{"id":540322,"date":"2023-06-30T00:00:35","date_gmt":"2023-06-30T00:00:35","guid":{"rendered":"https:\/\/uniquehot.com\/?p=540322"},"modified":"2023-06-29T22:11:50","modified_gmt":"2023-06-29T22:11:50","slug":"litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/","title":{"rendered":"Litecoin Bull Case Grows Stronger As Hashrate Touches New All Time-High"},"content":{"rendered":"

Litecoin (LTC) has been one of the most bullish coins for the year 2023 with anticipation around its forthcoming halving event. This has propelled the digital asset toward price increases higher than the market average. And now, once again, the bull case for the digital asset is even stronger as its hashrate has risen rapidly to a new peak.<\/p>\n

Litecoin Hashrate Touches New All-Time High<\/h2>\n

As the halving event draws closer, more attention is being paid to the Litecoin network. This has led to an increase in the hashrate of the network as more miners are joining the network. Most of the month of June has seen large spikes in hashrate following the rise in the mining difficulty.<\/p>\n

Related Reading: The Blessing Of July: Can Bitcoin Climb To $36,000 In The Coming Month?<\/a><\/div>\n

The rise in mining difficulty means that it is harder to find a block and as such, miners have to bring more machines online to increase their chances, leading to a spike in the hashrate. And as more miners are brought online, the Litecoin hashrate has touched its highest level yet.<\/p>\n

According to data from CoinWarz, the Litecoin hashrate reached 958.36 terahashes per second (TH\/s), on Wednesday, June 28, 2023. This is a new all-time high for the network whose previous all-time high had data just above 800 TH\/s.<\/p>\n

