A week after Litecoin activated the long-anticipated MimbleWimble Extension Blocks (MWEB) upgrade, blockchain analytics firm, Elliptic announced adding support for the privacy feature of the cryptocurrency. Elliptic-Litecoin MWEB As per the official announcement, the move will allow regulated businesses to continue to support Litecoin transactions while remaining compliant with anti-money laundering (AML) regulations and sanctions....Read More
Two leading South Korean cryptocurrency exchanges, UpBit and Bithumb, have issued a warning for Litecoin after the activation of MimbleWimble Extension Blocks (MWEB). Growing Concerns UpBit revealed terminating “transaction support for digital assets with technology that makes transmission records indistinguishable from the past” while pointing to Korea’s Act on the Reporting and Use of Specific...Read More
Litecoin has finally announced the activation of Mimblewimble Extension Blocks (MWEB) more than two years after it was first introduced. On May 2nd, Litecoin achieved the 75% network consensus threshold required for activation after months of dialogue with different miners of the network. Following this, MWEB officially locked in for activation at block height 2257920....Read More
Litecoin has launched the new privacy-focused MimbleWimble upgrade. The changes have proliferated across the network for use by LTC wallets and nodes. Will it bring new enthusiasm to the flagging PoW coin? Released earlier this month after a majority of nodes approved the MimbleWimble (MWEB) update, the upgraded implementation will be able to transact with...Read More
Litecoin Foundation, a community-run organization, committed to the development and adoption of Litecoin, announced a partnership with the digital currency mining platform AntPool to form LTC Labs. The newly established research laboratory will be dedicated to developing anonymous transactions, decentralized applications, Litecoin-based wallets, and other projects within the Litecoin ecosystem. Also, AntPool promised to donate...Read More
The Cardano network is now in the second position to Bitcoin, thereby outpacing both Litecoin as well as its rival smart contract platform Ethereum in terms of 24-hour transaction volume. Cardano’s On-chain Activity According to the data curated by Messari, over the past day, the Cardano blockchain registered a transaction volume of a whopping $17.04...Read More
Most of the altcoins are still within the impact of the previous day plunge. The top 10 crypto assets are dropping with significant numbers. Solana, Litecoin and Binance Coin prices scrambled to the lower levels manifesting a bearish trend. Despite the global market capitalization having incurred a loss of 1.42%, yet the current dip may...Read More
The American multinational retail corporation – Walmart – will reportedly allow its customers to purchase bitcoin using ATMs installed in some of its US shops. The initiative became possible following a collaboration between the retail giant Coinstar and Coinme. The First Step Last month Walmart’s name got involved in a story, according to which the...Read More
Following confirmation that AMC would begin accepting Bitcoin, Ethereum, Bitcoin Cash, and Litecoin for online payment, the company’s CEO has asked the Dogecoin community if AMC should add the meme coin among the cryptocurrency options. Almost 80% Want to Pay for a Movie Ticket With DOGE Adam Aron, CEO of the world’s largest movie theater...Read More
In an announcement on Sept. 15, AMC Chief Executive Adam Aron said the firm would be expanding the number of cryptocurrencies it would accept as payment methods. The entertainment giant originally announced that it would accept Bitcoin payments on Aug. 9. Aron stated that by the time BTC payments are rolled out before the end...Read More
Today, the price of bitcoin has remained below $40,000. LTC’s recent ascent has stalled after Bitcoin’s struggle to hold over $40,000. Altcoins, such as Litecoin, are vulnerable to profit-taking if BTC continues to plummet this morning. The market appears to be displaying a very strong bullish trend as the Litecoin price appears to jump above...Read More
Popular NASCAR driver Landon Cassill will soon become the first auto racing driver to receive his salary in cryptocurrency via a new partnership with crypto brokerage firm Voyager Digital Ltd. First Auto Racer To Receive Crypto Salary In an official announcement today, the National Association for Stock Car Auto Racing, LLC (NASCAR), an American auto...Read More
Amidst the exciting events happening in the cryptosphere, with social media darlings like DOGE and XRP taking centre stage with skyrocketing gains, but in the same way, filled with scary retracements, one particular old school crypto has been making great gains despite not being on the radar of many crypto influencers. That coin is Litecoin...Read More
An anonymous buyer purchased a signed football card of Tom Brady for about $1.68M worth of LTC at an auction presented by Goldin Auctions. The company revealed that this is the most expensive item to be paid in cryptocurrency since it started accepting such payments. LTC in Exchange for a Football Card Cryptocurrencies have intertwined...Read More
