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Day: January 29, 2023

Litecoin (LTC) Displays Consolidation – Can We Expect a Reversal Soon?

Litecoin (LTC) Displays Consolidation – Can We Expect a Reversal Soon?

The Litecoin price has shown considerable recovery ever since it reached its bottom in December 2022. Price noted a decline as LTC receded from the overbought zone. Buyers still have the upper hand on the chart but a continued fall in accumulation will cause bears to secure Litecoin’s price action. Litecoin met with two rigid resistance levels before it started to move south again. Immediate resistance stood at $90, and if demand for the altcoin remains steady, then LTC might breach the $90 price mark. A continued price correction will force LTC to fall below the $86 price mark and settle at $82. News Sorce

Sam Bankman-Fried denies he tried to sway witness, awaits possible contact restrictions

Sam Bankman-Fried denies he tried to sway witness, awaits possible contact restrictions

Sam Bankman-Fried, the former CEO of FTX, has refuted accusations that he attempted to sway a possible witness. Government representatives had claimed that Bankman-Fried tried to do this and asked for communication limitations in a court filing on January 27.SBF tried to contact FTX US General Counsel via encrypted messaging app Signal. Ryne Miller has information that could incriminate Bankman-Fried. Miller was present at FTX at the time of its collapse and participated in online company groups on apps such as Signal and Slack. News Sorce