Litecoin Climbs 10% In Bullish Trade Investing.com – was trading at $224.700 by 20:55 (01:55 GMT) on the Investing.com Index on Saturday, up 10.09% on the day. It was the largest one-day percentage gain since November 9. The move upwards pushed Litecoin’s market cap up to $15.507B, or 0.59% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $217.300 to $224.700 in the previous twenty-four hours. Over the past… Source link

The price of bitcoin has dipped below the $60K zone, a number of people have been talking about the third-largest bitcoin address called “1P5ZED” which has accumulated thousands of bitcoin during the last few days. Nobody knows who the owner of the wallet is but it holds more than 111,359 bitcoin, as it’s been steadily accruing bitcoin since the wallet’s first transaction on February 5, 2019. While some assume the address is a mega bitcoin whale, onchain data indicates that… Source link

It seems UK users will soon be unable to access Monero on one of the leading crypto exchanges. There have always been concerns around the Bitcoin competitor regarding the absolute privacy that the digital asset confers. Until now, it remains impossible to track/trace Monero transactions, making it the ultimate privacy coin, and governments are worried that individuals will use this to evade taxes. Another concern is around the use of the cryptocurrency as a criminal tool, although there is… Source link

Is the global economy in uncharted territory now vis-a-vis Bitcoin (BTC) and inflation? During most of the cryptocurrency’s brief life, the economic environment has been generally pro-growth with stable prices but recently, there are fresh warnings of an inflationary storm.  If so, what does it mean for Bitcoin, long promoted by partisans as an inflation hedge though not really tested in this way since its 2009 founding? That is, will millions of individuals and institutions flock to BTC… Source link

Market dominators Bitcoin and Ethereum noted double-digit weekly losses, at press time. Consequently, altcoins like XRP, Litecoin, and EOS corresponded by registering over 24% retracements in nine days. All these coins struck their weekly or monthly milestones on 10 November. After which all of them were in the correction phase and now showed signs of a possible recovery.  XRP Source: TradingView, XRP/USDT Since mid-October, XRP has followed a dynamic trajectory. After moving sideways for… Source link

Prices of leading cryptocurrencies, including Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH), Solana (CRYPTO:SOL), and Cardano (CRYPTO:ADA) are down more than 10% in the last week and some have fallen 20% or more from their highs. Unlike a company with a management team and financial figures, getting to the bottom of why crypto prices are moving sharply to the upside or downside takes a little more digging. Here are five reasons why crypto prices are… Source link

Bitcoin is approaching bear market territory as the world’s largest cryptocurrency plunged almost 20 percent in less than two weeks. The crypto was down more than 5 percent Friday morning from a day earlier and was last seen trading at about $56,600 per coin, about 18 percent below its peak of $69,000 reached earlier this month. The price of bitcoin has now been on the decline for six straight days, and the downturn extends widely across… Source link

With a market cap of $480 billion, Ethereum (CRYPTO:ETH) has soared over 540,000% since its 2015 inception — leaving late investors kicking themselves for not getting in while it was cheaper.  But the good news is that assets like Solana (CRYPTO:SOL) and Polkadot (CRYPTO:DOT) could make great alternatives. Dubbed “Ethereum killers,” these blockchains boast smaller market caps and superior scalability, setting them up for explosive long-term… Source link

All eyes are on Ethereum (CRYPTO:ETH) this week. As measured by market capitalization, the second-largest cryptocurrency reached an all-time high price of $4.865 per token on Nov. 10, boasting a 52-week return of 894% on the evening of Monday, Nov. 15. A sudden crash followed the next Tuesday, taking the cryptocurrency all the way down to $3,971 per token. Are the record-level Ethereum prices a sign of even greater gains to come, or is the bearish… Source link