Latest Litecoin News
Bitcoin is stuck in a tight range but that has not stopped select altcoins from continuing their journey to new highs. The Turkish lira lost 15% of its value and dipped close to its all-time low after Turkey’s President Erdogan fired central bank governor Naci Agbal. This resulted in a massive spike in Bitcoin (BTC) […]
Select altcoins could move toward new highs if Bitcoin price continues to trade in a tightening range. Institutional investors have continued to pump money into cryptocurrency investment products in Q1 of this year, according to a report by CoinShares. The inflows of $4.2 billion in the first quarter have broken the previous record of $3.9 […]
Litecoin (LTC) price rebounded above $200 but later hit resistance near the 0.5 Fibonacci retracement level Litecoin‘s price increased by 5% in early morning trades on Wednesday, with LTC/USD recovering from lows of $197 to trade above $200. While the 9th ranked cryptocurrency has not managed to spike higher, it is likely Bitcoin’s upward trajectory […]
Bitcoin’s rejection at its all-time high and a negative divergence on the RSI suggest that BTC’s bullish momentum could be weakening and altcoins may see profit-booking as a result. The 2017 Bitcoin (BTC) bull run was led by retail traders, long-term crypto believers and Bitcoin whales. However, the tide turned in 2020 as institutional investors […]
According to regional reports, the Norwegian billionaire and hedge fund manager, Ole Andreas Halvorsen, is investing funds into an energy-reducing cryptocurrency mining chip hardware company. The company Norway’s fourth richest man is investing in claims to build application-specific integrated circuit (ASIC) mining chips that are allegedly 300%-500% more energy efficient than existing hardware. Norwegian Hedge […]
A massive online traffic surge temporarily overloaded a website back in February after the company announced that it invested in Dogecoin. Hello Pal, a Canadian social platform has said that its website suffered a temporary outage back in February. According to a press release issued by the company on Thursday, the incident occurred shortly after […]
Bitcoin and altcoins are picking up momentum as bulls attempt to secure a daily close above the $52,000 level. Data from Glassnode shows that Bitcoin (BTC) held on centralized exchanges has dropped by about 20% in the past 12 months. This suggests that investors are withdrawing their Bitcoin to the cold storage with a view […]
Earlier today, on October 18, the cryptocurrency market endured a major correction, as the price of Ethereum fell by 10 percent and Bitcoin declined by over 5 percent. Within the past 24 hours, the price of Ether, the native cryptocurrency of Ethereum, fell from $340 to $299, while the price of Bitcoin fell from $5,550 […]
On October 17, Bitcoin.com released a controversial statement which claimed that Bitcoin Cash is Bitcoin. In response, leading industry experts including Litecoin creator Charlie Lee offered harsh criticism. Bitcoin.com Claims Bitcoin Cash is Bitcoin, Angers Bitcoin Community In September, Bitcoin Cash was launched through a hard fork executed by a few major mining pools including […]
Polkadot raced past Litecoin to become the fourth largest futures market as its open interest reached $573 million this week. Polkadot (DOT) has been raising eyebrows for the past couple of months as the interoperability-focused altcoins has gained 625% in the past three months. The promise that interoperability between blockchains will be a viable solution […]