Santiment reported that Litecoin is temporarily decoupled from the crypto pack. Furthermore, whale addresses with over 1,000 LTC increased rapidly from the middle of June. The LTC/BTC pair gained over 51% since June 12. Memecoins have been in the limelight since last week after Musk Completed the Twitter acquisition. Among the memecoins, Dogecoin had the best performance, soaring above 100% in the price rally to $0.15, a five-month all-time high. But, Dogecoin… Source link

After yesterday’s Federal Open Market Committee (FOMC), the Ethereum price and the crypto market have held their ground. Those market participants expecting a return to the previous range might be disappointed as macro-economic forces  At the time of writing, the Ethereum price trades at $1,540 with a 2% profit in 24 hours and a 2% loss in the previous seven days. Other cryptocurrencies in the top crypto top 10 by market capitalization follow this trend, but… Source link

Jirapong Manustrong / Getty Images/iStockphoto Since bitcoin arrived on the scene, cryptocurrencies have been a hot topic in the financial world. The basic concept behind crypto is “decentralization,” creating a monetary system outside of the control of… Source link

After numerous months of flat spectrum trading below the $60 bar, Litecoin did an astonishing jump over this subjective level on November 2, touching one day high of $62.53. At the press time, Litecoin was trading at about $59.42 which was above 7.13% in the past one day and above 4.78% in the past one week, as per the data revealed by CoinMarketCap. It is worth noting that as many cryptocurrencies are currently facing losses. Not only that, trading volumes have plunged 90% as traders… Source link

Larina Marina/iStock Editorial via Getty Images Thesis Litecoin (LTC-USD) is unlikely to outperform Bitcoin (BTC-USD) in the long term despite arguably being the better cryptocurrency for payments and transactions. This is because it lags Bitcoin in terms of security and developer interest, among other issues. What Is Litecoin? Litecoin was created as a fork of Bitcoin in 2011 with the goal of making a cryptocurrency more suited for payments and transactions. It uses proof of work like… Source link

Ranked as the #20 cryptocurrency asset with the largest market capitalization, the past few months have been marked by a rally in the price of Litecoin [LTC], data from Santiment revealed. According to the on-chain analytics platform, the LTC/BTC trading pair has seen a surge in its price in the past few months. Since bottoming on 12 June, its price has increased by over 51%.  In addition, there has been a surge in whale activity on the network since mid-June, data from… Source link

Ethereum is on an obvious bull path given its performance in the last couple of weeks. The digital asset took a turn for the better more than a month after the Merge was completed and accumulation among investors was already in full swing. ETH’s price eventually surpassed $1,600 before encountering rejection and dropping down below.  Ethereum Needs To Hold $1,500 Now that the digital asset has been beaten down back below $1,600, support has moved lower. $1,500… Source link

Ethereum is on an obvious bull path given its performance in the last couple of weeks. The digital asset took a turn for the better more than a month after the Merge was completed and accumulation among investors was already in full swing. ETH’s price eventually surpassed $1,600 before encountering rejection and dropping down below.  Ethereum Needs To Hold $1,500 Now that the digital asset has been beaten down back below $1,600, support has moved lower. $1,500… Source link

Data shows a Litecoin whale has withdrawn almost $14 million in LTC from the crypto exchange Binance, a sign that may be bullish for the crypto’s price. $13.8 Million In Litecoin Exits Wallet On Crypto Exchange Binance As per an alert from the crypto transaction tracker service WhaleAlert, a transfer of 230,373 LTC has been observed on the chain during the past day. At the time the transfer took place, this amount was worth around $13.8 million. Since then,… Source link

Alex Dovbnya Tens of millions of Fidelity’s retail clients will soon be able to start trading Bitcoin and Ethereum Contents “The most bullish thing” Institutional interest remains strong Boston-based financial services behemoth Fidelity Investments has opened up a waitlist for those who want to try out its new commission-free cryptocurrency trading service called Fidelity Crypto. The firm’s clients will be able to buy and sell Bitcoin (BTC) and Ethereum (ETH). In its statement, Fidelity… Source link