Litecoin Price Analysis: LTC/USD Bulls Enjoy Big Jump But Stubborn Resistance Capping Potential

Litecoin sees a relief rally on Friday, but is still stuck within stubborn range-block. LTC/USD price action has formed a bearish flag pattern structure, subject to a potential break lower. The Litecoin price on Saturday was seen holding decent gains of over 5%, as life is kicked back into the bulls. The LTC/USD pair has…

Trade Recommendation: HyperCash

HyperCash (HC/BTC) is giving us bullish price action. It dropped to as low as 0.0001714 on December 8, 2018. At that point, the market was in danger of breaching support of 0.000175. Bulls struggled for a few days to keep the market above the support. Fortunately on December 11, market participants finally felt that a…

Wyoming Introduces a Bill Aiming to Define Virtual Currencies as Money

A bill meant to clarify the classification of digital assets has been introduced in Wyoming. A bill meant to clarify the classification of cryptocurrencies has been introduced in the U.S. state of Wyoming Jan. 18, according to the official state legislature website.The bill places crypto assets into three categories: digital consumer assets, digital securities and…

Cumulative Volume on Huobi Derivative Market Exceeds $20 Billion

Huobi has announced that its cryptocurrency derivative platform, Huobi DM, has surpassed $20 billion in cumulative trading volume. The announcement comes just one month after the platform exited beta mode. Also Read: Eastern European P2P Markets See Strongest BTC Volume in Over 12 Months  Huobi DM Cumulative Trade Volume Doubles in 2 Weeks Huobi Derivative Market…

The Daily: Sapphire Develops GPU for Grin, TSMC Sees Drop in Mining Revenue

In The Daily this Saturday, Sapphire has designed a new graphics card suitable for mining the recently launched Mimblewimble cryptocurrency Grin. In other news related to the minting of digital coins, Taiwan Semiconductor Manufacturing Company has reported a significant decrease in its revenues from the mining segment, and some Ethereum miners have switched to Constantinople…

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