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. origin »

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Litecoin (LTC) íà Currencies.ru

$ 58.86 (-0.36%)
Îáúåì 24H $503.425m
Èçìåíåèÿ 24h: -3.47 %, 7d: -15.05 %
Cåãîäíÿ L: $58.86 - H: $58.88
Êàïèòàëèçàöèÿ $4.521b Rank 21
Öåíà â ÷àñ íîâîñòè $ 91.33 (-35.55%)

wednesday halving set litecoin hard similar dynamic

Èñòî÷íèê: coindesk.com

wednesday halving → Ðåçóëüòàòîâ: 18


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


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Bitcoin 4-Year Rhythm Fades Out As Fresh Market Forces Emerge: Expert

Bitcoin’s famously noted four-year cycle, previously tied to its halving occurrences, could be losing prime market driver status, according to some top experts. For decades, the halving—a built-in reduction of miner compensation every four years—had been preceded by sharp spikes and precipitous drops in price.