Biden budget proposes closing crypto loophole to raise 24 billion in new revenue - Yahoo Finance
| LTC Crypto | USD 101.73 3.09 2.95% |
About 62% of Litecoin's investor base is looking to short. The analysis of the overall investor sentiment regarding Litecoin suggests that many traders are alarmed. The current market sentiment, together with Litecoin's historical and current headlines, can help investors time the market. In addition, many technical investors use Litecoin crypto news signals to limit their universe of possible portfolio assets.
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Biden budget proposes closing crypto loophole to raise 24 billion in new revenue Yahoo FinanceBiden budget proposes 30 percent tax on crypto mining electricity usage CointelegraphBiden Budget Plan Would Close Crypto Tax Loss Harvesting Loophole CoinDesk
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Litecoin Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Litecoin crypto coin to make a market-neutral strategy. Peer analysis of Litecoin could also be used in its relative valuation, which is a method of valuing Litecoin by comparing valuation metrics with similar companies.
Peers
Litecoin Related Equities
Check out Cryptocurrency Center, Litecoin Correlation and Litecoin Performance. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.