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Litecoin (LTC) Preparing to Skyrocket, One More Dip in Store: Analyst

Litecoin May Soon See Dip Before Halving Boom

All eyes seem to be on Bitcoin (BTC), but Litecoin (LTC) may be the first to move dramatically. The latter crypto asset’s “halving” event is coming up in under 100 days, during which the amount of LTC issued per block will be cut in half. This, for those unaware, is presumed to have a positive effect on the Litecoin price, simply due to basic supply-demand economics.

One analyst, however, is warning that that there may be one more dip in store for Litecoin prior to this auspicious event. In a recent tweet, analyst Financial Survivalism claimed that Litecoin’s chart is currently experiencing a cup and handle pattern, which, to play out completely, will see LTC dip to 0.0136 to 0.0142 against BTC in the coming months.

If this, coupled with a rally back to year-to-date highs, comes to fruition, Litecoin would have completed a “beautiful cup with two handles” pattern, which would set LTC up for the halving just fine.

As reported by Ethereum World News previously, Survivalism claimed that from a longer-term point of view, Litecoin still has a lot of room to run. He notes that prior to the cryptocurrency’s previous block reward reduction, which happened in mid-2015, LTC rallied strongly against Bitcoin, eventually finding a parabolic peak right after the auspicious event. Then, Litecoin sold off against Bitcoin, falling into the latter’s halving event.

If historical trends hold up this time around, LTC will continue to rally against BTC — potentially doubling from 0.0148 where it is now to around 0.0270 — in the coming three-odd months. If Bitcoin continues higher from here, this rally in the altcoin could translate into a $250+ Litecoin by the time of the halving.

Spend LTC With New Crypto Initiative

Regardless of price action, the Litecoin Foundation, the Singapore-based foundation behind most of the development of the chain and its ecosystem, recently made an interesting announcement that accentuates its goal to push adoption of crypto assets.

Announced Tuesday via a press release, the Litecoin Foundation and two crypto industry partners, Bibox Exchange and Ternio, will soon be releasing the “Litecoin BlockCard”.

This product, which will take the form of a classic debit card, will allow its users to spend LTC, Bibox Token (BIX), or Ternio (TERN) either online or in physical stores, as long as those merchants accept plastic.

Through this collaboration, Ternio, an “enterprise-grade blockchain technology” startup, will provide its BlockCard technology; Bibox is offering cryptocurrency exchange and a security solution for assets loaded on the card; the Litecoin Foundation is presumably offering a chance to push the adoption and usability of the product.

While this is unlikely to have a positive effect on LTC’s value, it is a good sign for the growth of the underlying cryptocurrency industry.

The BlockCard joins similar recently-launched initiatives from Coinbase (the Coinbase Card) and Flexa, which earlier this year released “Spedn”, a crypto payments solution that allows its users to spend assets like Bitcoin, Ethereum, and Gemini’s stablecoin (GUSD) in stores from Amazon’s Whole Foods to Bed, Bath, & Beyond and GameStop.

Photo by Daniel Mayovskiy on Unsplash

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Litecoin’s Charlie Lee Agrees to Meet with Warren Buffett, Tron CEO Sun

Litecoin Founder Attending Lunch With Billionaire Buffett & Tron CEO

At last, it seems Tron chief executive Justin Sun has his first confirmed RSVP to the four-million-dollar lunch with Warren Buffett. Announced today via Twitter, Charlie Lee, the founder of Litecoin (LTC) and a former employee of both Google and Coinbase, will be attending the lunch, slated to take place in about two weeks at an undisclosed location in the Bay Area, presumably a nice steakhouse (or a place serving avocado toast) — something to wow the investor dubbed the “Oracle of Omaha”.

In a tweet, Lee, a long-time Bitcoin supporter, explains that he is “excited about this opportunity to meet a legend.” It is believed that Lee mainly lives in California, meaning that he shouldn’t need to travel far to attend the star-studded event. Lee is the first guest that Sun has been able to confirm an RSVP. The Tron founder previously invited Changpeng “CZ” Zhao of Binance, whom he is close friends and business partners with, but Zhao denied due to availability concerns.

This news comes after Sun, the enigmatic mind behind Tron, BitTorrent, and other entrepreneurial ventures, ventured on Twitter that he would try and invite legends in the cryptosphere.

