The rally in the cryptocurrency space over the course of the first six months of the year was nothing short of staggering and although Litecoin did not gain as much as many thought it would, it did not drop alarmingly either. That being said, LTC has dropped in value dramatically from its highs this year.
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.
In the last five months, Litecoin (LTC) has performed exceptionally in the cryptocurrency market and has grown 3.5 times. On Monday, Litecoin’s price grew to its highest level in the last 12 months, rising to $128.07. The last time the price of the coin came close to that was last year on May 23 when it traded at $126.
Charlie Lee is at it again. The Litecoin founder isn’t shy when it comes to voicing his opinion on crypto via Twitter and yesterday was no different. It seems this time, he’s targeting Bitcoin maximalists.
Cryptocurrencies made a strong comeback in the middle of the week, after posting 2018 lows a few days prior. Investors began dumping digital currencies after Bitcoin Cash miners decided to split the chain in two. After the hard fork, an all-out hash war began, and investors weren’t pleased. Investors began buying back digital currencies when various crypto-positive news announcements were made earlier this week. Most coins have since corrected from their gains, but Litecoin (LTC), TRON (TRX), and ZCash (ZEC) are still in the green for the week.
Litecoin joins TokenPay: Two days ago, the Litecoin Foundation announced that it had entered an extensive strategic partnership with TokenPay and acquired nearly 10% of the German bank WEG Bank.
A Litecoin futures trading opportunity is starting soon, being launched by the cryptocurrency exchange Crypto Facilities, based out of the UK.
Paxos adds Litecoin (LTC) – Litecoin is among the coins being added to the Paxos Trust Company, one of the only companies authorised by the New York Department of Financial Services (NYDFS) to trade these coins.
Yesterday, the Litecoin Foundation announced the Litecoin 2018 Summit, a chance for Litecoin enthusiasts everywhere to gather and discuss all things LTC.
Alright, so you won’t actually be able to fly to the moon (sorry), but maybe Litecoin’s price will with this new deal. In the latest #PayWithLitecoin advancement, Surf Air adds Litecoin (LTC) as a payment option.
Nasdaq backs Litecoin: The Nasdaq exchange, one of the largest exchanges in the United States, has announced its support for several cryptocurrencies. One of these cryptos is Litecoin (LTC), making the latest in Litecoin news.
A payment processing solutions provider, iPayment Inc., is opening the door to even more Litecoin (LTC) payments.
It’s finally here, everyone! Now, digital wallet app Abra accepts Litecoin (LTC) deposits and withdrawals.
Toshi adds Litecoin: After listening to its customers, the wallet and dApp browser Toshi is going to be adding Litecoin (LTC) to its platform.
Litecoin News: Litecoin (LTC) creator Charlie Lee sat down with CoinDesk at Consensus 2018 to talk CryptoKitties, blockchain inefficiencies, and money.
Litecoin (LTC) is being added to the Gemini cryptocurrency exchange, reports Forbes, along with Zcash (ZEC) and Bitcoin Cash (BCH).