Litecoin price has seen an incredible rise over the past 24 hours, gaining 10% in value, with trading volume exceeding $1.8 billion. This recent price action follows months of consolidation at the $55 level.  Litecoin Price Prediction  At the time of writing, LTC is trading just above $60, a zone that has served as resistance on several occasions before.   LTC’s relative strength index (blue) has risen considerably from 39 just… Source link

The past few months have been painful for Bitcoin (BTC) bulls, but they are not alone. The United States Federal Reserve’s tightening economic policy has led investors to seek protection in cash positions and inflation-protected bonds.  Surging inflation and recession signals have caused the S&P 500 stock market index to retreat 19% year-to-date. Even gold — previously considered a safe asset — is suffering the consequences, trading down 20% from its all-time high. The increasing costs… Source link

Alex Dovbnya The Tezos co-founder believes that cryptocurrency companies are severely overvalued after the era of “free money” Kathleen Breitman, cofounder of “Ethereum killer” Tezos, believes that the ongoing cryptocurrency bear market cycle is only going to get worse.   Breitman explains that the most recent bull run was “inflated” by cheap money. “There was a lot of easy money going into the system,” she said.            The Tezos co-founder believes… Source link

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Source: Wit Olszewski / Shutterstock.com Litecoin (LTC-USD) price predictions are worth checking on Wednesday after MoneyGram International (NASDAQ:MGI) revealed a new crypto buying system. LTC is among the cryptos that customers will be able to purchase through the MoneyGram mobile app. They can also store and sell the crypto through this service. Other cryptos included in the service are Bitcoin (BTC-USD) and Ethereum (ETH-USD). Alex Holmes, chairman and CEO of MoneyGram, said… Source link

Published on November 02, 2022 The City of Fort Worth’s recent foray into the cryptocurrency industry could pay in spades in attracting technology firms here. Fort Worth was the first U.S. city government to mine Bitcoin. A six-month pilot program launched Aug. 26, 2022, netted $1,019.31, after electricity costs. Carlo Capua, the City’s chief of strategy and innovation, told the City Council Tuesday that mining Bitcoin was never about the profit, but more about Fort Worth… Source link

Over the weekend, thousands of Bitcoiners and crypto enthusiasts descended on the small, sleepy Swiss town of Lugano. More specifically, they piled onto a McDonald’s restaurant. Perched on Lake Lugano, McDonald’s Lugano received countless visits from Bitcoiners keen to trade satoshis (the smallest denomination of Bitcoin) for Big Macs, McFlurrys and coffee. But why were European crypto enthusiasts excited to pay in Bitcoin (BTC) at one of the world’s most recognizable brands? Well,… Source link

After several weeks, turning into months, of lackluster range trading below the $60 mark, Litecoin made a surprising jump above this psychological level on Nov. 2, reaching intraday highs of $62.53. 🚀🚀🚀 #LITECOIN 🚀🚀🚀 pic.twitter.com/Ln2ETCBdzz — Litecoin (@litecoin) November 2, 2022 At the time of publication, Litecoin was changing hands at $59.42, up 7.13% in the last 24 hours and up 4.78% in the last seven days, according to CoinMarketCap data. This is noteworthy as… Source link

Becoming a millionaire is no longer a dream, thanks to cryptocurrencies. Several individuals have achieved their goal of becoming millionaires by investing in cryptocurrencies in recent history. In this article, we’ve also suggested some prominent crypto coins that you should invest in right now. Litecoin: A Lighter Version of Bitcoin A new cryptocurrency, Litecoin (LTC), was launched in 2011 to compete with Bitcoin (BTC). This coin was launched to increase the speed of cryptocurrency… Source link

Bitcoin (BTC) and the rest of the crypto market have been in a bear market for almost a year. The top cryptocurrency has seen its market valuation plummet by more than $900 billion in the said period, with macro fundamentals suggesting more pain ahead. Another bear cycle produces more BTC hodlers But the duration of Bitcoin’s bear market has coincided with a substantial rise in the percentage of BTC’s total supply held by investors for at least six months to one year. Notably, the… Source link