| Litecoin (LTC) |  | Litecoin is slowly bootstrapping on the Lightning Network and has recently passed 100 active nodes. According to 1ML.com, which measures the network's growth, there are now 104 nodes on the Lightning network, a six percent increase over the past month. It has a market cap of over $2.27 billion, a circulating supply of over 59.9 million and has traded over $672 million in the last 24 hours according to CoinMarketCap.com.
LTC/USD broke out of an inverted head and shoulders price pattern over the weekend as it closed above the neckline at $36.850. The potential target, based on the formation, is the range from the first high to the lowest low at the head then added to the neckline. In this case the target is $48.000. A potential stop could be placed below $36.000.
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| | News To Know | | Ledger Unveils Bluetooth-Enabled Hardware Wallet
Hardware wallet manufacturer Ledger has unveiled its newest cryptocurrency wallet. The Ledger Nano X is Bluetooth-enabled and can hold up to 100 different cryptocurrencies at a time. A mobile app is also being launched for both iOS and Android to pair the device to smartphones.
DX.Exchange Launches Trading Platform, Aims for US in 2019
DX.Exchange, the NASDAQ powered crypto exchange, has finally launched its platform today (Monday). The Estonian-based centralized exchange was announced in May of last year exclusively by Finance Magnates. We visited the firm's main offices in Ramat Gan, Israel, to get see the launch in real time.
Nine Experts on CNBC Provide Their Outlook for Cryptocurrencies in 2019
Predictions from market experts are an interesting occurrence; it seems that most are wrong (especially in 2018,) but these are quickly ignored and replaced with a fresh new set of predictions, often by the same experts that predicted wrong previously. So, as we begin 2019, thus arises the perfect opportunity for a fresh new round of cryptocurrency predictions. The latest batch comes from CNBC who recently compiled the opinions of nine 'experts' who have made predictions on what's going to happen to crypto this year.
Coinbase De-Platforms Gab While Square Allows Bitcoin Withdrawals
Gab, an anti-censorship social media platform, has reportedly been de-platformed by Coinbase, one of the world's largest Bitcoin wallets and exchanges. On January 5, the Gab team said the accounts of both Gab and Andrew Torba, the CEO of Gab, were closed by Coinbase.
ConsenSys Partners with AMD and Halo Holdings to Scale the Emerging Blockchain Ecosystem
Halo Holdings and AMD have become the newest partners of ConsenSys, as first made public by Joseph Lubin in his latest tweet. The three will work to develop optimized data center solutions by creating the W3BCLOUD for emerging blockchain workloads.
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| | | Source: Coinmarketcap.com | | | |
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