Tag Archives: LTC

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 afterContinue reading “Litecoin’s ‘daily active addresses surge’ has these tips for intraday traders”

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 – confidentialContinue reading “Will Litecoin’s new update improve its chances of winning the PoW race”

Litecoin [LTC] witnessed considerable growth on the price front over the last three months. The altcoin also showcased a positive move in the crypto mining space. Interestingly, it has been consistently improving its hashrate and mining profitability.  A growing hashrate for any proof of work (PoW) network indicates strength and security for the blockchain. AsContinue reading “Litecoin’s key PoW metric has some tips for LTC’s long-term holders”

Litecoin [LTC] has been in a volatility bondage. This was the opinion of John Bollinger, renowned analyst, and inventor of the famous indicator, Bollinger Bands. Speaking in anticipation of the 2022 Litecoin Summit, Bollinger noted that LTC had been stuck in extremely low volatility regions for five months. He also pointed out that there wasContinue reading “Will Litecoin [LTC] breakout after this analyst claims it has been held prisoner”

The project behind the infamous MimbleWimble upgrade, Litecoin [LTC] recently saw its hashrate hit a new all-time high (ATH). According to data from OKLink, the hashrate ATH of 511.56 TH/s was logged on 22 September.  Trading at a price level that was 87% from its ATH, LTC’s press time price was representative of a declineContinue reading “Here’s the full state of Litecoin’s [LTC] market since the MW upgrade”

Litecoin [LTC] and other top cryptocurrencies have been overshadowed by the Ethereum [ETH] Merge for the last few weeks. Interestingly, LTC may have actually benefited from the Merge from a hashrate perspective. An inspection of Litecoin’s hash rate reveals a sharp uptick in the first 10 days of September. Its hash rate grew from asContinue reading “Litecoin: Does the ETH Merge have anything to do with the surge in LTC’s hashrate “

Litecoin (LTC)’s bullish activity has risen since the start of the month. It managed to recover back above $60 after ending August on a bearish note. On the contrary, however, new observations seem to indicate that it might be about to experience another slip below the $60-level. Litecoin is one of the few cryptocurrencies thatContinue reading “Litecoin [LTC]: What does this metric tell us about miners’ incentive to sell”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Litecoin’s [LTC] recent rebound from the $52-baseline has well-positioned the coin to test the resistance barrier in the $62-$64 range. The rebound spurred near-term buying hopes. However, the resistance range has undermined the bullish effortsContinue reading “Litecoin [LTC]: The when and how of traders capitalizing on this opportunity”

Litecoin [LTC] experienced some selling pressure at the start of the week as the bears took over market dominance. The resulting downside has subsequently pushed LTC towards its August support level, thus entering an uncertainty zone. The level of uncertainty among Litecoin’s investors is evident in its supply distribution. Whales holding between 100,000 and oneContinue reading “Litecoin on a knife’s edge; should investors wait for mid-week clarity”

Litecoin [LTC], which is often regarded as an underdog, displayed a commendable performance last week as compared to other market players.  Interestingly, Litecoin was featured in the ‘Top 5 Altcoin’ list published by the Evening Standard, which definitely adds more value to the blockchain.  '2022’s Top Five Altcoins' – @EveningStandard https://t.co/VuTNfZCjb6 — Litecoin (@litecoin) SeptemberContinue reading “Not XRP, SHIB but this alt can be your choice for diversifying portfolio”

Litecoin [LTC] also referred to as the ‘silver’ to Bitcoin’s ‘gold’, registered a plunge in price over the last week along with several other cryptos. However, the point that sets Litcoin apart from others is that it also showed better signs of recovery in the last 24-hour period as its performance increased by more thanContinue reading “Litecoin outperformed Bitcoin, but not in a way you think”

Litecoin (LTC) may have slipped out of the list of the top-20 cryptocurrencies by market cap. Even so, it might be one of the most undervalued coins right now. In fact, it might turn out to be among the best coins with the most potential for a strong bounce back during the next bull market.Continue reading “Why it makes sense to consider ‘undervalued’ Litecoin [LTC]”