Litecoin (LTC) Trading Volumes Swelling, Will $100 Stop Buyers?

Litecoin (LTC) recovery, adds 13.3 percent in 24 hours Ron Paul is a supporter of cryptocurrencies Despite FUD around cryptocurrencies, Litecoin bulls are active. Rejecting lower prices, LTC could float higher to $100 or better in coming days. Currently, bears will likely press lower since prices are down 17.4 percent week-to-date. Litecoin Price Analysis Fundamentals Undoubtedly, for what they seek to achieve, cryptocurrencies are the building blocks of a borderless future. As Bitcoin’s founder Satoshi Nakamoto laid down the seed that is now blossoming, attracting comments from Donald Trump and…

Miami Dolphins to Endorse Litecoin as Team’s Official Cryptocurrency

American professional football team the Miami Dolphins announced that Litecoin (LTC) is now the team’s official cryptocurrency, according to a press release on July 11. The Miami Dolphins and Litecoin have also partnered with Aliant Payments, a crypto merchant services and payment processing firm, to enable crypto payments for the team’s upcoming 50/50 raffle, which reportedly donates half of its revenue to charity. Cryptocurrency users will reportedly be able to buy raffle tickets with LTC and Bitcoin (BTC), and can do so online or via in-stadium kiosks at Hard Rock…

Litecoin Co-Founder Predicts Doom In August, LTC Down 14.5%

Litecoin (LTC) down 14.5 percent Halving will see prices drop and miners crashed Charlie Lee is predicting doom. Because of August halving and a high possibility of low prices, many miners will shut down due to losses. In the meantime, LTC is down 14.5 percent. Litecoin Price Analysis Fundamentals Like any other network where consensus is via a proof-of-work algorithm, Litecoin is secure because of miners. Miners, according to many textbook definitions, have the sole purpose of confirming transactions and fortifying the network by committing their computational power. Since gear…

Litecoin Co-Founder Expects A Difficulty Readjustment, LTC Down 14.5%

Litecoin (LTC) is down around 15% in the past two days. But, LTC is effectively flat in the past 24 hours.  The block reward reduction event, dubbed a “halving”, is rapidly approaching.  After a brutal crash earlier this week, Litecoin has stabilized, finding itself just over $100 at $103 despite an anti-crypto and -Bitcoin tweet from Donald Trump. Its price action has mostly been a byproduct of Bitcoin’s movements, which have been rather bearish after Tuesday’s blow-off top. Litecoin Price Analysis Fundamentals Litecoin is about to experience its next halving…

Crypto Market Cap & Bitcoin Down 10%: BCH, Litecoin, ADA, TRX Analysis

The total crypto market cap failed to continue above $350.0B and declined sharply. Bitcoin price failed to accelerate above $13,000 and declined nearly 10%. Litecoin (LTC) price is down more than 11% and it broke the $110 support area. BCH price declined heavily and broke the $400 and $390 support levels. Tron (TRX) price broke the $0.0320 support and traded close to the $0.0315 support. Cardano (ADA) price is down around 8% and it could soon test $0.0700. The crypto market cap is down more than $30.0B, with strong bearish…

Next Month’s Halving Will Be a ‘Shock’ to Litecoin Mining

Litecoin (LTC) creator Charlie Lee has predicted that miners may shut up shop after the coin’s upcoming halving this summer.  In an interview with Australian crypto news site Mickey on July 10, Lee reflected on the possible implications for litecoin’s mining ecosystem when the planned halving kicks in and current block rewards on the network are reduced by 50%. “It’s always kind of a shock to the system,” he said, explaining:  “When the mining rewards get cut in half, some miners will not be profitable and they will shut off…

Litecoin (LTC) May Break Or Soar In A Month’s Time

Litecoin (LTC) bullish above $100 Next month’s halving is decisive for LTC Perhaps the highlight of Q3 2019 will be the Litecoin halving. In a more involving and mature market, the reaction after the event could either disappoint or elate traders. An exponential rise will spur FOMO. However, if LTC dip or range hinting of a “priced-in” situation, traders would be deflated. For now, LTC is stable above $100. Litecoin Price Analysis Fundamentals The clock is ticking, and it’s less than a month to Litecoin halving. Hard-coded in Litecoin’s source…

39,000 More Merchants Can Accept Litecoin With Flexa Integration

New York-based blockchain payment startup Flexa has added litecoin (LTC) as the fifth crypto accepted by merchants on its payment network, the company officially announced on July 3. Following the listing, litecoin is now accepted as payment at more than 39,250 locations, as Flexa tweeted yesterday. Litecoin, the fourth biggest crypto by market cap, has become the first cryptocurrency to be added to the list of supported coins within Flexa network since its launch on May 13, the firm stated. Through the first application built on Flexa network, Spedn, the…

Litecoin ‘Excellent’ in Adoption and Investment Returns

American provider of investment data Weiss Ratings has ranked Litecoin (LTC) as “excellent” in regards to investment rewards and adoption Digital currency ratings unit Weiss Crypto Ratings has classified the fourth largest cryptocurrency in terms of market capitalization LTC as “excellent” when it comes to investment rewards and adoption. At the same time, the agency ranked the altcoin’s investment risk factor as “fair,” which resulted in the B- rate in the risk to reward ratio. Litecoin — a cryptocurrency and an open-source project released in 2011 with the idea to…

Litecoin (LTC) Spending Avenues Increase, Bulls Gifted With Another Entry

Litecoin (LTC) is down 4.4 percent in 24 hours Bibox, Ternio and the Litecoin Foundation to collaborate Six weeks to halving, LTC is up one spot to fourth as market cap exceeds $8 billion. At the time of writing, LTC is down 4.4 percent. Regardless, the announcement of a new debit card with Ternio and Bibox could support bulls. Litecoin Price Analysis Fundamentals At $8.4 billion, LTC’s market cap is around its all-time highs. As the first half of the year concludes, Litecoin is clearly one of the top performers.…