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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. 

Bitcoin Cash

Bitcoin

Ether

The world's largest movie exhibition company, AMC Entertainment, has announced its plan to accept cryptocurrencies by year-end. AMC CEO Adam Aron says the entertainment giant will accept bitcoin, ether, litecoin, and bitcoin cash. AMC Prepares to Accept Cryptocurrencies AMC, the largest movie exhibition company in the U.S., Europe, and the world, has unveiled its plan […]

AMC Confirms Plan to Accept Bitcoin, Ethereum, Litecoin, and Bitcoin Cash

Movie theatre chain AMC Entertainment Holdings Inc.

AMC Will Also Accept Ethereum, Litecoin And Bitcoin Cash Alongside Bitcoin: CEO

Following the fake news of its partnership with Litecoin, Walmart Inc. says it is looking into how the fraudulent press release was issued. The Litecoin Foundation and Charlie Lee are also investigating the matter. In addition, Globenewswire says it will also work with authorities “to request – and facilitate – a full investigation, including into […]

Walmart Investigates How Fake Press Release of Its Partnership With Litecoin Got Posted

Litecoin (LTC) price is trading at $179 at the time of writing. The price movement is stagnating due to the emergence of candlesticks with small bodies called doji and spinning tops. These candlesticks are responsible for the current sideways movement.

Litecoin Consolidates Between $172 and $186 as It Reaches Equilibrium

Globe Newswire, where the bogus story first appeared, has now launched a full investigation.

Litecoin 'Screwed Up' By Retweeting Fake Walmart News, Charlie Lee Says

Dogecoin

Monday's Litecoin (CRYPTO: LTC) spike thanks to a fake press release about its non-existent partnership with Walmart Inc (NYSE: WMT) is a wake-up call to not take “this stuff so seriously,” as per Dogecoin (CRYPTO: DOGE) co-creator Billy Markus.

Dogecoin Co-Creator, Others React To Litecoin-Walmart Fiasco: Why You Shouldn't Take 'This Stuff So Seriously'

Litecoin prices surged today, pushing higher after a press release stated that Walmart planned to accept the digital currency. The news turned out to be false. Fortunately, investors can learn from these developments.

What Can We Learn From Today's Artificial Surge In Litecoin Prices?

Litecoin (CRYPTO: LTC) saw a large spike of over 30% earlier Monday morning, but has since fallen in the wake of a fake report stating that Walmart Inc. (NYSE: WMT) had partnered with the cryptocurrency and would start accepting payments in Litecoin.

Litecoin Spikes 30%, Retreats: A Technical Look

Litecoin (LTC) swiftly spiked – and then dumped earlier today following a false rumor about a partnership with retail giant Walmart. At roughly 9:30 Eastern Standard Time (EST), multiple publications such as Reuters, CNBC, and Yahoo reported that Walmart had entered into partnership with Litecoin that involved accepting LTC as a form of payment. As […] The post Litecoin Explodes 30%, Then Loses Gains on Fake News About Walmart Partnership appeared first on The Daily Hodl.

Litecoin Explodes 30%, Then Loses Gains on Fake News About Walmart Partnership

A press release put out by one of the leading global newswires was believed to be true and was reported by major media outlets, sending a cryptocurrency soaring.

Walmart Confirms No Partnership With Litecoin: What Happened And Why They Had To Shut Down The Rumor

Investors had plenty of reason to believe the news was true: A verified litecoin Twitter account tweeted out a link to the announcement, which had appeared on the press release service GlobeNewswire. The press release looked legitimate enough, including (made-up) quotes from Walmart CEO Doug McMillon. Walmart had just posted a job for a cryptocurrency expert to work at its corporate headquarters. And several major news organizations picked up the news.

Posing as Walmart, scammers send crypto surging 25%

On Monday, September 13, a press release was published by globenewswire.com and said it was connected to “Walmart Inc,” the American multinational retail corporation. Several mainstream media outlets published stories about it including Reuters, Bloomberg, and CNBC. Not too long after these reports were published, the press release was verified as being “not authentic” by […]

Walmart and Litecoin Payment News Debunked by Walmart Spokesperson, LTC Prices Shudder from Fake News

Cryptocurrency Litecoin (CRYPTO: LTC) soared in price Monday on a press release that mentions acceptance of the coin at a major U.S. retailer, then cratered once a Walmart spokesperson said the press release in question was fake.

Why Litecoin Is Soaring Monday

A press release on Walmart Inc's partnership with cryptocurrency litecoin was not authentic, a company spokesperson confirmed to CNBC on Monday.

Press release on Walmart's litecoin partnership is fake - CNBC

Retail giant Walmart has not partnered with blockchain platform Litecoin, despite a press release that was put out. The post Walmart has not partnered with Litecoin, despite reports appeared first on The Block.

Walmart has not partnered with Litecoin, despite reports

Walmart, the biggest retailer in the U.S., will accept cryptocurrency for payments from shoppers, the company announced in a press release on Monday.

Walmart to accept payments with cryptocurrencies using litecoin

The news caused the price of litecoin to spike almost 30% on Monday morning.

Walmart to Offer Crypto Payments to Customers in New Partnership With Litecoin Foundation

Price of Litecoin Spikes on Dubious Walmart Press Release

The fake news release caused the price of litecoin to spike almost 30% on Monday morning before returning to previous levels.

Price of Litecoin Spikes on Fake Walmart Press Release

Walmart today announced that the company will begin accepting payments in Litecoin from October 1, 2021.

Walmart Launches Partnership With Litecoin

Litecoin briefly spiked on what turned out to be a fake press release announcing Walmart would accept Litecoin.

Litecoin Surges on Debunked Walmart News

Walmart Inc said on Monday it has partnered with litecoin to allow its customers to make payments with cryptocurrencies.

Walmart to accept litecoin payments

Ethereum Classic

On Friday, Grayscale Investments, the world's largest digital currency asset manager in terms of assets under management (AUM), revealed that three trusts have been filed with the Securities and Exchange Commission (SEC) in order to become SEC reporting companies. The three trusts include individual crypto asset products such as the bitcoin cash trust, the litecoin […]

Grayscale's BCH, LTC, ETC Trusts Now One Step Closer to Becoming ETFs

Grayscale Investments, the world's largest digital asset holder revealed exclusively to Forbes that three of its oldest single asset products, Grayscale Bitcoin Cash Trust (BCHG), Grayscale Ethereum Classic Trust (ETCG), and Grayscale Litecoin Trust (LTCN) are now SEC reporting companies.

Grayscale Paves The Way For Ethereum Classic, Bitcoin Cash And Litecoin ETFs While The Fate Of Bitcoin's First Lies In The Balance

On Thursday, Litecoin (CRYPTO: LTC) was trading over 2% higher in another attempt to erase some of the losses brought on when El Salvador formally adopted Bitcoin (CRYPTO: BTC) as legal tender and the cryptocurrency market went int

News for Litecoin Crypto (LTC)