Hot Topics

Advertisement

Litecoin (LTC) Chart Best Explains Both Bullish And Bearish Scenarios For Cryptocurrencies

Litecoin (LTC) is trading in a triangle with a high likelihood of breaking out in the days ahead. The price is currently at a point where it has almost equal space to move up or down in response to the overall market trend. If the bullish scenario prevails, Litecoin (LTC) will start reaching towards the top of this channel and probably escape it after some resistance to mark a new high. On the other hand, if a bearish scenario prevails, Litecoin (LTC) will fall below the triangle to settle at the bottom of this channel. That would mean reaching a...

Read More
snapex banner

Robinhood Expand Portfolio With Bitcoin Cash & Litecoin Listing, XRP Could Be Next

Investment management and cryptocurrency/stock trading app Robinhood have announced that they will be listing both Bitcoin Cash and Litecoin in order to expand their ever growing cryptocurrency portfolio. Robinhood works by purchasing cryptocurrency from exchanges and then selling it on to their own customers. This in turn makes the purchase cheaper for the customer but still allows Robinhood to profit from the exchange, though the level of that profit is obviously dependant on the current market trends. This is why it is important that Robinhood begins to list cryptocurrencies like Bitcoin Cash and Litecoin as, ultimately, they are only improving...

Read More

$1.5 Billion Of BTC, ETH And LTC Has Been Illegally Gambled During The World Cup

Police in Guangdong, a city in China have allegedly arrested hundreds of individuals for their involvement in an illegal gambling ring that has seen the gambling of $1.5 Billion in cryptocurrencies over the world cup period. This stems from an investigation across 21 security firms within Guangdong that in total has seen arrests of 540 people, all of whom have had involvement in the organization of illegal gambling rings. According to CCN: “In an announcement, the Guangdong Provincial Public Security Department narrowed down on a specific unnamed online gambling platform that facilitated over RMB 10 billion ($1.5 billion) in cryptocurrency...

Read More
snapex banner

Market Update - XRP, BCH, EOS And LTC Continue To Fall

It’s hardly breaking news that the markets are down, again, is it? As the bears continue to squeeze the life out of the markets, we are seeing value pour out of cryptocurrencies at a shocking rate. We might even see some new 2-3 month lows over the coming days should this trend continue and indeed, we do expect that this might be the case. Of course, don’t let this bring you down. Whilst your portfolio might be looking a bit light, hold on for now because eventually the markets will regain some value. We don’t know when, but we know...

Read More

Litecoin Price Up With News Of New Acquisition

Breaking news from the Litecoin Foundation has seen Litecoin take a new direction. At the time of writing, Litecoin is up 0.87% and is only expected to rise through the day. Of course, this rise is only very minor, but given the current state of the markets, it is encouraging Litecoin to really stand out. At the time of writing, Litecoin’s neighbours EOS and Stellar are down 7.78% and 5.25% respectively. What’s happened that is taking Litecoin up? According to Coindesk, the Litecoin Foundation have acquired 9.9% of German Bank, WEG Bank AG, after taking the share from TokenPay. TokenPay...

Read More