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Litecoin News

Litecoin (LTC) – CryptoNewsZ Cryptocurrency & Blockchain News Updates

  • Litecoin (LTC) Takes Support from 50% Fibonacci Retracement
    by Trevor Holman on September 8, 2021 at 1:30 pm

    Litecoin has fallen from the top cryptocurrencies to the 14th position in terms of market capitalization. While based on the Bitcoin protocol itself, developers of Litecoin followed a different hash technique. Their main goal of developing a better blockchain network when compared to Bitcoin. And they created a blockchain network with a block time of …

  • Litecoin Launches Smart Contract, DAO, Token Assets, and NFTs
    by Roxanne Williams on September 8, 2021 at 11:17 am

    Litecoin Foundation, the Singapore-based, non-profit organization, has introduced its own decentralized token minting hub named “OmniLite”. It will facilitate the Litecoin ecosystem. It is also being heralded as a tough competitor to Ethereum. Dubbed as “Ethereum Killer”, it will allow access to all benefits that Ethereum users currently have- Smart Contracts, assets in the form …

  • OmniLite Makes Debut to Facilitate the Creation of Crypto Assets
    by Richard Lee on September 8, 2021 at 8:08 am

    By launching the open-source platform named OmniLite, Litecoin has taken a progressive step towards becoming an ecosystem for developers who want to experiment with emerging opportunities available in the cryptocurrency domain. OmniLite is built on the blockchain network of Litecoin and comes equipped with distinct advantages associated with Litecoin such as low fees, round-the-clock uptime, The post OmniLite Makes Debut to Facilitate the Creation of Crypto Assets appeared first on NameCoinNews.

  • Why Is Litecoin Trading Lightly When Others Claim Fresh Highs?
    by Ronald Cribbs on August 25, 2021 at 7:55 am

    While a majority of cryptocurrencies have breached the low created on May 21, 2021, LTC is still trading below that level. It is one of the worst-performing cryptocurrencies when compared with the blockchains launched before 2015. The resistance at $200 is so high that buyers are also losing interest in buying this asset near the The post Why Is Litecoin Trading Lightly When Others Claim Fresh Highs? appeared first on NameCoinNews.

  • Litecoin Faces Little Resistance; Will LTC Turn Bullish Soon?
    by David Cox on August 9, 2021 at 1:17 pm

    Current price action on the Litecoin counter is indicating a strong possibility of a breakout, which is a much needed sentiment to convert the consolidation cum flat trading crypto into a trending bullish asset. The only hindrance between a positive breakout and retracement is the resistance of $155. For now, the price action on the …

  • Litecoin (LTC) Reflects Retracement From Yearly Low
    by David Cox on July 21, 2021 at 12:38 pm

    Litecoin has finally shown some light at the end, retracements from a year low of $103.80 it hit on July 20. Buying sentiment at these levels has brought LTC into a new light for investors. After falling for over two months and losing about 75% valuation, there is still no sign of positivity on a …

  • Can Litecoin (LTC) Break Through the $190 Barrier?
    by Trevor Holman on June 16, 2021 at 11:40 am

    Litecoin is trading below the market capitalization of Bitcoin Cash and currently has a market cap of 11 billion USD. After the crash of May 2021, LTC seems to have lost its charm. Trading in a consolidation zone has made it difficult for new investors to trade at this counter.  The upside movement of Litecoin …

  • Is Litecoin the Best Alternative Option for Bitcoin?
    by Ronald Cribbs on June 2, 2021 at 12:55 pm

    Often considered Bitcoin’s little brother, Litecoin was originally conceived as a peer to peer cryptocurrency to serve a similar purpose as Bitcoin. It was launched in 2011 by Charlie Lee with the goal of making a lighter version of Bitcoin meant for daily transactions. Litecoin uses a similar proof of work algorithm called Sycrpt. Being The post Is Litecoin the Best Alternative Option for Bitcoin? appeared first on NameCoinNews.

  • Litecoin’s Recent Progress Hopes to Cross the $500 Mark
    by Roxanne Williams on May 10, 2021 at 9:48 am

    The crypto industry is facing global success, and Litecoin is the latest addition to the trend. LTC recently reached a market value of 383.819 dollars on Investing.com. The growth rate at that moment was 10.67% for the crypto, and it is maintaining the momentum. LTC made news by breaking its all-time high market cap record …

  • Pros and Cons of Litecoin
    by Matthew Diaz on April 4, 2021 at 8:30 am

    Litecoin: Where did it come from? Charlie Lee in 2011 developed the blockchain-based decentralized cryptocurrency similar to Bitcoin and is commonly referred to as a fork of Bitcoin. Fork here refers to the state in which a specific blockchain splits into two paths, mainly when the blockchain community plans to introduce a new method to The post Pros and Cons of Litecoin appeared first on NameCoinNews.

