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Litecoin experienced a surge in network activity in 2024, with average daily active addresses climbing to 401,000, up from 366,000 in the previous year. This steady growth underscores Litecoin’s increasing utility and adoption across its user base. Milestones in Network Activity The peak of Litecoin’s activity was recorded in early January 2024, with a remarkable … Read more
Litecoin ($LTC) has surged past its weekly resistance level as predicted, setting its sights on a target of $150. The cryptocurrency’s market cap has seen a $1 billion increase, climbing 15% to reach $119.64 billion. This breakout has significantly benefited Litecoin holders, with nearly 80% now in profit—the highest percentage since November 2021, when $LTC … Read more
The balance held by short-term Litecoin (LTC) investors has increased significantly, rising 31% over the past month. These surges among short-term holders are not unusual, often appearing at market bottoms or before substantial price rallies. https://twitter.com/intotheblock/status/1856259138822574181?t=k-5Iox86Rgt1zhnc14pGtw&s=19 In a strategic move, Litecoin has partnered with Coinut to introduce Wrapped Litecoin (WLTC) on the Ethereum blockchain. This … Read more
Grayscale Digital Large Cap Fund could be the first US ETF to hold altcoins such as Solana and AVAX if approved. Go to Source
Unspent transaction outputs create a long history that is tracked by onchain analysts, blockchain heuristic companies, and law enforcement. Go to Source
Litecoin ($LTC) is gaining momentum, with transactions exceeding $100,000 over the past seven days reaching an impressive $20.09 billion. This figure is nearly on par with Ethereum’s ($ETH) $22.83 billion, despite $ETH having a significantly larger market capitalization. #Litecoin is accelerating! Transactions greater than $100k over the past 7 days now stand at $20.09 billion! … Read more
Litecoin ($LTC) has been on a volatile yet steady downward trajectory, mirroring the broader crypto market’s retracement. Notably, $LTC has historically moved counter to the market, but today’s decline suggests a shift in sentiment. $LTC is witnessing a significant decline in the number of small-balance holders, indicating that weak hands may be capitulating as the … Read more
Litecoin’s on-chain activity has been nothing short of remarkable, with on-chain volume on the network more than doubling over the past year. This impressive growth is highlighted by the jump from 196 million LTC moved on-chain during the week of August 14, 2023, to over 412 million LTC moved in the most recent week. In … Read more
Recent data from @santimentfeed highlights Litecoin’s prominent position in the cryptocurrency world, particularly regarding the number of non-empty wallets. This trend underscores strong investor trust and the stability of LTC. Litecoin continues to stand out in the cryptocurrency world, particularly in terms of the number of non-empty wallets, indicating strong investor trust and stability. Source, … Read more
Litecoin, often dubbed the silver to Bitcoin’s gold, is witnessing a substantial surge in high-value transactions, processing an average of $2.85 billion daily in transactions over $100,000. This figure represents more than 50% of Litecoin’s market capitalization, underscoring significant whale activity within its network. In comparison, Dogecoin, despite having roughly three times the market cap … Read more
