Why Utility Cryptos Were Triumphant This Week

Bitcoin Cash (BCH) added nearly 35% to its value in the past month and rallied 12% on Thursday, November 21. Bitcoin's (BTC) observed a rally to $98,384 early on Thursday, with BCH and other top cryptocurrencies tagging along for the ride.

As Bitcoin momentarily approaches the $100k milestone, the Litecoin rally is heading to challenge the $100 mark. Crossing over the $90 mark, a post-retest reversal plans for a bull run ahead in the LTC price trend.

Assessing if LTC has enough firepower to break through its immediate resistance amid strong bullish sentiment in the market.

Story Highlights Litecoin price soared ~7% in 24 hours, reclaims the $90 mark. Technical indicators record a positive price action, highlighting further uptrend. Sustained bullish sentiment could push the altcoin to $100 this weekend. The Litecoin price has experienced a strong bullish recovery after recorded a bearish price action this week.

Litecoin (LTC) has just formed a golden cross on its daily charts, igniting fresh interest in the cryptocurrency community, given Bitcoin's rise to new all-time highs.

Litecoin maintains position above $80 support while facing multiple resistance levels up to $88, with technical indicators suggesting a decisive move pending as price consolidates within this range.

Litecoin revealed in a lengthy X post that it had no affiliation with the recently launched memecoin on Solana's Pump.fun, Lester. Litecoin's post outlined how a group of individuals took the Litecoin mascot, Lester, created by X meme creator Greg, to popularize the memecoin.

Litecoin price is consolidating above the $80.00 level against the US Dollar. LTC could start a fresh increase if it clears the $88.00 resistance zone.

The cryptocurrency industry is bracing for a potential surge in exchange-traded funds (ETFs) after Donald Trump's election win, signaling what experts believe could be a transformative era for digital assets in the U.S. What Happened: Market participants are hopeful that a pro-crypto Trump administration will end regulatory gridlock and usher in broader approval for innovative crypto-based financial products, according to a Financial Times report. The Securities and Exchange Commission's (SEC) recent approval of spot Bitcoin and Ethereum ETFs marked a significant milestone after years of regulatory pushback.

LESTER was recently launched on the Pump.fun platform, following a humorous declaration by Litecoin.

Solana-based meme token Litecoin Mascot (LESTER) has seen its market cap surge to over $140 million within just 48 hours of its debut. The post Solana Meme Token Litecoin Mascot (LESTER) Hits $140M Market Cap in Two Days appeared first on Cryptonews.

Assessing if Litecoin buyers can provoke a breakout or if the altcoin will see a pullback from its recent pattern.

The rapid rise of meme coins like LESTER highlights the volatile influence of social media on cryptocurrency markets and investor behavior. The post Solana meme coin Litecoin Mascot soars to $120 million market cap in less than 48 hours of launch appeared first on Crypto Briefing.

Litecoin's self-declared transition to memecoin status on November 14, 2024, triggered a 15% price rally to $82.25 and sparked increased trading activity, mining operations, and community engagement.

Litecoin is embracing its inner meme coin amidst a double-digit run, and it's all thanks to Dogecoin.

Hedera and Ripple were also top performers, each gaining 6%.

Historically, a surge in short-term holdings as this holds great significance in that it usually marks a turning point in the market.

Interesting and unexpected narratives continue to rule the crypto market and influence asset prices on it when, amid a new wave of meme mania, market old-timer Litecoin (LTC) announced that it too is identifying itself as a meme cryptocurrency given current market conditions.

Litecoin is a well-established, but neglected coin, which is yet to recover its all-time high from 2021.

Litecoin just jumped into the meme coin craze with a funny tweet, sparking a quick 15% surge in its price!

As Bitcoin momentarily reached a new all-time high above the $93,000 mark, the Litecoin rally is beginning to shape up. Crossing over the $80 mark, a Morningstar patent teases a bull run ahead for Litecoin.

Litecoin's price surged 15% to $82.25 after a strategic social media post identifying as a memecoin, driving a 33% increase in trading volume and sparking widespread community engagement

Litecoin is likely showing interest in joining the meme coin sector following the recent market frenzy, as per a post that says “I now identify as a memecoin” due to current market condition. Dogecoin reacted and welcomed the move and asked fans to suggest a mascot.

Litecoin (LTC) is showing promising signs of a major price move, as recent data indicates a surge in demand and liquidity. After months of consolidation, Litecoin has seen renewed interest, with spot inflows reaching levels not seen since 2021.

