Litecoin

According to reports, Grayscale added 174,000 tokens to its litecoin holdings in the past month. This haul pushed its total holdings of the altcoin to 1.44 million. Following this acquisition, which represents 80% of all litecoin that were mined in the past month, the total value of Grayscale’s holdings of the altcoin is now just over $248 million. However, following the large acquisition by… Source link

LTCN shares are trading 20 times lower in comparison to the LTC holdings per share by Grayscale. Thus, it’s 20 times more expensive to buy Litecoin via Grayscale than directly through the spot exchange.  The world’s eighth-largest cryptocurrency Litecoin (LTC) is up 13% today and is just short of $200. At press time, LTC is trading at a price of $194.9 with a market cap of $12.9 billion. Interestingly, investors seeking exposure to LTC via the Grayscale Litecoin Trust are paying a… Source link

Litecoin bulls engage forward gears after settling above the 200 SMA crucial level. A break above the 100 SMA and the 50% Fibonacci level to push LTC above $200 and pave the way for gains eyeing $200. The IOMAP shows the absence of strong resistance zones, adding credibility to the uptrend. A recently formed death-cross pattern may limit the bulls’ influence over the price. Litecoin has set out north after bouncing from support at $152. Initially, recovery was gradual but became… Source link

Ethereum Ethereum slid by 5.31% on Tuesday. Partially reversing a 10.55% rally from Monday, Ethereum ended the day at $1,488.34. A mixed start to the day saw Ethereum rise to an early morning intraday high $1,605.89 before hitting reverse. While falling short of the first major resistance level at $1,627, Ethereum broke through the 23.6% FIB of $1,579. The reversal saw Ethereum slide to a late intraday low $1,455.86. The sell-off saw Ethereum fall through the 23.6% FIB and the first major support… Source link

Shares in Grayscale Investments’ Grayscale Litecoin Trust, or LTCN, have been trading at a whopping 1,800% premium over the market rate of their underlying asset, Litecoin (LTC). $319 per Litecoin?  This difference is primarily due to retail investors’ inability to purchase shares directly from Grayscale Investments, whose funds are aimed exclusively at accredited investors. LTC holdings per LTCN share (orange) and premium (blue). Source: Bybt.com It costs $319 to buy a share in Grayscale… Source link

Litecoin price could blast off as multiple fundamental, technical, and on-chain indicators suggest that it is wildly undervalued. Grayscale accumulated over 174,000 LTC in the last 30 days, while the price hasn’t moved much. Whales holding 100,000 to 1,000,000 LTC have grown by 5.45%, showing interest in this cryptocurrency at the current price levels. Litecoin price dropped nearly 40% during the market-wide crash on February 20. Now, new developments around LTC… Source link

Litecoin price – Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – March 2nd, 2021 For the day ahead Litecoin would need to avoid a fall through the $172 pivot level to support a run at the first major resistance level at $181. Support from the broader market would be needed, however, for Litecoin to break out from the morning high $177.80. Barring an extended crypto rally, the first major resistance level would… Source link

Litecoin price is contained inside an ascending parallel channel on the 12-hour chart. LTC bulls have just defended a crucial support level and aim for a significant rebound. A key indicator is on the verge of presenting a strong buy signal for LTC. Litecoin price is still down by 30% since its 2021 peak of $247. However, the cryptocurrency market is showing signs of a recovery, and Litecoin bulls are planning to take advantage of it. Litecoin price poised for… Source link

Alphabet’s stock news page added a section to the day’s prices for major cryptocurrencies. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! March 1, 2021 1 min read This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. Cryptocurrencies are… Source link

Ethereum Ethereum fell by 2.63% on Sunday. Reversing a 1.07% gain from Saturday, Ethereum ended the week down by 26.54% to $1,422.02. A mixed start to the day saw Ethereum rise to an early morning high $1,469.96 before hitting reverse. Falling well short of the first major resistance level at $1,518, Ethereum fell to a mid-afternoon intraday low $1,292.76. The extended sell-off saw Ethereum fall through the first major support level at $1,411 and the second major support level at $1,256. Finding… Source link