Litecoin rebounds by 13%, fueled by whale activity and addresses in profits.

Polygon, one of the first layer-2 networks in the crypto industry, has lost market share as competition in the sector has risen. POL, its token, has also plunged by 43% from its December high, while its ranking in the crypto sector has deteriorated.

Polygon (POL), the Ethereum scaling solution, looks set for a price breakout given its technical indicators. Notably, Ali Martinez, in an X post, highlighted a critical signal that suggests POL could surge amid a broader crypto market boom.

Litecoin (LTC) miners have recently intensified their selling activity, responding to market volatility and adjusting their positions. Despite this increased selling pressure, on-chain data reveals a complex story, showing steady accumulation trends and suggesting that broader market sentiment might still be favorable for the cryptocurrency.

Litecoin's supply data highlighted strategic miner sell-offs amid positive accumulation trends.

Polygon (POL), a prominent Layer-2 scaling solution for Ethereum, has emerged as a key player in the evolving cryptocurrency landscape. Designed to address Ethereum's scalability issues, Polygon offers a faster and more cost-efficient alternative for users and developers alike.

The cryptocurrency market has seen renewed activity in the third week of January 2025, as global market capitalization increased by 2%. This uptick in market momentum has significant interest from large investors, commonly known as crypto whales, who have been accumulating select altcoins.

The market is mostly bearish on the last day of the week, according to CoinMarketCap.

Litecoin (LTC) has experienced an impressive 12% surge in price over the past 24 hours, making headlines in the cryptocurrency space. This rapid increase in value has been driven by the growing rumors surrounding the potential approval of a Litecoin exchange-traded fund (ETF).

A Bloomberg analyst predicted that a Litecoin exchange-traded fund might be the next crypto ETF to win approval from the SEC.

Litecoin (LTC) saw an impressive 21% surge, reaching a four-week high of $137.34, fueled by optimism surrounding the potential approval of a U.S.-listed spot exchange-traded fund (ETF) that directly tracks LTC's price. This price boost follows news of significant support for Litecoin from whales and sharks, who have collectively purchased around 250,000 LTC, valued at approximately $29 million, since early January.

The ongoing hype surrounding approvals for a Litecoin exchange-traded fund (ETF) has triggered an unusual boost for LTC. IntoTheBlock data shows approximately 80% of addresses in the Litecoin network are profitable, demonstrating the bullish momentum.

Mukesh Ambani, the richest man in Asia with an estimated fortune of over 100 billion dollars, has just taken a major step in the world of crypto. His conglomerate Jio Platforms, a telecommunications leader in India with over 450 million users, is launching JioCoin on the Polygon network.

Crypto investors could be forgiven for thinking this week took place in 2024. That was a year full of rallies for all manner of coins and tokens, after all.

Litecoin (LTC) price has surged more than 12% in the last 24 hours as Nasdaq filed an application to list Canary Capital's Litecoin ETF. This rally has been fueled by bullish technical signals, including a golden cross formation and a significant rise in buying pressure, as reflected in key momentum indicators.

Nasdaq filed a 19b-4 and an amended S-1 form on Wednesday on behalf of Canary Capital seeking approval from the SEC to launch the Canary Litecoin exchange-traded fund (ETF).

After a prolonged period of consolidation, cryptocurrency activity has picked up this week, with global crypto market capitalization rising by 2% during that period.

Mukesh Ambani-led Reliance Jio, India's dominant telecommunications company, has launched the digital token Jiocoin as part of its blockchain-powered rewards program for its 450 million user base. The new coin has been integrated into Jio's proprietary JioSphere browser, which allows users to earn the tokens while browsing.

Litecoin (CRYPTO: LTC) is spiking on Friday, following news that a spot Litecoin ETF may be next in line for approval by the SEC. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Litecoin (CRYPTO: LTC) $136.32 $10.3 billion +8% +30.4% XRP (CRYPTO: XRP) $3.24 $186.6 billion -3.1% +41.8% Ethereum (CRYPTO: ETH) $3,442 $414.8 billion +2.7% +6.2% Trader Notes: Crypto trader Scient predicts Litecoin could experience a "more hated rally than Ethereum and XRP," suggesting strong price momentum ahead.

Litecoin (LTC) could become the next spot crypto exchange-traded fund (ETF) to be launched in the United States after Nasdaq submitted a 19b-4 filing with the US Securities and Exchange Commission (SEC) to list Canary's Litecoin ETF. This development has stirred gains for LTC, which is up by 32% in seven days.

On the verge of a parabolic rise, Litecoin price is preparing for a breakout run as the crypto market gains bullish momentum. Amid this recovery run, will LTC price reach $200?

This partnership aims to revolutionize digital experiences for Jio's massive user base of over 450 million people. Jio Platforms, a subsidiary of Reliance Industries—led by billionaire Mukesh Ambani—announced its Web3 and blockchain initiative on Thursday.

Jio Platforms has introduced a new reward token called JioCoin on the Polygon blockchain network.

