Quick take: Litecoin’s MimbleWimble privacy protocol has resulted in some South Korean exchanges issuing warnings about LTC. Upbit and Bithumb have advised crypto users of the risks associated with the privacy upgrade. Both exchanges cited South Korea’s Act on the Reporting and Use of Specific Financial Transaction Information. Bitcoin’s little...
Litecoin has activated the privacy protocol Mimblewimble. Mimblewimble allows the obfuscation of sender and recipient addresses, as well as transaction amounts. Privacy coins are frowned upon by the governments, so it remains to be seen how they will react. The Litecoin network has officially activated privacy protocol Mimblewimble, the Litecoin...
Litecoin miners have started the process of signaling for the MimbleWimble upgrade AntPool was the first mining pool to signal for the upgrade 75% of the miners need to signal for MimbleWimble for it to be activated If the miner’s threshold has not been reached in 1 year, MWEB will...
Litecoin whales holding 1k to 100k LTC have increased their holdings by 270k in the month of July Unique addresses on the Litecoin network have also grown by 47.5% in the last 10 days Litecoin’s on-chain metrics are bullish. However, LTC’s fate is tied to Bitcoin’s Litecoin has pushed above...
Grayscale’s Litecoin Trust (LTCN) is trading at a 463.95% premium Each LTCN is trading at $59.83 in pre-market trading Each LTCN represents 0.09187613 LTC which is an actual value of roughly $10.42 using a Litecoin rate of $113.40 Grayscale’s Litecoin Trust now holds LTC worth $168.45 Million Litecoin has bounced...
Nascar Driver Landon Cassill will receive his entire payment in Litecoin (LTC) Mr. Cassill will be the first Nascar Driver to be paid entirely in cryptocurrency The payment in Litcoin is part of a 19-race sponsorship deal with Voyager At one point, Charlie Lee helped Landon Cassill understand Litecoin when...
Litecoin’s MimbleWimble protocol is on track for activation around the end of the year The Litecoin MimbleWimble code is currently being reviewed and audited by developers The team at Litecoin has requested any interested developers to join the MimbleWimble Telegram channel to help with the process Like Bitcoin, Litecoin is...
Litecoin is now a payment option on the Protonmail shop and Venmo Bitcoin, Ethereum and Bitcoin Cash is also supported by the two platforms The Protonmail Shop has additional support for DAI Litecoin has bounced back above the 200-day moving average You can now use Litecoin (LTC) as a payment...
Komodo (KMD) platform will start using Litecoin for cross-chain notarizations The move is aimed at providing a cost-effective mechanism for 51% protection Komodo has been using Bitcoin but a need to reduce costs and scale has led to the switch to Litecoin The switch will happen in June of this...
In summary: Litecoin’s daily active addresses have increased by a factor of 6 in 12 months Litecoin new daily addresses have increased by a factor of 5x in the same time period On-chain metrics point towards increasing use of LTC Litecoin’s MimbleWimble is now ‘code complete’ and implementation could increase...
In brief: Veteran trader, Peter Brandt, has identified an inverted head and shoulders pattern on the 6hr LTC chart If the pattern plays out, Litecoin could retest the February high at around $240 Litecoin’s MimbleWimble code will be ready by 15th of March thus providing an event for bullish momentum...
