Bitcoin Support Coming? PayPal Files Patent for Payment Device That Accepts Cryptocurrencies

PayPal Inc. has filed a patent application for a modular payment device that accepts bitcoin and other digital currencies. The application, filed with the U.S. Patent & Trademark Office, includes a lengthy description of how it manages virtual currencies and it specifically names bitcoin, Litecoin and Dogecoin. The application also describes physical characteristics of the […]

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Non-Bitcoin Asset Blockchain Market Capitalizations Jump 1,600% in 3 Years

Bitcoin remains king of the hill in blockchain market capitalization, but alternative asset blockchains are nipping higher at bitcoin’s heels. Non-bitcoin asset blockchains have expanded market value significantly in the last three years, jumping 1,600% while bitcoin’s market gap grew 300%, according to an analysis of coinmarketcap data by Venturebeat. The article, written by Alex […]

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These Are The Most Popular Digital Currencies Three Years Running

In Bitcoin, there is much discussion about alt-coins, as if many of these are actually legitimate. Many alt-coins are pre-mined, causing them to lose much of their legitimacy. If a coin has been pre-mined, it should automatically be crossed off your digital currency investment list. Further, many quite simply don’t have the adoption rate to […]

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How Bitcoin & Litecoin Could Fail

One the most influential inventors of a cryptocurrency doesn’t believe that his invention, or Bitcoin for that matter, are necessarily here to stay. Litecoin was designed by Charlie Lee to be the so-called “silver” to Bitcoin’s “gold” in the popular analogy that compares the digital currency to the precious metal. On Wikipedia, it states that […]

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Podcast Episode 12: Litecoins and Gravy

In this episode I talk to the host of Bitcoins and Gravy, John Barrett, about many things, including being a performer working for Bitcoin. Later in the episode, after The Ode to Satoshi is played, Andrew Vegetabile from the Litcoin Association comes on board to talk about the recent rise of Litecoin, and things related to the major altcoin. If you have any requests for people you’d like to see featured on this podcast, just e-mail me at paul.madore@cryptocoinsnews.com. Thanks! Featured image from Shutterstock.  

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WTF Just Happened to Litecoin and Bitcoin?

Bitcoin jumped more than 10 USD within a few minutes climbing above 290 USD while the Litecoin price plunged with more than 35%. Was it a big Litecoin “whale” or “bag holder” that sold off his/hers entire stack of litecoins just to go all in on Bitcoin? Some even claim that a ponzi scheme pumped the Litecoin price. You can read the article explaining it here. We are investigating the claim and will present our findings within 24 hours. To whomever sold litecoins: enter your comments below and give us your thoughts on your executed sell orders. It would be […]

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Breaking: Litecoin has Crashed and Lost 35%

Litecoin just shed nearly 40% of its value in a matter of minutes. It’s understandable, seeing as Litecoin gained more than 200% in a matter of days. “The original altcoin” is also experiencing tremendous turnover, overtaking bitcoin in 24h trading volume (USD) for a time this morning. While the currency seems to have stabilized around $6.50/LTC, volatility is still very high and it make take some time for the market correction to play out. Bitcoin has not experienced any action that appears to coincide with the Litecoin crash. It seems the crash is isolated to Litecoin, but with the Litecoin halving approaching, it’s possible […]

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Litecoin Overtakes Bitcoin in Trading Volume

Litecoin, the original altcoin, was created in 2011 and is very similar to bitcoin in all but a few aspects. Intended to be “The silver to bitcoin’s gold”, Litecoin has surpassed bitcoin in daily trading volume (USD). A few takeaways from the chart: Litecoin’s 24h trade volume is nearly $8m more than bitcoin Litecoin has surpassed Ripple, nearly overnight, to reclaim it’s spot as the second largest coin Litecoin is experiencing rapid growth, more than doubling in the past few days Litecoin and bitcoin have both experienced rising prices amid the Greek debt crisis and other global uncertainty. However, while […]

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Litecoin Rising: More Than 200% Gains in a few Days

Naysayers have been kicking themselves in the pants the past few days as the price of Litecoin has shot up from historic lows and is now pushing towards $10 per coin. Renewed interest in one of the oldest, most successful alternative cryptocurrencies has driven buy pressure likely added to by an upcoming halving of the block reward, meaning a reduction in new coins introduced into the economy. The halving of the block reward is the most likely explanation, although there would have remained a high number of cheaper sell orders on the market from previous mining. (Editor’s input: It might […]

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Litecoin Association Director Urges Paycoin Community to “Put Their Foot Down”

In a statement released to CCN and a few other outlets this morning, which is available in full below, Litecoin Association Director Andrew Vegetabile urges the Paycoin community to “put their foot down” in regards to the actions of Homero Josh Garza, the owner of GAW miners. Garza is the CEO of the widely-defamed “Geniuses […]

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Litecoin Association Director Urges Paycoin Community to “Put Their Foot Down”

In a statement released to CCN and a few other outlets this morning, which is available in full below, Litecoin Association Director Andrew Vegetabile urges the Paycoin community to “put their foot down” in regards to the actions of Homero Josh Garza, the owner of GAW miners. Garza is the CEO of the widely-defamed “Geniuses […]

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