Even though Litecoin may not be one of the topmost cryptocurrencies by market cap, it still holds a lot of value for investors. However, with the active downtrend that interest might begin fading away soon. Litecoin in the dark Litecoin has a significantly higher rate of adoption when compared to most of the other altcoins. However, it is failing as a reliable vehicle of investment at the moment.  Stuck under a downtrend, still, even after seven months, the altcoin could not keep the rally… Source link

What happened  The cryptocurrency market is crashing on Tuesday with major cryptocurrencies like Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), and Dogecoin (CRYPTO:DOGE) all dropping high-single digits. A traditionally slow week of trading could be at fault, so investors will want to watch momentum once people return to work in the new year.  As of 2:05 p.m. ET, Bitcoin was down as much as 8.1% in the last 24 hours and is currently down 7.4%…. Source link

Litecoin’s (CRYPTO: LTC) price has decreased 7.89% over the past 24 hours to $147.53, continuing its downward trend over the past week of -4.0%, moving from $154.75 to its current price. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the… Source link

With three days left until the end of 2021, the Ethereum network and its native token ether have had a phenomenal year as ether has increased more than 450% in value in 12 months. 145 days ago, on August 5, the Ethereum network implemented the London hard fork and since that day, 1,283,226 ether worth close to $5 billion has been burned. Burning $5 Billion in Ether in 4 Months Around four months ago, Ethereum implemented the London upgrade which added a number of new rule-sets to the… Source link

Hello Pal International, Inc (OTC:HLLPF) has spent the last six trading days consolidating sideways after declining over 54% from its Nov. 16 high of 70 cents. On Dec. 9, Benzinga called out the potential for Hello Pal stock to drop if it broke bearishly through a descending trendline, which had been propping it up since Sept. 20. The travel-based social media app, which offers a cryptocurrency wallet and plans to offer Dogecoin (CRYPTO: DOGE) and Litecoin (CRYPTO: LTC)… Source link

According to data recorded on December 28, there’s approximately 434,265.43 bitcoin-pegged or wrapped bitcoin tokens worth more than $21.3 billion across several blockchains. Ten different bitcoin-pegged projects exist today and the project Wrapped Bitcoin dominates 59.66% of all the tokenized bitcoin in circulation. Close to a Half Million Tokenized Bitcoin Circulates on Several Blockchains, Wrapped Bitcoin Dominates by 59% Toward the end of 2018, when tokenization really started… Source link

By now, you’ve probably heard of Bitcoin. You may have heard that it has made some people rich. You may also have heard that it’s a new form of digital money and that it’s the future of commerce, or that it’s a criminal enterprise and that it’s bad for the planet. The messaging is confused and confusing, which is partly because no one person controls it — just like Bitcoin, which belongs to… well, all of us. In this short essay, I want to help the Bitcoin-curious understand a few… Source link

Litecoin receives an average long-term technical score of 34 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. LTC currently holds a superior long-term technical… Source link

Tom Holland and Zendaya (right) attend the premiere of Sony Pictures’ ‘Spider-Man: No Way Home’ on December 13 in Los Angeles. Researchers at ReasonLabs recently found a Monero miner in a torrent download of the new movie. (Photo by Emma McIntyre/Getty Images) A Monero miner was found in a torrent download of what researchers believe to be the new movie, Spider-Man: No Way Home. A ReasonLabs blog post reported that the file identifies itself as: spiderman_net_putidomoi.torrent.exe. This… Source link

CEO of Galaxy Investment Partners Mike Novogratz questions the technological framework of Litecoin, prefers LUNA and Solana. Mike Novogratz spoke ill of digital currency Litecoin (LTC) in a recent media session, saying it is “not a technology”. The ex-hedge fund manager also said that LTC lacked proper community engagement and had poor technological innovation. Speaking with CNBC’s Joe Kernen, Novogratz said: “It’s strange to me that Litecoin shows up on anyone’s, you know…… Source link