Cryptonews weekly Recap #28

Cryptonews weekly Recap #28
Table of Contents

Hello, crypto enthusiasts! It’s time to catch up with the news from the crypto world that happened this week. Because you already know that if they are investing or you want to invest in cryptocurrencies, there is only one sure way to do it: being informed. So, here we go!

On Monday our expert did a detailed analysis on one of the most popular cryptocurrencies among investors. We are talking about Polygon (MATIC) which has experienced a 32% drop in the last two months, reaching a critical support level at 0.85. What a roller coaster MATIC is going through, but let’s not lose hope!

Tron (TRX) has led the market with a gain of about 10%! What’s driving the price? We analyze it HERE.

Litecoin (LTC) has seen an increase in active addresses – more people are getting in on the action with LTC! Is this the bullish signal they’ve been waiting for

Ethereum (ETH) is holding above $1800, but has it reached the end of its rally? If you hold ETH I’m sure you’ll want to know what our analyst has predicted for the second largest crypto on the market.

EOS Foundation Launches its EVM Beta Mainnet

In other news, Ledger was at the center of criticism and has discontinued its key recovery service after a backlash. oops! Looks like things have gotten a little intense over there.

For its part, Binance hit back at the Reuters report that claimed it was commingling user funds. A new accusation hanging over the world’s leading exchange. Will it be just FUD, as CZ always claims, or is this just the Titanic about to sink?

With AI gaining ground in all sectors, Solana has jumped ahead of the rest and has become the first L1 blockchain to integrate this technology through ChatGPT. Artificial intelligence is coming to the crypto world! Get ready for the technological future.

This week has also been marked by various scams that are affecting thousands of users. First, Multichain has collapsed due to rumors of developer arrest. And second, DeFi protocol Seaswap has scammed investors with a $32,000 exitscam.

And there you have it, folks. Stay tuned for the latest news and developments in this exciting world – happy investing and have a fantastic weekend!


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