Litecoin (LTC) ends eventful quarter with half million daily transaction record $LTC LTC
EDX Markets, a new crypto exchange that launched last week and is backed by big Wall Street heavyweights Charles Schwab, Citadel Securities and Fidelity Digital Assets, has opted to allow its traders - institutional investors only - to start trading with Bitcoin, Ethereum, Litecoin and Bitcoin Cash.In a tweet on June 27, the Litecoin Foundation announced that the blockchain's hashrate had reached an all-time high of 957.22 TH/s.
Another positive development for the Litecoin blockchain is the upcoming halving. The third Litecoin halving event is anticipated to take place on or around Aug. 2, 2023. The current Litecoin block reward of 12.5 LTC will be decreased to 6.25 LTC. Litecoin saw its first halving event on Aug. 25, 2015, at a block height of 840,000, while the second halving event occurred at a block height of 1,680,000 on Aug. 5, 2019. At a block height of 1,680,000 on Aug. 5, 2019, the second halving event took place. Now, the crypto market waits expectantly for Litecoin's approaching halving event.On June 30, Litecoin had a big rise, as demonstrated by a massive green candlestick.
LTC was up 14.16% in the last 24 hours to $97.53 at the time of writing, following an impressive price surge. With a market capitalization of $7.1 billion, Litecoin has entered the top 10 cryptocurrencies.
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