Litecoin Dubbed A Commodity By CFTC Could Reignite Digital Silver Narrative

2023-3-28 01:29

Litecoin was deemed a commodity today in a CFTC lawsuit filing against Binance. With the altcoin now potentially safe from further scrutiny from the SEC, a new digital silver narrative could take shape.

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Entrepreneur Calls Ethereum Silver To Bitcoin As Digital Gold, Not Litecoin

Bitcoin is well above its former record, thanks in part to the digital gold narrative taking hold in 2020 with institutional investors. But as those who get into cryptocurrencies consider diversifying beyond BTC, one entrepreneur and crypto trader says that Ethereum is the digital version of silver, not Litecoin as it has long been called. […]

2020-12-18 02:00


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Mike Novogratz joins crypto analyst in criticizing Litecoin (LTC)

Litecoin (LTC) is one of Bitcoin’s oldest forks, and a high-ranking altcoin that has been known as ‘silver to Bitcoin’s gold’ for years, now. However, one analyst and former trader, Qiao Wang, recently posted sharp criticism of LTC on Twitter, only to be praised by none other than billionaire Mike Novogratz, the CEO of Galaxy Digital and a known Bitcoin bull.

2020-12-8 17:37