Germany-based gaming company releases RPG on the Litecoin blockchain

In an online event prepared by the Litecoin Foundation on Sept. 15, Litecoin (LTC) creator Charlie Lee and CipSoft CEO Stephan Vogler announced the release of LiteBringer, a role-playing fantasy game which runs on top of the Litecoin blockchain. “It’s the first major game that utilizes the Litecoin blockchain for all of its interactions,” Lee said. Vogler stated the game is fully decentralized, meaning all users have to be running a Litecoin node to play. He also noted that access is completely dependent on players having at least some Litecoin…

PornHub now accepts Bitcoin and Litecoin

Pornhub now accepts Bitcoin (BTC) and Litecoin (LTC) as payment for its premium services. The company has been accepting Verge since 2018, later adding several other cryptocurrencies, but this is its first foray into the major leagues. Pornhub’s vice president Corey Price said in the press release: “As a leader in adult content with over 130 million visitors per day, Pornhub is excited to now offer two widely-used and leading digital currencies for our users. Our team continues to pave the way for tech development, testing and implementing new technology…

Litecoin Price Holds Strong at $60: A Bullish Case For Rally To $70

Litecoin started a steady recovery wave from the $53.50 and $54.00 support levels against the US Dollar. The price is now trading nicely above the $60.00 level and the 100 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $58.00 on the 4-hours chart of the LTC/USD pair (data feed from Kraken). The bulls seem to be aiming a larger upward move towards the $68.00 and $70.00 levels. Litecoin price is gaining momentum above $60.00 against the US Dollar. LTC is likely…

Why An Analyst Thinks Litecoin Is “One of the Better Bearish Plays”

After a multi-year bear market, Litecoin (LTC) has finally begun to move higher over recent days. The asset has gained around 20% since the lows of last week at approximately $55. While there are many arguing that LTC has momentum, one analyst says that Litecoin is one of the “better bearish plays” in the crypto market right now. This same analyst has also expressed a bearish opinion about Bitcoin, arguing that the asset could retrace to the $8,000s in the months ahead. Related Reading: Crypto Tidbits: MicroStrategy’s $250m Bitcoin Purchase, Ethereum…

Here’s Why Analysts Are So Optimistic About Litecoin After 20% Breakout

While the focus of crypto investors has been on Bitcoin and Ethereum over recent days, Litecoin’s recent price performance has come into the public spotlight. From last week’s lows of approximately $55, the asset has surged just over 20% to $67 as of this article’s writing. The embattled Bitcoin fork has suffered from a multi-year bear market after the highs of the 2017-2018 bubble. Analysts are optimistic about the prospects of LTC in this market, despite some cynics saying that the asset has no intrinsic value. Litecoin Is Poised to…

Litecoin Could Be Next In Line For Surge: Technicals Indicate Push To $80

Litecoin started a steady increase above the $50.00 and $60.00 resistance levels against the US Dollar. The price traded as high as $68.92 and it is currently correcting gains. There is a crucial bullish trend line forming with support near $65.20 on the 4-hours chart of the LTC/USD pair (data feed from Kraken). A clear break above $70.00 might open the doors for a push towards the $80.00 resistance. Litecoin price is gaining momentum above $65.00 against the US Dollar. LTC is likely to continue higher towards $75.00 or $80.00,…

Litecoin Could Soon Outperform Bitcoin By At Least 45%: Here’s Why

Against Bitcoin, Litecoin has not performed well since the highs of 2017 and 2018. As of this article’s writing, the price of LTC in Bitcoin terms is 0.0053 BTC — again, far from all-time highs. Analysts believe that LTC is set to outperform Bitcoin, though. They cite technical trends that show Litecoin is breaking higher against Bitcoin for the first time in months, even years. Related Reading: Crypto Tidbits: MicroStrategy’s $250m Bitcoin Purchase, Ethereum DeFi Boom, BitMEX KYC Litecoin Is On the Verge of Outperforming Bitcoin: Analysts  A founder of crypto…

Analyst Expects Pain for Litecoin as It Paints “Bearish Engulfing Candle”

Litecoin (LTC) has surged 42 percent in a three-week winning streak. But the rally showed signs of exhaustion upon testing a “huge falling resistance” for a breakout. LTC printed a so-called “bearish engulfing candle,” which, according to financial analyst Vince Prince, spells downside risks for the cryptocurrency. Litecoin is at risk of breaking lower after surging three weeks in a row by 42 percent. The silver cryptocurrency painted a “bearish engulfing candle” on August 2, a phenomenon that signals lower prices ahead. Vince Prince, the financial analyst who first spotted…

You Can Now Trade Litecoin on the Ethereum Blockchain With Kyber

The Kyber Network, a decentralized, on-chain cryptocurrency exchange, has just listed the Ethereum-compatible pLTC token — a new cross-chain token developed by pTokens project. Announcing the news to Cointelegraph on Aug. 3, Kyber Network said that pLTC tokens will be accessible through KyberSwap and other decentralized apps, or DApps. They will also be available on platforms powered by Kyber’s on-chain liquidity protocol. pLTC is pegged to Litecoin The news comes shortly after pTokens launched pLTC token on the Ethereum mainnet on July 29. Similar to other “pTokens”, pLTC token aims…

A Substantial Number of Idle Litecoin Were Moved Suggesting Incoming Volatility

Litecoin appears to have gained some visibility despite its lackluster price action. The eighth-largest cryptocurrency in the market took the spotlight after Grayscale Investment announced that regulators have given the green light for the sale of shares of its Litecoin Trust to the public. The new FINRA approved stock will trade under the symbol LTCN within the next month. The move is set to provide investors exposure to the underlying asset while avoiding the pitfalls of buying and storing Litecoin. “There will be no trading volume in the Shares’ public…