Litecoin partners with Coinut to launch Wrapped Litecoin (WLTC) on Ethereum

Litecoin (LTC) has teamed up with Coinut, a crypto exchange based in Singapore, to introduce Wrapped Litecoin (WLTC) on the Ethereum blockchain. This exciting development allows Litecoin holders to tap into Ethereum’s diverse features, such as staking, lending, and decentralized applications (dApps), enhancing the overall utility and liquidity for Litecoin users. The WLTC will maintain…

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What On-Chain Data Says About LTC’s Path Ahead

Litecoin’s position near key support levels could lead to a short-term rally if maintained, but a drop could trigger further declines. Mixed on-chain indicators reflect a balanced yet cautious market outlook, with traders awaiting clearer signals from LTC’s price movement. After Litecoin gained traction as a long-term value preservation asset, as recently covered by CNF,…

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Litecoin Breaks Above $72, LTC Shows Increased Volatility

Litecoin price breaks above $72, showing increased volatility. Trading volume surged 150% in 24 hours, now stabilizing. Potential targets: $76.5 resistance zone, with possibility of reaching 3-digit figure by year-end. Litecoin (LTC) has emerged as a standout performer in the cryptocurrency market, defying the initial ‘Uptober’ disappointment and rekindling hopes for a bullish close to…

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Litecoin Network Secures 1.23 PH/s Hashrate and 75M Supply Milestone

Litecoin’s hashrate has increased by 2.88% over the past 24 hours, ensuring strong network stability. Litecoin’s circulating supply has surpassed 75 million, with only 9 million coins left to be mined. With Litecoin’s hashrate approaching 1.23 PH/s in October 2024, network strength and steady mining activity are clearly reflected. According to an official Litecoin tweet,…

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PayPal Expands Crypto Services for U.S. Merchants, Including Litecoin

PayPal has expanded its crypto services for U.S. merchants, allowing transactions directly from business accounts. Litecoin’s adoption grows with companies like MoneyGram and AMC integrating cryptocurrency payment options. Recently, Litecoin tweeted that PayPal has expanded its crypto services for US business accounts, enabling merchants to purchase, retain, sell, and trade Bitcoin, Ethereum, Litecoin, and their…

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Is a Return to $76.78 on the Horizon for Litecoin?

Litecoin’s recent positive price action has had investors increasingly optimistic about LTC’s ability to reclaim its $76.78 price level. Despite short-term volatility and the risk of liquidation, Litecoin’s long-term prospects remain optimistic. Litecoin has captured the attention of the crypto community with its impressive price record. Litecoin’s LTC has recorded modest gains in the past…

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Only 9 Million Coins Left to Mine

Litecoin’s circulating supply reaches 75 million, with only 9 million coins left to be mined. Whale activity and on-chain transactions for Litecoin show significant growth, reflecting increasing market interest. Litecoin’s circulation supply recently crossed a key milestone, reaching 75 million coins, leaving only about 9 million coins to mine before reaching its maximum supply cap…

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Litecoin Shows V-Shape Recovery: A Closer Look

Litecoin’s V-shape recovery highlights its growing utility in payments and potential expansion into banking services. Litecoin’s low transaction fees and increased network activity are driving its popularity for everyday payments. In a tweet, prominent trader Daan Crypto noted an unusual event in the cryptocurrency market, with a focus on Litecoin (LTC). He noted that Litecoin…

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Canada Approves Unlimited Litecoin Trading, LTC Price Targets $140

The Canadian government has approved unlimited trading of Litecoin (LTC) and three other cryptocurrencies. In addition, a crypto analyst has predicted that the price of LTC could reach $140. In a major breakthrough for the Canadian cryptocurrency market, the government has given the green light for unrestricted trading of Litecoin (LTC) and three other cryptocurrencies…

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LTC Halving Approaches Final Countdown, Anticipating Bullish Rally?

Litecoin’s recent achievement of reaching an all-time high of $110 underscores its increasing significance in the market. With the third halving just around the corner, scheduled within four weeks, anticipation and market sentiment are being fueled further. Litecoin, the original altcoin, celebrates a week of remarkable accomplishments. It recently achieved an all-time high of $110,…

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