The Federal Trade Commission (FTC) of the United States has recently banned the operators and promoters of a deceptive cryptocurrency multi-level marketing pyramid scheme, operating under the names ‘Bitcoin Funding Team’ and ‘My7Network.’ The FTC has obtained the order from the court in March 2018 against the four operators of the crypto Ponzi scheme and...Read More
Bitcoin Cash – ABC – Makes a Move Bitcoin Cash ABC rose by just 0.01% on Sunday. Following a 2.18% fall from Saturday, Bitcoin Cash ABC ended the day at $305.11. A bullish morning saw Bitcoin Cash ABC rally to a midday intraday high $312 before hitting reverse. Falling short of the first major resistance...Read More
LiteCoin Ultra (CURRENCY:LTCU) traded 22.5% higher against the U.S. dollar during the one day period ending at 9:00 AM Eastern on August 25th. During the last week, LiteCoin Ultra has traded 22.4% higher against the U.S. dollar. LiteCoin Ultra has a total market cap of $6,666.00 and approximately $2.00 worth of LiteCoin Ultra was traded...Read More
Bitcoin fell by 2.44% on Saturday. Reversing most of a 2.89% gain from Friday, Bitcoin ended the day at $10,154. A particularly bearish morning saw Bitcoin slide from an early morning intraday high $10,427 to a mid-morning intraday low $9,893.8. Falling short of the first major resistance level at $10,567, Bitcoin fell through the first...Read More
Litecoin [LTC], has not had a good few weeks. The digital silver, the fifth largest coin in the market by market capitalization, has been reeling since its halving at the beginning of the month. At press time, the cryptocurrency was trading at $74.14, down by over $25 since the beginning of the month and by...Read More
Litecoin’s post-halving slump should be met with concern. The fifth-largest cryptocurrency in the market has been in a slump since the beginning of the month, with many dismissing it as simply the halving bears. However, the digital silver is now entering dangerous territory. Since topping out at $144 during the close of June, the price...Read More
Litecoin bulls intensify their grip in the market; all eyes set on $80 short-term resistance and $100 ultimate resistance. Technically, the short-term analysis signals a bearish momentum. If Litecoin continues with the current price action within the ascending channel, achieving $100 in the following week is almost a guarantee. At press time, LTC/USD is trading...Read More
Litecoin Plus (CURRENCY:LCP) traded 1.2% higher against the dollar during the twenty-four hour period ending at 19:00 PM Eastern on August 23rd. One Litecoin Plus coin can now be bought for approximately $0.0138 or 0.00000133 BTC on exchanges. Litecoin Plus has a total market capitalization of $34,250.00 and $17.00 worth of Litecoin Plus was traded...Read More
Many litecoin (LTC) miners working to secure the blockchain and compete for block rewards have been unplugging their machinery following the cryptocurrency’s recent “halving” event, network data shows. Litecoin’s mining difficulty – a coded-in measure of how hard it is to solve the mathematical puzzles used to write blocks on the network – has dropped...Read More
The Litecoin Foundation, the team behind Litecoin (LTC), the world’s fifth-largest cryptocurrency based on its total market value, is currently going through a very difficult time. The Litecoin Foundation recently came up with the threat that donations to the foundation have declined and that the money in the reserves may soon be over. Litecoin Foundation...Read More
According to expert predictions, the Bitcoin dominance registered on CoinMarketCap has been tweaked for liquidity. Forecasting that in reality, the dominance could cripple the survival of Altcoins. As the current value of Bitcoin hovers around $10,000, it’s dominance upsurges in correspondence. According to CoinMarketCap’s estimate as at Thursday, 5th August. BTC dominance was sitting around seventy...Read More
At the end of 2017 and the height of the crypto hype bubble, investors seeking ‘the next Bitcoin’ bought up altcoins en masse after learning that many alts, such as Etheruem, Ripple, and Litecoin, had spiked over 1000% and outperformed even Bitcoin.The post appeared first on NewsBTCRead More
The halving was supposed to be Litecoin’s bullish catalyst; it failed to live up to the hype. However, analysis of the chart shows potential. | Source: Shutterstock By CCN Markets: Litecoin’s price action has been less than stellar as of late. After posting a 2019 high of $146 on June 21, the cryptocurrency succumbed to...Read More
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) blacklisted the cryptocurrency addresses of three Chinese citizens and imposed sanctions on them, he said. The reason the government is doing this is because of the suspicion of money laundering and drug trafficking. OFAC issued a statement that three individuals, Xiaobing Yan, Fujing Zheng, and...Read More
Bitcoin and altcoins are forming a strange correlation as of late, according to data provided by market analyst Ceteris Paribus.The noted cryptocurrency trader found that leading altcoins plunged massively every time bitcoin tested or hinted to check the $10,000 level. Between June and August 21, bitcoin closed above the $10,000 mark four times. And each...Read More
