Litecoin price recovers above $200: What next for LTC?

Litecoin (LTC) price rebounded above $200 but later hit resistance near the 0.5 Fibonacci retracement level Litecoin‘s price increased by 5% in early morning trades on Wednesday, with LTC/USD recovering from lows of $197 to trade above $200. While the 9th ranked cryptocurrency has not managed to spike higher, it is likely Bitcoin’s upward trajectory […]

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Norway’s Fourth-Richest Man Invests in a Crypto Mining ASIC Manufacturer

According to regional reports, the Norwegian billionaire and hedge fund manager, Ole Andreas Halvorsen, is investing funds into an energy-reducing cryptocurrency mining chip hardware company. The company Norway’s fourth richest man is investing in claims to build application-specific integrated circuit (ASIC) mining chips that are allegedly 300%-500% more energy efficient than existing hardware. Norwegian Hedge […]

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Cryptocurrencies Suffer Correction – CCN.com

Earlier today, on October 18, the cryptocurrency market endured a major correction, as the price of Ethereum fell by 10 percent and Bitcoin declined by over 5 percent. Within the past 24 hours, the price of Ether, the native cryptocurrency of Ethereum, fell from $340 to $299, while the price of Bitcoin fell from $5,550 […]

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Charlie Lee Criticizes Bitcoin Cash For Branding Itself as Bitcoin – CCN.com

On October 17, Bitcoin.com released a controversial statement which claimed that Bitcoin Cash is Bitcoin. In response, leading industry experts including Litecoin creator Charlie Lee offered harsh criticism. Bitcoin.com Claims Bitcoin Cash is Bitcoin, Angers Bitcoin Community In September, Bitcoin Cash was launched through a hard fork executed by a few major mining pools including […]

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