\"Litecoin<\/p>\n

Litecoin hashrate reaches new all-time high | Source: CoinWarz<\/a><\/pre>\n
The hashrate has seen a decline and is now sitting at 735.71 TH\/s for the global hashrate. However, the spike points toward a more positive development for its network and its native token LTC.<\/p>\n
LTC Could Surge Upon Halving Event<\/h2>\n
The Litecoin halving<\/a> which will cut block rewards down from 12.5 LTC per mined block to 6.25 LTC per mined block is now less than two months away. As halving events have been known to impose a level of scarcity on a digital asset, a surge in the price of LTC is expected as the event draws closer.<\/p>\n
\"Litecoin<\/p>\n
LTC price sitting above $85 support | Source: LTCUSD on TradingView.com<\/a><\/pre>\n
This scarcity would see supply reduce and if demand continues to rise, then LTC is poised to break $100 by the time the halving is done. If this happens, it could also trigger a reasonable rally in the crypto market as positive sentiment and profits from LTC spills over into the rest of the crypto market.<\/p>\n
Related Reading: Bitcoin Investor Sentiment Suggests BTC Rally Is Far From Over<\/a><\/div>\n
Litecoin\u2019s rise in hashrate already shows that miners are preparing for the halving, indicating renewed fate in the digital asset. As the next few weeks leading up to the event roll by, investors can expect LTC to trade in the green despite market bearishness.<\/p>\n
At the time of writing, LTC is trading at a price of $85.40 per coin, down 3.08% in the past week.<\/p>\n
Featured image from Unsplash, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Litecoin (LTC) has been one of the most bullish coins for the year 2023 with anticipation around its forthcoming halving event. This has propelled the digital asset toward price increases higher than the market average. And now, once again, the bull case for the digital asset is even stronger as its hashrate has risen rapidly to a new peak. Litecoin Hashrate Touches New All-Time High As the halving event draws closer, more attention is being paid to the Litecoin network. This has led to an increase in the hashrate of the network as more miners are joining the network. Most of the month of June has seen large spikes in hashrate following the rise in the mining difficulty. Related Reading: The Blessing Of July: Can Bitcoin Climb To $36,000 In The Coming Month? The rise in mining difficulty means that it is harder to find a block and as such, miners have to bring more machines online to increase their chances, leading to a spike in the hashrate. And as more miners are brought online, the Litecoin hashrate has touched its highest level yet. According to data from CoinWarz, the Litecoin hashrate reached 958.36 terahashes per second (TH\/s), on Wednesday, June 28, 2023. This is a new all-time high for the network whose previous all-time high had data just above 800 TH\/s. Litecoin hashrate reaches new all-time high | Source: CoinWarz The hashrate has seen a decline and is now sitting at 735.71 TH\/s for the global hashrate. However, the spike points toward a more positive development for its network and its native token LTC. LTC Could Surge Upon Halving Event The Litecoin halving which will cut block rewards down from 12.5 LTC per mined block to 6.25 LTC per mined block is now less than two months away. As halving events have been known to impose a level of scarcity on a digital asset, a surge in the price of LTC is expected as the event draws closer. LTC price sitting above $85 support | Source: LTCUSD on TradingView.com This scarcity would see supply reduce and if demand continues to rise, then LTC is poised to break $100 by the time the halving is done. If this happens, it could also trigger a reasonable rally in the crypto market as positive sentiment and profits from LTC spills over into the rest of the crypto market. Related Reading: Bitcoin Investor Sentiment Suggests BTC Rally Is Far From Over Litecoin\u2019s rise in hashrate already shows that miners are preparing for the halving, indicating renewed fate in the digital asset. As the next few weeks leading up to the event roll by, investors can expect LTC to trade in the green despite market bearishness. At the time of writing, LTC is trading at a price of $85.40 per coin, down 3.08% in the past week. Featured image from Unsplash, chart from TradingView.com<\/p>\n","protected":false},"author":541,"featured_media":540325,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16897],"tags":[10,41611,88526,2828,2831,79510],"class_list":["post-540322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-litecoin","tag-litecoin","tag-litecoin-halving","tag-litecoin-hashrate","tag-ltc","tag-ltcusd","tag-ltcusdt"],"acf":[],"yoast_head":"\nLitecoin Bull Case Grows Stronger As Hashrate Touches New All Time-High<\/title>\n<meta name=\"description\" content=\"Litecoin (LTC) has been one of the most bullish coins for the year 2023 with anticipation around its forthcoming halving event. This has propelled the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Litecoin Bull Case Grows Stronger As Hashrate Touches New All Time-High\" \/>\n<meta property=\"og:description\" content=\"Litecoin (LTC) has been one of the most bullish coins for the year 2023 with anticipation around its forthcoming halving event. This has propelled the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-30T00:00:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-29T22:11:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/michael-fortsch-I1PywtFZY6s-unsplash-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1586\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Best Owie\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/BestOwie\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Best Owie\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/\"},\"author\":{\"name\":\"Best Owie\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\"},\"headline\":\"Litecoin Bull Case Grows Stronger As Hashrate Touches New All Time-High\",\"datePublished\":\"2023-06-30T00:00:35+00:00\",\"dateModified\":\"2023-06-29T22:11:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/\"},\"wordCount\":464,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/michael-fortsch-I1PywtFZY6s-unsplash-scaled.jpg?fit=2560%2C1586\",\"keywords\":[\"Litecoin\",\"Litecoin Halving\",\"Litecoin