As of July 25, the data is on-chain Indicates The hash rate allocated to the Litecoin mining network from Binance Pool, a platform focused on improving miners’ income, has decreased by more than 50% in the past seven months. In cryptocurrency mining, hash rate is the cumulative computing power that is routed to a proof-of-work […] More
On-chain data shows that Litecoin traders are showing signs of capitulation, as the asset’s long-awaited halving event is now only a few hours away. Does Litecoin Halving Mean Buying the Rumor and Selling the News Event? “Halving” here refers to a periodic event where Litecoin block rewards (i.e. the rewards miners receive for mining blocks) […] More
Litecoin’s hash rate has been rising steadily over the past year. This was mainly driven by anticipation leading up to the Litecoin halving that was scheduled to take place in August. Now that the halving event is over, the hashrate has risen to a new all-time high, but the question is whether the LTC price […] More
Data shows that long-term Litecoin holders exited the asset ahead of the halving, while short-term Litecoin holders were left in a state of panic on halving day. The “halving” here refers to an event in which Litecoin block rewards are permanently halved. Long-term Litecoin holders sold off during the pre-halving price rally According to market […] More
On-chain data shows that Litecoin has reached another milestone with the total number of HODLers on the network now exceeding five million. The number of long-term Litecoin holders has continued to rise recently According to market intelligence platform data IntoTheBlock, LTC saw its number of long-term holders reach a new record this week. The company […] More