Barely a week after hinting at launching an algorithmic USD stablecoin, Sonic Labs is shuttering its plans. Sonic Labs co-founder Andre Cronje revealed that incoming stablecoin regulation in the US contributes to the change of stance.

Numerous crypto whales watch Litecoin (LTC) intently, with large accumulation patterns identified within the on-chain data. Recently, blockchain data showed a staggering 24-hour volume of transactions of 115.18M LTC with a total of 365,086 active addresses, and overall activity was high too.

Sonic's recent network upgrade and strong market sentiment could lead to a potential rally despite recent losses.

A popular crypto strategist is leaning bullish on one Ethereum (ETH) rival, suggesting the altcoin has reached a market bottom. Pseudonymous trader Altcoin Sherpa tells his 242,800 followers on the social media platform X that Sonic (S) may be on the verge of breaking out after bouncing off of the 25-day Exponential Moving Average (EMA).

Litecoin (LTC) has witnessed a surge in on-chain activity, fueled by increased whale transactions. Data from IntoTheBlock shows a 4% spike in large transactionseach over $100,000in the past 24 hours.

As the crypto space evolves, utility-based projects like Coldware (COLD) are becoming the center of investor focus. Coldware (COLD) is not a meme coin; it is a comprehensive Layer-1 blockchain ecosystem designed to power the next generation of decentralized finance (DeFi), micro transactions, and IoT connectivity. Through its PayFi infrastructure and Freeze.

Litecoin (LTC) has registered increased on-chain activity in the last 24 hours. Notably, IntoTheBlock data show that large transactions involving over $100,000 in LTC have surged as whales engage in trading activities on the crypto market.

Bitcoin price has failed to break the crucial resistance point at $90,000 this week. It has formed numerous risky patterns, pointing to a potential crash potentially below $80,000.

Crypto payment gateway Alchemy Pay is teaming up with Sonic Labs to enable fiat on-ramps for Sonic's native token S. Alchemy Pay (ACH) and Sonic Labs announced their strategic partnership via a press release published on Wednesday, March 26. In the announcement, the companies said they were joining forces to support S token's global adoption.

Yearn Finance founder Andre Cronje teased an algorithmic stablecoin product, much to the chagrin of some users due to UST's 2022 collapse.

Sonic's on-chain activity and its DeFi ecosystem have seen unprecedented growth since the upgrade.

Litecoin is now available in Wallet in Telegram, the crypto wallet that lets users buy, sell, and transfer crypto on Telegram.

It is no secret that Litecoin (LTC) has been struggling lately, and the signals on the charts are not looking much better. A number of key indicators suggest that the price of LTC might be on the brink of a big drop, and one in particular stands out: the approaching death cross.

Litecoin [LTC] boasts the highest percentage of long-term holders in the market.

Litecoin price has crashed into a bear market this year, and technicals suggest that it has more downside to go even as whale activity increases. Litecoin (LTC) was trading at $93.

A chart shared by on-chain data aggregator IntoTheBlock has revealed that the “digital silver” coin, LTC, which was created two years after Bitcoin, in 2011, is still popular with long-term investors.

The crypto market dipped back into bearish territory as prominent cryptocurrencies, including Bitcoin (BTC), registered notable declines. BTC reached a high of $86,444 as markets rallied.

Sonic's S has emerged as the market's top performer in the past 24 hours, surging by 6% as bullish momentum builds.

Sonic could rally nearly 30% from its current price, driven by the launch of its virtual payments card and its expansion in DeFi through new partnerships.

Litecoin (LTC) could continue its descent toward the projected $70 target, claimed analyst Ali Martinez.

An analyst has pointed out how Litecoin has slipped under a parallel channel recently and could be set to see a move to this price level. Litecoin Has Broken Under Parallel Channel Support In a new post on X, analyst Ali Martinez has discussed about a parallel channel for Litecoin.

Cryptocurrency prices resumed their downward trend on Tuesday as market participants awaited the second Federal Reserve interest rate decision of the year. Pi Network (PI), the viral tap-to-earn token, was one of the worst performers, dropping by almost 13%.

Hashdex proposes adding Litecoin to its Nasdaq Crypto Index US ETF, aiming to diversify holdings and broaden institutional exposure to cryptocurrencies within a regulated framework. Approval would enhance integration of crypto with traditional finance. The post Hashdex Seeks SEC Approval to Add Litecoin to Crypto Index ETF appeared first on Cryptonews.

The proposed amendment would include various cryptocurrencies in the in the Hashdex Nasdaq Crypto Index US ETF.

Asset management firm Hashdex has filed an amendment with the U.S. Securities and Exchange Commission to include Litecoin in its Hashdex Nasdaq Crypto Index US ETF.

