot wallets.
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