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Litecoin
Litecoin Undergoes Third 'Halving'; Race for Ether Futures ETFs Kicks Off
"CoinDesk Daily" takes a look at the crypto news making headlines as Litecoin (LTC) undergoes it's third "halving." Six firms file applications for ether (ETH) futures-based exchange-traded funds (ETFs). Lawyers for Sam Bankman-Fried say prosecutors moving to revoke his bond release relied on an "extremely thin" factual basis. Plus, Abracadabra is proposing measures to protect from a bad debt situation stemming from an $18 million loan to Curve Finance's founder.
Litecoin ‘Halving,’ Set for Wednesday, Should Harden Supply of ‘Digital Silver’
The quadrennial "halving" on the Litecoin blockchain, set for Wednesday, means that the pace of new issuance of units of the LTC cryptocurrency will be cut in half. The dynamic is similar to the "hard money" mechanics that crypto analysts say helps to boost bitcoin's price.
First Mover Asia: BTC, ETH Stable While COMP and AAVE in the Red
Curve Founder Michael Egorov's $168M in holdings is under stress, imperiling DeFi as a whole. PLUS: The Litecoin Foundation and crypto cold-storage card manufacturer Ballet HAVE teased a sale of 500 collectable cards – fashioned from 50 grams of fine silver.
Crypto Exchange EDX Markets Sets Up Shop With Bitcoin and Ether Offerings
EDX Markets, which has funding from financial heavyweights including Charles Schwab (SCHW), Citadel Securities and Fidelity Digital Assets, announced it launched its digital asset market on Tuesday. Products traded on EDX will include bitcoin, ether, litecoin, and bitcoin cash.
Litecoin Foundation Managing Director on Network Activity Amid Ordinals Frenzy
Litecoin, the 12th largest cryptocurrency by market capitalization, saw some big gains last week, and it could be because people are using Litecoin for Ordinals. Litecoin Foundation Managing Director Alan Austin joins "First Mover" to discuss. Plus, what to expect from Litecoin's scheduled halving event expected in August.
Onchain Metric Suggests Litecoin Is Undervalued: Glassnode
An onchain metric suggests that litecoin (LTC), the 12th largest cryptocurrency by market value, is trading at discounted prices. CoinDesk's Jenn Sanasie presents "The Chart of the Day."
Litecoin Is Undervalued, Onchain Indicator Suggests
Litecoin has rallied nearly 31% so far this year, but is still trading at discounted prices, according to an onchain metric called the MVRV Z-score.
Litecoin Leaves Bitcoin and Ether Behind With Rally to One-Month High
Occasionally referred to as "silver to bitcoin's gold," Litecoin has chalked out a double-digit price rally over the past week.
Litecoin Continues Its Bullish Run; Bored Ape NFT Outlook
Litecoin continues to rally ahead of its halving event in early August. Separately, BAYC #4980 sold for 530 ETH, which translate to nearly $1 million. Those stories and other news shaping the cryptocurrency world are in this episode of "The Daily Forkast."
Litecoin Foundation Partners With Digital Asset Manager Metalpha to Develop Hedging Products for LTC Miners
The partnership will jointly develop the Litecoin ecosystem to hedge risk and lower carbon emissions.