Litecoin is a digital currency for internet users that is censorship-free and is open to anybody in the world. The distribution of Litecoin is successfully done by wallet encryption which secures the proper safety of the coins and allows an individual to view and monitor their transactions. Continue reading Digital Currency for Internet users that is Censorship-free
In a fireside chat with Thomas Hu, founder of Kyber Capital, Litecoin founder Charlie Lee sat down with CoolBitX CEO Michael Ou to analyze what it means to be your own bank by using cryptocurrencies and their underlying blockchain technology. They cover issues surrounding mainstream adoption, stablecoins and certain features that can improve Bitcoin and Litecoin. Continue reading Charlie Lee on the Game Plan
Charlie Lee, former director of engineering at Coinbase crypto exchange and the creator of Litecoin (LTC) has expressed his intention to make the altcoin a global decentralized cryptocurrency in an interview with TenX made Friday, April 27. He also claimed that that goal would require him to eventually “step away” from Litecoin as its leader. Continue reading Charlie Lee says that to make Litecoin More Decentralized, Eventually I Would Step Away
One of the main critiques about Bitcoin is the digital currency’s troubles offering timely and cost-effective payments. Charlie Lee, the founder of Litecoin, foresaw Bitcoin’s future payment issues, and took action by designing a more payments-friendly blockchain.
After earning the nickname, ‘SatoshiLite’, Mr. Lee earned a job at Coinbase, the large San Francisco-based crypto-exchange. Mr. Lee left Coinbase last year. Thereafter, he sold his Litecoin so that he could act more freely as a champion for the digital currency he founded and not be accused of pumping and dumping. Continue reading Litecoin Payments are Quietly Starting to Catch On
Litcoin made a strong base at 110, just above the previous support of 100, and has bounced back up. The 20 day simple moving average (SMA) can be used for trading Litecoin. Traders can buy and hold Litecoin as long as it is above its 20 day SMA. Currently upside target of 170-180 is visible in the next 2 weeks. The next upside target is 225 over the next 8-10 weeks.