
Nasdaq Files SEC Application for CoinShares XRP, Litecoin ETFs: LTC Price Soars 9%
Litecoin (LTC) price shot up a staggering 9% in the past day as the cryptocurrency reclaimed the 20-day EMA.
Many merchants and investors are taking notice of Litecoin, which is pitched by its developers as cheaper to generate, more plentiful and easier to use for small transactions than Bitcoin.
Litecoin (LTC) price shot up a staggering 9% in the past day as the cryptocurrency reclaimed the 20-day EMA.
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.
Bloomberg analyst Eric Balchunas has predicted that Litecoin (LTC) ETF could be the next crypto ETF to be approved by the SEC.
Litecoin is surrounded by darkclouds amid 6.23% year-to-date loss despite the overall market conditions turning severely bullish.
See why Litecoin, Injective and Pullix can climb during the upcoming months and learn just how far they can rise despite a harsh market.
The LTC price comes under pressure just hours before the Litecoin halving event ahead on Wednesday.
A look into history makes it obvious that the price of Litecoin usually dropped close to halving. However, we cannot conclude that the same will happen this year in the crypto market.
If history repeats itself, LTC price could begin to gain with Litecoin halving which is only about 100 days away.
After getting off to a bright trading start in May, Litecoin could not but give in to the bear run.
Litecoin price is actively increasing these days and, according to experts, this tendency is going to continue.
On Thursday, September 12th, the Litecoin is declining again, trading at $68.63.
Second Litecoin halving ended with 75 % of Litecoin mined and the price of the Litecoin at $99.6. Even though Litecoin previously fell out of #4 market cap spot, it came back with the growth of the huge 14.63 percent.
Altcoins have spent the second and third quarter of 2019 thus far falling in value relative to Bitcoin price. Litecoin, as always, is leading this rally, and in a sense, lights the path for the rest of the altcoin market to shine.
The Litecoin Foundation has teamed up with Bibox Exchange and Ternio to bring customers a special edition Litecoin BlockCard, which will allow customers to purchase goods and services with crypto. LTC price adds 4% amid the news.
The nearest Litecoin halving is set to occur in 69 days when the number of generated Litecoin rewards per block will be halved. Amid the event, experts are predicting a new price rally on the whole crypto market.