Litecoin News

Litecoin was invented by Charlie Lee in 2017 with a specific objective in his mind. The cryptocurrency is quite close to Bitcoin, although some key differences make this blockchain-based project different from BTC. The primary benefit of Litecoin (LTC) is its high speed and affordability, which makes this cryptocurrency extremely useful in carrying out transactions. There is no time delay in settlement of the payment and virtually transactions can be completed without any transaction fee. Although Litecoin can’t match the speed and affordability of Ripple, it is still a much better option compared to Bitcoin in terms of transaction speed and affordability.

Litecoin blockchain adds a new block every 2.5 minutes while in case of Bitcoin, the new addition takes 10 minutes. Further, the use of script in the proof-of-work consensus protocol makes the mining process of Litecoin easy for the users who work on a normal personal computer. It is also important to note that Litecoin is among the very first cryptocurrencies which went ahead with the adoption of SegWit.

News on Litecoin is a regular affair in the cryptocurrency industry and the popularity of the coin can be estimated from the fact that it is ranked 6th in the crypto market in terms of total capitalization. Litecoin price news often relates to the dynamic nature of cryptocurrency, with most of the latest Litecoin news often revolves around the gains or losses that the digital coin makes on a daily basis. 

  • Litecoin News

Things you Need to Know About Litecoin

Litecoin or LTC is a peer-to-peer cryptocurrency developed by a former Google employee Charlie Lee in 2011. It uses blockchain…

1 year ago
  • Litecoin News

Litecoin Surges Exceptionally in Intraday; Faces Resistance at $50

Litecoin at the time of penning down this analysis was trading at $47 after breaching a 6-week resistance at $48.35…

2 years ago
  • Litecoin News

Litecoin Lacks Steady Momentum and Faces Rejection Above $45

Litecoin apart from the facing a strict resistance above $85 on YTD chart and at $45 on the monthly chart…

2 years ago
  • Litecoin News

Litecoin (LTC) Breaks Three Day Long Bearish Spree

Litecoin, being amongst the top 10 altcoins, has been affected severely from the market bears over these days. The coin…

2 years ago
  • Litecoin News

Litecoin (LTC) Draws a Bearish Crossover as it Continues to Dip Below $50

Litecoin, at the time of penning down this article, was trading below $50 around $46.31 with a lack of support…

2 years ago
  • Litecoin News

Litecoin (LTC) Crosses $45 After Impressive Intraday Hike

Litecoin's value has been uplifted from 44 USD to 45.93 USD over the last 24 hours Investors may find the…

2 years ago
  • Litecoin News

Litecoin (LTC) Falls to $40 Mark After a Sudden Bearish Strike

Litecoin has not been spared from the overall market-wide correction over the last 24 hours. After days of steady upside…

2 years ago
  • Litecoin News

Litecoin (LTC) Consolidates Around $38 Amidst Bearish Outlook

Litecoin has been trading with moderate volatility over the last few weeks. Since the last 7 days, LTC persists the…

2 years ago

Litecoin Exhibits Moderate Volatility Over the Past 24 Hours

The crypto market is reflecting bearish signs as most of the coins in the market holding a bearish divergence. This…

2 years ago

Litecoin Shows Moderate Week; May Witness Improvement Soon

Litecoin loses 9.30% over the last week From the last two day, the currency has marked upside momentum The next…

2 years ago

Litecoin’s Dramatic Movement Keeps the Bearish Trend Alive

Litecoin (LTC) holds a popular place when it comes to cryptocurrency. The coin is said to replace Bitcoin in the…

2 years ago

Litecoin Appears Bullish; Touches $77 After 6% Hike Overnight

Litecoin seems to have started the price recovery process and adds 6.05% overnight The next resistance for the coin may…

2 years ago

Litecoin’s Dramatic Movement Reflects Downtrend

Litecoin exhibits strong bullish moves since the beginning of this year. Yesterday, Litecoin and other major coins of the market…

2 years ago

Litecoin (LTC) Exhibits Heavy Drop; Price Stuck Around $45

Most of the cryptocurrencies are trading under market pressure over the last 24 hours. The pressure seems to be taking…

2 years ago

Will Litecoin (LTC) Take A Slow and Steady Route to Get Away from Bear Influence?

Litecoin has had a stable upward rise till June, but the bears brought a change in its price movements which…

2 years ago

Litecoin (LTC) Seems to Take a Dip as it Faces Rejection Above $40

Litecoin trades at $40.4, at the press time, and we believe that it is trading better than the fresh 30-day…

2 years ago

Will Litecoin (LTC) Continue to Underperform in the Near-term?

The performance of Litecoin had been stupendous during the first half of the year despite a slow start to the…

2 years ago

Litecoin Trades Above $40; Gains Support from the Imminent Moving Averages

Litecoin (LTC) rebounds from the 90-day low price as it currently trades around $40 after having hit $42 in the…

2 years ago

Will Litecoin Get Back Its Winning Spark in the Ongoing Bearish Momentum?

Litecoin News: Litecoin price began the year on a slow note, but soon, the price gained upward steam and showed…

2 years ago

Will Litecoin (LTC) Ever Recover from the Bear Grip?

Litecoin price has got engulfed in the continual bearish volatility affecting the crypto market. The price has been continually below…

2 years ago