A recent report by CoinShares revealed that crypto investment products experienced $206 million in outflows last week, with Bitcoin and Ethereum accounting for the majority of the outflows, while altcoins like Litecoin and Chainlink saw substantial inflows during the same period.
Factors affecting profitability, hardware considerations, the benefits of mining pools, and alternative ways to earn Litecoin without direct mining.
Litecoin has emerged as an outlier in the crypto market amid broader turmoil, with the CFTC’s classification of LTC as a commodity contributing to its bullish performance.
Litecoin (LTC) has witnessed a remarkable price surge, climbing 1.46% on March 22 to reach $86.80, driven by the upcoming launch of Litecoin futures contracts on Coinbase and the broader crypto market recovery.
Litecoin has displayed a positive trend recently, gaining 27.37% in the last 30 days. The medium-term trend for Litecoin has been bullish, with LTC increasing by 17.22% in the last 3 months.
Scaling solutions and smart contract platforms built on Bitcoin like Stacks, RSK and MAP Protocol saw double-digit token gains outpacing even Bitcoin’s rally to $56,700.
Litecoin (LTC) has achieved significant milestones in network performance and transaction volume, setting a new all-time high hash rate of 1.31 PH/s and processing over 16 million transactions so far in 2024.
Litecoin’s network hash rate reached an all-time high of 1.31 PH/s, indicating growing strength and security despite recent sideways price action around $70.
Litecoin holds strong technology fundamentals but remains below key levels, while new meme token NuggetRush gains momentum in its ongoing public presale.
The Hong Kong cryptocurrency exchange HashKey has announced the upcoming listing of Litecoin (LTC) on its platform for professional investors, with deposits and withdrawals now enabled ahead of LTC/USD trading going live on January 12th.
