Search results for litecoin

  • Cryptocurrency Litecoin Down More Than 3% Within 24 hours

    Over the past 24 hours, Litecoin's (CRYPTO: LTC) price has fallen 3.27% to $52.5. This is opposite to its positive trend over the past week where it has experienced a 1.0% gain, moving from $51.9 to its current price. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility. The trading volume for the coin has fallen 1.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 0.23%. This brings the circulating supply to 70.61 million, which makes up an estimated 84.06% of its max supply of 84.00 million. According to our data, the current market cap ranking for LTC is #20 at $3.71 billion. Powered by CoinGecko API This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Cryptocurrency Litecoin Falls More Than 3% In 24 hours

    Over the past 24 hours, Litecoin's (CRYPTO: LTC) price has fallen 3.93% to $55.95. This is opposite to its positive trend over the past week where it has experienced a 10.0% gain, moving from $51.94 to its current price. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility. The trading volume for the coin has fallen 65.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has decreased 0.61%. This brings the circulating supply to 70.60 million, which makes up an estimated 84.04% of its max supply of 84.00 million. According to our data, the current market cap ranking for LTC is #20 at $3.95 billion. Powered by CoinGecko API This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Why Bitcoin-, Ethereum- And Litecoin-Related Stock BIT Mining Is Down Over 40% Today

    BIT Mining Ltd - ADR (NYSE: BTCM) shares are trading lower by 41.18% to $0.70 after the company announced a $16 million registered direct offering. BIT Mining says the company intends to use the net proceeds of the registered direct offering to invest in mining machines, build new data centers, expand infrastructure and improve working capital position. BIT Mining says the offering is expected to close on or about June 27, 2022, subject to satisfaction of customary closing conditions. See Also: So Does Tesla Or Lucid Make The Cooler-Looking Electric Vehicle? Over 60% Say... BIT Mining is a cryptocurrency mining company, with a long-term strategy to encompass the whole cryptocurrency value chain. According to data from Benzinga Pro, BIT Mining has a 52-week high of $14.65 and a 52-week low of $0.62. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • If You Invested $1,000 In Litecoin At Its COVID-19 Pandemic Low, Here's How Much You'd Have Now

    Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the last two years. But there is no question some investments performed better than others since the pandemic bottom. Litecoin's Big Run: As strong as the stock market has been since it bottomed on March 23, 2020, Litecoin (CRYPTO: LTC) has been much stronger. Related Link: If You Invested $1,000 In Solana At Its COVID-19 Pandemic Low, Here's How Much You'd Have Now Litecoin prices started heading in the right direction in 2020 thanks to massive government stimulus spending to support the economy during the COVID-19 pandemic. Since the pandemic began, the government has spent more than $6 trillion, and investors concerned about the potential for hyperinflation have poured into cryptocurrencies as potential hedges. In addition, cryptocurrency investing became extremely trendy in 2021, and Litecoin was one of the most popular cryptos in the market. At the beginning of 2020, Litecoin was trading at just $41.33. When March kicked off, the cryptocurrency had risen to $58.53 as news of the virus spreading in China prompted concerns about a U.S. pandemic. On March 13, 2020, Litecoin plummeted to its pandemic low of $25.57 as global stock markets tanked. The good news for Litecoin investors: the crypto bounced off that level as the stock market began to stabilize shortly thereafter and the government started printing money. By Nov. 1, 2020, Litecoin was back up to $55.59. Litecoin In 2022, Beyond: On Jan. 19, 2021, influential Tesla Inc (NASDAQ: TSLA) CEO Elon Musk added #Bitcoin to his Twitter bio and tweeted “In retrospect, it was inevitable.” Musk’s tweet sent the entire cryptocurrency market soaring, including Litecoin. Litecoin ultimately hit a new all-time high of $413.63 in May 2021, but has since pulled back significantly. Today, Litecoin is trading back down at $52.04. Still, investors who bought Litecoin on the day it hit its pandemic low and held on have generated a nice return on their investment. In fact, $1,000 in Litecoin purchased on March 13, 2020 would be worth about $1,551 today. Given the rise in Litecoin prices in the past two years coupled with the loss of stimulus payment support in 2022, some investors are understandably concerned about just how much further Litecoin prices could fall. Litecoin and other cryptos are prone to boom-to-bust drawdowns, and Litecoin prices are already down 65% in the last six months. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Cryptocurrency Litecoin Down More Than 3% Within 24 hours

    Litecoin's (CRYPTO: LTC) price has decreased 3.75% over the past 24 hours to $51.9. This is contrary to the coins performance over the past week where it has experienced an up-trend of 14.0%, moving from $45.29 to its current price. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility. The trading volume for the coin has tumbled 39.0% over the past week while the circulating supply of the coin has risen 1.6%. This brings the circulating supply to 70.56 million, which makes up an estimated 84.0% of its max supply of 84.00 million. According to our data, the current market cap ranking for LTC is #19 at $3.66 billion. Powered by CoinGecko API This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Litecoin (LTC) Price Prediction 2022 – Will LTC Hit $150 Soon?

