Bybit will stop serving customers from U.K.-based IP addresses starting March 31, following the FCA's ban on all cryptocurrency derivatives trading.
The Litecoin cryptocurrency is a fork of the Bitcoin codebase that was positioned as “a silver to Bitcoin’s gold.” It was created by former Google and Coinbase engineer Charlie Lee in 2011.
While similar to Bitcoin in terms of tech and monetary policy, even featuring its own periodic halving of its supply schedule, Litecoin features some core changes such as block times that are four times longer and a supply cap that is four times as large compared with BTC.
One key technical difference Litecoin has with Bitcoin is its mining algorithm, Scrypt, which makes it easier for users to generate hashes with commonly available hardware and participate in the mining process.
In June 2017, Charle Lee left his position at Coinbase to commit to Litecoin full time and is currently head of the Litecoin Foundation, which stewards and finances Litecoin ecosystem development.
Investors looking to gain LTC exposure using traditional equities are willing to pay a premium of more than 1,800% to buy it via Grayscale Litecoin Trust.19212
Open interest on Litecoin futures hit a record $584 million, a signal that institutional investors like Bitwise and Grayscale Investments are interested in the altcoin.31733
Could block reward halvings scheduled for the coming year prove beneficial for the valuations of these four cryptocurrencies?37167
XRP’s fall from grace saw the asset briefly drop to the number five spot by market cap.24439
Bitcoin price remains in a strong uptrend and this presents a rosy outlook for BTC and many altcoins.85512
Bitcoin’s surge to $23,800 triggered strong rallies in large-cap altcoins like Litecoin and Dogecoin.24990
Bitcoin and most major altcoins could consolidate for a few days before starting the next big move.64780
Ether hits two-and-a-half-year highs and follows Bitcoin to reach significant psychological levels this week.25112
Bitcoin’s explosive gains are strongly reflected by the number of days it has closed above $16,320.22128
The embattled spin-off of Bitcoin shows little signs of life prior to its hard fork as Bitcoin vastly outstrips its performance.18500
Bitcoin is facing selling at the $14,000 mark and this has resulted in several cryptocurrencies dropping below their support levels.35422
News of PayPal’s support for crypto assets has triggered a rally in the markets, with Bitcoin trading above $13,000 for the first time since July.11071
The long-awaited “flippening” of fiat at PayPal will begin next year, as Bitcoin price action offers almost 5% daily gains.40272
Traders are accumulating Bitcoin on dips and a break above $11,600 could resume the uptrend to $12,000.22566