Following a tumultuous start to April, the crypto market found itself in a sea of red. As an outlier to this trend, Litecoin stood out among the top 100 assets as it shows bullish movement, owing partly to its classification as a commodity by the Commodity Futures Trading Commission (CFTC). Litecoin – formerly part of...Read More
Litecoin has witnessed increased network activity recently, with its active addresses soaring to all-time highs. According to a tweet from blockchain data analysis platform IntoTheBlock, the number of active addresses on the Litecoin network surpassed 1.4 million on December 8, 2023. The number of active Litecoin addresses is spiking strongly, hitting a new all-time high...Read More
Litecoin (LTC) has experienced a monthly surge of approximately 20%, briefly surpassing the $74 mark, in tandem with a broader resurgence in the cryptocurrency market. The increased network activity has played a pivotal role in this upward trend. Data compiled by IntoTheBlock reveals that active addresses on the Litecoin Network have reached a six-month high....Read More
Despite a consistent drop in Litecoin’s (LTC) price, the number of addresses holding the world’s fifteenth-largest cryptocurrency for over 12 months has nearly doubled in the past year. According to the crypto analytic platform IntoTheBlock, the number of long-term LTC holders has just hit five million this week, indicating “growing confidence” in the asset. Five...Read More
According to data compiled by blockchain analytics firm IntoTheBlock, about 13% of Litecoin’s (LTC) total supply has remained untouched for five years. Analysts at the company speculated that the dormancy might be attributed to either “unwavering confidence” in the Litecoin project or the loss of assets. Regardless of the reason for the inactivity, the finding...Read More
Proof of work (POW) cryptocurrencies absolutely dominated gains last week. The SEC’s actions and plunging energy prices might be why. Plus, there’s Litecoin’s halving event happening next month. But there’s no denying the market’s recent moves. In fact, proof of work’s dominance during the last week in June was so absolute that four out of...Read More
Litecoin has launched the new privacy-focused MimbleWimble upgrade. The changes have proliferated across the network for use by LTC wallets and nodes. Will it bring new enthusiasm to the flagging PoW coin? Released earlier this month after a majority of nodes approved the MimbleWimble (MWEB) update, the upgraded implementation will be able to transact with...Read More
Following the SEC charges on Ripple and numerous cryptocurrency exchanges delisting the native token, Ripple has issued another statement to confirm its belief that this is an attack on the entire industry. XRP reacted with a brief pump, but the asset’s value continues to tumble on a daily basis. Ripple’s Latest Reaction On The SEC...Read More
Bitcoin Bitcoin saw another 4% price hike this week, which had it breaking above the $16,000 level to reach as high as $16,491 today. The coin has since dropped slightly to trade at $16,135 at the time of writing. Last week, the coin had surged into the $16,000 level, which caused it to roll over...Read More
Bitcoin Bitcoin saw an extraordinary 15.3% price surge this week which allowed the cryptocurrency to scratch the $16,000 level today. It has since dropped slightly to $15,500 but is still very much bullish. BTC started the week at $13,200. From there it headed higher into the $13,800 resistance but stalled at the weekend. As the...Read More
Bitcoin Bitcoin saw a very strong 13% price increase over the past seven days which allowed it to break above the $13,000 handle. At the start of October, Bitcoin managed to penetrate above a symmetrical triangle pattern which was the first sign that a bull run was about to form. After the breakout, it managed...Read More
Bitcoin painted a fresh yearly high of over $13,200 following promising news from PayPal. This time, the altcoins joined the ride, and the total market cap has surged by $23 billion since yesterday alone. Bitcoin Registers A New 2020 High Significant news emerged yesterday when the giant online payment processor PayPal announced it would enable...Read More
Litecoin development news has been lacking recently, with all of the attention focused on Ethereum’s ongoing testing of Beacon Chain. That has changed with the recent launch of the MimbleWimble (MW) testnet. As it has only just gone live, there are a few nodes connected and mining, the official blog post stated. The MW protocol...Read More
