Litecoin (LTC) is getting more attention at the start of 2020, as the asset may be signaling either an altcoin rally or further Bitcoin (BTC) appreciation. The coin is gaining traction after vaulting the $50 level again.
Strong Holders Don’t Rush to Shed LTC
In addition to price action, there is a significant haul in LTC remaining locked for a year. The Litecoin network goes through a smaller number of transactions, but there are plenty of whales and “hodlers” awaiting better times.
Recent research revealed that out of a circulating supply of 63 million LTC, about 40 million have been dormant for over a year. Researchers have tracked some of the coins to exchanges, but others may belong to early adopters or new buyers which acquired the coins in the past few years.
“Even taking this into consideration, the main conclusion one may make from this data is that there are a significant number of coins now held by strong hands and long term bulls who have been accumulating and thusly removing potential downward pressure on the markets,” commented Franklyn Richards at Litecoin.com.
Litecoin Prepares for New Rally, May Spark BTC Run
LTC is now charting a new path, after a steep correction from above $140. The latest halving for LTC brought significant gains in the months leading to the event, but later, the price crashed.
The coin, however, is highly liquid, with more than $4.7 billion in volumes. This asset is present on most large-scale exchanges, with new futures market additions on OKEx. Litecoin is viewed as a reliable coin with the potential for significant appreciation during bull rallies.
But the latest hopes are that LTC may signal a new BTC rally, as the two assets have shown good proximity, with no enmity between the communities of supporters.
$LTC is going up and we all know who's next.
— Galaxy (@galaxyBTC) January 11, 2020
LTC traded at $50.45, up nearly 16% in the second week of January. Litecoin is also recovering in Satoshi terms, bouncing off lows at 0.005 BTC to above 0.006 BTC, with a view to regaining positions against the leading coin.
The most recent price moves show Litecoin may become even more active in the coming days and weeks.
#ltc 4 hour pic.twitter.com/UoLDol61ln
— crypto mehmet (@cryptomehmet_) January 11, 2020
LTC remains one of the assets receiving liquidity from the BTC markets, as well as having a large stablecoin-based spot market. The asset is popular with Asian traders and may promise a run after many months of relatively low activity.
What do you think about the price performance of Litecoin? Share your thoughts in the comments section below!
Images via Shutterstock, Twitter: @galaxyBTC, @cryptomehmet_ The post appeared first on Bitcoinist.com. origin »
Bitcoin [BTC] was priced at $7,684. 69, dropping by 2. 75% over 24 hours. According to CoinmarketCap, the king coin had a market cap of $136. 63 billion and had a market dominance of 55. 70%. Bitcoin had nosedived after its exponential rise took it to the $8,000 mark.
Litecoin [LTC], the Vegeta to Bitcoin’s Goku and the silver to Bitcoin’s gold, has been making headlines with news pertaining to its adoption, price, and upgrades. The fourth-largest cryptocurrency has been going north since the past two months, with the coin smashing some key resistances.
Making good on a promise it made back in March of this year, Coinbase has just added its first ERC-20 token. ZRX, the token of the 0x (pronounced “zero x”) protocol began trading on Coinbase Pro (formerly GDAX), the exchange’s professional trading platform, on October 11, 2018.
Криптовалютная биржа братьев-близнецов Тайлера и Кэмерона Уинклвосс (Tyler, Cameron Winklevoss) Gemini получила официальное разрешение Департамента финансовых услуг штата Нью-Йорк (NYSDFS) на торговлю и хранение Litecoin (LTC) – и с субботы, 13 октября, начнет принимать депозиты в этой криптовалюте.
CryptoNinjas
New York bitcoin and crypto exchange Gemini today confirmed support for Litecoin (LTC) trading and custody. Beginning Saturday, October 13th at 9:30 am EDT users will be able to deposit Litecoin into their Gemini account.
BTCUSD: После паники на азиатской сессии, когда крипторынок существенно просел в цене, цена на Bitcoin продолжила консолидироваться в районе $6200 до конца дня. Попытки пробиться ниже $6000 не возымели успех, в связи с чем курс Bitcoin незначительно возобновил коррекцию на сегодняшних торгах.
Is it Currently Worth to Mine Litecoin (LTC)? Cryptocurrency mining activities have been very profitable in different occasions. Users were able to earn extra income and at the same time make the network more secure.
Ethereum World News published a report in early August regarding Chris Franko (Expanse) who claimed that he was ordered to pay 400 Bitcoin – which is equal to around $2. 5 million – for a listing position on Binance.
Salt, a cryptocurrency-backed loan service, has announced plans to launch operations in seven new jurisdictions throughout the world, while offering its services in 15 more U. S. states. It will also include litecoin (LTC) among its offerings, while providing more competitive interest rates and removing loan caps.
The cryptocurrency of Litecoin (LTC) is one of those coins that has endless potential in terms of leading the charge in crypto adoption. LTC prides itself as being a faster more efficient version of Bitcoin.
