How Litecoin went on a rally after fake rebranding to Bitcoin Lite

Litecoin recorded a 35% and 28.6% profit in the 1-hour and 24-hour charts, respectively, after major mainstream media websites reported a fake LTC integration into Walmart e-commerce stores. According to the fake press release, the company was going to allow its “millions of shoppers” to leverage crypto payments with LTC. The fake Litecoin integration was […]

Day Two of the North American Bitcoin Conference in Miami was packed full of speakers and panels. The two halls at the Miami Beach Convention Center kept attendees on the move. In the promenade areas, a number of bitcoin and cryptocurrency-related businesses were showing off their product and services. In turn, the Miami Beach area served as a vacation-like backdrop for the event, with parties held on the rooftop of the Clevelander Hotel on both Friday and Saturday night. Even so, the conference schedule of the second day seemed to move at a frenetic pace, with few breaks in between. Here....

There are now hundreds if not thousands of altcoins in existence, but litecoin is one of the oldest and biggest. Since its conception in 2011, creator Charlie Lee - also known as 'Satoshi Lite' - has become a prominent figure in the crypto space. Besides creating a cryptocurrency with a market cap of $63.79m, Lee also leads the engineering team at Coinbase, the firm that recently raised $75m from a number of high-profile investors, including Spanish megabank BBVA and the NYSE. The company is now the best-funded business in the bitcoin ecosystem. In my interview below, we discuss altcoin....

Following the fake news of its partnership with Litecoin, Walmart Inc. says it is looking into how the fraudulent press release was issued. The Litecoin Foundation and Charlie Lee are also investigating the matter. In addition, Globenewswire says it will also work with authorities “to request – and facilitate – a full investigation, including into any criminal activity associated with this matter.” Walmart Responds to Fake News of Its Partnership With Litecoin The retail giant issued a press release in response to the fake news of its partnership with Litecoin....

Litecoin reached 68% 24 hours gains today crawling up to $2 again and surpassing it. Its gains for today outranked all major cryptocurrencies. However, many investors are worried that this is just a pump and dump. The correction was in fact quite swift as litecoin sits at around 35% gains right now. The correlation between bitcoin and litecoin. We all know that litecoin was created envisioning a lite version of bitcoin. That's sort of how it works when it comes to trading as well, and there has always been a strong correlation between bitcoin's and litecoin's price. When compared, the....