GBTC, ETHE, ETCG, and GDLC Trade at Small Premiums LTCN and BCHG at Absurd
Just quickly want to point out that GBTC, ETHE, ETCG, and GDLC are now all reasonable trades while LTCN and BCHG have face-melting premiums.
Litecoin (LTC)
Litecoin is a form of digital currency which is created and transferred electronically using encryption.
Like Bitcoin, Litecoin’s transactions are recorded on a public ledger and new coins are created through a process known as “mining.”
The main difference between Bitcoin and Litecoin is that Litecoin is built for speed. This makes it a great choice for quick transactions like payments.
Litecoin was the second most popular cryptocurrency as of 2015 with one coin being worth about $1.50 USD… meanwhile, in late 2017 Litecoin traded between $60 and $95. Oh how times have changed!
Click on any of the sections below to start learning more about Litecoin.
PayPal
You can buy, sell and hold cryptocurrency on PayPal. Currently, PayPal supports Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
All Users in US Can Now Buy, Hold, and Sell Crypto on PayPal
All users in the US can now use PayPal to buy, hold, and sell Bitcoin, Litecoin, Bitcoin Cash, and Ethereum on PayPal.
Grayscale Digital Large Cap Fund (GDLCF)
The Grayscale Digital Large Cap Fund (GDLCF) is a trust you can buy shares of that contains BTC, ETH, XRP, BCH, and LTC. Watch out for premiums though!
LTC Halving is a 3 Days Away (This is Like a Test for BTC Halving)
The Litecoin (LTC) halving is 3 days away. In many ways this can be seen as a test of what might with BTC halving.
The LTC Havlvenings 2015 and 2019
The LTC halvening (the date on which the block reward for miners is cut in half) is less than two months away.
BTC Breaks Resistance and Runs Hard
BTC broke $4.2k resistance and then ran hard up to $5k as shorts closed, stop buys hit, and people jumped in. Alts lagged behind, but all things considered, the market had a nice rally.
LTC Breakout and the Amazing Powers of Charlie Lee
After almost hitting Charlie Lee’s price target, LTC has gone on to breakout of some key resistance here in 2019.
LTC/BTC Breakout Looks Good
As you can see in the chart above, the LTC breakout looks solid in terms of price action against BTC.
LTC + BEAM ?
According to a beam blog post, the Litecoin Foundation approached Beam about possible cooperation to implement Mimblewimble via Extension Blocks on Litecoin.