Category: LTC

XRP has fallen below Litecoin by market cap after a major investor filed a new lawsuit against Ripple. XRP has once again lost its place as the fourth-largest cryptocurrency, with lawsuits mounting against Ripple after one of its major investors followed the SEC in filing a complaint against the project. According to a Jan. 6…

After today’s sharp downside move, Bitcoin and altcoins could trade in a sideways range as bulls and bears fight to control the market’s momentum. Bitcoin (BTC) price plunged by about $3,400 in an hour, warning traders that corrections during a parabolic move are likely to be sharp. Data from Glassnode shows that the fall resulted…

Jan 4, 2021 at 9:25 p.m. UTC CoinDesk 20 Bitcoin Price Index Market Wrap: Bitcoin Briefly Drops Close to $28K as Ether Futures Heat Up Over-leveraged bitcoin investors in the derivatives market led to Monday’s sell-off while ether spot and futures markets are starting to get a lot more attention. Bitcoin (BTC) trading around $31,444…

Litecoin (LTC) has retraced to lows of $140 after touching its highest price level in over a year at $174 Litecoin’s price reached a new 52-week high around $174 during the early Asian trading session today. The uptrend saw Litecoin briefly surpass Ripple (XRP) as the largest public blockchain project by market cap. However, the…

Digital currency markets have seen decent gains this weekend as bitcoin touched another all-time high (ATH) on Saturday afternoon. Meanwhile, a number of other crypto assets have seen significant price rises as well, as the entire market capitalization of all 7,500+ digital currencies in existence is hovering above the $800 billion mark. The $800 Billion…

Altcoins could also see a strong buying interest and may run up vertically if Bitcoin rallies above $30,000. Bitcoin (BTC) rallied from an intraday low at $17,573.29 on Dec. 11 to an intraday high at $29,310.19 on Dec. 31, a 66.78% rally in a short span. This shows strong demand from traders at every higher…

Bitcoin price continues to chase after $30,000 but continued rejections below the key level are negatively impacting altcoin prices. On-chain data suggests that high-net-worth individuals continued to buy Bitcoin (BTC) after Christmas. Analysts at Santiment said that smaller traders sold about $647 million worth of Bitcoin and this sum may have been bought up by…

Litecoin needs sustained upward pressure above $130 to target its highest price level since June 2019 Litecoin (LTC) has faced strong resistance at $130 but could end the year on a high if bulls strengthen above the barrier within the next few hours. At the time of writing, the LTC/USD pair is changing hands around…

Bitcoin is taking a breather after the recent rally while altcoins are attempting to play catch up. Several central banks have resorted to unprecedented monetary expansion and aggressive rate cuts to support their respective economies badgered by the coronavirus pandemic. Record liquidity has resulted in sharp rallies in the S&P 500, gold, and Bitcoin (BTC),…

If Bitcoin seeing a minor correction or consolidation in the next few days could benefit select altcoins. The supply and demand equation determines the price of an asset. In the past few months, the uptick in institutional demand for Bitcoin (BTC) has resulted in a strong bull run. This uptrend may continue until demand exceeds…