Litecoin ‘Halving,’ Set for Wednesday, Should Harden Supply of ‘Digital Silver’

2023-8-2 00:31

The once-ever-four-years "halving" on the Litecoin blockchain, set for Wednesday, means that the pace of new issuance of units of the LTC cryptocurrency will be cut in half. The dynamic is similar to the "hard money" mechanics that crypto analysts say helps to boost bitcoin's price.

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Litecoin (LTC) на Currencies.ru

$ 78.76 (+0.34%)

Объем 24H $349.738m

Изменеия 24h: -2.52 %, 7d: -1.57 %

Cегодня L: $78.36 - H: $79.44

Капитализация $5.87b Rank 19

Цена в час новости $ 91.33 (-13.76%)

wednesday halving set litecoin hard similar dynamic

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Источник: coindesk.com

wednesday halving → Результатов: 18

Litecoin Sharks Buy More Than 200,000 LTC Ahead Of Wednesday’s Halving

Over the last few months, Litecoin has emerged as one of the top trending cryptocurrencies due to its halving event happening in August. As this event drew closer, crypto investors began filling up their LTC bags in preparation for what is expected to be a very bullish event.

2023-8-1 02:00	LTCUSDT
event halving litecoin ltc drew closer crypto

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As Litecoin Halving Approaches, Founder Touts Silver Collector Cards Loaded With 'Digital Silver'

Litecoin’s third “halving event” – a programmed 50% reduction in the pace of new issuance of the cryptocurrency – is expected on Wednesday.

2023-8-1 23:02	Halving
silver halving litecoin new pace issuance wednesday

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Grayscale Consuming 53% More Bitcoin than Minted Since Halving

Goldman Sachs’ call covering bitcoin on Wednesday left the crypto community disappointed after they said that the largest cryptocurrency is not an asset class and they do not recommend it to their clients.

2020-5-29 18:06	Trading & Investing
bitcoin cryptocurrency largest said clients recommend asset

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Market Wrap: Bullish Traders Push Bitcoin Over $9,100, Returning to Halving Levels

Traders were feeling good about bitcoin’s upward trend and pushed it over $9,100 Wednesday.

2020-5-28 00:07
bitcoin 100 traders upward good trend feeling

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Cryptocurrency News Roundup for May 13, 2020

Following a low-key third halving (in terms of price), Bitcoin was maintaining a sort of quasi-stability in the high-$8,000s for nearly two days. On Wednesday, however, things started pacing up once again as the benchmark cryptocurrency crossed the psychological barrier at $9,000 and then went straight past the resistance at $9,200.

2020-5-14 12:20
cryptocurrency resistance once again pacing however things

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Why Bitcoin Breaking Past $9,000 Is Just the Start of a Booming Bull Trend

Since falling as low as $8,180 on Monday, the day of the halving, Bitcoin has mounted a strong comeback. The comeback culminated in a surge past the key $9,000 resistance on Wednesday, seen on the right-hand side of the chart below.

2020-5-14 22:32	xbtusd
bitcoin comeback past culminated mounted surge resistance

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Bitcoin Crossing $9,500 Could Lead to a “Major Spike”: Analyst Explains Why

Since falling as low as $8,180 on Monday, the day of the halving, Bitcoin has mounted a strong comeback that culminated in a move to $8,900 on Wednesday morning. Although this near 10% bounce from the lows has been impressive, traders believe that BTC could undergo a “major spike” should the ever-important $9,500 level be taken as support by bulls.

2020-5-13 15:00	Technical Analysis
bitcoin spike major could 500 impressive traders

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Jimmy Song Says The Best Days Lie Ahead For Bitcoin Investors As BTC Tops $9.2K

The Bitcoin price surged past the significant $9k level again on Wednesday as traders remain optimistic about the price of the top cryptocurrency after the halving that is in five days. The flagship cryptocurrency surpassed $9,200 after gaining approximately 3.

2020-5-7 19:04
price cryptocurrency bitcoin days approximately gaining remain

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Traders Flee Top Crypto Tokens for Bitcoin Ahead of Halving

All the top crypto tokens fell against Bitcoin this Wednesday but recorded gains in the US dollar-enabled markets. High-cap altcoins have logged negative returns in May 2020, right ahead of Bitcoin’s much-awaited mining reward halving.

2020-5-7 17:00	Cryptocurrency
bitcoin halving ahead crypto tokens negative returns

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Bitcoin Hits $9.3K as S&P 500 Heads for Another Winning Session

Bitcoin topped at $9,300 for the first time in a week on “halving FOMO. ” The cryptocurrency’s upside move surfaced as the S&P 500 index pointed towards new gains at the Wednesday’s open on Wall Street.