TL;DR Litecoin has launched Wrapped Litecoin (WLTC) on the Ethereum network, enhancing interoperability and providing users access to Ethereum's DeFi applications. WLTC allows Litecoin holders to participate in staking, lending, borrowing, and yield farming, previously inaccessible on the Litecoin blockchain.

Litecoin, known as Bitcoin's silver, drops below $74 amid market pressure. Can it bounce back, or is further downside ahead?

Litecoin experiences surge in spot inflows and trading activity, leading to increased volatility and substantial liquidations across exchanges.

Litecoin price has pulled back significantly, dropping from $81.17 on November 12 to around $73.10, marking a notable decline of 7.6%.

Litecoin is partnering with Coinut, a Singaporean crypto exchange, to offer Wrapped Litecoin (WLTC) tokens on Ethereum. These tokens will increase interoperability between the two protocols with access to new features.

Litecoin spot and derivative soar as interest in the cryptocurrency peaks but this may have led to a surge in liquidations.

Litecoin price rose to $82.69 on Tuesday, November 12 as the rally in the crypto industry continued. It then pulled back and was trading at $76 at press time as the recent surge took a breather.

The Litecoin network has grown to over 7.7 million on-chain holders, as institutional investors seek to have an ETF approved in the U.S. soon.

After establishing a robust macro support level above $59 since August 2023, Litecoin's (LTC) price has signaled an imminent bullish breakout in the near term. The mid-cap altcoin, with a fully diluted valuation (FDV) of about $6.4 billion, registered a 107 percent spike in its daily average traded volume to hover around $1.

Bitcoin Cash (BCH) developers and community members have been actively voicing their support for two Cash Improvement Proposals (CHIPs) ahead of a November 15 lock-in deadline.

TL;DR Bitcoin Cash (BCH) is a decentralized cryptocurrency that emerged from a hard fork of Bitcoin in 2017, aiming to facilitate quicker transactions and reduce fees by utilizing larger block sizes. Predictions for BCH's future price trends vary widely, with forecasts for 2024 suggesting a trading range between $333.01 and $474.

Following Donald Trump's victory in Tuesday's election, members of the crypto community are celebrating a renewed sense of hope for their ETF ambitions. The change in political leadership is seen as a potential turning point for the approval of cryptocurrency ETFs focused on altcoins such as Solana, XRP and Litecoin.

TL;DR Donald Trump's victory in the 2024 election improves the outlook for altcoin ETFs such as Solana, XRP and Litecoin. Trump has expressed support for cryptocurrencies, which has generated optimism on Wall Street that the SEC will approve these funds. Bitcoin price hit a record high following Trump's victory, supported by the president-elect's pro-crypto enthusiasm.

LTC price rose by 1.5% on November 5, reaching an intraday high of $67.20. Litecoin remains in a correction after falling by 12% from its highest level in October.

The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs.

The volatility across the cryptocurrency landscape has skyrocketed ahead of the U.S. election. Amid this, Litecoin (LTC) has reached a make-or-break level that could potentially lead to the liquidation of millions of dollars in traders' positions.

Latest updates on the coins BCH, SOL and .

Bitcoin's volatility is expected to pick up after the US elections, and charts suggest that ETH, DOGE, LTC and XMR could be the first to follow.

Bitcoin Cash (BCH) is capturing the attention of investors and analysts alike. After experiencing a slight drop recently, BCH remains on a bullish trajectory, with several indicators suggesting that a rally past the $400 mark could be on the horizon.

Canary Capital, an Australian asset management firm, has officially filed with the US Securities and Exchange Commission (SEC) for a spot Solana ETF (exchange-traded fund). This filing, announced on October 30, follows similar ETF applications by the firm for other cryptocurrencies.

Litecoin (LTC) is currently at a pivotal point in its trading journey, drawing significant attention from both buyers and sellers. As of October 29, 2024, the altcoin was trading at approximately $69.98, reflecting a slight decline of around 1% in the past 24 hours.

Derivatives market data and whale activity suggests that BCH's rally could regain momentum.

Bitcoin Cash (BCH) is making waves in the cryptocurrency market as it approaches a critical descending trendline, hinting at a potential price rally. Recent technical and on-chain indicators provide a bullish outlook for BCH, suggesting that traders should keep a close eye on upcoming price movements.