Crypto-specialized media outlet Watcher Guru reported on the 3rd that despite Litecoin's (LTC) recent halving event, the expected price rise did not occur. This case underscores the adage, 'buy on the rumor, sell on the news.' The halving, occurring at the 2,520,000th block, reduced the LTC mining reward from 12.5 to 6.25 LTC. Despite this 'good news,' LTC price fell 5.9% in 24 hours. Watcher Guru remarked there's no clear reason why prices didn't rise post-halving, noting similar patterns in past events like Ethereum's (ETH) PoS conversion.

#Litecoin #halving #cryptoprices #WatcherGuru #ETH

JUST IN: Visa & Mastercard pause launch of crypto products until market conditions and regulation improves.

#WatcherGuru

The Cryptoding #MichaelSaylor's company #MicroStrategy #Bitcoin's investment is now at a $745 million unrealized profit according to Watcher Guru, the real-time finance coverage platform.

#WatcherGuru released this information via a recent post on its account on X platform (previously twitter).

Always #DYOR before investing in Crypto $BTC