Interestingly, Lee didn’t make it to the lists of guests proposed by industry pundits. As reported by Ethereum World News, Anthony Pompliano, known for his incessant use of “Long Bitcoin, short the bankers”, explained that Andreas Antonopoulos, analyst/economist Murad Mahmudov, the SEC’s Hester Pierce, Fidelity’s Abigail Johnson, former Wall Street banker Caitlin Long, CZ, and Vijay Boyapati would be a “dream team” for the lunch to convince “Buffett of Bitcoin’s future potential.”

Such a team, known for their revolutionary thoughts about BTC and their clout on Wall Street and in other arenas, would likely give Buffett a bit more to think about Bitcoin than “rat poison”.

It isn’t clear who else Sun has invited, but they likely include the founders of other prominent cryptocurrencies and startups in the sphere. Maybe he even tried to shoot an email or encrypted line to Satoshi Nakamoto.

Is Buffett’s Opinion Worth Fighting For?

Should we really try and convince Buffett of Bitcoin’s future, though? As Ethereum World News suggested, in a previous report, it’s actually not too much of a worry that the billionaire investor is skeptical of the crypto asset industry.

Buffett might even be a lost cause. Wences Casares, the chief executive of Xapo that is best known for convincing many execs on Silicon Valley and Wall Street to look into Bitcoin, wrote that he tried to talk to the American investor twice, but failed each time.

We will have to see.

Photo by Sander Dalhuisen on Unsplash

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Litecoin (LTC) May Soon Collapse, Despite Bitcoin Divergence & Halving Hype

The Bitcoin & Litecoin Halvings

Just as Bitcoin (BTC) has so-called “halvenings”, Litecoin (LTC) does too. While the popular altcoin is different than its proverbial godfather, sporting a different block hashing algorithm, quicker block times, and a different focus, Litecoin has block reward reductions built in. Ever four years, the amount of LTC issued per block halves in an event known as a “halving”, “halvening”, or the more formal “reduction in supply issuance/inflation”.

Why Satoshi Nakamoto, the creator of Bitcoin, built this mechanism into his brainchild we do not know, but it likely has to do with the programmer’s supposed distaste towards centralized financial institutions, many of which have the ability to print money at will and without the public’s explicit knowledge.

LTC Could Collapse From Here

Due to simple supply-demand economics, many are sure that as Litecoin’s halving nears for this August, LTC could surge.  Per a number of analysts, however, Litecoin may be poised to collapse instead of rally to the ‘moon’. In a recent tweet, Brave New Coin’s Josh Olszewicz suggested that the asset’s one-day chart isn’t looking all too hot.

He explains that the asset is currently in the midst of a rising wedge, and has also seen a bearish divergence in its Relative Strength Index (RSI). This, coupled with the fact that LTC has strayed far above its 200-day exponential moving average makes Olszewicz believe that death, meaning a collapse to $55-$70 range, might be “imminent”.

The analyst isn’t the first to have brought this up. Nunya Bizniz, an analyst and commentator that recently claimed that the Bitcoin bull run is most likely on notes that if history is of any guide, Litecoin is on the verge of collapse.

As seen below, LTC rallied by 700% from the bottom to its peak during 176 days in 2015, then collapsed into its halving. The odd thing is, Litecoin has just completed that exact pattern, rallying 700% in the past six-odd months. Barring that historical trends don’t hold up today, Litecoin could fall back down to double-digits in the coming months.

Some have been a tad more optimistic, though. According to a recent tweet from analyst Financial Survivalism, Litecoin still has a lot of room to run. He notes that prior to the cryptocurrency’s previous block reward reduction, LTC rallied strongly against Bitcoin, eventually finding a parabolic peak right after the auspicious event.

If historical trends hold up this time around, LTC will continue to rally against BTC — potentially doubling from 0.0148 where it is now to around 0.0270 — in the coming three-odd months. If Bitcoin continues higher from here, this rally in the altcoin could translate into a $250+ Litecoin by the time of the halving.

Title Image Courtesy of Marco Verch Via Flickr

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‘Halvening’: Litecoin (LTC) Could Double Against Bitcoin in Coming Months

Litecoin May Run Into Late-2020’s Halving

Just as Bitcoin (BTC) has so-called “halvenings”, Litecoin (LTC) does too. While the popular altcoin is different than its proverbial godfather, sporting a different block hashing algorithm, quicker block times, and a different focus, Litecoin has block reward reductions built in. Ever four years, the amount of LTC issued per block halves in an event known as a “halving”, “halvening”, or the more formal “reduction in supply issuance/inflation”.

