Litecoin Whales' Buying Spree: Will It Impact LTC's Future?
Litecoin whales have amassed $230 million worth of LTC in a buying frenzy, signaling confidence and potentially a bullish trend for the cryptocurrency.
![image Xu Lin](https://image.coinlive.com/24x24/cryptotwits-static/2c1d66efc5e3aabc423bd058f2ae985d.png)
Litecoin whales have amassed $230 million worth of LTC in a buying frenzy, signaling confidence and potentially a bullish trend for the cryptocurrency.
Litecoin (LTC) reaches 5 million long-term holders, signifying widespread adoption. Recent growth, profitability insights, and origins highlight its appeal. Despite challenges, LTC's milestone underscores enduring community acceptance.
Introducing Koala Coin (KLC): blending fun and finance in a community-driven project. Priced at $0.014 in first presale stage, it offers a unique journey of belonging and rewards. Appeal to Litecoin (LTC) and Chainlink (LINK) enthusiasts seeking diversification and growth potential. Join the Koala Coin (KLC) journey now for a future filled with laughter and opportunity.
LTC faces bearish signals with declining active addresses and transactions, possibly leading to price adjustments. Death cross signals potential corrections, with support at $83 and further downside towards $72. However, if LTC reverses the trend, it could aim for $95 resistance.
LTC climbs to $96.44, up 21% in a week. Potential correction signals, but $1.8B volume indicates sustained interest. LTC aims for $150. SMOG, with 100,000 holders, surges 13,000% since Feb. Investors consider LTC stability vs. SMOG's high-growth potential.
Litecoin emerges as top performer in cryptocurrency payments, surpassing Bitcoin, Ethereum, and Dogecoin according to Bitpay. With 41.76% transaction count dominance, Litecoin sees ATH. This milestone could reignite interest and boost its growth despite modest price gains.
Ahead of Bitcoin's upcoming halving, Litecoin's trading volume decreases, raising concerns among investors about its future performance amidst uncertainties. Meanwhile, KangaMoon disrupts the meme coin space with its innovative play-to-earn model, bridging gaming and social-fi elements, presenting a lucrative investment opportunity with its Stage 1 presale price and promising growth potential upon exchange listing in Q2 2024.
This confirmation came after reports emerged on November 1st that BCH had disappeared from the trading support list on the EDXM website.
CoinEx is poised to reinstate deposit and withdrawal services to its user base after it grappled with the aftermath of a $70M hack, attributed to compromised hot wallet private keys.
Litecoin has showcased resilience in various aspects but faces challenges in mining profitability and trading velocity. While it hasn't seen the same explosive growth as Bitcoin and Ethereum, Litecoin has persisted and witnessed growth in 2023.
Easy To Use Swapping Protocols See An Uptick In Demand In a world where DEXs and hot wallets are the ...
With the bear market coming into full bloom, Ethereum whales are stacking up their holdings. However, there has been some ...
The world's biggest crypto exchange by volume, Binance, published blog post this morning saying they are not going to support ...
Litecoin’s MWEB upgrade that makes transactions confidential comes at a time when the majority of the crypto exchanges are implementing strict KYC and AML guidelines.
Litecoin may have recently activated its long-awaited privacy-based upgrade, but not without creating some regulatory compliance issues.
Non-fungible tokens (NFTs) are digital assets built on cryptocurrency platforms or blockchains having unique codes that distinguish them from other ...
The two exchanges cited Korea's Act on the Reporting and Use of Specific Financial Transaction Information, a law that requires crypto exchanges to put in place KYC and AML systems.
Large spikes in whale transactions typically precede a period of declines in the Litecoin market.