• 21 November, 2024

Tag: Litecoin (LTC) News

Litecoin (LTC) is one of the oldest and most established cryptocurrencies. Charlie Lee launched Litecoin in 2011 as a peer-to-peer digital currency and referred to it as “the silver to Bitcoin’s gold.” It was designed to complement Bitcoin by offering faster transaction times and a different hashing algorithm (Scrypt).

It uses a proof-of-work (PoW) consensus mechanism to validate transactions, ensuring immutability and trustlessness. Litecoin’s average block time on the blockchain is approximately 2.5 minutes, allowing for faster transactions when compared with Bitcoin’s 10 minutes.

Because of its early adoption and longevity in the crypto space, Litecoin is widely accepted across various merchants and platforms globally. To know the significant developmental activities in the Litecoin ecosystem and LTC’s price movements, read from CryptoTale.

News
Litecoin’s Impending 100% Rally: Altcoins Soar Amidst Bullish Crypto Market

Litecoin’s Impending 100% Rally: Altcoins Soar Amidst Bullish Crypto Market

In the fast-paced world of cryptocurrencies, Litecoin is stealing the spotlight as rumors of an imminent 100% rally spread like

Market News
Analyst Predicts Possibilities of Litecoin Surging by 490% in the Next Bull Run

Analyst Predicts Possibilities of Litecoin Surging by 490% in the Next Bull Run

Crypto YouTuber Ben Armstrong’s crypto writer AJ Writes Crypto has predicted in his recent video that the decentralized peer-to-peer crypto

News
Crypto Chartist Bullish on Litecoin As Third Halving Nears

Crypto Chartist Bullish on Litecoin As Third Halving Nears

The Litecoin (LTC) ecosystem has its third halving to take place on August 03, 2023. In the crypto space, halving

Market News
Litecoin’s Transactions Hit Record Highs Amid Bitcoin Network Congestion

Litecoin’s Transactions Hit Record Highs Amid Bitcoin Network Congestion

As the popularity of Bitcoin continues to soar, so does its network congestion, leading many users to explore cheaper alternatives

Market News
After Breakout Of Descending Channel Litecoin (LTC) Gains Paused; What’s Next?

After Breakout Of Descending Channel Litecoin (LTC) Gains Paused; What’s Next?

U.S. equity markets remain muted ahead of key central banks’ events. BTC gains 0.20%, while ETH rose 0.25% Litecoin (LTC)

Market News
Litecoin’s Huge Whale Transactions Jumps to High Levels in 2023 as price spikes by over 23%

Litecoin’s Huge Whale Transactions Jumps to High Levels in 2023 as price spikes by over 23%

The crypto markets have begun to experience a resurgence in 2023, with transactions from large whales continuing to drive movement

Market News
Why Are Bitcoin, Ethereum, and Litecoin All Experiencing Significant Price Pumps?

Why Are Bitcoin, Ethereum, and Litecoin All Experiencing Significant Price Pumps?

Although the unpredictability of these pumps can make it hard to estimate, whales have a big role to play in

News
Crypto Analysts Bullish on Litecoin, $100 in 2023?

Crypto Analysts Bullish on Litecoin, $100 in 2023?

Trading at $76 at press time, Litecoin soared over 7.70% in the last 24 hours, per CoinMarketCap (CMC). Opening 2023

News
Litecoin Price Up by 5%; Further Upside Expected

Litecoin Price Up by 5%; Further Upside Expected

Litecoin (LTC) is beginning to show signs of a strong uptrend following its successful retest of the top of the

News
PYMNTS, BitPay Talk Cryptocurrency Payments in the Marketplace

PYMNTS, BitPay Talk Cryptocurrency Payments in the Marketplace

PYMNTS and Stephen Pair, CEO, BitPay, recently talked about the future of blockchain-powered payments. They also discussed their advocacy for

Market News
Litecoin Price Faces a Minor Pullback as Addresses on its Network Rise to a Two Year High

Litecoin Price Faces a Minor Pullback as Addresses on its Network Rise to a Two Year High

Litecoin price analysis  shows Litecoin has retraced lower after briefly breaking above the key psychological $70 level. The pullback comes

News
Litecoin’s price surges above $70 as Market cap rises

Litecoin’s price surges above $70 as Market cap rises

The recent Litecoin price analysis reveals LTC has been bullish in recent weeks. The crypto asset broke above $70 and