Litecoin price surged above $85.00 and traded as high as $94.09 against the US Dollar.LTC price started a sharp downside correction below $80.00 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $71.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well supported as long as there is no close below the $70.00 support zone.Litecoin price is currently correcting gains from $94.00 against the US Dollar,...
Read More »Smaller Assets Like Ethereum Are Booming As of Late
It looks like everyone has been so obsessed with bitcoin as of late that people have forgotten about some of the smaller coins that the asset is known to compete with. Currencies such as Ethereum, Litecoin, Ripple’s XRP and Chainlink.Ethereum and Smaller Assets Are Also BoomingTo an extent, we can’t blame individuals for looking away considering how well bitcoin has been doing. The currency has reached its highest point in three years and is presently trading for well over $18,500. At the...
Read More »Bitcoin’s 14% Weekly Increase Eyes the ATH: The Crypto Weekly Market Update
Ignoring all known rules of gravity, Bitcoin has taken for the skies, and it shows absolutely no signs of slowing down. This week the cryptocurrency is up by another 14% and is currently trading just about 6% below its all-time high of around $20,000 reached in December 2017.The week started off fairly calmly, and some were even thinking that there is a correction incoming. This wasn’t the case, as right after the weekend, BTC started moving… up. It breached its former high on Wednesday and...
Read More »Crypto Price Analysis & Overview November 20th: Bitcoin, Ethereum, Ripple, Litecoin, and Polkadot
BitcoinBitcoin went through another powerful 15% price surge this week, which saw the cryptocurrency climbing over $18,000 and reaching as high as $18,800. It was trading at $16,400 last Friday, and it struggled to break this resistance over the weekend.This change on Monday, when Bitcoin started to surge higher. It quickly managed to push above $17,000 and break the resistance at the 2018 High at $17,186. The bull run continued higher throughout the week until resistance was found at around...
Read More »Litecoin (LTC) Price Analysis: More Upsides Possible Above $80
Litecoin price started a steady increase above the $70.00 resistance against the US Dollar.LTC price traded close to $78.00 and it settled above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $66.70 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to resume its rise if it clears the $76.00 resistance level in the near term.Litecoin price is showing positive signs above $70.00 against the US Dollar,...
Read More »Grayscale Total Assets Under Management Surpasses $10 Billion
Grayscale previously reported that as of October 30, the total assets under management stood at $7.6 billion. In less than a month it has hit a new milestone.Leading digital currency investment firm Grayscale Investments LLC has reported that its total assets under management (AUM) have surpassed the $10 billion level as of November 17. According to an official update on its Twitter page, the net assets under management stand at $10.4 billion.Whereby Grayscale Bitcoin Trust leads with $8.851...
Read More »Crypto Twitter Bullies PayPal for its Definitions of Bitcoin, Ethereum, Litecoin and BCH
When the Crypto Twitter community reacts, it does so in a big way. And when the guys from the Bitcoin neighborhood unite, there’s nothing to stop them, especially when it comes to criticizing traditional financial institutions —whether they’re crypto-friendly or not. If this seems hard to believe, ask PayPal, who had to deal with significant criticism after publishing something about Bitcoin that was not swallowed easily by the Crypto Twitter community. What PayPal Did In...
Read More »Paypal ouvre son service d’achat et de vente de cryptomonnaies aux Etats-Unis
PayPal a annoncé hier l’ouverture aux Etats-Unis de son service d’achat et de vente de cryptomonnaies (Bitcoin, Ethereum, Bitcoin Cash, et Litecoin). La limite hebdomadaire d’achat est finalement 20000 USD, soit le double de ce qui a été initialement annoncé. D’autres zones géographiques pourraient être intégrées au cours du premier semestre 2021. Attention : PayPal ne permet pas le retrait des...
Read More »Litecoin (LTC) Price Analysis: Key Support Nearby at $57
Litecoin price started a downside correction after testing the $65.00 resistance against the US Dollar.LTC price is currently testing the $58.00 support and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $60.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to resume its rise if it clears the $60.00 resistance level in the near term.Litecoin price is correcting gains and trading near $58.00 against...
Read More »Smaller Assets Like Ethereum Are on the Rise
A very cool thing is happening as of late. While bitcoin makes another attempt at $20,000 – a figure it hasn’t seen in nearly three years – the currency’s positive vibes are rubbing off on other coins, such as Ethereum, Litecoin, Chainlink and Ripple’s XRP, all of which are up significantly up at press time.When BTC Does Well, Assets Like Ethereum Do WellMany people tend to speculate on how well assets correlate with each other. The truth is that in the world of crypto, all smaller...
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