Litecoin Price Rises 4% as Litecoin Foundation Announced Physical Debit Card

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Litecoin Price Rises 4% as Litecoin Foundation Announced Physical Debit Card
The Litecoin Foundation has teamed up with Bibox Exchange and Ternio to bring customers a special edition Litecoin BlockCard, which will allow customers to purchase goods and services with crypto. LTC price adds 4% amid the news.
Litecoin Price Rises 4% as Litecoin Foundation Announced Physical Debit Card

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Source: CoinSpeaker

Litecoin Still Strong as Foundation Launches LTC Debit Card

All attention has been focused squarely on Libra this week as Facebook enters the crypto arena with its centralized offering. This new digital token is nothing like crypto as we know it and one of the year’s top performers by a mile, Litecoin, is still going strong.
Over the past 24 hours LTC has regained its Monday losses and topped out at an intraday high of just north of $135 a few hours ago. It has held on to these gains during Asian trading this morning as daily volume has increased to $3.7 billion.
LTC price 24 hours – coinmarketcap.com
Litecoin market cap is currently $8.37 billion, double what it was at the end of April. LTC has fallen slightly on the week, cooling off from its 2019 high of $142 on June 12th. Over the past 30 days, however, Litecoin has made a whopping 50 percent gain.
Where Next For Litecoin?
Analysts and traders are looking at the charts for the next move as LTC appears to be starting to consolidate. Trader ‘CryptoFibonacci’, who offers daily analysis on the top cryptos, has identified key areas of support should a pullback occur.
“Just sort of consolidating here. 10 ema has held. 125-126 is some key support. If that is broken, it would bring the 115 area into play and possibly 107. Almost looks like a bull pennant on this one too.”

$LTC Daily Chart.
Just sort of consolidating here. 10 ema has held. 125-126 is some key support. If that is broken, it would bring the 115 area into play and possibly 107. Almost looks like a bull pennant on this one too.#LTC #Litecoin pic.twitter.com/ASbKQRCfRg
— CryptoFibonacci (@CryptoFib) June 19, 2019

The Fibonacci levels have come into play previously and the mid $120s zone would be one for further accumulation leading up to the halving.
With just 47 days to go, there is likely to be a run up to $150 for LTC in the next few weeks. Fellow trader and investor ‘Crypto Rand’ has targeted $160.

I can't stop myself from adding more $LTC
My target still: $160 pic.twitter.com/kT3AwVtw84
— Crypto Rand (@crypto_rand) June 18, 2019

Litecoin Foundation Launches Crypto Debit Card
According to a recent announcement the Litecoin Foundation has teamed up with Bibox Exchange and Ternio to release a special edition Litecoin debit card. The BlockCard will enable users to spend crypto online or in physical stores anywhere that major credit cards are accepted.
Ternio’s BlockCard platform will be used to power the plastic which will hold three cryptocurrencies, LTC, Bibox Token (BIX) and Ternio (TERN). Litecoin godfather Charlie Lee stated;
“This is an exciting partnership for us as it furthers the Litecoin Foundation’s mission to create more use cases for spending Litecoin in everyday life. Leveraging Ternio’s BlockCard platform with Bibox’s exchange engine gives Litecoin holders unparalleled access to use their LTC at merchants around the world.”
The announcement added that Bibox will act as the custodian of funds leveraging its $200+ million worth of crypto trading volume to help route the deposits and spending for users. The debit card will be released in the US first before it is made available to other markets.
There are big things ahead for Litecoin and the halving is only half of it.
Image from Shutterstock
The post Litecoin Still Strong as Foundation Launches LTC Debit Card appeared first on NewsBTC.
Source: New feedNewsBTC.com

Initial Exchange Offerings: The Benefits and Limitations

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Initial Exchange Offerings: The Benefits and Limitations
In this article, we want to in-depth explain the benefits of IEO for your business and its limitation. Nonetheless, to give ultimate tips on how to run a profitable IEO project.
Initial Exchange Offerings: The Benefits and Limitations

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Source: CoinSpeaker

Binance Effect: Cosmos (ATOM) Entering Top 15 Cryptos After Listing

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Binance Effect: Cosmos (ATOM) Entering Top 15 Cryptos After Listing
After its listing on Binance, the Cosmos (ATOM) crypto token got a huge boost and massive liquidity propelling the digital currency to new highs.
Binance Effect: Cosmos (ATOM) Entering Top 15 Cryptos After Listing

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Source: CoinSpeaker

Upcoming Ethereum Constantinople Hard Fork Already Backed by 19 Exchanges Worldwide

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Upcoming Ethereum Constantinople Hard Fork Already Backed by 19 Exchanges Worldwide

Ethereum is preparing for its next milestone – Constantinople hard fork. The launch is planned in four stages: Frontier (beta stage to develop and test dapps), Homestead (to stabilize the platform), Metropolis (ongoing) and Serenity (upcoming).

Upcoming Ethereum Constantinople Hard Fork Already Backed by 19 Exchanges Worldwide

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Source: CoinSpeaker