Litecoin futures open interest jumps ahead of upcoming halving event
The spike in Litecoin futures open interest may be influenced by the upcoming halving event, where the rate of new coin issuance will be reduced by half.
Litecoin
The spike in Litecoin futures open interest may be influenced by the upcoming halving event, where the rate of new coin issuance will be reduced by half.
Litecoin Ordinals completed its 3 million inscriptions. The blockchain’s hashrate has been on the rise, as has its price action.
Litecoin price is attempting an upside break above $93 against the US Dollar. LTC could rally if it clears the $93 and $95 resistance levels.
The Litecoin price analysis shows a further collapse of price levels. The LTC/USD pair price went a little up on May 19 and 20, 2023, after a strong correction.
While the prospects of a move to $100 looked good, a Litecoin rally above the yearly highs was dubious.
The cryptocurrency ecosystem is seeing a mild bullish run this weekend with Litecoin (LTC) notably riding the trend. The Proof-of-Work (PoW) blockchain protocol broke its crucial resistance price at $90…
The latest Litecoin price analysis shows a bearish trend despite its efforts to surpass the $92.8 resistance. In the past few hours, the price has faced rejection at this level,…
The next Litecoin halving event is coming in August, and that has investors excited about this coin’s future upside potential.
Peer-to-peer payments network Litecoin (LTC) is outperforming most of the digital asset markets as LTC bulls anticipate the next halving. According to on-chain data from BitInfoCharts, the number of daily…
The latest price moves in bitcoin (BTC) and crypto markets in context for May 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto…