ltcusdt - long before halving (smart idea)- aria bayer
- 2 August halving
- buy now and sell on August 2nd.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
Ltchalvening
Get Ready for 2023 LTC Halving Event NowNow is the time to get ready for the 2023 LTC halvening. You want to be way ahead of the herd, as this should be the big headlining event in the crypto space next year. Top to bottom last halving event was December to December. The crypto market is currently capitulating per my previous idea. Buy Zone is indicated in purple.
Date ranges and price drop percentages look to be pretty identical. Hold this bad boy for a year or so. Putting this one down for my own future reference.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
LTCUSD - Situation before and after halving 2019After the previous halving of Litecoin’s block reward in 2015, its price increased by 400%. Should we expect a similar effect now?
On August 5, a block reward halving occurred in the Litecoin network on block 1680000, as a result of which the miners' remuneration halved. Instead of 25 LTC, miners will receive 12.5 LTC for each new block.
Litecoin is one of the earliest forks of Bitcoin, which has undergone through its second halving process, wherein at the block height of 1,680,001 broadcasted by the Antpool, the block mining rewards have been effectively reduced from 25 LTC to 12.5 LTC. Putting other things constant, the miners with older models like f2pool are about to face losses. The Litecoin price increased by around 13% in the last 24 hours before halving.
In order to understand a particular set of things that dictate how much of Litecoin would be released, and how and when the supply is reduced over time, leading to a phase where no new Litecoins will be released. Some experts believe that the reduction in the miners' remuneration, as during the previous halving, will force the price of the fourth cryptocurrency capitalization to rise upwards to new heights.
LTCBTC BEARISH SETUP
LTCBTC now is situated into an ascending channel where just hit the resistance 0.0185 and now we need to cool off a little.
Stochastic maded a bearcross which means we will going down
RSI is at overbought because is more then 70
I will sell here,and i will re-enter at 0.0148-0.0151 for halvening!. Good luck,i will don t play it on bitmex. At the moment we have a bearish setup
Litecoin Launching Debit Card to Spend LTC Like Regular CashThe Litecoin Foundation has announced a new debit card. The soon-to-be-released, special edition card will enable users to spend their cryptocurrency either online or in physical store locations, anywhere in the world where major credit cards are accepted. The card will support Litecoin (LTC), Bibox Token (BIX) and Ternio (TERN).
The special edition Litecoin BlockCard is a collaborative effort by three crypto companies: Litecoin, Bibox Exchange and Ternio. It’s developed for everyday shoppers and spenders who want to use crypto like cash.
According to the announcement, US-based users will be the first customers and Bibox Exchange will act as the custodian of users’ funds, leveraging its $200+ million worth of crypto trading volume to help route the deposits and spending for users.
“The special edition debit card will first be released to United States residences and soon after for non-US customers. Bibox Exchange and the Litecoin Foundation will integrate the debit card directly into the Bibox Exchange and LoafWallet – the official Litecoin wallet. Users will be able to access their cards directly within these ecosystems, giving them instant access to spend.”
Litecoin creator Charlie Lee says the new card will help propel LTC as a mainstream currency for travel, hotels, retail, services, entertainment and shopping.
“Leveraging Ternio’s BlockCard platform with Bibox’s exchange engine gives Litecoin holders unparalleled access to use their LTC at merchants around the world.”
Litecoin says it will contact US-based customers in the coming weeks for instructions on how to register for access to the card.