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...
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...
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 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 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...
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...
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...
In summary: Bitcoin and Ethereum have regained losses witnessed during the Coronavirus crash of mid-March. Litecoin seems to be struggling to regain a footing after dropping below $50. LTC risks losing the $40 psychological support. However, the weekly chart prints a falling wedge offering some hope for investors. Savvy crypto...
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...
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...
Quick take: Litecoin’s daily active addresses have been on a slow climb since the beginning of the year. Daily active addresses is one indicator used to predict the price of a digital asset. An increment in Litecoin’s daily active addresses could point to a resurgence of LTC in the crypto...
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...
