Litecoin price shot up 8% in the last 24 hours despite bearish sentiment in the crypto market. Litecoin emerged as the second biggest asset by usage on BitPay in October. LTC still has to maintain its support at $56 to prevent a 23% crash to June lows of $43. Litecoin price has been performing relatively better than most other cryptocurrencies since FTX’s collapse. Despite the fluctuations in the crypto market, Litecoin has sustained its demand which is evident… Source link

Litecoin is outperforming the other major cryptocurrencies so far today and is up by more than 7% in the last 24 hours. LTC, the native coin of the Litecoin blockchain, is up by more than 7% in the last 24 hours. The coin is currently the best performer amongst the top 100 cryptocurrencies by market cap. At press time, the price of Litecoin stands at $62.15.  There is no… Source link

 LTC’s price shows bullish signs as price holds above its range channel showing signs to rally high as FTX fiascos continue.   LTC’s price trades above $60 with the market’s current state, as things look uncertain for most traders and investors.  LTC’s price bounces from a low of $50 on the daily timeframe as the price aims for a rally to $70 above the 50 Exponential Moving Average (EMA) The price action displayed by Litecoin (LTC) in recent times has been encouraging after… Source link

Ethereum is consolidating losses above the $1,200 support against the US Dollar. ETH could start a steady increase if there is a clear move above the $1,300 resistance. Ethereum is facing resistance near the $1,240 and $1,250 levels. The price is now trading below $1,240 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,240 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a… Source link

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser. Is this happening to you frequently? Please report it on our feedback forum. If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh. Source link

No one can blame Bitcoin (BTC) bulls for placing bets at $20,000 and higher for the $600 million weekly options expiry on Nov. 18. After all, this level had provided a solid resistance since Oct. 25 and held for almost two weeks. However, the base scenario changed abruptly on Nov. 8 after a liquidity crisis halted withdrawals on the FTX exchange. The movement surprised traders and over a 48-hour timespan, over $290 million in leverage buyers were liquidated. Bitcoin/USD price index, 12-hour… Source link

Litecoin achieves an average risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk. InvestorsObserver is giving… Source link

Bitcoin (BTC) ranged around $16,500 on Nov. 17 as markets digested the latest events surrounding exchange FTX. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView FTX CEO tells of “complete failure of corporate controls” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD seeing only mild volatility at the Wall Street open. The pair showed acclimatization to events around the FTX insolvency, the latest including revelations that Alameda Research had been immune from… Source link

The “Bitcoin-is-dead” gang is back and at it again. The fall of the FTX cryptocurrency exchange has resurrected these infamous critics that are once again blaming a robbery on the money that was stolen, and not the robber. “We need regulation! Why did the government allow this to happen?” they scream.   For instance, Chetan Bhagat, a renowned author from India, wrote a detailed “crypto” obituary, comparing the cryptocurrency sector to communism that promised decentralization but ended up… Source link

Bitcoin (BTC 1.63%) has lost 75% of its value over the last year. The crypto market may have raced too high, too fast in the fall of 2021, setting pretty much every digital coin up for a sharp correction. Raging inflation and the painful government measures designed to fight that problem have also weighed on high-risk investments this year, and Bitcoin belongs in that category. And if these high-level market concerns weren’t bad enough, crypto investors recently lost some of their faith in… Source link