The continuous downtrend for Litecoin and multiple altcoins in 2023 projects a strong resistance trendline. Leading to a streak of lower highs, the LTC price finally forms a solid footing close to $60, teasing a bounce back to reclaim trend control. Therefore, despite the strong resistance trendline, the LTC price prediction holds a bullish torch...Read More
October began bullish for the crypto market, with Bitcoin price tapping the $28K level. However, just as ‘Uptober’ was getting started, it experienced a halt as large and long-term holders began booking their profits. Although this momentarily faded the revival of the ‘Uptober’ trend, the market has since rebounded significantly due to increased buying demand...Read More
After weeks of sideways trading, Litecoin finally broke free from its resistance level, sparking a wave of buying demand among investors. The digital silver to Bitcoin’s gold is currently aiming for a $70 price point following the bullish breakout. However, there’s a growing concern about a plunge from the upcoming resistance level as the LTC...Read More
In a trading environment where a bearish outlook has taken center stage, leading to heavy asset liquidation every hour, Litecoin (LTC) is capturing attention for all the right reasons. As traders prepare for another wave of selling pressure following tomorrow’s highly awaited court approval that will enable FTX to offload its $3.4 billion in cryptocurrency...Read More
In the past week, Bitcoin has experienced significant price fluctuations within its consolidation range, influenced by various macroeconomic factors such as Jerome Powell’s address. As Bitcoin falls short of meeting the short-term bullish expectations of investors, capital is increasingly flowing into the altcoin sector. Looking ahead to the coming week, a substantial recovery rally in...Read More
In the past 24 hours, the cryptocurrency market experienced a significant crash, eliminating expectations of a bullish surge. This decline was triggered by a series of macro news, erasing the progress made over the past two months. Notably, among the altcoins, Shiba Inu and Litecoin showed a slight rebound from their monthly support levels, suggesting...Read More
The crypto market recently survived July’s CPI data, leaving Bitcoin to consolidate near the $29.5K mark. The SEC’s recent delay on spot BTC ETF applications has left investors with no choice but to invest in altcoins. Over the last week, meme coins dominated the market with Shiba Inu (SHIB) leading the momentum. However, altcoins like...Read More
Litecoin’s much-anticipated halving event on Aug 2 has resulted in a 15% price correction from $94 toward the $80 territory. Such a sharp movement has raised eyebrows and sparked intense discussions among crypto traders. However, there’s a hope of bullish momentum as the LTC price ceased its downward trajectory and pivoted upwards from its low....Read More
Now less than 1000 blocks remain until the halving, as the event is about to occur in less than a day. The price was closer to breaching the falling wedge after remaining within the consolidation for over 27 days. However, the token’s volatility has risen significantly and has been trading within large ranges. Hence, the...Read More
Altcoins are indeed making waves in the crypto market, and the recent activities of Litecoin (LTC), Ripple-affiliated XRP, and Solana (SOL) are clear indicators of this trend. In the past 24 hours, all three have experienced notable gains, signaling a potential shift in the crypto landscape. As Bitcoin’s (BTC) dominance begins to waver, the spotlight...Read More
The previous week witnessed a downturn in the altcoin market, with top altcoins experiencing significant declines after failing to sustain higher levels. Despite the initial bullish sentiment and buying opportunities brought by Ripple’s victory, it appears that the majority of traders have now pivoted towards bearish positions. As a result, prominent altcoins, including Ripple’s XRP,...Read More
Only a few weeks ago, Bitcoin’s market dominance had finally surpassed 50% after a two-year lull, thanks to a wave of applications for spot Bitcoin exchange-traded funds from leading financial institutions. However, following Ripple’s partial win against the SEC, Bitcoin’s dominance has experienced a setback. A sudden increase in altcoin prices led to a temporary...Read More
Over the last week, the crypto market witnessed surprising price movements as Bitcoin significantly declined from a high of $31.5K. The latest US ADP data has hinted at an upcoming interest rate hike, adding another layer of uncertainty to the financial and crypto landscape. However, even in these turbulent times, certain altcoins are showing potential...Read More
During a week characterized by a plethora of enticing news, the cryptocurrency market experienced significant volatility, with Bitcoin’s price persistently oscillating around the $30K mark. The recent rally in Bitcoin has resulted in reestablishing its 50% market dominance. Consequently, investors have shifted their attention to other digital assets that may potentially participate in this rally....Read More
As the specter of the US debt ceiling looms larger than ever, market uncertainties continue to grow, leading to cautious behavior among traders and investors worldwide. Amid the economic turmoil, several crypto assets are now trading on the verge of a crucial price level and altcoin traders are questioning the next possible move. Litecoin’s present...Read More
In brief: Some traders thrive during crypto market volatility and can make profits regardless of the trend. A variety of savings options are available for holders who prefer to play the long game. One method is to save using popular exchanges such as Binance. A second is through MyCred which has a liking to Litecoin...Read More
Quick take: Litecoin’s halving in August 2019, was uneventful with LTC’s price failing to meet the expectations of fans and traders. LTC is frequently considered as Bitcoin’s little brother. Some analysts believe that first doing technical analysis on LTC could provide insights into Bitcoin’s future. It is Easter Monday and the King of Crypto followed...Read More
In brief: The team at Binance has made 3 major announcements in less than 24 hours. Firstly, Binance launched a new Fiat on-ramp for the South African Rand (ZAR). Secondly, the team launched a new OTC trading portal. Thirdly, flexible deposits are now available for Litecoin (LTC) and Tron (TRX). The last 24 hours have...Read More
Photo: A1 Austria’s telecommunications giant and the country’s largest mobile service provider A1 has officially announced accepting cryptocurrency payments at some of its store locations across Austria. In the official announcement, A1 states that in its pilot project, they will accept cryptocurrency payments at some A1 shops while demonstrating global businesses that integrating digital currency...Read More
Fidelity’s charity arm, Fidelity Charitable, has received more than $100 million in cryptocurrency donations since 2015. But according to the company, this year is not the best one for crypto donations. Fidelity Charitable has accepted cryptocurrency donations since 2015. As the company revealed late last month, in total, it has received more than $106 million...Read More
Photo: Shutterstock The high fluctuating Bitcoin prices since its launch have made altcoins a go-to investment option for most of the crypto enthusiasts and traders. If we go back to February 2017, it was the first time when the entire crypto community has realized altcoins potential as their market value went sky-high after the Bitcoin...Read More
