Litecoin could be on the verge of a bullish rally, if a few conditions are met soon.
Litecoin price had a strong performance this week as it jumped to its highest point since January 18. The surge was most likely because of the ongoing optimism about a potential LTC ETF approval by the Securities and Exchange Commission and the potential inflows.
The crypto market has shifted from bearish to bullish in the second half of the week, improving overall conditions for altcoins. This shift in sentiment has driven strong gains for select assets fueled by rising demand.
Litecoin (LTC) has experienced a remarkable 15% price surge, reaching $125.90 on January 30, 2025. The rally is driven by a combination of favorable market conditions, including positive outcomes from the Federal Open Market Committee (FOMC) meeting, rising ETF speculation, and strong network activity.
First altcoin ETF on the horizon—will Litecoin break Bitcoin and Ethereum's monopoly?
Litecoin (LTC) has been making waves in the crypto market, with its price soaring by 11% over the past 24 hours. The altcoin reached a daily high of $131.67 before settling slightly lower at $127.19.
The recent departure of former SEC Chair Gary Gensler has optimism fresh optimism in the cryptocurrency community regarding the potential approval of spot crypto exchange-traded funds (ETFs). With filings for ETFs for altcoins like XRP, Solana, and Litecoin, the future of such products now hinges on regulatory clarity.
Litecoin (LTC) is seeing a surge in bullish momentum, with its price climbing 10% in the past 24 hours. The recent rally came as the US Securities and Exchange Commission (SEC) reviewed the application for the Canary Spot Litecoin exchange-traded fund (ETF).
Litecoin price is up today after the SEC acknowledged Canary Capital's spot LTC ETF application within two weeks of its initial filing on Jan. 16.
After a sharp downturn earlier in the week, triggered by the emergence of China's artificial intelligence (AI) model, DeepSeek, Litecoin (LTC) has rebounded strongly, surging nearly 17% in the last few hours to trade at $130 at the press time.
The U.S. Securities and Exchange Commission has acknowledged Canary Capital's Litecoin ETF proposal, saying it would be soliciting comments and asked for those to be submitted 21 days after publication in the Federal Register.
After the week-long corrective pullback that cut across crypto majors, assets like Litecoin and Bitcoin are on a rebound. In both cases, the bulls are striving to break crucial resistance in their quest to retest and surpass recent highs.
Digital coins displayed bullishness on Thursday as Bitcoin steadied above the $100K psychological mark. Cryptocurrencies rallied as Jerome Powell confirmed the Fed's decision to keep rates unchanged during yesterday's announcement. The move maintains the Federal benchmark funds rate within 4.25% – 4.50% and marks the initial pause after multiple cuts in the past three meetings.
Polymarket bettors place 86% odds on the SEC approving Litecoin ETF this year.
After the Federal Reserve decided to keep interest rates unchanged, the crypto market has maintained steady growth. Among these, Litecoin stands out in the altcoin sector, recording significant double-digit gains in just a few hours. This surge has impacted several on-chain metrics, suggesting that Litecoin's price is currently overvalued.
A new research report analyzing token popularity in crypto casinos reveals that while Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) continue to dominate the market, alternative cryptocurrencies like Litecoin (CRYPTO: LTC) and Dogecoin (CRYPTO: DOGE) are gaining traction. What Happened: The study, conducted by Renomowanekasyno.pl, highlights the various factors influencing players' choices in online crypto gambling.
Litecoin's price surged on January 30 as expectations grew that the Securities and Exchange Commission will approve a spot ETF. Litecoin (LTC) jumped more than 12%, reaching an intraday high of $135.
Polkadot (DOT) joined Litecoin (LTC) as a top performer, gaining 4.8% from Wednesday.
The cryptocurrency market is on edge as Canary Capital's proposed Litecoin (LTC) Exchange-Traded Fund (ETF) takes a major step toward approval. In a recent update, the U.S. Securities and Exchange Commission (SEC) officially acknowledged the filing for the Litecoin ETF, signaling that the proposed investment product could become a reality in the near future.
"If LTC goes then I think BTC will follow," one industry participant forecasted.
Regulators are moving forward with their assessment of a Litecoin ETF, opening the door for public input before making a final decision.
TL;DR ETF Buzz: Litecoin (LTC) surged 14% amid the SEC's review of a proposed ETF and 87% investor confidence in its approval. Network Boom: Daily transactions hit $2.85B with 122K new wallets, signaling heightened adoption and activity. Price Momentum: LTC spiked to $130, topping major cryptos; technicals suggest bullish potential if key resistance breaks.
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BTC added nearly 3% in the past 24 hours after the FOMC meeting, reversing all losses from a Monday bloodbath that saw prices drop as much as 8%.
