Get the latest information on Litecoin developments with news from CCN Markets.
By CCN Markets: Litecoin’s recent halving was unfortunately met by intense selling against Bitcoin. The downward pressure was so intense that the crypto token plunged to a fresh 2019 low of 700,100 satoshis (~$72) on August 17th. Recent price action suggests that there’s nothing bullish about the chart of the fifth-largest cryptocurrency. However, that's precisely why one contrarian crypto trader...
The Litecoin halving is just a few days away. Even with this bullish catalyst on the horizon, the No. 4 cryptocurrency appears to be struggling against bitcoin. Litecoin (LTC/BTC) has posted four consecutive red candles on the monthly chart against bitcoin. The slump saw the coin’s value drop from the 2019 high of 1,893,900 satoshis in April down to lows of 797,600 satoshis this month. That’s...
Even a tweet of a Litecoin-hating influencer could not stop it from registering its most profitable day in three weeks. The world's fourth-largest largest cryptocurrency established an intraday top of $95 after ballooning by more than 23 percent in the previous 24 hours. The surge appeared after American football team Miami Dolphins made Litecoin (Ticker: LTC) its official cryptocurrency. The...
Litecoin (LTC) has gained more than 14 percent in 24 hours, surging from a low of $77.60 on Tuesday to a high of $93.05, before dropping slightly to $90.09 where it is currently trading. A Wild Week for the Litecoin Price The move saw the litecoin price outpace its peers as the crypto market struggled to recover from a punishing correction. LTC sunk as low as $76.70 during the sell-off. It is...
Just as the Litecoin halving is less than a month away, the number four cryptocurrency is starting to show signs of weakness. After posting a 2019 high of $146 on June 22nd, Litecoin has plunged to a low of $84.88 on July 15th. That’s a drop of over 41 percent in less than a month. If you think the worst is over, think again. A popular Elliottician on Twitter named Benjamin Blunts shared his...
Litecoin could help boost cryptocurrency to an even broader audience. On Friday, the foundation behind the world's fourth-largest cryptocurrency announced a partnership with the Miami Dolphins. The deal makes Litecoin the official cryptocurrency of the American football team and enables cryptocurrency payments for select products. We are excited to announce Litecoin as the Official Cryptocurrency...
Litecoin price(LTC) was trading at $134.47 by 09:30 UTC on Sunday, up 13.03 percent on a 24-hour adjusted timeframe. The move uphill pushed Litecoin's market capitalization to approx $8.18 billion, or 2.36 percent of the net cryptocurrency market valuation. At its top, Litecoin's market worth was $19.9 billion. Litecoin is trading in a range defined by $146 and $110 on Coinbase exchange in the...
The global cryptocurrency market lost $58 billion in a flash crash on Thursday morning as bitcoin makes a retreat. The combined value of the world’s cryptocurrencies dropped from $386 billion to $328 billion - a 14.9% loss overall. Just hours previously Bitcoin had been flirting with the $14,000 mark; now, BTC is struggling to keep a foothold on $11,500. Worst affected was the altcoin market...