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 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 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 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 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...
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...
Quick take: The Litecoin Foundation has an announced a partnership with Hub The partnership will be for the delivery of virtual and hybrid events to the crypto industry and Litecoin’s over 1,000,000 global member community Such events are particularly important during COVID times that require social distancing Litecoin’s global community...
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...
In summary: The Litecoin network has gained 307,603 new non-zero LTC wallet addresses in the past week. This equates to an average of 43,943 new addresses per day. No direct explanation can be found for the sudden increment in LTC addresses. One explanation could be DeFi. A second could be...
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...
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...
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...
