Industry Report: Is Litecoin Making a Comeback?
Cryptocurrency grows in Japan, and Litecoin is coming back with a vengeance. Want to catch up on the latest digital currency news? Have a gander at the stories below. ZAIF. Japanese cryptocurrency exchange Zaif is adding XEM currency to its platform. The company repeatedly appears in the headlines, and adding new digital currencies to its trading platform. XEM currently holds heavy power in Japan, which is often credited for stimulating primary interest in the coin and bringing its $100 million market cap to fruition. The New Economy Movement, which allegedly uses “blockchain technology to....
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The past few days have seen a massive altcoin price recover. The Darkcoin price and Litecoin price are leading the charge. The past several days have once again shown that cryptocurrency markets remain incredibly volatile. As David Parker reported, Bitcoin markets experienced flash crashes driving the Bitcoin price as low as $300 on one exchange. This volatility quickly extended to altcoin markets as well. Major players including Litecoin, Darkcoin, Peercoin, and Ripple all experienced massive blows to their unit prices and market caps. However, the past few days have brought a massive....
The Litecoin Association has released a roadmap for the future of the well-known cryptocurrency, introducing new software clients, protocol improvements, and the consolidation of the various communication and governance structures. The main points of the roadmap concern software for both consumers and miners, touching on a new membership drive for the Litecoin Association (LA), legal issues, and communication with the Litecoin community. Litecoin Is Back with a New Roadmap. The document may signal the beginning of a comeback for litecoin — even though it never really went away. LTC prices....
Litecoin has dropped 6.47 percent to trade at $2.733 as the underlying negativity comes to the fore. We discussed in the previous Litecoin price technical analysis The Pressure is Evident that there is a very low probability of the price trending higher and that bears may make an early comeback. This decline has also brought the price closer to its very important technical support of the 200-day simple moving average (SMA). The question that the trading community is now asking is: will this level cushion Litecoin once again? I continue to remain bearish on Bitcoin as well, which I believe....
BixBcoin is making its comeback in a big way using enticing new features on the blockchain. The peer-to-peer digital asset is built on its own blockchain and has been in operation for over a year. The project found success not too long after launching in March 2020, going on to hit multiple new all-time highs […]
Litecoin is currently trading at $2.922, up 1.78 percent as the cryptocurrency extends its short covering-fueled rally. However, I do not see Litecoin advancing significantly from here on and expect the bears to make a comeback very soon. What is aiding my bearishness is the lingering pessimism in Bitcoin, in addition to the technical considerations derived from the daily LTC-USD price chart. Many of the participants have repeatedly asked me why I did not factor in or mention the block reward halving in my earlier analyses. It is because I always believed that the market had priced in that....