Bitcoin Cash is ranked at #4, above Litecoin on coinmarketcap. The price of BCH diminished at a rate of 2.58% in the course of the past 24-hours. The trading volume recorded is $1.411 billion, while the supply has 17,960,688 BCH coins in play. For now, the total market cap of Bitcoin Cash is $5.370 billion. As of...Read More
While it’s still widely regarded as being safer to hold one’s own funds than entrust them to an exchange, Gemini’s standards suggest it may be angled as more of an actual cryptocurrency custodian than other exchanges. Cryptocurrency exchange and custodian Gemini, announced they’re expanding their business to Australia. Australian citizens can now download the Gemini...Read More
The U.S. Department of Treasury has sanctioned three alleged narcotics operators and their crypto addresses. The United States Department of the Treasury has added multiple cryptocurrency addresses to its Specially Designated Nationals (SDN) list under the Foreign Narcotics Kingpin Designation Act, also known as the Kingpin Act. These addresses, and the individuals associated with them,...Read More
Since January, Charlie Lee has been teasing at plans to introduce confidential transactions to Litecoin. However, the announcement was followed by a long stretch of radio silence, and followers were left wondering if they would ever see the promised privacy features. Hope was restored on Tuesday, when Lee announced that a new developer has joined...Read More
Litecoin Cash (CURRENCY:LCC) traded down 11.2% against the US dollar during the 1-day period ending at 7:00 AM ET on August 21st. One Litecoin Cash coin can now be purchased for approximately $0.0130 or 0.00000128 BTC on major cryptocurrency exchanges including Braziliex, HitBTC, CryptoBridge and Mercatox. During the last week, Litecoin Cash has traded 8.6%...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
Bitcoin price predictions have been coming thick and fast in recent months as the world’s top digital asset recovers from an almost year-long bear market. Some are just pie in the sky, but others have delved deeper into what could drive BTC prices to a new all-time high in the months ahead. Scarcity Will Increase...Read More
A1 Telekom, one of the largest mobile network operators in Austria, is reportedly planning to take cryptocurrency payments at some of its store locations. Established in 1881 and headquartered in Vienna, A1 currently serves around 2.1 million fixed (home) lines and 5.1 million mobile connections throughout the European nation. The company will be testing crypto...Read More
Bitcoin Price Analysis (BTC/USD) On an hourly chart, the bulls have dominated the market of BTC/USD pair. The 7 day MA was seen gravitating above the 21 day MA that signaled an increase in bullish pressure. The top cryptocurrency has slightly gained by 0.17%, having escalated from $10731.71 to $10750.00. Apparently, a bullish engulfing candle started...Read More
The total crypto market cap failed to surpass the key $280.0 resistance area.Bitcoin price started a downside correction and traded below the $10,800 support.Litecoin (LTC) price is struggling to correct higher and is testing the $75.00 support.BCH price is currently correcting lower and it might test the $305 support area.Tron (TRX) price is extending losses...Read More
Litecoin price in the latter stages of trading on Tuesday is nursing losses of some 3.5%. Price action has formed a bearish wedge/flag structure, subject to another wave of potential selling. The Litecoin price in the second half of the session on Tuesday is nursing steep losses of some 3.5%. A bear market remains, as...Read More
A recent run-up in the bitcoin price has been credited to a string of events: the US-China trade war, determined monetary easing by central banks, price manipulation via Tether’s stablecoin USDT, Facebook’s plans to launch its cryptocurrency, as well as a weakening Renminbi. But another factor may be lifting bitcoin as well: altcoins.New York-based Ark Investment...Read More
An indicator reveals the hype game of few cryptocurrencies. Research platform “The Tie” shared a detail report on which cryptocurrencies are the most and the least overhyped on crypto Twitter. TRX, XLM, and LTC are not overhyped Often, crypto projects run the race of capturing most audience and users via bot accounts tweeting about them,...Read More
There is an interesting claim made by Mr. Caan concerning the status of Satoshi Nakamoto’s 980,000 Bitcoin fortune. According to Mr. Caan, his private keys were lost when he handed his laptop into an electronics shop for repairs. When the laptop came back, all of Satoshi’s BTC were gone. Oh gosh. As soon as we...Read More
Litecoin hovers at 76 USD for the second day. The next resistance point for the coin may come at 81 USD. Litecoin, as a Top-5 coin in the market, has a huge user base and it gets decent attention for this. For the past few days, the coin was negatively focussed as it was under...Read More
