Litecoin

Litecoin price is up over 10% and trading above $105 against the US Dollar. LTC could continue to rise toward the $120 resistance zone in the near term. Litecoin is showing positive signs from the $95 support zone against the US Dollar. The price is now trading above $105 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $101.50 on the 4-hour chart of the LTC/USD pair (data feed from…

Kelexo (KLXO) has entered the cryptocurrency investing industry with the goal of reinventing traditional crypto lending. There has been exponential growth in decentralized finance (DeFi), which has driven a desire among scores of investors to examine Kelexo (KLXO) crypto lending platform, believing it has the potential to establish a trend in the next big thing when it comes to the redefinition of borrowing and lending procedures.   Hence, here we will get into the dynamics of the Kelexo (KLXO) platform while…

Litecoin (LTC), the “silver” to Bitcoin’s “gold,” has surged in recent weeks, buoyed by a combination of technical factors, strong investor interest, and strategic accumulation by miners. The LTC price jumped 12% in the past 24 hours, reaching $106.40. This uptick follows a 40% year-to-date gain, with most of the growth concentrated in the last week. Daily trading volume has also skyrocketed by 175%, indicating a significant influx of investors into the Litecoin market. Will April Be A Good Month…

Cardano’s recent GitHub activity reflects a strong commitment to development, positioning the cryptocurrency for future growth despite current price fluctuations. Historical data shows Cardano’s consistent positive performance trend in April, with double-digit gains common. In March 2024, Cardano showcased significant development activity, surpassing giants like Bitcoin (BTC) and Ethereum (ETH). Despite the ongoing enhancements, the price of Cardano (ADA) has hovered below $1 since April 2022, settling currently between the $0.60-$0.64 range. Despite a recent dip from $0.79 to $0.64,…

The post Litecoin Barges Through $100 Ahead of Quarterly Close: Has the Race to $200 Just Began? appeared first on Coinpedia Fintech News The bulls have become pretty strong as the crypto markets are heading towards the monthly close. Besides, the Bitcoin price is trading in and out of $70,000, due to which altcoins like Litecoin have generated some room to thrive. LTC prices have been trading within a very narrow range for quite a while and current monthly action…

Litecoin (LTC), the silver to Bitcoin’s gold, has enjoyed a recent price surge, leaving investors cautiously optimistic about its future trajectory. Over the past week, LTC has seen a 13% increase, with its value hovering nearly $96 at the time of writing. This bullish run has been accompanied by technical indicators suggesting a potential continuation of the uptrend, but some analysts warn of lurking risks. Potential Litecoin Price Bump In The Offing One key driver of optimism is the apparent…

The Commodity Futures Trading Commission (CFTC) classifies Ethereum (ETH) and Litecoin (LTC) as commodities in the KuCoin case. This classification comes amidst legal challenges for KuCoin, with implications for the broader digital asset market. Following the reported by CNF, Litecoin (LTC) has experienced incredible network activities and technological developments in 2023. In a landmark development for the digital currency world, the Commodity Futures Trading Commission (CFTC) has classified Ethereum (ETH) and Litecoin (LTC) as commodities. This pivotal decision, emerging amid…

Rumors regarding a potential spot Litecoin (LTC) Exchange-Traded Fund (ETF) have sparked a significant price surge, with the digital asset gaining 10% amid speculation of institutional interest. Fox Business journalist Eleanor Terrett, through a post on X (formerly Twitter), unveiled insights suggesting growing institutional intrigue towards a Litecoin ETF. Terrett shared, “SCOOP: Hearing rumblings on the institutional level about possible interest in a Litecoin ETF. The logic is that because of LTC functional similarities to BTC, the SEC may be…

Litecoin faces a significant obstacle at the $90 mark, where it has encountered resistance despite the growing number of users. This growth of 90,000 LTC holder wallets in March alone suggests a burgeoning user base and signals fresh capital entering the ecosystem. The Litecoin (LTC) price has been seeing some strong uptick in recent times with 12% gains over the last week. However, LTC is currently facing a major hurdle at $90, from where it has reversed its trajectory. But…