Five Reasons Why Litecoin Is Ready To Shine Once Again
Thus far, Litecoin has been among the weakest performers in the cryptocurrency top ten by market cap during this recent altcoin season, but that is all about to change. Here’s why Litecoin is ready to shine once again and could soon become the stand-out industry leader. Why Has Litecoin Lagged Behind The Rest Of The […]
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The Litecoin Association recently announced the launch of their brand new website litecoin.com. The announcement comes at a time when the silver cryptocurrency is losing its shine before the overly polished Bitcoin market. For over a year, the Litecoin market is tailing the latter in absence of any influential marketing gimmick of its own. It has previously concerned many of its followers that also hinted to move towards other development-oriented cryptocurrencies like Darkcoin if Litecoin promises no future. The new website therefore is striving towards reaching new users every day and....
In a recent article I wrote on Andrew Vegetabile better known as The Real Mage who is one of the five directors of the Litecoin Association, covering his interview with Bitcoin Potato on the World Crypto Network. I revealed some of the future plans the Association had in store. When asked about The Litecoin Associations structure and what its mission is all about, Mr. Vegetabile says the mission is all about bringing adoption, education and awareness to both the inner and outer crypto communities. They want to be able to answer all questions and help businesses to be able to accept, the....
Litecoin Price Key Highlights. Litecoin price has suffered a quick selloff recently and has since showed signs of a pullback. Price appears to be finding resistance at the 50% Fibonacci retracement level around 3.250 and might be ready to resume its drop. If the correction wave for litecoin price is done, the impulse wave could take price down to the previous lows at 3.050 or much lower. Technical Indicators Favor Downtrend. Apart from the inflection points already keeping gains in check, leading and lagging indicators suggest that litecoin price is ready to head back south. The 100 SMA is....
Following an unprecedented day of trading for Litecoin at a higher daily USD volume than bitcoin, suspicions of a ‘pump-and-dump’ scheme in China have arisen following a correction in price. Just before, Litecoin has gained fifty US cents to a full US dollar in value - tantamount to Mazda selling more cars in a day than Toyota. “I think Litecoin is still very complimentary to Bitcoin — silver to Bitcoin's gold if you will. Because Litecoin is an altcoin and a much smaller market cap, the Litecoin price is extremely volatile. So when the crypto currency market is crashing, it gets hit a lot....
Does the drop in the price of bitcoin have you down? Don't worry - if the continued rise in the bitcoin difficulty is any indication, the network isn't going anywhere anytime soon. This week's Mining Roundup spans from a key moment in litecoin's mining history to growth for BitFury's leadership and advisorial teams. We also shine the spotlight on a discussion that many miners are thinking about these days: what does this latest price drop mean for bitcoin's future? Litecoin breaches 1 terahash in mining power. On 15th September, litecoin - the oldest of the scrypt family of alternative....