Egypt: Devaluation, Financial Support Mitigate Near-term Risks, But Challenges Remain

Georgia’s Credit Outlook Constrained By Geopolitical Sensitivities, Institutional Risks

Five Things to Know in Crypto This Week: Coinbase and Ripple in SEC Vice

France: Higher-than-expected 2023 Deficit Tests Fiscal Targets

ADP Report: US Labor Market Booms with Strong Job Growth

March Jobs Report to Shape Fed’s Policy and Market Trends

Türkiye: Opposition Victory Makes Continuation Of Policy Normalisation More Likely

Silver Is Heading Towards The $30.00 Level

Five Things to Know in Crypto This Week: BTC Sees Red Despite BTC-Spot ETF Inflows

Bitcoin ETFs: BlackRock adds Citi, Goldman Sachs and others as Authorized Participants

March CPI Report: A Crucial Moment for Gold Investors

Japan: Improved Inflation And Positive Effects For Debt Sustainability Underpin Stable Outlook

Five Things to Know in Crypto This Week: SEC Targets Uniswap as Ripple Gains Legal Edge

Crude Inventories Rise By 2.7 Million Barrels, Exceeding Analyst Expectations

IC Markets and APG University Release Soft Launch Of Prop Trading Offerings

Middle East Crisis: Geopolitics Remains a Downside Risk for the Global Economic and Credit Outlook

Extended High Interest Rates Forecast to Impact Economic Stability

Unemployment Claims: Steady; Philly Fed Survey: Manufacturing Strengthens

Malaysian Traders to Access the Dynamically Evolving Octa Trading Ecosystem

EIA Natural Gas Storage Build Of +50 Bcf Misses Estimates

UK Retail Sales Stalled in March Amid Mixed Signals from the BoE

STARTRADER Is Soon to Shine at Money Expo Colombia 2024

Patch Up Your Easter with PU Prime

Upcoming Q1 Earnings: P&G and AmEx Expected to Rise, Banks to Show Variability

P&G Reports Mixed Q3 Results, Raises Full-Year Outlook

B2Core iOS Update: Increasing Productivity with a New Centroid Integration

Evolution and Current State of Global Crypto Adoption

Five Things to Know in Crypto This Week: The Halving, the Fed, and the Middle East

Will Next Week’s Big Tech Earnings Reinvigorate the Market?

The Week Ahead: US Inflation, Private Sector PMIs, and the Bank of Japan in Focus

Gold Prices at a Crossroads: Indicators Signal Caution

German Services PMI Rises to a 10-Month High 53.3 in April

Hang Seng Index, Nikkei Index, ASX 200: Aussie Inflation Puts the ASX in Focus

The Market News Today: Tesla Faces Sales Decline and Layoffs Ahead of Earnings

Crude Oil News Today: Stable Amid Geopolitical Tensions, Strong Euro Zone Data

AUD to USD Forecast:  Eyes on Aussie Inflation and RBA Rate Path

NASDAQ 100 Price Forecast – NASDAQ 100 Continues to Build a Base

S&P 500 Price Forecast – S&P 500 Continues to Build Support

Natural Gas News: Prices Weaken Amid Overnight Weather Shift

S&P 500: Upcoming Earnings Lift Hope

Bitcoin Price Forecast – Bitcoin Pulls Back Slightly

Crude Oil Price Forecast – Crude Oil Continues to Be Volatile

Composite PMI Drops To 50.9, Missing Analyst Expectations

US Dollar (DXY) Index News: Greenback Tumbles Following Bearish PMI Data

Natural Gas Price Forecast – Natural Gas Continues to Consolidate

Gold Price Slides Even Without Dollar’s Help!

Nasdaq 100, Dow Jones, S&P 500 News: Wall Street Gains Momentum on Tech, Automotive Earnings Surge

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back As Composite PMI Misses Expectations

Is The Dip In Commodities A Buying Opportunity?

