Litecoin Creator Pokes Fun at US Interest Rates: LTC Halving Nears 12
To overcome the looming threat of economic downturn, the US Federal Reserve has cut interest rates for the first time since 2008. In response, Litecoin creator and former Director of Engineering at Coinbase Charlie Lee issues a tongue-in-cheek tweet announcing his own financial policy modification: halving the Litecoin mining rewards...
Litecoin (LTC) Acknowledged as Payment Token by IMF 13
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....
Litecoin Creator Lee Clears the Air About LTC's Future 14
Litecoin Subject to Hate Over the past few months, the Litecoin (LTC) community has been under a barrage of rumors that the project is dead. Indeed, Bitcoin millionaire Erik Finman called the altcoin nearly dead in December, claiming that it is currently relishing in its last minute of sunlight. These...
Litecoin Foundation Board Reassures Crypto Community After "FUD" 15
Litecoin Seemingly in Rough Waters Over the past few weeks, Litecoin (LTC) has been subject to barrages of “FUD”. You see, since the cryptocurrency’s block reward reduction, the cryptocurrency has dipped dramatically, while fears around the project’s long-term success have festered. Indeed, Bitcoin millionaire Erik Finman called the altcoin nearly...
Altcoins, Especially Litecoin (LTC), May Rebound; Here's Why 16
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...
Litecoin Crash After Halving Sets Bad Precedent for Bitcoin: Trader 17
Litecoin Plunges in Wake of Halving In August, Litecoin (LTC) saw its latest block reward reduction — dubbed a “halving” or a “halvening”. While countless analysts were expecting for the cryptocurrency to surge in the wake of the inflation reduction, it didn’t. In fact, Litecoin plunged, falling from a three-digit...
Litecoin
Although Bitcoin faced a strong and swift rejection from the upper-$10,000 region yesterday, many major altcoins have been able to surge against their BTC trading pairs today, with Litecoin leading the way. Importantly, today’s surge in the aggregated altcoin market may signal that they are once again beginning to form...
LTC At $72: Litecoin Could Continue to Rebound, Analysts Say 18
Litecoin Price May Continue Recovery 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 from three...
Litecoin
Ever since its highly anticipated halving event earlier this past summer, Litecoin has been facing a significant amount of downwards pressure that has led it to retrace over 50% from its 2019 highs. This lackluster price action has shown few signs of slowing down anytime soon, but one analyst is...
Litecoin Price Tanks By 8% in Minutes as Bitcoin Shows Weakness 19
While Bakkt’s Bitcoin futures are here, the crypto market has been struggling. Litecoin, the fifth-largest cryptocurrency market capitalization, fell off a proverbial cliff earlier this hour. As of the time of writing this article, Litecoin is trading at $66.75, having lost 8% in the past 24 hours. Bitcoin, for some...
Litecoin (LTC) Price Down 50% From Halving: Crypto Crush Hits Hard 21
LTC Price Halves After Litecoin Halving Just like the rest of the cryptocurrency market, the Litecoin price has been absolutely slammed over recent weeks. As of the time of writing this, LTC has collapsed to $55, trading 3% lower than what the cryptocurrency was at 24 hours ago. While a...