Litecoin

Bitcoin has climbed this week, boosted by remarks made by the chairman of the Federal Reserve, Jerome Powell, on digital currencies and by renewed hopes of a fresh stimulus deal. The bitcoin price has climbed above $12,000 per bitcoin for first time since mid-August and is nudging its year-to-date highs. However, bitcoin’s rally has failed to boost other major cryptocurrencies, including ethereum, Ripple’s XRP, litecoin, chainlink. Now, researchers have identified what’s really driving… Source link

Ethereum Ethereum slid by 2.82% on Tuesday. Reversing a modest 0.21% gain from Monday, Ethereum ended the day at $368.81. It was a mixed start to the day. Ethereum rose to an early morning intraday high $380.90 before hitting reverse. Falling short of Monday’s high $384.69 and the first major resistance level at $385.07, Ethereum fell to a late intraday low $364.04. Ethereum fell through the first major support level at $373.27 and the second major support level at $367.18. More significantly,… Source link

Source: Phongphan – Shutterstock Cardano and Litecoin are investigating a new cooperation to establish cross-chain communication, smart contracts compatibility and increased scalability. This could be made possible by a so-called ‘velvet fork’, but further investigations must first be completed. As Crypto News Flash has already reported, Cardano’s founder, Charles Hoskinson, already launched the idea of discussing a closer partnership with Litecoin in July this year. There are several… Source link

Ethereum Ethereum rose by 0.21% on Monday. Following on from a 2.74% rally on Sunday, Ethereum ended the day at $379.36. It was a bearish start to the day. Ethereum fell to an early morning intraday low $372.89 before making a move. Steering clear of the first major support level at $371.03, Ethereum rallied to a late afternoon intraday high $384.69. Ethereum broke through the first major resistance level at $382.41 before a pullback to $376 levels and into the red. Finding late support, however,… Source link

Litecoin (LTC) and smart contract platform Cardano (ADA) are exploring a “Velvet Fork” partnership that will unlock new features in the 10th largest cryptocurrency such as cross-chain communications, smart contract capabilities, and improved scalability. In July, Cardano creator Charles Hoskinson invited Litecoin Foundation managing director Charlie Lee to potentially collaborate on the testing of cross-chain communications between the two… Source link

Ethereum Ethereum rallied by 2.74% on Sunday. Following on from a 0.8% gain on Saturday, Ethereum ended the week up by 1.12% to $378.58 It was a bullish end to the week. Ethereum rallied from an early morning intraday low $367.31 to a final hour intraday high $378.69. The day-long rally saw Ethereum break through the first major resistance level at $371.51 and the second major resistance level at $374.55. At the time of writing, Ethereum was down by 0.11% to $378.16. A mixed start to the day saw… Source link

Litecoin, like many altcoins in the market, has seen its price drop on the charts. At press time, a consolidation after the aforementioned drop seemed to be ongoing, following which, LTC may be due for a small pump. Overall, Litecoin’s price was observed to be up for a small pump, one that could turn bullish if it breaks the larger consolidation pattern. Litecoin 1-day chart Source: LTCUSD on TradingView Litecoin’s one-day chart noted a consolidation pattern in the form of a symmetrical… Source link

Ethereum Ethereum declined by 0.28% on Thursday. Following on from a 0.63% fall on Wednesday, Ethereum ended the day at $377.94. It was another mixed start to the day. Ethereum rose to a mid-morning high $381.14 before hitting reverse. Falling short of the major resistance levels, Ethereum fell to a late morning intraday low $370.06. The pullback saw Ethereum fall through the first major support level before striking a late intraday high $381.99. Falling short of the first major resistance level… Source link

Key Takeaways Litecoin is preparing to work with Cardano on a “velvet fork.” That fork will add several features including cross-chain fund settlement, smart contracts, and improved scalability. It is not yet certain that Litecoin will go forward with these plans. Share this article Litecoin is preparing to collaborate with Cardano on cross-chain interoperability, according to a blog post from David Schwartz, Project Director at the Litecoin Foundation. Velvet Fork Under… Source link

Litecoin (LTC), a nine-year-old cryptocurrency whose price returns have chronically underperformed the bigger and better-known bitcoin in recent years, is hitching its wagon to a new star: privacy. The blockchain industry subsector of “privacy coins” – cryptocurrencies with embedded technology that shields identifying information from public view – is becoming one of this year’s hottest buys. One of the biggest privacy coins, zcash (ZEC), which offers “shielded transaction”… Source link