A widely followed analyst and trader is leaning bullish on one large-cap altcoin while updating his outlook on two other crypto assets. The analyst and trader pseudonymously known as DonAlt tells his 649,700 followers on the social media platform X that Litecoin (LTC) has “one of the best-looking crypto charts right now.
Litecoin (LTC) has gained notable traction in the market, rising by 5.15% in the last 24 hours to reach a price of $122. This surge is driven by mounting speculation regarding the potential approval of a Litecoin spot ETF, with some analysts suggesting a 90% likelihood of this happening.
The success of the Bitcoin & Ethereum ETF in 2024 has also raised the demand for the other tokens. Among them, the popular ones are XPR and Litecoin, which have a huge possibility of approval later this year.
The U.S. Securities and Exchange Commission (SEC) Crypto Task Force has begun considering whether staking should be allowed in crypto exchange-traded products (ETPs) after meeting with Jito Labs and Multicoin Capital on February 5, 2025.
Litecoin surged by 5.15% to $122, fueled by speculation of a spot ETF approval with 90% odds.
Litecoin emerged as an “improved” version of Bitcoin, yet it has never quite managed to surpass it. Nevertheless, it still ranks among the top 20 cryptocurrencies by market capitalization.
Litecoin (LTC) has been making waves in the cryptocurrency market, gaining significant attention as its price surges past $120. With growing optimism surrounding the potential approval of the SEC's spot Litecoin (LTC) ETF, traders are eyeing a potential breakout that could push LTC toward a 20% increase.
The U.S. SEC reassessed its stance on crypto staking under former chair Gary Gensler, signaling willingly to include the feature in ETFs.
The SEC's engagement with crypto firms on staking in ETPs could reshape investment strategies and enhance blockchain network security. The post SEC's Crypto Task Force engages with Jito Labs, Multicoin Capital on staking for crypto ETPs appeared first on Crypto Briefing.
In a recent update, the U.S. Securities and Exchange Commission (SEC) recently met with Jito Labs and Multicoin Capital to explore an exciting possibility – adding staking to exchange-traded products (ETPs). This meeting is part of the SEC's ongoing push to shape a clear and structured regulatory framework for cryptocurrency investments.
The U.S. Securities and Exchange Commission (SEC) held a meeting with Jito Labs and Multicoin Capital to discuss the potential inclusion of staking in exchange-traded products (ETPs). This discussion was part of the SEC's ongoing efforts to establish a clear regulatory framework for cryptocurrency investment products.
Jito Labs and Multicoin Capital argue staking would benefit investors and bolster the security of the underlying blockchain.
Jito (JTO), the liquid staking protocol on the Solana (SOL) network, has recently seen a notable surge in price, driven by an increase in network activity and technical momentum. The coin broke above the crucial $2.90 resistance level, signaling a potential for continued upward movement.
Bloomberg exchange-traded fund (ETF) analysts James Seyffart and Eric Balchunas have evaluated the prospects for the altcoin ETF applications submitted by major asset managers these last months. Their analysis reveals a growing optimism regarding the regulatory landscape for these financial products, particularly with Litecoin (LTC) ETFs emerging as the frontrunner for potential approval.
Solana-based liquid staking protocol Jito thrives amidst the prevailing broad market uncertainty. JTO has recorded price surges with increased network activity, confirming a flourishing ecosystem. The altcoin trades at $3.11. Notably, the latest surge propelled JTO past a key descending wedge pattern.
Jito breaks out of a falling wedge, confirming a bullish breakout as Open Interest rises by 6.46% on major exchanges.
The Litecoin (LTC) price could be on the cusp of skyrocketing this year, as odds that a spot Litecoin ETF launches in the USA this year rise. The post Litecoin Price Set to Skyrocket as ETF Hype Rises – 3x Gains Possible? appeared first on Cryptonews.
TMX VettaFi Investment Strategist Cinthia Murphy joins CoinDesk to discuss the optimistic future for crypto ETF products in the current administration as President Trump has showed a friendlier stance towards digital assets. Plus, which among Litecoin, XRP and Doge will be the first to get a green light on its ETF?
Ever since the SEC considered the spot LTC ETF filing and acknowledged it, the Litecoin price has been on the rise. The token has been displaying immense strength with a considerable amount of volume in times when major tokens like Bitcoin or Ethereum are facing huge upward pressure.
Crypto prices bounced back this week even after the US published strong inflation data, raising concerns that the Federal Reserve will maintain higher interest rates for longer. Bitcoin price held steady above the support at $96,000, while the total market cap of all coins jumped to over $3.2 trillion.
A widely followed analyst believes that one large-cap altcoin now has a compelling narrative that will fuel its surge to a fresh record high.
Litecoin recent price action has left traders at a crossroads as the cryptocurrency struggles to recover from a sharp rejection at $131. After an attempt to push higher, LTC failed to hold its momentum, turning $113 into a critical level that could shape its next move.
