Following the filing of the spot Litecoin Exchange Traded Fund (ETF) in the United States, social engagement around Litecoin (LTC) has skyrocketed. Amid this attention from the crypto community, the LTC price has experienced an impressive price surge and is now poised for another significant rally in the coming days.
On-chain data suggests developments in these two Litecoin indicators could explain why the cryptocurrency has seen its latest price surge.
The year 2024 will go down in history as the moment when Bitcoin and Ethereum exchange-traded funds (ETFs) finally launched, transforming the crypto landscape. Eleven Bitcoin spot ETFs were approved in January, a huge leap after years of futures-based products that started trading in 2021.
Litecoin (LTC) has seen a notable increase in price, rising by more than 14% over the past two weeks. As of Friday, October 18, Litecoin is trading at around $73.86 during the early Asian market session.
Following its price increase of more than 12% in the past week to roughly $71.50 on October 16, Litecoin (LTC) is attracting more and more interest. The action followed growing buzz about a planned Litecoin exchange-traded fund (ETF) proposal by Canary Capital Group.
The increased activity comes amidst Canary Capital's filing for a Litecoin ETF that aims to offer institutional and retail investors with direct exposure to the altcoin.
Since last weekend, crypto buyers have returned enthusiastically, delivering the Q4 momentum many had anticipated. With Bitcoin's October performance flipping to the green, the altcoin market is gathering sufficient strength to spark a high-momentum rally.
With the Bitcoin price crossing above the $68,000 mark, the close cousins of Bitcoin are making a bullish comeback. The Litecoin price has surpassed a critical $73 mark in the recent crypto rally. With the bullish trend gaining momentum, let's see the chances of the LTC price hitting the $100 psychological mark.
As the crypto market progresses towards Q4 of 2024, investors anxiously await the next big thing to unfold. Among the older reputed players like Litecoin (LTC) and Shiba Inu (SHIB), numerous challenges impede them.
Litecoin price rallied above $73 for the first time since July fueled by rising demand from institutional investors and retail traders.
After remaining dormant for the past few months, Litecoin (LTC), the third largest crypto asset that is secured through the legendary proof-of-work (PoW) consensus method, has signaled the onset of its bullish outlook. The mid-cap altcoin, with a fully diluted valuation of about $6.
Litecoin (LTC) navigates its price range, analysts are closely monitoring key levels that could indicate substantial upward movement. Currently trading between $60 and $74.9, LTC is demonstrating bullish momentum, and experts believe it may soon climb toward $82, contingent on overcoming certain critical resistance levels.
Litecoin (LTC) finds itself at a pivotal moment. With Bitcoin surging past $67,000, Litecoin is also gaining momentum, discussions about whether it can reach the significant $100 mark.
Crypto markets may be in the red this morning after posting a 2% fall in the last 24 hours, but Bitcoin Cash ($BCH) appears to be rallying, while several other key payment-focused altcoins remain profitable.
The start of the monthly trade has shattered the ‘Uptober' claim but the recent recovery revives the hopes of a bullish close. The Bitcoin price has increased its volatility after stepping into the second half of the month.
Canary Capital has filed the world's first Litecoin with the U.S. Securities and Exchange Commission (SEC).
Litecoin (LTC) is decentralized money, free from censorship and open to all. Send low-cost private, secure, borderless payments to anyone, anytime, anywhere.
Having celebrated its thirteenth birthday at the beginning of last week, Litecoin ($LTC) may now be in line for ETF treatment, according to a new filing by Canary Capital, a digital asset investment company from Valkyrie co-founder Steven McClurg.
A move above this key retracement level would be necessary to usher in a long-term uptrend.
Canary Capital lays out the key reasons why Litecoin has an edge over other altcoin peers as an ETF contender.
The investment management firm's filing sparks a price rally, but regulatory approval remains uncertain.
Bitcoin Cash also joined Litecoin as a top performer, gaining 2.8% since Tuesday.
Litecoin's (LTC) price has increased by 6.70% today and reclaimed the $70 level for the first time in nearly two months. This notable increase comes after investment firm Canary Capital disclosed that it is pursuing a Litecoin exchange-traded fund (ETF) with the SEC.
Canary Capital, an asset manager, revealed on Tuesday that it has filed an S-1 registration with the United States Securities and Exchange Commission (SEC) to launch a Litecoin exchange-traded fund (ETF). If approved, the ETF will give both retail and institutional investors broad direct exposure to Litecoin (LTC), the 21st largest cryptocurrency by market capitalization.
