Market Analysis
On-chain and trading data signal that traders have abandoned Litecoin, but for some reason long-term investors are hoarding LTC.
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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.
- Price Analysis
Bitcoin is range-bound but altcoins are rallying, indicating increasing interest among traders looking to make sizable gains off altcoins.
9424 - News
Cardano's founder wants to posse up with Litecoin's founder.
11245 - Price Analysis
Bitcoin and altcoins pushed higher today and many are showing signs of a possible trend reversal.
16602 - Price Analysis
Bitcoin and many altcoins are struggling to rise above the 20-day EMA, suggesting bears have the advantage in the short-term.
16568 - Price Analysis
Bitcoin and a few altcoins have bounced off their recent lows, suggesting that the sentiment remains to buy the dips.
20550 - Price Analysis
Bitcoin's price dropped below the ascending triangle trendline, suggesting further bearish price action for BTC and altcoins.
19017 - Price Analysis
Bitcoin price continues to lose momentum, signaling the possible start of a deeper correction below $8,200.
18008 - Price Analysis
A few major cryptocurrencies are close to breaking below their critical support levels, indicating further downside in the next few days.
15904 - Price Analysis
Bitcoin is flashing some bullish signals as volatility is expected to pick up over the next few days.
14884 - Price Analysis
Most major cryptocurrencies are stuck in a range suggesting a balance between supply and demand.
12067 - Price Analysis
Bitcoin price is struggling to overtake $9.6K even as Federal Reserve policy appears to be driving new investors into BTC.
15624 - Interview
Creator of Litecoin, Charlie Lee, discussed the upcoming MimbleWimble upgrade which aims at enhancing Litecoin’s privacy and scalability.
12847 - Price Analysis
Recent surges in open interest on Bitcoin and Ethereum options contracts suggests institutional players are continuing to build positions in the top two cryptocurrencies.
14447 - News
Turkish real estate firm Antalya Homes announced that its customers can now pay for properties listed on its platform with Bitcoin.
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