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Binance has extended its loan services, introducing DOGE and LTC as collateral, while adding CGPT to its VIP Loan program to cater to a wider range of users.
Leading cryptocurrency exchange Binance has set off market discussions after issuing a vital announcement on Dogecoin (DOGE), Litecoin (LTC), and ChainGPT (CGPT) tokens. Notably, the crypto exchange revealed on Wednesday that it is adding the abovementioned crypto as new loanable and collateral assets, offering enhanced offerings for users.
Litecoin saw the largest number of transactions, followed by Bitcoin and Ether.
User activity on the Litecoin (LTC) network has declined over the past few days, reaching its 2023 low on Monday. This drop in network usage has coincided with a dip in the LTC token price, which has plummeted by 10% in the past week, falling below the crucial $100 mark.
A hacker briefly gained access to Litecoin's X social media account to fraudulently promote that LTC is now available on the popular smart contract platform Solana (SOL).
When the US Securities and Exchange Commission (SEC) approved the 11 initial applications for spot ETFs last January 2024, it signaled a favorable environment for Bitcoin. The top digital asset's price surged thanks to increasing institutional attention.
Litecoin price continued its downtrend and tested the 100-day moving average as cryptocurrencies plunged. LTC, which has already fallen by 35% from its highest level this year, has more room to fall as the odds of a spot LTC ETF fell on Polymarket, active users dropped, and the coin formed a head-and-shoulders pattern.
Problem already resolved, due to a vulnerability of a secondary account.
Litecoin's X account was hacked to promote a fake Solana-based LTC token, briefly reaching a $27,000 market cap before crashing to $3,400. At the same time, Foresight Ventures' X account was hacked, linked to $500,000 raised through 15 compromised accounts, showing rising security risks.
Security expert Taylor Monahan recommends users conduct a guided self-audit of their X account security settings to prevent a hijack.
Litecoin price remained on edge during the weekend, mirroring the performance of Bitcoin, which remained below $95,000. Litecoin (LTC), a popular proof-of-work coin, was stuck at $103.03, down by 30% from its highest level in 2024.
The X account of cryptocurrency Litecoin briefly promoted a fake virtual token on the Solana network to its followers after a hacker temporarily gained access to the social media account.
Litecoin (LTC) has demonstrated resilience by maintaining its value above the crucial $100 support level. On January 10, 2025, the altcoin surged by approximately 5%, showing strength amid market uncertainty and providing a glimmer of hope for LTC holders.
The Litecoin X account was compromised and used to promote a fraudulent Solana-based token that mimicked the LTC ticker.
On January 11, Litecoin's official X social media account fell victim to a hacker allegedly promoting a fraudulent Litecoin token launched on the Solana network.
The compromised social media account is merely the latest in a string of hacking incidents on X over the last several months.
The incident highlights the growing vulnerability of social media accounts in the crypto space, risking investor trust and market stability. The post Litecoin's X account hacked to promote fake Solana LTC token appeared first on Crypto Briefing.
The market participants are anticipating more US Crypto ETF additions to the list after the approval of Spot Bitcoin ETF and Spot Ether ETF last year. Some more crypto ETFs that may see the light in 2025 are XRP ETF and Solana ETF, considering a lot of applications have been filed by issuers in November
Amid the ongoing market turmoil, top crypto projects have plunged below their important support levels. However, the Litecoin price has maintained its value above its important support of $100, hinting at a potential bullish reversal this month.
Litecoin (LTC) has caught the attention of investors with a bullish breakout that has fueled a 12% rally in just one week. This surge follows a decisive close above the critical $113 resistance level, signaling the possibility of further upward momentum.
Litecoin rallies 12% in a week after a bullish breakout—$282 target now in sight!
Litecoin (LTC) has lately been experiencing significant momentum as it emerges from a protracted downtrend, causing quite a stir. Analysts are beginning to anticipate a promising future for the cryptocurrency, with some predicting that it could reach as high as $400 in the near term.
As the new year begins, Litecoin (LTC) has achieved a significant milestone. It surpassed 300 million transactions, marking a historic moment for the cryptocurrency and its community.
Litecoin (LTC) has been generating buzz in the crypto market, with many analysts predicting the potential for significant price growth. In fact, some believe that Litecoin could achieve a 100% surge in the coming weeks, especially as the market enters a bullish phase.
