Home Altcoins News Litecoin (LTC) the No Hype Crypto Minds Its Own Business

Litecoin (LTC) the No Hype Crypto Minds Its Own Business

Litecoin (LTC) the No Hype Crypto Minds Its Own Business

On April 08, 2022, Charlie Lee:  Litecoin Core 0.21.2rc6 has been released: Please help us test it! We especially need people to test it on testnet, where MWEB has already activated. If you are testing on testnet, please join our MWEB development/testing chat.

Further, the 70 millionth Litecoin was just mined. LTC is one of the no hype cryptocurrencies who have forever been mining their own business.

Litecoin Technical analysis: on April 06, 2022, may not be on many traders’ radars right now, but it quietly just saw the largest amount of daily LTC whale transactions exceeding $100k+ (3,458 transactions) in 2022. Typically, this is an indicator of mid-term price direction shifts.

Litecoin buyers struggled to sustain above the breached resistance trendline of the channel pattern. despite the combined support from 20-and-50-day EMA, the altcoin slumps beneath this support, projecting a 5.22% intraday fall.

Reportedly, Litecoin Maintains High Transaction Volume for Longest Period in Network’s History.  This is proof of the fact that users are developing more interest in making use of the assets for payments. With increasing numbers of users, this can translate in to increase in price.

Otherwise, Litecoin is accepted anywhere VISA is accepted.  The Litecoin Card converts LTC at the time of purchase. The Litecoin Card can also be connected with the card in the LiteWallet App. Users can receive a virtual and physical card.

The power to purchase with Litecoin at over 46 million merchants worldwide. Custom Litecoin Card Design is made available. You can tap and go with Litecoin and receive a virtual and physical card.

Litecoin is the 2nd most popular choice with the world’s largest crypto payments processor BitPay.  With a big increase in transactions last month, more and more people are choosing to Pay with Litecoin.

Someone Asked:  When I buy something with it and it sells Litecoin, do I owe capital gains taxes if the Litecoin has appreciated since I bought it?

Answer:  Sadly yes. That’s the rub right now. That’s why the only way to go is an L2 or something else more direct p2p.

Appreciation:  No one wants anything to do with Visa, but I still believe LTC will ascend. Privacy is a good start. Great use case for commerce, but we need more lightning or other L2 dev to revamp LTC. Also, the marketing team is awful. How can I get involved and help?

Comment: Litecoin is like beans on toast just plain and boring.

 

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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