Litecoin

FatCamera / Getty Images/iStockphoto Litecoin (LTC) is a cryptocurrency that launched shortly after Bitcoin. The “gold standard” of crypto — Bitcoin — was revealed to the world in 2009, while Litecoin followed on its heels in 2011. Litecoin is often called the “silver” to… Source link

Litecoin Falls 11% In Rout Investing.com – was trading at $42.700 by 19:42 (23:42 GMT) on the Investing.com Index on Monday, down 11.04% on the day. It was the largest one-day percentage loss since June 13. The move downwards pushed Litecoin’s market cap down to $3.012B, or 0.32% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $41.200 to $48.300 in the previous twenty-four hours. Over the past seven days,… Source link

The world’s biggest crypto exchange by volume, Binance, published blog post this morning saying they are not going to support the MimbleWimble Extensions Block (MWEB) feature for Litecoin (LTC) deposits and withdrawals. They cited worries about security as the main reason for this decision. Binance has delisted many other coins in the past due to security reasons. For example, on March 8, 2022, Binance delisted Bitcoin Diamond (BCD), Cindicator (CND), Monetha… Source link

From the look of things, the MimbleWimble Extension Blocks (MWEB) implemented on Litecoin’s Network have failed to provide the much-required succor for the Network’s LTC token. The MWEB upgrade was implemented to enhance the user experience by providing users the option to make confidential transactions on the Litecoin network. So what went wrong? Since the launch of the upgrade, eyebrows have been raised about facilitating anonymous transactions on the network. In the… Source link

advertisement Binance announced today that it won’t support litecoin transactions that make use of so-called MimbleWimble Extension Blocks (MWEB), joining South Korean exchanges in shunning the privacy feature. On May 20, Litecoin developers activated an optional privacy-preserving protocol on the coin. This allows the Litecoin network to conceal transactional data yet maintain its ability to process a lot of transactions quickly. Last week, several Korean exchanges, including Upbit and… Source link

© Reuters Litecoin Falls 10% In Bearish Trade Investing.com – was trading at $47.600 by 19:41 (23:41 GMT) on the Investing.com Index on Sunday, down 10.36% on the day. It was the largest one-day percentage loss since May 11. The move downwards pushed Litecoin’s market cap down to $3.457B, or 0.32% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B. Litecoin had traded in a range of $47.600 to $52.600 in the previous twenty-four hours. Over the… Source link

The global crypto market has seen consistent changes in value as the global economy has continued to see problems. The value of Bitcoin has stayed in an uncertain situation and has affected the remaining market as well. Most of the altcoins have shed value, some even halving it. The situation has seen little improvement as the US economy has continued to affect other markets across the globe, crypto being no exception.   The instability in the US markets has continued to affect crypto…. Source link

An altcoin can be described as any cryptocurrency token which presents an alternative to Bitcoin- the first and still most predominant cryptocurrency, which many see as synonymous with cryptocurrency itself. Litecoin (LTC), RoboApe (RBA), and UNUS SED LEO (LEO) are all examples of altcoins, all with unique properties that allow them to stand out from Bitcoin by providing features and opportunities not seen with the crypto giant. Learn more about each of them below. Litecoin (LTC) Lights the… Source link

Litecoin has always been overshadowed by its bigger brother Bitcoin. Litecoin was for a long time the second-largest cryptocurrency. However, many newer cryptocurrencies emerged, providing better use cases than Litecoin. That’s why Litecoin dragged and even became out of the top 20 cryptocurrencies by market cap. Today, as the crypto market continues to crash, Litecoin prices dip and aim to reach lower support areas. Is Litecoin dead? Should you buy Bitcoin instead of Litecoin?… Source link

Five South Korean cryptocurrency exchanges recently said they will delist litecoin because the crypto asset’s Mimblewimble Extension Blocks (MWEB) upgrade violates the country’s laws. As a result, the exchanges’ users cannot use the Korean won to trade the crypto asset, which has since been named a “dark coin.” Upgrade Violates Specific Financial Information Act Following the recent Mimblewimble Extension Blocks (MWEB) upgrade to litecoin, five of South Korea’s major… Source link