The price of Litecoin (LTC) is currently negative after a significant amount of liquidation. Monday’s data from Coingecko indicates that the price of LTC has decreased by 1.4% over the past week and is currently trading at $49.98. LTC had previously achieved support at $49.68, but was unable to maintain the levels and experienced a price decline. The LTC/USD pair is currently encountering resistance at $50.85; a move over this level would target $51.50. The one-day price chart for Litcoin… Source link

Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools Fund managers are slashing the cost of exchange traded products to lure investors back into the asset class amid the ongoing crypto crash. Cryptocurrency specialist 21Shares, a Swiss group, has launched a new vehicle that tracks the price of bitcoin that undercuts rivals — and even its own flagship products — in an effort to tempt investors as they try to weather the bear… Source link

Bitcoin and Ethereum miners saw a further decline in revenue as bears from May carried on throughout June and led to sinking prices of both cryptocurrencies. June proved to be the worst month for Ethereum miners in 2022. According to Be[In]Crypto Research, ETH miners were able to generate around $549.58 million in revenue in the sixth month of the year. Source: Ethereum Miner Revenue Chart by the Block Crypto Ethereum miners’ revenue for June was down $460.42 million from May 2022’s… Source link

One of the biggest disadvantages of Litecoin is its lack of demand, when compared to other altcoins in the market. At the same time, one of its biggest advantages also happens to be the lack of demand. That, in a weird way, is worth a milestone in itself.  None whatsoever Litecoin hasn’t reported any downtime. Ever. Running for ten years with 100% uptime, Litecoin is now one of the longest-running cryptocurrency networks in the world. Understandably, the silver to… Source link

The host of Mad Money, Jim Cramer, claims that “With the immolation of crypto, the Fed’s job is almost complete.” He stressed that “one front in the war on inflation that’s been an outstanding total victory for the Fed” is the battle against financial speculation. Jim Cramer on Fed’s Policy, Inflation, Crypto Jim Cramer discussed crypto and the Federal Reserve’s fight against inflation on CNBC’s Mad Money show Thursday. Cramer is a former hedge fund manager who… Source link

Vladislav Sopov Crypto enthusiasts demonstrated some stats to explain why protocol is heavily undervalued as money transfer instrument Contents From gift cards to darknet: Monero (XMR) use in payments is on fire Unchallenged privacy of Monero (XMR) Australian crypto enthusiast John Foss, the author of The Monero Moon newsletter, shares statistical metrics to show how Monero (XMR) becomes increasingly popular for all types of money transfers. From gift cards to darknet: Monero (XMR) use… Source link

Bitcoin (BTC) meandered into the weekly close on July 3 after weekend trading produced a brief wick below $18,800. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bollinger bands signal volatility due Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it stuck to $19,000 rigidly for a third day running. The pair had gone light on volatility overall at the weekend, but at the time of writing was still on track for the first weekly close below its prior halving… Source link

Litecoin price analysis reveals that the cryptocurrency is currently in a bearish trend after a strong sell-off. LTC prices are down by almost 7% in the last 24 hours and are currently trading at the $49.98 mark. The cryptocurrency had earlier found support at $49.67 but was unable to sustain the prices and witnessed a sell-off. The LTC/USD pair is currently facing resistance at $50.85 and a break above this level would result in a move to $51.50. The Litecoin market has been quite volatile… Source link

Bitcoin (BTC) has been moving in the opposite direction of the U.S. dollar since the beginning of 2022 — and now that inverse relationship is more extreme than ever. Bitcoin and the dollar go in opposite ways Notably, the weekly correlation coefficient between BTC and the dollar dropped to 0.77 below zero in the week ending July 3, its lowest in seventeen months. Meanwhile, Bitcoin’s correlation with the tech-heavy Nasdaq Composite reached 0.78 above zero in the same weekly session, data… Source link

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “The Now” by Aaron Sprinkle. Image credit: Roc Canals/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8. Source link