Litecoin (LTC) is Yet to Take a Trading Direction; Trades at $41


Litecoin, at the time of writing this analysis, was trading above $40 at $41 with a fine uptrend and retaining support from a 200-day daily moving average LTC/USD fails to retain support from 50-day daily Moving Average The 20-day Bollinger Bands laid do not project about any unprecedented...

Bitcoin ‘Stuck in the System’ Until Merchant Adoption Grows


Although holders of both bitcoin (BTC) and gold are often motivated by an idea of investing in assets that are outside of the financial system, it might not be the case, according to a popular macro strategist who believes that that the next world reserve currency will be “a crypto.” Speaking with...

Stablecoins Challenge Ethereum's Claim To Become Money


Though Etherem (ETH) has a "credible claim as money" within the Cryptosphere, stablecoins rise as its challengers, according to crypto market analysis firm Coin Metrics. That said, the growth of stablecoin is a good thing for Ethereum, at least for now. As reported, the stablecoin market...

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