Litecoin (LTC)

Photo: ShutterstockBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex.The buyers managed to demonstrate a good bounce upwards. Currently, such assets as the Bitcoin or Bitcoin Cash promise interesting growth. While on the BCH/USD chart there seems to be a reversal Head and Shoulders pattern forming, hinting on further growth, the Bitcoin is yet preparing for leaving the borders of the channel and go on rising confidently.Unfortunately, the Ethereum, Litecoin, and EOS remain under pressure....

Bitcoin went on one of its most impressive price rallies last week, surging over 42% in just a day. Not only did this made last week the best one for Bitcoin since May, but it also returned the positive sentiment to the market, which had previously been fairly bearish. However, the price has since retraced and is currently trading at around $9,200. Interestingly enough, BTC flash-crashed to slightly above $9,000 earlier today, but it managed to recover fairly quickly. At the time of this...

The Litecoin Summit is unfolding in Las Vegas, and MimbleWimble is center stage. Litecoin is on its way to becoming a privacy coin, which for Charlie Lee is about fungibility. The privacy push is a risky one that could cost the coin exchange listings in some countries. It’s no secret that Litecoin wants to become a privacy coin. Litecoin Creator Charlie Lee made that clear when he revealed a change in direction for the project, chief among which involved partnering with a Grin...

The cryptosphere is generally still celebrating Bitcoin’s spike to levels above $9,500 a few days ago, after it fell more than $500, a while before that. Currently, the market seems a tad invigorated by the Bitcoin rally and there is now a lot of hope that all of the bullish forecasts that swept the sector, could actually come to pass.Not only did Bitcoin surge, but as its wont to do, it seemed to carry major altcoins along with it, with some of them shooting up to 30%. In the same vein, the...

Chinese President Xi Jinping announced support for blockchain last Thursday. The news was welcomed by the crypto community as Chinese altcoins such as NEO, TRON and Qtum skyrocketed over the weekend. Analysts believe that there’s more to the hype and speculation that powered the move of Chinese coins in their USD and BTC pairs. Chinese President Xi Jinping announced on Thursday that his country should “take the leading position in the emerging field of blockchain,” according to a...

Featured articleIt’s been a rough year for altcoins. Most of them have shown a significant decline this year, while Bitcoin continues to dominate the market. At the time of writing, Bitcoin accounts for over two-thirds of the entire market value. Hence, many are wondering if we are witnessing an “altcoin apocalypse” of sorts. A few industry experts offer their take on the future of altcoins while YouHodler offers up a few solutions for altcoin traders and Hodlers.Altcoin hype is over, but the...

It’s safe to say that the last few days have been nothing short of turbulent for Bitcoin. After trading in a close range for a few weeks with rather low volatility, the cryptocurrency last week recorded its largest daily price increase since 2011. In a span of about 24 hours, it surged by more than 40%, rising as high as $10,350.Predictably, a correction soon followed. Bitcoin shed about $1,000, as its price fell to around $9,400. Bitcoin’s dominance rate also increased notably. Prior to the...

Stable currencies are all the rage as of late. Given the price volatility of many mainstream cryptocurrencies such as bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and bitcoin cash (BCH), some are looking for new ways to ensure their safety while also investing in digital currencies, and now it looks like stable currencies are about to get a big regulatory boost.Could a New Bill Make Stable Currencies Mainstream?A new bill has been opened in Congress called the “Stable Coins Are Securities...

Bitcoin’s epic surge has lifted the entire crypto market, with one notable exception: ripple (XRP) Ripple is barely treading water, while most of its peers are enjoying meteoric gains. Crypto analysts say there are three reasons XRP is struggling. It’s been quite a while since most cryptocurrencies posted tremendous gains. Major coins such as bitcoin, bitcoin cash, and bitcoin sv are up by over 15 percent. Other coins in the top ten were not far behind, with litecoin and ethereum...

The fall of the Bitcoin price to June lows on Wednesday may just be a harbinger of more pain to come for cryptocurrency enthusiasts and hodlers. According to the CEO of crypto merchant bank Galaxy Digital Mike Novogratz, Bitcoin could drop to below $6,500, a level last recorded in May. Bitcoin price in sideways movement with no direction yet Given that the Bitcoin price was at around $8,000 before the midweek drop, this would represent a decline of nearly 20% from Wednesday....