Crypto markets have spent most of the weekend in consolidation as Bitcoin takes a breather. Eyes are starting to turn to Litecoin once again as the halving clock ticks down with less than a month to go.
Litecoin Halving in 28 Days
The clock is ticking. According to Litecoinblockhalf there is 28 days to go before the event next month. According to an official post on the LTC website the previous halving took place on August 25, 2015 at block 840,000. This time it is expected 20 days earlier on August 5th at block 1,680,000 due to increased network hash rate that has slowly sped up the clock between difficulty readjustments.
If history is going to repeat there should be a big spike in Litecoin prices over the coming four weeks. In 2015 LTC surged 400 percent in the month leading up to the…