Asset manager Canary Capital has officially filed an S-1 registration form with the United States Securities and Exchange Commission (SEC), less than a week after applying for an XRP-based ETF. The plan is to launch a spot exchange-traded fund (ETF) that would directly hold Bitcoin offshoot Litecoin (LTC).
As Bitcoin surges past the $67,000 mark, Litecoin price gains momentum amid the broader market recovery. Adding a boost to the bullish sentiments, the recent move from the Canary Capital, filing an S-1 form for a Litecoin ETF with the U.S. Securities and Exchange Commission, increases the breakout rally possibility.
Canary Capital has recently filed with the SEC for a Litecoin-focused ETF, following up on its earlier application for an XRP ETF this month.
Canary Capital's spot Litecoin ETF application has sparked a price surge and bullish projections for LTC, with analysts speculating on potential gains similar to those seen with Bitcoin's ETF approval.
Litecoin surged to its two-month highs following the news of a spot Litecoin ETF filing with the U.S. Securities and Exchange Commission. Litecoin (LTC) rose 7.2% over the last day, exchanging hands at $71.52 on Wednesday, Oct.
Litecoin price experienced a huge boost on Oct. 15 after news of a spot Litecoin ETF application by Canary Capital hit the crypto space. LTC price exploded in one huge 8% 30-minute candle and is still in an uptrend.
Nashville-based investment firm Canary Capital filed for a Litecoin exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC). This comes on the heels of Canary and BitWise filing for an XRP ETF earlier this month.
Litecoin price is gaining pace above the $70.00 level against the US Dollar. LTC could continue to rise if it clears the $72.80 resistance zone.
Cryptocurrency Prices Today, October 16: The broader market's movement on Wednesday sparked mixed speculations globally. While Bitcoin (BTC) price topped the $67K level over the past day, top altcoins mainly illustrated a volatile movement.
Canary Capital has filed for a spot Litecoin ETF with U.S. regulators, aiming to hold LTC and track the CoinDesk Litecoin Price Index.
Litecoin (CRYPTO: LTC) topped the biggest gainers list Tuesday after digital asset trading and management firm Canary Capital filed for an exchange-traded fund (ETF) tracking the proof-of-work (PoW) cryptocurrency's price. What happened: The coin, created from the hard fork of Bitcoin (CRYPTO: BTC) in 2011, was up over 7% as of this writing, outperforming all the cryptocurrencies in the market, including Bitcoin itself.
Canary Capital's Litecoin ETF filing sparks temporary market excitement, but historical precedent and technical analysis suggest it may not lead to sustained LTC price growth.
Nashville-based asset manager Canary Capital filed an S-1 form for a Litecoin (LTC) exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC) on Oct. 15.
Investment management firm Canary Capital Group officially filed Form S-1 for the first-ever Litecoin exchange-traded fund (ETF) with the United States Securities and Exchange Commission on October 15. Canary Capital confirmed that the Canary LTC ETF will expose investors to LTC prices provided by the ETF while reducing its risks and operational costs.
Only days earlier, Canary filed to create an XRP ETF in what analysts dub a “call option” on the November US presidential elections.
Canary Capital has revealed plans to launch a litecoin-focused product just one week after filing for an ETF that would directly hold Ripple's XRP token.
After the filing of spot XRP ETF (Exchange Traded Fund) in the United States, Canary Capital Group has filed to launch a spot Litecoin ETF with the Securities and Exchange Commission (SEC). It appears that this one-month-old digital asset investment firm wants to become the leader in the world of Crypto ETF.
Canary Capital Group, a recently established digital asset investment firm led by former Valkyrie Funds co-founder Steven McClurg, has taken another step toward establishing itself as a leader in the spot crypto ETF market in the U.S. On 8 October 2024, the firm filed a Form S-1 registration statement with the U.S.
Cryptocurrency investment firm Canary Capital has filed to launch a Litecoin exchange-traded fund in the U.S.
Canary Capital has submitted a registration statement with the U.S. Securities and Exchange Commission (SEC) for its new exchange-traded product, the Canary Litecoin ETF. The ETF will provide investors with exposure to the value of litecoin (LTC), tracking the Coindesk Litecoin Price Index.
Bitcoin and Ethereum ETFs are now trading—will Litecoin and XRP be next? Canary Capital is betting on the next wave with its filings.
Canary Capital filed with the U.S. Securities and Exchange Commission to list an exchange-traded fund underpinned by the Bitcoin-inspired cryptocurrency, Litecoin.
In a notable development for the cryptocurrency market, asset management firm Canary Capital has officially filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) to launch the first spot Litecoin ETF in the country.