#halving event

Bitcoin Price Analysis: Why Experts Predict a Surge to $150K and What This Means for Investors

Pantera Capital, a prominent US hedge fund with a focus on cryptocurrencies, unveiled its new “Blockchain Letter” report.  In it, the crypto asset manager notably reaffirmed its optimistic outlook on Bitcoin’s (BTC) price for 2024 and beyond, while also delving into the anticipated effects of the upcoming Bitcoin halving scheduled for April next year. Considering the impact of previous halving…

Litecoin (LTC) has recently faced a period of bearish pressure that has taken a toll on its market performance. The months of July and August have witnessed a shift in sentiment, as bearish forces began to dominate the crypto market.  As of the latest update, LTC finds itself trading within a critical support zone, prompting discussions among traders and analysts about its potential…

Litecoin (LTC) is facing a critical juncture in its price surge, with its value hovering just above $89.52 on CoinGecko, showcasing a modest 0.3% increase in the last 24 hours. However, LTC has endured a slump of 3.6% over the past seven days.  As the price continues to hover below the crucial resistance level of $95, investors are wondering if the muted performance of Bitcoin (BTC) will hinder…

The Litecoin (LTC) price decrease was a healthy retracement as it pulled back toward the $92 mark. Such retracements are standard after prolonged upward trends and are often seen as an opportunity for the market to find stability before continuing its upward trajectory.  However, in the case of Litecoin, the bears have become increasingly dominant, signaling potential resistance ahead. LTC has…

Litecoin (LTC) has been on a remarkable run in the past three days, emerging as one of the most impressive performers among cryptocurrencies this week. But what’s causing this sudden surge in its price?  The answer lies in the anticipation of a major event that’s just around the corner: the impending halving of Litecoin, set to take place on August 2. Similar to Bitcoin, Litecoin undergoes…

Litecoin (LTC), one of the oldest cryptocurrencies, continues to witness network growth in 2023 ahead of its halving event scheduled for August. Notably, after a volatile run, the number of daily active addresses and new addresses on the Litecoin blockchain has returned to an upward trajectory again, seeing a 7-day increase of 28% and 54.6%, respectively, according to IntoTheBlock data as of June…