The Nasdaq recently filed an application with the Securities and Exchange Commission (SEC) to list the Canary Capital Litecoin ETF. This initiative marks a significant step in the expansion of ETFs beyond Bitcoin and Ethereum.

Despite the excitement, JioCoin has drawn criticism regarding its transparency and functionality.

Litecoin rocketed by double-digits today to hit a four-week high of $129.45, as optimism grows around the potential approval of a U.S.-listed spot exchange-traded fund (ETF) that tracks the LTC price directly ahead of what is viewed as a crypto-friendly Trump administration.

JiCoin's are currently not redeemable or transferable.

Despite Bitcoin experiencing a bullish rally, the prime altcoin, Ethereum (ETH), has lagged in relative terms. Ethereum has found the $3,800 price level, a critical resistance it has not breached in the past 30 days.

This move brings Litecoin closer to the spotlight. It follows the growing trend of digital assets making their way into traditional financial markets.

The crypto market's bullish sentiment is fueling significant rallies among altcoins, with many achieving new highs and capturing investors' interest. However, a select few tokens stand out for unique reasons beyond just price gains.

JioCoin, a reward-based token, has been introduced by Jio Platforms, owned by Indian business leader Mukesh Ambani. The development has triggered serious discussions among Indian cryptocurrency enthusiasts. Many think that Jio's crypto will redefine the Indian crypto environment.

Litecoin's price jumped 19% as large investors accumulated $30 million worth of tokens, while Nasdaq's filing for a potential Litecoin ETF could attract up to $580 million in first-year inflows if approved.

If the US SEC approves a spot Litecoin ETF, the move signals a potential expansion of the crypto ETF landscape beyond Bitcoin and Ethereum. The post Litecoin Positioned to Become Third US Spot Crypto ETF: Report appeared first on Cryptonews.

Jio launches JioCoin on the Polygon network, sparking community speculation about its use cases.

Litecoin ($LTC) has caught the market's attention with a double-digit price jump, climbing 15.1% in the last 24 hours to hit $118—a level not seen in four weeks. This dramatic rise follows growing speculation about the approval of a Litecoin-based exchange-traded fund (ETF), drives by a regulatory filing update from Canary Capital.

Litecoin (LTC) has seen a strong surge in price, jumping 18% in the past 24 hours to $120.56, fueled by growing speculation that the cryptocurrency could soon receive regulatory approval.

Litecoin (LTC) is emerging as a strong contender to follow Bitcoin and Ethereum as the third cryptocurrency to have a U.S. spot exchange-traded fund (ETF). On January 16, CoinDesk reported growing optimism about Litecoin ETF approval.

Nasdaq has filed with the SEC to seek approval for Canary Litecoin ETF, with Bancorp Fund Services and Coinbase Custody Trust involved in managing the fund.

Litecoin has observed a sharp increase of over 19% in the past day. Here's what on-chain data says could be behind the rally.

Litecoin (LTC) is emerging as a strong contender to be the next cryptocurrency to receive an ETF approval in the United States, according to Eric Balchunas, a Senior Bloomberg ETF analyst. Following the SEC's approval of Bitcoin (BTC) and Ethereum (ETH) ETFs in 2024, many have speculated which crypto asset would be next in line for the coveted exchange-traded fund status.

A closely followed crypto analyst says that one top-10 altcoin is forming one of the most bullish digital asset market structures around. In a new strategy session, crypto trader Ali Martinez tells his 108,000 followers on the social media platform X that payments altcoin XRP is forming a bull pennant pattern.

As rumors of the possible approval of Litecoin ETF widely spread, LTC price jumped by 18% over 24 hours to $118. Launched as an alternative for Bitcoin in 2011, the cryptocurrency draws much interest among analysts and investors alike.

The Nasdaq filed form 19b-4 to begin trading a Litecoin ETF from Canary Capital today. This comes only a few hours after Canary amended its form S-1, suggesting productive SEC feedback.

The cryptocurrency market is buzzing with anticipation as experts predict that Litecoin (LTC) could soon join Bitcoin (BTC) in the ranks of digital assets with a spot Exchange-Traded Fund (ETF) in the United States. This potential milestone has drives considerable excitement in the crypto community, particularly as the approval of a Litecoin ETF could pave the way for further institutional adoption and mainstream recognition of digital currencies.

Litecoin is lighting up as Canary Capital reportedly engages with the SEC to launch a Litecoin ETF, according to Bloomberg. CoinDesk's Christine Lee presents the "Chart of the Day.

At the moment, Canary Capital appears best-positioned to be the initial issuer of the new vehicle.

Nasdaq filed a 19b-4 Form on Jan.16 to list and trade the spot Litecoin (LTC) exchange-traded fund (ETF) registered by Canary Capital. Bloomberg senior ETF analyst Eric Balchunas sees this as the first altcoin-related ETF approval in 2025.

The potential approval of a Litecoin ETF could pave the way for broader acceptance and integration of cryptocurrencies in traditional finance. The post Litecoin seen as commodity, Litecoin ETF likely first to debut under Trump: Bloomberg analyst appeared first on Crypto Briefing.