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Weekend Market Action Sees Bitcoin Touch $24K, $1 Billion in Short Positions Liquidated
20.12.2020
Bitcoin and the crypto economy continue to see strong gains, as the price of the leading crypto-asset touched an all-time high on Saturday, December 19, 2020. That morning around 11:45 a.m. EST, bitcoin touched a price high at $24,217, but got pushed below the $24k handle shortly after. The entire...
Bitcoin’s Value Surpasses $23,700, Critics Claim Its a ‘Bubble,’ Onchain Analyst Says $100K Prices ‘Ridiculously Low’
17.12.2020
The crypto economy has gained a massive amount of value during the last few days, as the aggregate market cap of all 7,500+ digital assets is a whopping $640 billion on Thursday. Meanwhile, the largest blockchain in terms of valuation, bitcoin has touched an all-time high of $23,777 rising more...
Chinese Police Seize $4.2 Billion in Multiple Cryptocurrencies From Plustoken Ponzi Clampdown
27.11.2020
Chinese police have seized more than $4.2 billion worth of crypto assets in its clampdown against the Plustoken Ponzi scheme. According to a court ruling made public on Nov. 26, and shared by The Block, law enforcement confiscated a total of 194,775 bitcoin (BTC), 833,083 ether (ETH), 1.4 million...
Bitcoin Touches $17K Price Zone, BTC Dominance Levels High, Altcoins Still Way Behind
17.11.2020
On November 17, the price of bitcoin touched another 2020 all-time high (ATH) when the crypto asset surpassed the $17k price zone on Tuesday. Bitcoin dominance has risen higher during the last few months and currently hovers at 65% this week. Despite the massive rise in bitcoin value during...
Quadriga CX Trustee Raises $30 Million for Reimbursements to Creditors, Claimants Want $171 Million Instead
7.11.2020
The trustee of the now-defunct crypto exchange, Quadriga CX says the sell-off of the platform’s assets raised $30 million. This contrasts with the $171 million in claims that has been filed with the trustee by Quadriga creditors. Consequently, Ernst and Young (EY), the accounting firm...
Litecoin (LTC) Appears Intraday Bearish Slightly Below $50
15.10.2020
Litecoin has gained investors’ attention as a trustworthy medium of investment amongst many cryptocurrencies in the global market. Back then, people in the name of crypto only knew Bitcoin, followed by some faithful and trustworthy investments in XRP, Litecoin, etc. These...
Japan’s Messaging Giant Line Introduces Crypto Lending Services
7.10.2020
Back in the summer of 2018, the Japanese messaging giant, Line Corp., launched a cryptocurrency exchange with over 30 digital assets. Now Line is introducing crypto lending services with five different crypto assets and a new lineup of decentralized applications (dapps). The Japanese messaging...
Revolut Adds Bitcoin Cash and Litecoin Support for US Customers
1.9.2020
Following the launch of Revolut’s new crypto exchange in the U.S. the company has added bitcoin cash and litecoin support. Alongside bitcoin and ethereum support, the trading platform’s added coins provide Revolut users with the ability to buy, store, and sell four different digital...
Lockdown Life & Darknets: BTC Still the DNM King, Cashaa’s Stolen Coins Sent to Hydra, Cannabis Sales Surge
17.8.2020
During the last six months, the Covid-19 outbreak has caused a lot of disarray in the world and one thing is for sure, the use of darknet markets has surged. While the citizens of the globe have been locked down, cannabis sales have skyrocketed and the dollar value of bitcoin transactions done...
The Covid-19 Crisis Fueled Darknet Markets – A Patron’s Biggest Concern Is Mail Disruption
19.7.2020
Ever since the coronavirus outbreak swept the globe, darknet markets (DNM) have grown exponentially and the lockdowns worldwide are prompting first-time DNM buyers. Currently, the largest DNM on the invisible web is the marketplace Empire, and the only thing impeding the rush of DNM sales these...
Litecoin (LTC) Lacks Momentum and Support; Trades at $42
27.6.2020
Litecoin fundamentals, just like Bitcoin fundamentals are stronger than ever as Litecoin is believed to be a dupe of Bitcoin if consider the long-term investing aim for the former just at the latter. Important to highlight that as the altcoin season has elevated all the alts irrespective of a spike...
Litecoin (LTC) Lacks Momentum & Trades in a Narrow Range
16.6.2020
Litecoin, at the time of penning down this article, was trading at 43.94 against the US Dollar and is lacking support from both 50-day and 200-day MA on the 24-hourly chart. Additionally, it was just towards the end of the previous week, Litecoin Hashrate was hitting an All-Time High. Litecoin...
Litecoin (LTC) Sees a Gloomy Day; Price Goes Down by 8%
4.5.2020
LTC price has just noted a minimal price recovery after it saw the lowest price level of the last 24 hours today The coin has declined by more than 8% over a day; full price recovery might take quite a while Litecoin price is trading around $45-46 while BTC is trading around $8900 The coin …
90 Million More People Can Now Spend Crypto With TenX
4.5.2020
TenX’s popular Visa debit card—which lets you spend cryptocurrency without having to manually top up—has launched in Germany and Austria. It supports Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), all of which can be spent anywhere that accepts Visa thanks to the card’s unique auto-convert...
Litecoin (LTC) Experiences Intraday Volatility; Trades at $44.65
27.4.2020
Litecoin price pulls back to $44 after trading around the major weekly resistance at $45, in the opening hours of the day LTC price appeared accumulating over the past two days within a trading range of $43 to $45 after a brief uptrend in the past week However, the previous week has been quite...
Bitcoin Soars to Its Highest Level Since Crashing in March
24.4.2020
Bitcoin hit $7,600 on Thursday, its highest level yet since crashing in early March. The cryptocurrency climbed more than 10% during the last 24 hours spurred by the return of leveraged money. Bitcoin cash (BCH), ethereum (ETH), and ripple (XRP) all rose above 4% to $239, $189, and $0.19...
Litecoin (LTC) is Yet to Take a Trading Direction; Trades at $41
22.4.2020
Litecoin, at the time of writing this analysis, was trading above $40 at $41 with a fine uptrend and retaining support from a 200-day daily moving average LTC/USD fails to retain support from 50-day daily Moving Average The 20-day Bollinger Bands laid do not project about any unprecedented...
Litecoin (LTC) Subtly Moves Towards a Moderately Bullish Trend
24.3.2020
It seems as though the market is taking baby steps towards a gradual and slow recovery before it sees a full-fledge bullish rally. Bitcoin, after it started a rebound from its dip below $4000, has been facing frequent hurdles while it is yet to cross the $7000 price mark. Over the last couple...
Cred Now Enables LTC Holders to Earn Up to Ten Percent Interest on Their Digital Assets
12.2.2020
Cred, a licensed crypto-backed lending and borrowing platform based in California, now supports litecoin. The service will allow LTC holders to earn up to ten percent interest through any of its partners including the Litecoin Foundation, Bitcoin.com, Uphold, and Bitbuy. Since July 2019 Cred allows...
Litecoin (LTC) Experiences a Pull Back After Hitting $78
11.2.2020
Litecoin, at the time of writing, was seen correcting downwards after facing resistance at a 90-day high price $78 and currently trades at $73. The current price trend of LTC against the US Dollar is giving a mixed signal as it projects about the breakdown of the rising wedge which is aiming...