Category Archives: Litecoin

From the price action, the $140 price level is the overhead resistance that is yet to be broken. From the Fibonacci tool, the LTC market is in the 0.236 and 0.382 Fib. retracement levels. LTC/USD Medium-term Trend: Bullish Resistance Levels: $140, $150, $160 Support levels: $130, $120, $110 Yesterday, June 19, the price of Litecoin […]

Facebook has launched its whitepaper. How can this affect cryptocurrencies in the short term? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Facebook released the white paper for its cryptocurrency project on June 18. The researchers at Binance research opine that Facebook’s Libra can boost cryptocurrency volume “due to increased accessibility from both institutional players and everyday retail users.” While the researchers have pointed to the huge potential of Libra, they have raised concern that regulators and financial institutions might act as obstacles. The Minister of the Economy and Finance, Bruno Le Maire said that he would “ask for guarantees” from Facebook to ensure that the stablecoin is not used for unlawful…

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Litecoin has been on its feet, amassing gains daily, as the Litecoin halving date draws closer. Clearly, Litecoin (LTC) is one of the best cryptocurrency to invest in 2019. The digital currency has proven itself by surging by almost 400 percent over the past couple of month. The Litecoin prediction 2019 is also acting like bulls, attracting more investors to the digital currency. However, most of the gains the digital currency has accumulated so far are attributed to the forthcoming Litecoin halving. Continue reading Litecoin Partners with Bibox Exchange to Launch A Physical Cryptocurrency Debit Card at Smartereum.

By CCN Markets: Litecoin (LTC) entered a positive territory on Wednesday while other top cryptocurrencies trended flat as investors became cautious following the introduction of the Facebook token, Libra. The LTC-to-dollar exchange rate established an intraday high of $139.66, up more than 3 percent since the Asian session open. The upside action neutralized the pair’s losses in the past seven days. At the same time, it brought Litecoin’s month-to-date gains to 26 percent, with a market value of approx $3.94 billion. Debit Card, Calibra Announcement The surge in the Litecoin price closely followed an announcement by the Litecoin Foundation. The nonprofit The post Litecoin Price Gains Despite Facebook’s Libra Stealing Altcoins’ Thunder appeared first on CCN Markets

Litecoin’s performance today is remarkable when comparing it to other coins in the market. While everybody else has been shredding their price, Litecoin has been climbing up step-by-step gaining all of the lost market value during the last couple days bear. The sentiment quickly shifted into a bullish one as soon as the news came out about Litecoin introducing a debit card for offline payments of daily necessities such as goods and services. The traders immediately understood that the upcoming consolidation in price due to the halving would have an amazing pair with the increased liquidity due to the debit card. At the moment of writing this article, LTC is sitting on $137 per coin but its daily-high has currently reached $139 after the bearish sentiment stopped at $129 and it shot up at $136 within just a couple of hours. LTC chart by Trading View When it comes to…

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Litecoin Foundation join hands with Bibox Exchange and Ternio to issue its crypto version debit card. Litecoin price reacts with an uptick of 5%, trading at $137.

Litecoin Foundation has teamed up with cryptocurrency exchange Bibox and enterprise blockchain solution provider Ternio to release a special debit card. The soon to be released debit card will allow users to pay through Litecoin and Bibox tokens with any merchant that supports credit/debit cards. The new debit card is built on top the BlockCard technology by Ternio. Users can deposit any cryptocurrency and store their spendable value in Litecoin, Bibox Token or Ternio token to spend it through the debit card. The card will initially be released for the US and then for the non-US residents. In this partnership, Bibox exchange will be acting as the custodian of funds. Bibox exchange will be leveraging it’s $200 million trading volume to route the deposits and spending of the users. “This is an exciting partnership for us as it furthers Litecoin Foundation’s mission to create more use cases for spending Litecoin…

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The Litecoin Foundation has announced a partnership with Bibox Exchange and blockchain firm Ternio to release a physical cryptocurrency debit card. The Litecoin Foundation has announced a partnership with Bibox Exchange and blockchain firm Ternio to release a physical cryptocurrency debit card, in a blog post on June 18. Per the post, the companies will jointly roll out a cryptocurrency debit card dubbed “BlockCard” that will purportedly let users spend their cryptocurrency funds both online and in physical store locations around the world. Customers will be able to keep cryptocurrencies such as litecoin (LTC) and Bibox Exchange’s and Ternio’s native tokens bibox token (BIX) and ternio (TERN) respectively. Within the project, Bibox Exchange will act as the custodian of users’ funds and leverage over $200 million worth of cryptocurrency trading volume. Ternio will provide a dedicated platform. The Litecoin Foundation and Bibox Exchange will integrate the card directly into the…

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The cryptocurrency market at the moment is enjoying a relatively positive run, with a majority of the coins providing good yield after Bitcoin broke the $9000 barrier. While Bitcoin has stolen the show in 2019, it would also be safe to say that other altcoins have done their part as well. One altcoin on the […] The post Ethereum, Litecoin lead the charge as speculation about new ‘alt season’ rises appeared first on AMBCrypto.

There are signs of increasing institutional interest in cryptocurrencies. Can this propel the markets to the next level? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. In the previous bull market, there was hardly any institutional involvement. Barring a few die-hard crypto enthusiasts, who were ‘hodlers,’ the rest of the traders were novices who wanted to jump on the get-rich-quick bandwagon. However, retail traders are easily influenced by a change in sentiment. Hence, the market overshot both on the way up and on the way down during the bear market. A report by Nikolaos Panigirtzoglou, managing director of global market strategy at JPMorgan Chase, points to increased institutional interest in cryptocurrencies. The…

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The past year saw a lot of ups and downs in the digital asset market. Thankfully, the struggle between the bears and the bulls is behind us as market leader Bitcoin has climbed above $9100 as of press time after going through a pullback. The tussle for superiority that the market currently faces is between Bitcoin and altcoins. While Facebook’s crypto launch restores is believed by a section of the crypto space as a move that brings regulatory faith in virtual currencies. Continue reading Bitcoin, Litecoin and NEO Lead the List of Top Performers for the Week at Smartereum.

