Litecoin price is gaining momentum above $62.00 against the US Dollar. LTC is likely to continue higher (similar to bitcoin), and it could even break the $65.00 resistance in the near term. Litecoin formed a strong support base near $57.00 and started a fresh increase against the US Dollar. The price is now trading nicely above the $60.00 level and the 100 simple moving average (4-hours). There was a break above a major contracting triangle with resistance… Source link

Within the last hour Bitcoin (BTC) price surged through the $16,200 level to secure a new 2020 high at $16,473.  BTC/USDT daily chart. Source: TradingView The 6.62% move brings the top-ranked digital asset closer to closing a CME gap in the $16,465 to $16,570 zone and a growing number of analysts expect the price to break above the $17,200 level if the CME gap is closed. Despite the excitement surrounding Bitcoin’s surge to a new multi-year high, Cointelegraph contributor Micheal van de… Source link

The crypto market is a confusing space. Not only do investors need to pay careful attention to Bitcoin market cycles driving the overall sentiment, but also to the relationship between BTC and altcoins like Ethereum and Litecoin. As two of the top altcoins with the most longevity in the market, Ethereum and Litecoin can be reliably used as a barometer of the health of the altcoin space, and if, as a whole, they are exhibiting strength or weakness against BTC…. Source link

Bitcoin (BTC) price is proving to be relatively stable at around the $16,000 level, heavily outperforming both safe-haven and risk-on assets, including gold and stocks. But in the near term, the digital asset faces a major roadblock in the form of whales. On Nov. 12, the price of Bitcoin reached $16,199, a level not seen since the famed 2017 rally. Although BTC dropped to $15,600 within a few hours, it quickly recovered and at the time of writing it looks like the digital asset will attempt… Source link

Bitcoin was gaining amid positive institutional and retail adoption signs as the amount of crypto locked in Uniswap signals DeFi continues to be more just than a fad. Bitcoin (BTC) trading around $16,154 as of 21:00 UTC (4 p.m. ET). Gaining 2.9% over the previous 24 hours. Bitcoin’s 24-hour range: $15,454-$16,186 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading on Bitstamp since Nov. 10.Source: TradingView Bitcoin was trending upward… Source link

PayPal will now let all users in the US buy, sell, and hold cryptocurrencies right from their PayPal account. The news came in an update to a press release from last month announcing that the new functionality was on the way (via TechCrunch). I’m seeing the functionality available in the PayPal app. For me, there’s a banner about the ability to buy cryptocurrency right at the top of the main screen, and if I tap that, I can choose to buy Bitcoin, Ethereum, Bitcoin Cash, and Litecoin…. Source link

Bitcoin (BTC) has had a great November so far, and many analysts believe the future remains bright for the top-ranked cryptocurrency. Currently sitting at $16,000, its price has surged by 23% since the start of the month, rallying mostly after the completion of the United States presidential election. Now, Bitcoin spot volume has passed all previous records in 2020, showcasing the growing demand for acquiring BTC. The strong rally to $16,200 led Bitcoin spot volumes to rise by more than 270%… Source link

On Thursday, November 12, 2020, the blockchain firm Kirobo launched a tool that allows users to reverse ethereum transactions. Similarly to the replace-by-fee (RBF) protocol leveraged by bitcoin users, ethereum transactions can be reversed as well with Kirobo’s “Undo Button” supported by Metamask or any wallet that supports walletconnect. The two top blockchain assets, in terms of market capitalization, have… Source link

Bitcoin briefly climbed above $16,000 for the first time in three years before quickly falling back below the psychological threshold.  Digital-asset market traders and analysts say the cryptocurrency is likely to make another run higher, with strong demand expected from traditional investors looking for a hedge against inflation, at a time when sellers appear unwilling to part with their bitcoin holdings.    “Against the backdrop of stimulus from the Federal Reserve, we expect investors… Source link

Loki, the ambitious Monero fork is a privacy network and provides a suite of tools to support anonymous browsing, transacting, and communicating online. Recently, Loki Network forayed into the hot DeFi space with Chainflip. After a lot of excitement around Chainflip, the last month has been unusually quiet for Loki. According to the official blog, the team was busy intensely planning the next big step for Loki. On 10 November 2020, the team finally announced that Loki is evolving into… Source link