The $LDO token representing liquid staking protocol Lido DAO is one of crypto's most volatile assets today, having traded against during a market slump, before multiplying the losses of market leader Bitcoin ($BTC). Bitcoin dropped by as much as 6% in 24 hours by lunchtime UTC today.

LDO, the native token of leading Ethereum staking provider Lido DAO, has witnessed an 8% price hike over the past 24 hours. Trading volume has also jumped by 58% during the review period, reflecting the surge in activity around the altcoin.

LDO's breakout has captured attention, with $4 emerging as a potential milestone.

Cryptocurrencies experienced mixed trends today, with Bitcoin (BTC) falling below $94K amid cautious market sentiment. Meanwhile, Lido DAO (LDO) and Arbitrum (ARB) emerged as the day's top performers, gaining more than 6% each. The global crypto market cap fell 2% to $3.27 trillion, while trading volume surged by 22%, hitting $241 billion.

Following the recent bullish rally, cryptocurrency prices today are facing selling pressure, with market sentiment shifting towards cautiousness. Bitcoin (BTC) has dropped to the $93K level today.

Bloomberg Analyst James Seyffart has outlined potential timelines for the approval of Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) exchange-traded funds (ETFs). As regulatory discussions gain traction in the United States, Seyffart predicts that decisions on these altcoin ETFs may extend into late 2025, depending on various factors.

Bitcoin rally stalls as few altcoins lead the day's gains.

A recent US District Court ruling on Lido DAO has sent ripples through the cryptocurrency world, profoundly impacting decentralized autonomous organizations (DAOs). On November 18, 2024, Judge Vince Chhabria of the Northern District of California classified Lido DAO, a prominent DAO in the crypto market, as a general partnership under California law.

Litecoin (LTC) has gained considerable momentum, surging by 7.40% in the latest price action. This surge marks a positive reversal after the token broke above the 61.80% Fibonacci level at $88.84.

Lido is one of the most important liquid staking protocols within the Ethereum ecosystem. Its model allows users to earn rewards from staking Ethereum (ETH) without losing liquidity, through the use of liquid tokens such as stETH and wstETH.

Litecoin has been trading within an ascending channel pattern, which typically signals gradual upward movement. However, the recent rally has propelled LTC above this trendline resistance, suggesting that buyers are in control.

Litecoin price held steady and retested the crucial resistance level at $100. LTC has jumped for three consecutive weeks and is now hovering at its highest level since April 2024. It has soared by over 100% from its lowest point this year.

The Bitcoin price inched close to $100K and after facing a small pullback, it is hovering within a range. In the meantime, the top altcoins that performed well in the 2021 bull run, like Litecoin & Polkadot, have triggered a fresh bullish run.

Cosmos (ATOM) has experienced a remarkable surge, rising by nearly 65%. This upward movement has brought the altcoin above significant technical levels, including the critical 200-day Exponential Moving Average (EMA), which is often seen as a key indicator of long-term trend reversals.

A large liquidation of Ethereum holdings has been observed from the Cosmos developer Interchain Foundation, with another 3,000 ETH ($10.16M) sold from their 2017 ICO reserves. This continues a pattern of sales that has seen 21,600 ETH ($55.97M) liquidated since April 2024, with an average selling price of $2,591 per ETH.

As Bitcoin momentarily approaches the $100k milestone, the Litecoin rally is heading to challenge the $100 mark. Crossing over the $90 mark, a post-retest reversal plans for a bull run ahead in the LTC price trend.

Assessing if LTC has enough firepower to break through its immediate resistance amid strong bullish sentiment in the market.

Bitcoin (BTC/USDT) is once again flirting with the $100K level, but this time, it's not alone in the spotlight. Ethereum has finally woken up, signaling the long-awaited start of altcoin season.

Story Highlights Litecoin price soared ~7% in 24 hours, reclaims the $90 mark. Technical indicators record a positive price action, highlighting further uptrend. Sustained bullish sentiment could push the altcoin to $100 this weekend. The Litecoin price has experienced a strong bullish recovery after recorded a bearish price action this week.

Hyve, a data availability protocol secured by the permissionless shared security platform Symbiotic, has announced a collaboration with Lido to introduce wrapped stETH as its first collateral.

TL;DR Cycles is a proposal from Informal Systems for a decentralized clearing system, led by Ethan Buchman, co-founder of Cosmos. The system aims to eliminate traditional intermediaries (such as banks) and allow any user to participate in a blockchain-based multilateral settlement process.

