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. 

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

Bitcoin Cash

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

Litecoin Consolidates Crypto Crash, Follows Bitcoin In Attempt To Erase Losses

The price of Litecoin (LTC) has fallen sharply after failing to hold above the $232 peak. Today, the altcoin has fallen to its previous low of $208 and is trying to find support above it.

Litecoin Drops Sharply, Approaches the Low of $204

Chainlink

A prominent crypto strategist and trader is eyeing breakouts for three lagging altcoins while waiting for Chainlink (LINK) to catch fire. The analyst known in the industry as Inmortal tells his 63,200 Twitter followers that peer-to-peer payments network Litecoin (LTC) has broken out of consolidation and is poised to rally to his target at $260. […] The post Top Crypto Strategist Predicts Breakouts for Three Lagging Altcoins, Says Chainlink Presenting ‘High Probability' Setup appeared first on The Daily Hodl.

Top Crypto Strategist Predicts Breakouts for Three Lagging Altcoins, Says Chainlink Presenting ‘High Probability' Setup

Litecoin prices reached their highest since May 19 today. The digital currency's network has been benefiting from stronger activity lately. Where will litecoin prices go in the coming weeks and months?

Litecoin Prices Reach A 3-Month High As Fundamentals Continue To Improve

Litecoin and Dfinity shot up in value while the rest of the market played it cool.

Litecoin and Dfinity Surged more than 10% Overnight

Over the past 24 hours, Litecoin's (CRYPTO: LTC) price rose 14.83% to $212.56. This continues its positive trend over the past week where it has experienced a 22.0% gain, moving from $174.1 to its current price.

Litecoin Rises More Than 14% In 24 hours

Litecoin (CRYPTO: LTC) is trading higher Thursday in a crypto market that's a mixed bag of tickers trading up and down. Litecoin is one of the few that is trading higher.

Why Litecoin Looks Ready To Break Out In The Coming Days

Cardano

Bitcoin

Ethereum

For the first time ever, a U.S. national bank allows customers to purchase Bitcoin, Ethereum, Litecoin, Cardano, Algorand, Orchid, Filecoin and Bitcoin Cash right from their bank account. This story includes an interview with Brad Scrivner, the CEO of Vast Bank N.A., on his crypto bank move.

With Coinbase And SAP, Vast Bank Offers Bitcoin, Ethereum, Cardano, And Litecoin

Cryptocurrencies have been forming technical patterns such as pennants and flags, which indicate a high likelihood of important moves ahead once cryptos break out from them.

Why You Should Watch These Crypto Chart Patterns

Litecoin (LTC) price has risen to $172 after hitting a low of $165. In recent weeks, Litecoin has fluctuated between $163 and $190. The recent decline was a result of buyers' inability to sustain bullish momentum above the $190 high.

Litecoin is in a Fresh Uptrend, Pushes on Upside

Litecoin (CRYPTO: LTC) is trading up alongside the rest of the crypto market on Wednesday. Some other popular crypto tickers moving higher include Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Ethereum Classic (CRYPTO: ETC) and Dogecoin (CRYPTO: DOGE).

News for Litecoin Crypto (LTC)