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...
In brief: The Litecoin Foundation has announced a partnership with the legendary videogame company of Atari. LTC will now be accepted as a means of investing in the Atari token to be issued in September 2020. Additionally, LTC will become a payment option for purchasing the new Atari VCS gaming...
In brief: Litcoin has long been considered Bitcoin’s little brother. FUD has been rife since Charlie Lee sold his LTC holdings. Last year, news broke that Litecoin did not have developers. MimbleWimble was officially proposed in early 2019 with a Testnet version expected in Q3 this year. Implementation of MimbleWimble...
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...
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...
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...
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 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 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 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...
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...
