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Mining Litecoin in 2024: is it still profitable?
15.4.2024
Litecoin, sometimes known as the “silver of Bitcoin’s gold,” was designed as a lighter and faster alternative to Bitcoin. Its blockchain uses an alternative hashing method called Scrypt, allowing faster transaction confirmations. With an active development community and acceptance by numerous...
Weight addition by Litecoin Futures
1.4.2024
Litecoin Futures could go live for trade as early as April 1, 2024. They will represent 5 Litecoin, with Coinbase reserving 10,000 LC futures to its name. This translates to 50,000 LTC with a nominal value of $1.02 billion. Litecoin takes its inspiration from Bitcoin. Analysts have stated that...
Can Litecoin’s price surmount $100 again? A thorough examination!
15.3.2024
Litecoin’s downfall from the $100 milestone practically started a couple of days ago, on March 12, 2024, to be more specific. It retraced to the current value of $87.33 (at the time of writing) after exchanging hands for as high as $104 in the last 7 days. While that signifies a climb of 2.55%...
Litecoin (LTC) price increased more than 18% within 24 Hours
12.3.2024
Litecoin’s LTC value has witnessed an 18.15% increase in the last 24 hours, currently standing at $99.09. In the previous week, Litecoin LTC token value moved from $89.13 to an increase of 18%. Based on technical analysis charts, the volatility and price movements for LTC over the last 24 hours...
Top 5 reasons to be bullish on Litecoin in 2024
13.2.2024
In the current scenario, major cryptocurrencies such as Bitcoin and Ethereum are witnessing massive surges in their prices due to the bullish action of traders worldwide. Litecoin is a cryptocurrency that has maintained a stable position in the crypto industry since its introduction in 2011....
Litecoin takes the lead in cryptocurrency payments
8.1.2024
Litecoin has become the most used crypto for payments, according to new BitPay data. According to the largest payment processor in the world, LTC holds a global share of 38.25% in payments. The percentage rose from 34.52% in November to 38.25% in December 2023. The number set a new all-time high...
Litecoin struggles for investor attention despite ETF potential
5.1.2024
Litecoin saw a drop of 20% in its pricing, lowering it to a level of less than $70. However, it managed to climb by 10%. It was a while back when Grayscale felt that it would be possible for the company to change its trusts in the form of ETFs, provided the SEC gave its …
Litecoin struggles with relevance but reaches two milestones
12.10.2023
Litecoin is comparatively doing better, but the fact that it was second to Bitcoin in some days makes the community believe it will continue to hold relevance in the days to come. It has achieved two milestones to mark a sign of relief; however, that barely instills a sense of confidence among...
Is Litecoin overrated? Exploring its demand amidst price changes
7.9.2023
Litecoin remains one of the first altcoins to be introduced worldwide in 2011. It was initially teased as an economical alternative to Bitcoin. It gained popularity only in 2021, when the token peaked at $417. However, things have been somewhat dismal for LTC, with the price slipping constantly...
Exploring Litecoin’s demand amidst lowered prices
7.9.2023
Litecoin remains one of the first altcoins to be introduced worldwide in 2011. It was initially teased as an economical alternative to Bitcoin. It gained popularity only in 2021, when the token peaked at $417. However, things have been somewhat dismal for LTC, with the price slipping constantly...
Leveraging Litecoin: Unpacking opportunities in the digital economy
6.9.2023
Litecoin distinguishes itself with its unique qualities and is frequently referred to as the “silver” to Bitcoin’s “gold.” This essay explores the intriguing possibilities that Litecoin brings to the forefront of the digital economy, illuminating how its distinct...
Experts say Litecoin is overvalued; buy Borroe & Tron instead
5.9.2023
Cryptocurrency experts recently insisted that Litecoin ($LTC) is overvalued, but the token keeps rising amid a bullish sentiment in the entire market. Elsewhere, TRON ($TRX) is bullish due to a massive growth in daily transactions. However, investors prefer Borroe ($ROE) since it is regarded as...
Litecoin and Bitcoin Spark: The dynamic duo for lightning-fast transactions
1.9.2023
Blockchain technology is a revolutionary innovation and advancement slowly shaping the world. However, blockchain networks have long battled slow transactions and inefficiencies due to the high computational requirements needed to approve transactions and validate adding new blocks. Litecoin...
Litecoin & Stellar struggle: Can VC Spectra become the new market leader?
29.8.2023
Litecoin (LTC) and Stellar (XLM) have long been investor favorites, but their stars have faded since VC spectra (SPCT) came into the limelight. Litecoin had a much-hyped halving event that did not meet expectations. On the other hand, Stellar’s price has not reached the astronomical level investors...
Litecoin Shows Signs of Optimism: Will It Last?
25.8.2023
After the market took a hit on 16-17th August, Litecoin followed a significant drop. But guess what? LTC quickly bounced back, which has got everyone wondering – is this optimism here to stay? In this post, we will check different aspects to support (or deny) the optimism with recent developments...
Litecoin & Chainlink holders turn to VC Spectra as bearish pressure lingers
24.8.2023
As bearish sentiment persists in the cryptocurrency market, holders of Litecoin (LTC) and Chainlink (LINK) are increasingly turning their attention to VC Spectra (SPCT). Buyers are exploring the potential of VC Spectra as a promising investment option to make up for their losses in the prevailing...
Questions raised over SEC’s ETH perspective; LTC & TOADS seen as 2023’s big winners
23.8.2023
Winners and losers. Investors must select the former and avoid the latter. This was significantly more difficult in 2017. But at the current stage of development and all the research tools available to investors, this job has become far more straightforward. A classic strategy is the purchase...
Decoding Litecoin future: Halving impact and network metrics
16.8.2023
Recently, Litecoin completed its third halving event on August 2, 2023. This halving is significant for miners, slashing their rewards in half. The initial buzz was there, and Litecoin’s mining sector seemed to be on the rise, with promising growth. However, as we look closer...
The effect of Litecoin Halving & its adoption in crypto industry
16.8.2023
Litecoin Halving has been one of the most game-changing events in the crypto sports betting industry. Litecoin Halving occurs approximately every 4 years or 840,000 blocks. Halving is a process of reducing the amount of block rewards paid to the miners by half. Litecoin Halving is a hardcoded...
Litecoin, Monero, & Pomerdoge high-potential cryptos to invest in
13.8.2023
Litecoin (LTC), Monero (XMR), and Pomerdoge (POMD) are three altcoins that have high-growth potential and can dominate the market during the upcoming months. As a result, a lot of investors began making purchases of these altcoins to diversify their portfolios, but how far can they climb? Join...