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 (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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Blockchain 

Litecoin (LTC) Outperforms Bitcoin Ahead of Blockchain Halving

Litecoin (LTC) continues to outperform other cryptocurrencies ahead of the much-awaited halving of its blockchain. Over the last seven days, the altcoin has averaged 5% in returns compared to just 1% for Bitcoin (BTC). Other cryptocurrencies continue to post mixed fortunes after a meteoric rise in the first half of the year. LTC Halving The renewed interest stems from a growing interest in the mining halving process scheduled for August 6. With the halving, miners will end up getting just half of the coins they get now, with each new…

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Blockchain 

Litecoin (LTC) is the Top Altcoin Performer in 2019

Cryptocurrencies have bounced back after imploding in early 2019. While all the major digital currencies have bottomed out from one-year lows, Litecoin (LTC) has emerged as a top performer as it continues to elicit strong interest. Cryptocurrency Renascence A 360% plus rally from one-year lows underscores the love that Litecoin continues to receive in the market. Elsewhere on the market, Bitcoin (BTC), the largest cryptocurrency, has rallied by 135%, while Ethereum (ETH), the second biggest crypto, is up by close to 100%. With a market cap of more than $8…

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