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Litecoin News

The Litecoin cryptocurrency is a fork of the Bitcoin codebase that was positioned as “a silver to Bitcoin’s gold.” It was created by former Google and Coinbase engineer Charlie Lee in 2011. 

While similar to Bitcoin in terms of tech and monetary policy, even featuring its own periodic halving of its supply schedule, Litecoin features some core changes such as block times that are four times longer and a supply cap that is four times as large compared with BTC.

One key technical difference Litecoin has with Bitcoin is its mining algorithm, Scrypt, which makes it easier for users to generate hashes with commonly available hardware and participate in the mining process.

In June 2017, Charle Lee left his position at Coinbase to commit to Litecoin full time and is currently head of the Litecoin Foundation, which stewards and finances Litecoin ecosystem development.

News
Payment provider Nuvei has launched support for nearly 40 crypto assets including lesser-known coins from previous market cycles, such as Reddcoin, Steem, Bitco...
Payments firm Nuvei launches support for 40 cryptos including Reddcoin and DOGE
Joshua Mapperson
2021-03-30T03:04:23+01:00
19182
News
XRP holders claim their interests aren't being represented in an ongoing SEC lawsuit against Ripple Labs. Now, they want to enter the fray as third-party defend...
Over 6,000 XRP holders volunteer as third-party defendants in SEC lawsuit
Greg Thomson
2021-03-15T10:35:50+00:00
34032
News
Bybit will stop serving customers from U.K.-based IP addresses starting March 31, following the FCA's ban on all cryptocurrency derivatives trading.
Cryptocurrency exchange Bybit shuts up shop in UK in compliance with FCA ban
Greg Thomson
2021-03-05T12:35:22+00:00
7966
Market Analysis
Investors looking to gain LTC exposure using traditional equities are willing to pay a premium of more than 1,800% to buy it via Grayscale Litecoin Trust.
Litecoin is trading at a 1,800% premium via Grayscale's LTC trust — But why?
Marcel Pechman
2021-03-02T18:30:14+00:00
27344
Market Analysis
Open interest on Litecoin futures hit a record $584 million, a signal that institutional investors like Bitwise and Grayscale Investments are interested in the ...
Record $584M Litecoin futures open interest signals institutional inflow
Marcel Pechman
2021-02-09T19:40:00+00:00
32758
News
Could block reward halvings scheduled for the coming year prove beneficial for the valuations of these four cryptocurrencies?
Four cryptocurrency block reward halvings to look out for in 2021
Greg Thomson
2021-01-13T13:56:01+00:00
50768
News
XRP’s fall from grace saw the asset briefly drop to the number five spot by market cap.
Litecoin briefly flips XRP as 4th largest crypto amid Ripple–SEC spat
Sam Bourgi
2021-01-04T20:00:00+00:00
24822
New Year Special
Bitcoin price remains in a strong uptrend and this presents a rosy outlook for BTC and many altcoins.
2021 price outlook: BTC, ETH, XRP, LTC, BCH, LINK, ADA, BNB, DOT, XLM
Rakesh Upadhyay
2020-12-26T16:00:00+00:00
86877

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