Litecoin Tanks, Yet May Soon See Bounce Mere weeks ago, Litecoin (LTC) underwent its latest block reward reduction — also known as a “halving” or “halvening”. While many expected for this to kick off the cryptocurrency’s next surge, it didn’t. In fact. the popular altcoin plunged after the halving, falling...
Launched in October 2011 as a Bitcoin (BTC) fork, Litecoin (LTC) has consistently ranked among the top cryptocurrencies. As a leading peer-to-peer (P2P) digital asset platform, the Litecoin network adopted SegWit (for more efficient transaction data processing) before it was added to the Bitcoin protocol. Litecoin’s developers have also integrated...
Quick take: Grayscale Investments has quietly scooped up 178,691 Litecoin in the last 30 days This translates to roughly $28.9 million in Litecoin Gene Simmons has openly declared that he is ‘a happy Litecoin investor’ The 50 day MA provides LTC with support at current levels of $160 The monthly...
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...
Summary: 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...
In brief: Litecoin’s founder, Charlie Lee, sold his LTC in late 2017 to concentrate on the project’s development Charlie Lee received a lot of criticism for his decision to sell his Litecoin bag According to David Schwartz, Mr. Lee sold his Litecoin at an average price of $205 Litecoin is...
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 brief: Developers at the Litecoin project have released the latest core upgrade dubbed v0.18.1. News of the available upgrade comes months after investors feared there was no active development at the Litecoin project. This release quells any fears that development at the Litecoin project had hit a dead end. ...
Litecoin is a “Payment Token” In a report from the IMF published late last year, but that only surfaced on Crypto Twitter over the past few days due to a tweet from the Litecoin Foundation’s Xinxi Wang, the monetary authority’ statistics department subtly gave Litecoin (LTC) its stamp of approval....
In brief: The Litecoin Foundation has announced a partnership with the legendary videogame company of Atari. LTC will now be accepted as a means of investing in the Atari token to be issued in September 2020. Additionally, LTC will become a payment option for purchasing the new Atari VCS gaming...
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...
