Press Release Today TheBitTimes.com

Next week, the crypto industry will closely follow the Litecoin (LTC) halving , which takes place every four years. Experts are monitoring the potential outcomes with interest.  At the same time, investors are exploring Borroe and its prospects for 2023 as Cardano (ADA) continues to grow and develop. >>Buy ROE tokens now<< Litecoin halving approaching The Litecoin halving is scheduled for on or around August 2, 2023. It could impact LTC prices and the broader crypto ecosystem. After halving , miner block rewards will drop from 12.5 to 6.25 LTC. You might also like: Litecoin emerges as top gainer with 7.23% increase ahead of halving Historically, prices tend to rise before, during, and after halving. In 2023, LTC prices rose 37.3% in five days, driving the coin from $82.84 to $113.70 between June 28 and July 3, 2023. Shortly after July 3, retail market participants and early bulls exited, forcing prices lower.  Experts expect higher prices following the ...

Unlike most of the top ten assets like Bitcoin and Ethereum, which are down 1.1% and 0.9%, respectively, to $30,385 and $1,872, Litecoin price shows vivid signs of a breakout taking shape. advertisement Is Litecoin Price Ready for a Pre-Halving Rally Litecoin, like Bitcoin, goes through four-year cycles marked by an event referred to as Halving or halvening, which slashes the reward for mining a block of LTC by 50%. Halving is designed to control the supply and inflation of the coin, which has a maximum limit of 84 million. In 20 days, investors are expecting the next LTC halving on August 2, at block 2,520,000, when the miner reward will drop from 12.5 LTC to 6.25 LTC per block. While the impact of the halving event on Litecoin price is uncertain, the crypto has already seen its market value grow by 28% in one month. Meanwhile, investors have, in the last few weeks, been filling their bags ahead of the August 2 event, which changes supply and demand dynamics...

Litecoin is the winner in daily crypto gains as whales appear to be behind the ongoing LTC price rally, on-chain data suggests. Litecoin (LTC) emerged as one of the best-performing cryptocurrencies on March 23, surpassing its top-ranking rivals Bitcoin (BTC) and Ether (ETH).  Litecoin attracts Bitcoin and Ethereum investors LTC price rallied 5.5% to reach an intraday high of around $92.50. In comparison, the total crypto market capitalization (TOTAL) has risen 2.25% to $1.14 trillion, with BTC and ETH rising 1.79% and 1.42%, respectively. The Federal Reserve's 25 basis points (bps) rate hike on March 22 appears to be the key driver behind Litecoin beating its crypto rivals over the past 24 hours. Notably, LTC price rallied over 15% versus BTC and about 14.5% versus ETH since the Fed announcement. LTC/ETH and LTC/BTC daily price chart. Source: TradingView One reason could be that Litecoin has relatively underperformed the cryptocurrency market in March, dropping over 6.5% month-t...