    Bullish LTC price prediction is $12.02 to $27.99. The LTC price will also reach $150 soon. LTC bearish market price

  • Rare Finds: Bear Market Income from Gnox (GNOX), Litecoin (LTC) And Binance Coin (BNB)

    Earning income in the bear market can be difficult, but it isn't impossible. And it's important to note that passive gains from long-term holds are actually the most viable option right now, especially when short-term prices are highly volatile. Continue reading Rare Finds: Bear Market Income from Gnox (GNOX), Litecoin (LTC) And Binance Coin (BNB) at DailyCoin.com.

  • So What's Up With Bitcoin Spinoff Litecoin Nosediving Today?

    Shares of several popular altcoins, including Litecoin (CRYPTO: LTC), are trading lower again Saturday afternoon in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto Ethereum (CRYPTO: ETH).  Crypto has traded lower this week in tandem with major U.S. indices, which are also experiencing marked weakness after the Federal Reserve Wednesday afternoon raised its target fed funds rate by 75 basis points to a new range of between 1.5% and 1.75%, its largest interest rate hike in 28 years. Fed Chair Jerome Powell Wednesday said another 0.75% rate hike is on the table for the next Fed meeting in July... Read More Cryptocurrencies have been seen by some investors as a speculative hedge against inflation and the Fed's plans to curb inflation could weigh on the broader cryptocurrency sector. According to data from Benzinga Pro, Litecoin is trading lower by 10.03% to $42.78 Saturday afternoon. Litecoin is also lower by 35.21% over the trailing month amid ongoing weakness in the broader cryptocurrency market. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Cryptocurrency Litecoin's Price Increased More Than 3% Within 24 hours

    Litecoin's (CRYPTO: LTC) price has increased 3.32% over the past 24 hours to $46.72, which is in the opposite direction of its trend over the past week, where it has experienced a 20.0% loss, moving from $57.38 to its current price. As it stands right now, the coin's all-time high is $410.26. The chart below compares the price movement and volatility for Litecoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility. Litecoin's trading volume has climbed 14.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 0.26%. This brings the circulating supply to 70.52 million, which makes up an estimated 83.96% of its max supply of 84.00 million. According to our data, the current market cap ranking for LTC is #20 at $3.29 billion. Powered by CoinGecko API This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Why Bitcoin-, Ethereum- And Litecoin-Related Stocks Are Nosediving Today

    Shares of crypto-related stocks, including Coinbase Global Inc (NASDAQ: COIN) and Riot Blockchain Inc (NASDAQ: RIOT), are trading lower Thursday afternoon amid ongoing weakness in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). Bitcoin is trading 4.35% lower Thursday afternoon at around $21,200. Ethereum is trading 7.10% lower Thursday afternoon at around $1,120. Companies in the broader Bitcoin mining and financial services sector are also experiencing marked weakness after the Federal Reserve Wednesday afternoon raised its target fed funds rate by 75 basis points to a new range of between 1.5% and 1.75%, its largest interest rate hike in 28 years. Cryptocurrencies have been seen by some investors as a speculative hedge against inflation and the Fed's plans to curb inflation could weigh on the broader cryptocurrency sector. See Also: Federal Reserve Raises Interest Rates by 0.75%, Hikes Inflation Estimates Coinbase is the leading cryptocurrency exchange platform in the United States. Coinbase is trading lower by 5.68% at $51.88 per share. Riot Blockchain is focused on building, supporting and operating blockchain technologies. Riot Blockchain is trading lower by 6.89% at $4.52 per share. © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Litecoin (LTC) Transactions Are No Longer Supported by Binance

    Litecoin (LTC) transactions in which the sender’s address and transaction information cannot be confirmed just lost the support from Binance. Financial loss is at risk, they warned. A recent announcement from Binance states that Litecoin (LTC) transactions made through MimbeWimble Extension Blocks feature will no longer be supported. Conducting confidential Litecoin (LTC) transactions without disclosing […] The post Litecoin (LTC) Transactions Are No Longer Supported by Binance appeared first on Crypto Academy.