Litecoin Surpasses Bitcoin And Ethereum In Active Addresses, Signaling Mass Adoption

Litecoin has emerged as the most active blockchain in the world, consistently surpassing Bitcoin ($BTC) and Ethereum ($ETH) in terms of authentic active addresses. According to data from @intotheblock, Litecoin’s addresses that made one or more on-chain transactions have outpaced those of its more well-known counterparts. This trend underscores Litecoin’s growing adoption as a global … Read more

Litecoin Activity Surges Despite Stable Prices, Outpacing Ethereum In Address Activity

Despite Litecoin’s price remaining relatively stable over the past 30 days, data from Lookonchain reveals a significant spike in activity. Yesterday, the number of active Litecoin addresses soared by 75%, reaching its highest level since January and surpassing Ethereum by over 100,000 active addresses. https://x.com/intotheblock/status/1799006336451244319?t=6uowNSmKiFD9rhWCBOrNzw&s=19 In addition to this surge in address activity, the number … Read more

Litecoin Dominates BitPay Transactions As Whales Amass $230M In LTC

Litecoin continues to assert its dominance in the cryptocurrency transaction space, holding the top spot for transactions on BitPay for the fifth consecutive month. Averaging over 40% of all transactions this year, Litecoin’s transaction volume surpasses the combined total of the next three most-used cryptocurrencies on the platform. Litecoin is by far #1 for transactions, … Read more

Bitmain Sets Release for L9 Miner, Promising ‘Unchallenged’ Efficiency in Scrypt Mining

According to the application-specific integrated circuit (ASIC) mining rig manufacturer Bitmain, the firm is gearing up to introduce its latest Scrypt miner. The L9, which boasts a hashrate of up to 16,200 megahash per second (MH/s) and energy efficiency of 0.21 joules per megahash (J/M) mines litecoin, dogecoin, and digibyte. Bitmain Set to Launch L9 … Read more

LTC Shows Resilience Amidst Bearish Crypto Market Sentiment

Despite the prevailing bearish sentiment across the cryptocurrency market, Litecoin (LTC) has emerged as a standout performer, surging by 8.9% in the past 24 hours. This impressive rally has propelled LTC ahead of its altcoin counterparts, fueled by a notable increase in transaction volume observed over the past month. ⚡️📈 #Litecoin (+8.9%) is well ahead … Read more

CFTC Takes Legal Action Against Kucoin, Highlights BTC, ETH, and LTC as Commodities

The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities. The enforcement action, launched in the U.S. District Court for the Southern District of New York, accuses Kucoin of multiple regulatory breaches involving these digital assets. Kucoin’s Legal Battles Shine a Bright … Read more

Litecoin Gains Traction As Coinbase Plans Futures Trading

Litecoin, a leading cryptocurrency, has seen relatively stable price movement today, registering a modest 0.13% gain. Despite this, on-chain activity paints a promising picture, with the total number of addresses holding Litecoin continuing to surge.  Currently standing at 8 million, this figure reflects a significant increase of over a million hodlers compared to the same … Read more