Litecoin

Litecoin was developed as an alternative peer-to-peer cryptocurrency that addressed some of Bitcoin’s inefficiencies at the time. Lee replicated Bitcoin’s code, but made several tweaks including one that would make the Litecoin network process a block 4 times faster than Bitcoin does.

Litecoin was created in 2011 by ex-Google engineer and MIT graduate Charlie Lee. 

Litecoin’s supply is capped at 84 million LTC. 

Litecoin was at the center of a hoax when it was falsely reported that the cryptocurrency reached an agreement with Walmart to be an accepted form of payment by the retailer. 

The blockchain network Litecoin's computational power reached an all-time high (ATH) on Wednesday, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash per second (TH/s). In addition, Litecoin's difficulty also reached an all-time high this week, hitting 23,505,031 the following day.

Litecoin's Hashrate Reaches All-Time High, Difficulty Follows Suit

Bitcoin

Chainlink

A widely followed crypto analyst says that Bitcoin (BTC) could continue its uptrend as he keeps a close eye on Litecoin (LTC) and three Ethereum-based (ETH) altcoins. Pseudonymous trader Rekt Capital tells his 334,000 Twitter followers that he expects BTC to continue rising as long its dominance level successfully retests a key level.

Bitcoin Breakout Imminent? Analyst Says Key Price Point Will Be Pivotal, Tracks Path Ahead for Litecoin and Three Ethereum-Based Altcoins

Litecoin (LTC) price is still moving below the $91 level.

Litecoin Holds Above $80, But Challenges $91 Barrier

Ethereum

A widely followed crypto analyst is seeing “massive opportunities” for Ethereum (ETH) traders in the coming days. Crypto trader Michaël van de Poppe tells his 645,800 Twitter followers that any traders who aren't in the ETH market yet might want to reconsider. “Area I'm interested on ETH.

Top Crypto Analyst Highlights Area of Interest for Ethereum Traders, Breaks Down BTC and Two Booming Altcoins

Shiba Inu

Shiba Inu (CRYPTO: SHIB) surpassed Litecoin (CRYPTO: LTC) to become the thirteenth largest cryptocurrency by market capitalization early on Wednesday. What Happened: At the time of writing, SHIB's market cap stood at $6.9 billion, while Litecoin's market cap was at $6.3 billion.

Shiba Inu Edges Out Litecoin As 13th Biggest Crypto With 19% Surge

A popular analyst who correctly called Bitcoin's (BTC) ascent above $20,000 says he'll remain bullish on the king crypto until proven otherwise. Pseudonymous analyst DonAlt tells his 452,700 Twitter followers that Bitcoin's strong performance last week suggests that BTC bears are starting to lose momentum.

Top Analyst Says Major Shift in Behavior Happening for Bitcoin (BTC), Updates Outlook on Litecoin (LTC)

Dogecoin

Shares of bitcoin miner Bit Mining were up roughly 51% on Tuesday afternoon, trading at around $4.70. The post Bit Mining up 51% after launch of new LTC, DOGE mining machine appeared first on The Block.

Bit Mining up 51% after launch of new LTC, DOGE mining machine

The Litecoin (LTC) price hovered below the $80 resistance level for over a month before breaking through it. The cryptocurrency's value rose even further today, reaching a high of $91 before retreating.

Litecoin Hits A High Of $91 As It Enters An Overbought Zone

In roughly 202 days, the cryptocurrency network Litecoin (LTC) will experience a block reward halving on or around Aug. 3, 2023. Litecoin will be the first major proof-of-work (PoW) blockchain to see a reward reduction before Bitcoin's upcoming halving, which is expected to occur 203 days from now.

Litecoin to Undergo Block Reward Halving in Just Over 200 Days, First Among Major PoW Cryptocurrencies

A closely followed crypto strategist is predicting a massive Litecoin (LTC) rally this year in anticipation of its halving event slated for August. Pseudonymous analyst Rekt Capital tells his 331,800 Twitter followers that Litecoin has a tendency to erupt prior to its halving based on historical price action.

Analyst Predicts Epic Litecoin Rally As This Year's Halving Approaches – Here's His Target

The price of Litecoin (LTC) is steadily rising as the altcoin breaks through the $72 and $80 barriers.

Litecoin Stalls At $80 As It Reaches Overbought Market

A widely followed crypto analyst is warning Bitcoin (BTC) traders that the weekend ahead could be a tricky one. Popular crypto trader Michaël van de Poppe tells his 644,000 Twitter followers to avoid overleveraging BTC heading into the first weekend of the new year. “We should be good if Bitcoin remains above $16,600.

