Tag: litecoin (ltc)

Litecoin whales holding 1k to 100k LTC have increased their holdings by 270k in the month of July Unique addresses on the Litecoin network have also grown by 47.5% in the last 10 days Litecoin's on-chain metrics are bullish. However, LTC's fate is tied to Bitcoin's Litecoin has pushed above a descending triangle that had formed since mid-May The 50-day moving average is...

Grayscale's Litecoin Trust (LTCN) is trading at a 463.95% premium Each LTCN is trading at $59.83 in pre-market trading Each LTCN represents 0.09187613 LTC which is an actual value of roughly $10.42 using a Litecoin rate of $113.40 Grayscale's Litecoin Trust now holds LTC worth $168.45 Million Litecoin has bounced off the $100 support but remains in bear territory According to Bybt.com, Grayscale's...

Nascar Driver Landon Cassill will receive his entire payment in Litecoin (LTC) Mr. Cassill will be the first Nascar Driver to be paid entirely in cryptocurrency The payment in Litcoin is part of a 19-race sponsorship deal with Voyager At one point, Charlie Lee helped Landon Cassill understand Litecoin when he was mining LTC in his basement Nascar driver, Landon Cassill, will start...

Litecoin's MimbleWimble protocol is on track for activation around the end of the year The Litecoin MimbleWimble code is currently being reviewed and audited by developers The team at Litecoin has requested any interested developers to join the MimbleWimble Telegram channel to help with the process Like Bitcoin, Litecoin is struggling to recapture the 200-day moving average as support The activation of the...

Litecoin is now a payment option on the Protonmail shop and Venmo Bitcoin, Ethereum and Bitcoin Cash is also supported by the two platforms The Protonmail Shop has additional support for DAI Litecoin has bounced back above the 200-day moving average You can now use Litecoin (LTC) as a payment option on the Protonmail Shop and Venmo. In the case of the Protonmail...

Komodo (KMD) platform will start using Litecoin for cross-chain notarizations The move is aimed at providing a cost-effective mechanism for 51% protection Komodo has been using Bitcoin but a need to reduce costs and scale has led to the switch to Litecoin The switch will happen in June of this year during Komodo's Notary Node Season 5 The team at Komodo (KMD) has...

LTC price falls 30% this week Support at $250 has held LTC thus far LTC price must break & hold $276 for try at 2021 high LTC price had a rough week falling nearly 30% from its...

LTC Price reaches 3 year high, Litecoin Price has biggest daily gain in 30 days $256 resistance break will set price free for movement up...

In brief: Veteran trader, Peter Brandt, has identified an inverted head and shoulders pattern on the 6hr LTC chart If the pattern plays out, Litecoin could retest the February high at around $240 Litecoin's MimbleWimble code will be ready by 15th of March thus providing an event for bullish momentum Bitcoin regaining $58k could provide Litecoin with the right environment to push higher...

In brief: MimbleWimble core developer David Burkett has stated that code for the potential upgrade will be ready by March 15th On this date, the code will be ready for final review and formal auditing Miners will then agree on whether to implement the upgrade or not MimbleWimble has been running on the testnet for 3 months The code to Litecoin's potential MimbleWimble...

Summary: Charlie Lee has compared the current NFT boom to ICOs in 2017 and altcoins in 2013 He cites that NFTs are easy to create, simple and are bringing in new people into crypto Charlie Lee went on to point out that an NFT is a digital certificate to a collectible Billionaire investor, Mark Cuban, is particularly interested in the NFT market Global...

Quick take: Grayscale Investments has quietly scooped up 178,691 Litecoin in the last 30 days This translates to roughly $28.9 million in Litecoin Gene Simmons has openly declared that he is 'a happy Litecoin investor' The 50 day MA provides LTC with support at current levels of $160 The monthly close tonight could send the value lower to the $150 - $145 price...

In brief: Litecoin's founder, Charlie Lee, sold his LTC in late 2017 to concentrate on the project's development Charlie Lee received a lot of criticism for his decision to sell his Litecoin bag According to David Schwartz, Mr. Lee sold his Litecoin at an average price of $205 Litecoin is currently trading at $220 therefore it might be time LTC investors forgave Charlie...

Litecoin recently embraced support at $110 following the colossal breakdown from highs above $190. On-chain metrics show that Litecoin is stuck between two key levels that are constantly being tested....

Quick take: Flare Networks will be integrating Litecoin ahead of their Q2 launch Litecoin users will be able to use Ethereum style smart contracts Litecoin holders qualify for a 5 Billion Spark Token (FLR) airdrop Details of the airdrop will be provided later with the tokens being sourced from the Flare Team's allocation The Litecoin (LTC) network will soon have smart contracts thanks...

Summary: Mike Novogratz does 'not see Litecoin having any properties that will accelerate adoption' He recommends longing Bitcoin, Ethereum and some 'cool DeFi projects' His comments were in reference to a tweet that projected Litecoin thriving with XRP and privacy coins out of the picture Litecoin has since broken the $150 price ceiling and could attempt $200 in the weeks to follow In...

Summary: Code to Litecoin's MimbleWimble will be ready by Q1 of 2021 Activation will soon follow depending on the Litecoin community and miners Litecoin has soared by over 211% in Q4 of 2020 Litecoin could continue to gain in the markets as investors look for digital assets that do not resemble securities The final code for Litecoin's MimbleWimble protocol will be ready by...

Quick take: The Litecoin Foundation has an announced a partnership with Hub The partnership will be for the delivery of virtual and hybrid events to the crypto industry and Litecoin's over 1,000,000 global member community Such events are particularly important during COVID times that require social distancing Litecoin's global community will get rewarded for meaningful and trustworthy interactions The Litecoin Foundation has announced...

Litecoin rebounded from crucial support between $68 and $70 but has stalled under $75. LTC/USD is likely to settle for consolidation between $68 and $75 ahead of a potential breakout. Litecoin price hit a barrier marginally under $80 following a 23% spike in just two days. The sixth-largest cryptocurrency retreated to establish and confirm support The post Litecoin bulls regaining control after crucial...