Bitcoin Cryptocurrency News Litecoin

Litecoin May Not Become Silver to Bitcoin’s Gold Afterall

Litecoin (LTC) has a limited potential, and will most probably fail to fulfill its promise of being silver to Bitcoin’s gold. Recent points made by entrepreneur and blogger Sylvain Saurel show that LTC has lost its momentum and is becoming irrelevant. Litecoin Rode on the Back of Bitcoin’s Rally Litecoin caught the price momentum at Read more…

Cryptocurrency News Litecoin

Following Litecoin’s Halving, The LTC Hash Rate Crashing 70% To Its Yearly Low

Litecoin, one of the most popular cryptocurrencies aside from Bitcoin, is noting a recent severe crash in its hash, almost reaching the 2017 levels. This decline comes just months following the 2019 Litecoin halving event. It raises the question among the community if Litecoin’s network can be jeopardized more easily if the hash rate continues Read more…

Cryptocurrency News Litecoin

Mimblewimble Attack is ‘Factually Inaccurate’, Grin Team Responds

The claim that hired computing power could “break” the Mimblewimble privacy tool for Litecoin (LTC) is inaccurate, according to a response from the Grin development team.  Weakness Did Not Reveal Final Senders or Receivers The Grin team admitted that the protocol held a known weakness, but directing hired computing power from AWS did not constitute Read more…

Altcoin Cryptocurrency News Litecoin

Litecoin’s 60% hashrate drop being balanced out by growing mining profitability

When it comes to halving in the cryptocurrency world, the ecosystem’s main concern revolves around the profitability of mining and its resultant effect on the token’s price. Litecoin’s creator was als

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Crypto Analysis Cryptocurrency News Litecoin

No silver lining for Litecoin on breaching descending triangle

Litecoin has been struggling throughout 2019, and its price has seen on a constant decline since the start of July. Litecoin community had great hopes for the halving which took place in August, but the event failed to have an impact on the altcoin’s price. Litecoin was trading at $53.85 at press time with a […]

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Crypto Analysis Cryptocurrency News Litecoin

Litecoin’s breach of ascending triangle may see the price shoot up

Litecoin suffered a loss of 16.21% in the month of September, resulting in the coin devaluing to $56.41 from $67.32. However, the coin has been reporting strong performance in the month of October, noting a growth of 3.53%, and placing its value at press time at $57.35. It would also seem that the price of […]

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Crypto Analysis Cryptocurrency News Litecoin

Litecoin Hic-Cups out of the handle; now holding on to a delicate wedge

Litecoin, on the price charts, is in a disastrous position. But, this wasn’t always the case. In fact, the digital silver was one of the most bullish coins in 2019. Giving Binance Coin, which marked its debut in the top-10 this year, a run for its money, Litecoin saw an over 300 percent price gain […]