Bitcoin Investors Turn To Litecoin As High Fee Makes Chain Uneconomic
On-chain data shows a growth in Litecoin activity, suggesting that Bitcoin investors may be using LTC for taking advantage of...
Litecoin
Litecoin was born as a spinoff from Bitcoin in 2011. At the time it was touted to be a lighter, faster version of its big brother. Today LTC is often referred to as the digital silver to Bitcoin’s gold. The peer to peer open source internet currency was spawned by Google employee and former engineering director at Coinbase, Charlie Lee. Technically Litecoin has a lower block generation time and different proof of work hashing algorithm using scrypt instead of SHA-256. Blocks are generated every 2.5 minutes on the Litecoin network compared to ten minutes for Bitcoin blocks. During the crypto peak of January 2018, LTC hit a high of $375 with a market capitalization of $17 billion. Litecoin adoption is constantly increasing and there are a lot of news, updates and developments from the Litecoin Foundation. Bitcoinist covers the latest Litecoin news including roadmap updates, new partnerships, crypto exchange listings and of course all LTC technical analysis and price predictions.
Litecoin Dubbed A Commodity By CFTC Could Reignite Digital Silver Narrative
Litecoin was deemed a commodity today in a CFTC lawsuit filing against Binance. With the altcoin now potentially safe from...
Litecoin Whale Withdraws $11.4 Million In LTC From Binance, Sign Of More Buying?
Data shows a Litecoin whale has withdrawn $11.4 million in LTC from Binance, a sign that more accumulation may be...
Litecoin (LTC) Rises Over 12% In A Day While Major Coins Turn Red
Litecoin (LTC) resisted today’s downtrend with an over 12% price gain within 24 hours. With its performance, LTC emerged as...
Litecoin Adoption Accelerates, Outpaces Ethereum In Total Addresses
Data shows Litecoin has been observing accelerating adoptions recently, as its total addresses have now surpassed that of Ethereum. Litecoin...
Litecoin Hashrate At New All-Time High, Good Sign For Price?
Data shows the Litecoin mining hashrate has hit a new all-time high, can this signal be positive for the price...
Litecoin Bearish Signal: Whale Deposits $37.4M In LTC To Binance
Data shows a Litecoin whale has deposited more than $37.4 million in LTC to the crypto exchange Binance, a sign...
Litecoin “Mega Whales” Now Hold 15.4% Of Supply, Highest Since June 2017
On-chain data shows the Litecoin "mega whales" now hold around 15.4% of the total supply, the highest value in more...
