Tag: Litecoin

Litecoin price analysis: LTC struggling to defend the $170 level
Analysis, Litecoin, Price Analysis - Top 10 Crypto

Litecoin price analysis: LTC struggling to defend the $170 level

The cryptocurrency market has continued its trend this week, with Bitcoin rallying while most of the altcoins are underperforming The cryptocurrency market has been experiencing a mixed performance since the start of the week. Bitcoin has been performing excellently and has recently broken past the $57,000 resistance level, thus paving the way for it to rally higher and target the $60,000 level. However, the majority of the leading altcoins are currently trading in the red zone despite Bitcoin’s excellent run. Ether, Cardano, Binance Coin, XRP, Solana, Polkadot and others are all recording losses at the moment. Litecoin is not left out as Bitcoin’s sister coin is down by more than 3% over the past 24 hours. It could record further losses if the current market conditions don't improve over ...
Litecoin price prediction: LTC targets $175 again after latest dip
Analysis, Litecoin, Price Analysis - Top 10 Crypto

Litecoin price prediction: LTC targets $175 again after latest dip

The cryptocurrency is enduring a mixed start to the day, with some coins rallying while others are trading in the red zone The cryptocurrency market is having a mixed start to the day, with Bitcoin currently rallying while some altcoins are underperforming. Bitcoin is currently up by 3.5% and is looking to surpass the $50,000 resistance level at any moment. Its weekly gains are now closing in on 20% following its rally yesterday. Ether is also up by less than 1% and is close to surpassing the $3,400 mark. Binance Coin (BNB) has overtaken Cardano (ADA) to become the third-largest cryptocurrency by market cap after rallying by nearly 30% over the past week compared with ADA’s 4% weekly gains. However, some altcoins like Solana (SOL), Terra (LUNA), Uniswap (UNI) and Avalanche (AVAX) are all t...
Evolve or die: How smart contracts are shifting the crypto sector’s balance of power
Altcoins, Litecoin

Evolve or die: How smart contracts are shifting the crypto sector’s balance of power

One of the familiar themes seen in previous crypto market cycles is the shifting market caps, popularity and ranking of the top 10 projects that see significant gains during bull phases, only to fade into obscurity during the bear markets. For many of these projects, they follow a recognizable boom-to-bust cycle and never return to their previous glory. During the 2017–2018 bull market and initial coin offering (ICO) boom, which was driven by Ethereum network-based projects, all manner of small smart contract-oriented projects rallied thousands of percentage  to unexpected highs. During this time, projects like Bitcoin Cash (BCH), Litecoin (LTC), Monero (XMR) and ZCash (ZEC) also rotated in and out of the top 10 ranking, but to this day, investors still argue about which project ...
Solana, Litecoin and Ethereum Classic price analysis: Bears retake control
Analysis, Litecoin, Price Analysis - Top 10 Crypto

Solana, Litecoin and Ethereum Classic price analysis: Bears retake control

After recovering from an earlier slump, the cryptocurrency market is heading into the red territory again as bears start to regain control The cryptocurrency market is trading in the red zone again after bouncing back from the early slump this week. Solana, Litecoin and Ethereum Classic are looking bearish at the moment. The three cryptocurrencies could suffer further losses over the coming days if the sentiment continues. Solana price outlook The SOL/USD 4-hour chart is currently bearish, with the coin down by 12% in the past 24 hours. The Solana network experiencing a blackout for nearly 24 hours contributed to the coin’s underperformance, and it has now lost the sixth position in the market cap rankings to XRP. SOL/USD 4-hour chart. Source: TradingView SOL is trading at $140 per coin a...
AMC adds Ether and Litecoin to year-end crypto adoption plans
Bitcoin, Etherium, Litecoin

AMC adds Ether and Litecoin to year-end crypto adoption plans

AMC Entertainment will not only accept Bitcoin (BTC) payments for movie tickets by the end of 2022 but will also include other popular digital currencies in its crypto acceptance policy.Tweeting on Thursday, the company’s CEO, Adam Aron, announced plans for AMC to accept three other cryptocurrencies — Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH).As previously reported by Cointelegraph, AMC initially unveiled plans to accept Bitcoin payments for online movie tickets before the end of the year.At the time, Aron said that moviegoers were eager to use crypto as payment means for tickets and concessions at AMC locations across the United States.The AMC chief also said that the company was working to finalize the necessary modalities required for accepting crypto payments.As was the case w...
Litecoin price analysis: LTC targets $200 after passing resistance at $180
Analysis, Litecoin, Price Analysis - Top 10 Crypto

