Litecoin

Litecoin Price Analysis: Long-Term Optimism Amid Recent Downtrend Amidst the ongoing volatility in the Bitcoin market and a significant decline in altcoin prices, there are key developments on the horizon that could influence investor sentiment in the coming week. These developme ...

Bitcoin continues to frustrate investors with its tight-range consolidation, giving no clue about the possible direction of a breakout. Typically, the longer the range, the stronger the eventual breakout from it. Therefore, traders should be on their toes to latch on to the breakout when it ...

Ratings agency Fitch downgraded the United States’ long-term credit rating from AAA to AA+ on Aug. 1 and this move dented the risk on sentiment. The U.S. equities markets witnessed profit-booking on Aug. 2 and the cryptocurrency market’s recovery stalled in its tracks.However, after the kn ...

The Litecoin halving event has been completed with block rewards now halved at 6.25 Litecoin (LTC) per block. On Aug. 2, the Litecoin blockchain went through its automated halving procedure at block 2,520,000. LTC miners are now getting half the rewards and the clock has been reset fo ...

The S&P 500 Index (SPX) continued its march toward its all-time high with a 3% gain in July. Signs of receding inflationary pressures and expectations of an end to the Federal Reserve’s tightening cycle are the factors that boosted risk-on sentiment.However, this bullish mood did not b ...

The 25 basis point rate hike by the Federal Reserve on July 26 and the subsequent commentary by Fed Chair Jerome Powell failed to catapult Bitcoin (BTC) out of its range. This suggests that the event did not have any surprises and the outcome was already priced in by the markets.The crypto ...

With less than two weeks until Litecoin’s halving, when the miner’s block subsidy will be cut in half, traders are questioning whether the additional scarcity effect will be enough to sustain the LTC price above $90. Litecoin’s (LTC) price has declined by 19% in the last 18 days, but ...

Bitcoin continues to test investors’ patience, as it remains stuck inside a tight range. Although the near term is boring, traders need to be on their toes because narrow ranges are generally followed by a sharp increase in volatility. The only problem is that it is difficult to predict the ...

Ripple Labs’ victory in the case against the United States Securities and Exchange Commission gives a significant boost to the crypto industry. In addition to benefitting Ripple and XRP (XRP), analysts believe that the ruling will weaken the regulator’s case against Binance and Coinbase.In ...

Bitcoin has been struggling to rise and sustain above the $31,000 level for the past few days, but Standard Chartered has painted a bullish picture for this year and the next. In a report, the bank said that Bitcoin (BTC) could reach $50,000 this year and stretch the rally to $120,000 b ...

Bitcoin is still struggling to stay above $31,000. While a tight consolidation near the overhead resistance is a positive sign, the failure to rise above it may result in short-term liquidations. However, a shallow pullback should not be considered a trend change because, many times, ...

Litecoin (LTC) price is down today, mirroring downside moves elsewhere in the crypto market.On July 5, the LTC price dropped over 3% to $100.50. On the same day, the crypto market's overall capitalization fell 2%, suggesting traders have started securing profits at the local tops of multip ...

The United States equity markets have witnessed a solid year so far. The Nasdaq Composite has soared 31.7%, its best first-half performance since 1983. Similarly, the S&P 500 Index’s (SPX) 15.9% gain is its best first half since 2019. This suggests that risky assets remain in demand.In ...

Bitcoin (BTC) has been trading in a narrow range for the past few days but that doesn’t take away the sheen from its stunning 84% rally in 2023. The strong recovery in Bitcoin’s price has boosted buying in several altcoins, which have risen sharply from their yearly lows.As the second half ...

Bitcoin (BTC) witnessed a volatile trading session on the last day of the quarter. The bulls were trying to maintain Bitcoin’s price above $31,000 but they received a jolt on a Wall Street Journal report which stated that the United States Securities and Exchange Commission (SEC) had returned app ...

A large part of the recent leg of Bitcoin’s rally started after BlackRock filed to list a spot Bitcoin exchange-traded fund (ETF) on June 15. Several applications by other firms have been rejected by the United States Securities and Exchange Commission in the past. However, BlackRock’s filing has ...

The rush to apply for a spot Bitcoin (BTC) exchange-traded fund (ETF) rejuvenated the bulls, but this news is likely to boost the price only to a certain distance. As the price moves up, the risks of a crash increase if none of the ETF applications are approved. Trading firm QCP Capital, for exam ...

