Litecoin

Litecoin is often called the silver to Bitcoin as digital gold, and strangely, the two cryptocurrencies and two precious metals are exhibiting the same behavior where one is lagging behind the other. The lack of momentum in the digital and physical forms of silver have kept the price of both assets at bay for the entire recent bull market in each class. With no growth in Litecoin compared to other cryptocurrencies, the altcoin is only a billion dollars away from losing the top ten… Source link

Even though most of the coins are in the green zone, there are also some exceptions to the rule. Mainly, Uniswap (UNI) is the main loser out of the top 10 assets, falling by 6.32% over the last day. Top 10 coins by CoinMarketCap BTC/USD Yesterday morning, the support at $53,400 withstood the bears’ onslaught. Sellers pierced this level, but the price was able to recover to the area of the $55,800 mark. In the afternoon, trading volumes began to decline, and the… Source link

Cryptocurrencies have gone ballistic. In December, Bitcoin (CCC:BTC-USD) traded at just $22,761. Today, it’s up to $56,314 after hitting an all-time high of $60,717. Over the same timeframe, Ethereum (CCC:ETH-USD) ran from about $644 to $1,800 after briefly touching $2,029 in late February. Litecoin (CCC:LTC-USD) ran from about $91 to $200.56 after hitting a high of $240 in late February, as well. All thanks to a long line of retail and institutional bulls. Goldman Sachs (NYSE:GS)… Source link

The Litecoin price is attempting to bounce back after dropping to a multi-week low of $170 yesterday. The LTC is trading at $192, which is 6.7% above its lowest level this week. Its market cap is at$12.89 billion, according to data compiled by Coin Marketcap.  What happened: Litecoin has been an embattled cryptocurrency after it reached an all-time high of $245. It has dropped by more than 22% from this high. This performance is mostly because of the overall… Source link

Ethereum Ethereum fell by 0.79% on Tuesday. Following a 5.78% slide from Monday, Ethereum ended the day at $1,668.09. A mixed start to the day saw Ethereum rise to an early morning high $1,714.61 before hitting reverse. Falling short of the major resistance levels, Ethereum slid to a mid-morning intraday low $1,652.06 before finding support. Steering clear of the first major support level at $1,623, Ethereum struck a late afternoon intraday high $1,723.61. Falling short of the first major… Source link

Litecoin is on the verge of a massive technical breakout from a falling wedge pattern. The MVRV ratio shows that LTC is in a buy zone, which is a bullish signal. Litecoin’s expected breakout may delay due to the resistance illustrated by the IOMAP. Litecoin is trading 2% higher over the last 24 hours. It is among the few coins dotting the cryptocurrency market green. Meanwhile, short-term technical analysis suggests that a breakout is around the corner, especially… Source link

Litecoin during the last cycle was as popular and hyped as other top cryptocurrencies Bitcoin and Ethereum. This time around, however, the coin called digital silver isn’t performing anywhere nearly as well as its digital gold counterpart or even other altcoins. Whatever has been causing the lag behind the rest of the market, there are several signs that the altcoin has bottomed and is the next cryptocurrency in line to set a new all-time high. Five Technical Signs That Point To A Bullish… Source link

Nowadays, more people are checking the price of Litecoin and other cryptocurrencies. It’s the latest investment option that’s sweeping the world. Litecoin is one of the thousands of cryptos you can find on the internet. Many people consider it the silver to Bitcoin’s gold, so they want it in their portfolios. Let’s explore the humble beginnings of the internet’s digital silver. We’ll compare it with digital gold Bitcoin and check their… Source link

Bloomberg Scion of Billionaire Family Hunts for Cheap Assets in Venezuela (Bloomberg) — The name Cisneros is synonymous with business acumen and opulence in the minds of Venezuelans old enough to remember the pre-Hugo Chavez years.Over generations, the billionaire family brought the Studebaker, Pepsi-Cola and department stores to the oil-rich country. It launched DirecTV in Latin America, ran beauty pageants, produced soap operas and owned banks, TV stations, ice-cream makers and brewers.Now,… Source link

Ethereum Ethereum fell by 1.22% on Sunday. Following on from a 0.14% loss on Saturday, Ethereum ended the week down by 3.49% to $1,784.0. A mixed start to the day saw Ethereum rise to an early morning intraday high $1,818.86 before hitting reverse. Falling short of the first major resistance level at $1,850, Ethereum slid to a late morning intraday low $1,748.25. Ethereum fell through the first major support level at $1,782 and the second major support level at $1,757. Steering clear of… Source link