Gold, Silver, Platinum Forecasts – Gold Rebounds From Session Lows As Dollar Pulls Back

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds On Rate Cut Hopes

Ripple (XRP) Price Forecast: This $930M Signal Could Decide Next Move

NASDAQ Index, SP500, Dow Jones Forecasts – Major Indices Rally As Traders Buy Tech Stocks

Natural Gas Price Forecast: Potential for Bullish Momentum Builds

Gold Price Forecast: Intraday Bullish Reversal Shows Strength

Bitcoin Price Forecast: Testing Resistance Levels after Bounce from Support

Tesla Faces Steepest Revenue Drop Since 2012 Amid Market Challenges

DAX Index Today: Eyes on German Business Climate and US Core Durable Goods

USD/JPY Forecast: Balancing BoJ’s Warning Signals with US Durable Goods Orders

XRP News Today: Ripple Counters SEC’s $2B Penalty Request in Court Filing

Bitcoin (BTC) News Today: Deciphering Spot ETF Flow Data Amidst SEC Decision

EUR/USD, GBP/USD, DXY Price Forecast: DXY Dips Below 106; Market Correction Ahead?

Natural Gas and Oil Forecast: US Stock Decline Spurs Price Surge; Buy Today?

Gold (XAU) Daily Forecast: Eyes on $2333 Pivot as Dollar Weakens

Silver (XAG) Daily Forecast: Dips to $27.15; Will Trendline Spur Buying?

Understanding Bitcoin’s Fourth Halving: Valuable Insights for Investors

Markets

Crypto

News

Forecasts

Forex Brokers

Calendars

Macro Data

About us

Bitcoin

Ethereum

Shiba Inu

Trade Now

Apple

Economic Calendar

Commodities

Litecoin is a peer-to-peer cryptocurrency created by Charlie Lee. It was created based on the Bitcoin protocol but differs in terms of the hashing algorithm used. Litecoin uses the memory intensive Scrypt proof of work mining algorithm. Scrypt allows consumer-grade hardware such as GPU to mine those coins.

Why Litecoin?
Litecoin is a cryptocurrency that has evolved from Bitcoin after its own popularity in the industry, this alternative, or ‘altcoin’ has emerged to allow investors to diversify their digital currency package, according to Investopedia. Litecoin is one of the most prominent altcoins and was created by former Google employee and Director of Engineering at Coinbase, Charlie Lee. Litecoin was the first to alter Bitcoin and the most significant difference is that it takes 2.5 minutes for Litecoin to generate a block, or transaction, in comparison to Bitcoin's 10 minutes.

‘While this matters little to traders, miners who use hardware to run Bitcoin's network cannot switch over to Litecoin. This keeps bigger mining conglomerates away from Litecoin because they cannot easily optimize their profits by swapping to another coin, contributing to a more decentralized experience. Litecoin also has bigger blocks, and more coins in circulation, making it more affordable and swift when transacting,’ Investopedia explained.

As explained above, Litecoin can transact a lot faster than Bitcoin, but there are also a number of other characteristics that investors need to know before trading. Litecoin can handle higher volumes of transactions because of the capability of transacting faster and if Bitcoin attempted to transact on the scale of its altcoin, a code update would be needed. However, Litecoin’s blocks would be larger, but with more ‘orphaned blocks'. The faster block time of litecoin reduces the risk of double spending attacks - this is theoretical in the case of both networks having the same hashing power.

Litecoin Technical Details:
The transaction confirmation time taken for Litecoin is about 2.5 minutes on average (as compared to Bitcoin's 10 minutes). The Litecoin network is scheduled to cap at 84 million currency units. 

Litecoin has inspired many other popular alternative currencies (eg. Dogecoin) because of its Scrypt hashing algorithm in order to prevent ASIC miners from mining those coins. However it is said that by the end of this year, Scrypt ASIC will enter the mass market.

