If Crypto Traders Abandoned Litecoin Why Are Investors Hoarding LTC?

If Crypto Traders Abandoned Litecoin Why Are Investors Hoarding LTC?

On-chain and trading data signal that traders have abandoned Litecoin, but for some reason long-term investors are hoarding LTC. Price wise, Litecoin (LTC) has had a pretty rough year and currently the altcoin is down 51% over the past twelve months. The lack of GitHub activity and planned protocol upgrades have Litecoin co-founder Charlie Lee…

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Bitcoin Daily Chart Indicates Crucial Bullish Breakout Towards $10,000

Bitcoin Daily Chart Indicates Crucial Bullish Breakout Towards $10,000

Bitcoin is rising steadily and it recently broke the $9,400 resistance against the US Dollar. BTC’s daily chart suggests that the bulls are likely aiming a larger rally towards $10,000. Bitcoin formed a strong support base near $9,000 and recently started a fresh increase. The price is currently trading well above the $9,200 support and…

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Following Bitcoin’s Hash Rate, Network Difficulty Is About to Set a New High

Following Bitcoin’s Hash Rate, Network Difficulty Is About to Set a New High

Just months ago, in March, many thought Bitcoin was on its way out. The cryptocurrency registered a 50% drop in a single 24-hour period in March, falling as global markets imploded. BTC miners followed suit, shutting down their machines en-masse because they weren’t profitable. But just three and a half months later, network data shows…

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Price Analysis 7/8: BTC, ETH, XRP, BCH, BSV, ADA, LTC, BNB, CRO, EOS

Price Analysis 7/8: BTC, ETH, XRP, BCH, BSV, ADA, LTC, BNB, CRO, EOS

Bitcoin is range-bound but altcoins are rallying, indicating increasing interest among traders looking to make sizable gains off altcoins. Altcoins have been buzzing around this week and this has reduced Bitcoin’s (BTC) dominance to 63%. Pantera Capital founder Dan Morehead believes that altcoins are going to outperform Bitcoin, the top-ranked asset on CoinMarketCap, over the…

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