Litecoin bulls found momentum at important Fibonacci level, aided by renewed whale activity.
Amid the subtle cryptocurrency rebound in the first two days of 2025, Litecoin (LTC), a veteran altcoin secured by the legendary Proof-of-Work (PoW) consensus mechanism, has signaled further growth ahead. The mid-cap altcoin, with a fully diluted valuation of about $8.
Litecoin [LTC], often referred to as the “silver to Bitcoin's gold,” has captured the market's attention with its latest price rally. After a period of declines, the altcoin is showing signs of recovery, surging 6.69% in the past 24 hours and trading at $105 at the time of writing.
Litecoin is experiencing a strong upward momentum as LTC makes a bullish crossover on Stoch and RSI.
Litecoin is an early-stage altcoin developed by a former Google Engineer, Charlie Lee in October 2011.
A wave of cryptocurrency exchange-traded funds (ETFs) is anticipated in 2025, according to Bloomberg Senior ETF Analyst Eric Balchunas.
It's time to start looking for an overlooked or undervalued cryptocurrency with the potential for a breakout rally in 2025. In a best-case scenario, this should be a cryptocurrency trading well below its all-time high and with a compelling investment thesis for the year ahead.
Litecoin (LTC) is celebrating a historic milestone: a 100% uptime record since its inception. The official X handle of the Litecoin foundation shared a screenshot of the "Litecoin uptime tracker," indicating that the Litecoin network has been functional 100% since its inception on October 23, 2011.
Despite the recent bull rallies by both coins, OKX appears to have maintained its stance, as previously stated in June of this year. Ripple's XRP and Litecoin (LTC) USDT-margined and crypto-margined expiry futures will be delisted by the crypto exchange today.
XRP News: Crypto exchange Binance's peer OKX will delist Ripple's XRP and Litecoin (LTC) USDT-margined and crypto-margined expiry futures today. The move comes in line with current market trends and to meet users' needs, the crypto exchange explained.
Cryptocurrencies had quite a year in 2024. Bitcoin (BTC 0.92%), the world's largest cryptocurrency, topped $108,000 and altcoins have surged as well.
On-chain data shows the Litecoin Daily Active Addresses indicator has seen a significant increase this year as compared to the last one.
Litecoin regains momentum, which is supported by increased network activity. Eyes are now on the critical $120 resistance level for further gains.
Litecoin's surge in activity peaked at 1.37 million addresses in January 2024 indicating strong user growth and network traction.
On-chain data shows HODLing behavior on the Litecoin network has remained strong recently despite the plunge that LTC's value has observed. Litecoin HODLers Currently Control The Majority Of Supply In a new post on X, Litecoin's official handle talks about how the asset supply is distributed between its different cohorts right now.
Litecoin has seen a rise in daily active addresses in 2024, with an average of 401,000 addresses interacting with the network daily. This represents an increase from the 366,000 daily active addresses recorded in 2023.
Binance Pool offers the widest selection of merged mining coins for Litecoin (LTC) block producers. Addition to Binance Pool does not signal listings on the exchange.
On December 17, Bitcoin (BTC -1.18%) hit a new all-time high above $108,000. While Bitcoin has been fairly volatile, it's still up more than 50% since the presidential election.
Litecoin (LTC) has had a rough week, experiencing a significant price drop that pushed it below the $100 mark. Over the past 24 hours, LTC has declined by 11.09%, extending its weekly losses to 20.12%.
78% of Litecoin addresses have held their LTC for over a year anticipating further price growth.
According to on-chain analytics platform IntoTheBlock, 78% of Litecoin (LTC) addresses have held their LTC for over a year.
Litecoin (LTC), often regarded as the silver to Bitcoin's gold, has experienced significant volatility throughout its history. As of December 2024, Litecoin's price is hovering around $108, with bearish pressure mounting below the $110 mark.
After the Fed's FOMC meeting, crypto markets crashed, including Litecoin (LTC) price. This drop is due to the Fed's hawkish decision on reducing the number of rate cuts in 2025 from the anticipated four to two.
ETFs are gaining traction in the financial world. These assets could soon take center stage in the race for crypto fund innovation.
Litecoin (LTC), a Bitcoin hard fork, has become one of the biggest gainers in the cryptocurrency market. On December 18, 2024, LTC surged over 5% in the last 24 hours, defying declines in the two leading cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), which saw losses of 3% and 5%, respectively.
Bloomberg analysts outline ETF approval timelines for Solana, Litecoin, and Hedera. Technical analysis highlights correction risks for SOL and HBAR, while LTC eyes a bullish breakout.
