1H
0.16%$0.1701
24H
0.42%$0.4453
7D
0.65%$0.6876
30D
-4.19%$4.66
The SEC faces key October deadlines on several crypto ETF filings, with Canary Capital’s spot Litecoin ETF first in line on Oct. 2.
Litecoin price steadied at $110 on Saturday, August 30, as sell-side pressure weakened. Can bulls capitalize on the psychological support base to stage a weekend rebound?
Up over 40% in a month and 11% in a day, LTC now ranks as the second most-used crypto for payments, behind only Bitcoin.
Despite trading sideways near $86, Litecoin is drawing institutional accumulation and whale activity, with analysts eyeing $200.
The SEC’s announcement to postpone a decision on the Canary Funds Litecoin ETF led to a 6% drop in LTC price, which is now trading at $82.38.
Litecoin (LTC) is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license. Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority. While inspired by, and in most regards technically nearly identical to Bitcoin (BTC), Litecoin has some technical improvements over Bitcoin, and most other major cryptocurrencies, such as the adoption of Segregated Witness, and the Lightning Network. These effectively allow a greater amount of transactions to be processed by the network in a given time, reducing potential bottlenecks, as seen with Bitcoin. Litecoin also has almost zero payment cost and facilitates payments approximately four times faster than Bitcoin.
The creation of Bitcoin ordinals is a thoughtful and innovative development for the world’s first cryptocurrency. It has gained massive adoption from several blockchain enthusiasts and onlookers within a short time. The following guide describes Bitcoin ordinals and how they function.
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