Litecoin’s [LTC] hashrate clinched an all-time high of 531.4427 TH/s on 22 September as per data from CoinWarz. In the last 30 days, data from Santiment also showed that LTC ranked third on the list of cryptocurrency assets with the most daily active addresses. With 269,540 daily active addresses in the last month, LTC came after Ethereum [ETH] with 489,770 active addresses and Bitcoin [BTC] with 911,030 active addresses within the same period. 📊 The assets getting… Source link
Read More »Crypto Contrarian: The Market Hates Litecoin, It Shouldn’t (Cryptocurrency:LTC-USD)
Phira Phonruewiangphing/iStock Editorial via Getty Images One of the most bizarre investor disconnects that I’ve seen in crypto is the one I’ve found in Litecoin (LTC-USD) over the last year or so. Like many other risk market assets, crypto investors can become emotionally attached to certain ideas. This emotional relationship that bulls have with their magic Internet monies is equally visible in the bears. We see this evidenced with some who will steadfastly ignore all blockchain-based… Source link
Read More »LTC/USD trade in a sideways direction with a slight bullish bias
Recent Litecoin price analysis shows that the coin has been on a bullish run, with the price rising from $52.78 to its current value of $54.84. This is a good sign for the bulls, as it shows that they are in control of the market. The next resistance for LTC/USD is seen at $54.93; if the price can break above this level, it is likely to rise to $55.00 resistance. On the other hand, if the price fails to break above $54.93, it is likely to fall to $52.78 support. The Digital asset has gained… Source link
Read More »Will Litecoin’s new update improve its chances of winning the PoW race
Litecoin [LTC] has been making improvements to its existing technology for quite some time now. In line with the same, the blockchain recently announced an MWEB feature that would allow users to make confidential transactions. MWEB is now live on #Litecoin Street! MWEB is an upgrade that gives users a new opt-in feature – confidential LTC transactions. This also improves scalability as MWEB txs are stored in a separate extension block.https://t.co/QEdBTpfm4E Source link
Read More »Ethereum Marks Three Consecutive Red Weekly Closes, Will Uptober Change Its Trajectory?
Ethereum has been one of the cryptocurrencies that have received major support from the crypto community regardless of how the price performs in the market. Since the Ethereum Merge was completed, though, the digital asset has not performed as well as expected. ETH’s price has continuously bled out, which has led to its price relegating to the low $1,000s. As the new month begins, speculations abound on whether the cryptocurrency has what it takes to recover.
Read More »Crypto Forecast: Best Time of Year for Bitcoin Prices Is Now
Cryptocurrency investors have had a rocky 2022. But we’re now entering a time of year that’s usually good for crypto prices. Bitcoin, ether and other cryptos have moved in patterns similar to stocks this year. They’ve tumbled amid high inflation and the Federal Reserve’s interest rate hikes — a move intended to cool the economy but that also tends to bring down the price of financial assets like stocks, bonds and crypto. Bitcoin,… Source link
Read More »Big Eyes Coin – The more environmentally friendly version of Bitcoin and Litecoin
Climate change has become a bigger worry for people worldwide in recent years. This worry affects consumer behaviour, often opting for more environmentally friendly versions of similar products. A global study found that 68% of the world’s population worries about climate change, and 76% believe it’s big companies’ and corporations’ responsibility to combat climate change. Though this may seem unreasonable to some, a recent report shows that only 100… Source link
Read More »What is PoW Ethereum (ETHW), and how does it work?
Ethereum blockchain shifted from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism on Sept. 15, 2022. Along with this move, ETHPoW, a distinct PoW blockchain (basically the old pre-Merge Ethereum) forked from Ethereum’s Merge, became live. This forked version of Ethereum aims to maintain the proof-of-work mining process for ETH miners. Any miner is permitted to add a block to the PoW network with the clear stipulation that the first valid block published is the correct one…. Source link
Read More »Barclays Remains Positive on Bitcoin, Sees Miner Core Scientific as ‘Best-In-Class Leverage Play’ – CoinDesk
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Read More »New Metrics Hint that Ethereum Whales Are Manipulating Prices
Wahid Pessarlay Crypto analyst CryptoQuant provided data that shows Ethereum whales have been significantly impacting asset’s value Ethereum (ETH) whale investors have long held significant influence over the token’s price movement on the market. This influence has taken on new curiosity as data provided by CryptoQuant indicates that whales are manipulating the price of ETH with their exchange activity. In a Quick Take posted on the blockchain data analytics site, an analyst argued that… Source link
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