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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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The article discusses the significant increase in the value of Dogecoin (DOGE) since Elon Musk first tweeted about the cryptocurrency on April 2, 2019. It highlights the impact of Musk's tweets on Dogecoin's price and mentions his acquisition of Twitter in 2022, which is seen as positive for Dogecoin. The article provides hypothetical returns on $100 investments made at the time of Musk's tweets, with a 3,199.4% return from the 2019 tweet and a 2,630.2% return from the 2020 tweet. It also notes Dogecoin's all-time high in May 2021.

Portfolio Pulse from Chris Katje

November 17, 2023 | 11:15 pm

Litecoin (CRYPTO: LTC) has seen a 6.3% increase in price over the last 24 hours, reaching $73.53, despite a 2.0% decline over the past week. The coin's all-time high is $410.26. Trading volume has risen by 23.0%, and the circulating supply has slightly decreased. Litecoin's market cap ranks it 17th at $5.42 billion.

Portfolio Pulse from Benzinga Insights

November 15, 2023 | 7:00 pm

Litecoin's (CRYPTO: LTC) price has decreased by 3.65% over the past 24 hours to $71.21, contrary to its performance over the past week where it saw an up-trend of 3.0%. Litecoin's trading volume has increased by 33.0% over the past week, and the circulating supply of the coin has increased by 0.08% to 73.86 million, which is 87.92% of its max supply of 84.00 million. The current market cap ranking for LTC is #17 at $5.27 billion.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 7:00 pm

Meme coins Shiba Inu (CRYPTO: SHIB) and Dogecoin (CRYPTO: DOGE) are experiencing a surge in futures trading activity, driven by the recent increase in Bitcoin’s (CRYPTO: BTC) value. SHIB’s open interest rose by 23% to $61.74 million, while DOGE’s open interest increased by 14.6% to $328 million. This rise in open interest suggests new capital entering the market, with a clear preference for meme coin derivatives. Despite XRP’s price soaring by 18.6%, its open interest only saw a marginal increase of 0.76%, suggesting that its gains were predominantly driven by spot market transactions.

Portfolio Pulse from Mehab Qureshi

November 08, 2023 | 5:50 am

Litecoin's (CRYPTO: LTC) price has fallen 4.44% to $66.56 in the past 24 hours, continuing its negative trend over the past week with a 3.0% loss. The trading volume for the coin has fallen 16.0% over the past week, while the overall circulating supply of the coin has increased 1.4% to 73.83 million, making up an estimated 87.89% of its max supply of 84.00 million. The current market cap ranking for LTC is #17 at $4.99 billion.

Portfolio Pulse from Benzinga Insights

November 01, 2023 | 3:00 pm

Jim Cramer, a television host known for his controversial takes on the stock market, had warned against investing in cryptocurrencies in December 2022. However, those who ignored his advice and invested in Bitcoin, Ethereum, Solana, Litecoin, and Coinbase Global would have seen significant returns over the last 10 months. An ETF that tracks Cramer's recommendations inversely, the Inverse Cramer Tracker ETF, was also launched earlier this year.

Portfolio Pulse from Chris Katje

October 27, 2023 | 4:55 pm

Crypto analyst Tone Vays has warned traders to be cautious despite Bitcoin's recent 10% increase in value, expressing doubts about its potential to sustain this momentum and hit the $32,000 mark. He also predicted a potential fall for Bitcoin to around $28,000. Vays also pointed out a potential double-bottom pattern forming against Bitcoin for Ethereum, predicting challenges ahead for the cryptocurrency. He also anticipated a continued decline in Litecoin's value relative to Bitcoin.

Portfolio Pulse from Bibhu Pattnaik

October 22, 2023 | 3:21 pm

Litecoin's (CRYPTO: LTC) price rose 3.51% to $63.39 over the past 24 hours, continuing its positive trend over the past week with a 3.0% gain. The coin's trading volume has climbed 25.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.14%. The current market cap ranking for LTC is #17 at $4.67 billion.

Portfolio Pulse from Benzinga Insights

October 20, 2023 | 7:00 pm

Litecoin's (CRYPTO: LTC) price has increased by 3.76% over the past 24 hours to $64.24, and by over 2.0% over the past week. The trading volume for the coin has increased by 107.0% over the past week, while the overall circulating supply has decreased by 0.33%. The current market cap ranking for LTC is #15 at $4.71 billion.

Portfolio Pulse from Benzinga Insights

October 16, 2023 | 7:00 pm

Litecoin (LTC) experienced volatility, trading higher by as much as 6% to $65.51 during Monday's session, amid false rumors of the iShares Bitcoin Spot ETF receiving approval. BlackRock denied the false information, stating that their Bitcoin ETF application is still under review. The false rumors can lead to increased trading activity and investment in Litecoin due to its perceived connection with Bitcoin.

Portfolio Pulse from Henry Khederian

October 16, 2023 | 5:22 pm

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