Why Satoshi Nakamoto, the creator of Bitcoin, built this mechanism into his brainchild we do not know, but it likely has to do with the programmer’s supposed distaste towards centralized financial institutions, many of which have the ability to print money at will and without the public’s explicit knowledge.

Due to simple supply-demand economics, many are sure that as Litecoin’s halving nears for this August, LTC could surge. We’ve already received a taste of what the cryptocurrency market is feeling, as Litecoin has already rallied by 286% year-to-date (per Messari), ousting most altcoins and even the venerable Bitcoin.

According to a recent tweet from analyst Financial Survivalism, Litecoin still has a lot of room to run. He notes that prior to the cryptocurrency’s previous block reward reduction, which happened in mid-2015, LTC rallied strongly against Bitcoin, eventually finding a parabolic peak right after the auspicious event. Then, Litecoin sold off against Bitcoin, falling into the latter’s halving event.

If historical trends hold up this time around, LTC will continue to rally against BTC — potentially doubling from 0.0148 where it is now to around 0.0270 — in the coming three-odd months. If Bitcoin continues higher from here, this rally in the altcoin could translate into a $250+ Litecoin by the time of the halving.

Hype Growing For the Bitcoin Halving Too

Litecoin’s halving isn’t the only one being widely anticipated by the cryptocurrency industry. Just weeks ago, two actually, Bitcoin’s halving countdown fell to just one year.

The inflation of most assets can be hard to predict. Just look at the Venezuelan Bolivar as a perfect case in point. But with Bitcoin, we can determine what its inflation will be in ten years, but not the U.S. dollar. For all we know — and as some cynics speculate — something like the U.S. Dollar may be subject to hyperinflation by the next decade, as a result of fiscal irresponsibility and mismanagement.

This, coupled with the simple laws of supply and demand, have led many in the industry to suggest that the next halving will be entirely bullish for the Bitcoin price. In fact, Bloomberg reports that in a recent Twitter poll, 61% of some 2,500 users believed that BTC will rally into May 2020 and afterward, citing supply and demand economics to back their cheery expectations. But will this really happen?

We’ll have to wait and see.

Title Image Courtesy of Marco Verch Via Flickr

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Litecoin Closing on BCH as Halving FOMO Pumps LTC

Litecoin LTC Flip XRP

There has been very little action for the majority of
cryptocurrencies over the past day or two. Bitcoin’s consolidation has left the
rest of the altcoins in limbo. There are a couple moving though and Litecoin
keeps strengthening as fundamentals push LTC even higher.

Crypto markets have barely moved in the past couple of days
as Bitcoin teeters on the edge of a big correction. There is always a bit of
fomo going on though and Litecoin is getting it with another 10 percent gained
today.

With less than 60 days to go before the LTC halving event, Litecoin is
looking strong. Over the past few hours it has surged from just over $100 to
$112 according to tradingview.com.

litecoin

Momentum is building as the premise of reduced supply and
increased demand and mining difficulty in less than two months drives prices
higher. Scarcity is a big driver of demand and with almost 74% of all Litecoins already minted
there is only 21.8 million left to be mined. Many have advocated that the
silver to Bitcoin’s gold should really be priced at around 10 percent of BTC.
This would put Litecoin at $780 at current prices.

Back to reality, resistance currently lies around $120 which
is where LTC topped out during the recent run late last month. It is the
highest price Litecoin has reached in 2019 and an epic 300 percent higher than
it was trading at on January 1st.

Daily volume has reached $4.7 billion which has sent market
cap hurtling towards $7 billion. At the time of writing LTC was only $100k or
so behind Bitcoin Cash so a flippening for fourth could well be imminent. EOS
has dumped in recent days and is now over $1 billion in market cap behind
Litecoin.

Network hash rate
is also at an all-time high and is likely to increase over the next 60 days.
According to the charts hash rate is currently 373.918 Thash/s which is the
total amount of computing resources dedicated to the network. According to the official
website
the increase may be caused by the rumored new L5 Bitmain ASIC
Scrypt miner that has been hinted at online.

