Blockchain 

Litecoin (LTC) Slumps Over 60% from This Year’s High

The rally in the cryptocurrency space over the course of the first six months of the year was nothing short of staggering and although Litecoin did not gain as much as many thought it would, it did not drop alarmingly either. That being said, LTC has dropped in value dramatically from its highs this year. Why the Sudden Fall? Things have become particularly chaotic over the past few days as LTC kept dropping in price at almost all exchanges worldwide. However, the most important thing to point out in this…

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Blockchain 

Litecoin and Bitcoin Slump Despite Bakkt’s Anticipated Debut

2019 has been a remarkable year for Bitcoin and Litecoin after the disappointment of 2018. For the first six months of the year, the biggest cryptocurrency in the world went on a remarkable rally, and although it has lost its momentum since then, it is still up by a hefty percentage. This week was an important one in the crypto space as the highly anticipated Bakkt platform finally went live. There was a lot of speculation about the effect of the platform on the price of Bitcoin and on the…

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Blockchain 

Litecoin (LTC) is Down 50% in 2 Months

Litecoin (LTC) has been in the news over the past few weeks ever since it had announced the highly polarizing halving event. Miners used to get 25 LTC for each completed block, but from now on they will be rewarded with 12.5 LTC for the same job. It was a controversial move, and experts had either panned the move or stated that it will have a positive effect on the price of Litecoin. Key Analysis The price of the coin remained unaffected after the halving event, but the price action…

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Blockchain 

Litecoin (LTC) Progress is Solid

The month of August was a hugely vital one for Litecoin as the cryptocurrency finally had its much anticipated and highly controversial halving event. By way of that move, the reward for Litecoin miners for each completed block has been reduced from 25 LTC to 12.5 LTC, and that had set off fears that a dramatic crash in the price would occur. Nothing of the sort happened, and in fact, the price of Litecoin rose after the halving as many experts had predicted. Key Details That being said, it did…

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Blockchain 

Litecoin (LTC) Gains Momentum Post Halving, Jumps 7%

Litecoin (LTC) has been one of the more popular altcoins in the crypto space for some years now, and during that time, it managed to become one of the biggest cryptocurrencies by market cap. LTC Jumps 6% This year, the developers of the blockchain made a momentous decision after it announced that the rewards for Litecoin miners were going to be halved. This created a lot of speculation as to the effect it would have on the token’s price. The event that was being called “the halvening” created a lot…

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Blockchain 

Litecoin Halving | What You Should Know Before the Big Event

Litecoin has grown impressively over the past couple of years and despite the slump in the crypto markets last year, it has managed to hold onto its position among the top five cryptocurrencies. Key Analysis However, the cryptocurrency is now entering one of the most critical periods in its history due to the halving that is going to take place in its blockchain next week. This is a measure to possibly ensure that Litecoin remains scarce, but at the same time, it is also important to point out that it hits…

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Blockchain 

Litecoin is Under Pressure Ahead of the Halving, So What Next?

Over the course of the past few years, Litecoin (LTC) has firmly emerged as one of the more popular altcoins in the crypto sphere, but the token is slowly but surely approaching a day of reckoning as the much talked about halving is going to take place soon. The halving is going to reduce the reward for completing a blockchain to 12.5 LTC for miners, and many believe this is a step that could prove to be a problem for the cryptocurrency in the initial period. Analysis The halving is…

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Blockchain 

Litecoin (LTC) Eyes Fresh Gains Above $100

Litecoin (LTC) is leading a recovery even as the broader cryptocurrency sector turned bearish in recent trading sessions. A spike past the $100 mark has come on huge trading volume, affirming renewed trader interest in the coin. Litecoin Fresh Gains Bulls have regained control, in recent trading sessions, after bears threatened to push the altcoin below the $70 mark. A spike past the $100 mark also comes 17 days away from the much-awaited halving event. The halving is poised to result in a reduction in the amount of LTC that miners get rewarded,…

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Blockchain 

Litecoin (LTC) Corrects 35% From 52-Week High, What’s Next?

2019 has been an excellent year for cryptocurrencies, with most tokens having gained considerably from their lows of 2018. However, the month of July has not been kind at all as statements from key figures like the United States President and the head of the Federal Reserve have wrecked the market over the past seven days. In that regard, Litecoin (LTC) has not been able to escape the carnage either and has lost some of its value during this period. That being said, there is, at last, some good news…

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Blockchain 

Litecoin (LTC) and Bitcoin Cash (BCH) Tumble on Massive Crypto Sell-Off

As the broader crypto markets are witnessing a big correction, two popular cryptocurrencies Litecoin (LTC) and Bitcoin Cash (BCH) are among the top losers. Litecoin Cracks This has been an excellent year for Bitcoin and cryptocurrencies by and large, due to the incredible bull run that has been seen this year so far. Due to the surge in the price of Bitcoin over the past months, altcoins have also gained considerably, but one of the altcoins that has not had a great time as of late is Litecoin. However, that could…

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