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Showing posts with the label litecoin

Litecoin, XRP and Solana ETF Applications Have 95% Chance of Approval This Year: Bloomberg Analysts

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Litecoin (LTC), XRP and Solana (SOL) exchange-traded fund (ETF) applications all have overwhelming odds of approval this year, according to Bloomberg ETF analysts. James Seyffart and Eric Balchunas now say on the social media platform X that those three altcoins have a 95% chance of securing ETFs in 2025. They also give potential Dogecoin (DOGE), Cardano (ADA), Polkadot (DOT), Hedera (HBAR) and Avalanche (AVAX) ETFs a 90% chance of approval. A Sui (SUI) ETF application from the crypto asset manager Canary Capital has slightly lower odds, at 60%, and a Canary Tron (TRX) bid doesn’t have any chance in 2025, according to the analysts. Source: James Seyffart/X Seyffart also notes that Ethereum (ETH) staking ETFs are also “extremely likely” to be approved in 2025. Numerous other ETF applications have been filed for potential funds based on Axelar (AXL), BNB, Aptos (APT), Chainlink (LINK), Pudgy Penguins (PENGU), Official Trump (TRUMP), Melania (MEL...

Litecoin Hits $130 After 3 Years: What Will LTC Be Worth in 4 Years?

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After a three-year hiatus, Litecoin breached the $130 mark and hit a yearly high of $137 on Wednesday. It almost soared 100% in the last 30 days as the cryptocurrency market ignited a bull run. The rally made leading altcoins rise double-digits after mostly trading sideways for the last 10 months. Trump’s reclaiming the US presidency kick-started a rally, and an influx of new money and investments entered the markets. Also Read: Chainlink Doubles Investor’s Money: Should You Invest in LINK Now? Now that Litecoin has reached $130 after three years, what will its price be worth in the next four years in 2028? Is this the best time to invest in LTC, or should investors give it a pass? In this article, we will highlight how high Litecoin could reach in 2028. Also Read: MATIC: After Rising 150%, Can Polygon Double Your Money Again? Litecoin: What Will LTC Be Worth in 2028? Source: CMC markets Leading on-chain metrics and price prediction firm Gov Capital remains bullish on Litecoin und...

Cryptocurrency: Three Altcoins Set to Increase 10X Post-Bitcoin Halving 

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The Bitcoin halving is one of the most anticipated events of the year. With Bitcoin touching the ambitious milestone of $70K, the industry is encountering increased user momentum.  The event of Bitcoin halving is crucial in many ways. It is set to bolster the price of BTC in the long run while keeping its element of scarcity intact. However, the event of Bitcoin halving is also associated with a change in the natural crypto market, where the influx of funds towards other altcoins increases.  Keeping that aspect in mind, Here are our three most popular altcoin lists that may potentially double their prices post-Bitcoin halving.  Also Read: Cryptocurrency: 3 Meme Coins That Can Turn $1,000 Into $10,000 in April 2024 Three Crypto Coins That Can Increase 10x Post-Bitcoin Halving Image Source: WatcherGuru Cryptocurrency #1: Ethereum Historically, bitcoin-halving events have been known to bring considerable attention to other altcoins. While Bitcoin may notice ...

LTC gets green light on HashKey

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Cryptocurrency exchange HashKey announced the upcoming listing of Litecoin (LTC). On Jan. 10, HashKey Exchange announced the listing of LTC on a licensed virtual asset exchange in Hong Kong. Deposits and withdrawals are now available, with trading set to begin on Jan. 12 between the LTC/USD pair. LTC deposits and withdrawals are available through the Litecoin network, with trading open only to professional investors. In addition, the exchange is launching a “Learn How to Earn HSK” campaign to give away a reward pool of 5,000 HSK to qualified HashKey exchange customers. Rewards will be distributed on a first-come, first-serve basis to the first 250 customers who submit a quiz with correct answers. The LTC price showed virtually no reaction to the news. Over the past 24 hours, the coin has risen in price by 1.66%, according to CoinMarketCap data, to $67.25. At the same time, trading volume in the token has increased by 17.5% reaching $483 million. Source: CoinMarketCap Litecoin...

Will Litecoin Price Continue to Surge? On-chain Data Reveals Bullish Signal

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Can Litecoin Whales Hold The Bull Run? The “Supply Distribution,” which reveals how many addresses are a part of each wallet group on the Litecoin network, is the pertinent signal in this case. Each address is divided into various wallet groups based on the total number of coins it presently holds. The 100-1,000 coin cohort, for instance, consists of addresses or investors on the blockchain with a balance of at least 100 and no more than 1,000 LTC. advertisement According to Litecoin’s daily period chart, its value has increased dramatically over the past five days, rising by around 40%. This spike marked a crucial turning point because it was the highest ever observed in more than a year. Because Litecoin’s price action surged back up by around 28% on the same day, the volume rise was unmistakably optimistic. It’s interesting to note that the price reached a new 12-month high as a result of the recent bullish volume. Litecoin pr...

Price analysis 6/26: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC

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An onslaught of Bitcoin ETF applications could help BTC price find long-lasting support at the $30,000 level. The S&P 500 Index (SPX) snapped a five-week winning streak last week but it is still on track to close the first half of the year with stellar gains of nearly 13%. The tech-heavy Nasdaq Composite has done much better as it is up about 29%. Both these indices have been overtaken by Bitcoin (BTC) which has risen nearly 83% year-to-date. Bitcoin’s bullish price action and the recent rush by several firms to apply for a Bitcoin spot exchange-traded fund seem to have attracted institutional investors’ attention. Bloomberg senior ETF analyst Eric Balchunas highlighted on June 26 that the ProShares Bitcoin Strategy ETF (BITO) — a Bitcoin futures fund — witnessed its largest weekly inflow in a year. Daily cryptocurrency market performance. Source: Coin360 Another bullish view was that of LookIntoBitcoin founder Philip Swift who said in his latest research that Bitcoin’s RHODL rati...

Litecoin: Traders Should Not Bet Against LTC...Just Yet Litecoin: Traders Should Not Bet Against LTC...Just Yet

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It is surprising that Litecoin has flown under the radar over the past few months. According to Google Trends, Litecoin’s 90-day search volume is less than Bitcoin, Ethereum, XRP, and even Solana, for a matter of fact. The visual representation is illustrated below. Source: Google Trends Now, it is ‘surprising’ because, amongst all of those assets, Litecoin is the best-performing one at the moment. If each token’s last bottom is counted, LTC is up by 130%; it’s up over BTC’s 48%, ETH’s 78%, and XRP’s 39% rise. Solana’s case is invalid since it jumped from $10 to $23 this month after the FTX fiasco. Yet, going back to the trend chart, the importance of interest cannot be taken for granted. Litecoin is still possibly going to follow Bitcoin’s rally. However, betting a gains t the ‘silver BTC’ might not be the best strategy just yet. Litecoin 4-hour and 1-day chart In this analysis, we will be drawing refe...