Litecoin’s [LTC] recent, unprecedented surge could be responsible for making the altcoin a hot topic in the cryptocurrency market. As per CoinMarketCap, LTC’s price grew by more than 29% in the last seven days. This was substantially better than most cryptocurrencies, however, LTC stood behind Polygon [MATIC]. At the time of writing, LTC was tradingContinue reading “Can LTC’s growing hashrate sustain its ongoing price rally? Evidence suggests…”
By Saman WarisTag Archives: LTC
Litecoin [LTC] just concluded its most bullish week since June after delivering an impressive rally. It has also kicked off this week on a positive note after confirming a new network integration. But is this enough to ensure continued bullish dominance? Here’s AMBCrypto’s price prediction for Litecoin (LTC) Litecoin started off this week with bullishContinue reading “Why LTC short sellers might have an opportunity for short-term gains”
By Michael NderituLitecoin’s [LTC] mining difficulty reached a new high. The mining difficulty peaked at just below 18 million hashes, as per a Litecoin Foundation post published on CoinMarketCap on 4 November. Miners compete by generating random hashes in order to find one that is less than the target set by the network’s mining algorithm. Those whoContinue reading “Litecoin’s mining difficulty may be the bearer of good news for LTC investors “
By Saman WarisRanked as the #20 cryptocurrency asset with the largest market capitalization, the past few months have been marked by a rally in the price of Litecoin [LTC], data from Santiment revealed. According to the on-chain analytics platform, the LTC/BTC trading pair has seen a surge in its price in the past few months. Since bottomingContinue reading “Litecoin decouples from the rest of the market, should you go long on it?”
By Abiodun OladokunGood news came for the Litecoin [LTC] NFT ecosystem as it witnessed growth over the last few days. Santiment’s data revealed that not only did LTC’s total NFT trade count register an uptick, but it’s NFT trade volume in USD also increased. This development was valid as LiteVerse, Litecoin’s first NFT marketplace, announced a partnershipContinue reading “Litecoin [LTC]: Good news on the NFT front, but here’s the ‘but’ of it all”
By Saman WarisMiners seemed to have a greater interest in LTC after its recent price pump as the network’s hashrate registered an increase. Miners were looking to capitalize on the bullish market because higher prices could mean higher mining profitability. Interestingly, LTC’s metrics and several market indicators revealed that miners wouldn’t be disappointed in the coming month.
By Saman WarisAmidst the current bearish market condition, Litecoin which is often referred to as the silver to Bitcoin’s gold didn’t fail to bring joy to its investors. The altcoin registered massive gains over the last seven days. Here’s AMBCrypto’s Price Prediction for Litecoin for 2023-24 More good news came in for LTC when the coin wasContinue reading “Litecoin [LTC] outperformed Bitcoin [BTC] in this factor”
By Saman WarisThe week so far has been marked by a significant spike in Litecoin’s [LTC] address activity and whale transactions, according to the data from Santiment. Whale transactions valued above $1 million clinched their highest daily count so far this year during the trading session of 20 October. ⚡️ #Litecoin has been quietly under the radarContinue reading “Litecoin’s whale transactions spike, but what could it mean for retailers”
By Abiodun OladokunLitecoin [LTC] had some good news to share with the crypto community as it mentioned that LTC had zero downtime in over 11 years of its existence. This represented the reliability of the blockchain. Moreover, Litecoin also marked its 11th birthday, which in itself was a commendable achievement. #Litecoin has zero downtime in over 11Continue reading “Litecoin’s celebrations may cut short thanks to this event gate-crasher “
By Saman WarisLitecoin has been tremendously growing in its popularity. It has been striving and pushing hard for the adoption campaign, mainly after the MWEB upgrade. Now, consider one of the latest news, for instance- Google Cloud is all set to enable customers to pay for its cloud services through a few cryptocurrencies. And, Litecoin is oneContinue reading “Will Google help Litecoin [LTC] pass its near-term bearish hurdles”
By Saman WarisLitecoin’s [LTC] miners remained profitable despite LTC’s price witnessing a downfall since the last 30 days. Furthermore, regardless of LTC’s declining volume and market cap, there may be potential for LTC to grow. Here’s how… __________________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Litecoin [LTC] for 2022-2023 __________________________________________________________________________________________ Let there be “LTC” According to CryptoCompare, a website dedicatedContinue reading “Litecoin: Bears may be out for a meal, but LTC could have these tricks up its sleeve”
By Saman WarisLitecoin [LTC] had a difficult seven days, as the cryptocurrency couldn’t perform as per investor expectations. The alt registered a mere 1% seven-day gains. According to CoinMarketCap, LTC at press time, was trading at $53.39 with a market capitalization of more than $3.8 billion. In an interesting revelation, CRYPTOWZRD, a popular crypto analyst, pointed outContinue reading “Can Litecoin’s latest developments make LTC an investor favorite in Q4”
By Saman Waris