Will Solana and XRP face further delays despite growing interest in crypto ETFs?
Filecoin joined Litecoin as a top underperformer, declining 6.2% from Tuesday.
Litecoin is considered one of the most undervalued cryptos in the market. Mainly because being the very first altcoin still in action, LTC failed to follow Bitcoin's legacy. As a result, the token failed even to regain a 3-digit figure after the fallout in 2021.
Bloomberg analysts, including Eric Balchunas and James Seyffart, have speculated that Litecoin and Hedera are likely to see their ETFs approved before Solana and XRP.
XRP's status as a security and its inclusion in several pending lawsuits between the SEC and crypto firms could delay the approval of its ETFs until much later in 2025.
TL;DR Bloomberg analysts predict a significant surge in crypto ETFs in 2025, driven by changes in SEC leadership and growing market demand. The first wave of new crypto ETFs is expected to be led by Bitcoin and Ethereum, followed by Litecoin and Hedera, which have favorable regulatory positions.
Bloomberg's senior ETF analyst expects multiple new crypto exchange-traded funds (ETFs) to launch in 2025 amid anticipated changes in Securities and Exchange Commission (SEC) leadership since Republican Donald Trump won the U.S. presidential election.
The crypto investment landscape transforms as Bitcoin ETFs accumulate over $123 billion in assets since January approval, while analysts project a strategic expansion of crypto ETFs in 2025, potentially reshaping market dynamics.
Bloomberg analysts Eric Balchunas and James Seyffart predict a significant surge in cryptocurrency exchange-traded funds (ETFs) in 2025.
The year 2024 is ending with Bitcoin touching the new ATH of $107K and maximum altcoins trading in green. Factors adding to this rally are major expectations of lower interest rate cuts in December, as it typically helped Bitcoin. Another factor that boosted this rally was the inclusion of MicroStrategy in the Nasdaq 100 index.
The cryptocurrency market has been experiencing a phase of consolidation following Bitcoin's recent surge, and altcoins like Litecoin (LTC) and XRP are mirroring this trend. Both tokens have been caught in long-term symmetrical triangle patterns, signaling potential breakouts.
Eric Balchunas, one of the leading ETF analysts, has poured cold water on the prospects of an XRP exchange-traded fund being approved by the U.S. Securities and Exchange Commission (SEC) in the near future.
A wave of cryptocurrency ETFs is expected to hit the market in 2025, with Litecoin (CRYPTO: LTC) and HBAR (CRYPTO: HBAR) possibly getting approved ahead of Solana (CRYPTO: SOL) and Ripple (CRYPTO: XRP), according to Bloomberg Intelligence ETF analyst Eric Balchunas.
Bloomberg analysts, including Eric Balchunas and James Seyffart, have predicted that the Litecoin and Hedera ETFs could launch before the Solana and XRP ETFs. These analysts also provided insights into why they hold such beliefs regarding the crypto ETF landscape.
After marking new highs, the Bitcoin price has begun to consolidate, suggesting a minimum participation of bulls. With this, the altcoins that were trying hard to keep up the bullish trend have scrambled back under bearish influence.
Litecoin (LTC), often referred to as the “silver to Bitcoin's gold,” has been a cornerstone of the cryptocurrency market since its inception. With its unique blend of speed, security, and scalability, Litecoin remains one of the most widely adopted cryptocurrencies.
Speculative activity around Litecoin has dropped after hitting a multi-month peak earlier this month.
A popular crypto analyst has issued a warning about Aave (AAVE), a top decentralized lending protocol built on Ethereum (ETH). The trader Ali Martinez tells his 98,500 followers on the social media platform X that social volume and positive sentiment around Aave's native token are skyrocketing.
TL;DR Litecoin (LTC) has lost relevance in the crypto market, showing technical stagnation and a lack of innovation since 2017, which has reduced investor interest. Its creator, Charlie Lee, sold all his holdings in 2017, raising doubts about confidence in the project and its future.
The market intelligence platform IntoTheBlock has explained why Litecoin (LTC) isn't an asset to be overlooked based on its on-chain metrics. Litecoin Has Continued To Witness Significant Activity Recently In a new post on X, IntoTheBlock has discussed what the various key on-chain indicators have been like for the Litecoin network recently.
Bitcoin (BTC) continues to soar, surpassing the $100,000 mark for the first time, the altcoin market is also gaining serious traction. After a substantial rally in recent weeks, the total altcoin market cap has surged by more than 80% in the past five weeks, reaching $1.57 trillion by early December 9, with further growth anticipated.
Litecoin's daily usage metrics have surpassed several other prominent networks.