Month: May 2023

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19. May 2023

7,159 to more than $39,600. This suggests that the coin has good potential for a bullish trend, although any major crash cannot be ruled out.

Litecoin Halving Event

Litecoin (LTC) is also gaining attention as its halving event approaches in about 76 days. The halving process is when the block reward for mining a block of transactions is reduced by half. This event typically increases the price of the coin significantly, as it reduces the supply of new coins entering the market.

• Bitcoin (BTC) is flashing a bullish signal that has previously triggered a 46% gain. But, there's also a warning that the same signal has preceded 3 50% crashes in…

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