• About
  • FAQ
  • Landing Page
  • Buy JNews
Newsletter
Crypto News
Advertisement
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Crypto News
No Result
View All Result

I Don’t See LTC Having Properties to Accelerate Adoption – Novogratz

by
January 3, 2021
in Uncategorized
0
I Don’t See LTC Having Properties to Accelerate Adoption – Novogratz
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

I Don't See LTC Having Properties to Accelerate Adoption - Novogratz 4

Summary:

Related articles

Crypto Fear/Greed Index Drops Below 80, the First Time Since Nov. 2020

Crypto Fear/Greed Index Drops Below 80, the First Time Since Nov. 2020

January 17, 2021
Ethereum (ETH) Stored On Crypto Exchanges Drops to 22% of Total Supply

Ethereum (ETH) Stored On Crypto Exchanges Drops to 22% of Total Supply

January 17, 2021
  • Mike Novogratz does ‘not see Litecoin having any properties that will accelerate adoption’
  • He recommends longing Bitcoin, Ethereum and some ‘cool DeFi projects’
  • His comments were in reference to a tweet that projected Litecoin thriving with XRP and privacy coins out of the picture
  • Litecoin has since broken the $150 price ceiling and could attempt $200 in the weeks to follow

In a recent Twitter commentary, the CEO of Galaxy Digital, Mike Novogratz, commented that he does ‘not see Litecoin having any properties that will accelerate adoption’. Mr. Novogratz made the comments in response to another tweet that forecasted that Litecoin would thrive due to the delisting of privacy coins and XRP losing value due to the SEC lawsuit against Ripple.

Long Bitcoin, Ethereum and Cool DeFi Projects

Mr. Novogratz went on to recommend longing Bitcoin (BTC), Ethereum (ETH) and some ‘cool DeFi projects’. His exact comments were as follows with a screenshot of the Twitter conversation also highlighted below.

Challenge. I don’t see $LTC as having any properties that will accelerate adoption. I’d rather spend time on Defi projects. Long $BTC. Long $ETH. And long some cool Defi projects.

I Don't See LTC Having Properties to Accelerate Adoption - Novogratz 3

Litecoin Breaks the $150 Price Ceiling, Could Keep Rising

Litecoin was trading at approximately $125 when Mr. Novogratz tweeted about LTC possibly lacking the properties to accelerate adoption. Litecoin has since broken the $150 price ceiling and is currently trading at $152. This is an impressive 21.5% increment in less than 24 hours and is in sync with Bitcoin’s journey above $34k.

With this push, Litecoin is retesting levels last seen in June 2019. The current $145 – $150 price zone is a crucial resistance area for LTC. If Litecoin is successful in turning this area into support, it could begin what might be a journey towards its all-time high of $375 set in December of 2017.

However, such a journey to its all-time high value might not be a smooth ride as Litecoin has to first overcome the next big hurdle in the form of the $200 resistance level. Furthermore, the following short term resistances lie on its path moving forward.

  • $164
  • $177
  • $182
  • $194
Share76Tweet47

Related Posts

Crypto Fear/Greed Index Drops Below 80, the First Time Since Nov. 2020

Crypto Fear/Greed Index Drops Below 80, the First Time Since Nov. 2020

by
January 17, 2021
0

Quick take: The Crypto Fear and Greed index has dropped below 80 for the first time since November 5th, 2020...

Ethereum (ETH) Stored On Crypto Exchanges Drops to 22% of Total Supply

Ethereum (ETH) Stored On Crypto Exchanges Drops to 22% of Total Supply

by
January 17, 2021
0

Quick take: The amount of Ethereum stored on crypto exchanges has dropped to 22% of the total supply Ethereum in...

Goldman Sachs Looking To Launch Crypto Custody Option

by
January 17, 2021
0

The cryptocurrency space has been touted as having the capacity to completely revolutionize the finance industry as we know it....

Another DeFi Rally Is Looming – Why?

Another DeFi Rally Is Looming – Why?

by
January 17, 2021
0

The DeFi craze of 2020 may be stretching out to 2021. Recent analysis has highlighted several reasons why the DeFi...

India Seizes Bitcoins Worth $1.2 Million From Hacker of Government Website and Crypto Exchanges

India Seizes Bitcoins Worth $1.2 Million From Hacker of Government Website and Crypto Exchanges

by
January 17, 2021
0

Indian police have seized $1.2 million in bitcoin from a hacker who allegedly hacked a government website, online game portals,...

