Litecoin

Data shows Litecoin has been observing accelerating adoptions recently, as its total addresses have now surpassed that of Ethereum. Litecoin Has Continued To See Rapid Adoption Recently As per a tweet from the director of the Litecoin Foundation, LTC’s growth has continued to accelerate even after surpassing Ethereum in total addresses. The “total addresses” here is an indicator from the on-chain analytics firm Glassnode that measures the total number of unique addresses of a… Source link

Data shows the Litecoin mining hashrate has hit a new all-time high, can this signal be positive for the price of the crypto? Litecoin Mining Hashrate Sets New All-Time High At 683.52 TH/s Litecoin, much like Bitcoin, is a cryptocurrency that works on a consensus mechanism based on Proof-of-Work (PoW), meaning that network validators called miners handle the transactions on the network. These miners have to compete with each other using computing power to be able to get a chance at hashing… Source link

Crypto analytics firm Santiment reports that whale activity on three altcoins has surged since the start of 2023. Starting with the liquidity protocol Aave (AAVE), Santiment says that the 42nd-largest crypto asset by market cap has seen the number of transactions valued at over $100,000 increase by more than 1,100% year-to-date. Next up is Litecoin (LTC). According to the crypto analytics firm, the 16th-largest digital asset by market cap has recorded an over 75% increase in… Source link

LTC’s Open Interest fell by 9% in the last week. Regardless, investors remained bullish. Despite the rally in the count of Litecoin [LTC] transactions above $100,000 since the year began, the steady fall in the alt’s Open Interest in the last week indicated that bearish sentiment was returning to the market. Read Litecoin’s [LTC] Price Prediction 2023-24 According to data from on-chain analytics platform Santiment, the count of LTC transactions above $100,000… Source link

Yuri Molchan Shiba Inu has outperformed LTC, while SHIB jumps in price and manages to become popular among top whales Prominent doggy-themed token Shiba Inu has been on a tear this week. It has been demonstrating a massive price rise in the past seven days and last 24 hours and has outperformed another popular altcoin, Litecoin (LTC). It jumped to reach two milestones for the largest whales on Ethereum. SHIB outstrips LTC but is still behind Solana Shiba Inu’s market capitalization… Source link

A popular analyst who correctly called Bitcoin’s (BTC) ascent above $20,000 says he’ll remain bullish on the king crypto until proven otherwise. Pseudonymous analyst DonAlt tells his 452,700 Twitter followers that Bitcoin’s strong performance last week suggests that BTC bears are starting to lose momentum. “Weekly close above $19,300 and we’ve reclaimed the first major support ever since the all-time high and the start of the bear market. That’d be a major shift in… Source link

AKRON, Ohio, Jan. 17, 2023 /PRNewswire/ — BIT Mining Limited (NYSE: BTCM) (“BIT Mining,” “the Company,” “we,” “us,” or “our company”), a leading technology-driven cryptocurrency mining company, today announced the launch of their state-of-the-art Litecoin (“LTC”) / Dogecoin (“DOGE“)  mining machine, model LD3 (“LD3”), which was specifically designed for mining on the DOGE and LTC blockchains. The power efficiency of 0.73 W/MH and 4800 MH/s delivery make the LD3 machine more profitable than… Source link

SUSHI price is reacting to the bullish momentum observed in the broader market as the altcoin rose to monthly highs on Monday. Going forward, this rise is expected to continue, given SushiSwap’s focus on becoming the market-leading decentralized exchange (DEX) this year.   Litecoin price has more bullish potential up its sleeve as bulls hone in on key levels above. Still, risk management should be the focus for investors looking to enter the trend. Litecoin… Source link

InvestorsObserver analysis gives Litecoin a low risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range. InvestorsObserver is… Source link

LTC registers promising gains as the date of halving approaches.  Market indicators revealed that the bulls were leading.  David Burkett, MWEB developer, posted new updates related to the Litecoin [LTC] network. Burkett mentioned that he continued working on PSBT, and quickly discovered some limitations in the initial design. He was able to add signing logic for inputs and outputs. Write the transaction finalization logic. Moreover, Burkett also added that he will be… Source link