Category Archives: LTC

Top10 Cryptocurrency Market Data -10Dec2019

Bitcoin (BTC) is at $7350, trying to stabilize above $6500 for the next upmove attempt to $10,000 level in Q1, 2020.

The volumes against most cryptocurrencies look unreal. Unless trading robots are trading between themselves in the crypto exchanges, the above ratios of Market cap to 24H volume is not possible. Bitcoin alone looks stable and real in the market data.

Tether’s numbers need to be analyzed separately.

 

Litecoin Hastens Mainstream Adoption, Inks Deal with Blockchain Startup Travala

With the exception of bitcoin, Litecoin is arguably doing more than any other coin for mainstream adoption. Most recently, Litecoin Creator Charlie Lee has inked a partnership with Travala.com, a blockchain-based hotel booking platform. Even though Travala.com is another blockchain company, it’s a play on the travel industry and represents a use case that can serve as a model for future deals. While Expedia has shied away from accepting bitcoin, it could change its tune if Travala.com’s Litecoin payments take off. Continue reading Litecoin Hastens Mainstream Adoption, Inks Deal with Blockchain Startup Travala

Charlie Lee: ‘I Thought Litecoin Was Going to Hit $1,000’

Charlie Lee can’t seem to shake his reputation for offloading his Litecoin holdings near the peak. The Litecoin creator was
featured in a podcast with Morgan Creek Digital Partner Anthony Pompliano where he fielded some tough questions both about
his LTC portfolio and the state of the crypto industry. Something that you might not know is when Charlie decided to sell his
Litecoins when the cryptocurrency was trading at approximately $300 he expected the price to go much higher. He said on the
podcast: Continue reading Charlie Lee: ‘I Thought Litecoin Was Going to Hit $1,000’

Sally Ho’s Technical Analysis 13 April 2019

Bitcoin (BTC/USD) continued to struggle with the 50-bar MA (4-hourly) during the past 24 hours and was generally thwarted around the 5105 – 5100 area, barely eclipsing the indicator to briefly trade as high as the 5118.56 area. Traders were probing technical Resistance up to 5125.85 during the move higher, representing the 38.2% retracement of the 5488.00 – 4901.99 range. On the downside, the pair bounced higher from the 5002.39 area during yesterday’s session, right around the 23.6% retracement of the 5345.00 – 4778.00 range. Continue reading Sally Ho’s Technical Analysis 13 April 2019