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

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Data shows the Litecoin mining hashrate has set a new all-time high recently, a sign that could prove to be bullish for the price of the crypto. Litecoin Mining Hashrate And Difficulty Are Currently At New Highs The “mining hashrate” is an indicator that measures the total amount of computing power connected to a crypto network (which is, in this case, Litecoin). When the value of this metric goes up, it means miners are bringing more rigs online on the… Source link

Data shows the Litecoin mining hashrate has set a new all-time high recently, a sign that could prove to be bullish for the price of the crypto. Litecoin Mining Hashrate And Difficulty Are Currently At New Highs The “mining hashrate” is an indicator that measures the total amount of computing power connected to a crypto network (which is, in this case, Litecoin). When the value of this metric goes up, it means miners are bringing more rigs online on the… Source link

US midterm elections are scheduled for November 8, as the event draws close, 152,000 Bitcoins have hit cryptocurrency exchanges.  Analysts argue that a bullish continuation in Bitcoin price is unlikely with three key events on the horizon. Bitcoin price could continue its decline through the week as bulls fail to defend the $20,874 level.  US midterm elections are expected to have a key impact on cryptocurrencies. Sam Bankman-Fried, FTX exchange CEO and founder… Source link

Apple has recently announced changes to the review guidelines on its App Store, informing users about apps offering cryptocurrency and non-fungible tokens (NFTs). As governments and payment processors assimilate cryptocurrency into their affairs, Apple has remained tight-lipped until now. The latest guidelines will support developers and draw a clear line between what is allowed and what is prohibited by the company. In particular, Apple has… Source link