Litecoin price is facing resistance near the $220 zone against the US Dollar. LTC price is now trading near $205 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $211 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh decline if it fails to stay above the $200 support. Litecoin price is consolidating above $200 against the US Dollar, similar to bitcoin. LTC...
Read More »Grayscale Launches Solana Trust for Accredited Investors
Grayscale Investments, the digital asset manager with over $50B in AUM, announced the launch of its 16th investment vehicle – the Grayscale Solana Trust. The company’s press release, dated November 30th, explained that the new Trust will “solely and passively” invest in SOL – the native cryptocurrency of the popular blockchain project, Solana. The product is already available for daily subscriptions by eligible individual and institutional accredited investors. The Grayscale...
Read More »VZ VermögensZentrum kooperiert mit Sygnum Bank
Sygnum Bank gibt bekannt, dass sie das VZ VermögensZentrum, ein unabhängiges Schweizer Finanzdienstleistungsunternehmen, das an der SIX Swiss Exchange kotiert ist, als neuesten Partner für ihre B2B-Banking-Lösung gewonnen hat. Die Marktkapitalisierung von Kryptowährungen hat mittlerweile fast USD 3 Billionen erreicht, was auf die stetig wachsende Akzeptanz durch institutionelle Anleger und die Klarheit der Regulierung auf der ganzen Welt zurückzuführen ist. Die hohe Nachfrage nach...
Read More »Litecoin (LTC) Price Analysis: Key Hurdle Nearby At $240
Litecoin price extended its decline below the $232 support against the US Dollar. LTC price is now trading below $232 and the 55 simple moving average (4-hours). There is a major bearish trend line is forming with resistance near $235 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could face a strong selling interest near the $235 and $240 levels in the near term. Litecoin price is consolidating above $200 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Bears Aim More Downsides
Litecoin price started a fresh decline from the $280 resistance against the US Dollar. LTC price is now trading below $250 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $255 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could extend losses if there is a break below the $220 support zone. Litecoin price is moving lower and trading below $240 against the US Dollar, similar to...
Read More »Crypto Market Cap Lost $100B in a Day as Bitcoin Dropped to a Weekly Low
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,...
Read More »Litecoin (LTC) Price Analysis: Bulls In Control Above $240
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,...
Read More »Litecoin Price Analysis: LTC Surges 20% Daily, Reaches Highest Price Since May
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...
Read More »Commonwealth Bank in Australia Will Give Customers Access to Crypto
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...
Read More »Man Behind Twitter’s Infamous 2020 Hack Charged With Crypto Theft Worth $784,000
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...
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