Hashdex amendment for Litecoin ETF inclusion reported.

LTC could regain lost momentum by forming higher highs.

The total cryptocurrency market cap has lost more than $1 trillion in the past three months, causing intensified panic selling.

The crypto market remained flat for most of the day after a brief rally following better-than-expected inflation data quickly lost steam. Bitcoin (BTC) briefly rose above the $84,000 mark after the US CPI Report but fell flat later in the day, dropping below $84,000.

A fresh wave of postponements has swept across the crypto market, as the US Securities and Exchange Commission has delayed decisions on a set of proposed spot exchange-traded funds (ETFs) for XRP, Dogecoin, Solana, and Litecoin.

The US Securities and Exchange Commission (SEC) has pushed back its decision on multiple cryptocurrency exchange-traded fund (ETF) proposals, delaying potential approvals for products tied to XRP XRP, Solana SOL, Dogecoin DOGE, and Litecoin LTC.

Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.

The US Securities and Exchange Commission has delayed its decision to approve several XRP, Solana, Litecoin and Dogecoin exchange-traded funds.In a slew of filings on March 11, the agency said it has “designated a longer period” to decide on the proposed rule changes that would allow the ETFs to proceed. Among the affected ETFs are Grayscale's XRP (XRP) and Cboe BZX Exchange's spot Solana (SOL) ETF filings, with the decisions on them pushed until May.

The SEC has delayed its decision on crypto spot ETFs, pushing back approvals for VanEck Spot Solana ETF, Canary Spot Litecoin ETF, Canary Spot Solana ETF, Canary Spot XRP ETF, Grayscale Spot XRP ETF, and Grayscale Spot Dogecoin ETF, according to court filings on Tuesday.

Litecoin (LTC) saw a sharp decline on Monday, dropping 11.05% to $86.51 by 15:00 (19:00 GMT) on the Investing.com Index. This marked its steepest one-day percentage loss since March 3, pushing its market cap down to $6.70 billion, accounting for 0.26% of the total crypto market.

The $4 million OI increase and uptick in spot demand could see Sonic make a short-term price bounce toward $0.5.

The establishment of a Strategic Bitcoin (CRYPTO: BTC) Reserve and a Digital Asset Stockpile in the U.S. represents a new paradigm in the evolution of cryptocurrencies and one that could influence monetary policy in countries around the world. While Bitcoin will have its own reserve, the Digital Asset Stockpile is expected to have Ethereum (CRYPTO: ETH), XRP (CRYPTO: XRP), Cardano (CRYPTO: ADA), and Solana (CRYPTO: SOL), according to Trump's earlier announcement.

A closely followed crypto strategist believes that the payments-focused token Litecoin (LTC) is in a position to spark a strong upside burst. Analyst Ali Martinez tells his 130,600 followers on the social media platform X that Litecoin appears to be trading in a wide range between $135 and $98.

XRP price has pulled back in the past few days, and is at risk of further downside after forming a head and shoulders pattern on the daily chart. Ripple was trading at $2.3515 on Saturday, down by over 30% from its highest level this year.

On-chain data shows the Litecoin whales have participated in a significant amount of buying recently, a sign that could be bullish for LTC's price.

Sonic's near term price action could get worse and worse.

Litecoin (LTC) has shown resilience amid market uncertainty and selling pressure, holding its ground despite the broader downtrend in cryptocurrencies. After retracing from $130 to the $100 mark, LTC has successfully held this crucial support, signaling that bulls are still active in defending key levels.

Litecoin's bullish momentum has cooled off, with the price sliding back to $97.8 after struggling to sustain its recent uptrend. The pullback comes amid increasing selling pressure, raising concerns about whether this is a temporary correction or the start of a deeper decline.

Litecoin (LTC) and Dogecoin (DOGE) have managed to stay above key support levels in the past couple of days despite the market's volatility, while Tron (TRX) is tagging a key resistance level as positive momentum picks up steam.

Litecoin (LTC) was one of the few altcoins that exhibited price dominance against BTC and outperformance against major crypto assets, LTC price dropped as low as $95, reflecting a 15% drop in a week. Despite the drop, crypto analyst Ali Martinez suggests that (the MVRV) ratio hints toward a bullish recovery.

Traders say the potential for a spot LTC ETF makes Litecoin dips under $100 a buying opportunity.

The crypto market is mainly green today, according to CoinStats.

The cryptocurrency world has seen massive growth in the past few years, with established players like Litecoin (LTC) consistently holding strong positions in the market. However, newer projects like Coldware (COLD) are starting to turn heads, and industry experts predict that Coldware is on track to surpass Litecoin's 18th CoinMarketCap ranking before 2026.