So u r going to ruin your 30 days profit. Go for short and t | kingson-454 on Binance Square

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So u r going to ruin your 30 days profit.Go for short and take some profit except of nothing

Harry Trading

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Bullish

$ME This is not financial advice; I am just sharing my analysis. This is a buying area and can potentially reverse back to 5 to 7.

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$LTC Litecoin (LTC) and Its Impact on Mining in 2025 As Litecoin (LTC) continues to gain traction in the crypto market, its impact on mining is becoming increasingly significant. The recent bullish trend, driven by the potential approval of a spot Litecoin ETF and increased institutional interest, has sparked renewed enthusiasm among miners. Mining Profitability and Hashrate Surge With Litecoin’s price rising, mining profitability has also improved. A higher LTC value means that mining rewards, even after considering electricity and hardware costs, are more attractive. As a result, Litecoin’s network hashrate has seen a surge, with more miners joining the network to capitalize on higher returns. Difficulty Adjustment and Network Security The increased number of miners has led to an automatic difficulty adjustment in Litecoin’s network. While this ensures blocks are mined at a consistent rate of 2.5 minutes, it also means that individual miners need more computational power to remain competitive. However, a higher difficulty level strengthens network security by making it harder for malicious actors to manipulate transactions. Impact of Halving on Mining Litecoin underwent its most recent halving event in August 2023, reducing block rewards from 12.5 LTC to 6.25 LTC. Although halvings typically lead to short-term mining profitability declines, the price appreciation of LTC has helped offset the reduced rewards. Overall, the growing institutional adoption and price appreciation of Litecoin are making mining more attractive, despite increasing difficulty. Miners who invest in efficient hardware and access low-cost electricity will likely benefit the most in this evolving landscape. #LTC📈

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#LitecoinETF As of February 21, 2025, Litecoin (LTC) is experiencing notable market activity, trading at $135.15 USD, reflecting a 3.91% increase from the previous close. A significant development contributing to this momentum is Canary Capital’s spot Litecoin ETF appearing on the Depository Trust and Clearing Corporation (DTCC) system under the ticker LTCC. While this listing doesn’t equate to immediate approval from the U.S. Securities and Exchange Commission (SEC), it signifies a preparatory step for potential trading upon regulatory clearance. The anticipation surrounding this ETF has led to a surge in Litecoin’s network activity. On-chain analytics platform Santiment reports that daily transaction volumes have reached $9.6 billion, marking a 46% increase in market capitalization between February 2 and February 19. Additionally, technical indicators point towards a bullish trend. A ‘golden cross’ pattern, which historically preceded a 200% price increase in 2020, has re-emerged, suggesting potential for further upward movement. In the broader financial landscape, institutions are increasingly embracing cryptocurrencies. Frankenmuth Credit Union, for instance, has expanded its crypto offerings to include Litecoin, among others, reflecting growing mainstream acceptance. These developments collectively underscore a positive outlook for Litecoin, driven by both market dynamics and institutional adoption. $LTC

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#LitecoinETF #canary $LTC As of February 21, 2025, Litecoin (LTC) is experiencing notable market activity, trading at $135.15 USD, reflecting a 3.91% increase from the previous close. A significant development contributing to this momentum is Canary Capital’s spot Litecoin ETF appearing on the Depository Trust and Clearing Corporation (DTCC) system under the ticker LTCC. While this listing doesn’t equate to immediate approval from the U.S. Securities and Exchange Commission (SEC), it signifies a preparatory step for potential trading upon regulatory clearance. The anticipation surrounding this ETF has led to a surge in Litecoin’s network activity. On-chain analytics platform Santiment reports that daily transaction volumes have reached $9.6 billion, marking a 46% increase in market capitalization between February 2 and February 19. Additionally, technical indicators point towards a bullish trend. A ‘golden cross’ pattern, which historically preceded a 200% price increase in 2020, has re-emerged, suggesting potential for further upward movement. In the broader financial landscape, institutions are increasingly embracing cryptocurrencies. Frankenmuth Credit Union, for instance, has expanded its crypto offerings to include Litecoin, among others, reflecting growing mainstream acceptance. These developments collectively underscore a positive outlook for Litecoin, driven by both market dynamics and institutional adoption. #LitecoinETF #LTC📈

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Hold eth and close trump, its not going to make 37 soon. Try new strategies

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