Litecoin, the eldest altcoin, rejoices in the week of remarkable achievements. On June 30, the coin reached an all-time high of $110, marking a significant milestone. Adding to it, the Litecoin network processed over a million transactions in the last week. And the clear testament to the positive sentiment surrounding
In the bustling arena of digital currencies, Litecoin is set to undergo its highly anticipated third halving event in just 39 days. Scheduled for August 2, 2023, this blockchain upgrade will see the mining rewards sliced from 12.5 to 6.25 LTC, following a recurrent four-year cycle or after 840,000 blocks
Litecoin’s highly anticipated third halving is just around the corner, and the excitement surrounding this event is capturing an immense amount of attention for the renowned cryptocurrency. Recent network activity suggests increased investor interest. Although Litecoin’s price has remained in a downtrend over the past 24 hours. However, positive on-chain
The impending Bitcoin halving event has caused a rift among market participants in the world of cryptocurrencies. However, it created an optimistic outlook while others take a cautious attitude. The cryptocurrency world is anxiously anticipating the potential market repercussions as the countdown to the subsequent Bitcoin halving at block 840,000
The Litecoin community is eagerly anticipating the upcoming block reward halving, which set to occur in just 74 days. As the date draws near, it becomes crucial to understand the implications of this event for Litecoin and the wider cryptocurrency market. Litecoin, often referred to as silver to Bitcoin’s gold,
Over time, Litecoin has experienced consistent growth and has garnered increasing attention from investors and traders. Recent headlines have highlighted Litecoin’s (LTC) remarkable achievement of reaching an unprecedented level of daily transactions, bringing it close to matching the renowned Bitcoin’s transaction numbers. The third halving of Litecoin is set to
On August 2, 2023, at block 2,520,000, Litecoin will undergo its third halving. However, changes in the network’s hash rate may need a new target date. The goal of this halving is to slow the rate of inflation and promote a more steady development of the cryptocurrency by lowering the
Litecoin halving is set to occur in 100 days, and the community is expecting a price surge. In the realm of cryptocurrencies, halving refers to a process where the block reward given to miners for verifying transactions on the blockchain is reduced by 50%. This means that miners receive fewer
KuCoin Takes Center Stage at Istanbul Fintech Week 2023, Shares Insights on the Future of Crowdfunding and Blockchain ISTANBUL–(BUSINESS WIRE)–The upcoming Bitcoin halving, scheduled for late April 2024, is expected to create a scarcity effect that drives up demand and price, but the exact impact on the Bitcoin price remains
The progress toward the next Bitcoin block reward reduction has hit 65%. Several on-chain analytics implied that Bitcoin is at or very close to its cycle bottom. The Bitcoin cycle typically reaches its lowest point 517–547 days before the subsequent halving event. So, it will be almost 500 days before
