The crypto market registered a notable uptick on Monday, getting off to a strong start to the new week. Price action remained subdued last weekend as Bitcoin (BTC) and other cryptocurrencies traded sideways.
The crypto market has started the week on a bullish note, registering a jump of over 2% and rising to $2.75 trillion as cryptocurrency prices registered a sharp increase thanks to a perceived threat to the Federal Reserve's independence after President Trump's comments on Fed Chair Jerome Powell.
Sui (SUI) and Litecoin (LTC) have both delivered strong gains in the past 24 hours as the market kept pushing their prices to higher levels during the weekend.
The crypto market has shown consistent growth over the past few days, helping altcoins alongside Bitcoin to recover. However, relying solely on broader market cues or momentum will not sustain price growth.
The crypto market registered a substantial drop on Wednesday before recovering towards the end of the day after Federal Reserve Chair Jerome Powell flagged concerns about inflation and slowing growth due to tariffs. However, markets recovered as crypto remained strong in the face of adversity even though traditional stock markets took a beating.
Russia is all set to host the Global Blockchain Forum 2025 on April 23 & 24. With 15K+ attendees from over 100 countries, the forum will focus on topics like Web3, cryptocurrencies, investments, blockchain, trading, mining, and AI.
Litecoin is fighting to break free from a tough resistance zone. Will it finally rally above $78 or sink below $70?
The recent collapse of the Mantra (OM) token triggered comparisons to the infamous Terra ecosystem crash in May 2022, with some commentators referring to Mantra as the “next Terra.” Still, many in the community argue that the two projects share nothing in common besides visual similarities in price charts.
Litecoin has long been a familiar name among cryptocurrency enthusiasts, celebrated for its speed and lower transaction costs compared to Bitcoin. Recently, after weeks of turbulent price action, Litecoin has witnessed a modest recovery, posting an impressive 7.8% increase to reach approximately $78.
Yesterday, MANTRA (OM) suffered a staggering 90% crash, and it's still spiraling down today. Most notably, OM charts and indicators seem as bad as the 2022 Terra LUNA collapse, if not worse.
If you lost crypto due to the Terra collapse, there's still time to act. Terraform Labs has extended the deadline for victims to file their claims for crypto losses through its official portal.
TL;DR Cross-Chain Breakthrough: Injective's IBC Eureka bridges Bitcoin liquid staking tokens into Cosmos, creating new opportunities for seamless cross-chain interaction. Enhanced DeFi Opportunities: The upgrade enables rapid, secure transactions that empower advanced yield farming, lending, and staking options in the Cosmos ecosystem.
U.S. prosecutors confirmed that a recent Department of Justice (DOJ) memo narrowing crypto-related enforcement will not impact the criminal case against Do Kwon, co-founder and former CEO of Terraform Labs. During a Thursday hearing in the Southern District of New York, Judge Paul Engelmayer asked if Deputy Attorney General Todd Blanches internal memo would affect charges against Kwon.
This new development opens the door for seamless onboarding of Bitcoin Liquid Staking Tokens (BTC LSTs). For example, Lombard Finance's $LBTC, from Ethereum to Injective.
Prosecutors said they have no plans to alter the charges against Do Kwon despite a policy shift memo from deputy attorney general.
Prosecutors told a New York judge on Thursday that they don't plan to change the charges against Kwon in light of the memo.
Filecoin (FIL) was also among the top underperformers, declining 4.5% from Wednesday.
Litecoin (LTC) saw a significant price surge on Tuesday, climbing 12.76% to $71.94 by 02:03 ET (06:03 GMT), according to the Investing.com Index. This marks Litecoins biggest single-day gain since January 15, offering a momentary rebound despite a broader downtrend over the past week.
With just one day left, April 10 is shaping up to be a crucial date for Terra Classic (LUNC) and TerraClassicUSD (USTC) investors. This is when Terra co-founder Do Kwon will appear for a conference hearing that could influence the ongoing legal proceedings tied to the 2022 Terra crash.
Litecoin (LTC) was the top underperformer, declining 19.7% from Friday.
Litecoin (LTC) dropped 10.05% on Sunday, falling to $74.18 by 14:19 (18:19 GMT), marking its steepest one-day loss since April 6, according to Investing.com. This sharp decline reduced Litecoins market capitalization to $5.77 billion, now just 0.22% of the total crypto market value.
With the market falling fast due to global tariff wars, LTC is in freefall. Can it recover, or is this the start of something worse?
Despite a series of major initiatives in the first quarter of this year, Injective has seen its price continue to trend downward, now sitting in the deep oversold zone.
Pornhub, the popular adult entertainment website, has added Bitcoin and Litecoin to its payment options. The adult website has been already accepting the cryptocurrency verge (XVG) from 2018.
