Litecoin (LTC)

The bears continued to push bitcoin south in the past 24 hours, and the asset dropped to a weekly low of just over $62,000. Most altcoins are also in the red, with Litecoin losing the most value in a day. Bitcoin Saw a Weekly Low Just a few days ago, the primary cryptocurrency broke its previous ATH two times in a row, and the latest peak came at $69,000. As the community was anticipating another run up to $70,000, the entire landscape changed. Instead of going upwards,...

Litecoin price found support near $200 and started a fresh increase against the US Dollar. LTC price is now trading above $220 and the 55 simple moving average (4-hours). There was a break above a key declining channel with resistance near $200 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise towards $320 unless it fails to stay above the $220 level. Litecoin price is climbing higher above $240 against the US Dollar,...

Key Support level: $236 Key Resistance level: $370 Litecoin has been consolidating since May, and the price started to increase slowly from July. However, in the past two days, LTC had a major breakthrough and started to increase. It surged by around 20% in 24 hours. It also set a 6-month high. Litecoin also broke above the $236 resistance and turned it into support. Because of LTC’s lacking performance, the next major resistance can be measured at around $370, which is a...

A major bank in Australia known as the Commonwealth Bank will allow users to buy and sell cryptocurrencies through its app. This is a first for such a major institution in the Outback nation. The Commonwealth Bank Is Bringing Crypto to Customers The bank has established partnerships with firms such as the Gemini Exchange in New York and blockchain analysis company Chainalysis to offer the new app to its more than six million users. Individuals can utilize the tool to...

Joseph James O’Connor, one of the perpetrators of the massive Twitter hack last year, has been charged with yet another crime that involves the theft of $784,000 worth of cryptocurrencies via a SIM swapping scam. Charged With Crypto Theft Reuters reported that U.S. prosecutors in Manhattan said the fraudulent scheme, which ran from March to May 2019, saw the 22-year-old alongside his accomplices targeting three cryptocurrency company executives. The prosecutors noted that...

Erstes Büro in der Schweiz: Bitmex plant nach Europa zu expandieren. Das sind mal News, denn Bitmex ist eine der granz grossen Bitcoin-Börsen. Erhält die Schweiz endlich eine echte Bitcoin-Börse? Mit Hauptsitz auf den Seychellen, einem Inselstaat im Indischen Ozean, ist Bitmex eine der weltweit führenden Kryptobörsen für Bitcoin-Derivate. In einer Mitteilung am letzten Sonntag gab das Unternehmen bekannt, im Januar 2022 ein Büro, entweder in Zug...

Das letzte grosse Bitcoin-Upgrade ist bereits vier Jahre her und spaltete damals die Community – im wahrsten Sinne des Wortes. Das Update namens SegWit ging 2017 an den Start und führte effizientere Transaktionen auf der Bitcoin-Blockchain ein. Gleichzeitig sorgte das Update für einen so genannten „hard fork“, eine Abspaltung im Bitcoin-Netzwerk. Ab diesem Zeitpunkt gab es nicht nur Bitcoin, sondern auch die Kryptowährung Bitcoin Cash. Beim neuen...

Litecoin price started a fresh increase from the $172 support against the US Dollar. LTC price is now trading above $195 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $195 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise as long as it is above the $188 support level. Litecoin price is moving higher and trading near $200 against the US Dollar, similar...

Knappheit: Gehen den Bitcoin-Börsen die Coins aus? Wie man in dieser Grafik sieht, nehmen die Bitcoin-Bestände auf den Hot Wallets der Bitcoin-Börsen ab. Nachdem der Bitcoin kürzlich ein neues Allzeithoch erreicht hat, befindet sich der Kurs aktuell in einer Konsolidierungsphase. Was aber viel brisanter ist: Wie lange gibt es noch Bitcoins? Von den 21 Millionen Bitcoins, welche insgesamt hergestellt werden können, sind bereits rund 18,9 Millionen...

Introduction: What Is Crypto Mining!! Most people think of crypto mining simply as a way of creating new coins. Crypto mining, however, is the process of validating cryptocurrency transactions on a blockchain network and adding them to a distributed ledger. However, the challenge of a digital currency is that digital platforms are easily manipulated. Bitcoin’s distributed ledger, therefore, only allows verified miners to update transactions on the digital ledger....