Litecoin

Price Analysis April 8: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Central banks around the world have pumped up their economies with huge stimulus measures. JPMorgan Chase’s chairman and CEO, Jamie Dimon, praised the United States for taking swift action to counter the current economic crisis. Despite the kind words, in a letter to JPMorgan shareholders, Dimon warned that the future “will include a bad recession combined with some kind of financial stress similar to the global financial crisis of 2008.”Ballet CEO and founder Bobby Lee expects Bitcoin to reach $10,000 by its block reward halving next month. Lee expects the

Dutch Brokerage Platform Launches Crypto Trading Across Europe

In response to the growing demand for cryptocurrency trading, Dutch retail brokerage platform BUX launched its commission-free cryptocurrency trading platform BUX Crypto.In a statement published April 8, the company announced that BUX Crypto is now available across 25 European countries.BUX stated that its new offering aims to bring new traders into cryptocurrency markets by simplifying the crypto trading process. BUX CEO and founder Nick Bortot said:“We see BUX Crypto as a natural extension of our current lineup, which is focused on offering products that make it simple and affordable for

Brave Tokens Available for Trading on Gemini Starting April 24

Brave, the open-source pay-to-surf browser, will soon have more options for trading its signature token.In April 6 blog post on the Gemini website, the platform announced they would soon support trading for Brave’s Basic Attention Token (BAT). Users will be able to deposit BAT into their Gemini accounts starting on April 24th at 9:30 AM EST, with trading to begin “soon thereafter”:“BAT is the sixth digital asset available for trading on the Gemini platform, joining bitcoin, ether, bitcoin cash, litecoin, and Zcash. We will be offering USD, BTC, and ETH

Price Analysis April 6: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

During a crisis, the first thing panic-stricken investors do is to sell almost every asset class they perceive is likely to go down. However, after the panic settles down, the bottom fishers step in and start buying the assets that show value. We have seen both of these phases play out for cryptocurrencies.The sharp selloff on March 12 was a good example of panic and the sharp correction was quickly followed by a phase of cherry-picking by long-term investors. Since bottoming out on March 13, most major cryptocurrencies have rebounded

Charities Are Turning to Bitcoin Amid the Global Fight Against Coronavirus

In the war against the novel coronavirus, cryptocurrencies are emerging as a much-needed tool for charity and fundraising projects. Already there are a number of large nonprofits accepting Bitcoin donations. Plus, some blockchain and crypto firms are contributing medical supplies to hospitals in an attempt to curb the virus, while others are setting up fundraisers and charities that are aimed at helping its victims.As a number of nonprofits continue to accept cryptocurrency donations, they are starting to realize that crypto transactions significantly reduce costs in terms of fees. Here are

Litecoin Price Prediction: LTC/USD Receives a Pat on the Back, Shoots by 5.52% Within 24 Hours

LTC Price Prediction – April 6Today, the Litecoin (LTC) gains 5.52% in the last 24 hours to touch $43.10.LTC/USD MarketKey Levels:Resistance levels: $50, $52, $54Support levels: $33, $31, $29LTCUSD – Daily ChartToday, after the coin tested $41 on the daily chart, LTC/USD underwent a much-needed break to the positive side. The coin posted gains of over 5.52% in the last 24 hours, with the coin trading above the 9-day and 21-day moving averages at a price of $42.61 at the time of writing while the signal line of RSI (14)

Litecoin Price Prediction: LTC/USD Facing the Ultimate Make or Break Test at $42

LTC Price Prediction – April 4LTC/USD is currently facing the ultimate breakout dilemma; would the breakout rally to $50 or a breakdown to $30?LTC/USD MarketKey Levels:Resistance levels: $50, $52, $54Support levels: $30, $28, $26LTCUSD – Daily ChartLTC/USD has mainly underperformed since recovery was staged from the lows posted a few weeks ago. While the price crash has been devastating for traders, the LTC/USD recovery has not occurred compared to other major cryptocurrencies in the market. On the other hand, Litecoin only succeeded in testing the resistance at $43 without much

Price Analysis April 3: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

On April 2 the U.S. Labor Department reported that the U.S. weekly jobless claims skyrocketed to 6.6 million. In the previous week, the claims stood at 3.3 million, meaning over the past two weeks the number of laid off American workers seeking unemployment benefits has reached 10 million. If the numbers continue to grow, the government and Federal Reserve is likely to announce another round of stimulus measures.All the money printing is likely to erode the value of the US dollar. In such a case, the investors will search for

Crypto Price Analysis: Bitcoin Cash (BCH), Bitcoin SV (BSV), Litecoin (LTC), Huobi Token (HT), Ethereum Classic (ETC)

While the general cryptocurrency market is recording profits over the last 24 hours, Bitcoin Cash (BCH), Bitcoin SV (BSV), Litecoin (LTC), Huobi Token (HT), Ethereum Classic (ETC), are in their bear markets.  The cryptocurrencies have reached the oversold regions of the market. Presently, the altcoins are in bullish momentum recovering from the previous losses. BCH/USD Major Trend: Bearish Bitcoin Cash (BCH) is in a bear market. The bulls have been making concerted efforts to come out of the downtrend. One of the attempts is the breaking of the resistance line