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.
Yet again in the history of crypto, a crypto bubble is popping and Bitcoin’s weakness is rubbing off on alts (most of which are exaggerating Bitcoin’s losses over time). In these times it helps to zoom out to look at how crypto holders made gains over time despite events like this in the past.
One could argue that most crypto charts, in most trading pairs, are forming giant falling wedge patterns (a bullish reversal pattern). This wouldn’t be the first time this sort of pattern has occurred in crypto and resulted in the start of a new market cycle.
According to eToro Research Litecoin (LTC) is trading at a massive discount to what it should be worth considering its supply, transaction speeds and fees, longevity, and close relation to Bitcoin.
HTC Exodus, the world’s first native blockchain phone [according to HTC], will have native support for Litecoin (LTC) and Lightening Network on Litecoin. LTC creator Charlie Lee will also be an advisor for the phone. This can be confirmed via Twitter, see the official tweet below.
Bitcoin’s weekly chart, Ether’s daily, Litecoin’s daily, and many more are all setup for a range of golden crosses. Simply put, many short term averages are about to cross over long term averages on the higher time frames… which is a bullish setup.
The simplest way to buy Bitcoin is to use Coinbase. From there you have a few options for buying other cryptocurrencies.
There was a lot of skepticism over the Litecoin Cash fork (LCC). However, the fork ended up being real and the price of LCC has already hit $5.50 netting Litecoin (LTC) holders $55 per LTC held. Even as I write this the price is rising.
The Litecoin cash fork is slated to happen at block 1371111 (on February 18, 2018). There has been a lot of FUD and speculation, just like with any other fork.
Litecoin is being forked and Litecoin Cash (LCC) is being created. The Litecoin Cash fork will occur at block 1371111 on Sunday Feb. 2018.
We explain how to invest in cryptocurrency for beginners. The first thing you need to decide is if you want to invest directly in cryptocurrency or invest indirectly (for example through a stock).
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