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Litecoin’s 25% rally follows Grayscale’s spot ETF filing, with strong long-term holder support and key levels fueling its bullish momentum.
Share link:In this post: Grayscale has filed with the SEC to launch ETFs for Litecoin and Solana. The firm joins Canary Capital in the race for a Litecoin ETF. There is still uncertainty about approval as the SEC reviews a flood of crypto ETF proposals following Gary Gensler’s resignation.
Bitcoin’s dominance and bullish momentum suggest a rally could be imminent. A breakout above $106,193 may pave the way for record highs.
Gyeonggi Province city confiscates coins from 157 citizens with outstanding fines worth over $690
The SAB 121 gained widespread criticism for asking banks that hold crypto to record them as liabilities in their balance sheets.
MicroStrategy may owe billions under U.S. tax rules targeting unrealized gains. With $47B in Bitcoin holdings, the firm’s case could shape corporate cryptocurrency strategies amid regulatory scrutiny.
- 16:00A 3-Year Dormant Whale Address Deposited 1,250 Bitcoins to CEX 4 Hours AgoOn 3 March, a dormant 3-year whale address deposited 1,250 bitcoins worth $114.96 million into CEX four hours ago, according to Lookonchain monitoring.
- 15:55OPINION: Trump fails to disclose crypto-strategic reserve details, if not in line with expectations the market may fall back againAndrew Tu, head of sales at crypto market maker Efficient Frontier, said that the inclusion of XRP and ADA tokens in Trump's crypto strategic reserve plan was a surprise, in addition to the fact that many of the details of the plan are still unknown, including how much the U.S. government will actually buy and how it will fund the purchases. For now the crypto market has forgotten all about last week's pessimism, macroeconomic concerns are still a potential risk, and if the stock market falls similarly it could cause cryptocurrency prices to fall back again, if expectations don't match reality.
- 15:53Messari report: bitcoin price up 48% in Q4, ETF AUM up 80%, DeFi TVL jumps 693%March 3 - According to Messari's Bitcoin Q4 Report, the Bitcoin ecosystem saw explosive growth in Q4 2024, driven by a surge in ETF adoption, a mining boom, and the rise of DeFi. the BTC price rose 48% quarter-over-quarter and 121% year-over-year to $93,400, spot Bitcoin ETF Assets Under Management (AUM) increased 80% to $ 108.43B, and Bitcoin DeFi TVL surged 693%. Despite a decline in daily volume, active addresses increased, BRC-20 and Runes trading picked up, and mining arithmetic hit a record high, indicating further increases in the economic security of the network.