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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. 

The price of Litecoin (LTC) was in a brief uptrend last week as the altcoin rose to a high of $140. However, in the last 24 hours, the LTC price has retraced to support above $127. The retracement finished above $127 support as the crypto consolidated back above it.

Litecoin Consolidates above $127 as Bears and Bulls Reach Indecision

Blockchain analytics firm Santiment says Litecoin (LTC) is experiencing a strong wave of accumulation from whales, or wallets with at least 1,000 to 100,000 LTC. In a new report, Santiment says that Litecoin whales have increased their holdings by roughly 270,000 LTC, or about $30,000,000 since the beginning of July. The crypto insights firm also […] The post Litecoin Whales Quickly Add $30,000,000 in LTC Amid Decline in Value: Santiment appeared first on The Daily Hodl.

Litecoin Whales Quickly Add $30,000,000 in LTC Amid Decline in Value: Santiment

Chainlink

Uniswap

Top crypto analyst Nicholas Merten is mapping out bullish scenarios for UNI, the native cryptocurrency of the decentralized exchange Uniswap. In a new video, Merten tells his 463,000 YouTube subscribers that UNI/Bitcoin is currently bouncing from a key support level. “Uniswap has been generally holding, albeit for a few exceptions where the wicks break a […] The post Top Crypto Analyst Predicts New All-Time High for Uniswap, Examines State of Litecoin and Chainlink appeared first on The Daily Hodl.

Top Crypto Analyst Predicts New All-Time High for Uniswap, Examines State of Litecoin and Chainlink

On July 20, Litecoin (LTC) fell and approached the previous low at $105.78, which was reached when the LTC price fell to $105.78 on June 22. Nonetheless, the bulls bought the dips at this low as the cryptocurrency resumed the correction to the upside.

Litecoin Continues Its Bearish Run as Bears break 105.78 Support

Today, Litecoin (LTC) fell to $131 after being rejected at the high of $139. The crypto fell as the price broke below the moving averages. Selling pressure is likely to accelerate below the moving averages.

Litecoin Is in a Deadlock as Bears Threaten ​to Short

Ethereum

Algorand

Popular crypto analyst and trader Michaël van de Poppe is mapping out bullish scenarios for Ethereum, Litecoin and two additional altcoins as Bitcoin continues to trade in a narrow range. Van de Poppe tells his 351,900 followers in a new tweet that he's keeping a close watch on Ethereum against Bitcoin (ETH/BTC). According to the […] The post Crypto Analyst Michaël van de Poppe Outlines Bullish Path for Ethereum, Litecoin and Two Additional Altcoins appeared first on The Daily Hodl.

Crypto Analyst Michaël van de Poppe Outlines Bullish Path for Ethereum, Litecoin and Two Additional Altcoins

Litecoin (LTC) is making another push higher to retest the $150 resistance zone. The altcoin has reached the high of $141, but another upward move is doubtful as the crypto faces rejection at the recent high.

Litecoin Faces Rejection Twice at the $150 Resistance Zone, a Downward Move Is Likely

Bitcoin Cash

Popular trader Credible Crypto thinks one large-cap altcoin that some are counting out could see new all-time highs in the coming months. The pseudonymous analyst tells his 222,000 Twitter followers that Litecoin (LTC) could capitalize on the final “legendary” leg of the current bull run. “Seeing a lot of people saying LTC had its ‘bull […] The post Analyst Says Crypto Traders Are Sleeping on One Altcoin As ‘Final Leg' of Bull Run Approaches appeared first on The Daily Hodl.

Analyst Says Crypto Traders Are Sleeping on One Altcoin As ‘Final Leg' of Bull Run Approaches

Litecoin (LTC) is correcting upward after revisiting the previous low above $118.50. Buyers have pushed the altcoin to the high of $143.

Litecoin Makes Upward Correction, Can Bulls Sustain the Upturn?

Litecoin (LTC) has continued to fall as bears break through $145 support. For the past month, Litecoin has been fluctuating between the $145 and $200 levels.