Litecoin

United Arab Emirates Dirham

Argentine Peso

Australian Dollar

Bitcoin Cash

Bangladeshi Taka

Bahraini Dinar

Bits

Bermudian Dollar

Binance Coin

Brazil Real

Canadian Dollar

Swiss Franc

Chilean Peso

Chinese Yuan

Czech Koruna

Danish Krone

Polkadot

Ether

Euro

British Pound Sterling

Georgian Lari

Hong Kong Dollar

Hungarian Forint

Indonesian Rupiah

Israeli New Shekel

Indian Rupee

Japanese Yen

South Korean Won

Kuwaiti Dinar

Chainlink

Sri Lankan Rupee

Burmese Kyat

Mexican Peso

Malaysian Ringgit

Nigerian Naira

Norwegian Krone

New Zealand Dollar

Philippine Peso

Pakistani Rupee

Polish Zloty

Russian Ruble

Saudi Riyal

Satoshi

Swedish Krona

Singapore Dollar

Thai Baht

Turkish Lira

New Taiwan Dollar

Ukrainian hryvnia

US Dollar

Venezuelan bolívar fuerte

Vietnamese đồng

Silver - Troy Ounce

Gold - Troy Ounce

IMF Special Drawing Rights

Lumens

Yearn.finance

South African Rand

View live {name} chart to track the latest price changes. {symbol}/USD interactive price chart, real-time data, and historical trends for informed decisions

{name} ({symbol}/USD) Advanced Live Price Chart

View live {name} chart to track the latest price changes. {symbol}/USD price chart, real-time data, and historical trends for informed decisions

{name} ({symbol}/USD) Live Price Chart

Discover {name} ({symbol}) price history. View historical data sorted by date range with open and close prices, trading volume and market cap

{name} Price History - {symbol} Historical Data & Trends

Access live cryptocurrency prices, market capitalization, trading volume, and charts for thousands of crypto coins and tokens. Explore comprehensive data organized by market cap, volume and more

Cryptocurrency Prices - Real-time Market Data Updates

Today’s Top Cryptocurrencies Prices, Charts and Market Cap - Page {page}

Explore current {category} coin prices organized by market cap, along with 24-hour trading volume data and price shifts

Top {category} Coins by Market Capitalization

Top {category} Coins by Market Capitalization - Page {page}

Discover the best exchanges to buy, sell, and trade {name} ({symbol}) coin. Sort {symbol} markets and trading pairs by price, trading volume and more

{name} ({symbol}) Exchanges - Where to Buy, Sell & Trade {symbol}

Stay up-to-date with the latest {name} price forecasts, predictions and news. Explore expert analysis and insights that provide valuable information to help you make informed decisions

{name} ({symbol}) Price Forecasts, Predictions & News

Access real-time {symbol} to USD rates and explore today's {name} price with live updates, user-friendly charts, news forecasts and market cap data

{name} Price Today - Live {symbol} to USD Chart & Rate

Stay informed on crucial {name} info and statistics with the coin’s description and history, essential details, and valuable links

{name} ({symbol}) Coin Profile, Info and Statistics

Filters

The content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The content of the website is not personally directed to you, and we does not take into account your financial situation or needs.The information contained in this website is not necessarily provided in real-time nor is it necessarily accurate. Prices provided herein may be provided by market makers and not by exchanges.Any trading or other financial decision you make shall be at your full responsibility, and you must not rely on any information provided through the website. FX Empire does not provide any warranty regarding any of the information contained in the website, and shall bear no responsibility for any trading losses you might incur as a result of using any information contained in the website.The website may include advertisements and other promotional contents, and FX Empire may receive compensation from third parties in connection with the content. FX Empire does not endorse any third party or recommends using any third party's services, and does not assume responsibility for your use of any such third party's website or services.FX Empire and its employees, officers, subsidiaries and associates, are not liable nor shall they be held liable for any loss or damage resulting from your use of the website or reliance on the information provided on this website.

Important Disclaimers

This website includes information about cryptocurrencies, contracts for difference (CFDs) and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.FX Empire encourages you to perform your own research before making any investment decision, and to avoid investing in any financial instrument which you do not fully understand how it works and what are the risks involved.

Risk Disclaimers

Name