Many cryptocurrencies have come and gone since the debut of Bitcoin in 2009. Yet, one project, Litecoin, has stood the test of time. Litecoin has become a major competitor to bitcoin because it offers similar features such as low transaction fees and decentralization. In this guide we’ll take a look at Litecoin, what it is, how it works and its advantages and disadvantages when compared with Bitcoin. What Is Litecoin? Created by former Google engineer Charlie Lee, Litecoin is one of the… Source link

Monero (XMR) Leaves Holders Disappointed, Orbeon Protocol (ORBN) Prices Up By 260% in Presale by IndustryTrends December 1, 2022 The market is back in crypto winter. Cryptos like Monero (XMR) have seen massive losses due to their lack of utility. Meanwhile, Orbeon Protocol (ORBN) makes it easy for real and virtual startups to raise money, giving investors power so that everyone can take part in venture capital. Orbeon Protocol (ORBN) is expected to rise in presale by more than 6000%. >>BUY… Source link

Data shows a Litecoin whale has withdrawn $65.5 million in LTC from the crypto exchange Binance, a sign that may prove to be bullish for the price of the coin. A Litecoin Whale Has Taken Out 835.8k LTC From Binance As per data from the crypto transaction tracker service Whale Alert, two large LTC transfers have been spotted on the chain during the past day. The first of these Litecoin transactions involved the movement of 73,794 LTC, worth just under $5.8 million at the time of the… Source link

A popular crypto strategist says Litecoin (LTC), Apecoin (APE) and SushiSwap (SUSHI) appear ready to rally against the bear market. Pseudonymous analyst Altcoin Sherpa tells his 184,700 Twitter followers that the three digital assets are the most likely to show upward price action. “Best current coins to long in the short term IMO [in my opinion]: APE, SUSHI, LTC.” Sherpa shifts to Binance Coin (BNB), saying the cryptocurrency issued by the giant global crypto exchange may… Source link

The total cryptocurrency market capitalization gained 2% in the past seven days, reaching $850 billion. Even with the positive movement and the ascending channel that was initiated on Nov. 20, the overall sentiment remains bearish and year-to-date losses amount to 63.5%. Total crypto market cap in USD, 4-hour. Source: TradingView Bitcoin (BTC) price also gained a mere 2% on the week, but investors have little to celebrate as the current $16,800 level represents a 64% drop year-to-date…. Source link

Litecoin has once again swung into action recently with the LTC price jumping more than 8.5% in the last 24 hours. As of press time, LTC is trading at a price of $83.14 and a market cap of $5.9 billion. On the technical chart, Litecoin has given a clear accumulation breakout which could further lead to the LTC price surge to $90 and more. #Litecoin Clear accumulation breakout with retest and consolidation above. EMAs are bullish. This thing can push to $90+ pretty quickly once… Source link

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Global financial markets got a boost from Fed Chair Powell on Wednesday after the central bank chief set the stage for a 50-basis point rate hike at the Fed’s December policy meeting – citing the need to “moderate” the pace of rate increases. The dovish tone helped spark a… Source link

Bitcoin (BTC) price gained 6.1% between Nov. 28 and Nov. 30 after briefly testing the $17,000 support. Favorable regulatory winds might have helped fuel the rally after the Binance exchange announced the acquisition of a regulated crypto exchange in Japan on Nov. 30. Bitcoin 12-hour price index, USD. Source: TradingView Binance shut its operations in Japan in 2018 after being warned by the Japan Financial Services Agency for operating without a license. The acquisition of Sakura Exchange… Source link

The Ethereum price has finally been able to break above the $1,233 resistance mark. Over the last 24 hours, the coin has registered substantial gains. With the price moving above the $1,233 resistance level, Ethereum price has pictured a positive short-term bullish thesis on its one-day chart. Technical outlook also agreed with the same and depicted a rise in demand for the king altcoin. Buyers will need to stick around for longer than the next couple of trading sessions for ETH to reach… Source link

Solana’s native token, SOL, dropped 58% for the month as the Alameda balance sheet also revealed holdings of $292 million of “unlocked SOL,” $863 million of “locked SOL” and $41 million of “SOL collateral.” The fear among traders was that Alameda (and other market players) might suddenly move to dump the tokens, further exacerbating the selling pressure. Source link