Litecoin

  • ShapeShift, A Cool Cryptocurrency Converter, Clinches $1.6 Million In Cash

    ShapeShift, A Cool Cryptocurrency Converter, Clinches $1.6 Million In Cash

    Do you need Clams? Nucoin? ShapeShift.io is here to help. This oddly simple system is a universal and anonymous cryptocurrency converter created by one of the pioneers in bitcoin, Erik Voorhees. How does it work? You request a certain cryptocurrency – Litecoin, for example – and give the service a deposit address. Then you simply deposit another currency – Bitcoin, for… Read More

  • The Bitcoin-Litecoin Decoupling, Redux

    The Bitcoin-Litecoin Decoupling, Redux

    The price of litecoin and bitcoin, two of the most prominent cryptocurrencies, once saw their prices go up and down in something approaching a consistent ratio. That’s to say that bitcoin was always worth far more than litecoin, but the two coins saw their value rise and fall roughly in step with each other. In June, that started to fall apart. Noting the decoupling, TechCrunch… Read More

  • Litecoin Slumps As Bitcoin Recovers Some Of Its Former Luster

    Litecoin Slumps As Bitcoin Recovers Some Of Its Former Luster

    During the height of the 2013 Bitcoin bubble, Litecoin soared, crossing the $40 mark late in the year. Since then, mostly tracking Bitcoin, Litecoin’s value has faded. Today, you can buy a Litecoin for just under $9. That cryptocurrencies are dealing with post-bubble excesses is hardly news. What’s more interesting is that Litecoin, which largely followed Bitcoin’s price… Read More