Litecoin is presently following the broader market trend and is trading red. However, the bigger picture behind the price fall is bigger than just external cues. And these recent developments play a bigger role in this big picture. Litecoin at #2 Although the 7.63% drop in price can be considered as the result of LTC’s high correlation with Bitcoin, it did manage to contribute majorly to what is expected out of Litecoin. As previously analyzed, Litecoin is currently stuck in a downtrend… Source link

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The new opt-in feature turns your idle PC into a cryptominer, with Norton skimming 15% off the top, plus market fees. Image: NortonLifeLock Cybersecurity software company NortonLifeLock is coming under fire for its decision late last year to begin installing Ethereum mining software on its Norton 360 customers’ PCs without their permission… Source link

VALLETTA, Malta and SINGAPORE, Jan. 7, 2022 /PRNewswire/ — The Litecoin Foundation joins the Function X blockchain as a public validator. The Litecoin Foundation is a community-led, non-profit organization that promotes the awareness, development and use of Litecoin – a peer-to-peer cryptocurrency. An innovator in the global cryptocurrency community, the Litecoin Foundation educates beginners through to sophisticated investors about digital assets, their evolution, use cases and benefits…. Source link

What happened Volatility among mega-cap tokens hasn’t taken a breather today. In fact, major cryptocurrencies Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) have seen another day of declines. These tokens fell by 3.6% and 6.7%, respectively, over the past 24 hours, as of 9:30 a.m. ET. Popular meme token Dogecoin (CRYPTO:DOGE) also saw significant selling pressure today, dropping 3.8% over the same time frame. Total cumulative losses for these… Source link

Seasoned crypto investors have come to expect volatility. It’s the price of admission for participating in this emerging industry. That being said, it never feels good to lose money, and many popular cryptocurrencies have taken a beating recently. In fact, the crypto market as a whole has fallen 30% from its high in November 2021. This is hardly the first time the market has crashed, and I doubt it will be the last. But every past downturn has been a… Source link

Litecoin has been battered and bruised this week following a market-wide sell-off that has seen it fall to its lowest point since July. At the time of writing it was trading at $132 with a market cap of $9.2 billion, making it the 25th largest cryptocurrency. It is now 56.2% lower than on November 10 when it topped the $300 mark. Historical levels of support remain at $118, $104 and $91, although it is expected to have a slight relief bounce back into the $152 region before… Source link

Oversold levels of Ethereum have reached a high that traders hadn’t witnessed for almost two years, according to the Relative Strength Index (RSI). The RSI, an indicator that measures the momentum of assets to analyse overbought or oversold conditions, illustrated the magnitude of Ethereum’s recent price dump.   Per TradingView With the cryptocurrency market suffering from losses up to 20% this week, Ethereum has been one altcoin hit harder than others, as well as Source link

The second largest bitcoin mining nation in the world has cut off internet access, slashing the amount of computing power dedicated to the cryptocurrency … Source link

Cardano, Solana, Litecoin, Bitgert, Centcex & Terra – These Six Cryptocurrencies Might Explode In 2022 by Analytics Insight January 7, 2022 Here are 6 cryptocurrencies that crypto investors should watch in 2022 The crypto market looks vibrant despite the recent plunge, which is normal in any market. There is a huge number of cryptocurrencies in the market, and a number of them are showing signs of exploding in 2022. Here are 6 cryptocurrencies that crypto investors should watch in… Source link