Litecoin News Today – Coinbase Announces Support for LTC, Others on Google Pay – March 18th, 2020

  • Coinbase Announces Support for Litecoin, others on Google Pay
  • Coinbase now powers payments for users in 14 different countries
  • Litecoin price is trading 4.77% after a small bounce upwards

Litecoin news today – According to reports, Coinbase has announced that it will allow Android users to link their crypto, Coinbase Card, to their Google Pay wallets. Coinbase said this integration is designed to push cryptos into a platform that is widely used. All customers will now have the option to tap into their LTC, BTC, ETH, BCH, XRP, XLM, BAT, and LTC balances to make daily purchases. Recall that Coinbase initially introduced its Visa debit card in 2019 to serve both the UK and European users. This news now means Coinbase Card and Android users in over 14 countries will have the capacity to pipeline their crypto balances with Google Pay-enabled devices, like smartphones and smartwatches.

Which Countries Now Support Coinbase Card and Google Pay?

The countries include the United Kingdom, Finland, the Republic of Ireland, Belgium, France, Italy, Spain, Slovakia, Poland, Czech Republic, Croatia, Denmark, Sweden, and Norway. Per the report, after the Coinbase Card is requested, users can add it to Google Pay and begin using their crypto Coinbase physical Card launches. Powering in-store, peer-to-peer and online payments around the globe, Google Pay hopes to expand its user base this year to 100 million worldwide. The digital wallet is one of the most widely used contactless mobile payment providers. It is second to Apple Pay. Apple Pay has more than 220 million users around the globe. Coinbase has revealed plans to expand this integration to more European countries later in the year.

Litecoin Price Prediction – Litecoin Price is Trading 4.77% After a Small Bounce Upwards

Litecoin (LTC) Price Today – LTC / USD

NamePrice
litecoin
Litecoin
$46.19

The Litecoin price has been weak in the last month. It has struggled to make a real impact. However, today, there has been a little bounce but no meaningful break. This isn’t enough to remove the overall downward action. When you look at the daily chart, you will see that there’s a bullish note. This is what can be taken from the low of %23.46. If this level is broken to the downside, then we could expect a bearish signal. The most important point on the daily chart is the LTC volume seen at the bottom. When you look at the bottom right side you will see an exponential spike in the overall number of contracts that were traded on Coinbase. This peak point for LTC beats the positions that were seen towards the end of 2017 to the start of 2018. This was during the crypto boom. This latest development for LTC helped to stem the losses as we are now expecting several big orders.

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

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