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Cryptocurrency prices had a dull performance in July even after some important news during the month. Ripple prevailed in its lawsuit against the Securities and Exchange Commission (SEC) while inflation continued falling. In this article, we will look at some of the most notable tokens to watch in August, including Chancer, Curve DAO, and Litecoin.
Litecoin holders are increasing their accumulation of the crypto industry's “silver asset” during the past month as the specter of its halving event looms.
Litecoin's price surge beyond $95 hangs in the balance with muted BTC performance. Will the August halving boost price action?
Litecoin is down to a countdown of just three days before the cryptocurrency ushers in a new chapter with its third block reward halving. The recognition of how important this event is for the Litecoin network has investors taking positions with massive buying witnessed in the past month.
Santiment, a prominent cryptocurrency analytics platform, reported that as the highly anticipated Litecoin halving event approaches on Wednesday, key traders who hold positions ranging from $9.5k to $950k worth of LTC are engaging in aggressive accumulation. As history suggests, this reduction in supply and the potential increase in demand could have logical implications.
The cryptocurrency world is thriving with anticipation as two major cryptocurrencies, Bitcoin and Litecoin, are getting ready for their respective halving events. Meanwhile, Litecoin is gearing up for its highly anticipated third halving, which is scheduled to happen on August 03, 2023, upon reaching block 2,520,000.
As Litecoin (LTC) gears up for its highly anticipated halving event scheduled for this Wednesday, an intriguing trend has been observed among key players in the cryptocurrency market. Known as "whales" and "sharks," traders who hold between $9.5K and $950K worth of LTC are aggressively increasing their stakes in the cryptocurrency.
Litecoin's hashrate has been declining for quite a few weeks, as have its miners' fees. LTC's price action also remained bearish.
Analysts favor Litecoin (LTC), Solana (SOL), and Ripple (XRP) as they gear up for possible price surges in the coming week.
Bitcoin's price action remains lackluster, but select altcoins are showing signs of breaking out of their respective resistance levels.
The digital currency ecosystem is anticipating one of the most important network events for the coming week, the Litecoin (LTC) halving event. State of the Litecoin Halving Event The entirety of 2023 has been dedicated toward preparation for the forthcoming Litecoin halving.
During the development of cryptocurrencies, events like BTC halving, LTC halving, and DASH's emission reduction have gained much spotlight in the market. Mining rewards per block have dropped in these halvings or reductions, potentially squeezing miners' pockets. Conversely, market traders see these halving events as indicators of new market trends.
The third halving in the history of Litecoin (LTC) is fast approaching, and it is one of the most widely anticipated events of 2023.
In the world of cryptocurrencies, Litecoin (LTC) stands as one of the pioneers, bearing a striking resemblance to Bitcoin, albeit with some unique differentiators. As the crypto market continues to evolve, investors and enthusiasts alike eagerly await the potential movement of Litecoin in 2023.
Litecoin (LTC) price has held the $90 support territory this week, despite the negative sentiment surrounding the upcoming Halving event. Can LTC avoid the historical halving crash?
Litecoin's halving buzz fades, on-chain activity wanes, and traders grapple with uncertainty. Nevertheless, LTC sparks hope as it gains momentum amidst mixed sentiments.
Litecoin, one of the earliest and most influential cryptocurrencies in the market, is gearing up for its much-anticipated “Halving” event, scheduled for August 2, 2023. This event, which occurs approximately every four years or after 840,000 blocks are mined, will significantly impact miners by reducing their block rewards from 12.5 LTC to 6.25 LTC.
Litecoin's third halving event is set to occur on or around August 2, 2023. This event, which occurs every four years, will see the miner block reward decrease from the current 12.5 LTC to 6.25 LTC.
After the halving, the Litecoin block reward will be reduced from 12.5 LTC to 6.25 LTC. BTC has risen by 78% since the beginning of the year; despite Litecoin Halving, LTC only rose 30%.
Litecoin (LTC) has proven its resilience in the face of the US Federal Reserve's recent interest rate hike. With a current price of $90.95, Litecoin remains steadfast, weathering market fluctuations and showcasing its appeal as a reliable digital asset.
The weight of expectations weighed heavily on Litecoin this month as the halving countdown narrowed. Unfortunately, it has performed contrary to those expectations and this outcome is not only seen in its price action.
Litecoin is slowly moving higher from the $88 support against the US Dollar. LTC price is now trading below $92 and the 55 simple moving average (4 hours).
The price of Litecoin (LTC) has fallen below its moving average lines, indicating that the cryptocurrency remains under selling pressure.
Cryptocurrencies have become a mainstream asset class, gaining popularity among investors and traders worldwide. Among the top contenders is Litecoin (LTC), a digital currency that aims to improve upon the shortcomings of Bitcoin.
