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Litecoin Sees Surge In High-Value Transactions, Rivaling Ethereum

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Litecoin ($LTC) is gaining momentum, with transactions exceeding $100,000 over the past seven days reaching an impressive $20.09 billion. This figure is nearly on par with Ethereum’s ($ETH) $22.83 billion, despite $ETH having a significantly larger market capitalization. #Litecoin is accelerating! Transactions greater than $100k over the past 7 days now stand at $20.09 billion! … Read more

Litecoin’s Decline: A Sign Of Capitulation Or A Turning Point?

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Litecoin ($LTC) has been on a volatile yet steady downward trajectory, mirroring the broader crypto market’s retracement. Notably, $LTC has historically moved counter to the market, but today’s decline suggests a shift in sentiment. $LTC is witnessing a significant decline in the number of small-balance holders, indicating that weak hands may be capitulating as the … Read more

Litecoin Shows Strength With Non-Empty Wallets And Major Funding Announcement

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Recent data from @santimentfeed highlights Litecoin’s prominent position in the cryptocurrency world, particularly regarding the number of non-empty wallets. This trend underscores strong investor trust and the stability of LTC. Litecoin continues to stand out in the cryptocurrency world, particularly in terms of the number of non-empty wallets, indicating strong investor trust and stability. Source, … Read more

Litecoin Sees Surge In High-Value Transactions And MWEB Activity

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Litecoin, often dubbed the silver to Bitcoin’s gold, is witnessing a substantial surge in high-value transactions, processing an average of $2.85 billion daily in transactions over $100,000. This figure represents more than 50% of Litecoin’s market capitalization, underscoring significant whale activity within its network. In comparison, Dogecoin, despite having roughly three times the market cap … Read more

Litecoin Surpasses Bitcoin And Ethereum In Active Addresses, Signaling Mass Adoption

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Litecoin has emerged as the most active blockchain in the world, consistently surpassing Bitcoin ($BTC) and Ethereum ($ETH) in terms of authentic active addresses. According to data from @intotheblock, Litecoin’s addresses that made one or more on-chain transactions have outpaced those of its more well-known counterparts. This trend underscores Litecoin’s growing adoption as a global … Read more

Litecoin Activity Surges Despite Stable Prices, Outpacing Ethereum In Address Activity

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Despite Litecoin’s price remaining relatively stable over the past 30 days, data from Lookonchain reveals a significant spike in activity. Yesterday, the number of active Litecoin addresses soared by 75%, reaching its highest level since January and surpassing Ethereum by over 100,000 active addresses. https://x.com/intotheblock/status/1799006336451244319?t=6uowNSmKiFD9rhWCBOrNzw&s=19 In addition to this surge in address activity, the number … Read more

Litecoin Dominates BitPay Transactions As Whales Amass $230M In LTC

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Litecoin continues to assert its dominance in the cryptocurrency transaction space, holding the top spot for transactions on BitPay for the fifth consecutive month. Averaging over 40% of all transactions this year, Litecoin’s transaction volume surpasses the combined total of the next three most-used cryptocurrencies on the platform. Litecoin is by far #1 for transactions, … Read more

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

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According 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 … Read more