Litecoin Sharks Push Price Over $75, LTC Likely To Keep On Rising

Litecoin has experienced a significant price surge on low timeframes and hints at a possible bullish continuation. The cryptocurrency is moving higher than more significant assets in the space, and it’s making its way to the top 10 by market capitalization.

The current market landscape and on-chain activity support a bullish thesis. As of this writing, Litecoin already overtook Solana (SOL) and Shiba Inu (SHIB) in this ranking. LTC’s price is trading at $78 with 15% and 35% profits in the last 24 hours and the previous week, respectively.

Litecoin

Original Link

Comments

All Comments

Recommended for you

Cointime精选 ·

10 years on: How Ethereum’s ICO changed the crypto landscape

Nick Johnson, lead developer of the Ethereum Name Service, shared his thoughts and memories of Ethereum on its 10th anniversary.
Cointime精选 ·

THORChain founder and his plan to ‘vampire attack’ all of DeFi

After posing as an anon girl for six years, THORChain’s founder is now waging war against the “slow rugs” of DeFi.
blockABC ·

When Musk Empire listing? Find love in The Sandbox and more: Web3 Gamer

Web3 gaming is taking an unexpected turn this year says Delab Games head of strategy.
Cointime精选 ·

Toyota’s love for Ethereum, HK nods inverse Bitcoin ETF, stablecoin: Asia Express

Asia’s top automobile manufacturer is researching how Ethereum can play a role in autonomous vehicles, Hong Kong approves an inverse Bitcoin ETF and a new stablecoin, and more!
Cointime精选 ·

Is government oversight non-negotiable for the future of crypto?

Governments aren’t known for allowing anything to thrive without some oversight or control, but for the most part, crypto is proving to be an exception.
ABCDE Capital ·

ABCDE: Why We Invest in aPriori

aPriori is an MEV (Maximal Extractable Value) liquid staking platform on Monad. Its innovative design significantly reduces latency, maximizing compatibility with Monad’s high performance. The team members are from the high-frequency trading field, with experience in top companies like Jump Crypto, Flow Traders, and Coinbase. With the team’s background in top high-frequency trading crypto institutions, aPriori is building the infrastructure that helps Monad realize its potential as a high-throughput network ready for mass adoption.
Cointime精选 ·

APRO Oracle and Lnfi Network Launch Groundbreaking Price Oracle Service on Lightning Network

We are thrilled to announce that APRO Oracle is joining forces with Lnfi Network to introduce the first-ever price oracle service based on the latest mainnet version of Taproot Assets. This collaboration aims to provide weighted prices from major exchanges like Binance directly to the Lightning Network, ensuring a new level of efficiency and reliability in decentralized finance.
Trump team files complaint over Harris inheriting $96 million in Biden campaign funds

According to reports from foreign media, the Trump campaign team has filed a complaint with the Federal Election Commission, claiming that Biden's transfer of $96 million in campaign funds to Harris is illegal. David Warrington, a lawyer for the Trump campaign team, said that this was a "shameless money-grabbing act" and would constitute the largest excessive donation and most serious violation in the history of the Federal Election Law. Shortly after Biden withdrew from the election and appointed Harris as his preferred successor, she took over Biden's campaign committee's bank account. Steve Roberts, a lawyer who represented Republican candidates, said that the argument against the transfer was a "wishful thinking" of his Republican colleagues. The Harris campaign team said that this complaint would not affect its fundraising or spending.
Donald Trump Plans to Release Fourth NFT Collection, Embraces Crypto Industry

Former US President Donald Trump is reportedly planning to release a fourth NFT collection, as he continues to embrace the crypto industry. In a recent interview with Bloomberg Businessweek, Trump stated that his previous NFT collections were "very successful" and sold out in a day. He also revealed that he plans to release another collection, as his supporters are demanding it. Trump's campaign has also started accepting crypto donations, and he has been vocal about the importance of the US not falling behind China in the crypto industry.
Crypto Industry Disappointed as Digital Assets Fail to Make an Appearance in First 2024 US Presidential Debate

Despite hopes from industry participants, the topic of crypto was not discussed during the first general debate of the 2024 U.S. presidential election between Joe Biden and Donald Trump. The debate, hosted by CNN, primarily focused on the economy, with brief mentions of other issues such as abortion, immigration, and foreign policy. While crypto has been a talking point throughout the election cycle, neither candidate made any significant statements about it during the debate. The crypto industry is hoping for a Congress and administration that will pass legislation friendly to digital asset businesses, and is looking to repeat the massive spending on elections from 2022.