Decoding how Litecoin managed to break the norm in a bearish market

📆 19-5-2023 00:33:00
📰 CryptoAmb

⏱ Reading Time:
23 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 68%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Litecoin Foundation revealed that the Litecoin network was processing nearly one million transactions every two days. Market indicators also remained bullish on LTC.

registered a decline at the beginning of May. However, the scenario has now changed as the graph has moved up, indicating an influx of new miners.

The increase in hashrate can be attributed to the uptick in miners’ fees. The rise in fees coupled with more transactions and price gains could lure in more miners.A major driving force behind the price pump could be the hype around Litecoin’s upcoming halving. The next halving is scheduled to happen in 69 days from the time of this writing.’s price goes up. Therefore, the possibility of this hype fueling LTC’s pump also seemed pretty likely.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

Schrijf commentaar

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Rapidly Rebounding Real Estate Market Is Bad News For BoCIn a surprise to economists, Canadian home sales “defied gravity” in April, rising double-digits despite a significant lack of supply. realestate realestatenews homesales Canada
Bron: storeyspub - 🏆 16. / 74 Lees verder »