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...
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...
Quick take: Flare Networks will be integrating Litecoin ahead of their Q2 launch Litecoin users will be able to use Ethereum style smart contracts Litecoin holders qualify for a 5 Billion Spark Token (FLR) airdrop Details of the airdrop will be provided later with the tokens being sourced from the...
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...
Summary: Code to Litecoin’s MimbleWimble will be ready by Q1 of 2021 Activation will soon follow depending on the Litecoin community and miners Litecoin has soared by over 211% in Q4 of 2020 Litecoin could continue to gain in the markets as investors look for digital assets that do not...
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...
In summary: On the 1st of this month, Litecoin’s MimbleWimble protocol was launched on the Testnet MimbleWimble developer, David Burkett, explained that the testnet version still has to undergo further testing before the Litecoin community can test it Full activation on the mainnet will be some time in 2021 On...
Quick take: Litecoin is exhibiting a bullish divergence between daily active addresses and price LTC is showing a 3 month high in terms of address activity vs its current price Litecoin’s MimbleWimble protocol is due for launch on its testnet this month LTC could be gearing up for a push...
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...
In summary: The senior developer behind Litecoin’s MimbleWimble protocol has provided a monthly update. He anticipates a mid-September Testnet launch. The protocol is meant to introduce confidential transactions on the Litecoin network and could be the spark that reignites investor interest in LTC. Earlier today, Litecoin’s Senior MimbleWimble Developer, David...
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...
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. ...
