Tag Archives: LTC

Whale activity on the Litecoin network increased tremendously. In fact, mining profitability and hasrate increased too, however, the MVRV ratio declined. According to data provided by Santiment, it was observed that the number of whale transactions made on the Litecoin network had increased in the last half of December.  Read Litecoin’s Price Prediction 2023-2024 TheContinue reading “Litecoin investors needn’t worry because ‘all’s whale that ends whale’”

Whale LTC holdings have rallied in the last few weeks. Bears still had control of the daily market. Litecoin [LTC] holders are set to close the year on an interesting note as the altcoin sees a historical jump in whale accumulation, data from Santiment revealed.  According to the on-chain analytics platform, during the intraday tradingContinue reading “Litecoin [LTC]: Do not get carried away by these bullish signs”

Messari ranked LTC as the second most active blockchain.  Litecoin also became one of the top Christmas gainers.  Litecoin [LTC] recently made it to the news after it was ranked second in terms of the most active chain in the last 24 hours. This was good news as it somewhat reflected LTC’s consistency in overallContinue reading “Litecoin: Factors that played a crucial role in LTC’s performance last week”

Litecoin maintained healthy transaction growth despite bearish performance. However, its low weighted sentiment was evidence of the fact that LTC may not have a strong recovery. On 19 December, the Litecoin Foundation announced that it processed over one million transactions within the last 10 days. This meant that the blockchain had processed a total ofContinue reading “Litecoin adds 10 million transactions in 10 days, what does it mean for LTH?”

LTC was in a slight uptrend. A bullish BTC would pump it toward $77.12. Litecoin (LTC) briefly fell below $75 after BTC dropped below $17.77K on 15 December. At press time, LTC was trading at $74.95 and appeared poised for an upside move if BTC moves above $17.77K.   The 4-hour chart showed that LTC mayContinue reading “Short-term Litecoin investors could profit if Bitcoin moves in this direction”

Bitpay’s report revealed that LTC payments increased considerably in one year.  On-chain metrics and other LTC achievements suggested that a promising year could be awaited. Litecoin [LTC] has been dominating the crypto space of late by increasing its popularity and acceptance on a global scale. Crypto ATM Radar’s data revealed that Litecoin grabbed the secondContinue reading “Litecoin [LTC] holders might be ecstatic after reading these updates”

Litecoin has maintained decentralized operations throughout Though LTC is bearish right now, metrics seem bullish The Litecoin [LTC] Foundation took every chance to highlight why LTC was a superior cryptocurrency. This included all the Black Swan instances that occurred in 2020. This is because those incidents have highlighted cracks or vulnerabilities in many crypto projects.Continue reading “Reasons LTC carries lower risk of manipulation compared to most of its competition”

Litecoin whales with more than one million LTC have added 2.95 million more to their holdings The LTC lifespan remains in excellent condition even though circulation waned According to Santiment, at press time, Litecoin [LTC] whales were unmoved by the rough patch that hit the crypto market. Even though things stand in a bad state, theseContinue reading “Are these Litecoin holders attempting to ‘fill the void’ left open by LTC”

Litecoin turns out to be a preferred mode of payment for BitPay users. The reading of LTC’s MVRV ratio may put some pressure on long-term holders. According to a recent update by Litecoin, it was revealed that LTC was one of the most preferred forms of payment among other major cryptocurrencies.        Continue reading “Litecoin [LTC] outcompetes other major cryptocurrencies in this area”

Litecoin mining difficulty continues to increase, potentially risking miner profitability Litecoin’s upside was experiencing slow momentum at press time Litecoin [LTC] demonstrated positive growth in multiple facets over the last few weeks. Those areas included its hash rate and price. The network’s latest announcement confirmed that mining difficulty also went up and here’s why thatContinue reading “Litecoin, its growing mining difficulty, and why it could go against LTC’s price action”

LTC’s MVRV Ratio spiked considerably over the past few days However, a few market indicators were bearish   Litecoin [LTC] managed to outperform most cryptos lately, as it registered over 9% gains in just 24 hours. This was a promising uptick that increased the possibility of a further increase in its price over the coming days.Continue reading “Litecoin: Assessing the odds of LTC sustaining its ongoing bull rally”

Litecoin’s hash rate marked an all-time high Breaking correlation with the rest of the market, LTC rallied amid market downturn At 613.81 TH/s, Litecoin’s [LTC] hash rate recently clinched a new all-time high, data from CoinWarz revealed. Following its last significant dip in July, Litecoin’s hash rate rallied by 64% within four months.  Read Litecoin’s [LTC]Continue reading “Litecoin’s [LTC] hash rate touches all time high, but is a relief rally in sight”