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Litecoin News

Litecoin (LTC) – CryptoNewsZ Cryptocurrency & Blockchain News Updates

  • Why Is Litecoin Sinking? Will LTC Retest $120 Mark?
    by Trevor Holman on January 19, 2022 at 1:00 pm

    Litecoin was among the top five cryptocurrencies a few years ago. After the founder of LTC, Charlie Lee, declared that he sold all his LTC to focus more on the development of blockchain technology, then the price of the coin declined significantly.  It is designed on a Bitcoin protocol to enable peer-to-peer exchanges at affordable …

  • Litecoin (LTC) Has Been Consolidating From Last 8 Months!
    by David Cox on December 14, 2021 at 1:35 pm

    Experts’ opinion is that Litecoin is undervalued compared to Bitcoin. However, Litecoin tripled its value in the last year. Though it has an ATH of $422, it is undervalued because the potential price could be $1500. Available at a lower price, it is considered an alternative to Bitcoin and Ethereum. Halving is the catalyst of …

  • Litecoin (LTC) Is Struggling to Get a Bullish Momentum
    by Trevor Holman on December 8, 2021 at 1:20 pm

    Litecoin is still undervalued than Bitcoin, though it tripled its value this year. It has an ATH of $412, but experts believe its current market value would be $1500. That is why it is in the news as an alternative to Ethereum and Bitcoin. The catalyst of increasing the Litecoin value is halving. Two halvings …

  • Litecoin (LTC) Holds Potential to Recover Despite Recent Fall
    by Scott Cook on November 17, 2021 at 10:44 am

    Recently, Litecoin has reached a new milestone with a partnership with VISA. The founder of LTC introduced the ‘Litecoin Card.’ It is useful for instant off-ramp payments, which will convert into Litecoin holdings on the receiver’s end. Litecoin published this news on their Twitter page.  They also developed a partnership with a Fintech firm to …

  • Litecoin Struggles to Hold on to $200; Profit Booking Continues
    by Trevor Holman on October 26, 2021 at 1:14 pm

    Litecoin is among the oldest surviving cryptocurrency networks that has remained mostly intact. The price action might include heavy volatility; it seems sustainable. Litecoin has been trending for a long time, and working above the level of $200 seems highly unlikely. By hitting a double century in value, Litecoin has entered the elite group of …

  • How Traders Can Take Advantage of Volatile Litecoin?
    by Sara Gillard on October 21, 2021 at 7:50 am

    Litecoin was up by more than 140% in the last year, even though it was one of the fastest-growing coins until May this year. Some external factors make this coin highly volatile. Experts believe that the United States higher capital gains taxes also played a vital role in the cryptocurrency market. Indeed, Litecoin has the The post How Traders Can Take Advantage of Volatile Litecoin? appeared first on NameCoinNews.

  • Litecoin Surpasses Ethereum in Number of Active Addresses
    by Roxanne Williams on October 13, 2021 at 12:04 pm

    Santiment, the on-chain data provider, states that Litecoin has surpassed Ethereum in terms of active wallet addresses. In addition, according to the data provider, Litecoin payment count hit its all-time high at 600k daily users. The number allowed the UTXO crypto to beat the top DeFi and NFT platform. Most LTC forecasts have failed with …

  • Litecoin Closing Towards the Important Level of 200 DMA
    by Scott Cook on October 7, 2021 at 11:35 am

    Litecoin has been less known as a popular cryptocurrency in 2021 after being dethroned by new cryptocurrencies offering better security and privacy. After Bitcoin, LTC is among the oldest cryptocurrencies, tracking its roots back to 2011.  As of October 2021, LTC ranks at the 15th position and is close to being dethroned by the rally …

  • 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 …