Daily transactions on the Litecoin network have hit $9.6 billion per day as exchange-traded fund issuers have been making moves to list their proposed Litecoin ETFs in the United States. Litecoin’s (LTC) market capitalization surged by 46% from Feb. 2 to 19, showing increased investor interest, reported Santiment on Feb. 21. It added that part
Month: February 2025
US securities exchange Nasdaq has requested to list a Grayscale exchange-traded fund (ETF) holding the Polkadot network’s native token, DOT (DOT), filings showed. If approved, the Grayscale Polkadot Trust would add to the asset manager’s expanding suite of publicly traded crypto funds. The filing adds to the litany of applications with the US Securities and Exchange
Bitcoin (BTC) tapped $89,000 during the early Asian hours on Feb. 26 after reaching a low of $85,953 on Feb. 25 amid a slight improvement in market sentiment. A rejection from the $89,000 level raises questions about whether BTC price could drop further over the next few days. BTC/USD hourly chart. Source: Cointelegraph/TradingView Demand for
Bitcoin (BTC) has dropped by as much as 21.40% over a month after establishing a record high of around $109,300. Still, some analysts remain optimistic, anticipating a continuation of the bullish trend in 2025. BTC/USD daily price chart. Source: TradingView Wyckoff reaccumulation model hints at $100K retest The Wyckoff reaccumulation pattern is a technical setup
Bitcoin (BTC) fell to $83,500 on Feb. 26, marking its lowest price since November 2024. This $12,820 drop over three days wiped out over $1 billion in leveraged long positions, based on CoinGlass data. Analysts point to growing fears of a global economic recession as the main driver of this bearish mood. However, pressure from
Solana (SOL) price is down nearly 9% on the day and is close to trading below $130 for the first time since Sept. 18, 2024. Two key indicators on SOL’s daily chart are on track to complete a bearish crossover, and if this happens, new lows under $100 could be in the cards. The 50-day
Litecoin (LTC) demonstrated a V-shaped recovery of 20% after dropping to $106 on Feb. 25. After a brief decline below the 50-day and 100-day exponential moving averages (EMAs), the altcoin has regained a bullish position and is currently outperforming a majority of assets within the crypto market. Litecoin 1-hour chart. Source: Cointelegraph/TradingView Litecoin has “one
XRP (XRP) price declined by 16.8% between Feb. 23 and Feb. 26, leading to $79 million in leveraged long futures liquidations. Notably, the correction occurred despite a largely positive regulatory outlook and increasing odds of approval for a spot XRP exchange-traded fund (ETF) in the United States. At the same time, open interest in XRP
Litecoin (LTC) has outperformed the broader crypto market vastly in the last 24 hours, rising over 9% to reach $127.85 on Feb. 27. LTC/USD four-hour price chart. Source: TradingView In contrast, the crypto market’s combined valuation has dropped by 3% amid a sour risk-on mood led by underwhelming Nvidia earnings and US President Donald Trump’s
Legal expert Jeremy Hogan has predicted that the Ripple vs. SEC saga could end in the first half of this year. This came as the analyst commented on the Commission’s agreement to end its lawsuit against Coinbase and how this could also impact the Ripple case. Legal Expert Reveals Timeline For Potential Ripple Vs. SEC
The Ripple vs. SEC lawsuit has taken an interesting turn. A recent development suggests that this long-running legal battle might end soon. Surprisingly, the XRP price has failed to react positively to this development and has, instead, crashed significantly. XRP Price Fails To Respond Positively To Recent Ripple Vs. SEC Development CoinMarketCap data shows that
The Ripple vs. SEC lawsuit has again come into focus. The US Securities and Exchange Commission (SEC) is set to hold a closed-door meeting today, which has raised speculation that the Commission could potentially settle with Ripple after the meeting. What To Know About The Commission’s Meeting Amid Ripple Vs. SEC Settlement Speculations The SEC
