Just In: BitMining Introduces Next Generation Miners for Dogecoin and Litecoin
Cryptocurrency mining company BIT Mining has announced the launch of advanced more recent version of its Dogecoin (DOGE) and Litecoin (LTC) mining machine dubbed LD4. BIT Mining already operates some LD series of ASIC mining machines that were designed by the company and work specifically on the DOGE and LTC blockchain. They offer high hash rates and energy efficiency.
BIT Mining Limited Announces the Next Generation of Litecoin/Dogecoin Mining: LD4
The LD series of ASIC mining machines developed by BTCM are specifically designed for mining on the DOGE and LTC blockchains with peak hashrate and energy efficiency.
Biggest Movers: LTC, LINK Rebound on Monday, Despite Crypto Market Red Wave
Litecoin rose marginally higher to start the week, despite cryptocurrency markets mostly trading lower on Monday. The global crypto market cap is down 0.15% at the time of writing, as volatility remains high. Chainlink also moved higher in today’s session.
Biggest Movers: DOGE Sellers Scupper Rebound, as LTC Remains Near 3-Week Low
Dogecoin rebounded from Wednesday’s drop, with the meme coin briefly climbing back above $0.090 in today’s session. However as the day progressed, bearish sentiment heightened, with price declining. Litecoin was also down today, and continues to trade near a multi-week low.
US Litecoin Visa Cards to Stop Its Services From May 1, 2023
The Litecoin Foundation has announced that it will stop issuing Litecoin Visa cards in the US due to restrictions from banking partner Metropolitan Commercial Bank. The bank has decided to restrict its support for businesses involved with digital currencies, causing Unbanked HQ, which provides the cards, to transition away from MC Bank NY. The BlockCard Visa Prepaid Card will stop working from May 1, 2023, but the announcement does not affect Unbanked's prepaid Mastercard, which is available for UK and EU customers. Despite the news, Litecoin's market value has not seen a significant drop, with LTC trading at $101.53 at the time of writing.
Biggest Movers: LINK Jumps to 6-Month High, LTC Back Above $100
Chainlink rose to a six-month high in today’s session, as crypto markets moved back into the green on Tuesday. Markets were buoyant following stronger than expected Chinese growth data, with the global market cap up 0.45% as of writing. Litecoin also climbed, hitting a two-month high in the process.
LTC Looks Ready For Another Leg Higher Over $105
Litecoin (LTC) has formed a support base above the $95 level against the US Dollar, and is now trading above $98 and the 100 simple moving average (4 hours). A key bullish trend line is forming with support near $100 on the 4-hour chart of the LTC/USD pair, and immediate resistance is near the $103 zone, with the next major resistance near the $105 level. If there is a clear break above the $105 resistance, the price could continue higher toward the $112 and $115 levels. However, if LTC fails to clear the $105 resistance level, there could be a downside correction, with initial support on the downside near the $100 level and the trend line. The next major support is forming near the $98 level or the 76.4% Fib retracement level, below which there is a risk of a move toward the $95 support. Technical indicators show bullish momentum gaining pace in the MACD and the RSI above the 50 level. (newsbtc)
Biggest Movers: SOL 15% Higher, as LTC Hits 5-Week High
Solana was up by as much as 15% on Tuesday, as momentum in cryptocurrency markets shifted higher. The global crypto market cap is up by 4.42% at the time of writing. Litecoin was another notable mover, as the token rose to a five-week high.
Biggest Movers: DOGE Extends Declines on Thursday, Falling by Nearly 9%
Dogecoin was one of Thursday’s biggest movers, as the meme coin fell by as much as 9%. The decline comes as market sentiment begins to shift, following huge gains to start the week. Litecoin was also in the red today, with prices hovering near the $90.00 level.
Bitcoin Reclaims $28K After Enhanced Volatility, Litecoin Up 15% Weekly
Bitcoin’s price went on a rollercoaster in the past few days following the Fed’s latest interest rate hike but has calmed around $28,000 as of now.
Assessing Litecoin’s Bounce, Social Supremacy, and Everything In Between
Litecoin [LTC] separated itself from the broader market fall after the Fed decision ended in an interest rate increase. The decision may have negatively affected Bitcoin [BTC], and several others, but LTC was able to pick out a 13.78% uptick as its own repercussion.
DOGE Rebounds, LTC Climbs 13% Higher
Litecoin was one of Thursday’s biggest gainers, as prices rose by as much as 13% in today’s session. This came despite the global crypto market cap shifting lower, down 1.65% as of writing. Dogecoin was also higher, as the meme coin rebounded from Wednesday’s losses.
Critical Bug Impacting Litecoin, ZCash, Dogecoin and Other Networks Identified
Blockchain security firm, Halborn has detected several critical and exploitable vulnerabilities impacting more than 280 networks, including Litecoin (LTC) and Zcash (ZEC). Code-named “Rab13s,” this vulnerability has put over $25 billion of digital assets at risk.
Biggest Movers: DOGE Down 10%, Falling to Lowest Point Since October
Dogecoin fell to its lowest level since October, as cryptocurrency prices plunged during Friday’s session. Overall, the global crypto market cap dropped by nearly 9% today, which seems to have been triggered by yesterday’s liquidation of Silvergate bank. Litecoin has been another notable mover, falling by over 17%.
Next Litecoin Halving Happens in 150 Days
According to a tweet posted on Sunday, March 5, Litecoin’s highly-anticipated halving event is set to take place in the next 150 days. This means that the latest and third halving of Litecoin cryptocurrency will happen on August 4, 2023.
ETC Remains Near 2-Month Low, LTC Down by 4% on Monday
Ethereum classic remained near a two-month low on March 6, as a cloud of uncertainty continued to hover over markets. The global crypto market cap remained bearish to start the week, and is down 0.55% at the time of writing. Litecoin also moved lower on Monday.
Litecoin Maintains Its Lead Over Ethereum As Bitcoin Hits 1.1 Billion Total Addresses
Back In January, CryptoSlate reported that Litecoin total addresses surpassed Ethereum.
Crypto Community Gives Its Litecoin ($LTC) Price Prediction for March
The cryptocurrency community is expecting to see the price of Litecoin ($LTC), a cryptocurrency often referred to as the silver to Bitcoin’s gold, moving down slightly over the course of March, to trade at $82.9 by the end of the month.
Litecoin [LTC] Miners Turn Profits, but Is There Trouble Brewing?
Litecoin [LTC] has been among the top-performing cryptos in 2023, jumping by as much as 33% since the start of the year, data from CoinMarketCap revealed.
Litecoin Network Adopts Ordinal Inscriptions, Following Bitcoin's Lead
Following a growing trend of Ordinal inscriptions on the Bitcoin blockchain, the technology has been ported to the Litecoin network, and the number of onchain Litecoin inscriptions has surpassed 13,000. Software developer Anthony Guerrera made Ordinal inscriptions on the Litecoin network possible by receiving 22 Litecoin to port the technology to the proof-of-work (PoW) blockchain.
