Litecoin creator Charlie Lee recently posited the concept of LTC miner pool donations to help boost funding.
Litecoin News
Litecoin (LTC) is a cryptocurrency and an open-source project released in 2017, inspired by and very close technically to Bitcoin. The key idea of the project was to make a faster and cheaper to use alternative to Bitcoin
Although there are some similarities between BTC and LTC, you can’t define Litecoin without pointing out some key differences, such as instant and near-zero cost transactions, increased speed of adding a new block into the Blockchain (2.5 minutes against 10 in the Bitcoin network) and a scrypt usage in its Proof-of-Work process to make it easier for regular PC users to mine new blocks against ASIC miners. It is also one of the first cryptocurrencies that adopted SegWit.
Litecoin is hugely popular to this day, ranked sixth place on CoinMarketCap with a more than eight billion dollars market cap.
- News
- Price Analysis
The bulls have held the immediate support level on most major cryptocurrencies, which is a positive sign. This suggests that the sentiment is to buy the dips.
- Market Analysis
by Tiago Vidal
Data shows Litecoin is not “digital silver” but a slight correlation between LTC and silver can provide insight into the digital asset’s future returns.
- Price Analysis
Traders are taking a break after the most recent volatility which suggests that most major cryptocurrencies will remain range-bound for the next few days.
- Price Analysis
The correction in most major cryptocurrencies is shallow, which suggests that the up move is likely to continue within the next few days.
- Price Analysis
Most major cryptocurrencies have resumed their up move, which shows that the rally can extend for a few more days.
- Price Analysis
The recent Bitcoin and altcoin rally is leading traders to wonder whether consolidation or a minor correction is in store but the current market conditions sugg...
- Price Analysis
Though several cryptocurrencies are stuck in a range, the trend is gradually turning positive.
- Price Analysis
The up move in the top crypto performers of the past seven days shows that bulls are back in the game.
- Price Analysis
The bounce off the first support levels on most major cryptocurrencies indicates a possible change in trend.
- Sponsored
A trading platform is offering a long-term portfolio that consists of 14 major coins weighted by their market capitalization.
- Price Analysis
Profit booking seen at higher levels. However, if the major cryptocurrencies can bounce off their strong support levels, it will indicate strength.
- News
by Aaron Wood
BlockFi, a major cryptocurrency lending firm, has added two new assets to its offering, Litecoin and USD Coin.
- Markets News
An about-turn in mining difficulty for Litecoin could foretell a bull run for Bitcoin price as well, the statistician says, as markets continue pushing $8,000.
- Price Analysis
Several altcoins have made their first move from longtime lows and if Bitcoin is able to confirm a bottom, a marketwide rally is likely to pick up steam.
Editor’s Choice
- Bitcoin ‘Needs More’ PR from People Like Peter Schiff: Binance CEO
- Crypto and Blockchain Firms Pitch In to Help Coronavirus Victims
- Litecoin Creator Proposes Miners Voluntarily Donate 1% for Development
- Tax Agencies Step Up Efforts to Hone in on Crypto Tax Evasion
- Bitcoin Risk-Return a ‘Different Beast’ Compared to Amazon: Analyst