After releasing physically-backed exchange-traded products tracking the performance of Bitcoin (BTC) and Ethereum (ETH) earlier this year, CoinShares has expanded its portfolio with the addition of a Litecoin ETP. Litecoin ETP Arrives from CoinShares According to an announcement from April 6th, CoinShares has released another exchange-traded product tracking the performance of a cryptocurrency asset called...Read More
Just before its direct listing, Coinbase has agreed to a 6,5 million-dollar fine after the CFTC found that the exchange engaged in illegal wash trading practices. The CFTC found that Coinbase could be engaged in trading practices that provided misleading information to services like Coinmarketcap and the CME Bitcoin Real Time Index. This happened via...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, March 5th, Litecoin is correcting not far from $172.51. As we can see in the daily chart, LTC/USD is still correcting within the ascending tendency. the current situation is as follows: after completing the correction, the asset may trade near 38,2% fibo. In the nearest future, the...Read More
The largest cryptocurrency asset management firm Grayscale Investments made a huge purchase of 174000 ‘digital silver’ Litecoin in February. That would make $30 Million for the current market price. This effectively means the company bought a whopping 80% of all the Litecoins that were mined in the last month. Earlier today Litecoin’s official Twitter handle...Read More
Litecoin was quite bullish on the charts. The $190 region offered some resistance, but longer-term momentum is on the side of the bulls and demand is likely to drive the prices higher. Litecoin 12-hour chart Source: LTC/USD on TradingView Litecoin swept past the range highs but faced some selling pressure in the $192 region. Undeterred,...Read More
Over the past decade, many organizations have attached themselves to the functionality and value of Bitcoin, but perhaps none can eclipse the presence and impact of Grayscale investments. While Grayscale went on a Bitcoin accumulation spree towards the 2nd half of 2020, its involvement in the development of other crypto-financial products went slightly under the...Read More
The value of Litecoin is currently at a range last witnessed during the 1st week of May 2018. A price above $185 can be dated back to March 2018, so LTC was testing major resistance levels. The week on week performance since 14th December has been exceptional and its price recovery is leading to positive...Read More
Flare announced today that they will be integrating Litecoin ahead of the Flare Network launch in Q2. According to a tweet from the Flare Networks, this integration will allow LTC to be used trustlessly on Flare with Ethereum style smart contracts and gives LTC interoperability and composability. Flare also stated that in light of these...Read More
For Bitcoin, the days that followed Christmas 2020 have been extraordinary. Since 26 December, Bitcoin has shot up by 40.74% on the price charts. One can argue that the cryptocurrency brushing past the psychological resistance levels at $25k, $30k, and climbing as high as $34.8k is a testament to the strength in Bitcoin’s bull rally....Read More
Calling Litecoin a surprise performer in the present bull run is odd. The asset has been a major altcoin for years but over the course of 2020, other assets had overshadowed LTC. During several rallies, LTC remained quiet, and the likes of Chainlink, Binance Coin, and even Polkadot overtook on several occasions. The recent bullish...Read More
As Bitcoin’s price rallied above $24000 and hit a new ATH, it garnered most of the institutional and retail attention this week and over the past weekend as well. With all focus on Bitcoin, investment flow into altcoins dried up. With dropping demand, altcoin trader profits bled based on data on top 10 altcoins based...Read More
This was the week the entire cryptocurrency community has been waiting for. Bitcoin finally broke $20,000, setting a fresh new all-time high. But it was far from being done yet. After breaching the coveted $20,000 mark, BTC went on a rampage, taking down one target after another. Before the run was finally calmed down, the...Read More
Bitcoin’s price crossed the critical $18000 level recently and the weekly gain now stands at 11.44%. However, Bitcoin’s dominance is still at 66%. Since the price crossed $17000 without further resistance, the top 10 altcoins based on market capitalization have rallied. The weekly returns show gains in 9/10. Litecoin is leading the rally with 30%...Read More
When the Crypto Twitter community reacts, it does so in a big way. And when the guys from the Bitcoin neighborhood unite, there’s nothing to stop them, especially when it comes to criticizing traditional financial institutions —whether they’re crypto-friendly or not. If this seems hard to believe, ask PayPal, who had to deal with significant...Read More
A case of better late than never, the altcoin market is finally rallying behind Bitcoin, and Litecoin is following suit. With Bitcoin consolidating above $15,000 for the first time in 2020, LTC was trying to find its feet in the market. While uncertainty might plague its immediate trend, in the long-term Litecoin might re-test its...Read More
The Bitcoin market has been leading the altcoins trend for the longest time, but currently, some alts have been at a deciding junction. Litecoin [LTC] was one such alts at an indecisive position. The current price of LTC was at $52.67 and it can be an interesting point for both short-position and long-position. Litecoin 1-hour...Read More
