Litecoin was created by Charlie Lee, a former Google employee, in 2011. Litecoin was released via an open-source client on GitHub on Oct. 7, 2011. The cryptocurrency was created based on the Bitcoin protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Its developers have always stated that Litecoin can be seen as the "silver" to Bitcoin's “gold". Litecoin uses the memory intensive Scrypt proof of work mining algorithm, which is more accessible for users that want to mine via CPU or CPU-based mining rigs, as ASIC-based rigs are not suitable for Litecoin mining. The block reward was halved in 2015 to 25, and will continue to halve until its hard cap of 84 million Litecoin is reached.
Litecoin (LTC) coin's current price is 189.6656USD. The last 24-hour trading volume of Litecoin is $1.45B. LTC price has increased by 9.80% in the last 24 hours. It has a circulating supply of 66.59M coins, and the total market cap of Litecoin is $12.63B. Users can use Binance, Bitfinex, or other cryptocurrency exchanges to purchase Litecoin with USD utilizing their bank account and credit cards. Use the Aurox Terminal to purchase Litecoin across multiple exchanges, track and view Litecoin price charts, as well as utilize our proprietary signals and indicators to help you predict the market.
Mar 3, 07:00:03 PM | Cointelegraph By Rakesh Upadhyay
Now that Bitcoin price has flipped $50,000 back to support, small and large-cap altcoins are gearing up for a move higher.
Mar 2, 07:00:04 PM | Cointelegraph By Marcel Pechman
Investors looking to gain LTC exposure using traditional equities are willing to pay a premium of more than 1,800% to buy it via Grayscale's Litecoin Trust.
Mar 1, 07:00:04 PM | Cointelegraph By Rakesh Upadhyay
Bitcoin and most major altcoins are witnessing strong buying at lower levels, indicating the start of a relief rally.
Feb 27, 12:00:03 AM | Cointelegraph By Jordan Finneseth
Growing concerns over rising U.S. Treasury yields are putting pressure on global financial markets and possibly dragging cryptocurrency prices lower.
|Exchange||Market||Price / % Change||Volume▼|