Bitcoin and select altcoins continue to consolidate near their recent highs, increasing the possibility of an upside breakout.
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.
LTC price could drop alongside riskier assets as macro analysts sound a bull trap alarm over this potential “head fake” recovery.5861
Bitcoin and the wider crypto market began to correct after the bullish momentum that drove last week’s rally to year-to-date highs started to fizzle out.7383
Bitcoin and altcoins appear to have shaken off the Genesis bankruptcy news by bouncing off their immediate support levels and rallying higher.9918
Positive U.S. economic data initially propped up crypto and stock markets, but it appears that bulls lack the might to keep the rally rolling.7389
Bitcoin has turned bullish, but is it a dead cat bounce? If BTC bulls keep pace, LTC, OKB, BIT and FTM could see strong rallies.28376
Bitcoin and select altcoins have risen above stiff overhead resistance levels, signaling that the bottoming process may have begun.12859
Bitcoin and altcoins are extending their rally and traders are hopeful that the gains will push higher after this week’s Consumer Price Index data is released.10131
DXY is cooling off and crypto and equities are starting to heat up. Cointelegraph explores how BTC and altcoins could react to the current bullish momentum in the market.8428
A rally in equities markets is providing support to BTC and altcoins, but bulls will likely struggle in keeping the momentum needed to turn overhead resistance levels to support.11027
Bitcoin and select altcoins are showing signs of starting a sustained recovery over the next few days.10460
The DXY has turned bearish and that could prove to be a boon for SPX, cryptocurrency and Bitcoin.12045
Bitcoin and select altcoins remain under pressure as bounces off support levels are being sold into.12325
Bitcoin and select altcoins have turned down from overhead resistance levels, indicating that bears remain in control.12535
Bitcoin and most major altcoins are trading close to their overhead resistance levels, increasing the likelihood of an upward push.12101