The S&P 500 Index (SPX) has gained for five consecutive weeks, the first such instance since November 2021. In comparison, Bitcoin (BTC) is trading well below its local high of $31,000, made on April 14. This shows a clear divergence between the performance of the two asset classes.Som ...

The bears lost an opportunity when they failed to sustain Bitcoin (BTC) below the $25,000 level this week. That may have attracted buying from the bulls who are attempting to start a recovery in Bitcoin and select altcoins. Additionally, BlackRock’s application to launch a Bitcoin spo ...

Bitcoin (BTC) is witnessing a tough battle between buyers and sellers near the $25,000 mark. A minor cause of worry for the bulls is that even the news of BlackRock having filed an application for a Bitcoin spot exchange-traded fund could not boost prices higher. This suggests that investors rema ...

The United States equities markets rose after the Consumer Price Index print on June 13 came in below expectations, but Bitcoin and the altcoins failed to recover. This suggests that cryptocurrency traders are focused on crypto-specific issues and are not buying on favorable macroeconomic news.&n ...

Bitcoin remains well above the crucial support at $25,250, indicating that market participants have shrugged off the news of the lawsuits by the United States Securities and Exchange Commission (SEC) against Binance and Coinbase. When markets do not stay lower for long after negative news, i ...

The United States equities markets rallied sharply on June 2 even though nonfarm payrolls in May rose by 339,000, blowing past economists’ expectations of a 190,000 increase. A few analysts pointed out that the market was possibly encouraged by the slower growth rate of hourly earnings, which was ...

Litecoin (LTC) emerged as one of the best-performing cryptocurrencies on June 1 as the market's attention shifted to its strong network growth in recent months.The LTC price jumped 3% to an intraday high of around $95. In comparison, its top-rivaling assets, Bitcoin (BTC) and Ethereum (ETH ...

Rodarmor wants less publicity It will continue to work on GitHub But will give more freedom to programmer Rafe The famous Bitcoin blockchain-based Ordinals protocol celebrated an impressive 10 million records online yesterday. Just a couple of days ...

A renowned cryptocurrency analyst believes Litecoin altcoin is preparing for a "pre-halving rally," which should begin in early August. Michel van de Poppe opined that the LTC coin needs to overcome strong resistance at the $93 level to start the rally. In this case, the ...

In May, both networks amassed ATN in terms of number of transactions It came after the launch of LRC-20 and DRC-20 standards February 19 developers introduced Ordinals on the little brother of the major cryptocurrency, Litecoin. The effect of the trend was not lo ...

Litecoin (LTC) has been losing ground since February, but the price has just made a bullish breakout from a short-term bullish pattern If the daily close confirms this bullish breakout, we can expect LTC to rise towards the long-term resistance area. Litecoin finds ground after falli ...

Litecoin (LTC) has been declining since mid-February. It is now trading within a short-term bullish pattern, but the long-term trend is still bearish. Litecoin gives bearish signals As the results of technical analysis of the weekly chart show, LTC has been rising since J ...

In a quarterly report filed with the U.S. Securities and Exchange Commission (SEC), PayPal reported that the company's crypto assets increased 56% in the first quarter of 2023. As of March 31, 2023, the company had $943 million in total crypto assets in its accounts. Of ...

The Litecoin project is getting a lot of attention right now amid the events happening on its "big brother," bitcoin Fuss over Ordinals The Litecoin project and its native token have unexpectedly benefited amid the turmoil of the bitcoin network. Recall, recently the a ...

It's an LD4 Series ASIC It has an energy efficiency of 0.73 W/MH And a maximum performance of 5GH/s Mining giant BIT Mining unveils its new version of Dogecoin and Litecoin mining hardware. It's called LD4. BIT Mining previously launched several LD ...

Litecoin (LTC) has experienced a significant rebound from long-term horizontal resistance and recently broke through the diagonal support level, causing some concern regarding its price trajectory. The current decline has made it difficult for the price to find support, leaving investors wonderin ...

Thorchain, the decentralized protocol that enables cross-chain trading of cryptocurrencies, has recently been temporarily suspended due to a potential vulnerability. This development followed reports on social media of a credible threat to the Thorchain Nine Realms platform and the THORsec securi ...

It is concerning to hear that more than 280 blockchain networks are affected by critical vulnerabilities, potentially putting over $25 billion worth of digital assets at risk. The vulnerabilities identified by Halborn are related to P2P communications and RPC, and if exploited, could lead to deni ...