Crypto Analyst Michaël van de Poppe Forecasts a Tricky Weekend for BTC, Charts Ethereum and Litecoin

The CEO of crypto wealth management platform Abra thinks Litecoin's (LTC) reliability makes it important to the broader crypto space. Bill Barhydt says that Litecoin is the only decentralized peer-to-peer payment system with 10 years of uninterrupted uptime. Uptime measures the percentage of time a system has been up and operational.

Here's Why Litecoin (LTC) Is Important, According to Abra CEO Bill Barhydt

A closely followed crypto trader says now may be the time to keep an eye on peer-to-peer payments network Litecoin (LTC). The pseudonymous trader known as Cantering Clark tells his 156,000 Twitter followers that LTC is forming a structural pattern that previously signaled bottoms and reversals.

Litecoin About To Explode? Top Trader Looks at Potential Opportunities in LTC and One More Large Cap Altcoin

Litecoin (LTC) has regained its bullish momentum and breached the $72 barrier level. The cryptocurrency is expected to grow and return to its previous high of $80.

Litecoin Is Rallying As It Returns To Its Previous High Of $80

A widely followed analyst is predicting a surge for one large-cap altcoin as the crypto markets grace a new year. The pseudonymous analyst known in the industry as Rekt tells his 331,200 Twitter followers that peer-to-peer payments protocol Litecoin (LTC) closed 2022 on a high note.

Popular Crypto Strategist Says One Large-Cap Altcoin Well-Positioned for New Year Rally, Updates Outlook on Bitcoin

A popular crypto strategist says he's keeping an eye on three altcoins that are flashing signs of strength to start the year. Pseudonymous analyst DonAlt tells his 448,700 Twitter followers that his favorite altcoin at the moment is peer-to-peer payments network Litecoin (LTC).

Here Are Three Altcoins To Watch To Start the New Year, According to Top Analyst

A prominent crypto analytics platform says that whale transactions centered around Litecoin (LTC) and the native tokens of Binance are drastically on the rise.

Litecoin (LTC) and Binance Coin (BNB) Are Crypto Assets To Keep on the Radar As Whale Activity Spikes: Santiment

Fantom

A widely followed crypto analyst is breaking down Bitcoin (BTC), Litecoin (LTC), Fantom (FTM) and one little-known altcoin that combines artificial intelligence (AI) and blockchain technologies. Crypto trader Michaël van de Poppe tells his 643,500 Twitter followers that BTC is “trending down” after two harsh rejections. “Still trending down. – Harsh rejection at $16,800.

Crypto Analyst Warns Bitcoin (BTC) ‘Still Trending Down', Looks at Litecoin, Fantom, and One AI Altcoin

Cardano

A leading crypto analytics firm says deep-pocketed whales are quickly accumulating Cardano (ADA) and Litecoin (LTC). Santiment says Cardano is likely undervalued given how much whales and sharks are grabbing it up.

Cardano (ADA) and Litecoin (LTC) Whales Accumulating Aggressively, Says Crypto Analytics Firm Santiment

A popular analyst believes that one large-cap altcoin is gearing up to break away from the downtrending crypto markets. The pseudonymous analyst Rekt tells his 330,000 Twitter followers that peer-to-peer payments network Litecoin (LTC) may have already printed a bear market bottom.

One Large-Cap Altcoin Set To Break Away From Bearish Crypto Markets, According to Top Analyst

Polygon

Closely followed crypto analyst Michaël van de Poppe says Litecoin (LTC), Polygon (MATIC) and Fantom (FTM) are positioned for rallies. The popular analyst tells his 643,300 Twitter followers that Litecoin will likely continue to move to the upside after a possible dip.

Top Crypto Analyst Forecasts Rallies for Litecoin, Polygon and One Ethereum Rival – Here Are His Targets

Aave

Ethereum Classic

A popular crypto strategist says that Litecoin (LTC) could go on an epic surge before the peer-to-peer payments network's halving event next year. Pseudonymous analyst Rekt tells his 329,900 Twitter followers that Litecoin is showing signs of strength on the higher timeframe after rallying above its long-term accumulation level.

Crypto Analyst Predicts Epic Rally for Litecoin, Updates Outlook on Ethereum, Chainlink and Two Additional Altcoins

Litecoin (LTC) is trading in the bullish trend zone as the price breaks above the moving average lines.

Litecoin Reaches Overbought Condition And Struggles To Reach $72 High

Litecoin raced to a ten-day high to start the week, as markets returned from the Christmas holiday weekend. The token extended recent gains to start the week, and neared a key resistance point in the process. Xrp was also higher, as it also collided with a price ceiling.

News for Litecoin Crypto (LTC)