TagLitecoin

Get the latest information on Litecoin developments with news from CCN Markets.

Bullish Move: Crypto Market Adds $5 Billion as Bitcoin Price Surpasses $3,700

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Over the last 24 hours, the crypto market has rebounded slightly by $5 billion, from $120 billion to $125 billion following a promising breakout of the Bitcoin price above $3,700. The unforeseen strong movement of Bitcoin could lead to the short-term recovery of other major crypto assets and low market cap cryptocurrencies in the upcoming days. Promising Move by Bitcoin Before Monday Typically...

Coingate Integrates Lightning Network on Litecoin to Boost Crypto Payments

litecoin

Cryptocurrency payments platform Coingate has begun its Lightning Network trial using Litecoin. According to marketing manager Veronika Mishura, the company does up to 10% of its monthly volume via Litecoin. They believe that integrating Litecoin Lightning Network, which has over 100 nodes now, will increase the incentive to use cryptocurrency due to the reduction in fees. Mishura told CCN: VPNs...

Decentralized Crypto Networks 'Must be Susceptible to 51% Attacks': Litecoin Creator Charlie Lee

charlie lee litecoin 51% attack

Ethereum Classic (ETC), the smaller spinoff of Ethereum, is still reeling from the 51% attack that was carried out on its blockchain, resulting in the theft of more than $1 million in ETC tokens and an almost 10% erosion of the cryptocurrency's value. Reactions to this attack have been pouring in from various quarters, including the temporary ban placed on various activities involving ETC by...

Litecoin Price Leaps 11% -- Here's What's Fueling the LTC Rally

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Litecoin on Saturday surged more than 11 percent against the US dollar, setting a fresh 2019 peak. The litecoin-to-dollar rate established an intraday high at $37.539 on a bounce from near-term ascending trendline support. The "digital silver" cryptocurrency since December 27 was consolidating inside a strict range much like its peers across the crypto-board. The renewed buying sentiment came...

'Extremely Bearish': Crypto VC Says Bitmain Layoffs Could Spell Doom for Bitcoin Cash and Litecoin

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Ongoing layoffs at cryptocurrency mega-firm Bitmain could start a fresh wave of selling in Bitcoin Cash and Litecoin markets, according to prominent crypto investor Kyle Samani. The cryptocurrency-focused venture capitalist said in a tweet that the Bitcoin mining giant is -- if rumors are true -- running out of money to continue its operations across mining and blockchain development. The...

More Services Using Privacy-Focused Zcash's Shielded Addresses

According to a recent post from Z-Cash’s official blog, more services are now offering the use of shielded or private addresses now as a result of the Sapling upgrade. The upgrade was touted as significantly improving the speed and efficiency of Z-Cash and enabling it to require less resources. The goal of the Zcash project is that all people inevitably prefer to use shielded or private...

Teenage Crypto Millionaire Erik Finman Says Bitcoin is Pretty Much Dead, Offers Hope for Bitcoin Cash

Erik Finman, a teenager who became filthy rich during the Bitcoin boom, has now issued a warning to Bitcoin maximalists, the term given to those who believe in the Bitcoin revolution, that the currency has a bleak long-term outlook. Finman has a habit of bashing digital assets. In 2017, he told Mic that he wasn't convinced about Ethereum, urging investors to go short on the digital asset. View...

First Look: HTC Demos Crypto Smartphone Exodus at Slush 2018

htc exodus 1 phil chen blockchain smartphone slush 2018

Ten years ago, consumer electronics manufacturer HTC made history when it released the HTC Dream, the first commercial device to utilize the Android operating system. A few months later, another monumental event took place, when Bitcoin creator Satoshi Nakamoto mined the BTC Genesis Block, birthing what Phil Chen -- HTC’s “chief decentralized officer” -- coined a “quiet revolution.” Now, a decade...

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