Earlier last month, the leading men at Bitcoin Cash and Litecoin, (Roger Ver and Charlie Lee respectively) sat down to have a debate about some of the leading figureheads in the crypto space, Litecoin, Bitcoin Cash and of course Bitcoin.
Would you like to get the best unbiased reviews of the best sports books, poker rooms and casinos available? Bitcoin Gambling is a cryptocurrency gambling portal that has been offering unbiased reviews of the best sports books, poker rooms and casinos for the past couple of years.
Binance has announced a $2. 5 million investment in Australian travel startup TravelbyBit in a move to introduce a blockchain-based, point-of-sale (POS) payment system across major airports around the world.
За индексным инвестированием в крипту – будущее. Вместо того, чтобы вкладывать все сбережения в одну монету или самостоятельно формировать портфель достаточно купить индексный токен, средства распределятся среди 20 криптовалют автоматически, именно такой подход предлагает Blockchain Capital.
An October forecast provided by nine panelists from personal finance comparison site, finder. com, has revealed that the return of the bulls is no longer far away. In fact, the forecast expects top cryptocurrency Bitcoin to accumulate around 16% gains in October.
Крупный американский брокер TD Ameritrade Holding Corp инвестировал неназванную сумму в регулируемую биржу деривативов ErisX, что позволит последней запустить поставочные фьючерсы на биткоин, Bitcoin Cash, Ethereum и Litecoin.
This week cryptocurrency enthusiasts were pleased to hear that the infamous imageboard 4chan now accepts four different digital assets for its website pass. The $20 annual pass allows users to bypass captcha verifications when posting on 4chan and now users can purchase passes with BCH, BTC, ETH, and LTC.
Bitcoin and crypto exchange CEX. IO has announced that it plans to reintroduce Litecoin (LTC) support. Back in 2017, the company stopped supporting Litecoin while it prepared upgrades to their systems.
Comparison is very common in our day to day activities. We compare things to know which is better or would best suit us. There is a constant debate now and then especially about two different commodities that may seem similar to consumers.
The Lightning Network was created to be the answer to Bitcoin’s slow transaction time and high fees. Without this improvement in speed and efficiency, everyday spending is impractical. It doesn’t make sense to buy something for only a few dollars if the fees are double or even triple of the price of the item you […]
The post The Lightning Network and Litecoin (LTC) can Drive Everyday Crypto Payments and Spending appeared first on ZyCrypto.
Litecoin Founder Charlie Lee who happens to be one of the earliest enthusiasts in the cryptocurrency Sphere and whose faith has not been dwindled by the ups and downs has made some revelations about people’s FUD in the litecoin project he started in 2011.
This Tuesday, the popular cryptocurrency exchange, Coinbase, revealed a new policy for listing additional digital assets. Currently, the platform supports Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Ethereum Classic (ETC), and Litecoin (LTC).
In this overview, we explore Kraken and its journey from a Mt. Gox alternative to soften the blow of bitcoin’s dependence on just one exchange to becoming one of the most respected cryptocurrency exchanges in the world.
Hard forks litter cryptocurrency. Not all are destructive, but those that make the news are the community disagreements that create irrecoverable splits. Ethereum (ETH) and Ethereum Classic (ETC); Bitcoin (BTC) and Bitcoin Cash (BCH); Litecoin (LTC) and Litecoin Cash (which promptly failed): they may all have shared histories but for all intense and purposes they become […]
The post Chainmerger: Could BTC And BCH Ever Become One Again? appeared first on Crypto Briefing.
Французское подразделение международного чрезвычайного детского фонда ООН (UNICEF) объявило о начале приема пожертвований в девяти криптовалютах: биткоин, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Monero и Dash.
Chart for LTC/USD (1W)
Litecoin (LTC) has been the subject of heated debates in the crypto community regarding its value proposition. The number of people who used to believe in Litecoin (LTC)’s value as a project that contributes something of value to the crypto industry is on the decline.
Благотворительный фонд UNICEF France объявил о начале приема пожертвований в биткойнах и других криптовалютах. Согласно пресс-релизу французского отделения Международного чрезвычайного детского фонда ООН, UNICEF France теперь принимает пожертвования напрямую в следующих криптовалютах: биткойн (BTC), эфириум (ETH), лайткойн (LTC), ripple (XRP), bitcoin cash (BCH), EOS (EOS), monero (XMR), dash (DASH) и stellar (XLM).
It has been some time since one of Bitcoin’s most popular forks, Litecoin, made an impact in the world of blockchain and cryptocurrencies. In a quickly developing market, staying quiet for too long could mean extinction.
В официальном твиттер-аккаунте Bittrex говорится, что сегодня криптобиржа планирует добавить еще две криптовалюты в пару с долларом США. Теперь торговать на паре с USD можно с помощью TRON (TRX) и Litecoin (LTC).
Litecoin (LTC) has finally done it. The price has found a true bottom at the exact price of $50. This has been tested a number of times now according to the daily chart for LTC/USD above. Some might argue that finding a bottom is a process and not a price target.
