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Litecoin Price Prediction: LTC Pumps 17% As Canary Capital Files Updated S-1 for Litecoin ETF Approval, And This Might Be the Next Crypto to Explode

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The Litecoin price jumped 17% in the last 24 hours to trade at $120.33 as of 02:19 a.m. EST on trading volume that skyrocketed 298% to $1.6 billion.   This comes as Canary Capital submitted an amended S-1 filing for the Litecoin ETF (exchange-traded fund). The move could make Litecoin the next cryptocurrency to get the green light in the U.S for a crypto ETF, after Bitcoin and Ethereum. The filing by Canary Capital is also seen as evidence that the SEC is considering the approval of Litecoin ETFs. We had heard chatter that the Litecoin S-1 had gotten comments back from SEC. This looks to confirm that which bodes well for our prediction that Litecoin is most likely to be the next coin approved. All that said, new SEC chair has yet to start and that's a huge variable. https://t.co/cKFswPwcr0 — Eric Balchunas (@EricBalchunas) January 15, 2025 Litecoin Price Trend On A Breakout The LTC price chart Analysis on the daily timeframe exhibits a mixed trend, with recent ...

Litecoin Transactions Surpass 180M in 2023 as Adoption Surges

The Litecoin blockchain has now facilitated over 180 million transactions in total, according to an announcement from the Litecoin Foundation this week. The milestone comes amid a surge in on-chain activity, with Litecoin already registering 51 million transactions in 2023 alone as of October. That figure for this year has already eclipsed the full-year record of 39 million transactions set in 2022. Also read: Sam Altman Talks About US Govt’s Crypto Clash on Joe Rogan The #Litecoin network just processed its 180 millionth transaction! Last year there were a record total of 39 million in the whole year. So far we've seen 51 million transactions in 2023 a new record! pic.twitter.com/BazObGlmPi — Litecoin Foundation ⚡️ (@LTCFoundation) October 9, 2023 Notable milestone show growing Litecoin adoption The accelerating transaction count underscores LTC ’s growing adoption and utility over a decade after its launch. As one of the longest-runni...

DigiToads features helped litecoin, XRP, and bitcoin cash survive multiple bear runs

Litecoin (LTC), Ripple (XRP), and Bitcoin Cash (BCH) are established cryptocurrencies that were also not immune to challenging market conditions marked by extended price dumps and slumping interest in the recent past. However, DigiToads, a new crypto project, plans to roll out distinctive features that leave an impression on the broader industry. DigiToads investors can benefit by holding TOADS, its native token. The platform will introduce a non-fungible token (NFT) marketplace for collectors to buy popular NFTs.  You might also like: Bitcoin stalls as meme coins, Dogecoin, and DigiToads presale shine Additionally, it organizes trading contests, one of the multiple reasons investors are flocking and banking on the platform’s diverse ecosystem. Supporters argue that these features have given TOADS an advantage, indirectly supporting LTC, XRP, and BCH. Specifically, the state of TOADS’ price action has helped these mainstream coins partly navigate through bear c...

Price analysis 4/21: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC

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Bitcoin and select altcoins have fallen below their respective support levels, a worrying sign that the bulls could be losing their grip. Bitcoin (BTC) and most major cryptocurrencies have pulled back from their recent local highs, signaling profit booking by traders. Is the current pullback a buying opportunity or has the trend turned lower? This is likely to be the question in every trader’s mind. Bollinger Bands creator John Bollinger said in a recent tweet that Bitcoin had turned down from the upper Bollinger Band and reached the middle bank, near its breakout level. He said it was a “logical place” and advised traders to “pay attention.” Daily cryptocurrency market performance. Source: Coin360 The correction could worry short-term crypto traders but for the long-term investors, who believe that a bottom is in, this could prove to be an opportunity to build their portfolio with cryptocurrencies of their choice. It is generally a good strategy to avoid buying on the way down and w...