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Litecoin

Litecoin was developed as an alternative peer-to-peer cryptocurrency that addressed some of Bitcoin’s inefficiencies at the time. Lee replicated Bitcoin’s code, but made several tweaks including one that would make the Litecoin network process a block 4 times faster than Bitcoin does.

Litecoin was created in 2011 by ex-Google engineer and MIT graduate Charlie Lee. 

Litecoin’s supply is capped at 84 million LTC. 

Litecoin was at the center of a hoax when it was falsely reported that the cryptocurrency reached an agreement with Walmart to be an accepted form of payment by the retailer. 

The price of Litecoin (LTC) has broken out above the moving average lines. The cryptocurrency rose to a high of $59.33 and then fell back.

Litecoin Rebound Is Insignificant To Resume Upside Momentum

Litecoin (LTC) price is in a downtrend and resumed selling pressure after rejecting the high at $55. On July 9, bulls attempted to break above the 21-day line SMA but were rejected. Buyers would have pushed Litecoin to the high of $66.

Litecoin Initiates a Fresh Decline as It Faces Resistance at $55

Litecoin (LTC) price is in a downward correction as it breaks below the moving average lines. The cryptocurrency has fallen to a low of $50 at the time of writing.

Litecoin Bulls Struggle Below $52 High, May Slide Below $49 Low

The price of Litecoin (LTC) is in a downward correction as the price breaks above the 21-day line SMA.

Litecoin Is in a Sideways Movement After Reaching the 60 Dollar High

The price of Litecoin (LTC) is in a downward correction as it has been stuck above $40 support. The cryptocurrency has been restricted below the 21-day line SMA. The altcoin's upward movement is stalled below the 21-day line SMA.

Litecoin Reaches Bullish Exhaustion, May Decline to $40 Low

Shares of several popular altcoins, including Litecoin (CRYPTO: LTC), are trading lower again Saturday afternoon in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto Ethereum (CRYPTO: ETH).  Crypto has traded lower this week in tandem with major U.S. indices, which are also experiencing marked weakness after.

So What's Up With Bitcoin Spinoff Litecoin Nosediving Today?

Litecoin (LTC) price is in a downtrend as the price broke below the current support at $60. The bears have also undercut the previous low at $54. The upward movement was limited by the 21-day line SMA.

Litecoin Falls Significantly but Takes a Breathe Above $44

The crypto exchange won't accept litecoin transactions using MimbleWimble Extension Blocks (MWEB). The post Binance warns against use of litecoin's Mimblewimble privacy feature appeared first on The Block.

Binance warns against use of litecoin's Mimblewimble privacy feature

Five South Korean cryptocurrency exchanges recently said they will delist litecoin because the crypto asset's Mimblewimble Extension Blocks (MWEB) upgrade violates the country's laws. As a result, the exchanges' users cannot use the Korean won to trade the crypto asset, which has since been named a “dark coin.” Upgrade Violates Specific Financial Information Act Following […]

Report: Five South Korean Crypto Exchanges Respond to Litecoin MWEB Upgrade by Delisting the Coin

Shares of several popular altcoins, including Litecoin (CRYPTO: LTC), are trading lower in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto Ethereum (CRYPTO: ETH).  Crypto is likely trading lower in tandem.

Why Litecoin Is Nosediving Today

Bitcoin

Ethereum

Bitcoin Cash

PayPal now allows select users to transfer Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC) directly between the platform and external crypto addresses. In a new statement, Jose Fernandez da Ponte, Paypal's senior vice president and general manager for blockchain, crypto & digital currencies, says the payments giant is beefing up support for […] The post Tech Giant PayPal Beefs Up Support for Bitcoin (BTC), Ethereum (ETH) and Two More Crypto Assets appeared first on The Daily Hodl.

Tech Giant PayPal Beefs Up Support for Bitcoin (BTC), Ethereum (ETH) and Two More Crypto Assets

Two major exchanges in South Korea said they will delist Litecoin due to new privacy features enabled by the protocol.

Crypto Exchanges Delist Litecoin Over Privacy Feature Concerns

South Korean crypto exchanges Upbit and Bithumb will delist Litecoin because of its newly activated privacy features. The post Major Korean exchanges delist Litecoin due to its new privacy features appeared first on The Block.

Major Korean exchanges delist Litecoin due to its new privacy features

Litecoin (LTC) price is consolidating above the $60 support as bulls are consistently defending the current support. However, the upward movement of the LTC price was limited below the 21-day line SMA.

Litecoin is in a Narrow Range but Holds Above $60 Support

Over the past 24 hours, the Litecoin (LTC) price has struggled to break above the 21-day line SMA. In other words, the Litecoin price rose to the high of $69, but was pushed back.

Litecoin Recovers but Remains Below $74 High

The price of Litecoin (LTC) has reached bearish exhaustion as it fell to the low of $54 on May 12. On May 12, the bulls bought the dips as the altcoin fell into an oversold area of the market.

Litecoin Continues Sideways Move as It Faces Resistance at $73

Two exchanges have issued investment warnings about litecoin after a privacy update that allows transfers to be made confidentially. The post Korean crypto exchanges issue warnings on litecoin over confidential transactions appeared first on The Block.

Korean crypto exchanges issue warnings on litecoin over confidential transactions

Dogecoin

A popular crypto analyst is naming the top five most decentralized cryptocurrencies. In a new video, Coin Bureau host Guy tells his 2.05 million subscribers that Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), Litecoin (LTC) and Monero (XMR) are the most decentralized cryptos. “There are five layers of decentralization in cryptocurrency: the developer layer, the coin […] The post Bitcoin, Ethereum, Dogecoin and Two Additional Altcoins Are the Most Decentralized Crypto Assets: Coin Bureau appeared first on The Daily Hodl.

Bitcoin, Ethereum, Dogecoin and Two Additional Altcoins Are the Most Decentralized Crypto Assets: Coin Bureau

Litecoin (LTC) price has continued its downward movement and has fallen to a low of $54. As usual, the bulls bought the dips to resume the upward correction.

Litecoin Consolidates Above $63 as It May Slide to $40 Low

Litecoin (LTC) price is in a downtrend and has reached the low of $73. The current decline has reached the oversold zone as the bulls have bought the dips.

Litecoin Reaches Bearish Exhaustion And Recovers Above $73 Low

Litecoin (LTC) price is in a downtrend and has fallen to a low of $94.

Litecoin Struggles Below $102 High as Altcoins Threaten Another Crash

A legendary crypto investor once lauded as "bitcoin Jesus" has returned to the public sphere...

‘World's Dominant' Coin—Legendary Bitcoin ‘Whale' Reveals His Surprise Top Three Crypto Picks As Price Volatility Hits Ethereum And Others

The price of Litecoin (LTC) is in a downward correction as the altcoin fluctuates between $102 and $115.

Litecoin Holds Above $102 As Buyers And Sellers Continue To Wrestle Over Price

Litecoin (LTC) price is in a downtrend, but selling pressure has eased as the market reached the low of $102.

Litecoin Holds Above $102 And Reaches Bearish Exhaustion

Popular crypto analyst Michaël van de Poppe is predicting rallies in XRP and Litecoin (LTC) and says one key metric will spark the next big bull phase of the digital asset markets. The analyst tells his 584,000 Twitter followers that XRP appears to be compressing in its Bitcoin pair (XRP/BTC), coiling up for a breakout. […] The post Top Analyst Says Big Run Coming for XRP and Litecoin, Predicts One Metric Will Trigger Next Crypto Bull Cycle appeared first on The Daily Hodl.

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