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Solving Scalability Is The Key For Litecoin Adoption Say’s Charlie Lee

Litecoin is one of the cryptocurrencies that really does fancy its own chances with regards to cryptocurrency adoption. Because Litecoin is fast and easy to obtain, plus it’s reinforced by a community that strives to #PayWithLitecoin, LTC is often seen as one of the critics choices when asked which cryptocurrency will be adopted first (second to Bitcoin Cash, generally). According to Crypto Globe, Charlie Lee, the Founder of Litecoin has recently spoken to CNBC during which he discusses some of the problems that Litecoin solves and importantly, discusses how solving scalability should be one of the most important priorities for...

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A Brief History Of Litecoin

Litecoin is one of the most popular cryptocurrencies currently in circulation. In this blog, we're going to take a quick look back through the history of LTC, from its beginnings to its present-day outlook. Early days Litecoin was first created in 2011, by Charlie Lee, a developer who previously worked for Google. Its establishment came just two years after Satoshi Nakamoto announced the release of Bitcoin, which is why many have labelled Litecoin as being the 'silver' to the more popular Bitcoin's 'gold'. Litecoin's USPs are its speed of transaction – it processes blocks in 2.5 minutes, compared to Bitcoin's...

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Litecoin (LTC) Aims For Trend Reversal As Price Prepares To Escape Falling Wedge

Litecoin (LTC) is trading in a falling wedge with the possibility of a breakout in the weeks ahead. The above daily chart for LTC/USD shows that Litecoin (LTC) has almost reached the extent of its movement within the falling wedge against the US Dollar (USD) and is now likely to test the downtrend resistance. However, before testing the downtrend resistance, it will have to break past the 21 EMA which has served as a support turned resistance since the beginning of the correction. MACD profile for the above chart confirms a bullish outlook and the price looks all set to...

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September Presents A Great Opportunity For Litecoin To Relaunch Litepay

Litepay, the ghost of Litecoin past and Litecoins very own failed drive for cryptocurrency adoption. Although the first launch of Litepay failed massively, many have speculated that a new, clean cut and working version would be released soon, perhaps then, the first annual Litecoin summit will be the best platform for it? Is the first annual Litecoin Summit the platform that Charlie Lee and the team need to set off Litepay 2.0 with a bang? Now, we don’t know for sure that Litepay 2.0 is in the works, but, if it is, it’s big news and is sure to play...

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BTC And LTC Find Balance, XLM And MIOTA Struggling To Maintain

After a very unsteady week, the markets really are struggling to level out the playing field. As it stands, everything is a little shaken up. After earthquake of a crash that started at the start of the week, we expect a number of aftershocks to continue to put pressure on a number of altcoins and Bitcoin too. Therefore, today’s outlook no doubt resonates what we will see throughout the rest of this week and the weekend too. Don’t worry too much, the markets will recover from this, but at the moment I guess it is pretty hard to be optimistic....

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