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 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 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...
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...
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...
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 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...
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...
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...
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...
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...
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...