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Litecoin ( LTC ) underwent its third halving event yesterday. The halving took place on block 2,520,000. LTC rewards are now halved, down from 12.5 LTC to 6.25 LTC . Although price gains usually follow halving events, LTC did not witness any such developments. Instead, the popular crypto asset is down by 5.9% in the last 24 hours, and by 20% in the last 30 days. There is no clear reason why Litecoin did not see a price rally post-halving. It is possible that because the larger crypto market is in a slump, the event did not garner enough interest from investors. Several macroeconomic developments, such as interest rate hikes and job data, might have kept the crypto markets at bay. Also Read: Litecoin Halving Countdown: LTC Sees Last-Minute Slump in Value Moreover, the halving event seems like another “sell the news” event. This is similar to what happened during Ethereum’s transition to a Proof-of-Stake consensus method, which did not lead to any significa...

Bitcoin remains the most-searched cryptocurrency in 2022 by far thanks to its top-brand status and being in a league of its own when it comes to decentralization. Cryptocurrencies have suffered immensely in 2022 from the onslaught of a hawkish Federal Reserve and the implosions of crypto platforms FTX, Terra, Celsius Network, and others. What were the most-searched cryptocurrencies in 2022? Notably, the market valuation of all the cryptocurrencies combined has dropped 70% year-to-date (YTD) to nearly $770 billion, signifying massive capitulations by traders and investors alike. The waning demand has also pushed the internet requests fo6r the keyword "buy cryptocurrency" to their lowest since February 2020, according to Google Trends. Interest in the  the keyword "buy cryptocurrency" over the past five years. Source: Google Trends Nonetheless, the latest Accenture's 2022 Global Consumer Payments report shows that retail interest in cryptocurrencies remains high ...