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Litecoin (LTC)

LTC/USD Analysis: Litecoin Is About To Reverse The Trend

Litecoin, the 5th altcoin based on the total market cap, has been quiet recently in terms of new updates and partnerships. Litecoin brands themselves as the Silver of the crypto-assets, whereas Bitcoin is Gold.Litecoins price action for the past quarter, since the October’s MimbleWhimble update. The price is strictly bound to the crypto-market’s sentiment and Bitcoin’s price action. By the time of writing of this article, LTC/USD is traded at $133.50 and is currently traded below the moving...

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Gene Simmons Lists Bitcoin, Ethereum, Litecoin, XRP, Dogecoin among His Investments

From Gene Simmons’ list of digital assets, both XRP and Dogecoin have been involved in tremendous gains in the past few days mostly fueled by the WallStreetBets speculation frenzy.American musician, entrepreneur, and television personality Gene Simmons has listed some of his digital assets that he has chosen to include in his investment portfolio. According to tweets from his page, Simmons has invested in Bitcoin, Ethereum, Litecoin, Dogecoin and XRP.I’m not recommending any of this to...

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Litecoin (LTC) Price Analysis: Testing Crucial Support at $120

Litecoin price started a fresh decline below the $135 and $130 support levels against the US Dollar.LTC price is trading just above the $120 support and it is well below the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $136 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct higher, but it is likely to face many hurdles such as $135 and $140.Litecoin price is showing bearish signs below $135 against...

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Defi Token Polkadot Continues to Jump Like There’s No Tomorrow

The crypto space is tanking as of late. Bitcoin has fallen by about ten percent in the past two days, while Ethereum, Ripple, Cardano and Litecoin have all taken dips of anywhere between five and ten percent. However, not every asset is down in the doldrums at the time of writing. Some, such as Polkadot, have retained their high prices and appear poised for more gains in the coming weeks.Polkadot Continues to Thrive Like No Other CoinPolkadot is the provider of what’s known as the dot token,...

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Bitcoin Experiences Major Dip; Loses 10% in 48 Hours

Bitcoin has tanked. The world’s number one cryptocurrency by market cap has fallen all the way from around $40,000 just a few weeks ago to about $31,000 per unit at press time. While this has all happened before during the month of January, this time around feels somewhat different.Bitcoin Is Falling Into OblivionThe currency has lost about ten percent in the last two days. Just yesterday, the asset was trading for around $34,000, which means it has lost another $3,000 off its most recent...

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LINK Soars 25% To New ATH As Bitcoin Recovers $5000 (Weekend Watch)

After a few consecutive days of price drops, bitcoin has regained some value and has jumped to around $33,000. However, most alternative coins have outperformed their leader with massive gains and have reduced BTC’s dominance over the market to 64%.Exploding Alts, New ATH For LINKThe past several days have been rather harmful to the altcoins as the cumulative market capitalization lost about $200 billion to beneath $900 billion.However, most alts have bounced off hard in the past 24 hours...

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Litecoin (LTC) Price Analysis: Holding Uptrend Support at $140

Litecoin price struggled to clear the $165 resistance and corrected lower against the US Dollar.LTC price is trading close to the $140 support zone and the 55 simple moving average (4-hours).There is a major rising channel forming with support near $140 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a fresh increase towards $165 or decline heavily below $140 in the near term.Litecoin price is struggling to gain bullish momentum above $150...

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Time of Blockchain Has Come, Says Bohdan Prylepa

Bohdan Prylepa believes that the biggest strength of Blockchain comes from the fact that it is run by its users.2020 has been an exciting year for crypto-enthusiasts and blockchain investors. The total market capitalization of more than 8,100 cryptocurrencies has been hovering near the mark of $700 billion. At the beginning of 2020, the combined market capitalization of the crypto universe was less than even $200 billion. Riding on the back of Bitcoin’s fierce bull run, the market scaled new...

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Huobi Global releases details of crypto buying campaign and RUB withdrawals/deposits

Recent news from global cryptocurrency exchange Huobi has seen the platform announce user support for the Russian Ruble (RUB). This latest development will mean that Huobi users can now withdraw and deposit in Russian Rubles. This is, of course, great news for the long-term success of the exchange itself and also users there who have been waiting for RUB support on the platform. This is not the only new announcement made by the company though. They have also released details of users now...

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Deutschland: BaFin warnt vor Bitcoin-Hype

Die Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) ist eine rechtsfähige deutsche Bundesanstalt mit Sitz in Frankfurt am Main und Bonn. Sie untersteht der Rechts- und Fachaufsicht des Bundesministeriums der Finanzen. BaFin warnt Verbraucher vor Risiken bei Investments: Die BaFin nimmt die Kursentwicklung auf den Märkten für Kryptowerte zum Anlass, Verbraucherinnen und...

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