Tag Archives: LTC

LTC’s difficulty and hashrate increased, suggesting an increased number of miners. TVL went up while on-chain performance looked bullish. On 13 March, the Litecoin Foundation revealed that Litecoin’s [LTC] mining difficulty had reached a new all-time high. As its difficulty increased, Coinwarz’s chart pointed out that the network’s hashrate also registered an uptick over theContinue reading “Litecoin [LTC] shows signs of recovery, can this be the reason”

Litecoin maintains strong transaction volume on BitPay earning second place after Ethereum. LTC bears dominate while the network hash rate takes a stab at historic highs. Litecoin (LTC) is celebrating another win despite the ongoing market turmoil. The network’s latest update confirms that it has maintained its transaction consistency on BitPay. Is your portfolio green?Continue reading “Litecoin registers this milestone despite a huge liquidity plunge”

After the relief of a new update, LTC’s hashrate registered an uptick. LTC’s chart was painted red, as indicators looked bearish. On 2 March 2023, Litecoin [LTC] released a new network upgrade named Litecoin Core 0.21.2.2, which, according to the official announcement, was a new minor version release. The new release included an important securityContinue reading “Litecoin: Despite new update, LTC struggles to hold miner interest”

52.89% of LTC holders hold at a profit. The LTC market is currently plagued by low investor conviction. Following a 33% price rally year-to-date, data from IntoTheBlock indicated that there has been a corresponding increase in the number of Litecoin [LTC] investors holding the cryptocurrency at a profit. At press time, over 50% of LTCContinue reading “52.89% Litecoin [LTC] investors in profit: Will the other shoe drop?”

Litecoin’s hash rate and mining difficulty increased significantly over the last month. The network on a whole was at a loss, as indicated by the negative MVRV Ratio. Litecoin [LTC] has been among the top-performing cryptos in 2023, jumping by as much as 33% since the start of the year, data from CoinMarketCap revealed. Read Litecoin’sContinue reading “Litecoin [LTC] miners turn profits, but is there trouble brewing?”

Litecoin retested four-month support line, and sell pressure showed signs of bearish exhaustion. Whale transactions surged in the last 24 hours. Litecoin’s [LTC] price action was moving in an overall ascending pattern in the last few months. More specifically, its price was restricted within a support and resistance channel since November 2022. Its performance inContinue reading “Litecoin [LTC] retests support after bearish cycle: Will bulls emerge victorious?”

Litecoin’s hashrate reached a new all-time high on 15 February 2023. Active addresses declined but other metrics were positive.  The Litecoin Foundation recently revealed that Litecoin’s [LTC] reached another milestone as its hashrate touched a new all-time high. As per the tweet, LTC’s hashrate exceeded 886 TH/s on 15 February 2023 at block 2,423,170. ThisContinue reading “Litecoin’s hashrate reached new all-time high, here’s how LTC reacted”

Litecoin’s hashrate registered an increase.  Investors might have to wait a little longer for LTC’s next bull run.  A new bill was recently passed in Montana State aimed at changing a few laws in the region regarding cryptocurrencies and crypto mining. Interestingly, this new bill can have a positive impact on Litecoin [LTC], as itContinue reading “Litecoin: Analyzing the impact of Montana’s new crypto bill on LTC”

Litecoin’s transaction milestone underscores a healthy path of adoption that might be aided by real-world utility. LTC price approaches ascending support after a mid-week pivot. Litecoin has struggled to escape the shadow of bears for a long while now. However, this has not stopped the project from proceeding with its purpose. In fact, the coinContinue reading “Litecoin pushes for more adoption through card program- Did LTC benefit?”

Litecoin announced partnership with Mastercard to provide Litecoin Mastercard in the UK and Europe. Sharks have increased their holdings by over 4% as price rallies. Litecoin [LTC] and Mastercard have announced a partnership, which would introduce the Litecoin Mastercard in the UK and Europe. A post on 30 January, while making the announcement, demonstrated thatContinue reading “Litecoin: Mammoth partnership and shark accumulation sees LTC spike”

High hash rate and no network outages were indicative of a secured network. LTC dropped by 3.15% at press time, sparking fears of a strong pullback. Few other cryptocurrencies have performed as well as Litecoin [LTC] in 2022’s bear market. Since hitting the lows of June 2022, both the price and market cap have moreContinue reading “Litecoin [LTC] is ready to celebrate, but here’s why whales could spoil the party”

Litecoin hits transaction and hash rate milestones, but investors are still sitting on the sidelines. LTC was stuck in limbo as demand slowed down amid weak sell pressure. Litecoin [LTC] concluded an interesting week during which it managed two major milestones. On 27 January, the network announced that it had facilitated slightly over 142 millionContinue reading “Litecoin fails to overcome key resistance level despite hitting new milestones”