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Litecoin / US Dollar

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Digital Currency

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.

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Litecoin (CRYPTO: LTC) experienced a significant drop of 10.9% to $97.91, largely due to a 3% decrease in Bitcoin's value. Bitcoin's market movements often influence the broader cryptocurrency market, including Litecoin, due to its dominant market position. Litecoin, often considered the 'silver' to Bitcoin's 'gold', sees its value proposition and investor demand decrease when Bitcoin's price falls.

Portfolio Pulse from Henry Khederian

April 01, 2024 | 6:01 pm

Cryptocurrency market sees a decline with Ethereum falling below $3,600 and KuCoin Token leading the losses among top cryptocurrencies. The global crypto market cap dropped to $2.65 trillion, a 0.9% decrease. Bitcoin slightly fell but remained above $70,000. Mantle emerged as the top gainer, while other notable movements included gains by Sui, Fetch.ai, SingularityNET, and Litecoin, and losses by Conflux, Kaspa, FLOKI, and Bittensor.

Portfolio Pulse from Avi Kapoor

March 27, 2024 | 1:39 pm

Litecoin (CRYPTO: LTC) has seen a 3.74% increase in its price over the last 24 hours, reaching $94.24. This is part of a positive trend over the past week, with a 9.0% gain from $81.2. Despite a 45.0% decrease in trading volume over the week, the circulating supply has slightly increased. Litecoin's market cap ranks it 24th at $6.95 billion.

Portfolio Pulse from Benzinga Insights

March 26, 2024 | 7:02 pm

Bitcoin Cash (BCH), Ethereum Classic (ETC), and Litecoin (LTC) are experiencing price increases alongside Bitcoin's rally, which has been influenced by the approval of spot bitcoin ETFs and recent dovish remarks by the Federal Reserve. Bitcoin's surge above $70,000, marked by an 'inverse head and shoulders' pattern, suggests a potential continuation of the rally towards $76,000.

Portfolio Pulse from Henry Khederian

March 25, 2024 | 6:39 pm

Cryptocurrency analyst DonAlt predicts a 554% rally for Dogecoin (DOGE), potentially reaching $1, based on its current support levels on the BTC chart. Another analyst, Ali Martinez, highlighted significant purchases by 'whales' over a 72-hour period. Coinbase plans to introduce futures trading for digital currencies including Dogecoin, Litecoin (LTC), and Bitcoin Cash (BCH), with contracts based on specified prices.

Portfolio Pulse from Mehab Qureshi

March 22, 2024 | 11:40 am

Litecoin (CRYPTO: LTC) has seen a price increase of 5.63% in the last 24 hours, reaching $86.13, despite a 10% decrease over the past week from $94.93. The coin's all-time high is $410.26. Trading volume fell by 2%, while circulating supply rose by 0.45% to 74.33 million, about 88.49% of its max supply. Litecoin's market cap ranks #22 at $6.37 billion.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 3:01 pm

Cryptocurrency analysts predict a price surge for Dogecoin (DOGE) following a period of consolidation. Bluntz Capital and Rekt Capital have both indicated positive trends based on price patterns against USD and BTC. Additionally, Coinbase Derivatives plans to include Dogecoin in its future trading offerings, alongside Litecoin (LTC) and Bitcoin Cash (BCH). Tesla CEO Elon Musk's support for DOGE also continues, with Dogecoin accepted for Tesla merchandise. DOGE has seen a 78% increase over the past month.

Portfolio Pulse from Mehab Qureshi

March 21, 2024 | 11:00 am

Coinbase is set to introduce futures trading for Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) starting April 1, 2024. The decision is influenced by Dogecoin's popularity and community support. Following the announcement, Dogecoin's price surged by 17%.

Portfolio Pulse from Mehab Qureshi

March 21, 2024 | 6:09 am

Coinbase Global is set to launch futures trading for Litecoin, Dogecoin, and Bitcoin Cash on April Fool's Day, following their filing with the Commodity Futures Trading Commission. This move, amidst market volatility and Coinbase's own technical issues, reflects growing interest in cryptocurrencies. Litecoin surged 6.78% to $86.03 upon the announcement. The decision raises regulatory questions regarding the classification of these Bitcoin offshoots as commodities futures versus securities futures.

Portfolio Pulse from Benzinga Neuro

March 21, 2024 | 4:18 am

Litecoin (LTC) is trading lower by 3.7% to $82.03, influenced by a pullback in Bitcoin after it hit a new all-time high. Bitcoin's performance often affects the broader cryptocurrency market, including Litecoin, as investors adjust their positions based on Bitcoin's movements.

Portfolio Pulse from Henry Khederian

March 18, 2024 | 4:30 pm

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