If Bitcoin
corrects further as expected
, Litecoin may well drop back below $100, but
it won’t stay there for long. There is every possibility that it could double
from current prices as we approach August. The fomo is pretty strong leading up
to a halving event as past events have shown.

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Bitcoin, Litecoin Transactions Now Available on WhatsApp

The popular instant messaging platform now allows its users to transfer Bitcoin and Litecoin via a new bot, ahead of Facebook that also eyes WhatsApp audience for the use of its stablecoin

The area of crypto transactions is getting wider as the ‘crypto winter’ remains in the past. Now, more platforms offer to conduct crypto transactions for you – and they are not only exchanges or crypto wallets. Even though, some market players started targeting popular messaging platforms for introducing crypto payments, now another company is joining this club.

On Sunday, Zulu Republic tweeted that they had launched a special bot for WhatsApp users to send and receive such currencies as Bitcoin (BTC) and Litecoin (LTC) using a new Lite.Im bot.

Earning crypto on WhatsApp

To send or receive crypto through the new WhatsApp bot, you just need to install it and check on-screen prompts. The bot also enables users to earn some crypto by referring friends and ensuring they install it as well.

At the moment the bot has two language options – Spanish and English. Apart from BTC and ETH, it allows sending and receiving the native token of Zulu Republic – ZTX.

Crypto payments in other messaging apps

Crypto startups are doing their best to make crypto adoption deeper and with a wider coverage. Some companies are going even further and are introducing crypto transactions via regular SMS. This option is much easier to use for those who are not good with gadgets.

In February, it was reported that a crypto wallet Wuabit was also planning to start performing operations with crypto on WhatsApp, Viber, Telegram and SMS too.

Earlier this year, the Lite.Im bot was also launched for Facebook Messenger, Telegram and again – SMS.

Zulu Republic believes that messaging
platforms are crucial for spreading crypto adoption as wide as possible.

Mobile crypto transactions in such third-world regions as Africa and Asia are letting numerous unbanked people have access to the global financial system, online payments and providing them with bigger opportunities.

Competing with future Facebook’s crypto

It is now common knowledge that the social media heavyweight Facebook is busy developing its own stablecoin. A special blockchain division and a recently founded startup in Switzerland are doing the job.

In the light of this, all bots and wallets that offer crypto transactions on platforms that belong to Facebook (Messenger, WhatsApp, Instagram) may be viewed as rivals to Mark Zuckerberg’s company and get relevant measures applied against them.

Photo by Rachit Tank on Unsplash

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LTC Creator Says It’s Silly Not Having LTC Just Because He Doesn’t

Charlie Lee, the creator of Litecoin, shows no regrets for having sold all his LTCs. So he told LauraShin in an interview for the Ep. 116 of her podcast “Unchained”.

Laura Shin Hosts the "Unchained" Podcast, and recently interviewed Litecoin (LTC) Creator
Laura Shin Hosts the “Unchained” Podcast

Charlie Lee has been harshly criticized for selling his tokens in 2017 when LTC was in the midst of a bulllish trend that led it to reach ATHs. This decision led many analysts and enthusiasts to accuse Lee of not trusting his own project.

However, Lee has replied on many occasions that
he did so to free himself from the pressure inherent to market volatility in
order to have more time and willingness to concentrate on the development of
Litecoin at the technological level and as an ecosystem.

The Creator of Litecoin was blunt in his
response. He commented that from his point of view, it is very immature to not
buy or trade LTC under the excuse that he sold his tokens:

If you’re not holding onto Litecoin because I don’t have any, then your reason for holding and using Litecoin is just silly to begin with.

Although this happened two years ago, and Charlie Lee was completely transparent with the community, it seems that the sale of tokens is a burden he will have to deal with throughout his life, as his followers do not seem to forget or accept this fact.

The Creator of Litecoin (LTC) Is Not The Only One Who Sold His Tokens

This phenomenon does not exclusively affect
Charlie Lee, however, the community has been tougher on him than on other known
influencers who have done the same.

Recently, David Schwartz, Ripple CTO, received harsh criticism after selling large amounts of XRP. One user commented that this was a clear bearish flag, pointing out it was suspicious that Schwartz was selling XRP at such a low price.

However, unlike what happened to Lee, with
Schwartz much of the XRP Army came in his defense, going so far as to attack
the twitter user who shared this information.