The objective of Cycles is to “clear the most debt for the most people with the least money,” Informal Systems' CEO Ethan Buchman said.

Litecoin (LTC) has just formed a golden cross on its daily charts, igniting fresh interest in the cryptocurrency community, given Bitcoin's rise to new all-time highs.

A federal court in California has ruled that members of Lido DAO, the decentralized autonomous organization (DAO) behind the popular Lido staking protocol, are legally liable under the state's partnership laws. This ruling marks a significant step in the ongoing efforts to clarify the legal status of decentralized organizations within the United States and could have broad implications for the crypto space.

Litecoin maintains position above $80 support while facing multiple resistance levels up to $88, with technical indicators suggesting a decisive move pending as price consolidates within this range.

ATOM recently jumped above its 200-day EMA, could this be a start of a new uptrend?

Litecoin revealed in a lengthy X post that it had no affiliation with the recently launched memecoin on Solana's Pump.fun, Lester. Litecoin's post outlined how a group of individuals took the Litecoin mascot, Lester, created by X meme creator Greg, to popularize the memecoin.

Litecoin price is consolidating above the $80.00 level against the US Dollar. LTC could start a fresh increase if it clears the $88.00 resistance zone.

The Litecoin network is flourishing, with its hashrate approaching new all-time highs. Now at 1.7 PH/s, Litecoin's hashrate has consistently grown since the start of the year.

A significant legal development occurred for Lido DAO as the U.S. District Court for the Northern District of California ruled against the decentralized autonomous organization (DAO) in a high-stakes lawsuit. Lido DAO had argued that it was not a legal entity and, therefore, could not be held accountable in court.

A recent ruling by the U.S. District Court for the Northern District of California has determined that Lido DAO, a cryptocurrency staking platform, qualifies as a general partnership under state law.

Lido DAO's efforts to shrug off a securities case have fallen through.

Shytoshi Kusama roasts Litecoin's assigned crypto gender switch, stirring a fiery tussle between the two meme coins.

A recent ruling from a California court has implications for decentralized autonomous organizations (DAOs), especially those involved in Ethereum (ETH) liquid staking.

Litecoin (LTC) has registered unusual activity on the Binance exchange. Whale Alert on X, the renowned blockchain transaction tracker, spotted the movement of 407,510 LTC valued at approximately $35.4 million.

An unlikely outcome has resulted in a case reported by an investor against Lido DAO. The court has ruled that since Lido DAO is an association of more than two persons, it falls under partnership laws.

Judge Vince Chhabria, in his ruling, raised concerns about whether individuals in the cryptocurrency industry can avoid legal accountability by using unconventional legal structures to profit from innovative financial instruments.

65% of Litecoin holders or 5.23 million addresses are currently in profit.

The cryptocurrency industry is bracing for a potential surge in exchange-traded funds (ETFs) after Donald Trump's election win, signaling what experts believe could be a transformative era for digital assets in the U.S. What Happened: Market participants are hopeful that a pro-crypto Trump administration will end regulatory gridlock and usher in broader approval for innovative crypto-based financial products, according to a Financial Times report. The Securities and Exchange Commission's (SEC) recent approval of spot Bitcoin and Ethereum ETFs marked a significant milestone after years of regulatory pushback.

LESTER was recently launched on the Pump.fun platform, following a humorous declaration by Litecoin.

Solana-based meme token Litecoin Mascot (LESTER) has seen its market cap surge to over $140 million within just 48 hours of its debut. The post Solana Meme Token Litecoin Mascot (LESTER) Hits $140M Market Cap in Two Days appeared first on Cryptonews.

Assessing if Litecoin buyers can provoke a breakout or if the altcoin will see a pullback from its recent pattern.

The rapid rise of meme coins like LESTER highlights the volatile influence of social media on cryptocurrency markets and investor behavior. The post Solana meme coin Litecoin Mascot soars to $120 million market cap in less than 48 hours of launch appeared first on Crypto Briefing.

Litecoin's self-declared transition to memecoin status on November 14, 2024, triggered a 15% price rally to $82.25 and sparked increased trading activity, mining operations, and community engagement.

Litecoin is embracing its inner meme coin amidst a double-digit run, and it's all thanks to Dogecoin.

Hedera and Ripple were also top performers, each gaining 6%.

Historically, a surge in short-term holdings as this holds great significance in that it usually marks a turning point in the market.

Interesting and unexpected narratives continue to rule the crypto market and influence asset prices on it when, amid a new wave of meme mania, market old-timer Litecoin (LTC) announced that it too is identifying itself as a meme cryptocurrency given current market conditions.