Crypto bettors on Polymarket, a decentralized prediction market, have placed an 87% probability on the US Securities and Exchange Commission (SEC) approving a Litecoin-based exchange-traded fund (ETF) this year. Optimism surged after the SEC initiated a public comment phase for the proposed Canary Litecoin ETF.
Crypto bettors on Polymarket, a decentralized prediction market, have placed an 87% probability on the US Securities and Exchange Commission (SEC) approving a Litecoin-based exchange-traded fund (ETF) this year. Optimism surged after the SEC initiated a public comment phase for the proposed Canary Litecoin ETF.
Litecoin (LTC) prices shot up 11% in the past 24 hours, printing a daily high of $131 and analyst predict $170 in the near future.
Several fund managers have recently filed applications for altcoin ETFs with the Securities and Exchange Commission (SEC), including $DOGE, $TRUMP, and $MELANIA ETFs. However, the only application to get a green light was Canary Capital's Litecoin ETF ($LTC ETF).
The SEC has opened a 21-day public comment period for Canary Capital's Litecoin ETF proposal, which would offer traditional brokerage access to the cryptocurrency
The crypto markets reacted positively as the Fed held the interest steady. Many believed the markets may exhibit extreme volatility ahead of FOMC but the fresh rates offered a significant push to the BTC price and also the other altcoins.
Litecoin's 15% price increase to $125.90 was driven by positive FOMC meeting outcomes, potential ETF developments, and increased network activity with 122,000 new wallet holders.
The US SEC reviewed Canary Litecoin spot ETF and opened a public comment period. Canary Capital's Litecoin ETF is the first altcoin ETF filing reviewed by the SEC.
Cryptocurrency prices remained under pressure after the Federal Reserve left interest rates unchanged. Bitcoin remains above $100,000, while most altcoins attempted to crawl back. This article provides a forecast for popular cryptocurrencies like JasmyCoin (JASMY), Litecoin (LTC), and VeChain (VET). Jasmy price prediction JasmyCoin price peaked at $0.
After a significant crypto crash earlier in the week, Litecoin and a few other tokens resurfaced with a substantial price surge. The LTC token has climbed 15% in the last few hours, showing bullish momentum on the charts, and there are multiple reasons behind that.
Canary Capital's Litecoin exchange-traded fund is advancing towards possible approval as the US SEC invites public feedback before deciding whether to approve or reject the listing. Eric Balchunas of Bloomberg highlighted that the securities agency has 240 days to decide.
The US cryptocurrency market is heating up with a flood of new ETF applications in 2025. From Solana to Ripple, asset managers like VanEck, ProShares, and others are racing to bring you the next wave of investment opportunities in digital assets. The U.S.
After the departure of former SEC Chair Gary Gensler, the potential approval of more spot crypto ETFs (exchange-traded funds) has become a hot topic in the industry. Recently, several altcoins, including XRP, Solana, and Litecoin, have seen filings for spot ETFs.
Litecoin, Cardano, and Sui are the hottest cryptos today, with LTC breaking out of a bull flag, ADA forming a BARR bottom, and SUI eyeing a 140% rally.
The SEC has acknowledged Canary Capital's Litecoin ETF filing. This could lead to the first altcoin ETF outside of Bitcoin and Ether being approved in 2025.
Canary Capital's Litecoin ETF has become the first altcoin 19b-4 to be acknowledged by the US Securities and Exchange Commission. The post US SEC Officially Accepts Canary Capital's Litecoin ETF Filing appeared first on Cryptonews.
Canary's proposed Litecoin ETF aims to eliminate the technological hurdles that have historically irked mainstream investors.
In a crucial signal of approval, the SEC formally acknowledged Canary Capital's 19b-4 filing for a Litecoin ETF. This is the first altcoin ETF after Ethereum to receive this nod, and it locks the Commission into a deadline to approve or reject it.
The U.S. Securities and Exchange Commission (SEC) has acknowledged Nasdaq's 19b-4 filing for the Canary Litecoin ETF. This marks a key step in the process of approving a spot Litecoin ETF, as the agency now seeks public input before making a decision.
The SEC is asking the public to comment on a proposal for the Canary Litecoin ETF, moving the ball forward on next steps toward approval.
Australian asset management firm Monochrome filed for a spot litecoin (LTC) exchange-traded fund (ETF) with the securities and derivatives exchange Cboe Australia on Tuesday. The firm already manages a $50 million bitcoin ETF and a $2 million ether ETF, both approved in 2024, months after similar approvals were given in the United States. Neither U.S.
Litecoin network is up by 30% in Hashrate, signaling rising adoption and demand.
CoinShares has officially entered the race to launch a Litecoin (LTC) spot ETF. CoinShares is Europe's largest digital asset investment firm, and the news of its push for an LTC ETF sparked mixed reactions.