Litecoin

Source: Twitter/@GoldinAuctions In what is called one of the largest “hard asset” transactions to be paid entirely in cryptocurrency, an unknown buyer purchased an autographed Tom Brady football card for about USD 1.68m worth of litecoin (LTC) at an auction hosted by Goldin Auctions. The auction house says this marks the most expensive item to be paid in crypto since the company began to accept this form of payment last month. “The hobby is undergoing incredible growth unlike anything… Source link

Ethereum Ethereum rose by 3.14% on Wednesday. Following on from a 5.31% gain on Tuesday, Ethereum ended the day at $2,751.59. A mixed start to the day saw Ethereum to a mid-morning intraday low $2,551.00 before making a move. Steering clear of the first major support level at $2,541, Ethereum rallied to a late intraday high and a new swing hi $2,762.59. Ethereum broke through the first major resistance level at $2,739 before easing back. At the time of writing, Ethereum was down by 0.11% to… Source link

Bitcoin (BTC/USD), Litecoin (LTC/USD), Ethereum (ETH/USD), Technical Analysis – Talking Points Bitcoin is attempting to reverse a drop that cut 20% off its value Litecoin trying to follow suit, key trendline maintains upside focus Ethereum pushes into record highs, but momentum appears fading Bitcoin Technical Outlook Bitcoin is attempting to recover the top that started in April which trimmed over 20% off its value. The dip followed bearish implications from a brewing Rising Wedge chart… Source link

Litecoin price is showing positive above the $210 support level against the US Dollar. LTC price is now trading well above the $240 level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $250 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue higher if there is a clear break above $265. Litecoin price is showing bullish signs above $240 against the US Dollar,… Source link

Litecoin price had a breakout from a descending wedge pattern on the 4-hour chart. The digital asset aims for a price target of $300 in the near term. The number of LTC whales has significantly decreased in the past week. Litecoin price has been trading sideways for the past 24 hours after a breakout from a key pattern formed on the 4-hour chart. However, the number of large holders of LTC has significantly decreased over the last week, indicating that whales are… Source link

Bitcoin and gold are different sides of the same equation. There have been several instances in the past where financial studies have asserted how Bitcoin could potentially replace gold in the future. Surveys have also pointed out how Bitcoin stands a fair chance against gold. When it comes, to Bitcoin’s silver, the argument takes a different turn. Shedding light on the difference between LTC and BTC, Charlie Lee, founder of Litecoin, told that he viewed Bitcoin as “digital gold” and… Source link

Ethereum Ethereum rose by 5.31% on Tuesday. Following on from a 9.11% rally on Monday, Ethereum ended the day at $2,667.86. A mixed start to the day saw Ethereum fall to an early morning intraday low $2,484.56 before making a move. Steering clear of the first major support level at $2,379, Ethereum rallied to a late afternoon intraday high and a new swing hi $2,683.00. Ethereum broke through the first major resistance level at $2,615 before easing back to $2,605 levels. Finding late support,… Source link

Litecoin founder Charlie Lee spoke on CNBC, explaining the differences between Litecoin and Bitcoin. He reiterated past comments on it being cheaper and faster. But, what’s interesting is that CNBC rarely gives much coverage to LTC, yet Lee had the opportunity to promote his project to a mainstream audience. Litecoin is One of a Few Long-Standing Projects Still Prominent Today Charlie Lee launched Litecoin in October 2011 with the… Source link

The Litecoin price is making a strong recovery after it dropped by more than 38% last week. The LTC price is trading at $253, which is 22% above its lowest level last week. It has a market cap of more than $16.4 billion and is the 10th-biggest digital currency in the world. What happened: Litecoin is a digital currency that is similar to Bitcoin. It is one of the oldest cryptocurrencies in the world and is mostly used as an alternative to Bitcoin. Users love it for… Source link

In early Sunday trading, Litecoin is once again testing the critical support of the 50-day moving average as the broader Crypto market woes persist. At the time of writing, Litecoin is trading at $228.0, having been as low a 223.26 earlier in the session. Like much of the crypto universe, the coin had enjoyed a stellar start to 2021, rallying as much as 167% to the 2021 high of $335.36 earlier in the month. Again like many of its peers, Litecoin has since found… Source link