Tag Archives: Litecoin

The value of Litecoin is currently at a range last witnessed during the 1st week of May 2018. A price above $185 can be dated back to March 2018, so LTC was testing major resistance levels. The week on week performance since 14th December has been exceptional and its price recovery is leading to positiveContinue reading “Why Litecoin continues to perform despite bearish on-chain data”

Flare announced today that they will be integrating Litecoin ahead of the Flare Network launch in Q2. According to a tweet from the Flare Networks, this integration will allow LTC to be used trustlessly on Flare with Ethereum style smart contracts and gives LTC interoperability and composability. Flare also stated that in light of theseContinue reading “Flare Networks to bring smart contracts to Litecoin”

For Bitcoin, the days that followed Christmas 2020 have been extraordinary. Since 26 December, Bitcoin has shot up by 40.74% on the price charts. One can argue that the cryptocurrency brushing past the psychological resistance levels at $25k, $30k, and climbing as high as $34.8k is a testament to the strength in Bitcoin’s bull rally.Continue reading “Two reasons why it was wrong to write off Litecoin, Bitcoin Cash”

Calling Litecoin a surprise performer in the present bull run is odd. The asset has been a major altcoin for years but over the course of 2020, other assets had overshadowed LTC. During several rallies, LTC remained quiet, and the likes of Chainlink, Binance Coin, and even Polkadot overtook on several occasions. The recent bullishContinue reading “Litecoin revived its market in 5 weeks. Here’s how”

As Bitcoin’s price rallied above $24000 and hit a new ATH, it garnered most of the institutional and retail attention this week and over the past weekend as well. With all focus on Bitcoin, investment flow into altcoins dried up. With dropping demand, altcoin trader profits bled based on data on top 10 altcoins basedContinue reading “Litecoin, Chainlink, Cardano, Bitcoin Cash? Which alts are close to levels that indicate a bounce in price?”

January continued to be a great month for the digital assets industry as the likes of Ethereum and XRP continued to record positive metrics in the market. According to Coinmetrics’ recent report, over the past week, ETH and XRP transfers have both hiked by 10.5 percent and 20.7 percent, respectively. For Ethereum, the mining revenueContinue reading “XRP records 322% growth in active addresses over the week”

According to a recent post by Litecoin.com, the Litecoin Network has facilitated the transfer of over $100 billion in 2019 and was able to sustain its usage over the year, despite the wider crypto-market performing poorly in the second half of the year. While 2019’s figures are lower than the ones recorded in 2018, theContinue reading “Litecoin network facilitated transactions worth $100B in 2019”

Dragonfly Research’s Ivan Bogatyy recently published a blog post expanding on how he ‘broke’ MimbleWimble. The researcher elaborated on how he used merely $60 every week of AWS spend [Amazon cloud computing platform] to present the addresses of the senders, as well as the receivers, for about 96 percent of Grin real-time transactions. He wrote,Continue reading “Litecoin’s Charlie Lee, Grin developers respond to attack on MimbleWimble”

CoinMetrics recently released the 25th issue of its weekly State of the Network series, a report that analyzes network data to produce insights into the cryptocurrency space. The report stated that while XRP’s daily average transaction value surged past ETH last week, XRP and BCH’s transfer values dropped significantly this time around. The report alsoContinue reading “Litecoin’s hashrate, difficulty close to early-2018 lows”

Litecoin, the famously named “silver to Bitcoin’s gold,” underwent its halving on 8 August 2019, following which the mining reward dropped from 25 LTC to 12.5 LTC. The price surge of PoW coins around their halving is a common perception. The same was seen for Litecoin before its halving, with the coin surging by aContinue reading “Litecoin’s halving: More of a curse than a blessing for miners, hodlers”

Litecoin has seen an almost 22% rise in value since this time last year, which is admirable for a digital asset. However, LTC has been moving down for the past few months now, priced at $61.7 at the time of writing. LTC has a market cap of around $3.9 billion and a daily trading volumeContinue reading “Litecoin likely to continue down channel; under $50 by January”

Transactions on Coinbase are now subject to new confirmation requirements. Bitcoin, Litecoin among other top proof-of-work currencies will be subject to change in their network confirmations confirmed the San Francisco cryptocurrency exchange. According to a blogpost published on November 9, Bitcoin, Litecoin, Zcash and Ethereum Classic will see a change in the requirements to confirmContinue reading “Coinbase confirmation requirement changes for Bitcoin and Litecoin”