Finance News

Story: Venezuelan government has a major hand In the litecoin rally – can halt anytime

By Steven Anderson

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Litecoin is setting the performance record for the first quarter.  The price of Bitcoin doubled during the first 3 months of the year 2019.

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The mining reward halving is considered to be one of the major reasons for the stellar gains in the first quarter of 2019.

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The halving means that there will be a supply deficit in the ecosystem after August. From August 8, 2019, the reward will be reduced from 25 LTC to 12.5 LTC.

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#LNTrustChain started on Twitter to facilitate improved communication in the Litecoin community as an experimental approach.

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Charlie Lee, the Managing Director of the Litecoin Foundation, is the latest to bear the lightening torch.

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The value that can be transferred off the chain is 10 satoshis in this process.  Ever since the beginning of this project, several eminent personalities in the crypto-space…

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The list of personalities who previously held the torch consists of, “Anthony Pompliano, Binance’s Changpeng Zhao, Bitcoin pioneer Eric Voorh, Lightning Labs’ Elizabeth Stark,…

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In terms of the technical chart, the Litecoin is placed very well.  The recent lows are only the least points in the upward rising price trend.

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The 500-million added to the market capitalization of the Litecoin Rally comes at a point in time when the crisis has hit Venezuela.

The Currency Analytics

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