Litecoin (LTC)

Following a recent update, the New York State Department of Financial Services (NYDFS) has approved eight cryptocurrencies for sale and trade and ten digital assets for custody by licensed entities.NYDFS License Cryptocurrencies For Trading And CustodyIn the latest update posted, the NYDFS has outlined the importance of regulating all assets available for purchasing and trading in the state. The department responsible for regulating financial services and products has been exploring multiple...

Le 2 mai 2020, Monokh, un chercheur en sécurité a signalé une vulnérabilité dans les applications dérivées de Bitcoin (Litecoin, Dogecoin… liste disponible ICI) qui pourrait être utilisée pour inciter les utilisateurs à signer une transaction pour une cryptomonnaies différente que celle pour laquelle ils souhaitent signer. En exploitant cette vulnérabilité, quelqu’un de malveillant pourrait par exemple faire signer à l’utilisateur une...

A long-expected growth of volatility finally came and a lot of cryptoassets left their respective sideways channels.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Right now, they are steadily growing and demonstrating excellent dynamics. On shorter times frames, many assets are forming different patterns in favor of further bullish tendencies. For bulls,...

Litecoin price gained bullish momentum above the $45.00 and $50.00 resistance levels against the US Dollar.LTC price traded to a new monthly high at $58.07 and settled above the 55 simple moving average (4-hours).There is a short-term contracting triangle forming with resistance near $55.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could start a fresh rally if it clears the $55.50 and $56.00 resistance levels in the near term.Litecoin price is trading in a...

Messari crypto researcher, Ryan Watkins, has recently delved into the market values of the decentralized finance sector, comparing it to some of the other players in the crypto industry. He concluded that DeFi is still a minnow despite its massive growth in popularity this year.The entirety of what we call DeFi is worth less than both XRP and Bitcoin Cash alone.Despite its rerating over the past couple months, DeFi is still extremely small in perspective.1/ pic.twitter.com/rd4LZbDeu6— Ryan...

Grayscale Investment, operators of the largest crypto hedge fund, is close to reaching a $5B valuation after adding $500M to its assets under management (AUM) is less than a week. Meanwhile, other cryptocurrency funds like Tetras Capital are shuttering after low returns despite market-wide recovery since Black Thursday. Grayscale Crypto Fund AUM at $4.8B Tweeting on Monday, Grayscale revealed that its crypto fund AUM was currently at $4.8B. Comparing with the figures from five days ago, it...

The Financial Industry Regulatory Authority – or FINRA – has given the greenlight to new bitcoin cash and Litecoin funds being introduced by Grayscale, the crypto investment platform designed for institutional traders.Grayscale Brings BCH and LTC to Institutional TradersKnown as the Bitcoin Cash Trust and the Litecoin Trust, Grayscale is working to lessen the gap between crypto and the rest of the financial world. The company already has both bitcoin and Ethereum-based trusts in its...

The cryptocurrency market was overwhelmed by bulls over the last 24 hours.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Bitcoin added 2% and was trading close to $9,400. Today, the asset is correcting. At the moment, any somewhat significant impulse is perceived as the start of another mid-term wave. However, this time these expectations may be justified....

Litecoin price started an upside correction from the $41.50 support zone against the US Dollar.LTC price is now trading well below the $42.50 level and the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $44.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could struggle to clear the $44.50 and $45.00 resistance levels in the near term.Litecoin price is slowly moving higher towards $45.00 against the US...

The leading digital asset management company Grayscale Investments has received approval from FINRA for public quotations for two more of its cryptocurrency products. Consequently, shares of both Grayscale Bitcoin Cash Trust (BCHG) and Grayscale Litecoin Trust (LTCN) have become the first publicly-quoted securities in the US deriving value from Bitcoin Cash (BCH) And Litecoin (LTC).FINRA Approves Grayscale’s BCH And LTC TrustsAccording to the official announcement from the digital currency...