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.

Bitcoin, XRP, and Litecoin have reached their initial resistance levels after breaking out of bullish patterns and are now consolidating at these levels while seeking the next direction.

Bitcoin (BTC) dipped below the $100,000 level earlier today as its price continues to consolidate while facing resistance around the $101,000 mark. The price had risen to $101,267 early during trading but fell considerably to a low of $99,113 before marginally recovering to settle at its current level.

PEPE hit a new all-time high of $0.000027 on December 8, crossing the $11 billion market cap milestone for the first time. Analysts are now predicting the crypto will continue leading the memecoin market, staying ahead of popular coins DOGE, SHIB, UNI and LTC.

As Bitcoin (BTC) price registered a weekly close above $100,000 for the first time since its inception, the altcoin industry is gradually gaining bullish momentum. The total altcoin market cap has rallied more than 80 percent in the last five weeks to hover about $1.57 trillion on Monday, December 9, during the earlier Asian session.

The cryptocurrency market has been full of volatility in recent months, but some coins are beginning to show promising signs of recovery and growth. One such coin is Litecoin (LTC), which has recently shown bullish patterns against Bitcoin (BTC).

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PEPE, the frog-themed meme coin, has achieved a significant milestone by surpassing a $10 billion market cap for the first time. This surge came after PEPE's price spiked by 18% in the last 24 hours, briefly reaching a new all-time high.

XRP demonstrated impressive strength on Friday, even amid a sharp pullback following its recent rally to all-time highs, signaling robust market momentum.

BIT Mining, a global leader in cryptocurrency mining, has reinforced its commitment to mining Litecoin (LTC) and Dogecoin (DOGE) with an innovative strategy designed to optimize profitability. The company has increasingly turned to advanced hardware and market adaptability to maintain its competitive edge in the ever-evolving crypto mining landscape.

Bitcoin (BTC) retreated sharply from its all-time high of $103,604, dipping to a low of $94,035 before recovering to climb back above $$97,000 and to its current level. The drop came a day after BTC crossed the historic $100,000 mark, with its market capitalization also shrinking to $1.95 trillion.

American Bitcoin miner BIT Mining said that it is making more money mining Dogecoin and Litecoin than the biggest digital coin.

Litecoin price has gained more than 44 percent in the last week, and the strong momentum and fundamentals points to continuation.

BIT Mining attributed its widened profit margins from DOGE and LTC to specialized LD3 mining machines it acquired from Bee Computing in 2021.

BIT Mining remains a leading player in Litecoin and Dogecoin mining, reporting significant hash rate contributions and profitability driven by LD3 miners. The company highlights its strategy to adapt to market trends and optimize mining hardware for consistent returns in altcoin mining. The post BIT Mining Continues Focus on Litecoin and Dogecoin Mining appeared first on Cryptonews.

Litecoin price has been gaining substantial attention in the cryptocurrency market as analysts anticipate a potential altcoin rally. Over the past month, LTC has seen a remarkable surge of 31%, fueling optimism among traders.

80% of Litecoin investors are now in profit. Will this trigger a sell-off?

Litecoin has jumped by 10% in the past 24 hours, with the coin's neglect in previous months setting it up for big gains next year. The post Litecoin Surges to Two-Year High – How Quickly Can LTC Hit $1,000? appeared first on Cryptonews.

Last week, large crypto investors, known as whales, were very active in buying three main altcoins: Dogecoin (DOGE), Litecoin (LTC), and Ripple (XRP). Dogecoin (DOGE) Whales bought about $636 million worth of DOGE, causing its price to skyrocket by 85%.

Litecoin (LTC) has been making waves in the cryptocurrency market recently, with its price surging 21% to reach $122.63, marking a significant breakthrough. This surge comes as Litecoin broke through an 18-month resistance level at $115, attracting the attention of analysts and traders alike.