Litecoin (LTC)

Search documents
Zcash Tops Leaderboard in Altcoin Season With 382% Run – Litecoin, NEAR Participate
Yahoo Finance· 2025-10-10 17:32
Altcoin season is rewarding tokens with clear momentum and visible liquidity. The latest rotation puts Zcash at the front of the pack, with Litecoin and NEAR participating in strong sessions. The backdrop is supportive. Risk appetite has improved, and traders are favoring names with fresh catalysts and order books that can absorb size. Privacy, technical breaks, and steady ecosystem activity are the themes carrying today’s move. Zcash (ZEC): Leadership and the Drivers Behind It Zcash is currently tradin ...
Litecoin (LTC) holds $118 support as bulls eye $130 breakout
Invezz· 2025-10-07 15:07
Litecoin (LTC) price is holding firm above a crucial support zone near $118 despite a temporary cooling in market momentum following the delay of Canary Capital's spot Litecoin ETF. ...
Bitcoin Steady, but Bitfinex Warns of Downside Risks as U.S. Government Shutdown Looms
Yahoo Finance· 2025-09-30 19:51
The bounce in crypto markets mostly stalled on Tuesday with the U.S. government on track to shut down at midnight Eastern time. Bitcoin (BTC) — after earlier having slid about 2% from overnight highs near $115,000 - managed a late afternoon rally to $114,300, up marginally from 24 hours ago. Ether (ETH) traded just above $4,100, sliding 1.3% during the same period. Most tokens in the broad-market benchmark CoinDesk 20 Index posted declines, with Avalanche (AVAX), Uniswap (UNI) and Near (NEAR) leading los ...
Spain’s Largest Bank Banco Santander Kicks Off Retail Crypto Trading in Germany, Spain to Follow
Yahoo Finance· 2025-09-17 08:47
Banco Santander’s Openbank debuts crypto trading in Germany, expanding soon to Spain and the EU. | Credit: Getty Images. Key Takeaways Banco Santander, Spain’s largest bank, has launched retail crypto trading in Germany via its digital arm, Openbank. The service allows users to trade Bitcoin, Ethereum, Litecoin, MATIC, and Cardano, with more assets to follow. A rollout in Spain is planned by the end of the month, with EU expansion set for later this year. Banco Santander, Spain’s biggest bank and ...
X @Wu Blockchain
Wu Blockchain· 2025-09-03 10:13
Platform Overview - KuCoin launches KuMining, a cloud mining platform for Bitcoin (BTC) and Dogecoin (DOGE), with merged Litecoin (LTC) support [1] - KuMining aims to decentralize hashrate and empower individual users [1] Infrastructure and Capacity - The platform is backed by 300 MW to 2 GW infrastructure [1] - Initial Bitcoin (BTC) hashrate is 10 EH/s [1] - KuMining is adding thousands of water-cooled machines monthly to support capacity growth [1] Availability - KuMining will be available from September 16 [1]
Hyper Bit Announces Execution of Definitive Agreement to Acquire Dogecoin Mining Technologies Corp., With Hardware Supply Agreements for up to 2,660 ElphaPex DG1+ and DG2 Miners to be Hosted at Renewable Power Facility with Access to 11 MW Capacity
Newsfile· 2025-08-21 14:44
Core Viewpoint - Hyper Bit Technologies Ltd. has entered into a definitive agreement to acquire Dogecoin Mining Technologies Corp., enhancing its position in the cryptocurrency mining sector and aiming for long-term value creation and profitability [2][3][4]. Company Overview - Hyper Bit Technologies is a diversified technology company focused on crypto mining operations and blockchain innovations, aiming to unlock value in the digital asset ecosystem [14]. - Dogecoin Mining Technologies specializes in building scalable, high-performance cryptocurrency mining operations, particularly for Dogecoin and Litecoin [6]. Acquisition Details - The acquisition involves Hyper Bit acquiring 100% of the common shares of Dogecoin Mining Technologies, with a total consideration of 17,999,995 common shares issued at a deemed price of CAD $0.2625 per share, totaling approximately CAD $4.72 million [2][9]. - The transaction includes performance milestones that align the interests of Dogecoin shareholders with Hyper Bit's long-term growth objectives, with specific conditions for the release of shares [10][11]. Strategic Implications - The acquisition is seen as a pivotal milestone for Hyper Bit, positioning it as one of the first publicly traded companies focused on altcoin mining, with a strategy to consolidate the fragmented altcoin mining sector [3][5]. - Hyper Bit plans to leverage Dogecoin Mining Technologies' expertise and resources to enhance operational capacity and advance mining capabilities [5][8]. Operational Capacity - Dogecoin Mining Technologies has secured agreements for up to 2,660 ElphaPex DG1+ and DG2 miners, with access to a renewable power facility capable of 11 MW, and an anticipated power rate of under USD $0.07 per kilowatt-hour [7][8]. - The company is positioned to rapidly scale its mining operations, utilizing industry-leading hardware and low-cost sustainable energy [8].
