Category: Litecoin
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Liquidations hit $50 million in an hour as Bitcoin slid 3% to $58.5k
Bitcoin experienced a sharp decline on Aug. 20, falling below the $59,000 mark as selling pressure intensified, leading to significant liquidations in the crypto market. The flagship crypto slid over 3% in an hour, giving up almost all of its gains over the previous trading day after touching a weekly high of $61,400. Bitcoin was…
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Litecoin Hashrate Nears ATH Despite Miner Rewards Being Halved
Data shows the Litecoin mining hashrate is approaching a new all-time high, despite miners earning half the rewards since the halving. Litecoin Mining Hashrate Is Close To Setting A New All-Time High Like Bitcoin, Litecoin is a proof-of-work (PoW) network, meaning that chain validators called miners have to compete against each other using computing power…
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The Kiss of Death? Litecoin Forms Brutal Bearish Crossover
Bitcoin and Crypto Markets Continue Their Slide…But Why?!Litecoin is trading more than 40% lower than pre-halving local highs. But according to an ominous-sounding technical analysis signal, LTC could have a lot more decline ahead. Litecoin Triggers Death Cross After Halving Rally Failure This month, the Litecoin block reward halving came and went, leading to very…
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Litecoin To Drop Below $60? Whale Deposits To Exchange
On-chain data shows a Litecoin whale has made a large deposit to the cryptocurrency exchange Binance, which could be a sign of selling. Litecoin Whale Has Transferred $18.2 Million Worth Of LTC To Binance According to data from the cryptocurrency transaction tracker service Whale Alert, a huge movement has been spotted on the Litecoin blockchain…
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2.13% Of All Wallets Gone In Just 10 Days
On-chain data shows around 199,000 Litecoin addresses have sold off their entire holdings during the past 10 days alone. Litecoin Addresses Carrying Some Balance Have Noted A Sharp Drop Recently According to data from the on-chain analytics firm Santiment, the small LTC addresses have appeared to have been giving up recently as they have been…
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Meet The New King Of Crypto Payments: Why Users Are Choosing Litecoin Over Bitcoin
Litecoin has become the new king of cryptocurrency payments, as more users are increasingly adopting this popular digital currency over Bitcoin to execute transactions on the crypto payments platform, Bitpay. Litecoin Surpasses Bitcoin In Crypto Payments In a recent X (formerly Twitter) post, the Litecoin team announced that LTC has become the number one cryptocurrency…
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Litecoin Doubles Activity To Beat BTC, Now Most Used Crypto
Data shows that Litecoin has seen a rapid surge in active addresses, making the asset the most used in the sector, compared to Bitcoin and Ethereum. Litecoin Has More Than Doubled Its Active Addresses This Month According to data from the on-chain analytics firm Santiment, the Daily Active Addresses have recently seen a big jump…
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Over 25 Million Ordinals Inscribed, LTC Rising
Litecoin is rising, days after plunging to fresh Q2 2024 lows of around $70 in June. At the back of this resurgence is the surge in Ordinal inscriptions. Over 25 Million Ordinals Inscribed On Litecoin According to Litecoin, over 25 million ordinals have been inscribed on the proof-of-work network as of June 27. Of note,…
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Crypto Analyst Dunks On Shiba Inu, Cardano, And Litecoin, Reveals Bullish Cryptocurrencies
Crypto researcher and analyst Trade The Flow has provided the crypto community with some trade ideas that he believes could help them be profitable despite the choppy market conditions. Interestingly, he revealed his bearish sentiment towards Shiba Inu (SHIB), Cardano (ADA), and Litecoin (LTC) while stating these trade ideas. Long/Short Pair Trade For Shiba Inu,…