  • Things you Need to Know About Litecoin
    by Erica Lee on April 3, 2021 at 8:00 am

    Litecoin or LTC is a peer-to-peer cryptocurrency developed by a former Google employee Charlie Lee in 2011. It uses blockchain technology to transfer funds between businesses and individuals. Also, the need for any intermediary financial institutions or payment processing services is not required. Like any other leading cryptocurrency, Litecoin has a finite supply, amounting to …

  • Litecoin Price Breaks Above $100 After Massive Consolidation
    by Mehak Punjabi on December 18, 2020 at 11:04 am

    Litecoin took over Bitcoin Cash and is now one of the top 5 cryptos of the global market as it trades above $100. However, LTC took over BCH even before the current, complete bullish crossover above $100 as the former’s market cap aced above the latter. Alongside, it has been over the past two days …

  • Litecoin Price Trades at the Major Resistance Area at $80
    by Mehak Punjabi on December 8, 2020 at 1:50 pm

    Litecoin takes over Bitcoin Cash and is now one of the top five cryptocurrencies of the market, currently trading around at the major resistance price, i.e., $80. Litecoin is one of the oldest cryptocurrencies, lured a lot of attention over time, and earned credibility just like Bitcoin, Ethereum, and XRP. With the current strengthening in …

  • Litecoin Price Breached 15-Month Resistance while Lost 20% in 2 Days
    by Mehak Punjabi on November 26, 2020 at 1:06 pm

     Litecoin’s Recent Price Summary Litecoin, one of the oldest cryptos amongst the top 10 of the global market was seen spurring at the onset of the week when it just leaped to a position above Bitcoin Cash based on market capital. While LTC leaped above BCH, the former was seen breaching a 15-month resistance, trading …

  • Litecoin Price Breaches its Crucial Resistance at $60
    by Mehak Punjabi on November 6, 2020 at 9:39 am

    Litecoin leaped to trading amongst the top 10 cryptos of the market even though it nosedived below 10th position due to no traction. However, the past 24-hour movement of the largest cryptocurrency—Bitcoin, has been stupefying and is trading with a fresh 2-year high above $15k. Moreover, if we consider the historical price movement of BTC/USD, …

  • Litecoin (LTC) Appears Intraday Bearish Slightly Below $50
    by Mehak Punjabi on October 15, 2020 at 1:08 pm

    Litecoin has gained investors’ attention as a trustworthy medium of investment amongst many cryptocurrencies in the global market. Back then, people in the name of crypto only knew Bitcoin, followed by some faithful and trustworthy investments in XRP, Litecoin, etc. These cryptocurrencies’ rank keeps changing depending on their market capitalization dynamics, but the image created …

  • Litecoin Breaches Major Resistance at $50 and Appears Bullish
    by Mehak Punjabi on October 10, 2020 at 11:20 am

    Litecoin (LTC), at the time of penning down this analysis, was seen trading at $49.55 after rising briefly around $50 in the wee hours of the trading session today. However, it was just yesterday when the major cryptocurrency by market capitalization—Bitcoin was seen breaching a 5-week resistance against the US Dollar after a notable downside …

  • Litecoin Trades Around $46 with Slight Bullish Crossover
    by Mehak Punjabi on September 28, 2020 at 11:03 am

    Litecoin, from trading amongst the top 10 cryptos of the market, has now slipped below 10th position and is now amongst the top 15. Although the market rank suffices the profit-making criteria of the market, it cannot be ignored that the coin has slipped from the 4th position to currently trading at 12th position with …

  • LTC and TRX Get Support of CATV and CARA
    by Roxanne Williams on September 7, 2020 at 2:20 pm

    In an important announcement, Uppsala Security has announced that wallet addresses of Litecoin (LTC) and TRON (TRX) will be supported by its Crypto Analysis Transaction Visualization (CATV) tool and Crypto Analysis Risk Assessment (CARA) tool. This will add a lot of value to LTC and TRX, as users can use these tools to assess the …

  • Litecoin Card Will be Available Soon; US Residents First to Get It
    by Matthew Diaz on August 25, 2020 at 11:19 am

    As a part of its partnership with the blockchain-powered global fintech platform Ternio, the Litecoin Foundation is inviting people from the US to sign-up at litecoin-card.com and get their Litecoin Card. According to the recent Litecoin news, the Litecoin Foundation announced on August 25, 2020, through its official Twitter account. Sign up for an account The post Litecoin Card Will be Available Soon; US Residents First to Get It appeared first on NameCoinNews.