Over the past 24 hours, Litecoin’s (CRYPTO: LTC) price has fallen 5.77% to $172.37. This continues its negative trend over the past week where it has experienced a 2.0% loss, moving from $172.15 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…. Source link
Read More »Jamie Dimon bashes bitcoin again, calling it ‘worthless’
Dimon once again attacked the top cryptocurrency, calling it “worthless” during a virtual summit Monday. “I personally think bitcoin is worthless, but I don’t want to be a spokesperson,” he said during a virtual appearance at the Institute of International Finance Meeting before adding, “I don’t care, it makes no difference to me. I don’t think people should smoke cigarettes.” But Dimon added that his own take on bitcoin has not stopped the bank from allowing its customers to buy and sell the… Source link
Read More »If You Invested $100 in Bitcoin in 2011, This Is How Much You’d Have Now
In early 2011, the then-obscure cryptocurrency Bitcoin (CRYPTO:BTC) reached $1 per coin for the first time. It was a milestone celebrated by the few crypto-enthusiasts around back then. The rest of the world was either oblivious or left scratching their heads about what Bitcoin even was. Everyone has heard of Bitcoin now. As of this writing, the price per coin is more than $57,000, representing a total market capitalization of almost $1.1 trillion,… Source link
Read More »3 Reasons to Buy Ethereum
As the world’s second-largest cryptocurrency, Ethereum (CRYPTO:ETH) has a following that may even be stronger in some ways than that of Bitcoin (CRYPTO:BTC). The Ethereum blockchain happens to be the building block upon which a range of stable coins, dApps, decentralized exchanges, and NFT exchanges (we’ll get to that in a minute) are built on. Investors who bought into Ethereum five years ago are currently up more than 270-fold. That kind of… Source link
Read More »Litecoin Price Again Fails To Suppress Rejection Zone of $180-$194 !! – Cryptocurrency News – The Market Periodical
Litecoin price over the monthly chart fails to clear its major hurdle zone of $180 to $194 and is now heading towards the lower levels. The digital asset is currently trading, facing a sharp rejection of the vital zone, and now it is struggling near its all major moving averages of 20, 50, 100, and 200-day lines. The pair of LTC/BTC is trading at 0.002966 BTC with an intraday loss of -6.97%, and the ratio of LTC/ETH is CMP at 0.04902 ETH with an intraday dip of -2.72%. Chart of LTC/USD by… Source link
Read More »Ethereum loses key support level as ETH price falls to two-month lows against Bitcoin
Ethereum’s native token, Ether (ETH), rallied by more than 15% in the first 12 days of October. But, compared to Bitcoin’s (BTC) 30% gains in the same period, the second-largest cryptocurrency is currently in a downtrend when priced in BTC. So far into October (and the fourth quarter of 2021), the ETH/BTC exchange rate has plunged by over 12%, reaching 0.060215 BTC for the first time in more than two months on Oct. 12. ETH/BTC daily price chart. Source: TradingView The drop also pushed Source link
Read More »Charlie Lee Sums Up Litecoin ‘s 10 Years History. Part Three: SegWit Intro
The last time we checked with Litecoin, its creator Charlie Lee left Coinbase to focus on his own project. The mission at hand was implementing SegWit in the Litecoin blockchain, which is easier said than done. This story is as exciting as they come. It has twists and turns and it ends with a bang. Through the following tale, we’ll learn a lot about consensus. One of the most mysterious aspects of the cryptocurrency space is how decisions are made. Are you ready to learn through a… Source link
Read More »Bitcoin continues to climb, Ethereum, Dogecoin lower
Check out what’s clicking on FoxBusiness.com. Bitcoin was trading more than 1.1% higher Tuesday morning. The price was around $57,134 per coin, while rivals Ethereum and Dogecoin were trading around $3,475 (-3.39%) and 22.3 cents (-5.98%) per coin, respectively, according to Coindesk. JPMorgan Chase CEO Jamie Dimon is no fan of Bitcoin, and he reiterated his feelings Monday by calling the cryptocurrency “worthless” while likening trading it to smoking cigarettes. VOLT EQUITY’S… Source link
Read More »LTC must Clear $190 for Bullish Momentum
The Litecoin price is grinding sideways in a narrow range, capped by the 200 DMA and unable to take inspiration from Bitcoin’s strength. Litecoin (LTC) has closed between $174.80 and $180 in each of the last six trading days, which could be a worrying sign considering BTC’s relentless advance. However, if LTC can muster the strength to clear the 200-day moving average at $189.31, it could embark on a bullish run of its own. On the flip side, if the Litecoin… Source link
Read More »Ethereum to reward patient holders and liquidate overleveraged traders – FXStreet
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not… Source link
Read More »