Litecoin News

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.

Price Analysis
Bitcoin and most major altcoins could consolidate for a few days before starting the next big move.
Price analysis 11/25: BTC, ETH, XRP, BCH, LINK, LTC, ADA, DOT, BNB, XLM
Rakesh Upadhyay
Market Update
Ether hits two-and-a-half-year highs and follows Bitcoin to reach significant psychological levels this week.
Ether hits $500 for the first time since June 2018, outperforming Bitcoin YTD
William Suberg
Bitcoin’s explosive gains are strongly reflected by the number of days it has closed above $16,320.
The Bitcoin price has only been higher than now for 12 days in its history
Joshua Mapperson
Markets News
The embattled spin-off of Bitcoin shows little signs of life prior to its hard fork as Bitcoin vastly outstrips its performance.
Bitcoin Cash hits record lows vs. Bitcoin days before hard fork
William Suberg
Price Analysis
Bitcoin is facing selling at the $14,000 mark and this has resulted in several cryptocurrencies dropping below their support levels.
Price analysis 11/2: BTC, ETH, XRP, BCH, LINK, BNB, LTC, DOT, BSV, ADA
Rakesh Upadhyay
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.
Bitcoin blasts through $13K following PayPal’s entrance into crypto
Samuel Haig
Market Update
The long-awaited “flippening” of fiat at PayPal will begin next year, as Bitcoin price action offers almost 5% daily gains.
Bitcoin breaks above $12.3K after PayPal says Venmo will become a BTC wallet
William Suberg
Price Analysis
Traders are accumulating Bitcoin on dips and a break above $11,600 could resume the uptrend to $12,000.
Top 5 cryptocurrencies to watch this week: BTC, XLM, CRO, BNB, LTC
Rakesh Upadhyay

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