October 9th, 2024
Litecoin (LTC) News
Litecoin continues to play an essential role in the crypto market and remains one of the most trusted assets among several thousand options in active trading. Discover the latest Litecoin (LTC) news and stay informed about one of the most established cryptocurrencies available. Follow the most up-to-date developments in the Litecoin ecosystem to see why LTC remains popular.
Why Crypto Whales Love These 100x Altcoins, RUNE, LTC, PEPE, STX, APORK
By Hanna Zhukova
September 16th, 2024
Find out why crypto whales are investing in these high-potential 100x altcoins: THORChain (RUNE), Litecoin (LTC), Pepe (PEPE), Stacks (STX), and Angry Pepe Fork (APORK).
Litecoin Faces Mounting Pressure as Market Value Declines
By Leon Okwatch
August 27th, 2024
Despite the bearish market conditions, some institutional investors continue to show interest in Litecoin.
Genesis Unleashes Billions of ETH into Market, Will Litecoin and DOT Recover Like DTX Exchange (DTX)?
By Hanna Zhukova
August 6th, 2024
While Litecoin (LTC) and Polkadot (DOT) face an uphill battle, DTX is positioning itself to survive and thrive in the volatile crypto space.
Hashdex Files S-1 for Its Index-Based Crypto ETF
By Anisha Pandey
July 25th, 2024
Hashdex’s filing follows closely on the heels of the recent approval for spot Ethereum ETFs to start trading on July 23.
Trump To Announce His VP Elect: MAGA VP ($MVP) Ready to Surge Alongside Polkadot (DOT) and Litecoin (LTC)
By Svetlana Soroka
July 15th, 2024
The MAGA VP ($MVP) token, the first vice president token in the crypto world, is capturing attention with its unique value proposition.
Litecoin (LTC) Price on Cusp of Major Bullish Breakout Fueled by Heightened Whale Activity
By Steve Muchoki
July 12th, 2024
The Litecoin (LTC) network has more than 9.2 million on-chain holders, and its whale activities have outshined top layer-one blockchains.
Litecoin (LTC) Whales Boost Exchange Inflows amid Price Decline
By Leon Okwatch
July 10th, 2024
On-chain data indicates a sharp rise of over 464% in large holders’ netflow to exchanges within the past seven days.
Ethereum Records Worst Weekly Outflows since August 2022, ETF Excitement Fades?
By Bhushan Akolkar
July 1st, 2024
Over the last two weeks, the ETH product outflows have now crossed $119 million. This also makes Ethereum the worst-performing asset year-to-date in terms of net flows.
Litecoin (LTC) Price Signals Further Consolidation amid Increased On-chain Activity
By Steve Muchoki
June 11th, 2024
While some analysts have regarded to Litecoin (LTC) as a silent giant similar to Silver, Forbes researchers view the altcoin as a good-for-nothing blockchain.
Litecoin Active Addresses Surpass Ethereum amid Growing Network Embrace
By Godfrey Benjamin
June 7th, 2024
The increase in the number of active addresses and the transaction volume may have important consequences for Litecoin’s market performance. Analysts anticipate a positive trajectory for LTC price.
Litecoin LTC $65.40 24h volatility: 0.6% Market cap: $4.91 B Vol. 24h: $242.97 M is one of the oldest blockchains in the crypto sector. Sometimes referred to as silver to Bitcoin’s gold, Litecoin was created by computer scientist Charlie Lee in 2011 and was designed to offer faster transaction times and lower fees than Bitcoin BTC $62 084 24h volatility: 0.6% Market cap: $1.23 T Vol. 24h: $23.22 B . This makes the Litecoin blockchain attractive to users who need instantaneous transaction settlements for everyday payments and peer-to-peer transfers.
Litecoin news highlights the several partnerships and upgrades the network has implemented to improve scalability and security. For instance, it introduced the MimbleWimble upgrade in 2021 to enhance user privacy through confidential transactions. With its faster block generation rate and a throughput higher than Bitcoin has, the LTC blockchain is a preferred choice for merchants and users alike.
Looking ahead, Litecoin continues to maintain relevance due to steady development and adoption. Several value points, including the Scrypt algorithm, speed and scalability, as well as its strong community, make Litecoin a top choice. Also, with a periodic halving and a maximum supply of 84 million, Litecoin is designed with deflationary measures that protect the blockchain and the token’s value.
Although it is not the most popular, the Litecoin blockchain still records plenty of activity. At its height, Litecoin was the world’s third-largest crypto asset by market capitalization.
Find more details about the origin, advantages, disadvantages, use cases, and risks, in the Litecoin (LTC) guide.
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FAQ on Litecoin (LTC) News
What is the purpose of Litecoin?
Litecoin was created as a more scalable version of Bitcoin and was intended to be a simple payment method. The aim was to simplify fund transfers and make decentralized peer-to-peer payments more accessible for everyday transactions.
Is there a future for Litecoin?
Based on Litecoin’s history, experts suggest that the token’s value could potentially spike in the future. Its value proposition also supports the likelihood of success. However, anyone looking to invest in Litecoin must proceed with caution and only conclude investments after extensive research.
What are the disadvantages of Litecoin?
A major criticism of Litecoin is its simplicity. The relative ease and cost-effective transaction processing and mining method is an advantage to the average user. However, critics worry that simplicity is a cybersecurity concern because a malicious actor could potentially control mining power without spending much.
Is Litecoin better than Bitcoin?
Litecoin may be considered better or worse than Bitcoin, depending on the intended use. For instance, despite its low throughput, Bitcoin is the most popular cryptocurrency and one of the most trusted assets in the crypto space. On the other hand, Litecoin is a faster and cheaper alternative but has much lower liquidity.