Litecoin Price Loses $145 Support as Bears Continue to Break More Demand Zones

The U.S. General Services Administration (GSA) is auctioning off Bitcoin Cash (BCH) and Litecoin (LTC) seized from a taxpayer for non-payment of internal revenue taxes.  In a statement, GSA announces that the public is now able to bid on 11 stashes of cryptocurrencies, which include 8.93 BTC and 150.2 LTC with a combined market value […] The post US Government Auctions Off Litecoin and Bitcoin Cash Seized From Tax Evader appeared first on The Daily Hodl.

US Government Auctions Off Litecoin and Bitcoin Cash Seized From Tax Evader

Bitcoin

The U.S. government is selling bitcoin and litecoin worth $377K via the General Services Administration (GSA). The auction closes at 5 p.m. on Monday, with the possibility of an extended closing time. The government auction house is selling the digital assets in 11 lots and so far, the lots have seen active bidding. The GSA […]

The US Government Is Auctioning $377K Worth of Bitcoin and Litecoin

Dogecoin

Regional reports from an exposition in Chengdu indicate Bitmain has unveiled a new scrypt ASIC rig for dogecoin, litecoin, digibyte, and verge mining. The Chinese reporter who disclosed the information says the new Bitmain model has a hashrate of around 9,500 megahash per second (MH/s) and overseas prices are reduced by 13%. Bitmain Unveils New […]

Bitmain Reveals New Scrypt Miner — Model Mines DOGE and LTC Four-Times Faster Than Today's Top Machine

Bitmain released a new flagship Litecoin miner today… It's almost twenty times more powerful than its last.

Bitmain Releases Mining Machine For Dogecoin and Litecoin: Reports

Uncle Sam is now selling litecoins it obtained for tax nonpayment.

US Government to Auction Off Seized Litecoin Alongside Bitcoin

IRS reaffirms that crypto-to-crypto trades (BTC, ETH & LTC) are not eligible for the like-kind of exchange treatment.

Recent IRS Memorandum Reaffirms Bitcoin, Ether & Litecoin Exchanges Are Not Like-Kind

Landon Cassill will be the first NASCAR driver to receive his entire paycheck in cryptocurrency, including Bitcoin (CRYPTO: BTC) and Litecoin (CRYPTO: LTC), in a new sponsorship deal with cryptocurrency brokerage platform Voyager Digital Ltd.

In A First, NASCAR Driver To Be Paid Entirely In Bitcoin, Litecoin

The auction begins June 18 at 5 p.m. ET and closes June 22 at 5 p.m. ET., though additional bidding may extend the auction's close time.  The post GSA Auctions adds litecoin for the first time in newest crypto auction appeared first on The Block.

GSA Auctions adds litecoin for the first time in newest crypto auction

Litecoin's (LTC) is making positive moves as the price reaches the high of $177. The altcoin is rising to retest the previous high of $200. The crypto had earlier attained the high of $200 immediately it recovered from the previous downtrend.

Litecoin Reaches Overbought Region as Sellers Emerge

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week we posed the following question to over 2,000 Benzinga visitors on popular altcoins SafeMoon (CRYPTO: MOON) and Litecoin (CRYPTO: LTC).

Will SafeMoon Or Litecoin Grow More By 2022?

Litecoin (CRYPTO:LTC) is one of the frontrunners in the cryptocurrency market behind Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH).

Litecoin Is Looking To Find Support: A Technical Analysis

Litecoin founder Charlie Lee is detailing two key upgrades coming soon to the 13th largest cryptocurrency. In an interview with crypto analyst Scott Melker, Lee highlights why Litecoin's upcoming update, which will add more fungibility and privacy to the digital token, is crucial to sound money principles. “Fungibility is something that is missing, or, not […] The post Two Game Changers Coming to Litecoin, Says Creator Charlie Lee appeared first on The Daily Hodl.

Two Game Changers Coming to Litecoin, Says Creator Charlie Lee

Litecoin's (LTC) price has fallen to the low above $152 and it is hovering above the current support level. There is every indication of a further downward move below $152.

Litecoin Declines as Bears Resume Selling Pressure below $200

Litecoin (LTC) price is in a downward correction. Today, the crypto turns after reaching the high of $193. With this rejection, the market is likely to decline to $170 low.

Litecoin in Downward Correction, Fluctuates Between $160 and $200

The company says it's the first listed company to have a dogecoin mining arm.

News for Litecoin Crypto (LTC)