Wednesday, February 14, 2018

Litecoin Price Surges On News Of LTC-Fiat Payment Service And ‘Scam’ Hard Fork

Litecoin is leading altcoin gains this week as news of a merchant platform excites traders.

Litecoin (LTC) outperformed all major cryptocurrency assets Wednesday, Feb. 14, jumping over 30 percent against the US dollar on combined LTC payment service and hard fork news.

Having announced its intention to create a merchant solution for Litecoin similar to BitPay for Bitcoin in late 2017, a company called LitePay announced Monday, Feb. 12, that it would release the service on Feb. 26.

“We started because the people asked (BitPay) to accept LTC. They wouldn’t, so we took the challenge,” the project explained in their tweet Monday.

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