Following a mild correction which began yesterday, crypto markets have today tipped into deeper red.
Litecoin News
Litecoin (LTC) is a cryptocurrency and an open-source project released in 2017, inspired by and very close technically to Bitcoin. The key idea of the project was to make a faster and cheaper to use alternative to Bitcoin
Although there are some similarities between BTC and LTC, you can’t define Litecoin without pointing out some key differences, such as instant and near-zero cost transactions, increased speed of adding a new block into the Blockchain (2.5 minutes against 10 in the Bitcoin network) and a scrypt usage in its Proof-of-Work process to make it easier for regular PC users to mine new blocks against ASIC miners. It is also one of the first cryptocurrencies that adopted SegWit.
Litecoin is hugely popular to this day, ranked sixth place on CoinMarketCap with a more than eight billion dollars market cap.
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Watch out for the dip as it might offer a good opportunity to buy.
- Price Analysis
Investors are returning to cryptocurrencies following the recent rally that briefly took bitcoin above $8,000.
- Price Analysis
Profit booking can be seen across the board today, as markets correct following the recent rally.
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After a week of deep green and bullish price performance, crypto markets today are seeing a major correction.
- Price Analysis
Major coins are rallying as the crypto space welcomes a series of positive developments.
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by Thomas Simms
Speculation has been growing since eBay took out ads at the Consensus blockchain and crypto conference in New York City.
- Price Analysis
A series of positive developments in the crypto space are driving prices upward.
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by Helen Partz
Börse Stuttgart, Europe’s tenth-largest exchange, announced trading of XRP and litecoin-based exchange-traded notes.
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Most of the top 20 cryptocurrencies are reporting major gains on the day, as bitcoin breaks over the $6,900 mark.
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Bitcoin’s price gain has been the main attraction of the past week.
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Bitcoin has been crossing overhead resistances with ease recently.
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Bitcoin has broken above the $6,000 mark for the first time in almost six months, showing marked resilience.
- Price Analysis
Despite the recent hack and theft of 7,000 bitcoins from crypto exchange Binance, the coin is making decent gains on the day.
- Price Analysis
When the price stops moving up even with bullish news, it is time for consolidation or a minor correction.
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