Today, September 12, 2018, OKCoin announced that the company will be offering token-to-token only trading in twenty states across the U. S. This announcement of its expansion in U.
As an emerging cog in the global digital economy,
cloud mining offers a tool for enthusiasts to mine cryptocurrencies such as
bitcoin without having to acquire hardware or other oft-required elements.
2 дня назад, а именно 8 сентября, криптовалютная биржа C-CEX в своем официальном твиттер-аккаунте сообщила о том, что произошла хакерская атака в результате которой были похищены средства пользователей.
Litecoin (LTC) seems to have started a new trend against Bitcoin (BTC) as it has broken out of an important falling wedge against Bitcoin (BTC) on the LTC/BTC daily chart above. This falling wedge extends all the way to January this year when the correction began.
UK based crypto derivatives exchange, Crypto Facilities has today declared the launch of perpetual facilities for some six supported Cryptocurrencies through its twitter page. The 6 supported assets according to the release include, Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP) and Litecoin (LTC).
Leading cryptocurrency exchange Coinbase first announced in August that it would begin to offer British Pound (GBP) transaction support for UK customers. Yesterday, Coinbase revealed that its UK platform would feature Bitcoin plus 4 altcoins for GBP transactions.
Биржа Coinbase объявила о добавлении 7 сентября новых криптовалют для торговли в паре к британскому фунту (GBP) для трейдеров, проживающих в Великобритании. Дэвид Фармер, управляющий директор Coinbase Pro, что биржа предложит торговлю GBP в паре с эфириумом (ETH), Bitcoin Cash (BCH), эфириумом классик (ETC) и лайткойном (LTC), в дополнение к существующему варианту по торговле биткойном.
With public adoption on the rise, cryptocurrency trading is expanding across the globe. On Sept. 7, Coinbase Pro will launch cryptocurrency trading support for its U.K.-based customers. Crypto Trading Pairs for GBP Introduced Coinbase Pro will introduce Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC) and Bitcoin Cash (BCH) trading support using British pounds (GBP), according […]
The post Coinbase Pro Launches Crypto Trading Support Using British Pounds (GBP) appeared first on CryptoSlate.
Биткоин-биржа Coinbase Pro анонсировала добавление возможности торгов британским фунтом в парах с ETC, ETH и LTC. По словам управляющего директора биржи Дэвида Фармера, новые пары будут доступны уже в пятницу, 7 сентября.
Криптовалютная торговая платформа из Великобритании Crypto Facilities запустила торги бессрочными фьючерсными контрактами на криптовалюты bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) и Bitcoin Cash (BCH) в паре с американским долларом, а также XRP/BTC.
Британская платформа торговли цифровыми активами Crypto Facilities запустила бессрочные фьючерсные контракты в парах XBT/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD и XRP/XBT. We have just launched Perpetual Futures on XBT/USD.
The crypto verse is can be dramatic and depending on your preference, Litecoin and Bitcoin enjoy wide media coverage—and sometimes from research groups as Satis. They claim Litecoin gains shall average at $255 in the next decade and despite on-chain developments and adoption levels, LTC will never rise to $400.
As reported by Ethereum World News previously, Yahoo Finance, one of the world’s most popular finance-centric sites introduced support for a native crypto trading feature. On Wednesday, the website allowed its users to trade Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH) via Coinbase and Robinhood API integrations, without ever having to click off […]
The post Yahoo Finance Brings BTC, ETH, LTC Trading Support To Mobile Phones appeared first on Ethereum World News.
Bitcoin (BTC) At press time, bitcoin is trading for about $6,985. This is a significant rise from yesterday’s fall to $6,800, and bitcoin is once again expected to strike the $7,000 mark. The Satis Group – which advises businesses on initial coin offerings (ICOs) – just released a new report that suggests bitcoin could surge […]
Research firm Satis Group has released a new report claiming that Bitcoin (BTC) will hit $144,000 in ten years. Decade-Long Predictions The group’s evaluations are based on real-world data researched by Sherwin Dowlat and Michael Hodapp.
Key takeaways LTC is down 1. 7% in the last 24 hours and is trading above $93 per coin. The bearish performance comes amid weakening demand. LTC stays below $100 The cryptocurrency market has underperformed earlier this week, but the selling pressure has subsided in the past few hours.
Litecoin price jumped more than 10% to breach resistance at $130 The altcoin is trending among top gainers today as traders ride spot exchange-traded funds sentiment. If LTC goes parabolic amid ETF approval, analysts target gains to $400 and higher in coming months.
Litecoin price jumped more than 12% to break above $120. Gains came amid a broader crypto market bounce that also saw Bitcoin and Ethereum hit highs of $118,500 and $4,300. ETF speculation, treasury strategy bets and overall macroeconomic conditions suggests LTC price could see a new all-time high in this bullish cycle.
Litecoin’s latest bounce has the LTC price above $110. Analysts project an uptick to $140-$150 targets if momentum sustains. Litecoin’s performance aligns with major altcoins like Ethereum and Solana.
