Category: litecoin

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

Bitmain Sets Release for L9 Miner, Promising Unchallenged Efficiency in Scrypt MiningAccording 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 […]

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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 of the #altcoin pack in the past 24 hours, powered by significantly higher transaction volume than usual throughout the past month. More importantly, the average of $LTC investments is getting younger, indicating whales are moving more coins… pic.twitter.com/YUBTqi3mXu — Santiment (@santimentfeed) April 2, 2024 A

The post LTC Shows Resilience Amidst Bearish Crypto Market Sentiment appeared first on The Merkle News.

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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 time last year. The total number of addresses with a balance on the Litecoin Network continues to grow! Currently at 8 million and adding over a MILLION hodlers since this time last year!! $LTC ⚡️ #HODL pic.twitter.com/mm2HFcWC00 — Jay Ⓜ️🕸️ (@MillaLiraj) March 25, 2024 Exciting

The post Litecoin Gains Traction As Coinbase Plans Futures Trading appeared first on The Merkle News.

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