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Litecoin Gemini listing nothing short than gold for LTC, here's why - Global Coin Report
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Litecoin Gemini listing nothing short than gold for LTC, here’s why

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Litecoin has been around the news lately, and this is due to the latest announcement of it being listed on Gemini, a New York-based startup headed by the Winklevoss twins.

The Exchange made this major announcement through a tweet that it will be listing Litecoin (LTC) on its platform in a months’ time. It’s worth noting that the decision was made during the recent Litecoin Summit held in San Francisco, from Gemini Trust Twitter account.

Litecoin’s listing on Gemini Exchange is a great news as the digital asset itself has been subject to criticisms. Its founder, Charlie Lee, recently has addressed the distorted information of FUD (Fear, Uncertainty, and Doubt) surrounding Litecoin.

The Influence of Litecoin Getting listed on Gemini Exchange

Litecoin has been in a dwindling position, and it is striving hard to get a good place in the crypto market which has lots of cryptocurrencies with great utilities. However, Litecoin’s listing on Gemini is a considerable feat for the coin.

Gemini Exchange is one of the best crypto-exchanges in the cryptocurrency market today. The exchange itself has the backing of SEC, and it’s a favorite among crypto enthusiasts.

More importantly, other cryptocurrencies that are already on the platform have boosted the trust of their users or investors in a well-known manner. As a result of that, Litecoin (LTC) investors will also get a boost on faith despite the digital asset still struggles to go beyond the $60 price mark.

Cryptocurrencies such as Bitcoin, Ethereum and ZCash, have been featured by Gemini before Litecoin. With this, Litecoin will join Gemini’s marketplace to boost its stance in the crypto market. Also, this listing will increase Litecoin’s liquidity for its users.

Litecoin’s listing on Gemini Exchange will boom its position, but there is a possibility that it may not move its price to its all-time highs. Last week, Litecoin managed to break above the last major down-trendline, which is a very good sign for LTC but it is heading into the consolidation box.

On the four-hour chart, the consolidation box upper line is also supported with different EMA’s which all starts to work at the support levels. It is necessary to know that at the wake of the Gemini’s announcement of listing LTC, the price of LTC started going well, thus, finding support around $58.5.

More Than 9 Payment Processors Now Support LTC

Charlie Lee has announced that more than nine payment processors now support Litecoin. Some of them are Aliant Payment, BTCPay, Coinbase, CoinGate, CoinPayments, Globee, GoCoin LTCPay, and TravelbyBit. And now, the crypto securing a place on a well-known exchange like Gemini at the time when it’s caught in a lot of FUD might help ease things around it.

The Litecoin CEO have further replied to the FUD surrounding Litecoin that the number of daily transactions has increased. Charlie said in a Tweet:

Litecoin processes $200MM worth of transactions each day. And the network has worked flawlessly for seven years! Litecoin works today as a global decentralized sound money that can’t be censored can’t be reversed or taken away, can’t be counterfeited, and can’t be devalued.”

At the press time, LTC is priced at $55.39 with a market capitalization of $3,237,304,950 after losing its value by 4.35% in the last 24 hours.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. The author is long Bitcoin. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Photo by Guillaume de Germain on Unsplash

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Top 4 Cryptocurrencies to Bet on in 2019

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The crypto winter ended and Bitcoin is breaking through the $5000 resistance barrier and leading a general charge in bullishness among cryptocurrencies has seen more positivity in the market than ever before. However, before any talk of a crypto spring should start, we need to look at what happened during the winter.

Many different platforms were either fully released or improved upon significantly. There has been a surge of innovation and the crystallization of ideas. The market isn’t just about crypto trading or bitcoin trading; it has become more about what businesses will leverage blockchain in the best way. Investors need to look at what a coin offers beyond just being a cryptocurrency. What partners does it have, what is the long term plan and is it liquid enough?

Investing in altcoins has never been a better option than right now. The volatility index shows that the market is growing without having to rely on Bitcoin. While Bitcoin still determines and up or down trend, the altcoins do not follow this trend exactly. More and more tokens and coins are surviving and thriving on their own merits rather than riding in Bitcoin’s wake.

The four coins to follow are our pick for the top 4 cryptocurrencies most likely to give you substantial returns by the end of 2019.

Stellar Lumens (XLM): Cheap coin, and massive market to grow

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2019 Will Be a Big Year for Luxcore

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With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Can XRP Break Out of the Falling Wedge?

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XRP is the third largest cryptocurrency by market cap, which currently sits at around $13.5 billion. The coin also has a price of $0.325316 at the time of writing, after seeing a significant price correction of 4% in the last 24 hours.

Just like many other cryptocurrencies, XRP has seen massive losses during the 2018 bear market. However, this falling wedge seems to have seen a real breakout in 2019, as the crypto winter started to let go, and a lot of coins saw significant price recoveries.

XRP’s falling wedge was much more difficult to stop, which can be seen on its long-term chart. But, the recent bull runs allowed numerous cryptocurrencies to finally see growth, and XRP is definitely one of them. The charts also show that the coin’s falling wedge has seen a breakout, which is an excellent thing for the future of XRP’s price.

However, for the coin’s price to truly turn and stay bullish, XRP needs to see larger volumes. The experts believe that this is the key for a new rally, one which would allow XRP to reach true recovery.

XRP price performance and predictions

As mentioned, XRP had struggled to start growing even when most other cryptocurrencies were drawn in a number of bull runs. While the coin has been acting the same as others until mid-February, it is clear that the…

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