NFT News by Thebittimes.Com

Litecoin ( LTC ) has witnessed significant growth in the last 30 days. The project, although trending down at the moment, is up by nearly 20% in the monthly charts. The asset has a strong correlation with Bitcoin (BTC), which explains its recent growth. Nonetheless, Litecoin ( LTC ) has a few upgrades heading for the network very soon. As per an official post, LTC ’s upgrades will include Partially Signed Bitcoin Transactions (PSBTs), P2P support for Light Clients, Viewing Keys, Payment Proofs, and Descriptor Wallets. A new major release to Litecoin Core is in the works! PSBTs P2P Support for Light Clients View Keys Payment Proofs Descriptor wallets Read more in the latest update from @DavidBurkett38 https://t.co/BgPe7Mrktu — Litecoin (@litecoin) April 10, 2023 Although the upcoming upgrades are welcome, the most significant development around LTC is its halving which will take place on Aug 2, 2023. LTC’s halving is a networking event that takes place every four years....

BTC and many altcoins are kicking up dust after the Federal Reserve chairman Jerome Powell discussed the possibility of smaller rate hikes in 2023, but is the momentum sustainable? Bitcoin (BTC) has shrugged off the weakness in the United States equities markets and is attempting to start a recovery on Nov. 30. Buyers are attempting to achieve a monthly close above $17,000. This suggests that the selling that had picked up due to the FTX crisis may be reducing. Usually, smaller investors panic and dump their holdings in a bear market but it has been the opposite with Bitcoin investors. According to Glassnode data released on Nov. 27, investors holding less than one Bitcoin, also called shrimps, bought 96,200 Bitcoin since the FTX crash. Along similar lines, investors holding between 1 to 10 Bitcoin, classified as crabs, bought 191,600 Bitcoin over the past 30 days. This shows investors are continuing to accumulate at lower levels. Daily cryptocurrency market performance. Source: Coin...