hashrate\",\"ltc\",\"ltc\/usd\",\"LTCUSDT\"],\"articleSection\":[\"Litecoin\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/\",\"url\":\"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/\",\"name\":\"Litecoin Bull Case Grows Stronger As Hashrate Touches New All Time-High\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/michael-fortsch-I1PywtFZY6s-unsplash-scaled.jpg?fit=2560%2C1586\",\"datePublished\":\"2023-06-30T00:00:35+00:00\",\"dateModified\":\"2023-06-29T22:11:50+00:00\",\"description\":\"Litecoin (LTC) has been one of the most bullish coins for the year 2023 with anticipation around its forthcoming halving event. This has propelled the\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/michael-fortsch-I1PywtFZY6s-unsplash-scaled.jpg?fit=2560%2C1586\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/michael-fortsch-I1PywtFZY6s-unsplash-scaled.jpg?fit=2560%2C1586\",\"width\":2560,\"height\":1586,\"caption\":\"Litecoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Litecoin Bull Case Grows Stronger As Hashrate Touches New All Time-High\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\",\"name\":\"Best Owie\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"caption\":\"Best Owie\"},\"description\":\"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/BestOwie\"],\"url\":\"https:\/\/uniquehot.com\/author\/owiebest\/\"}]}<\/script>\n","yoast_head_json":{"title":"Litecoin Bull Case Grows Stronger As Hashrate Touches New All Time-High","description":"Litecoin (LTC) has been one of the most bullish coins for the year 2023 with anticipation around its forthcoming halving event. This has propelled the","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/","og_locale":"en_US","og_type":"article","og_title":"Litecoin Bull Case Grows Stronger As Hashrate Touches New All Time-High","og_description":"Litecoin (LTC) has been one of the most bullish coins for the year 2023 with anticipation around its forthcoming halving event. This has propelled the","og_url":"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-06-30T00:00:35+00:00","article_modified_time":"2023-06-29T22:11:50+00:00","og_image":[{"width":2560,"height":1586,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/michael-fortsch-I1PywtFZY6s-unsplash-scaled.jpg","type":"image\/jpeg"}],"author":"Best Owie","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/BestOwie","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Best Owie","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/"},"author":{"name":"Best Owie","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d"},"headline":"Litecoin Bull Case Grows Stronger As Hashrate Touches New All Time-High","datePublished":"2023-06-30T00:00:35+00:00","dateModified":"2023-06-29T22:11:50+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/"},"wordCount":464,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/michael-fortsch-I1PywtFZY6s-unsplash-scaled.jpg?fit=2560%2C1586","keywords":["Litecoin","Litecoin Halving","Litecoin hashrate","ltc","ltc\/usd","LTCUSDT"],"articleSection":["Litecoin"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/","url":"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/","name":"Litecoin Bull Case Grows Stronger As Hashrate Touches New All Time-High","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/michael-fortsch-I1PywtFZY6s-unsplash-scaled.jpg?fit=2560%2C1586","datePublished":"2023-06-30T00:00:35+00:00","dateModified":"2023-06-29T22:11:50+00:00","description":"Litecoin (LTC) has been one of the most bullish coins for the year 2023 with anticipation around its forthcoming halving event. This has propelled the","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/michael-fortsch-I1PywtFZY6s-unsplash-scaled.jpg?fit=2560%2C1586","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/michael-fortsch-I1PywtFZY6s-unsplash-scaled.jpg?fit=2560%2C1586","width":2560,"height":1586,"caption":"Litecoin"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Litecoin Bull Case Grows Stronger As Hashrate Touches New All Time-High"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d","name":"Best Owie","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","caption":"Best Owie"},"description":"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/uniquehot.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Litecoin Bull Case Grows Stronger As Hashrate Touches New All Time-High","url":"http:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/litecoin\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/michael-fortsch-I1PywtFZY6s-unsplash-scaled.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/michael-fortsch-I1PywtFZY6s-unsplash-scaled.jpg?fit=2560%2C1586"},"articleSection":"Litecoin","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["litecoin","litecoin halving","litecoin hashrate","ltc","ltc\/usd","ltcusdt"],"dateCreated":"2023-06-30T00:00:35Z","datePublished":"2023-06-30T00:00:35Z","dateModified":"2023-06-30T00:00:35Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Litecoin Bull Case Grows Stronger As Hashrate Touches New All Time-High\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/litecoin\\\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/litecoin\\\/litecoin-bull-case-grows-stronger-as-hashrate-touches-new-all-time-high\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/michael-fortsch-I1PywtFZY6s-unsplash-scaled.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/michael-fortsch-I1PywtFZY6s-unsplash-scaled.jpg?fit=2560%2C1586\"},\"articleSection\":\"Litecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"litecoin\",\"litecoin halving\",\"litecoin hashrate\",\"ltc\",\"ltc\\\/usd\",\"ltcusdt\"],\"dateCreated\":\"2023-06-30T00:00:35Z\",\"datePublished\":\"2023-06-30T00:00:35Z\",\"dateModified\":\"2023-06-30T00:00:35Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/michael-fortsch-I1PywtFZY6s-unsplash-scaled.jpg?fit=2560%2C1586","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/540322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=540322"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/540322\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/540325"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=540322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=540322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=540322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}