Litecoin Price Faces Key Accumulation Zone, With Traders Watching $98 Level for Potential Rally

Litecoin (LTC) presently trades in a critical price range that could set its next big move in the market. The cryptocurrency’s ongoing volatility has its price hovering around a strong accumulation zone. Between $89 and $108, a significant portion of the token’s total supply—approximately 23.4%—has been acquired. So this range has become a key focal … Read more

Litecoin Sees Surge in Value Amid ETF Rumors, Signaling Growing Investor Interest

Although Litecoin (LTC) has frequently been eclipsed by other cryptocurrencies like XRP, Solana, Chainlink, and Cardano when it comes to the amount of social media buzz and popular attention, the digital asset has been enjoying something of a quiet renaissance lately, with its price rising sharply in the past couple of weeks. From February 2 … Read more

Litecoin Outshines the Market: A Strong 24-Hour Performance Amid Broader Crypto Decline

In a generally turbulent 24 hours for the cryptocurrency market, Litecoin ($LTC) is one of the very few assets that is not in the red and is instead outperforming many of the top cryptocurrencies, including Bitcoin ($BTC) and Ethereum ($ETH). Remarkably, Litecoin has increased in value by 9% over this period, leading traders and investors … Read more

Litecoin Gains Momentum with ETF Filings, Growing Privacy Options, and Hashrate Surge

In the past year, a number of major developments have occurred with Litecoin (LTC) that have served to reaffirm its place as a significant player in the cryptocurrency market. Developments included: 1. A steady accumulation of institutional interest. 2. Major advancements in privacy features. 3. A huge uptick in network activity. Put together, these developments … Read more

Litecoin ETF Filings Spark Excitement Amid Bearish Market Signals

The crypto market is a buzz with the recent efforts of large financial institutions, like Grayscale and CoinShares, to introduce a Litecoin ($LTC) spot exchange-traded fund (ETF). These moves could mean the push to place Litecoin alongside more traditional investment vehicles is picking up steam. Nevertheless, despite all this ETF optimism, the altcoin’s price remains … Read more

Litecoin Sees Significant Growth In Network Activity In 2024

Litecoin experienced a surge in network activity in 2024, with average daily active addresses climbing to 401,000, up from 366,000 in the previous year. This steady growth underscores Litecoin’s increasing utility and adoption across its user base. Milestones in Network Activity The peak of Litecoin’s activity was recorded in early January 2024, with a remarkable … Read more

Litecoin Breaks Weekly Resistance, Targets $150 Amid Bullish Momentum

Litecoin ($LTC) has surged past its weekly resistance level as predicted, setting its sights on a target of $150. The cryptocurrency’s market cap has seen a $1 billion increase, climbing 15% to reach $119.64 billion. This breakout has significantly benefited Litecoin holders, with nearly 80% now in profit—the highest percentage since November 2021, when $LTC … Read more

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

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