Litecoin (LTC)

Litecoin price is declining and trading well below the $50.00 level against the US Dollar.LTC price is struggling to recover above the $46.50 and $47.20 resistance levels.There is a major declining channel forming with resistance near $46.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to extend its decline below the $44.00 and $42.00 levels in the near term.Litecoin price is trading in a major downtrend against the US Dollar and bitcoin. LTC price...

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.BTC and ETH are forming reversal patterns both on the RSI and the price charts. Of course, buying on the falling market is not always a good idea. To be sure, a buyer must see a breakout of the closest resistance lines. The other altcoins follow the leading assets but show no reversal patterns...

According to the popular cryptocurrency monitoring resource, CoinMarketCap, 93% of all Litecoin in circulation changed hands yesterday, December 2nd. As pointed out by one of the prominent analysts in the field, the issue with wash trading is getting out of hand and it’s undoubtedly something to be considered.Wash Trading Volumes On CoinMarketCapMati Greenspan, one of the more prominent and popular cryptocurrency analysts in the field, pointed out yesterday that the issue with displaying wash...

Two of the biggest shopping events in the world are Black Friday and Cyber Monday. On both days, merchants and retailers considerably crash their prices so much that it causes such a frenzy among shoppers. In many cases, people wait till any of these days to make purchases they could have made at other times in the year, taking advantage of significant price slashes – sometimes up to 90% on selected items with selected retailers. As Amazon’s Cyber Monday begins and people begin to shop,...

Place/Date: - December 2nd, 2019 at 9:00 am UTC · 4 min read Contact: BitTok, Source: BitTok Photo: BitTokFrom the perspectives of appreciation capabilities, liquidity, and security, the launch of multiple blockchain assets in batches this time will not only helps attract a large number of digital asset enthusiasts, but also enriches the choice for users and provides them with more diverse investment options. At the same time, it also marks the gradual improvement of the new ecosystem...

Litecoin, one of the most popular cryptocurrencies aside from Bitcoin, is noting a recent severe crash in its hash, almost reaching the 2017 levels.This decline comes just months following the 2019 Litecoin halving event. It raises the question among the community if Litecoin’s network can be jeopardized more easily if the hash rate continues to drop.Litecoin Hash Rate PlungingLitecoin’s hash rate is declining violently over the past six months. The all-time high was reached during the recent...

First of all, Happy Thanksgiving y’all. Be thankful for your life, your family and, hopefully, your wallets. Hope you had a nice dinner and it prepared you for the Christmas holidays.  However, today is Black Friday and even though it should remind us on the awful things done to the slaves in the U.S. back in time, it should remind us that, except this should never happen again, we could use this date to do something good – for someone, or for us (‘cause you have to love yourself,...

Banking app Revolut has introduced a new feature that will allow many users to use the app just like any other bank account. The introduction of the direct debit feature for the UK pound has enabled users to be able to pay for goods and services with direct debit as it is becoming the norm for many businesses at the moment. Already Euro direct debit services were started last year. Many businesses prefer direct debits as card transaction fees and chargebacks are usually more problems than...

The recent Upbit hack crashed all the cryptos down and again reminded crypto investors how vulnerable this sector is. However, this was the last among seven majors hacks that happened this year. So, let’s mention some of them:CryptopiaAround January 15, New Zealand-based cryptocurrency exchange Cryptopia said there was $3.2 million in tokens stolen and the company went into the liquidation. However, on Jan. 20, it was reported that as much as $16 million worth of Ethereum (ETH) and ERC20...

Litecoin price is recovering nicely and trading above $45.50 against the US Dollar.LTC price is currently trading near a major resistance area at $48.80 and $49.20.There is a significant bearish trend line forming with resistance near $48.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to surge higher once it clears the $49.20 and $50.00 resistance levels.Litecoin price is attempting a crucial upside break against the US Dollar and bitcoin. LTC price...