Litecoin’s (CRYPTO: LTC) price has decreased 7.89% over the past 24 hours to $147.53, continuing its downward trend over the past week of -4.0%, moving from $154.75 to its current price. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the… Source link
Read More »Ethereum Has Burned 1.2 Million ETH in 4 Months, Close to $5 Billion in Ether Destroyed – Technology Bitcoin News
With three days left until the end of 2021, the Ethereum network and its native token ether have had a phenomenal year as ether has increased more than 450% in value in 12 months. 145 days ago, on August 5, the Ethereum network implemented the London hard fork and since that day, 1,283,226 ether worth close to $5 billion has been burned. Burning $5 Billion in Ether in 4 Months Around four months ago, Ethereum implemented the London upgrade which added a number of new rule-sets to the… Source link
Read More »Could This Dogecoin, Litecoin Penny Stock Miner Be In For A Short Squeeze-Fueled Reversal?
Hello Pal International, Inc (OTC:HLLPF) has spent the last six trading days consolidating sideways after declining over 54% from its Nov. 16 high of 70 cents. On Dec. 9, Benzinga called out the potential for Hello Pal stock to drop if it broke bearishly through a descending trendline, which had been propping it up since Sept. 20. The travel-based social media app, which offers a cryptocurrency wallet and plans to offer Dogecoin (CRYPTO: DOGE) and Litecoin (CRYPTO: LTC)… Source link
Read More »Tokenized Bitcoin in Circulation Nears a Half Million BTC, Bitcoin-Pegged Token Value Exceeds $21 Billion – Blockchain Bitcoin News
According to data recorded on December 28, there’s approximately 434,265.43 bitcoin-pegged or wrapped bitcoin tokens worth more than $21.3 billion across several blockchains. Ten different bitcoin-pegged projects exist today and the project Wrapped Bitcoin dominates 59.66% of all the tokenized bitcoin in circulation. Close to a Half Million Tokenized Bitcoin Circulates on Several Blockchains, Wrapped Bitcoin Dominates by 59% Toward the end of 2018, when tokenization really started… Source link
Read More »The 9-minute read that could change your life – Cointelegraph Magazine
By now, you’ve probably heard of Bitcoin. You may have heard that it has made some people rich. You may also have heard that it’s a new form of digital money and that it’s the future of commerce, or that it’s a criminal enterprise and that it’s bad for the planet. The messaging is confused and confusing, which is partly because no one person controls it — just like Bitcoin, which belongs to… well, all of us. In this short essay, I want to help the Bitcoin-curious understand a few… Source link
Read More »Should You Sell Litecoin (LTC) Tuesday?
Litecoin receives an average long-term technical score of 34 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the coin’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. LTC currently holds a superior long-term technical… Source link
Read More »Monero miner found on torrent download of new Spider-Man movie
Tom Holland and Zendaya (right) attend the premiere of Sony Pictures’ ‘Spider-Man: No Way Home’ on December 13 in Los Angeles. Researchers at ReasonLabs recently found a Monero miner in a torrent download of the new movie. (Photo by Emma McIntyre/Getty Images) A Monero miner was found in a torrent download of what researchers believe to be the new movie, Spider-Man: No Way Home. A ReasonLabs blog post reported that the file identifies itself as: spiderman_net_putidomoi.torrent.exe. This… Source link
Read More »Mike Novogratz Talks Down on Litecoin, Talks Up SOL and Luna – Coinspeaker
CEO of Galaxy Investment Partners Mike Novogratz questions the technological framework of Litecoin, prefers LUNA and Solana. Mike Novogratz spoke ill of digital currency Litecoin (LTC) in a recent media session, saying it is “not a technology”. The ex-hedge fund manager also said that LTC lacked proper community engagement and had poor technological innovation. Speaking with CNBC’s Joe Kernen, Novogratz said: “It’s strange to me that Litecoin shows up on anyone’s, you know…… Source link
Read More »Veteran Bitcoin hodlers are still selling record low amounts of BTC despite 70% gains in 2021
Seasoned Bitcoin (BTC) hodlers have hardly spent any coins despite $69,000 all-time highs this year, data shows. According to the Coin Days Destroyed (CDD) metric from on-chain analytics firm Glassnode, the proportion of coins being spent by old hands remains near record lows. Strong hands knuckle down throughout 2021 In the latest sign of the conviction of those who invest in and hold Bitcoin over multiple years, CDD remains extremely calm. The indicator refers to how long each BTC has been… Source link
Read More »Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High – Mining Bitcoin News
20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice Age” proof-of-stake (PoS) transition for another six months and this week, the network’s hashrate tapped all-time highs. For the first time, statistics within the six-month range indicate Ethereum’s hashrate surpassed 1 petahash per second (PH/s). Ethereum Hashrate Taps 1 Petahash Ethereum (ETH) miners are making profits at the end… Source link
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