Litecoin receives an average long-term technical score of 59 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. LTC currently holds a superior long-term technical… Source link

In this guide, you will learn what Litecoin (LTC) is, why you might consider investing in it, some of its pros and cons as well as where to buy LTC coins easily (step-by-step tutorial). Introduction When Satoshi Nakamoto launched Bitcoin blockchain in 2009, it didn’t take long before other developers attempted to replicate its success with their versions of cryptocurrencies. However, it took two and a half years to see the first successful cryptocurrency outside Bitcoin, or… Source link

Bitcoin (BTC) fell further with stocks on the Wall Street open Feb. 17 as nervous markets awaited further U.S. economic policy cues and battled geopolitical tensions. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Macro conditions stay grim for stocks, crypto Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losing the $42,000 mark for the first time in several days at the start of trading. The Fed and tensions over Ukraine had already formed a backdrop to… Source link

An uptick in Bitcoin (BTC) supply to whales’ addresses witnessed across January appears to be stalling midway as the price continues its intraday correction toward $42,000, the latest data from CoinMetrics shows. Whales, fishes take a break from Bitcoin The sum of Bitcoin being held in addresses whose balance was at least 1,000 BTC came to be 8.10 million BTC as of Feb. 16, almost 0.12% higher month-to-date. In comparison, the balance was 7.91 million BTC at the beginning of this year, up… Source link

Bitcoin (BTC) dipped below $43,000 on Feb. 17 as another day on ranging compounded hopes for an incoming breakout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed teases over rate hikes Data from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a slightly widened zone with $44,500 as a ceiling over the past 24 hours. The pair had returned to the top of its intraday range overnight on the back of United States Federal Reserve comments. Expected to provide cues… Source link

The Tips feature allows users to receive money, BTC, or ETH through the third-party payment service added to their profiles. Social network company Twitter Inc (NYSE: TWTR) has taken a step further into the crypto space by incorporating Ethereum tipping and wallet support onto its platform. Twitter has updated its tipping policy. Interested users can now copy their Ethereum address and paste it on “whatever wallet” they use. Currently, the new tipping feature is only available on mobile…. Source link

Monero price is moving sideways after the latest minutes by the Federal Open Market Commission (FOMC). The XMR coin is trading at $177.90, which is about 35% above its lowest level this year. Privacy coins in focus Monero is a leading cryptocurrency that was built to solve some of the biggest challenges in Bitcoin’s ecosystem. The network is relatively faster than Bitcoin and the cost of transactions is significantly lower. Monero sets itself apart when it comes to its privacy credentials. The… Source link

Bitcoin (BTC) miners are selling off coins from their stockpiles and shares in their companies after the profitability of mining took a dive since November. With Bitcoin currently holding around $43,500, about 33% below the all-time high (ATH) of about $69,000, miners are selling at a less-than-opportune time. However, electricity and equipment bills must be paid. Data from on-chain analytics firm Glassnode shows that Bitcoin miners have become net sellers after being net hodlers for months.

The cryptocurrency market remains in a state of flux as investors are once again focused on what steps the U.S. Federal Reserve might take to combat rising inflation and markets wobble as the situation in Ukraine remains tense. Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) has hovered around the $44,000 support level and traders are hopeful that an inverse head and shoulders chart pattern will lead to a sustained bullish breakout. BTC/USDT 1-day… Source link

While Ethereum (CRYPTO: ETH) was trading lower most of Wednesday — cooling off after having a strong green day yesterday — the crypto took a turn in the late afternoon and is trading slightly up again. The crypto has been rebounding the past few weeks after seeing a strong bear market for a couple of months. The crypto has been nearing resistance and could see a breakout in the coming weeks if the bullish trend continues. Ethereum was up 0.14% at $3,139.60 Wednesday at… Source link