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In the realm of cryptocurrencies, Litecoin has carved its own path as a prominent digital asset. Recently, a group of influential market participants known as Litecoin whales has caught the attention of the crypto community.
Bitcoin and altcoin prices continue to slump, but potential progress on the debt ceiling discussion could possibly produce a price reversal.
LTC faces elevated short-term bearish pressure ahead of FOMC minutes and a considerable chunk of BTC options expiring on 26 May.
Santiment predicts a temporary bull market for Litecoin after its August halving.
Litecoin was a notable mover on Wednesday, as the token dropped by as much as 6% in today's session. The decline came as a red wave swept through the crypto market, leading to the global cap falling by 2% at the time of writing. Dogecoin also dropped, hitting a two-week low.
LTC's looming historic halving event will play a crucial role in the OG blockchain's future.
Litecoin's on-chain transaction activity has gradually increased, indicating that big players were beginning to jump in on their investments.
The total crypto market cap has declined by over $20 billion in a day.
In a pivotal moment for the crypto landscape, Litecoin (LTC) is gearing up for its LTC20 halving event, slated for August 10, 2023.
Institutional investors have kept on moving funds out of cryptocurrency investment products over the past week, marking a fifth consecutive week of outflows that has now reached a cumulative $232 million. The outflow represents a 0.7% decrease in total assets under management.
Litecoin, the 12th largest cryptocurrency by market capitalization, saw some big gains last week, and it could be because people are using Litecoin for Ordinals. Litecoin Foundation Managing Director Alan Austin joins "First Mover" to discuss.
A leading crypto analytics firm says that Litecoin (LTC) whale activity is likely to drive LTC's price upwards before the LTC halving.
In an eagerly awaited event that is expected to ignite a wave of optimism in the cryptocurrency market, Litecoin (LTC) is preparing for its third halving, known as LTC20. Taking place on August 10, this event has garnered significant attention among traders, who see it as a catalyst for a potential surge in LTC prices.
Litecoin ($LTC) futures derivative contracts have seen an open interest exceeding $420 million, marking an impressive 22% growth since the beginning of the year. Growing appetite for Litecoin may be influenced by several factors.
As the specter of the US debt ceiling looms larger than ever, market uncertainties continue to grow, leading to cautious behavior among traders and investors worldwide. Amid the economic turmoil, several crypto assets are now trading on the verge of a crucial price level and altcoin traders are questioning the next possible move.
In a period marked by continued crypto outflows, two notable cryptocurrencies have managed to defy the prevailing sentiment. Litecoin and Avalanche recently experienced investment inflows, showcasing a broader positive outlook for altcoins amidst a challenging landscape for digital asset investment products.
Despite ongoing institutional crypto outflows, the market showcases a silver lining as certain altcoins exhibit remarkable resilience. Institutional investors continue to approach the crypto market with caution, resulting in five consecutive weeks of outflows.
Alan Austin, Litecoin Foundation's Managing Director, discusses his expectations for Litecoin ahead of the next halving expected this summer and why it hasn't necessarily had the buzz like other projects have been getting recently.
A crucial halving event for Litecoin, a popular cryptocurrency known for its faster block generation and Scrypt algorithm, is scheduled to take place on 10th August 2023. As the cryptocurrency community gears up for the significant event, it has observed a series of intriguing, yet expected, activities.
The spike in Litecoin futures open interest may be influenced by the upcoming halving event, where the rate of new coin issuance will be reduced by half.
Crypto analyst Ali Martinez has taken to Twitter to comment on the milestone achieved by the major cryptocurrency Litecoin, while the LTC halving event is just a few months away.
Despite the uncertainty in the crypto market, Litecoin (LTC) seems to be enjoying an overall positive momentum.
On-chain data shows the Litecoin MVRV has been at relatively high levels recently, something that could be bearish for the cryptocurrency. Both 30-Day & 365-Day Litecoin MVRV Ratios Are High Currently According to data from the on-chain analytics firm Santiment, LTC traders are well above water at the moment.
Litecoin (LTC) price resumed its uptrend as it surpassed the moving average lines.