Bitcoin has stayed in a relatively tight range between $10,500 and $10,600. Most large-cap altcoins performed similarly, except for Binance Coin. After a 9% increase for the week, BNB now occupies the 5th spot in terms of total market cap. Bitcoin Remains In A Tight Range Following the recent price declines from Friday and early...Read More
Bitcoin has remained relatively calm since yesterday, however, couldn’t overcome the following marked descending trend-line on the 4-hour chart, just around $10,800. The situation among larger-cap altcoins is rather similar, except for Binance Coin (BNB), which has climbed to the 6th position. Bitcoin Can’t Break Above $10,800 In the past 24 hours, the primary cryptocurrency...Read More
Litecoin is poised for more gains after moving out from a four-weeks downward range. A break above 0.0050 BTC level would signal strength. The price is currently looking bullish across trading pairs. LTC/USD: Litecoin Aiming To Jump Above $48 Key Resistance Levels: $47.68, $50.7, $56 Key Support Levels: $44, $42, $39 LTC/USD. Source: TradingView For...Read More
Litecoin is currently facing monthly resistance, but the future looks very promising for the bulls Against Bitcoin, the price continued to follow a bearish sentiment on a short-term perspective If a rebound fails at the 0.005575 BTC support level, Litecoin may roll back to March low LTC/USD: Litecoin Stuck At Resistance Key Resistance Levels: $47.68,...Read More
Litecoin could start fresh increase if buying pressure increases above immediate resistance Against USD, Litecoin is following a lower low and lower high pattern on the 4-hours chart A break below 0.00585 BTC support may cause serious bearish action for the LTC/BTC pair, but a triple bottom pattern is much likely to play out. LTC/USD:...Read More
Litecoin increased by a small 7% over the last week of trading as it reached $40. The cryptocurrency has been trading within a rising wedge formation for the past 2-weeks. Against Bitcoin, Litecoin continues to create fresh lows each day during March. Key Support & Resistance Levels LTC/USD: Support: $39, $35, $32.50. Resistance: $42, $44,...Read More
Bitcoin (BTC) Yesterday, the price of Bitcoin crashed by over 40%, following the emerging global market crisis. Before this fatal plunge, Bitcoin showed signs of weakness consolidating around the $8000 mark for three days. Meanwhile, this whole bearish scenario started from a mid-February high of $10,500, which was later confirmed by a bearish head-and-shoulds pattern,...Read More
Litecoin trades around the lower boundary of a falling wedge pattern and might find support here. Against Bitcoin, Litecoin continued to lose momentum after facing strong resistance around 0.006375 BTC earlier today and getting rejected. If the price drops below the immediate support, a further decline may develop from this point. LTC/USD: Litecoin Remain Trapped...Read More
Litecoin dropped by a steep 15.5% over the past 7-days of trading as it falls to $61. The latest price decline has brought it beneath both the 200-days and 100-days EMAs. Against Bitcoin, Litecoin has also dropped in to support at the 100-days EMA. Key Support & Resistance Levels LTC/USD: Support: $58, $56.50, $54 Resistance:...Read More
Among the top 20 cryptocurrencies, Litecoin is the best-performer after surging almost 15% under 24-hours. After correcting to $52 last weekend, buyers managed to keep Litecoin’s momentum alive. Litecoin’s latest surge allows trends in the same direction across trading pairs. LTC/USD: Litecoin Surged 15% To Overcome $64, Now Regrouping For More Gains Key Resistance Levels:...Read More
Liteocin saw a 20% price surge this week that allowed the price for the coin to rise toward the $54 level. Against BTC, LTC has also increased as the market meets resistance at the 100-days EMA. Litecoin has now shot back into the 7th ranked position with a market cap of $4.64 billion. Key Support...Read More
Bitcoin Bitcoin went through a rollercoaster of price action this week. On Monday, the cryptocurrency started to fall, and it dropped by a total of 10% by Tuesday to reach a low of $6,430. However, after that, it rebounded higher, gaining a total of 15% to climb back above the $7,000 level and reach the...Read More
