Litecoin (LTC) has recently completed its most bullish week since June, following a remarkable rise. The “digital silver” registered over 24% gains in the last seven days alone. There’s no main catalyst for the token’s impressive rise. However, its gains come amidst its hash rate reaching a new all-time high during the week.  Furthermore, it has started the week off on a positive note by confirming its partnership with Wanchain. As far as the network’s… Source link

Enlarge / Bitcoin laundering concept vector illustration. Federal prosecutors have recovered $3.36 billion in bitcoin that was stolen a decade ago from Silk Road, the dark web bazaar responsible for distributing massive quantities of illegal drugs and other illicit goods and services to people worldwide. Last November, federal agents executing a search warrant on a then-defendant’s Gainesville, Georgia, house… Source link

Phira Phonruewiangphing Overview Litecoin (LTC-USD) was created in 2011. It is actually a Bitcoin (BTC-USD) fork, which means its fundamentals are very similar to those of Bitcoin. Like Bitcoin, Litecoin has a limited supply, and mining rewards halved roughly every 4 years. The key difference between these two cryptocurrencies is that Litecoin was created to transact faster and more cheaply. This is achieved through faster block production, Segregated Witness, (SegWit), and also by enabling… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link

Litecoin price analysis confirms a bearish trend for the day as the price experienced a major drop in the past 24 hours. The bearish momentum is growing after a consistent defeat as a bullish wave was occupying the market earlier. Currently, the bears are on top as the price moved down to $68.54 during the day. The bulls have thus remained unsuccessful in crossing their $72.61 target for the day. The LTC/USD has decreased by 2.07% in the past 24 hours, with a market cap of $4.90 billion,… Source link

Litecoin’s hash rate has surged to the highest level on record as the health of the network jumped. As a result, LTC price jumped to a high of $73.4, which was the highest point since May 18. It has jumped by more than 80% from the lowest level this week. Litecoin hash rate jumps Litecoin price has done relatively well in the past few days as investors buy the coin’s dip. It has recovered modestly after it hit a bottom of $40 in June of this year. A closer look at on-chain data shows that… Source link

press release PRESS RELEASE. It’s no secret to anyone that the past several months have been some of the worst performing markets in virtually every sector, thanks to the macroeconomic effects of high inflation around the world, alongside global uncertainty. The EverEarn team however has spent this time planning their next steps and getting ready for expansion; which is happening now! The EverEarn token ($EARN) launched on the BNB Chain in January 2022 with a simple goal; to show… Source link

Published 2 hours ago Earlier today, the Litecoin (LTC) price attempted a high momentum breakout from the overhead resistance. A 36% boost in volume indicated the buyers’ interest in a prolonged price recovery. However, by the press time, the altcoin currently trades at $69 and struggles above the resistance trendline. Thus, a high price rejection at this resistance indicates sellers are actively grappling for trend control key points from Litecoin price analysis The Litecoin… Source link

Bitmain Antminer S19j Pros submersed in fluids that continuously remove heat. Each tank has its own arrangement of machines that best maximize cooling. Photo: Brady Dale / Axios. The first thing you notice about CleanSpark’s new 20 megawatt immersion mining facility in Norcross, Georgia: It is not loud. Why it matters: Noise is just one of the many complaints communities have had about bitcoin miners. CleanSpark, a Las Vegas-based energy company turned bitcoin miner, invited press to its new… Source link

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their… Source link