Over the past week, Litecoin has experienced a sustained increase in daily confirmed transactions. Following a record-breaking peak of 585,415 daily confirmed transactions on May 10, the blockchain has consistently handled a range of 172,000 to 532,000 transactions per day. Litecoin’s Daily Transaction Rise Continues Since May 2, 2023, the Litecoin (LTC) network has been witnessing an unprecedented surge in daily transactions. Bitcoin.com News first reported this development 11 days ago on May 18, and the momentum of LTC transactions has shown no signs of slowing down. To put it in perspecti ..read more

At 11:06 a.m. Eastern Time (ET) on April 29, 2023, at block height 787,500, the number of blocks left to discover until the next Bitcoin blockchain halving is now fewer than 52,500 blocks. This means the network has progressed 75% through the 210,000-block halving cycle, which will ultimately result in a reduction of the block reward from 6.25 bitcoins per block to 3.125 bitcoins per block. Bitcoin Halving Countdown: Fewer Than 52,500 Blocks Left to Discover On Saturday morning (ET), the Bitcoin network progressed 75% of the way toward the next block reward halving, with fewer than 52,500 bloc ..read more

Bitcoin and select altcoins have rebounded sharply off their support levels, a possible sign that traders are buying the recent dip in the market. Bitcoin (BTC) is leading the cryptocurrency markets on the path to recovery. Although the United States Consumer Price Index (CPI) print for January was marginally higher than expectations, it did not dent the enthusiasm of bullish crypto trader. A positive response to seemingly negative data is a sign that the sentiment is bullish and traders are looking for buying opportunities. However, some analysts are cautious due to the strengthening of the ..read more

Litecoin raced to a nine-month high on Feb. 1, following a breakout of a key resistance level. The surge in price comes as the global cryptocurrency market cap rose marginally higher today, and is up by 0.57% as of writing. Cosmos was another notable mover, with prices up for a second straight session. Litecoin (LTC) Litecoin (LTC) surged to a nine-month high on Wednesday, as prices rose past a key resistance level. LTC/USD hit a peak of $97.73 earlier in today’s session, less than 24 hours after trading at a low of $93.05. As a result of the surge, litecoin rose to its strongest point since ..read more

Litecoin price has formed a head and shoulders pattern. The US will publish the latest inflation data on Tuesday. The Fed will deliver its rate decision on Wednesday. Litecoin price formed a small doji pattern ahead of the upcoming US inflation data and central bank decisions. It dropped to a low of $73.50, the lowest level since November 29. It has crashed by more than 12% below the highest level this year. Inflation and central bank decisions Litecoin and other cryptocurrencies have pulled back on Monday ahead of what will be a busy week. On Tuesday, the US will publish the latest ..read more

Litecoin performed strongly in November. The cryptocurrency witnessed increased accumulation last month. LTC has found resistance at $80, paving the way for a breakout or correction. A strong surge in November took Litecoin (LTC/USD) to $83. That’s nearly double the price of $47 on November 9. The gains also took LTC above a crucial resistance, paving the way for further gains in the cryptocurrency. However, LTC has been consolidating for more than a week since hitting higher levels.  As CoinJournal previously reported, Litecoin’s halving event, which is months away, could ..read more

From one Candian coffee shop to a worldwide network of nearly 39,000, crypto ATMs have turned nine years old and are only expected to continue growing. On Oct. 29, 2013, a coffee shop in downtown Vancouver, Canada opened what is understood to be the world’s first publicly available Bitcoin (BTC) automatic teller machine (ATM) operated by Robocoin.  The crypto ATM saw 348 transactions and $100,000 transacted in its first week of operation. As of Oct. 30, 2022 — nine years and one day on — Robocoin has ceased operations and the first crypto ATM has likely been removed or replaced, but crypt ..read more

Litecoin has been underperforming over the last seven days and could record further losses before the end of the week. LTC, the native coin of the Litecoin blockchain, has been underperforming over the last few days. The coin is down by more than 5% in the last seven days and has lost more than 2% of its value over the past 24 hours. However, with LTC underperforming at the moment, what is the outlook after this latest dip? What drove the Litecoin price to dip toward $50? LTC is trading at around $51 per coin at press time. The cryptocurrency could record further losses and lose its support ..read more

XRP remained close to a four-month high on Wednesday, following a recent breakout of a key resistance level. The token was above $0.4000 for a second consecutive session, which happened for the first time since June. Litecoin also edged higher, after prices rebounded following recent losses. XRP XRP continued to trade close to a four-month high on Wednesday, as bullish sentiment remained strong within the token. Following a low of $0.3774 earlier in today’s session, XRP/USD raced to a peak of $0.4215 on hump day. The move comes after the token broke out of its key price ceiling of $0.4000 on ..read more

The Litecoin blockchain has been up and running for over a decade with no downtime. Litecoin (LTC), known as “the silver to Bitcoin’s gold,” has been around for almost 11 years — which is quite a feat considering a fair amount of cryptocurrencies go bust within 12 months of launching. Cointelegraph spoke with the Litecoin Foundation’s managing director, Alan Austin, about why he thinks Litecoin’s core utility is serving as a reliable means of payment. As told by Austin, much of his vision for Litecoin is drawn from personal experience: “When I finished grad school, I worked with startup tech ..read more