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Weekly Roundup: $15k BTC? Libra Officially Announced & LTC To Release Debit Card

It’s been very exciting past few days in the crypto world this week. The highlight was, of course, Facebook’s official announcement on its stablecoin coming next year which we will go into detail later on. In addition to Facebook’s announcement was Tyler Winklevoss claiming Bitcoin could reach $15k and Litecoin who are launching their own debit card. $15k BTC The Winklevoss twins are well-known throughout the crypto space for putting their Facebook lawsuit pay-out into Bitcoin. They are two of the original Bitcoin billionaires and with the price continuously rising over the last weeks, Tyler Winklevoss has spoken his mind...

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LTC & XRP: Could Litecoin Flip XRP Before It Halves?

One of the top cryptocurrencies in the world is Litecoin, which has been a top ten cryptocurrency for as long as I can remember. The digital asset has been making gains amongst the upcoming block rewards. The market cap for Litecoin has surged by more than $2 billion which has seen the back of Bitcoin Cash but as this bullish trend continues, there’s one thing that we are wondering which is; what happens if Litecoin flips XRP? Split in Half In forty-five days, from the time of writing, Litecoin will go through an experience which will half it. This fixed...

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New Debit Card Launching From Litecoin

Recently, it was announced that the Litecoin foundation will release its own debit card. The upcoming card will give users the chance to spend their cryptocurrency either online or in physical store locations, anywhere across the globe where major credit cards are accepted. The special edition Litecoin BlockCard is a collaborative effort developed by three crypto firms including Litecoin, Ternio and Bibiox Exchange. The main audience of the card is for shoppers and spenders who wish to use crypto as if it were cash. The United States user-base will be the first customers with Bibox Exchange acting as a custodian...

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Sally Ho's Technical Analysis 15 June 2019

Litecoin Litecoin (LTC/USD) recently traded at its strongest level since May 2018, printing as high as the 144.34 area this past week before yielding some recent gains. An extremely important level is the 137.04 area, representing the 50% retracement of the move from 251.90 to 22.17. Stops were elected above this area during the week and the pair derived some short-term constructive demand before marching lower. The 137.04 area quickly became technical Resistance during the move lower, an indication of its significance. Another key area that was tested this week was the 121.16 area, representing the 61.8% retracement of the...

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How Low Could Litecoin (LTC) Fall After The Upcoming Halvening?

Litecoin (LTC) continues to rally hard and is now close to testing the 38.2% fib retracement level from its all-time high. This might very well be the end of the rally as LTC/USD has a history of topping out before halvening. During the previous Litecoin (LTC) halvening, the price topped out 35 days before the halvening. It continued to decline before, during and after the halvening which speaks volumes about the immediate effect of halvening on the price of an asset. The price then entered a consolidation phase more than a year before it eventually began a new bullish cycle....

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