Litecoin Surges to 6-Month High Ahead of Mining Reward Halving

CoinDesk published this video item, entitled “Litecoin Surges to 6-Month High Ahead of Mining Reward Halving” – below is their description.

Litecoin (LTC) is surging eight months ahead of its third mining reward halving, which will cut LTC’s pace of supply expansion by 50%. “The Hash” panel discusses what this means for LTC and the wider crypto markets amid the FTX gloom.

CoinDesk YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - CoinDesk

CoinDesk is a news site specializing in bitcoin and digital currencies. The site was founded by Shakil Khan and was subsequently acquired by Digital Currency Group.

Recent from CoinDesk:

How upcoming elections around the world could impact the crypto industry 1

How Upcoming Elections Around the World Could Impact the Crypto Industry

Tornado Cash Developer Roman Storm Will Go to Trial in 2024

What’s Next for Tornado Cash Developer Roman Storm?

In This Story: FTX

FTT is the native cryptocurrency token of the crypto derivatives trading platform FTX that launched on May 8, 2019.

1 Recent Items: FTX

Analyst discusses his bullish case for crypto in 2024 and anticipated spot bitcoin ETF approval

In This Story: Litecoin

Litecoin (LTC) is a cryptocurrency that was designed to provide fast, secure and low-cost payments by leveraging the unique properties of blockchain technology.

The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors. Litecoin has a block time of just 2.5 minutes and extremely low transaction fees, making it suitable for micro-transactions and point-of-sale payments.

2 Recent Items: Litecoin

Hardware Wallet Maker Ledger to Let Users Buy Crypto Through PayPal Account

Litecoin Undergoes Third ‘Halving’; Race for Ether Futures ETFs Kicks Off

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.