Category: Litecoin
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Market Update: Low Volumes and Uncertainty Shake Crypto Traders
The majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only $60 billion in worldwide crypto trades in the last 24…
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Ethereum, XRP, and Litecoin prices show indecision in the market
Bakkt’s long-awaited Bitcoin futures contracts launch did not elicit the market reaction most traders were hoping for. Instead, Bitcoin continues consolidating without a clear sign of where it’s heading next while altcoins are giving mixed signals. The following technical analysis will focus on the different scenarios that could play out for Ethereum, XRP, and Litecoin.…
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Ethereum, XRP, and Litecoin stage major recoveries indicating the start of a new altseason
Altcoins such as Ethereum, XRP, and Litecoin are finally showing significant moves, regaining some of the market dominance they lost to Bitcoin year-to-date. If the trend continues it could mark the beginning of a new “altseason.” Market Dominance Bitcoin’s market share began rising Dec. 2018. Following a 327 percent upswing, BTC went from $3,200 to…
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Litecoin will have succeeded when it doesn’t need Charlie Lee [INTERVIEW]
In the end, Charlie Lee says Litecoin will have succeeded when it doesn’t need him anymore. Here’s what this means for the Litecoin Foundation. Litecoin’s origin story In an exclusive interview with CryptoSlate, Charlie Lee shared the origin story behind Litecoin. “Initially, I was just in it for fun,” he said about the coin’s creation.…
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Taxation Isn’t Just Theft – It’s Bad for Crypto Adoption
Crypto awareness is reaching levels almost unimaginable just years ago, with telecommunications giants, big banks, mainstream media, and even professional sports teams now discussing and flouting digital assets. AT&T now allows customers to pay their phone bills in bitcoin, Japanese SMS giant Line is adding an FSA-approved crypto exchange to its hugely popular chat app,…
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On-chain data shows Litecoin is healthy, potential for LTC/BTC rebound
On-chain data around Litecoin is showing several healthy indicators, including an increase in the number of large transactions on the network. Apart from that, Litecoin’s volatility and price correlation to Bitcoin have dropped, indicating that there’s potential for a major LTC/BTC rebound. Deep dive into Litecoin network data The world’s fifth-largest cryptocurrency by market cap,…
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Charlie Lee: Bitcoin and Litecoin are the best forms of money ever seen [INTERVIEW]
In an exclusive interview with CryptoSlate, Charlie Lee shares his vision for how Bitcoin and Litecoin can fundamentally challenge governments and revolutionize how people transact. Ultimately, he argues that cryptocurrency is the best form of money ever seen. Scaling problems with Bitcoin One of the most commonly cited problems with Bitcoin is its inability to…
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Ethereum, XRP and Litecoin look bearish against BTC, but promising against USD
Despite the pessimism seen across the crypto community in regards to altcoins, the following technical analysis will evaluate whether Ethereum, XRP and Litecoin are bound for an upswing. At the moment, altcoins continue limping without any significant price movement. Meanwhile, Bitcoin is back above $10,000 and recently reached a 70 percent market dominance. Against the…
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Analyst: unlike Litecoin, Bitcoin’s halving will have a significant effect on its price
Cryptocurrency analyst @100trillionUSD pointed out that the premise that Bitcoin’s halving won’t have a significant effect on its price because Litecoin didn’t jump after its own is fundamentally wrong. The analyst said that unlike Bitcoin, Litecoin’s price doesn’t have a significant relationship with the stock-to-flow ratio, which makes its halvings less relevant to its price.…
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Cryptocurrencies Such as Bitcoin Cash Shine During Hong Kong Protests
The Hong Kong protests started in June 2019 over a controversial bill and now after weeks of demonstrations, marching citizens are fighting for the future of Hong Kong. In the midst of all the activists protesting, digital currencies like bitcoin cash are being promoted as a way for people to remove themselves from China’s system.…