- \n
- LTC registers promising gains as the date of halving approaches.\u00a0<\/span><\/em><\/li>\n
- Market indicators revealed that the bulls were leading.\u00a0<\/span><\/em><\/li>\n<\/ul>\n
David Burkett, MWEB developer, posted new updates related to the<\/span> Litecoin [LTC]<\/span><\/a> network. Burkett mentioned that he continued working on PSBT, and quickly discovered some limitations in the initial design. <\/span><\/p>\n
He was able to add signing logic for inputs and outputs. Write the transaction finalization logic. Moreover, Burkett also added that he will be taking some time off, so there will not be any January updates.\u00a0<\/span><\/p>\n
\n
The latest update from #MWEB<\/a> developer @DavidBurkett38<\/a> is now available: Continuing the working on PSBT format for hardware wallets including:
✔Add signing logic for inputs and outputs
✔Write the transaction finalization logic
✔Implement component \u201cmerging\u201d#Litecoin<\/a>⚡ https:\/\/t.co\/GkO4Qbushv<\/a><\/p>\n\u2014 Litecoin (@litecoin) January 15, 2023<\/a><\/p>\n<\/blockquote>\n
\nRead<\/span> Litecoin\u2019s [LTC] Price Prediction<\/span><\/a> 2023-24<\/span><\/p>\n
\nA month full of greens<\/h3>\n
Thanks to the bullish market,<\/span> LTC<\/span><\/a> investors had a great time last month as LTC\u2019s price surged. CoinMarketCap\u2019s data revealed that LTC registered over 6% weekly gains, and at the time of writing, it was<\/span> trading<\/span><\/a> at $87.96 with a market capitalization of more than $6.33 billion. <\/span><\/p>\n
As the day of LTC\u2019s halving is approaching, this new year might have even better days in store for Litecoin.\u00a0<\/span><\/p>\n
\n
The Litecoin Halving Countdown.. Only 200 days!!<\/p>\n
⚡84,000,000 Max Supply
⚡2.5-minute block intervals
⚡Halving event every 4 years
⚡Become scarcer over time<\/p>\nLearn more: https:\/\/t.co\/u1l4qESPGS<\/a> #LitecoinFACT<\/a> #Litecoin<\/a> $LTC<\/a> #POW<\/a> #Halving<\/a> pic.twitter.com\/LOdb53FZ70<\/a><\/p>\n
\u2014 Litecoin Foundation ⚡️ (@LTCFoundation) January 14, 2023<\/a><\/p>\n<\/blockquote>\n
The token also remained pretty active on its metrics front, which might have played a key role in its price pump over the last few weeks. <\/span><\/p>\n
LTC\u2019s MVRV Ratio increased steadily, which was bullish. Litecoin\u2019s volume followed a similar route and went up. The social volume also spiked quite a few times, reflecting<\/span> LTC<\/span><\/a>\u2019s popularity. <\/span><\/p>\n
Moreover, the daily active addresses on the LTC network remained consistent, which indicated a stable number of users on the network. The concerning factor was the network growth, which went sharply down. <\/span><\/p>\n
![\"\"](\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/01\/Litecoin-LTC-11.32.18-16-Jan-2023.png\")
<\/a><\/p>\nSource: Santiment<\/p>\n<\/div>\n
\nRealistic or not, here\u2019s <\/span>LTCs market cap in BTC\u2019s<\/span><\/a> terms<\/span><\/p>\n
\nThe bulls are hard to beat<\/h3>\n
- Market indicators revealed that the bulls were leading.\u00a0<\/span><\/em><\/li>\n<\/ul>\n
![\"\"](\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/01\/LTCUSDT_2023-01-16_11-39-09.png\")