Litecoin

What happened Cryptocurrencies moved higher today after the market seemed to take to the Federal Reserve’s first meeting of 2023, which concluded yesterday afternoon. Since late afternoon yesterday, the price of the world’s largest cryptocurrency, Bitcoin (BTC 3.89%), traded roughly 1.4% higher and hovered around $23,800. Meanwhile, altcoin Litecoin (LTC 6.71%) traded more than 11% higher, while meme token Dogecoin (DOGE 3.93%) was up more than 5%. So what The Fed at the end of its meeting… Source link

Litecoin (LTC) is rallying with big support from shark addresses that have accumulated more than $108 million worth of the token within months, according to Santiment. Crypto analytics firm Santiment says shark addresses have “aggressively” accumulated the token since July 2022, helping to push it toward $100. “Litecoin has now rallied its price up +89% since its drop below $50 on November 9th. Culprits for the surge of the 11+ year-old coin include addresses holding… Source link

Litecoin (LTC) recently saw an impressive 80% rally after the first ten days of November 2022. According to Santiment, a crypto analytics firm, this remarkable increase results from two key factors. Reasons Behind Litecoin’s Bullish Trend Based on the tweet from the analytics firm, Litecoin’s two major driving forces are its increasing adoption and halving process ahead in 2023. Litecoin is becoming more accepted by merchants due to its low transaction costs… Source link

Bitcoin price plunged to its weekly low of $22,862 earlier today, as traders awaited the US Federal Reserve’s rate hike decision. BTC has traded sideways in the 24-hours preceding the rate hike announcement. Bitcoin price held steady above the $23,000 immediately after the 25 bps hike.   Litecoin price appears unfazed by the resistance formed above Bitcoin’s trillion-dollar market cap. Market makers may be eyeing the surplus liquidity resting in the mid-$120… Source link

Litecoin announced partnership with Mastercard to provide Litecoin Mastercard in the UK and Europe. Sharks have increased their holdings by over 4% as price rallies. Litecoin [LTC] and Mastercard have announced a partnership, which would introduce the Litecoin Mastercard in the UK and Europe. A post on 30 January, while making the announcement, demonstrated that it would build a payment bridge between cryptocurrencies and traditional finance (TradFi). Investors reacted well… Source link

Most crypto investors seek projects that bring progressive solutions to the market. Snowfall Protocol (SNW) is a perfect investment in this case. The new project has revolutionized cross-chain trading. Other crypto projects like Bitcoin Cash (BCH) and Litecoin (LTC) are also good investment options, but they have yet to adopt the high interoperability like Snowfall Protocol (SNW). Bitcoin Cash (BCH) becomes accessible through another wallet; the price crosses the $130 mark Bitcoin Cash… Source link

Officials in New York are proposing a bill that would make a slew of prominent crypto assets acceptable forms of payment for state agencies. The bill, which was proposed last week, would make Bitcoin (BTC), Ethereum (ETH), decentralized peer-to-peer network Litecoin (LTC), and BTC hard fork Bitcoin Cash (BCH) valid forms of payments for the goods and services of New York state agencies. “Each state agency is authorized to enter into agreements with persons to provide the… Source link

In recent years, there has been a surge in interest and investment in cryptocurrencies, as more people become aware of their potential benefits. Litecoin (LTC) and Ripple (XRP) are two of the most popular cryptocurrencies currently available. Both have a large market capitalization, and are well-established coins with a strong user base. However, Snowfall Protocol (SNW) is a newer coin that is quickly gaining popularity over Litecoin (LTC) and Ripple (XRP). But, what makes Snowfall Protocol… Source link

The Litecoin price has shown considerable recovery ever since it reached its bottom in December 2022. LTC secured almost 50% appreciation in January this year. Currently, however, the altcoin has witnessed a price pullback and is consolidating on its daily chart. Over the last 24 hours, the Litecoin price moved down by 0.3%, which signified a range-bound movement. The altcoin also lost close to 3% of its market value. The technical outlook of Litecoin pointed… Source link

The Litecoin price has shown considerable recovery ever since it reached its bottom in December 2022. LTC secured almost 50% appreciation in January this year. Currently, however, the altcoin has witnessed a price pullback and is consolidating on its daily chart. Over the last 24 hours, the Litecoin price moved down by 0.3%, which signified a range-bound movement. The altcoin also lost close to 3% of its market value. The technical outlook of Litecoin pointed towards bullish momentum as… Source link