Unlike Lee, Schwartz explained to the community that his motives were oriented towards a “de-risking strategy”, pointing out that having almost all his patrimony invested exclusively in XRP was dangerous for his future and that of his family and that there is no trader who recommends following this practice no matter how bullish a certain good is at the moment.

Lee spoke about other things, however one of
the most curious moments was when he explained that crypto currencies could not
be compared with traditional financial services because they have very
different characteristics:

Litecoin is both a store of value and a payment method. So you can’t compare that to Visa, which is not a store of value. Plus, you can’t compare cryptocurrency marektcaps with businesses.

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Buy Bitcoin, Sell Litecoin (LTC)? Abra CEO Begs To Differ

Buy BTC, Sell LTC?

For some odd reason, the recent rally in the Litecoin price has sparked a debate about its long-term staying power, especially in an industry continually dominated by its parent chain, Bitcoin (BTC). The popular altcoin may be up over 300% since December’s bottom, but many are still taking issue with it. In fact, Mike Novogratz, the head of Galaxy Digital, recently explained that LTC is overvalued and that investors should buy BTC instead.

Novogratz, a proponent for primarily Bitcoin and Ethereum, explained that silver’s $15 billion market capitalization is 0.17% that of gold, which sports a hefty $8.5 trillion valuation. But, LTC — being historically the silver to digital gold Bitcoin — has 6.4% of BTC’s market capitalization. He adds that Litecoin is just a “glorified testnet for Bitcoin.” This, of course, implies that the investor thinks that LTC is too highly valued for its own good.

However, Bill Barhydt, CEO of Abra, recently came to the asset’s rescue in a segment with Cheddar, a media startup. The American entrepreneur, formerly of NASA, the CIA, and Goldman Sachs, explains that whether it be Ethereum, XRP, or otherwise, many other chains are solving problems in their own right, with “Litecoin is the perfect case in point.” Barhydt explains that Litecoin’s move to integrate MimbleWimble, a privacy solution, and the chain’s classification as the “perfect Bitcoin test bed” cements its value in this ever-changing ecosystem.

Barhydt isn’t speaking out of his rear end, so to speak, as his company has used the chain for practical purposes. The Abra chief tells me in an interview that Abra, which provides financial services through blockchain-based contracts, uses Litecoin and Bitcoin currently. While the latter bears much of Abra’s load at the moment, the former is what Barhydt sees as a way for his company to increase liquidity and mitigate risks of network clog. The fact that Litecoin’s block times are one-quarter that of Bitcoin helps, I’m sure.

And Charlie Lee thinks that too. In a recent tweet, the Litecoin creator fought back against LTC bears. Lee, a former Coinbase employee, explains that Litecoin has value especially when Bitcoin has high transaction fees. In fact, with a platform called Boltz, a cross-chain “submarine swap” can allow users to send LTC to fill up their BTC wallet, this being a use-case for the former in and of itself.

Critics Double-Down On Bitcoin Love, Litecoin Skepticism

Yet, many have still maintained that LTC might not survive in the long run. In response to Charlie Lee’s above tweet, Francis Pouliot, a prominent figure in the Canadian Bitcoin space, called LTC investors “suckers.” CobraBitcoin remarked that Lee sounded awfully like Roger Ver. And Mr. Hodl noted that Charlie shouldn’t have a reason to keep on trying to “pamp [LTC],” citing the insider’s move to liquidate his stack.

Regardless, analysts have come to the conclusion that the altcoin will rally no matter how sentiment fares. As established in previous reports, commentators across the board see Litecoin’s block reward reduction as a decidedly bullish catalyst for LTC.

Photo by Alex on Unsplash

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Why Has Litecoin and Bitcoin Cash Kept Market Momentum Moving?

All eyes have been on Bitcoin this week as it fired up engines and lifted off with a surge of 20% in a couple of days. The move has had the time tested effect of pulling the entire crypto market up as over $30 billion poured back into digital currencies. BTC has not been the only mover though as other altcoins have registered greater gains and two of them are still climbing.

Double Flippening as BCH Takes Fourth

Bitcoin Cash has been on fire this week, far outpacing gains made by its big brother. Earlier this week BCH was trading at around $170 with a daily volume of roughly $460 million. Once the Bitcoin bulls got into gear, its younger sibling literally exploded with a 100% pump to $340 in just two days. Volume is off the chart and has jumped to over $4 billion which is what Bitcoin was trading earlier this year.