BIT Mining Limited Announces Unaudited Financial Results for the Six Months Ended June 30, 2025
Prnewswire· 2025-08-14 20:30
Core Insights - BIT Mining Limited reported a significant decline in financial performance for the six months ended June 30, 2025, with total revenues of US$11.0 million, down 43.3% from US$19.4 million in the same period of 2024 [11][20][30] - The company is strategically shifting its focus towards the Solana ecosystem, having acquired $7.1 million worth of SOL and launched a self-operated validator node [3][24] Financial Performance - Revenues for the self-mining business were US$4.6 million, while the data center business generated US$6.4 million [6] - Operating costs and expenses increased to US$24.5 million, up 12.4% from US$21.8 million in the previous year [12] - The operating loss was US$13.9 million, compared to a loss of US$0.5 million in the same period of 2024 [18][30] - Net loss attributable to BIT Mining was US$13.9 million, a stark contrast to a net income of US$18.9 million in the prior year [20][21] Cryptocurrency Operations - The total hash rate capacity for DOGE/LTC mining machines was approximately 8,149.73 GH/s, producing 10.5 million DOGE and 2,980 LTC [7] - The BTC mining operations produced 17.3 BTC, generating approximately US$1.7 million in revenue [9] - The company reported a decrease in cryptocurrency assets to US$3.6 million as of June 30, 2025, down from US$9.6 million at the end of 2024 [23] Data Center Operations - The Ohio Mining Site's 82.5 megawatt space generated approximately US$6.4 million in service fee revenue, a decrease of US$3.9 million compared to the previous year [10] - The decline in revenue was attributed to discounts on hosting fees to retain customers [10] Strategic Initiatives - The company completed the acquisition of a 51% equity interest in a cryptocurrency mining data center in Ethiopia and is expanding its operations into the Solana ecosystem [2][3] - BIT Mining aims to optimize treasury efficiency and support its strategic shift towards sustainable value creation [24]
Thumzup Media Corporation's Board of Directors Authorizes Company to Hold up to $250 Million in Cryptocurrencies
Prnewswire· 2025-07-17 17:16
Core Insights - Thumzup Media Corporation has received approval from its Board of Directors to diversify its cryptocurrency portfolio, allowing the company to hold up to $250 million in various cryptocurrencies including Bitcoin (BTC), Ether (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Litecoin (LTC), and Stablecoin USDC [1][2][3] Company Strategy - The company aims to remain at the forefront of the evolving cryptocurrency landscape as the U.S. federal government moves towards more crypto-friendly policies and regulatory clarity [2] - By diversifying its cryptocurrency holdings, Thumzup seeks to gain broader market exposure and create significant value for its shareholders [2][3] Technological Innovation - Thumzup is also developing a patent-pending Lifestyle AI Agent Marketplace, which is intended to revolutionize lifestyle planning through curated, AI-powered experiences [3] - The company operates a proprietary platform that allows users to earn cash for sharing branded content on social media, managed through a programmatic advertiser dashboard [2] Market Presence - The Thumzup app is available for download on both the App Store and Google Play, indicating the company's commitment to accessibility and user engagement [4] - Thumzup has been featured in notable media outlets such as CBS Los Angeles and KTLA, enhancing its visibility in the market [4]