Tag: Litecoin

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 ...
Top 5 cryptocurrencies to watch this week: BTC, LTC, ICP, THETA, FTT
Altcoins, Bitcoin, Litecoin

Top 5 cryptocurrencies to watch this week: BTC, LTC, ICP, THETA, FTT

Bitcoin’s (BTC) rally above $45,000 suggests that the short-term sentiment has turned positive and this has increased buying interest across the board and pushed the total crypto market capitalization above $1.8 trillion.Driven by the tailwind of the London hard fork, Ether (ETH) broke above the $3,000 mark on Aug. 7. While the rally in the biggest altcoin is a positive sign, on-chain data shows the possibility of profit-booking in the short term.Glassnode’s "Ethereum: Percent of Addresses in Profits" indicator has risen above 96.4%, which is the “red zone, historically associated with local tops," according to Lex Moskovski, the chief investment officer at Moskovski Capital.Crypto market data daily view. Source: Coin360While the near-term price action may remain volatile, the long-term pi...
Weekly analysis: Ripple, Litecoin and IOTA end the week on a high
Analysis, Litecoin, Price Analysis - Top 10 Crypto

Weekly analysis: Ripple, Litecoin and IOTA end the week on a high

A poor start to the week could end in profits as the broader cryptocurrency market turns things around The cryptocurrency market had a poor start to the week, with Bitcoin dropping below $38,000 while Ether slipped below the $2,300 mark. However, the broader cryptocurrency market has managed to turn things around, with Bitcoin currently trading above $41,000 and Ether edging closer to $3,000. Ripple (XRP), Litecoin (LTC) and IOTA (MIOTA) are also ending the week on a positive note following a poor start. The wins could be extended during the weekend if the broader crypto market continues this fantastic run. XRP price outlook XRP is the poor performer amongst the three, down by 2% over the past week. However, its performance over the past 24 hours could boost the bulls to embark on a bigger...
Price analysis 7/30: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
Bitcoin, Litecoin, Price Analysis - Top 10 Crypto

Price analysis 7/30: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

Bitcoin (BTC) and most major altcoins seem to be faltering near their respective overhead resistance levels. This suggests that some investors are continuing to sell at higher levels.However, 21st Paradigm co-founder Dylan LeClair said that on-chain data shows “big transfer volumes from over-the-counter (OTC) desks over the last week.” Cointelegraph also recently highlighted a historic 57,000 BTC outflow from exchanges on July 28.Ecoinometrics also cited on-chain data to show that "whales" and “small fish'' accumulated Bitcoin when the price recovered from $29,400 to over $40,800 this week. Daily cryptocurrency market performance. Source: Coin360Institutional investors are also not to be left behind in their plans to accumulate more Bitcoin. MicroStrategy, which holds about 105,085 Bitcoin...
Price analysis 7/28: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC
Bitcoin, Litecoin, Price Analysis - Top 10 Crypto

Price analysis 7/28: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC

Bitcoin (BTC) and most major altcoins are attempting to break above their respective overhead resistance levels, indicating the return of the bulls.Data from Bybt shows that the Grayscale premium has been climbing and reached -5.88% on July 27, its closest level to zero since May 25. This suggests that institutional investors may have again started building positions via the Grayscale Bitcoin Trust.Another institutional investment product showing a possible return of buyers is Canada’s Purpose Bitcoin ETF whose assets under management rose to 1.1 billion Canadian dollars on July 27, its highest level since May 13.Daily cryptocurrency market performance. Source: Coin360Swiss private bank Vontobel said in its half-year financial report that its Bitcoin tracker certificate investment pro...