Japan's May Seasonally Adjusted Bank Loan Annual Rate

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At 23:00 on the evening of August 2, Litecoin (LTC) completed the third block reward halving at block height 2520000, and now the reward for each block is 6.25 LTC. Usually, the halving event will trigger market attention and discussions, often accompanied by narratives of rising cryptocurrencies. However, the four-year halving narrative of Litecoin, which has always claimed to be "Bit Gold, Lite Silver", has not attracted much attention from users in the encryption market. Litecoin-related discussions are rarely seen in the encryption community, and there are only a few news related to the countdown to the eve of halving. As a representative of POW tokens in ancient times, Litecoin's token price performance after halving will determine the user's attention to it. Before and after the halving, the token LTC also performed mediocre in the secondary market. According to Coingecko, in the past 14 days...

The halving narrative is difficult to save Litecoin, which has been abandoned by the market.

Author: Frederick Munawa, CoinDesk; Compiler: Songxue, Jinse Finance > The Litecoin Foundation and cryptocurrency hardware wallet maker Ballet have announced the upcoming sale of 500 collectible cards – made of 50 grams of pure silver and preloaded with at least 6.25 Litecoin (LTC). > > The cards will commemorate the blockchain’s third halving event, which is expected to happen on Wednesday. > > Sales are expected later this month at approximately $1,000 per card, but estimated tangible value at approximately $621. > > Litecoin is sometimes referred to as "digital silver," while Bitcoin is hailed as "digital gold." Litecoin founder Charlie Lee and his brother Bobby Lee appear to be based on this...

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