Litecoin (LTC) has emerged as one of this year's strongest performers, climbing 14% year-to-date as speculation grows around a potential spot exchange-traded fund (ETF) approval in 2025. On prediction markets like Polymarket, traders have increased the odds of Litecoin's ETF approval from 50% at the start of the year to 84% today.
In a notable divergence from the prevailing cryptocurrency market downturn, Litecoin (LTC) has experienced a significant rally over the past few days. This surge is attributed to increased accumulation by large investors, commonly referred to as “whales,” indicating a growing confidence in LTC's potential for further gains.
Litecoin price has done well since August last year, helped by the rising odds of a spot LTC ETF jumped. It has risen by about 127% from its lowest point in August last year, making it one of the top cryptocurrencies.
Hedera (HBAR) was also among the underperformers, dipping 3.9%.
The race for the next big crypto ETF is heating up, and Litecoin might just be leading the pack. Why do experts believe an LTC ETF could be the first to hit the market in 2025?
Bittensor (TAO) has seen impressive price action recently, breaking out of a key descending wedge pattern and surging by 10.56% in just 24 hours to trade at $428.93. This breakout has caught the attention of investors, as it signals a potential bullish trend for the altcoin.
Bitcoin and other altcoin prices traded lower on Wednesday after the U.S. released hotter-than-expected consumer inflation data. Bitcoin (BTC) fell by 3%, while other popular altcoins saw steeper declines.
The likelihood of the U.S. Securities and Exchange Commission (SEC) approving a Litecoin (LTC) Exchange-Traded Fund (ETF) in 2025 has reached an impressive 90%, according to analysts at Bloomberg. This potential approval represents a significant milestone in the cryptocurrency market, with Litecoin poised to become the first altcoin outside of Bitcoin and Ethereum to secure such approval.
Bittensor (TAO) jumps 17% as Elon Musk makes a $97.4B OpenAI bid! AI cryptos rally—Will TAO break $437 resistance? Read the latest market analysis. The post Bittensor Price Skyrockets as Elon Makes a Move on OpenAI – Are AI Tokens About to Explode? appeared first on Cryptonews.
Bitcoin dipped below $95,000 early in today's trading as a key support level crumpled. The flagship cryptocurrency is struggling to reclaim $96,000 and is currently trading around $95,450.
Litecoin's 20% price surge to $132 coincides with 90% ETF approval probability, strong technical indicators, and growing institutional interest.
Litecoin and Cardano saw significant price jumps over the last 24 hours, with Litecoin climbing by 11% and trading above $128, while Cardano rose 16%, surpassing $0.81.
A crypto strategist who has earned the “Master Trader” rank on the digital asset exchange Bybit thinks Litecoin (LTC) is gearing up for a big burst to the upside. Pseudonymous analyst Bluntz tells his 315,900 followers on the social media platform X that looks bullish against the US dollar and Bitcoin (BTC).
TAO's breakout, strong sentiment, and rising development activity could be key for its price action.
Solana, XRP, Dogecoin, Litecoin—who will defy the odds in the ETF battle?
Litecoin (LTC) has experienced an impressive 20% surge in price over the past two days, reaching over $132. The catalyst behind this rise appears to be increasing speculation surrounding the potential approval of a Litecoin Exchange-Traded Fund (ETF).
Litecoin has experienced a strong bullish surge in recent days, climbing over 30% since last Friday. This impressive rally has positioned Litecoin as one of the top-performing altcoins during a period of market uncertainty.
Rising by 14% in the face of a broad general market volatility, Litecoin (LTC) is once more displaying its strength in the crypto scene. LTC dropped briefly to $102, then swiftly recovered and today rests securely above the $120 support zone.
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Litecoin has surged 13% in the past 24 hours as rumors of an ETF are in the air.
Litecoin (CRYPTO: LTC) has surged 20% over the past seven days, fueled by rising ETF approval expectations and increasing bullish sentiment among traders. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Litecoin (CRYPTO: LTC) $120.98 $9.13 billion +1.1% +17.5% Shiba Inu (CRYPTO: SHIB) $0.00001567 $9.2 billion -1.4% -1.3% Toncoin (CRYPTO: TON) $3.75 $9.3 billion -1.9% -4.4% Trader Notes: Kaleo believes Litecoin is about to pull an XRP, referring to the explosive rally XRP saw after its legal clarity boost.
Amid the ongoing market uncertainty, Litecoin (LTC) is gaining significant attention from crypto enthusiasts due to its impressive performance in recent days. While examining current market trends and asset outlooks, a prominent crypto expert posted on X (formerly Twitter) and made a bold prediction for LTC.
Litecoin ($LTC) has been propelled to the forefront of the altcoin market with recent moves, and technical indicators suggest the rally may just be getting started. The post Could Litecoin Be the Next Big Runner? $1.5 Billion Volume Pushes LTC Up 12% appeared first on Cryptonews.
Litecoin has experienced a notable rally over the last 24 hours, surging by 10%. This rally helped the altcoin recover a significant portion of the losses incurred since the end of January.
The analysts estimate Dogecoin ETF approvals at 75%, while Solana and XRP ETFs have 70% and 65% chances, respectively.