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Bitstamp, one of the leading cryptocurrency exchanges, announced today that it will offer boosted annual percentage yields (APY) of up to 6% on a range of cryptocurrencies including Ethereum (ETH), XRP, Tether (USDT), Bitcoin Cash (BCH), and Litecoin (LTC).
In a trading environment where a bearish outlook has taken center stage, leading to heavy asset liquidation every hour, Litecoin (LTC) is capturing attention for all the right reasons. As traders prepare for another wave of selling pressure following tomorrow's highly awaited court approval that will enable FTX to offload its $3.
On Sept 11, Litecoin's (LTC) price dropped below $60 for the first time since the infamous FTX crash in November 2022. On-chain analysis examines if the growing optimism among LTC long-term investors could be enough to trigger a Litecoin price rebound.
Gold has been used as a form of currency since the dawn of civilization. Throughout human history, it has always been recognized as one of the most precious metals. Silver, another precious metal, has played similar roles.
Inflow of holders to the LTC blockchain skyrocketed over the last month. But other datasets suggested that LTC's price was reaching a market bottom.
On-chain data shows Litecoin has reached another milestone as the total number of HODLers on the network now exceeds five million. Litecoin Long-Term Holders Have Continued To Rise In Number Recently According to data from the market intelligence platform IntoTheBlock, LTC has seen its long-term holder count hit a new record this week.
As one of the earliest cryptocurrencies, Litecoin has always been a key player in the industry. This coin once again captured the spotlight this June. As it became one of the four cryptocurrencies supported by EDX Markets. This and the upcoming halving have helped Litecoin record exceptional performance in the first half of 2023.
The total number of Litecoin's long-term holders reached a milestone of 5 million, barely a month after its third halving.
The Litecoin (LTC) price has broken down from a long-term ascending support line and is at risk of breaking down from a horizontal support area.
The latest price analysis by Coinidol.com report, Litecoin (LTC) is trading in a horizontal trend above the $62 support level.
Five million addresses have held Litecoin for over 12 months.
Litecoin Price Prediction - LTC price has been in a downtrend since its halving in August. Bears may target $50 soon.
Sellers are keeping the pressure on, according to the CoinMarketCap ranking.
Amid declining miner reserves and bearish market sentiment, Litecoin's price faces a critical moment as it hovers below the $65 mark.
Litecoin is showing bearish signs and trading below $66 against the US Dollar. LTC price is now trading below $65 and the 55 simple moving average (4 hours).
In the world of cryptocurrency, Litecoin (LTC) has recently experienced a rollercoaster ride of volatility, leaving investors and analysts on edge. After a brief price surge to approximately $0.70, driven by a significant legal victory for Grayscale against the SEC, bears have once again taken charge.
Litecoin (LTC) has found itself in a tight consolidation phase, firmly locked within the $60 to $70 range since mid-August. Despite several attempts to break above the $70 resistance level, bulls seem to be running low on aggressiveness.
Litecoin (LTC) bears are back in control after Grayscale's landmark victory over the SEC last triggered a brief price rally toward $0.70. On-chain data examines if the bulls have enough in the tank to absorb the growing selling pressure.
Litecoin (CRYPTO: LTC) supporter Shan Belew has drawn attention to an event in the history of Dogecoin (CRYPTO: DOGE) that he says is often overlooked. What Happened; According to Belew, on September 11, 2014, Litecoin played a pivotal role in saving Dogecoin from potential collapse.
Litecoin (CRYPTO: LTC) supporter Shan Belew has drawn attention to an event in the history of Dogecoin (CRYPTO: DOGE) that he says is often overlooked. What Happened; According to Belew, on September 11, 2014, Litecoin played a pivotal role in saving Dogecoin from potential collapse.
Litecoin's short-term range consolidation could extend amidst increasing selling and buying interest levels at $66 and $60 respectively.
The crypto markets have approached a standstill position as most tokens have inculcated a sideways trend. The altcoins are constantly failing to secure levels above their respective resistance levels, which is preventing the bulls from gaining momentum.
In the dynamic world of cryptocurrencies, Litecoin has taken center stage today with its price standing at $64.17. This surge in Litecoin's value is being driven by a robust 24-hour trading volume of $954.35 million, reflecting strong investor interest.
Litecoin (LTC) price has stagnated within the $65 – $68 territory after failing to break above $70 during the mild price bounce earlier this week. With whale investors now closing their positions, on-chain analysis explores LTC price prospects for the coming weeks.
