Altcoin Watch
Litecoin price is up today, as the growth in unique addresses throughout the month of May, continues into June.
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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 are struggling to hold on to their higher levels, indicating that the bears have not given up yet.
3716 - Price Analysis
The recovery in the U.S. stock market seems to have acted as a catalyst for the relief rally in Bitcoin and select altcoins.
4352 - Price Analysis
Bitcoin and altcoin prices continue to slump, but potential progress on the debt ceiling discussion could possibly produce a price reversal.
3856 - News
Move over Bitcoin, Ordinals on Litecoin and Dogecoin have unleashed a frenzy of transactions.
8908 - Price Analysis
Bitcoin price could be gearing up for a decisive move, which could set the stage for XRP, LTC, RNDR and CFX.
22680 - Price Analysis
The recovery in Bitcoin and most major altcoins halted near respective overhead resistance levels, indicating that the bears are active at higher levels.
5144 - Price Analysis
Bitcoin and most major altcoins are selling off on rallies, proof that investor sentiment remains negative in the short term.
4724 - Markets News
Bitcoin bulls and bears battle for control of a key area on the BTC chart, with network fundamentals due new all-time highs.
4361 - Price Analysis
Bitcoin and most major altcoins are slumping, but the charts suggest that a recovery could be around the corner.
5306 - Price Analysis
Bitcoin and select cryptocurrencies are trying to start a rebound following the CPI data release, but bulls may find it difficult to continue the recovery at higher levels.
6461 - News
The lion’s share of the fintech’s held cryptocurrency assets lies in BTC and ETH with $499 million and $362 million, respectively — up more than 56% since Q4 2022.
6091 - Price Analysis
Ether has broken out of its triangle, and that may pull the Bitcoin price above $30,000.
6990 - Price Analysis
Bitcoin and select altcoins are showing a continuation pattern, indicating indecision among the bulls and the bears.
4486 - Altcoin Watch
The Litecoin halving is just three months away, with the LTC price well-positioned for massive gains, argues the founder.
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