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Litecoin Sees Rise In Short-Term Holder Activity As Wrapped Litecoin Launches On Ethereum

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The balance held by short-term Litecoin (LTC) investors has increased significantly, rising 31% over the past month. These surges among short-term holders are not unusual, often appearing at market bottoms or before substantial price rallies. https://twitter.com/intotheblock/status/1856259138822574181?t=k-5Iox86Rgt1zhnc14pGtw&s=19 In a strategic move, Litecoin has partnered with Coinut to introduce Wrapped Litecoin (WLTC) on the Ethereum blockchain. This … Read more

Litecoin Sees Surge In High-Value Transactions, Rivaling Ethereum

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Litecoin ($LTC) is gaining momentum, with transactions exceeding $100,000 over the past seven days reaching an impressive $20.09 billion. This figure is nearly on par with Ethereum’s ($ETH) $22.83 billion, despite $ETH having a significantly larger market capitalization. #Litecoin is accelerating! Transactions greater than $100k over the past 7 days now stand at $20.09 billion! … Read more

Litecoin’s Decline: A Sign Of Capitulation Or A Turning Point?

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Litecoin ($LTC) has been on a volatile yet steady downward trajectory, mirroring the broader crypto market’s retracement. Notably, $LTC has historically moved counter to the market, but today’s decline suggests a shift in sentiment. $LTC is witnessing a significant decline in the number of small-balance holders, indicating that weak hands may be capitulating as the … Read more

Indian Authority Arrests Man in Crypto Extortion Case

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A Gujarat-based man, Shailesh Babulal Bhatt, was arrested under the anti-money laundering law in connection with kidnapping and extortion cases, including a significant cryptocurrency-related crime exceeding Rs 1,200 crore ($144 million), according to the Enforcement Directorate (ED). Bhatt was taken into custody following a money-laundering probe initiated by the ED based on FIRs filed by … Read more