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Litecoin price rallied above $73 for the first time since July fueled by rising demand from institutional investors and retail traders.
After remaining dormant for the past few months, Litecoin (LTC), the third largest crypto asset that is secured through the legendary proof-of-work (PoW) consensus method, has signaled the onset of its bullish outlook. The mid-cap altcoin, with a fully diluted valuation of about $6.
Litecoin (LTC) navigates its price range, analysts are closely monitoring key levels that could indicate substantial upward movement. Currently trading between $60 and $74.9, LTC is demonstrating bullish momentum, and experts believe it may soon climb toward $82, contingent on overcoming certain critical resistance levels.
Litecoin (LTC) finds itself at a pivotal moment. With Bitcoin surging past $67,000, Litecoin is also gaining momentum, discussions about whether it can reach the significant $100 mark.
Crypto markets may be in the red this morning after posting a 2% fall in the last 24 hours, but Bitcoin Cash ($BCH) appears to be rallying, while several other key payment-focused altcoins remain profitable.
The start of the monthly trade has shattered the ‘Uptober' claim but the recent recovery revives the hopes of a bullish close. The Bitcoin price has increased its volatility after stepping into the second half of the month.
Canary Capital has filed the world's first Litecoin with the U.S. Securities and Exchange Commission (SEC).
Litecoin (LTC) is decentralized money, free from censorship and open to all. Send low-cost private, secure, borderless payments to anyone, anytime, anywhere.
Having celebrated its thirteenth birthday at the beginning of last week, Litecoin ($LTC) may now be in line for ETF treatment, according to a new filing by Canary Capital, a digital asset investment company from Valkyrie co-founder Steven McClurg.
A move above this key retracement level would be necessary to usher in a long-term uptrend.
Canary Capital lays out the key reasons why Litecoin has an edge over other altcoin peers as an ETF contender.
The investment management firm's filing sparks a price rally, but regulatory approval remains uncertain.
Bitcoin Cash also joined Litecoin as a top performer, gaining 2.8% since Tuesday.
Litecoin's (LTC) price has increased by 6.70% today and reclaimed the $70 level for the first time in nearly two months. This notable increase comes after investment firm Canary Capital disclosed that it is pursuing a Litecoin exchange-traded fund (ETF) with the SEC.
Canary Capital, an asset manager, revealed on Tuesday that it has filed an S-1 registration with the United States Securities and Exchange Commission (SEC) to launch a Litecoin exchange-traded fund (ETF). If approved, the ETF will give both retail and institutional investors broad direct exposure to Litecoin (LTC), the 21st largest cryptocurrency by market capitalization.
Asset manager Canary Capital has officially filed an S-1 registration form with the United States Securities and Exchange Commission (SEC), less than a week after applying for an XRP-based ETF. The plan is to launch a spot exchange-traded fund (ETF) that would directly hold Bitcoin offshoot Litecoin (LTC).
As Bitcoin surges past the $67,000 mark, Litecoin price gains momentum amid the broader market recovery. Adding a boost to the bullish sentiments, the recent move from the Canary Capital, filing an S-1 form for a Litecoin ETF with the U.S. Securities and Exchange Commission, increases the breakout rally possibility.
Canary Capital has recently filed with the SEC for a Litecoin-focused ETF, following up on its earlier application for an XRP ETF this month.
Canary Capital's spot Litecoin ETF application has sparked a price surge and bullish projections for LTC, with analysts speculating on potential gains similar to those seen with Bitcoin's ETF approval.
Litecoin surged to its two-month highs following the news of a spot Litecoin ETF filing with the U.S. Securities and Exchange Commission. Litecoin (LTC) rose 7.2% over the last day, exchanging hands at $71.52 on Wednesday, Oct.
Litecoin price experienced a huge boost on Oct. 15 after news of a spot Litecoin ETF application by Canary Capital hit the crypto space. LTC price exploded in one huge 8% 30-minute candle and is still in an uptrend.
Nashville-based investment firm Canary Capital filed for a Litecoin exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC). This comes on the heels of Canary and BitWise filing for an XRP ETF earlier this month.
Litecoin price is gaining pace above the $70.00 level against the US Dollar. LTC could continue to rise if it clears the $72.80 resistance zone.
Cryptocurrency Prices Today, October 16: The broader market's movement on Wednesday sparked mixed speculations globally. While Bitcoin (BTC) price topped the $67K level over the past day, top altcoins mainly illustrated a volatile movement.
