Litecoin

Forked from Bitcoin in 2011, Litecoin (LTC) has served as an experimental digital asset, incorporating new tech variations on the original BTC protocol.  The coin has garnered popularity in the crypto community and now has millions of users around the world. If you are a user of LTC or are interested in buying some coins, here are several wallet options you can try out for the safe storage of your Litecoin.  Ledger Nano S/X (Hardware Wallet) Ledger Nano S is one…

Multitudes are buying into the use of blockchain technology and cryptocurrencies over time. Unfortunately, miners usually get a harder time competing with other miners to get the chance to add a block to the chain. However, technology evolution ensures something for everyone while reducing piling congestion in primary blockchains. The issues brought about the introduction of sidechains to increase the functionality of the primary chains. The development of sidechains is making the concept of merged mining popular. Merged mining, also…

Bitrue, a leading cryptocurrency exchange with financial services, has continually rolled out features that bring personal investment opportunities to users who hold cryptocurrencies.  And now, hot on the heels of BCH coming to Power Piggy, the investment platform added Litecoin (LTC), one of the top cryptocurrency coins, according to CoinMarketCap.  Using the Power Piggy program, users can earn passive revenue on their LTC coins at a 5.3% APR baseline interest.  The Bitrue community has long requested this coin to be…

Leading financial services platform Bitrue announced their intentions to adjust the interest rates of EOS, LTC, and BCH in their Power Piggy program to a baseline of 5.3%, starting with the interest distribution on June 5 at 16:00 UTC.  Bitrue exchange has always been a disruptive force in the financial industry, mainly focused on using crypto to offer financial services to the world's unbanked population.  The Singapore-based exchange has quickly become a favorite with members of the EOS, LTC &…

The Litecoin Foundation announced that it was partnering with MeconCash to allow LTC to be withdrawn in Korean won (KRW) at over 13,000 ATMs in the country. The announcement was made on the 28th of February 2020. This partnership gives LTC holders access to quick cash while being able to send remittances from overseas to South Korea. According to the terms of the partnership, LTC will be integrated into MeconCash’s M.Pay payments platform. The LTC coin shall be an acceptable…

Good news for Litecoin holders, they can now earn up to 10 percent interest on assets thanks to a strategic partnership. The Litecoin Foundation announced this on the 10th of February 2020. It states that it is partnering with Cred, a California based crypto lender to enable the borrowing and lending of Litecoin. About The Deal This financial services support is global, available to all holders of the crypto in at least 190 nations. Litecoin holders now get to make…

In its simplest sense, an Atomic Swap is a mechanism that uses smart contract technology to enable the exchange of one cryptocurrency for another without using centralized intermediaries, such as exchanges. Atomic swaps are a technique that allows the quick exchange of two different cryptocurrencies running on distinct blockchain networks. Such a process (also known as atomic cross-chain trading) is based on smart contracts. It allows users to trade their coins directly from their crypto wallets. Before discussing an Atomic Swap, let…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $250 billion. Bitcoin price drops to $7,300 before rising over the $10,000-mark and dropping again. Ethereum finally breaks over the $180 target. Ripple attracts more investors in its bid to overcome the $0.30 threshold. Google’s parent company Alphabet claims that its new Sycamore processor is the peak of quantum computing. Crypto Trends 21-27th of…

When it was first released in 2011, Litecoin was deemed by its creators as the "future of commerce." Since then, the cryptocurrency that lets you instantly send money anywhere in the world has had a spectacular evolution to become the 6th most valuable crypto in the world and stay true to its foretold success. While some consider Litecoin to be nothing more than the "silver" to Bitcoin's "gold," this crypto's evolution has successfully proven that it is more than just…