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Author: Michael Johnson
Litecoin price was down 3% to trade around $67 on Friday morning. Santiment wrote on X that the altcoin has seen a rapid increase in on-chain movement. LTC is seeing a spike in address activity and whale transactions, with metrics at highest levels since June. The total crypto market is down 1.5% in the past 24 hours to $1.3 trillion, with Bitcoin hovering just above $34,000. Meanwhile, most altcoins are struggling to hold onto recent gains. But as market observers and analysts put it, the overall outlook is bullish for crypto ahead of what could be a massive bull market…
Litecoin price hovers around $63 with the altcoin down over 5% in the past week and 11% over the last 30 days. According to CoinGecko, LTC has fallen 84% since hitting its all-time high above $410 in May 2021. The downtrend that has seen one of the earliest cryptocurrencies slide out of the top 10 by market cap now has small wallet holders selling as price nears a crucial support area. Market intelligence and on-chain analytics platform Santiment has highlighted a dip in Litecoin shrimp holders – wallet addresses with less than 1 LTC. These wallets have sold-off over 45,200…
Canary Capital has filed for a spot Litecoin ETF The ETF aims to offer institutional investors exposure to Litecoin’s value Regulatory challenges may arise, especially regarding market infrastructure and liquidity Canary Capital, a notable name in the world of cryptocurrency investment, has filed for a spot Litecoin exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC). The filing comes days after the company submitted a similar registration for a spot XRP ETF. The latest filings signal the firm’s ambitious expansion plans in the digital asset investment landscape, targeting institutional investors seeking reliable cryptocurrency exposure. Aiming to tap into…
Nasdaq has filed a 19b-4 form for the proposed Canary Litecoin ETF. The SEC recently asked Canary Capital to amend the S-1 form of the proposed Litecoin ETF. The initial filing for the Canary Litecoin ETF was made in October 2024. Nasdaq has taken a pivotal step by filing a 19b-4 form for the proposed ‘Canary Litecoin ETF,’ signaling the start of the US Securities and Exchange Commission (SEC) review process. This filing comes just after Canary Capital amended its S-1 form, completing the necessary duo of documents required for the SEC’s consideration. The 19b-4 form, submitted on Wednesday, outlines…
Litecoin leads today’s gainers with a 13% jump, renewing interest in large-cap alts. XRP bulls should defend $3.0 to prevent significant dips. Two firms have purchased Solana worth over $23 million. Digital tokens recorded minor price actions on Tuesday as the global cryptocurrency market cap soared 0.15% the past day to $3.73 trillion. Meanwhile, Litecoin led the gainers with an over 12% gain, sparking interest in large-cap and legacy altcoins. Ripple’s XRP trades at a crucial juncture as bulls defend the support level at $3.0, while Solana sees institutional traction as two companies purchase SOL worth over $23 million. Let…
Litecoin surges 8% to $78.04 after Trump’s 90-day tariff pause boosts market sentiment. Fidelity’s IRA inclusion and 90% ETF approval odds signal growing institutional interest. Technical resistance at $100 looms, with $80 as the key level for a potential breakout. Litecoin ($LTC) surged 8% to an intraday high of $78.04 on Thursday, capitalizing on a broader market uplift following US President Donald Trump’s 90-day pause on most newly imposed tariffs. The White House framed this move as a strategic adjustment, maintaining a 10% baseline tariff while raising duties on Chinese goods, a policy shift that had previously unsettled markets. The…
Litecoin is forming bullish flag and pennant patterns, signalling a bullish breakout. Price targets range from $108 to $153 after the imminent breakout. Large holders and strong volume back the projected LTC’s upward momentum. Litecoin (LTC) is once again in the spotlight as bullish technical formations point to the potential for significant upside movement. The cryptocurrency is currently navigating a critical phase, marked by a series of strong technical patterns and robust on-chain data that suggest an optimistic outlook. LTC price technical analysis At the time of writing, Litecoin trades around $97.45, maintaining stability while exhibiting subtle signs of bullish…
Litecoin price is up 12% in 24 hours, hitting $127 as altcoins look to bounce back. The LTC price could rally to $200 and target a new all-time. Bullish catalysts include spot ETF anticipation, payments activity/adoption and treasury strategy moves. Litecoin trades as one of the top gainers in the past 24 hours, with the altcoin boasting a 12% spike as price hovers near $126. Gains see weekly uptick extended and LTC up by more than 47% in the past month. Amid a confluence of bullish catalysts, can Litecoin price jump to its year-to-date highs near $140 and target multi-year…
Providing an update on Litecoin’s daily technical setup, Cryptowzrd noted in a recent X post that LTC closed the session indecisively as LTCBTC responded to a spike in Bitcoin Dominance (BTC.D). With Bitcoin continuing to dictate overall market direction, the analyst mentioned plans to monitor LTC’s intraday chart for a potential quick scalp opportunity. LTCBTC Shows Early Bullish Signs Despite Caution In his analysis, Cryptowzrd observed that both Litecoin (LTC) and LTCBTC closed the day with indecisive daily candles, reflecting market hesitation. Despite this uncertainty, LTCBTC managed to close slightly in the green, which could be an early sign of…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…