Cryptocurrency | Price (USDT) |
---|---|
BTC | $107294.6900000000 |
ETH | $2431.6360000000 |
BNB | $648.8197400000 |
XRP | $2.1860900000 |
ADA | $0.5667708000 |
SOL | $150.0807000000 |
DOGE | $N/A |
DOT | $3.3966800000 |
LTC | $86.6477000000 |
LINK | $13.3466700000 |
Category: CRYPTO NEWS
The post Litecoin (LTC) Nears All-Time Highs, But Not in Price appeared on BitcoinEthereumNews.com. Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. The Litecoin network is flourishing, with its hashrate approaching new all-time highs. Now at 1.7 PH/s, Litecoin’s hashrate has consistently grown since the start of the year. This remains beneficial as, the higher the hashrate, the more computational power is contributed to the network, increasing the chances of successfully mining a block and earning rewards. Network Check: Litecoin’s Hashrate is getting close to hitting new all time highs! Currently cranking in at:🔥🔥🔥🔥 1.7 PH/s 🔥🔥🔥🔥That’s 1,700,000,000,000,000 hashes/s! $LTC is more secure than ever! pic.twitter.com/loEnLWf9MI — Litecoin Foundation ⚡️ (@LTCFoundation) November 19, 2024 This week as well, Litecoin broke a new record by completing 84 million transactions by 2024 — the highest total in a single year and already 17 million higher than in 2023. Likewise, the balance held by short-term LTC holders has also skyrocketed, increasing by 31% in the past month. This remains significant as increases in the balance of short-term holders frequently correlate with bottoms or occur before substantial price jumps. Related At the start of November, Litecoin welcomed the Core v0.21.4 Release, a patch version release that includes new features and important security updates. This release contains fixes for security vulnerabilities, such as one that allows remote attackers to cause a denial of service. It also addresses the issue of hindered block propagation owing…
2024-11-21T03:23:06+00:00