It would appear that Tron chief executive officer, Justin Sun is the first to RSVP the anticipated $4 million lunch with Warren Buffett. His position was announced via Twitter. Charlie Lee, who founded Litecoin and was once an employee of Google and Coinbase, will also be attending the lunch. The event is slated to happen in two weeks at a yet to be disclosed location in the Bay Area. It could be at a nice steakhouse. Continue reading Litecoin Is Poised For A bull Rally As Founder Agrees to Meet Warren Buffett and TRON’s CEO Justin Sun Over Lunch at Smartereum.

The major cryptos have all experienced a bullish pattern with their prices beginning to rise. The major gainer is the number one crypto, Bitcoin. Bitcoin had already begun surging high in the past week with its price trading above $8100. In the past weekend, BTC managed to touch its 13-month high. The overall digital asset market has started an upward price shift and broken critical resistance levels. Aside from many other considerations, one of the coins that is expected to be nearing launch is Facebook’s Libra coin. Continue reading Cryptocurrency Market Update: Bitcoin, Ethereum, Litecoin, XRP and USDT Turn Bullish, How High Can They Go? at Smartereum.

The over-all market cap of digital and cryptocurrencies has come closer to breaking below a hundred billion dollar ($100bn) scratch last year. Formerly, the emotion was very feeble, and every rally was sold on. Analysts were hopeless to see crypto highs again. However, now, the total market cap is crawling towards three hundred billion marks. Each dip is bellicosely approved, and few cryptocurrencies even went on to set new heights. The sentiment has changed within a short span of time. Let’s look at the top five players in cryptocurrency markets in present time: NEO/USD The founder of NEO lately publicized a fresh hundred million dollars EcoBoost fund aimed at provision of backing to multiple ventures to build the NEO network. The initial stage of the venture has initiated, and certified cohorts will be enrolled. The current update of its algorithm to develop NEO 3.0 is predicted to be unveiled by…

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Tron’s Justin Sun has announced that his first ‘plus one’ for the Warren Buffet charity lunch will be Litecoin Founder, Charlie Lee. The Litecoin creator tweeted that he was ‘excited about this opportunity to meet a legend’. We believe this refers to Buffett rather than Sun. It’ll Take More Than Justin Sun To Sell Buffett On Crypto Justin Sun won the lunch date with noted crypto-sceptic Warren Buffett after bidding $4.57 million in a charity auction. Despite bidding more than $1 million more than the previous record-winning bid, many thought his efforts would be in vain. Warren Buffett will sip a cherry coke and say: “thank you for your donations, Justin”. — Alex Krüger (@krugermacro) June 3, 2019 Undeterred however, Sun promised to enlist ‘all of the blockchain leaders’ in his quest to convince Buffett of cryptocurrency’s value. Luckily, $4.57 million paid for more than just a single seat at the…

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By CCN Markets: Tron CEO Justin Sun will be accompanied by Litecoin creator Charlie Lee on his $4.6 million crypto power lunch with billionaire bitcoin skeptic Warren Buffett. Sun revealed on Twitter that he’s thrilled to invite his “good friend Charlie” as his first guest at his July 25 lunch with Buffett. Sun says he’ll announce other friends who will join him soon. Crypto Twitter Approves of Justin’s Lunch Companion Sun was barraged with kudos on his selection. Many agree that the affable Lee is an excellent choice of crypto ambassador on this epic lunch. Twitter user “Tommy Mustache” reacted The post Litecoin’s Charlie Lee Joins Warren Buffett’s Crypto Power Lunch with Justin Sun appeared first on CCN Markets

On the upside, if price breaks above the $140 price level, the crypto’s price will reach the previous high of $160 price level. On the downside, if price retraces and breaks below the EMAs, the crypto is likely to fall to a low at $110 or $120 price level. LTC/USD Medium-term Trend: Bullish Resistance Levels: […]

Can Facebook’s announcement regarding its crypto project next week provide a boost to other cryptos? The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The total market capitalization of cryptocurrencies had come scaringly close to breaking down below the $100 billion mark in mid-December of last year. At that time, sentiment was very weak and every rally was being sold on. There were talks of cryptocurrencies never seeing their lifetime highs again. However, fast forward seven months and total market capitalization is inching towards the $300 billion mark. Every dip is being bought aggressively and a few cryptocurrencies have already gone on to make new highs. The sentiment has changed within a…

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The cryptocurrencies have noted a new bull rising in the market, even as Bitcoin was praised for its developments and performance in the market; however, another coin has emerged to compete in terms of popularity, by reporting larger gains. Surprisingly, Litecoin is the new competition for Bitcoin. Litecoin [LTC]  Source: Trading view Since the beginning of 2019, Litecoin has managed to register 316% gains, according to Coinbase’s trading view chart. The price of the coin spiked from $31.96 to $133.23 within six months, leaving most major cryptos behind, even Bitcoin. This surge in Litecoin prices could be associated with its listing on Coinbase as well as the upcoming halvening. The Litecoin halvening would not only cut the coins offered to miners by 50% but also cut supply all over. The aim of this process is to drive the prices and to prevent the depletion of the coin’s value. A report…

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It is being reported by NewsBTC that the Glory Kickboxing League, which previously had announced a partnership with the Litecoin Foundation, is now accepting Litecoin in exchange for tickets to its shows, and to celebrate, is offering a special VIP package for the first 10 customers who choose to pay with LTC.

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