Litecoin price analysis: LTC targets $200 after passing resistance at $180

The general cryptocurrency market is rallying again after stagnating for the past few days The cryptocurrency market has resumed its rally after days of stalling, with Bitcoin crossing the $50,000 threshold once again. This performance has trickled down to the entire market, with Ether, Cardano, XRP, Binance Coin and several other leading cryptocurrencies all up by more than 5% in the past 24 hours. Litecoin is also performing excellently after rising by more than 5% in the last 24 hours. LTC surpassed the 23.6% Fib level at $178 to break past the $180 resistance mark. Litecoin could look to test further resistance levels over the coming hours if the current market conditions persist.  The short-term performance of the broader market is promising and market participants are still opti...
County Treasurer in Illinois accepts crypto donation in reelection bid
Bitcoin, Litecoin

County Treasurer in Illinois accepts crypto donation in reelection bid

Holly Kim, a treasurer in Lake County, Illinois, has reportedly become the first political candidate in the state to accept crypto campaign donations.According to the Chicago Tribune on Wednesday, Kim recently received a $3 Litecoin (LTC) donation from Mark Tan, founder of T Capital Coin, an investment management outfit based in Lake Forest.The Lake County Treasurer who is up for reelection in 2022 plans to accept Bitcoin (BTC) and many of the popular cryptocurrencies including Ether (ETH), Dogecoin (DOGE), and Dai (DAI).For Kim, accepting crypto donations opens up a “new frontier” for support from tech-savvy people, adding: “It seems to be how people want to give.”Kim, a Democrat is also a crypto enthusiast and has reportedly tried to use her position as a former trustee in Mundelein to e...
Litecoin’s $174 support level comes into play as market retreats
Analysis, Litecoin, Price Analysis - Top 10 Crypto

Litecoin’s $174 support level comes into play as market retreats

The cryptocurrency market has retraced after a strong weekend, and further losses could be on the cards The cryptocurrency market finally retraced yesterday after rallying for the past few days. Bitcoin and the other leading cryptocurrencies all recorded losses over the past 24 hours. After topping the $47,000 level, BTC lost 3.6% of its value and is now trading in the $45,000 region. Ether also rose close to the $3,300 level but has lost 4% of its value and is now trading just above $3,100 per coin. Litecoin fell by 3.6% yesterday, eliminating the 1% profit it made on Sunday. The loss came after Litecoin began Monday with a bullish run, closing in on the $190 mark. However, LTC fell to a low of $179 before the end of the day. Currently, Litecoin is trading at the $178 level and could sust...
Price analysis 8/13: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, SOL, LTC
Bitcoin, Litecoin, Price Analysis - Top 10 Crypto

Price analysis 8/13: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, SOL, LTC

A KPMG report titled “Pulse of Fintech H1 2021,” shows that the total investment in the blockchain and cryptocurrency sector in the first half of this year has risen to $8.7 billion, which is more than double the $4.3 billion worth of deals done in 2020. KPMG global fintech co-leader Anton Ruddenklau said: “Cryptocurrency and blockchain are exploding globally. I think for the rest of this year at least, crypto will be a very hot ticket for investors.”Separate research by blockchain market intelligence Blockdata also shows that 55 out of the top 100 banks by assets under management have directly or through subsidiaries invested in crypto and blockchain firms. Daily cryptocurrency market performance. Source: Coin360Bittrex Global CEO Stephen Stonberg told Cointelegraph that the cry...
Bitcoin, Litecoin and Uniswap Analysis: Bullish Pattern Ahead of the Weekend
Analysis, Bitcoin, Litecoin, Price Analysis - Top 10 Crypto

Bitcoin, Litecoin and Uniswap Analysis: Bullish Pattern Ahead of the Weekend

The general cryptocurrency market could experience a bullish weekend as the prices of most cryptos are rallying The cryptocurrency market began the week in a positive light and looks set to continue that way heading into the weekend. Bitcoin climbed the $46k mark earlier this week before retreating towards the $45k mark during the middle of the week. However, it looks set to surge past the $47k level as bullish patterns appear in the market. Litecoin is one of the top performers this week, with its price up by over 25%. It could be primed for further gains if it can maintain the current momentum. Uniswap remains one of the top ten cryptocurrencies by market cap and could extend its rally over the weekend. The short-term expectations of the market are high, and the prices could soar higher ...