The Litecoin price is crawling back as traders react to the latest FOMC decision. The LTC is trading at $206, which is 8.45% above yesterday’s low of $190. Litecoin is now valued at more than $13 billion and is the 9th biggest digital currency in the world. On the other hand, the Bitcoin price has jumped to almost $60,000 as bulls target the all-time high of $62,000. The background: Litecoin is one of the best-known cryptocurrencies in the world. It is also one of the oldest… Source link

Ethereum Ethereum rose by 1.05% on Wednesday. Following on from a 0.67% gain on Tuesday, Ethereum ended the day at $1,824.74. A bearish start to the day saw Ethereum slide to a mid-day intraday low $1,742.0 before making a move. Steering clear of the first major support level at $1,735, Ethereum rose to a late intraday high $1,841.13. Falling short of the first major resistance level at $1,848, Ethereum eased back to end the day at $1,820 levels. At the time of writing, Ethereum was up by 0.40%… Source link

There is no reason Litecoin can’t be part of an amateur investor’s portfolio. That said, there are a few things to keep in mind — namely, that Litecoin, like all other cryptocurrencies, has high potential for volatility. Don’t invest in cryptos if your financial situation would be crippled by a bad loss — or, at the very least, keep your crypto investing as one of your satellite investments rather than having it be part of your core portfolio. Finally, keep in mind that, unlike… Source link

Bitcoin has been trading above $50,000 since March 8. Photographer: Chris Ratcliffe/Bloomberg © 2018 Bloomberg Finance LP Bitcoin has enjoyed some impressive gains lately, breaking through $40,000, $50,000 and $60,000 for the first time all this year. After surpassing the aforementioned price levels, the cryptocurrency has been enjoying a period of strength, trading north of $50,000 since March 8, CoinDesk figures show. Since the digital asset has been… Source link

Key Takeaways Litecoin’s Mimblewimble privacy feature is code complete. Only part of the code has been submitted for review, and a review of the code may take weeks or months. The feature is nevertheless close to going live on Litecoin’s mainnet sometime this year. Share this article Litecoin’s upcoming Mimblewimble Extension Blocks (MWEB) feature is now code complete, according to developer David Burkett. The Cryptocurrency Burkett submitted the code review to GitHub on Mar…. Source link

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Litecoin Litecoin is a peer-to-peer cryptocurrency and open-source software project. A cryptocurrency is a digital “coin” that acts similarly to a traditional fiat currency. You can use cryptocurrencies to buy goods and services at retailers, though not nearly as many retailers accept cryptos as they do traditional money. The difference, though, is that while fiat currencies like the U.S. dollar, the euro and the pound sterling are backed by the full faith and credit of a country or… Source link

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You don’t have to buy Bitcoin (CRYPTO:BTC) or Ethereum (CRYPTO:ETH) tokens directly to gain some cryptocurrency exposure these days. Investors looking for a flexible stock exchange-listed play with little-to-no upfront costs may want to consider Grayscale Bitcoin Trust (OTC:GBTC) or the smaller Grayscale Ethereum Trust (OTC:ETHE) as a fresh portfolio addition. There are some pros and cons for going with one of Grayscale’s trusts, and we’ll kick those… Source link

Finance and business concept. Investment graph and rows growth and of coins on table getty According to data from the CME Group CME , the world’s largest futures and options exchange, bitcoin futures open interest—expressed in contract terms—grew by at least 100% for eight months in a row continuing through in February 2021. Furthermore, the capital tied up in these contracts grew at an exponential 1,405% annual rate from $156 million at the… Source link