Litecoin Breaks Another Record: HODLers On Network Now Exceed 5 Million
On-chain data shows Litecoin has reached another milestone as the total number of HODLers on the network now exceeds five million. Litecoin Long-Term Holders Have Continued To Rise In Number Recently According to data from the market intelligence platform IntoTheBlock, LTC has seen its long-term holder count hit a new record this week. The firm defines “long-term holders” (LTHs) or HODLers as investors holding onto their coins since at least one year ago. Note that this cutoff for the LTHs differs from what some other analytics platforms use, usually around five to six months.....
Related News
Litecoin Breaks Out Leaving Gap. Litecoin has been trending up gradually versus Bitcoin, but finally, it has broken out leaving a gap in a rapid price advance. The Gap occurred on the Bitcoin Wisdom 15 minute chart of the BTC-e exchange. Often gaps are filled so use caution. The reason for the advance most likely has to do with Chinese exchange trading. On Reddit it was mentioned that BTCChina has just announced that Litecoin can be traded versus Bitcoin and that they would soon remove trading commission fees. The Huboi Exchange is to begin Litecoin trading on the 19th of March. They have....
Steakhouse, a decentralized autonomous organization (DAO)-focused financial advisory firm, in collaboration with Phoenix Labs, a research and development company, has put forth a proposal urging the MakerDAO community to consider allocating up to $100 million from its reserves for investment in tokenized US Treasury Bill (T-Bill) products. The proposal, currently in the discussion phase, aims to explore new avenues for financial innovation within the decentralized finance (DeFi) ecosystem. Unlocking Liquidity Efficiency for MakerDAO? MakerDAO, renowned as the issuer of the DAI....
Liquid staking protocol pSTAKE just broke a record and everyone in the DeFi sector of crypto should be talking about it. Not only did the project raise $10 million on CoinList, it broke a record for the fundraising platform. More than 949,000 people registered for the token sale, easily the most ever in comparison to […]
If you're new to the cryptocurrency world, you'd be forgiven for not having heard of litecoin. The currency, which was created by Charles Lee in 2011, is the second largest digital currency next to bitcoin. Here is our guide to what you need to know. Knowing your litecoin from your bitcoin. If you are used to using bitcoin, litecoin holds few surprises - if you're not yet initiated, read our guides on What is bitcoin and Why use bitcoin. The ideas in those guides also apply to litecoin. The primary desktop application is a modification of Bitcoin-QT client, and can be downloaded from....
For those unaware, Litecoin is an alternative cryptocurrency based off of the Bitcoin protocol. The differences; however, are vast. For instance, Litecoin operates off of the scrypt protocol in its proof-of-work algorithm. The Litecoin network will also produce 84 million Litecoins, which will be four times as many Bitcoins. Litecoin is much faster as well; it processes a block every 2.5 minutes while Bitcoin takes 10 minutes. So why isn't it feeling the success of Bitcoin right now? CCN. Litecoin is, arguably, the second-most popular cryptocurrency in the world. With Bitcoin being the....