Category: LTC

Bitcoin and a few altcoins have bounced off their recent lows, suggesting that the sentiment remains to buy the dips. Bitcoin (BTC), gold, crude oil, and the US equity markets all rose sharply throughout the second quarter of this year. This shows that investors’ appetites remain strong as they are confident that central banks will…

Bitcoin’s price dropped below the ascending triangle trendline, suggesting further bearish price action for BTC and altcoins. The total crypto market capitalization has been stuck roughly between $240 billion and $280 billion for about two months. This range-bound action suggests that cryptocurrencies are waiting for a trigger to propel the market cap higher. As the…

Bitcoin price continues to lose momentum, signaling the possible start of a deeper correction below $8,200. Grayscale Investments has been taking in Bitcoin (BTC) at a frantic pace. In the last week alone, the fund gobbled up 19,879 Bitcoin, which is way over the 7,081 Bitcoin mined during the period, according to crypto researcher Kevin…

A few major cryptocurrencies are close to breaking below their critical support levels, indicating further downside in the next few days. Coronavirus cases are jumping across the world as nations reopen their economies and this raises the risk of a second wave which could slow down the current recovery in major markets. Global debt levels…

Bitcoin is flashing some bullish signals as volatility is expected to pick up over the next few days. The current economic environment has made it difficult for pension funds to sustain their expected rate of return. The U.S. Federal Reserve has continued along the path of cutting rates to zero and it seems likely to…

Most major cryptocurrencies are stuck in a range suggesting a balance between supply and demand. Kraken crypto exchange CEO Jesse Powell has said that a large number of both retail and institutional investors have opened accounts with them. This shows that all types of investors are concerned about the current economic condition, hence they have…

Bitcoin price is struggling to overtake $9.6K even as Federal Reserve policy appears to be driving new investors into BTC. Stephen Roach, a faculty member at Yale University and former chairman of Morgan Stanley Asia, believes that the supremacy of the U.S. dollar is likely to be challenged and the greenback could decline by as…

Creator of Litecoin, Charlie Lee, discussed the upcoming MimbleWimble upgrade which aims at enhancing Litecoin’s privacy and scalability. The creator of Litecoin, Charlie Lee, discussed the upcoming MimbleWimble upgrade which aims at enhancing Litecoin’s scalability and privacy. Lee noted that Litecoin’s upcoming implementation will be able to scale much better than other privacy-focused protocols, like…

Recent surges in open interest on Bitcoin and Ethereum options contracts suggests institutional players are continuing to build positions in the top two cryptocurrencies. Bitcoin (BTC) futures daily trading volume plunged sharply from about $20 billion on June 11 to about $5 billion on June 13. This is a negative sign because the volume increased…

Turkish real estate firm Antalya Homes announced that its customers can now pay for properties listed on its platform with Bitcoin. Turkish real estate firm Antalya Homes announced that its customers can now pay for properties listed on its platform with Bitcoin (BTC). According to a June 15 announcement, Antalya Homes claims to have recorded…