Will Litecoin Price Pass $3.00 on Coinbase Euphoria?
Both Bitcoin and Litecoin have cashed in on the euphoria incited by the launch of Coinbase new licensed Bitcoin exchange. It was indeed an opportunity for traders to pump the market based on optimistic fundamentals. While Bitcoin rose naturally, Litecoin remained to be its sidekick, tailing its trend. Here is a quick recap of Litecoin price movements in the last few days. The LTC/USD was trending sideways in a congestion pattern. There was absolutely nothing in terms of trading volume, only until Coinbase released some details about its upcoming Bitcoin exchange. It was Bitcoin traders....
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Today is the day everyone in crypto has been waiting for: popular Bitcoin exchange Coinbase has been publicly listed on the stock market for the first time ever. The entire industry is buzzing, still euphoric from the months of nothing but green candles. However, the euphoria could be blinding market participants to the fact that […]
Cryptocurrency exchange GDAX (Coinbase) has announced it is now supporting Litecoin (LTC) trading. Litecoin Added to GDAX Exchange. Everyone in the crypto-community knew it was coming when Litecoin creator Charlie Lee hinted about the LTC addition to GDAX yesterday by saying via Twitter that “tomorrow’s going to be a good day.” In fact, Lee, who now....
Bitcoin and Ethereum surged to hit simultaneous all-time highs early last week, tapping $65K and $2.5K respectively as Litecoin rose above $300 for the first time in three years. Yet the buying party came to an abrupt end when the highly-anticipated Coinbase listing failed to push prices even higher. Euphoria turned to fear as traders […]
Charles Lee, the founder of Litecoin, has left his job at Google after being signed full-time by Coinbase. He started this week. The California-based coder and MIT graduate decided to work for the digital wallet company after six years at Google, where he worked on projects including YouTube, ChromeOS, and Google Play Games. Coinbase isn't the first bitcoin company to employ someone from a cryptocurrency's core development team. BitPay hired Bitcoin core developerJeff Garzik in May. That hire, however, was designed to get the former Red Hat engineer working full-time on bitcoin, which had....
GDAX, the cryptocurrency exchange used by Coinbase, has added Litecoin for dollar trading, causing a surge in its price. The new integration means that customers will be able trade Litcoin, both for Bitcoin and directly for US dollars. GDAX announced the implementation in a blog post: “Litecoin trading is now available on GDAX. We’re excited to continue supporting more digital assets to meet the demands of our growing customer base. Charlie Lee, Director of Engineering at Coinbase, developed Litecoin in 2011. Since then, Litecoin has become one of the most widely traded digital assets and....