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 Litecoin halving completes as LTC sees increased payments adoption

Litecoin halving completes as LTC sees increased payments adoption


Published: 2023-08-02


1. Litecoin Halving: The article discusses the recent completion of the Litecoin halving event,which occurred on August 5,2019. The halving is a significant event in the cryptocurrency space as it reduces the block reward miners receive for validating transactions on the Litecoin network. This reduction in block rewards is expected to have an impact on the supply and demand dynamics of Litecoin,potentially leading to an increase in its value.

2. Increased Payments Adoption: The article highlights the growing adoption of Litecoin for everyday transactions. It mentions that Litecoin has seen an increase in payments adoption,with businesses and merchants accepting LTC as a form of payment. The halving event could further drive this adoption,as the reduced supply of new Litecoins may lead to increased demand for the existing coins in circulation. This increased adoption of Litecoin for payments reflects the growing recognition of cryptocurrencies as a viable alternative to traditional fiat currencies.

3. Implications for Litecoin's Future: The article speculates on the potential implications of the halving event for Litecoin's future. It suggests that the reduced block rewards could incentivize miners to hold onto their Litecoin instead of selling them immediately,potentially causing a supply shortage. This scarcity could drive up the price of Litecoin if demand remains strong. Additionally,the halving event could attract more attention to Litecoin and,consequently,lead to increased investment and market interest. Overall,the article indicates that the halving event marks an important milestone in Litecoin's history and could have a significant impact on its value and adoption.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,073.50 1,867,357,919.50
2 BTC title=BTC 64,486.00 1,861,183,708.88
3 ETH title=ETH 3,236.14 1,360,364,985.78
4 SOL title=SOL 139.08 586,411,967.89
5 PEPE title=PEPE <0.01 297,920,748.08
6 ENA title=ENA 0.93 212,056,175.50
7 ETHFI title=ETHFI 4.51 211,997,483.37
8 DOGE title=DOGE 0.15 178,390,718.32
9 XRP title=XRP 0.52 177,373,826.39
10 WIF title=WIF 2.78 136,855,294.64
11 BONK title=BONK <0.01 93,703,222.58
12 NEAR title=NEAR 6.89 82,244,071.05
13 AVAX title=AVAX 35.57 81,316,032.92
14 OP title=OP 2.54 67,636,059.20
15 PENDLE title=PENDLE 4.94 66,695,522.80
16 BOME title=BOME <0.01 66,566,758.19
17 WAVES title=WAVES 2.57 65,054,124.07
18 RUNE title=RUNE 5.18 63,221,027.67
19 SEI title=SEI 0.63 62,596,971.22
20 MATIC title=MATIC 0.71 48,869,337.37
21 WLD title=WLD 4.80 47,924,609.55
22 TRX title=TRX 0.12 45,831,682.27
23 FLOKI title=FLOKI <0.01 43,909,786.55
24 LTC title=LTC 84.32 43,660,708.18
25 FTM title=FTM 0.72 43,374,131.11
26 GLM title=GLM 0.53 42,633,992.97

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Amp title=AMP <0.01 +13.21
2 Ethena title=ENA 0.93 +10.69
3 W 0.68 +9.16
4 Waves title=WAVES 2.57 +7.91
5 BinaryX [OLD] title=BNX 1.05 +7.23
6 Acala title=ACA 0.12 +6.75
7 BasedSwap title=BSW 0.08 +6.41
8 NEO title=NEO 19.31 +5.58
9 Wing Finance title=WING 6.30 +4.83
10 Cortex title=CTXC 0.33 +4.78
11 Sei title=SEI 0.63 +4.61
12 Alpaca Finance title=ALPACA 0.18 +4.24
13 Avalanche title=AVAX 35.57 +4.16
14 Mobox title=MBOX 0.37 +4.02
15 dogwifhat title=WIF 2.78 +4.00
16 Pepe title=PEPE <0.01 +3.73
17 aelf title=ELF 0.64 +3.64
18 Atletico Madrid Fan Token title=ATM 3.18 +3.58
19 Mandala Exchange title=MDX 0.06 +3.25
20 Bonk title=BONK <0.01 +3.18
21 Santos FC Fan Token title=SANTOS 6.52 +3.08
22 SafePal title=SFP 0.80 +2.95
23 Decred title=DCR 21.06 +2.93
24 FC Porto title=PORTO 2.60 +2.81
25 Steem title=STEEM 0.28 +2.78
26 Civic title=CVC 0.17 +2.75
27 EOS title=EOS 0.81 +2.59
28 Polkastarter title=POLS 0.77 +2.51
29 Worldcoin title=WLD 4.80 +2.50
30 Orion title=ORN 1.71 +2.45

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 SSV Network title=SSV 46.26 -13.21
2 Pendle title=PENDLE 4.94 -10.87
3 Cats Of Sol title=COS 0.01 -9.43
4 Maker title=MKR 2,838.00 -8.54
5 High title=HIGH 3.62 -8.22
6 LeverFi title=LEVER <0.01 -7.86
7 Loom Network (NEW) title=LOOM 0.09 -7.71
8 OAX title=OAX 0.22 -7.07
9 Balancer title=BAL 3.71 -6.31
10 MANTRA title=OM 0.74 -5.68
11 Bittensor title=TAO 403.00 -5.22
12 Galxe title=GAL 3.53 -5.00
13 Optimism title=OP 2.54 -4.73
14 Polymesh title=POLYX 0.38 -4.39
15 Numeraire title=NMR 24.02 -4.30
16 FarmBot title=FARM 79.76 -4.20
17 Mines of Dalarnia title=DAR 0.15 -4.19
18 Atlas Aggregator title=ATA 0.23 -3.98
19 Cartesi title=CTSI 0.20 -3.62
20 Akropolis title=AKRO <0.01 -3.61
21 Biconomy title=BICO 0.47 -3.54
22 Magic title=MAGIC 0.77 -3.49
23 Voxies title=VOXEL 0.26 -3.46
24 Starknet title=STRK 1.24 -3.44
25 Dymension title=DYM 3.49 -3.43
26 IRISnet title=IRIS 0.03 -3.39
27 Osmosis title=OSMO 0.89 -3.34
28 Powerledger title=POWR 0.31 -3.20
29 Theta Network title=THETA 2.20 -3.12
30 Conflux title=CFX 0.23 -3.10

Bitcoin's Greed and Fear Index.

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