Load More
  • Trending
  • Comments
  • Latest
Privacy Coins Monero, Dash, and Zcash to be Delisted on Bittrex, Dash Unhappy with Decision

Privacy Coins Monero, Dash, and Zcash to be Delisted on Bittrex, Dash Unhappy with Decision

January 4, 2021
SushiSwap’s SUSHI Surges 20% Again After Ethereum Price Correction

SushiSwap’s SUSHI Surges 20% Again After Ethereum Price Correction

December 6, 2020

Services Could Help Investors Rate Crypto Currencies

December 6, 2020

3 Factors That Made Bitcoin Become so Valuable Last Year

December 6, 2020
Crypto Fear/Greed Index Drops Below 80, the First Time Since Nov. 2020

Crypto Fear/Greed Index Drops Below 80, the First Time Since Nov. 2020

0

China Is Reportedly Moving To Clamp Down On Bitcoin Miners

0

Inside the Chinese Bitcoin Mine That’s Grossing $1.5M a Month

0

All You Need to Know About This Whole SegWit vs. SegWit2x Thing

0
Crypto Fear/Greed Index Drops Below 80, the First Time Since Nov. 2020

Crypto Fear/Greed Index Drops Below 80, the First Time Since Nov. 2020

January 17, 2021
Ethereum (ETH) Stored On Crypto Exchanges Drops to 22% of Total Supply

Ethereum (ETH) Stored On Crypto Exchanges Drops to 22% of Total Supply

January 17, 2021

Goldman Sachs Looking To Launch Crypto Custody Option

January 17, 2021
Another DeFi Rally Is Looming – Why?

Another DeFi Rally Is Looming – Why?

January 17, 2021
Crypto News

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Check our landing page for details.

Categories tes

  • Abra
  • Altcoin News
  • altcoins
  • Altseason
  • Binance
  • Binance (BNB) News
  • Binance Coin (BNB)
  • Binance Smart Chain
  • bitcoin
  • Bitcoin
  • Bitcoin (BTC) Adoption
  • Bitcoin (BTC) General News
  • Bitcoin (BTC) News
  • Bitcoin (BTC) Predictions
  • Bitcoin Cash (BCH)
  • Bitcoin Cash (BCH) General News
  • Bitcoin dominance
  • bitcoin network
  • Bitcoin price
  • Bitstamp
  • Bittrex
  • Blockchain
  • Blockchain News
  • bloomberg
  • Brad Garlinghouse
  • Business
  • Cameron Winklevoss
  • ChainLink
  • ChainLink (LINK)
  • Chainlink (LINK) News
  • Chainlink Price Prediction
  • Changpeng Zhao
  • charlie lee
  • CME Group
  • coinbase
  • Coinmarketcap
  • cryptocurrency
  • Dash (DASH)
  • DeFi
  • DeFi Pulse
  • Electric Coin Company
  • ETH 2.0
  • ETH2.0
  • Ethereum
  • Ethereum (ETH)
  • Ethereum (ETH) News
  • Ethereum 2.0
  • Ethereum Classic (ETC)
  • Ethereum Futures
  • Ethereum Network
  • ethereum price
  • Ethereum price analysis
  • Ethereum Staking
  • Ethereum Upgrade
  • Ethereum Upgrades
  • Flare Networks
  • Flare Networks Snapshot
  • Gemini
  • google
  • Grayscale
  • Grayscale Bitcoin Trust (GBTC)
  • Guide
  • Guides
  • Institutional Investors
  • justin sun
  • JustSwap
  • LINK Marines
  • Litecoin
  • Litecoin (LTC)
  • Litecoin (LTC) News
  • Litecoin Development
  • litecoin foundation
  • Litecoin MimbleWimble
  • Market
  • MicroStrategy
  • MimbleWimble
  • Mining
  • Monero (XMR)
  • News
  • NFT
  • NFTs
  • Non-Fungible Tokens
  • Other
  • Poloniex
  • Prices
  • Regulation
  • ripple
  • Ripple
  • Scams and Hacks
  • sec
  • Securities and Exchange Commission
  • Spark Token (FLR)
  • Spark Token Airdrop
  • Spark Tokens (FLR)
  • Tron (TRX)
  • TRON (TRX) News
  • Tron Foundation
  • Twitter
  • Tyler Winklevoss
  • Wallets and Exchanges
  • XRP
  • XRP News
  • XRP Price Prediction
  • Yearn Finance (YFI)
  • Zcash (ZEC)
  • ZCash Halving
  • Zeus Capital
  • Zilliqa (ZIL)
  • Zilliqa (ZIL) News
  • Zilliqa Staking

Tags

Altcoin Bitcoin drops Bitcoin Wallet Cointelegraph Cryptocurrency ICO Investment Lending Market Stories Mining Bitcoin

Newsletter

[mc4wp_form]

  • About
  • FAQ
  • Support Forum
  • Landing Page
  • Buy JNews
  • Contact Us

© 2017 JNews - Crafted with love by Jegtheme.

No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2018 JNews by Jegtheme.