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Approval from Canada to Litecoin
There has been an important development in Litecoin (LTC), which will enter the halving process next month. Unlimited Litecoin trading on crypto exchanges from Canada has been approved. It has been reported that 3 more cryptocurrencies are allowed along with LTC.
Litecoin Gets Approval From Canada
Good news for Litecoin from Canada. Litecoin, the Canadian government has reportedly allowed Litecoin trading. In the post, attention was also drawn to July 1, Canada Day. In the statement, it was stated that 3 more cryptocurrencies are allowed.
Litecoin will perform its third halving exactly one month later. After this halving, the block reward will decrease from 12.5 LTC to 6.25 LTC. It was wondered whether Halving would affect the LTC price.
With the rise in the crypto market, the price of LTC exceeded $ 100. LTC saw $106 with the news today. With the halving next month, expectations that the rise will accelerate have increased. With the recent rises, LTC was once again included in the top 10 cryptocurrencies.
Famous analyst Peter Brandt stated that he saw a big break in Litecoin analysis. Brandt predicted that LTC was pointing at the $110 level. Crypto analyst Crypto Tony noted that the $102 support in LTC is significant.
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