TheSpuzz Desk

Litecoin traders say LTC price dips below 0 are ‘accumulation’ opportunities

Litecoin traders say LTC price dips below $100 are ‘accumulation’ opportunities

Source: Coin Tegraph After a period of outperformance against major crypto assets, Litecoin’s (LTC) price dropped as low as $94, a 26% fall from the weekly open. While the trade wars between the US, Canada, China, and Mexico continue to pressure the crypto market, multiple analysts have pointed out a potential opportunity in Litecoin.  Litecoin dip follows…

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What went wrong with Skype?

What went wrong with Skype?

Source: The Verge Skype was Microsoft’s biggest-ever acquisition in 2011, a deal brokered by former CEO Steve Ballmer when the company was trying to compete with the rise of the iPhone. But after spending $8.5 billion on Skype, Microsoft dropped the ball again and again over the past 14 years, to the point where Skype…

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Ethereum At A Crossroads: Price Testing The Lower Boundary Of A Key Chart Pattern | TheSpuzz

Ethereum At A Crossroads: Price Testing The Lower Boundary Of A Key Chart Pattern | TheSpuzz

Source: Bitcoinist Since the beginning of this year, Ethereum has underperformed compared to major digital assets in the market. ETH’s underperformance has sparked concerns within the community, with traders finding it difficult to determine whether the altcoin is gearing up for a major rally or further downside pressure. However, current price action shows that ETH…

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Bitwise makes first institutional DeFi allocation

Bitwise makes first institutional DeFi allocation

Source: Coin Tegraph Bitwise Asset Management has made its first institutional decentralized finance (DeFi) allocation, depositing into Maple Finance’s overcollateralized Bitcoin loans, Maple told Cointelegraph on March 6.  Maple did not disclose the size of the investment but confirmed that Bitwise’s allocation is represented in Dune Analytics total value locked (TVL) figures for Maple’s “blue…

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Japan’s ruling party moves to slash crypto capital gains taxes to 20%

Japan’s ruling party moves to slash crypto capital gains taxes to 20%

Source: Coin Tegraph Japan’s Liberal Democracy Party (LDP), the ruling party in Japanese politics, is moving ahead with comprehensive regulatory reform on cryptocurrencies that would slash the capital gains tax on crypto to 20% and categorize digital assets as a distinct asset class. According to LDP lawmaker Akira Shiizaki (Akihisa), cryptocurrencies will be categorized as…

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