Fidelity has launched a no-fee crypto Individual Retirement Account (IRA) that allows U.S. adults to invest in Bitcoin, Ethereum, and Litecoin. The post Fidelity's New Crypto IRA Could Be Huge for Litecoin – Here's Why appeared first on Cryptonews.
Fidelity launches zero-fee crypto IRAs offering Bitcoin, Ethereum and Litecoin exposure through tax-advantaged retirement accounts for US investors.
Since the inauguration of the new president of the US, the markets have remained highly volatile. Moreover, the tariff war has caused more harm, which seems to have become more uncertain than before.
An important turning point in the world of finance and pensions comes from the United States: Fidelity Investments, the largest American provider of 401(k) retirement accounts, has announced the introduction of cryptocurrencies in individual retirement accounts (IRA). Investors can now include Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) in their retirement plans. A decision that opens up new scenarios for the integration of digital currencies into long-term savings. With the launch of the new service, Fidelity allows its clients to open a “crypto IRA“, a retirement account that permits the purchase and holding of cryptocurrencies. Already known to the retail public through Fidelity's trading crypto service, the three digital coins can now be an integral part of the retirement investment strategy.
Fidelity Investments is launching zero-fee retirement plans that will provide investors exposure to three major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). The product is available to US citizens over 18 who reside in states where Fidelity Digital Assets supports crypto individual retirement arrangements (IRAs).
Fidelity Investments has introduced an IRA that permits private investors to invest in cryptocurrencies under its web3-focused subsidiary, Fidelity Digital Assets.
Fidelity Investments has introduced a new Individual Retirement Account (IRA) product that allows U.S. investors to directly invest in cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). This new product will satisfy the increasing number of investors seeking tax-efficient ways to invest in cryptocurrencies.
Fidelity Investments has launched an individual retirement account (IRA) that lets individuals to invest in cryptocurrencies under its web3-focused subsidiary Fidelity Digital Assets.
Fidelity Investments has introduced a new crypto-focused retirement account, giving individual investors the opportunity to hold digital assets directly in tax-advantaged retirement portfolios. The offering includes access to Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Litecoin (CRYPTO: LTC), and is available to U.S. residents aged 18 and older.
On-chain records showcase a massive burn of Terra system's native tokens, sparking rebound hopes for LUNC holders.
The crypto market registered a marginal uptick over the past 24 hours despite several altcoins crashing on April Fools' Day. Despite the altcoin crash, the crypto market cap is up 0.50% and currently sits at $2.7 trillion.
Galaxy Digital, founded by Michael Novogratz, has agreed to pay $200 million in penalties to resolve allegations that it violated New York laws by promoting the cryptocurrency LUNA without disclosing its financial interests.
Wall Street giant Goldman Sachs has predicted that the US Federal Reserve will trim interest rates three times this year, which could bode well for Bitcoin and altcoins. Amid this forecast, below are the top 4 altcoins to buy to enjoy significant returns.
The Litecoin (LTC) open interest data shows the coin has experienced a mild surge in the past 24 hours. Interestingly, the LTC open interest outlook has outpaced that of Bitcoin, a mild case of decoupling at a time when the broader digital currency ecosystem is seeing a drawdown.
Terraform Labs will launch a Crypto Loss Claims Portal on March 31, 2025, enabling investors impacted by the 2022 collapse of terrausd (UST) and associated cryptocurrencies to seek compensation.
Managed by administrators at New York-based Kroll, the portal will open on Monday, March 31 and close on April 30.
Terraform Labs, the company behind the collapsed Luna token and TerraUSD stablecoin, is launching an online claims portal on March 31. The portalclaims.terra.moneywill allow eligible investors to file for compensation tied to the companys 2022 downfall and ongoing bankruptcy process.
The crypto investment giant Galaxy Digital has settled with the New York State Attorney General for $200 million after facing allegations that it illegally propped up the ill-fated LUNA token.
Creditors must file claims by April 30, 2025, to seek potential recovery.
Nonoperational blockchain firm Terraform Labs confirmed opening its crypto loss claims portal on 31 March. That comes after the company filed for insolvency in January 2024. It applied for Chapter 11 bankruptcy after its $40 billion empire fell in 2022. As part of its closure, Terraform Labs introduced a crypto loss claims portal.
Trump is shaking things up in crypto again! This time, he's handing out pardons, and the latest beneficiaries are BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed. The trio had pleaded guilty to breaking banking laws, but Trump's move wipes their records clean.
The claims process requires proof of ownership, with on-chain verification preferred over manual submissions to avoid delays or rejections.
The New York Attorney General and Galaxy Digital have agreed to a settlement over the firm's handling of LUNA before its 2022 collapse.
Terraform Labs — the company behind LUNA (LUNA) and algorithmic stablecoin TerraUSD (UST) — will launch its crypto loss claims portal on March 31. The portal is aimed at reimbursing individuals who lost at least $100 due to the collapse of the Terra ecosystem in 2022.The move follows a Delaware court's approval for Terraform Labs to wind down operations.