Litecoin price set for a profitable week in a battered quarter

Litecoin price prints green numbers during the European trading session. LTC price could be set for a breakout trade which could be positive for bulls. Overall sentiment remains bearish, however, in the long term towards December. Litecoin (LTC) price is set to jump higher this week as markets see bulls storming out of the gate this Monday morning. After a very volatile two weeks where the world seemed to be on fire again and the apocalypse was near, it was time… Source link

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First Mover Americas: Bitcoin Remains Above $19K as Long-Term Holders Stay the Course – CoinDesk

First Mover Americas: Bitcoin Remains Above $19K as Long-Term Holders Stay the Course – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

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BTC, ETH Marginally Higher as USD Weakens on Monday – Market Updates Bitcoin News

BTC, ETH Marginally Higher as USD Weakens on Monday – Market Updates Bitcoin News

Following a red start to October, crypto prices moved marginally higher during Monday’s session. After a brief stint below $19,000 on Sunday, bitcoin rose back above this point, as the U.S. dollar began to weaken against other G7 currencies. Ethereum was also in the green, momentarily moving above $1,300. Bitcoin Bitcoin (BTC) was trading marginally higher on Monday, as crypto prices reacted to a weaker U.S. dollar. Following last week’s rally in USD, the currency eased to start… Source link

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Bitcoin Lightning Network capacity strikes 5,000 BTC

Bitcoin Lightning Network capacity strikes 5,000 BTC

Bear markets are for building out capacity on the layer-2 Lightning Network. Despite macroeconomic headwinds and sluggish price action, the Lightning Network, the layer-2 payments solution fo Bitcoin (BTC), continues to flourish. The Bitcoin Lightning Network reached a milestone capacity of 5,000 BTC ($96 million). In effect, more and more Bitcoin is being introduced to Lightning Network payment channels worldwide, as Bitcoiners continue to support the growth of the network. Bitcoin Lightning… Source link

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Ethereum (ETH) Records Inflows for Second Week Straight, But There Is Nuance

Ethereum (ETH) Records Inflows for Second Week Straight, But There Is Nuance

Gamza Khanzadaev Ethereum and Bitcoin finished last week with inflows, while XRP and Cardano recorded outflows Ethereum and ETH-oriented products are seeing their second consecutive week of inflows, according to a fresh weekly fund flow report from CoinShares. Thus, during the past week, there was an inflow of $5.6 million into these assets. Despite continued positivity, month-to-date and year-to-date stats for Ethereum-oriented products remain disappointing, which means outflows. In… Source link

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LTC/USD bearish as price slips to $52.76

LTC/USD bearish as price slips to $52.76

Cryptocurrencies price heat map, Source: Coin360 Litecoin price analysis reveals that after a brief bullish surge, LTC has fallen back below the $53 level against the US dollar. The price is now trading close to the key support at $52.76 and is down by 0.41% on the day. The coin has a market capitalization of $3.71 billion, and its trading volume over the past 24 hours has been $313 million. The support for the LTC/USD pair is present at $51.77, while the resistance levels are at $53.09,… Source link

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BTC price still not at ‘max pain’ — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week in a precarious place as global macro instability dictates the mood. After sealing a weekly close just inches above $19,000, the largest cryptocurrency still lacks direction as nerves heighten over the resilience of the global financial system. Last week proved a testing time for risk asset investors, with gloomy economic data flowing from the United States and, moreover, Europe. The Eurozone thus provides the backdrop to the latest concerns of market… Source link

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Ethereum Price Recovery Could Soon Fade If ETH Fails To Surpass $1,350

Ethereum started a fresh decline from the $1,350 resistance against the US Dollar. ETH retested $1,255 and remains at a risk of more losses. Ethereum started another decline after it failed to clear the $1,375 zone. The price is now trading below $1,320 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline sharply if it stays… Source link

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Bitcoin Price Keeps Struggling, What Could Trigger Another Downtrend

Bitcoin price is struggling to climb above the $20,000 resistance against the US Dollar. BTC could decline heavily if there is a close below the $18,500 support. Bitcoin remained in a range and stayed above the $19,000 support zone. The price is trading below $19,400 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $19,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could… Source link

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Every Real Estate Investor Should Own Bitcoin – Bitcoin Magazine

This is an opinion editorial by Leon Wankum, one of the first financial economics students to write a thesis about Bitcoin in 2015. Prologue The following article is part of a series of articles in which I aim to explain some of the benefits of using bitcoin as a “tool.” The possibilities are endless. I selected three areas where bitcoin has helped me. Bitcoin helped me take my entrepreneurial endeavors to the next level by allowing me to easily and efficiently manage my money and build… Source link

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