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Litecoin mining difficulty skyrockets

Litecoin sees mining difficulty reaching a new value of 26 million at blocks 2 million as Bitcoin records a similar situation. Analyst predicts a bull run for Litecoin and other cryptos amid the possible approval of some Bitcoin Exchange-Traded Fund applications.

Ether’s hazy status inhibits rally

US regulatory uncertainty surrounding Ether is damaging the token’s performance compared with a recent rally in Bitcoin. The ambiguity stems from whether the US SEC will add Ether to a growing list of digital assets it deems to be unregistered securities, a designation that can make the tokens harder to trade, compared to Bitcoin’s  commodity status.

FTX bankruptcy team says exchange owed customers $8.7 billion

A new report from the FTX team that’s digging through the financial guts of the failed exchange said the company owed its customers $8.7 billion after commingling and misusing their deposits, and senior executives started hiding that trouble as early as August 2022.

BTC/USD fell 0.9% in the last session.

The last session saw the Bitcoin drop 0.9% against the Dollar. The ROC is giving a negative signal. Support is at 29901.6667 and resistance at 31349.6667.

The ROC is currently in negative territory.

ETH/USD plummeted 2.3% in the last session.

The Ethereum-Dollar pair plummeted 2.3% in the last session. The ROC is giving a negative signal. Support is at 1838.871 and resistance at 1959.571.

The ROC is giving a negative signal.

XRP/USD dove 2.6% in the last session.

The Ripple-Dollar pair dove 2.6% in the last session. The Ultimate Oscillator is giving a negative signal, which matches our overall technical analysis. Support is at 0.4759 and resistance at 0.5046.

The Ultimate Oscillator is currently in negative territory.

LTC/USD plummeted 1.3% in the last session.

The Litecoin-Dollar pair dove 1.3% in the last session. Th

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Author: Amara Khatri

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