Tag Archives: Litecoin

Charlie Lee, Litecoin Foundation Apologize After LitePay Vanishes

Litecoin creator Charlie Lee and the Litecoin Foundation have each apologized for failing to conduct due diligence on LTC-based payment processing startup LitePay, which has sparked allegations of conducting an exit scam due to its abrupt closure. Continue reading Charlie Lee, Litecoin Foundation Apologize After LitePay Vanishes

Litecoin showing relative strength

Litecoin has been and continues to be in a stronger technical position relative to the other cryptos. As you can see in the chart below it is above both the long-term downtrend line and the 200-day moving average (brown line). It broke out above the downtrend line in mid-February and has since pulled back, in a relatively controlled low volatility manner, to test the line as support during the most recent pullback, low of $137.12. Support was strong though as it kicked in above the line at the 200-day MA. Note that support was also seen around the 200-day MA at the bottoms in February. This is all bullish price behavior that should lead to higher prices.

A breakout above the one-month downtrend line will trigger a new bullish signal, and the LTC/USD pair could then accelerate its advance. First, watch for a breakout to trigger on a move above $165.50. Strength is then confirmed on an enthusiastic rally above $175.50.

Reference: https://cointelegraph.com/news/cryptocurrency-and-equity-markets-weekly-performance-overview

Lightning Labs Launches Beta With Twitter CEO Backing

A version of bitcoin’s much-anticipated Lightning Network is finally ready for real users. Announced today, California startup Lightning Labs has officially launched a beta version of its software (LND), making available what investors and project leads say is the first thoroughly tested version of the tech to date. This means that users can now leverage LND to send bitcoin and litecoin to other users, all without settling those transactions on the blockchain. Continue reading Lightning Labs Launches Beta With Twitter CEO Backing

Litecoin Cash LTCH Token Sale

Today the market have lot of offers for investing and gaining money via cryptocurrency. But not all of them are good to invest. Litecoin Cash system will help you to assure your gaining in a secured and a comfortable way. You just have to buy our TOKEN with a cheap price at the ICO. Litecoin Cash ethereum token (LTCH) is an innovative cryptocurrency. A form of ethereum blockchain (erc20) , enhanced and further developed version, instant and secure payments as well as anonymous transactions. Litecoin Cash has great potential for rapid growth and expansion. It is accessible to everyone; it ensures a fair and stable return of investments. Protection of privacy by applying high secured technologies Reducing the cost of transfer Giving the users all what they need to be satisfied.

Reference: https://cointelegraph.com/press-releases/litecoin-cash-ltch-token-sale

Liechtenstein’s Bank Frick Introduces ‘Direct’ Cryptocurrency Investment And Cold Storage

Liechtenstein lending institution Bank Frick now offers “direct investment” and cold storage of five cryptocurrencies, it announced in a press release Feb. 28, noting it is the “first” financial instituion in the country to do so. Aimed primarily at “professional market participants and financial intermediaries,” according to Frick, investment and storage is offered for Bitcoin, Bitcoin Cash, Litecoin, Ripple and Ether. The bank, which was founded in 1998, has sought to stand out from competition in the tiny European country, introducing a crypto investment and storage service that is “in demand” beyond its borders, it says. “Our services are in demand from companies across the whole of Europe,” chief client officer Hubert Büchel commented in the release. Despite Bank Frick being previously active in crypto-based products, the move appears to copy neighboring Switzerland, where institutions Vontobel and Falcon Private Bank have been offering exposure to crypto investments since as far back as 2016.

Reference: https://cointelegraph.com/news/liechtensteins-bank-frick-introduces-direct-cryptocurrency-investment-and-cold-storage