Since the spike Bitcoin Cash has corrected to $300 but is
still up over 75% which is more than triple what BTC has made. The move has
enabled BCH to flip both EOS and Litecoin in terms of market cap which is now
$5.3 billion according to Coinmarketcap.com.
Bitcoin Cash has doubled in price since the beginning of 2019 and has been one
of the best performers in this latest rally.

Analysts are looking at a next major resistance level at
$400 as it approaches key long term resistance indicators.

Even Forbes
is now covering BCH and indicates that an increase in Bitcoin Cash futures
trading on Kraken subsidiary Crypto Facilities and the launch of its Simple
Ledger Protocol could be driving momentum. It is more likely to be the fomo
that the entire market has at the moment though.

Litecoin Lifting Off

Litecoin has been the other high cap crypto that is keeping
markets buoyant at the moment. From a start of $60 LTC surged to bounce off
$100 during the rally according to charts on Trading View. The 66%
pump has pushed Litecoin prices to their highest levels since July 2018. Since
the beginning of the year LTC has surged over 190% making it one of the top
performing altcoins of 2019
.   

Volume has also surged from $1.7 billion earlier this week
to over $6 billion driving its market cap over $5 billion for the first time in
nine months. A crossing of the 50 and 200 moving averages last month has been
seen as a very bullish indicator for Litecoin which has continued to climb since.

Litecoin prices began to shift gears following the Mimblewimble
announcements
in early February and a LTC halving event in August this
year is also likely to be driving momentum.

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Analyst Predicts Litecoin (LTC) Flipping XRP in 2019

An article published on Forbes has made a strong case for Litecoin (LTC), sitting at the fourth largest market capital position, flipping third-ranked XRP by the end of the year.

Despite coin prices across the market still being down 80 percent or more since their last all time high, constituting a “crypto winter,” Litecoin has nearly doubled its value since the start of the year. The coin is trading at $57, as of writing, up from its most recent low in December 2018 of $23 per coin. Along with Binance Coin (BNB), LTC has been a top gainer since the start of 2019.

Bambrough, in his piece published on Forbes, believes that LTC price is responding to strong efforts by the Litecoin Foundation and developers to improve security and privacy for the coin, in addition to culling several high-profile partnerships.

“Litecoin volatility spiked when the Litecoin Foundation announced it’s exploring the integration of Mimblewimble, a protocol offering privacy and fungibility to blockchains,” a report by cryptocurrency brokerage SFOX read this week.

“In March, keep an eye on how privacy news moments impact markets, such as recent revelations over Coinbase’s third-party service provider selling client data.”

Bambrough also highlights LTC’s halving set to occur in August of this year, which will reduce the block reward for miners and thereby increase the scarcity of the coin. Halvings typically produce a bump in coin valuation, given the sudden change in supply, but it will be interesting to see the effects of such a shift if the market is still stuck in the “crypto winter” of the past year.

As for XRP, Bambrough cites a number of negative press events for the coin and associated company Ripple. While the company has been at the heart of several stories of large-scale adoption by financial institution, Bambrough believes that the announcement by J.P. Morgan to create the JPM Coin has soured investor interest in Ripple and XRP.

As reported by EWN, Binance Research has refuted the idea that JPM Coin will compete directly with Ripple or XRP, despite the knee-jerk reaction to believe otherwise. However, Bambrough claims the shifting landscape of cryptocurrency, with positive sentiment currently weighing towards LTC, could be enough for Litecoin to flip XRP by the end of the year. As of writing, LTC has a market capitalization of $3.5 billion compared to XRP’s $13 billion, representing a substantial gap to be overcome.

Still, Bambrough finds reason to be bullish on LTC and its increased real-world use and adoption, quoting a note to clients by eToro’s senior market analyst Mati Greenspan published earlier in the week,

“The number one real-world usage of litecoin it seems is as a settlement method for crypto-traders. For people who often send money from exchange to exchange to private wallets, it’s much cheaper and faster to do this with litecoin than it is with bitcoin.

This is why it indeed deserves the title ‘digital silver’ and with the upcoming halving event in early August, which is likely why it’s been outperforming the rest of the crypto markets lately.”

The crypto markets have experienced on small boost on the day as Bitcoin edges closer to $4000, with both XRP and Litecoin appreciating slightly.

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