Category: Litecoin

Litecoin prices have surged over the past 24 hours, reaching a new all-time high following a month of generally sideways trading. Peaking last night at 21:24 UTC, the fifth-largest cryptocurrency by market capitalization reached a record high of just over $64 – a 36 percent increase over the week. At press time, litecoin’s price had dropped to $62, according to data from CoinMarketCap. Vigorous trading in South Korea seems to be at least in part responsible for the rise, a trend also Read more …

Litecoin has hit what creator Charlie Lee has called two “milestones,” passing $60 and a $3 bln market cap for the first time. Data from Coinmarketcap showed Sunday delivering Litecoin’s best performance in its four-year history based on Chinese and South Korean trade volumes. At press time, its market cap had increased further to $3.2 bln, while cross-exchange prices averaged around $61.50, slightly below the all-time highs reached Sunday. Both Lee and even mainstream media sources were keen on celebrating Read more …