Litecoin (LTC)

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...

Proof of Work, a consensus mechanism, has proved to be the backbone of some of the leading and widely-adopted blockchain networks. These include Ethereum, Litecoin, and, of course, Bitcoin.Many from the blockchain industry have wondered how come Proof of Work (PoW) remained so resilient over all these years. Some are even baffled by its resilience as it has withstood a long list of challenges like growth, performance, and security issues over the years.Key Takeaways From 5 Years of PoWThe...

Litecoin price is struggling to stay above the $42.60 support zone against the US Dollar.LTC price is now trading well below the $44.00 level and the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $43.05 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a fresh increase above $44.00 or it might dive below the $42.60 support.Litecoin price is showing a few bearish signs below $44.00 against the US...

The cryptocurrency market volatility never went up as a lot of assets are still “stuck” within their respective sideways channel.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.Of course, any serious movement will start only after the assets break these sideways ranges. However, one can already see the formation of signals in favor of further downtrends on...

Bexplus provides BTC, ETH, LTC, EOS and XRP perpetual contracts for futures trading as well as 100x leverage. With its intuitive interface and demo account, beginners can learn to trade and improve their skills. As the crypto world anxiously waits for Bitcoin to make a move, whether upward or downward, the lackluster cryptocurrency finally broke the $9,400 resistance, a level it has not visited since June 24. This gives hope to bulls who believe Bitcoin could return to $10,500 or even...

Litecoin price started a fresh increase from the $40.50 and $40.00 support levels against the US Dollar.LTC price is now trading nicely above the $44.00 level and the 55 simple moving average (4-hours).There was a break above a significant bearish trend line with resistance near $42.30 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is currently consolidating near the $45.50 resistance and it could continue to rise.Litecoin price is rising again and trading above...

The cryptomarket is recovering after finishing another descending wave. However, there are no clear signals for further uptrend so far.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 is still moving below an important area and only a breakout of $10,400 may indicate a new bullish rally. Ethereum is looking pretty strong. Here, the pair is once again...