Litecoin Whales' Buying Spree: Will It Impact LTC's Future?
Litecoin whales have amassed $230 million worth of LTC in a buying frenzy, signaling confidence and potentially a bullish trend for the cryptocurrency.
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Litecoin whales have amassed $230 million worth of LTC in a buying frenzy, signaling confidence and potentially a bullish trend for the cryptocurrency.
Litecoin (LTC) whales accumulate 2,751,633 LTC in 30 days, peaking on May 10 with over 900,000 LTC. This suggests strategic positioning and growing confidence in LTC's future. Implications include a potential bullish trend and market influence.
Litecoin (LTC) reaches 5 million long-term holders, signifying widespread adoption. Recent growth, profitability insights, and origins highlight its appeal. Despite challenges, LTC's milestone underscores enduring community acceptance.
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LTC faces bearish signals with declining active addresses and transactions, possibly leading to price adjustments. Death cross signals potential corrections, with support at $83 and further downside towards $72. However, if LTC reverses the trend, it could aim for $95 resistance.
LTC climbs to $96.44, up 21% in a week. Potential correction signals, but $1.8B volume indicates sustained interest. LTC aims for $150. SMOG, with 100,000 holders, surges 13,000% since Feb. Investors consider LTC stability vs. SMOG's high-growth potential.
Litecoin emerges as top performer in cryptocurrency payments, surpassing Bitcoin, Ethereum, and Dogecoin according to Bitpay. With 41.76% transaction count dominance, Litecoin sees ATH. This milestone could reignite interest and boost its growth despite modest price gains.
Ahead of Bitcoin's upcoming halving, Litecoin's trading volume decreases, raising concerns among investors about its future performance amidst uncertainties. Meanwhile, KangaMoon disrupts the meme coin space with its innovative play-to-earn model, bridging gaming and social-fi elements, presenting a lucrative investment opportunity with its Stage 1 presale price and promising growth potential upon exchange listing in Q2 2024.
This confirmation came after reports emerged on November 1st that BCH had disappeared from the trading support list on the EDXM website.
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Elon Musk accused Senator Elizabeth Warren of backing SBF’s parents, while Warren criticised his D.O.G.E involvement, citing conflicts of interest. Musk defended D.O.G.E, arguing it could curb inflation by cutting government waste. Is this political clash necessary, or just another distraction in crypto debates?
The U.S. Treasury sanctioned two Chinese individuals and a UAE-based company for laundering cryptocurrency to fund North Korea’s weapons programmes. The crackdown aims to disrupt Pyongyang’s use of cybercrime and illicit financial networks to support its nuclear ambitions.