Bitcoin Cash Explodes 33% to 14-Month High, Solana and Litecoin Soar 15% (Market Watch)
BCH skyrocketed to over $320 earlier today for the first time since April 2022.
Keep up with what's happening in the crypto world in real-time.
BCH skyrocketed to over $320 earlier today for the first time since April 2022.
A quarterly and half-yearly close is on the cards! Markets have turned volatile and are believed to exhibit decent bullish action throughout the weekend. Some of the tokens were thought to trigger a massive upswing with a slight change in market sentiment.
The Litecoin (LTC) market suddenly turned bullish during the early Asian market on Friday with heightened on-chain activities. The third largest Proof-of-Work (PoW) secured blockchain after Bitcoin and Dogecoin have recently recorded a significant demand from both retail and institutional investors.
Litecoin is back in action with the LTC price shooting by another 15% in the last 24 hours, and eying the next milestone of $100. As of press time, Litecoin (LTC) is trading at $96.22 with a market cap of over $7 billion.
Litecoin price is gaining pace above $90 against the US Dollar. LTC could rally further above $100 and rise toward the $110 resistance.
Litecoin (LTC) has been one of the most bullish coins for the year 2023 with anticipation around its forthcoming halving event. This has propelled the digital asset toward price increases higher than the market average.
Litecoin was at a crossroads amidst steady demand and BTC fluctuations. Will bulls reclaim their market edge?
Litecoin's mean coin age just reached a new 3-month high. This confirms that a percentage of recently acquired LTC coins have not been moved during the same period.
Litecoin started a downside correction from the $94 zone against the US Dollar. LTC price is now trading below $88 and the 55 simple moving average (4 hours).
Regulators appear to have said enough about these four digital assets to assuage Wall Street.
Bitcoin and several altcoins are stuck in a tight range, indicating that a breakout is brewing.
A well-known crypto strategist, Michaël van de Poppe, has provided insights into the potential future of Litecoin (LTC), XRP, and Pepe (PEPE) as the digital asset markets show signs of activity.
Litecoin Foundation revealed that the blockchain's hashrate has reached a new all-time high.
The Litecoin (LTC) market remains one of the top-traded altcoins in the market with a 24-hour volume of about $756 million. Additionally, Litecoin's open interest in the past 24 hours totaled a whopping $305 million, which indicates an increased demand from crypto traders. Exchanging around $84.
A widely followed crypto trader thinks Litecoin (LTC), Cosmos (ATOM) and the Sandbox (SAND) are all gearing up for moves to the upside. The pseudonymous analyst Rekt Capital tells his 347,200 Twitter followers that the peer-to-peer payments network Litecoin is setting itself up for a new price phase.
The crypto space is about to receive a bullish push as the Litecoin halving is just a few days away. The halving event is scheduled for August 2, 2023. The miner's rewards will drop from 12.5 to 6.25 LTC per block. The LTC price has been trading with acute strength for the past few weeks.
Litecoin (LTC) price has gained 25% since dropping to a three-month low of $72 on June 14. As LTC now approaches $90, several on-chain metrics are flashing red signals.
In a little over a month, the third halving for the Litecoin blockchain will take place, and many are expecting a rise in the price of the LTC crypto.
Cryptocurrency analysts of Coinidol.com report, Litecoin (LTC) price has been rising since June 15.
Bitcoin (BTC) remains in a good position as Tuesday trades kick into gear, with spot prices holding steady at US$30,400, having added 0.3% in this morning's Asia trading window. BTC bulls are supported by a strong book of buy orders at US$30,000, as seen on Binance's depth chart, will selling pressure at US$31,000 and US$31,5000 likely to offer upside resistance.
A widely followed crypto strategist is outlining what he thinks is in store for Litecoin (LTC), XRP and Pepe (PEPE) as the digital asset markets flash signs of life.
An onslaught of Bitcoin ETF applications could help BTC price find long-lasting support at the $30,000 level.
Litecoin miners are currently encountering challenges in their quest to generate new blocks within the cryptocurrency's blockchain. The process of creating a new block involves a complex computational task where miners must find a hash that falls below a specific target.
High mining difficulty helps to control how new blocks are created. It ensures that the blocks are not created too fast or too slowly, thus maintaining the security and integrity of the Litecoin blockchain.