The digital asset market has collectively recovered over the past 72 hours. Bitcoin displayed strong signs of recovery and altcoins were doing their part as well. While Ethereum is widely regarded as a major force behind any alt-rally, the inclusion of Litecoin in that same bracket may sound strange. However, there are key signs thatContinue reading “Important takeaways about Ethereum and Litecoin’s odd pairing”
By Biraaj TTag Archives: Litecoin
As Bitcoin traded below the $38,000 mark, it saw a small price hike of 2.5% in the last 24 hours. The crypto market cap was up by almost 15% in the last three days paving way for the slow recovery of altcoins like MATIC, Bitcoin Cash, and Litecoin. These alts saw a restricted price movementContinue reading “Litecoin, Bitcoin Cash and MATIC Price Analysis: 2 June”
By Varuni TrivediCrypto-market corrections can be nasty and Ethereum suffered one of its worst drawdowns over the past couple of weeks. While the market decline was collective, the sentiment noted by Bitcoin and Ethereum was poles apart. The community’s beloved Bitcoin was identified as an opportunity, while ETH’s social sentiment touched a new low. According to Santiment,Continue reading “Investing in Ethereum should be correlated with positions in BNB, LINK, LTC; Why?”
By Biraaj TWhen the altcoin bloodbath went down over the weekend, following Bitcoin’s plunge, Binance Coin, Litecoin and Bitcoin Cash ended up being the most affected altcoins in the top 20. The prices of these 3 altcoins have plunged by double digits. However, this means that these altcoins have consolidated and are in the buy zone. What’sContinue reading “Binance Coin, Litecoin and Bitcoin Cash: These alts are ideal for this move by traders”
By Ekta MouryaBitcoin is no longer considered Internet money. With massive institutional influx over the past few months, its valuation has taken the next step forward, breaching above key price levels in 2021. Significant interest from these institutions has brought about validation, and its impact has been clear from a larger financial standpoint. At press time, MicrostrategyContinue reading “Will Litecoin, Chainlink, Bitcoin Cash match Bitcoin & Ethereum’s institutional interest?”
By Biraaj TLitecoin’s price rally started on April 14, and it has continued since then and its price is up 30% since April 13. The increasing trade volume signals that the price rally may be an extended one. With the steadily increasing trade volume, Litecoin’s price is only 13% away from the ATH. Among top altcoins, LitecoinContinue reading “Should traders invest in Litecoin in the current market?”
By Ekta MouryaMarking the start of the alt season, altcoins in the top 25 on CoinMarketCap are rallying. At the time of writing, 23 out of 25 altcoins have positive weekly returns. Of these, Litecoin, ranking ninth in terms of market capitalization has posted a daily gain of over 4% and the price remains 42% away fromContinue reading “Traders holding Litecoin in portfolios can look forward to this”
By Ekta MouryaOne of the major headlines circulating over the past couple of weeks was related to Bitcoin’s negative premium on Grayscale. At press time, the premium per market share is still at -3.06% which is why it is even more surprising that Litecoin is currently trading at a massive premium on the platform. Presently, Litecoin holdingsContinue reading “Litecoin’s high Grayscale premium and what it means for the price”
By Biraaj TCalifornia-based credit network Trustline plans to release a new stablecoin that will be deployed on the Flare Network and issued on the XRP Ledger. The new crypto-stablecoin called Aurei will be pegged to the U.S Dollar, according to a proposal shared by Trusline. According to the said proposal, Aurei will be minted through a smartContinue reading “XRP, LTC, DOGE holders might soon be able to create ‘stable tokens’ on Flare”
By Samyuktha SriramAlongside other altcoins, Litecoin is currently relishing a significant bull run in the charts. The asset recently breached above the $200 mark and it is up by 78% in the month of February. At press time, Litecoin had a market cap of $15 billion with a 24-hour trading volume of $16 billion. Litecoin 1-hour chartContinue reading “Litecoin Price Analysis: 14 February”
By Biraaj TLitecoin was quite bullish on the charts. The $190 region offered some resistance, but longer-term momentum is on the side of the bulls and demand is likely to drive the prices higher. Litecoin 12-hour chart Litecoin swept past the range highs but faced some selling pressure in the $192 region. Undeterred, LTC bulls made anContinue reading “Litecoin Price Analysis: 12 February”
By Yash RajanOver the past decade, many organizations have attached themselves to the functionality and value of Bitcoin, but perhaps none can eclipse the presence and impact of Grayscale investments. While Grayscale went on a Bitcoin accumulation spree towards the 2nd half of 2020, its involvement in the development of other crypto-financial products went slightly under theContinue reading “Bitcoin: Did Grayscale fall for the bull trap?”
By Biraaj T