2020-5-7 15:00	S&P 500
bitcoin 500 index surfaced hits upside move

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Market Outlook: Crypto Market Prices Rally Ahead of Bitcoin Halving, BTC Up $1K in 24 Hours

Cryptocurrency markets are bullish on April 29, as BTC prices have spiked over 11. 8% in the last 24 hours touching a high of $8,740 per coin during Wednesday’s trading sessions. Bitcoin has gained 130% in value since the market rout on March 12 otherwise known as ‘Black Thursday.

2020-4-30 20:45	Market Update
market hours bitcoin btc prices coin gained

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The Same Bitcoin Trigger that Sparked 239% Rally in April 2019 is Back

Bitcoin closed above a crucial resistance area Wednesday. The ceiling was instrumental in beginning a new bull run back in 2019, wherein the price surged by 239%. Traders’ optimism for bitcoin has peaked ahead of its mining reward halving in May 2020.

2020-4-29 08:11	Cryptocurrency
bitcoin 2019 239 back traders optimism 2020

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BCH, BSV Halving Expectations Flopped, Will Bitcoin’s Follow Same Path?

On Wednesday, April 8, BCH went through its first halving, increasing its prices by 12%, and its fork Bitcoin SV got a 19% increase that same day, which didn’t have the expected impact on the crypto community.

2020-4-11 23:12	Bitcoin SV
same bitcoin bch halving increase community got

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Bitcoin Cash Approaches Milestone With First Halving Expected Wednesday

The event is a foreshadowing of the same process happening on a larger scale on the BTC blockchain next month.

2020-4-8 02:30
happening process same larger scale month blockchain

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Market Update: Bitcoin Halving Hype, Golden Cross Signals, and GBTC’s 41% Premium

Cryptocurrency markets have seen fresh gains on Wednesday after the slight pullback that started two days prior. Most of the top 10 digital currencies by market cap have gained between 4-8% and the entire market valuation of all cryptos has hovered between $295-300 billion.

2020-2-19 17:54	XTZ
market between days currencies digital prior gained

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Bitcoin Price Stabilizes Above $7,000 as Only 169 Days Left till BTC Halving

Coinspeaker Bitcoin Price Stabilizes Above $7,000 as Only 169 Days Left till BTC HalvingBitcoin fell to a six-month low just above $6,500 on Wednesday, however, now it seems to have gained a little bit and stabilized above $7,000.

2019-11-27 15:57	XRP
above left days 169 till btc price

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Litecoin Price and Hashrate Diving Down; What’s Next?

Litecoin’s hash rate has declined by over 30% since its block size halving event earlier this month, the latest data shows. Litecoin Trades At Lows Against USD The increasingly troubled altcoin, currently the fifth-largest cryptocurrency by market cap, has lost 30% of its value since the halving, which occurred on August 5.

2019-8-28 18:00	litecoin
litecoin diving down data halving hashrate usd

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Bitcoin fails to draw safe haven flows amid Middle East crisis: Kaiko

Amid Middle East tensions, Bitcoin's value drops by 6%, underperforming as a safe-haven asset compared to gold and the US Dollar's rally. The post Bitcoin fails to draw safe haven flows amid Middle East crisis: Kaiko appeared first on Crypto Briefing.

Bitcoin investors to moderate price expectations post-halving: Glassnode

Glassnode advises Bitcoin investors to moderate their expectations for the upcoming halving, citing historical data and diminishing returns. The post Bitcoin investors to moderate price expectations post-halving: Glassnode appeared first on Crypto Briefing.

Bitcoin's Post-Halving Demand to Be 5x Greater Than Supply, Bitfinex Estimates

The new BTC supply added to the market could drop to $30 million per day, according to Bitfinex.

Bitcoin on-chain metrics are “decidedly positive” after the halving, highlights Bitfinex report

The SEC's approval of Bitcoin ETFs has transformed the market, with inflows supporting prices and altering post-halving dynamics. The post Bitcoin on-chain metrics are “decidedly positive” after the halving, highlights Bitfinex report appeared first on Crypto Briefing.

Bitcoin Transaction Fees Come Crashing Down Post Halving

After the halving, fees spiked to $146 for a medium-priority transaction and $170 for a high-priority transaction.

The Bitcoin Halving Is Here, and With It a Giant Surge in Transaction Fees

Soccer has the World Cup. Athletics and many other sports have the Olympics. Crypto has the halving. The milestone in the blockchain's 15-year history technically means a cut in rewards for crypto miners with each block – a feature designed to minimize inflation.

This Bitcoin halving could lead to greater mining power centralization: Bitfinex analyst

Upcoming Bitcoin halving may lead to mining power centralization and innovation as miners adapt to new profitability challenges. The post This Bitcoin halving could lead to greater mining power centralization: Bitfinex analyst appeared first on Crypto Briefing.

2023-8-2 00:31

wednesday halving → Результатов: 18

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