Tag Archives: LiteCoin

Crypto Market Sentiment Ends Its Winning Streak; Bitcoin Back to Neutral

Crypto Market Sentiment Ends Its Winning Streak; Bitcoin Back to Neutral

The market sentiment cut its string of gradual, week-per-week growth. After four weeks of minor upward movements, and last week’s break into the 5-6 score level with a sentscore of 5.27, this Monday the combined moving average 7-day market sentiment measure, sentscore, for the top 10 coins dropped slightly to 5.2/10, as measured by crypto market sentiment […]

Options Market Signals Doubt Bitcoin Price Will Rise After Halving

Options Market Signals Doubt Bitcoin Price Will Rise After Halving

While some expect bitcoin’s (BTC) upcoming reward halving to light a fire under the cryptocurrency, the options market seems worried about the event turning out to be a wet blanket. The biggest cryptocurrency by market value is set to undergo its third mining reward halving next month. The code, aimed at controlling inflation, would reduce the amount […]

Bitcoin Price Sheds $500 Over Day, Drops Below $8,000

Bitcoin Price Sheds $500 Over Day, Drops Below $8,000

Bitcoin bears continue to be firmly in control as the first cryptocurrency’s price tumbled below $8,000 per coin for the second time this week. Beginning at 15:50 UTC, the Bitcoin Price Index capitulated at $8,095, shedding near $200 within a few minutes. Support at $7,900 lasted about one-half-hour before another downward price action sent the BPI around […]

EOS, Etheruem, and Litecoin Lead Massive Bitcoin Dump

EOS, Etheruem, and Litecoin Lead Massive Bitcoin Dump

Yesterday’s crypto market carnage saw over $20 billion in USD value wiped out from the total crypto market capitalization. The dump affected nearly all crypto assets, including Ethereum, EOS, and Litecoin – even Bitcoin, which has maintained support despite altcoins collapsing around it. But new data shows that it may have been altcoins collapsing that dragged down Bitcoin. A side-by-side comparison […]

WHAT’S BEHIND RECENT GAINS FOR BITCOIN, ETHEREUM, RIPPLE’S XRP AND LITECOIN?

WHAT’S BEHIND RECENT GAINS FOR BITCOIN, ETHEREUM, RIPPLE’S XRP AND LITECOIN?

The year 2019 has been slow for most digital currencies. At the beginning of the year, Bitcoin, Ethereum, Litecoin and Ripple (XRP) maintained the same low price points as the end of the previous year. This was largely owing to a long-running market correction following the post-2017 crypto boom. However, things seemed to pick up in the past few […]

Litecoin Price Hits 11-Month High Above $100

Litecoin Price Hits 11-Month High Above $100

The price of litecoin (LTC) was quoted in three digits across cryptocurrency exchanges earlier today. The fifth largest cryptocurrency by market capitalization jumped to $107.71 at 02:00 UTC, the highest level since June 12, 2018, according to CoinDesk’s Litecoin Price Index. The bullish move has stalled in the last few hours, though, with the price currently […]

Bitcoin Bull Tom Lee: Alt-Season May Be Underway, Crypto Assets To See Strong Rally

Bitcoin Bull Tom Lee: Alt-Season May Be Underway, Crypto Assets To See Strong Rally

Historical Precursor To Altseason Is Showing Its Face Fundstrat’s prominent head of research, Tom Lee, recently took to Twitter to remark that one of the “pre-conditions” for historical altcoin rallies is coming to life in the current cycle. This precursor, for those unaware, is a drop in the correlation between the crypto asset class at […]