Latest Litecoin News
The rally in Bitcoin and select altcoins seems to have hit a wall as bears continue to aggressively push back at key overhead resistance levels. Hong Kong tech company Meitu revealed on April 8 that it had added $10 million worth of Bitcoin (BTC) to its holdings which were purchased at an average rate of […]
Total Processing, a merchant services company has published a study this week about the most-watched cryptocurrency videos on Youtube during the last year. Even though bitcoin has climbed 700% since last April, ethereum has climbed 1,100% and videos pertaining to ethereum have accumulated the most views since April 2020. Ethereum Videos Are the Most Viewed […]
Following the acquisition of the Chinese mining pool Btc.com, the China-based lottery company 500.com revealed the purchase of a bitcoin mining rig manufacturer Bee Computing. The Shenzhen firm purchased the semiconductor and mining device manufacturer for roughly $100 million in a share exchange agreement. 500.com Changes Name to Bit Mining Limited and Acquires Bee Computing […]
Bitcoin and most major altcoins have bounced off their immediate support levels, indicating an increase in bullish sentiment. The total crypto market capitalization reached the important milestone of $2 trillion on April 5. As cryptocurrencies increase in value, they are likely to attract further investments from institutional investors because they can no longer afford to […]
Select altcoins could rally higher if Bitcoin and Ethereum hold on to their recent gains. According to a recent research note by JPMorgan, institutional investors have withdrawn about $20 billion from their gold investments since mid-October and during the same time frame, institutional inflows into Bitcoin (BTC) have increased by $7 billion. The bank said, […]
While bitcoin prices have been consolidating just under the $60k handle, a number of other alternative digital assets have seen steep gains. Two coins, in particular, the decentralized storage network filecoin token and the notorious meme token dogecoin have jumped well over 10% during the last 24 hours. On Thursday, April 1, 2021, otherwise known […]
PayPal revealed yesterday that its US customers can now use cryptocurrencies to pay for products and services at millions of its online merchants globally Online payments giant PayPal announced yesterday that it had started allowing customers in the United States to use cryptocurrencies to pay for goods and services at millions of its online checkout […]
LTC is facing pressure near $190 as bears look to extend the breakdown below the 20-day exponential moving average Litecoin price continues to trade near $190 as bulls target a breakout towards $200 and a possible rally to another multi-year high. The cryptocurrency looked to have picked an uptrend on 28 and 29 March, but […]
Bitcoin price bounced off the 50-day moving average but the real test is near $57,500 where the bears are likely to push back. Glassnode data shows Bitcoin (BTC) exchange reserves on Coinbase have dropped by about $8 billion. This indicates that institutional investors are locking away their purchases in cold storage for the long term […]
Bitcoin price is still meeting strong sell pressure near a key trendline, indicating the possibility of further downside for BTC and altcoins in the coming days. On March 24, Tesla CEO Elon Musk announced that U.S. buyers are now able to purchase Tesla vehicles with Bitcoin (BTC). Musk also tweeted that Tesla will not convert […]