Category: Litecoin
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Bitcoin Cash Futures Volumes: A Prelude to the Recent BCH Price Appreciation
Over the last few weeks, there’s been a lot of attention focused on bitcoin cash (BCH) doubling in value and the $10 million worth of BCH-based futures being swapped on the Crypto Facilities platform every month. Last month, Crypto Facilities saw close to $50 million in BCH contracts. Since then, the popular Huobi exchange has…
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Coinbase Card will allow UK in-store payments using Bitcoin, Ethereum and Litecoin
Coinbase, one of the biggest cryptocurrency exchanges based in the United States, has announced the launch of the Coinbase Card. The Visa debit card will enable Coinbase’s customers based in the UK to “spend crypto as effortlessly as the money in their bank.” Visa and Coinbase Bring Cryptocurrency Payments to the Masses Digital coins being…
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Bibox Exchange to Launch Leveraged BCH Perpetual Contracts
Estonia-based Bibox exchange is to launch bitcoin cash (BCH) and litecoin (LTC) perpetual trading contracts on April 12, with leverage of up to 50x. Priced in tether (USDT) – the US dollar-pegged stablecoin – the cryptocurrency derivatives are targeted at both institutional and retail investors. Also read: ‘This is Not an ICO, Just Barter’ –…
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YTD performance report: Bitcoin, Ethereum, XRP, Litecoin, and Bitcoin Cash
The first quarter of 2019 has brought much-needed optimism into the crypto industry, with data showing the first Q1 increase since 2017. While bitcoin broke through the $5,000 mark, the world’s largest cryptocurrency wasn’t the biggest gainer on the market, as ETH, LTC, and BCH all showed significant growth. Meanwhile, XRP has underperformed. Cryptocurrency Markets…
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Analyzing Charlie Lee’s legendary Litecoin price predictions
Charlie Lee, the creator and founder of Litecoin, made a number of bold price predictions over the past few years. These predictions have had startling accuracy. Among his predictions, he accurately forecasted the bottom for LTC and also infamously sold his holdings near the top of the 2018 bull market. Charlie Lee was a former…
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Litecoin follows in bitcoin’s wake, touches $100
Litecoin saw breakout performance following similar pops from Bitcoin Cash and Bitcoin SV. However, after rocketing to $100 the price crashed back down to $73, with LTC now hovering in the high 80’s. Litecoin Soars (and Falls Back Into Line) Litecoin, the medium-of-exchange complement to Bitcoin, has experienced wild trading volatility within the last 24-hours.…
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Following bitcoin’s 19% surge, crypto explodes: bull market in the works?
Bitcoin’s price recorded an impressive 19 percent rally from $4,200 to nearly $5,000 while market capitalization increased by $20 billion within the span of an hour. Bitcoin passes $5,000 on Coinbase Pro In the past month, fueled by the strong performance of crypto assets and alternative cryptocurrencies, the valuation of the crypto market rose by…
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Markets Update: BTC Longs Hit New Low for 2019, ETH Longs Test ATH
In recent market action, BTC shorts have increased by 20% during the last two weeks, while longs have continued to slide for the fourth straight week to consistently post lower lows for 2019 so far. In other markets, ETH shorts have dropped by nearly 50% while longs have pushed into new all-time highs, and LTC…
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Active Development for Most Bitcoin Forks Evaporates
A report published by Electric Capital has estimated that the number of developers working on public cryptocurrencies has doubled since January 2018. The research found that Ethereum has the largest development team of all established crypto assets, with 216 developers contributing to its codebase each month on average. Also Read: EY Executive Says Bitcoin Has…
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Markets Update: BNB, LTC, and XLM Pop, Top Cryptos Consolidate
This past week’s action has seen most leading markets produce little volatility, with the cryptocurrency meta-trend appearing to comprise consolidation while traders wait to see whether BTC can break above $4,000 for the third time in 2019. However, among the top 10 crypto assets by market cap, LTC, XLM, and BNB have been able to…