LITECOIN

 


A peer-to-peer cryptocurrency based on the Scrypt proof-of-work network. Sometimes referred to as the silver of bitcoin’s gold. Litecoin was an early bitcoin spinoff or altcoin, founded by Charlie Lee in October 2011. Litecoin was a fork of the Bitcoin Core client, differing primarily by having a decreased block generation time (2.5 minutes) and the increased maximum number of coins alongside different hashing algorithm (Scrypt, instead of SHA-256).

Colorado Becomes First US State to Accept Crypto as Tax Payments
Colorado has set the ball rolling as the first U.S. state to offer residents the option of paying taxes in cryptocurrencies.
Major Korean Exchanges Delisting Litecoin Subject to New Privacy Feature Concerns
Five major South Korean crypto exchanges issued investors’ advisories concerning Litecoin. These exchanges said they are committed to preventing money laundering and crime through technology.
Top 3 Tokens to Watch this Week: BTC, LTC & DOT
As the new week unravels with its own fundamentals, here are the top three coins to watch.
Victims of BitConnect Ponzi Scheme to Benefit from the Liquidation of $57M Crypto Assets
Victims of BitConnect fraud scheme have a reason to smile about after a court order granted the sale of cryptocurrencies accrued from the scam.
US Bank Debuts Crypto Custody Services for Fund Managers
America’s fifth-largest retail financial institution, US Bancorp, also known as US Bank, is set to provide cryptocurrency custody services.
Walmart Clarifies False report, Not Accepting any Litecoin for Payment
On Monday, retailer Walmart issued a clarification to debunk a false report concerning a partnership between Walmart and Litecoin (LTC). Walmart stated that it has no relationship with Litecoin.
How Will Litecoin Perform in 2021?
Litecoin has gained momentum since March 2020 but it is also trading significantly below its all-time high making the cryptocurrency a solid contrarian bet right now.
Bitcoin Struggles to Maintain Above $40,000 Level as Ethereum, Dogecoin, And Litecoin Follow Suit
Bitcoin plunged by 3% following Elon Musk’s tweet about the leading cryptocurrency. Other altcoins seem to have followed suit.
Litecoin Hits Three-Year High as Litecoin ETP Launch Nears
Litecoin has started a strong uptrend since the end of March. On April 11, LTC hit a high of $263.15 on April 11. It exceeded the resistance level of $262, the highest point on February 26, 2018.
Litecoin Expected to Move Towards Its Resistance of $214 as PayPal to Enable Crypto Payments
PayPal allowing Litecoin payments will undoubtedly stimulate the further surge of Litecoin. LTC is expected to move towards its resistance of $214.

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