On June 30, the price of Litecoin (LTC) rose above $100. After the correction, the quotes decreased, but the daily growth amounted to 17.3% (CoinGecko).
The LTC/USDT chart on Binance shows that the surge was accompanied by a sharp increase in trading volume. The largest share of the indicator fell on OKX – over 10%, according to CoinGecko.
According to BitInfoCharts, On June 27, the hashrate of the cryptocurrency network updated its historical maximum at around 797.5 TH / s. In 12 months, the indicator almost doubled from ~400 TH/s.
Around August 4 online happen halving — the amount of block mining reward will be reduced from the current 12.5 LTC to 6.25 LTC. As in bitcoin, this event for Litecoin occurs every four years.
Ahead of the halving, in just one week, from June 10 to 17, the number of new addresses on the Litecoin network increased by 54.6%, exceeding the 300,000 mark.
On June 20, the EDX Markets exchange launched, which was previously supported by Citadel Securities, Fidelity Investments and Charles Schwab. In addition to the two largest cryptocurrencies by capitalization – bitcoin and Ethereum – only Bitcoin Cash and Litecoin were listed on the platform. The price of BCH added 130% over the week and reached $307 on June 30th.
Recall that in February, the Litecoin network launched an analogue of the Ordinals bitcoin protocol, which allows you to place various objects in the form of images, text, video and in other formats.
In May, the Litecoin Foundation entered into an agreement with cross-chain swap aggregator Rubic.
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Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!
On June 30, the price of Litecoin (LTC) rose above $100. After the correction, the quotes decreased, but the daily growth amounted to 17.3% (CoinGecko).
The LTC/USDT chart on Binance shows that the surge was accompanied by a sharp increase in trading volume. The largest share of the indicator fell on OKX – over 10%, according to CoinGecko.
According to BitInfoCharts, On June 27, the hashrate of the cryptocurrency network updated its historical maximum at around 797.5 TH / s. In 12 months, the indicator almost doubled from ~400 TH/s.
Around August 4 online happen halving — the amount of block mining reward will be reduced from the current 12.5 LTC to 6.25 LTC. As in bitcoin, this event for Litecoin occurs every four years.
Ahead of the halving, in just one week, from June 10 to 17, the number of new addresses on the Litecoin network increased by 54.6%, exceeding the 300,000 mark.
On June 20, the EDX Markets exchange launched, which was previously supported by Citadel Securities, Fidelity Investments and Charles Schwab. In addition to the two largest cryptocurrencies by capitalization – bitcoin and Ethereum – only Bitcoin Cash and Litecoin were listed on the platform. The price of BCH added 130% over the week and reached $307 on June 30th.
Recall that in February, the Litecoin network launched an analogue of the Ordinals bitcoin protocol, which allows you to place various objects in the form of images, text, video and in other formats.
In May, the Litecoin Foundation entered into an agreement with cross-chain swap aggregator Rubic.
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!