Coinbry

  • Market Cap: $2,076,750,481,941.13
  • 24h Vol: $100,872,550,937.86
  • BTC Dominance: 49.00%
Increased payments adoption observed as Litecoin halving concludes

Increased payments adoption observed as Litecoin halving concludes

– The Litecoin block rewards have been halved to 6.25 LTC after the halving event at block 2,520,000.

– The halving clock has been reset for another four years.

– Litecoin founder Charlie Lee commented on the discrepancies between different halving countdown timers, suggesting that the NiceHash one was the most accurate.

– LTC prices have been trending downwards since early July, currently hovering around $92.

– BitPay CEO Stephen Pair mentioned that Litecoin and Bitcoin Lightning payments had their best months in recent history on the global payments platform.

– LTC surpassed BTC as the preferred cryptocurrency for payments on BitPay, accounting for 35% of transactions.

– BitPay has seen notable growth in African-based users and expects increased activity in Latin America.

– Litecoin is the 12th largest cryptocurrency by market capitalization, with $6.8 billion and a daily trading volume of $1.14 billion.

– There are currently 73.5 million LTC in circulation out of a maximum supply of 84 million.

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