Crypto News

Litecoin Surges 10% on ETF Hopes and Merchant Activity Amid Quiet Rotation

Litecoin (LTC) rose by more than 11% in the past 24 hours, edging above $123, marking one of the sharpest large-cap rallies this week as traders rotated into legacy altcoins amid improving sentiment and fresh ETF chatter.The move, which made LTC as the largest weekly gainer among the top hundred tokens, comes as a mix of structural adoption and regulatory tailwinds.In July, litecoin accounted for 14.5% of all crypto payments on CoinGate, the firm said in an X post, leapfrogging stablecoins like USDT and USDC and second only to bitcoin (BTC).As such, speculation over a spot ETF continues to build despite the SEC delaying its decision on Grayscale’s application until October.Bloomberg analysts pegged the odds of eventual approval at 90%...

Phantom Acquires Solana Trading Platform Solsniper to Expand Services

Cryptocurrency wallet provider Phantom has acquired Solsniper, a high-speed trading and analytics platform specializing in the Solana blockchain. Phantom to Integrate Solsniper Team Following Strategic Acquisition Solsniper, founded in 2021, is recognized for its precision tools enabling traders to monitor tokens, track wallet activity, and react instantly to market movements. According to Phantom, the platformSource link

Bitcoin’s Long-Term Bullishness Evaporates From Options Market as Inflation Concern Rises

The bitcoin (BTC) bull, once confidently gazing into the future, is reconsidering its long-term bullish conviction.That's evident from the 180-day skew, measuring the difference in implied volatility (pricing) between Deribit-listed out-of-the-money call and put options. The metric has recently retreated to zero, according to data source Amberdata, indicating that long-term market sentiment has shifted from bullish to neutral. The shift comes as some analysts warn of a bear market in 2026.A similar reset occurred at the onset of the previous bitcoin bear market, according to Griffin Ardern, head of options trading and research at crypto financial platform BloFin."I've noticed a rather worrying sign with the recent market pullback. Bitcoin's bullish sentiment for the far-month options has vanished, and it is...

XRP Breaks $3 With $33M Traded in a Minute. Here’s What Analysis Predicts Next

XRP surged to $3.05 during a volatile 24-hour period, posting a 4.45% gain from $2.92 as traders reacted to unprecedented minute-level volumes and whale liquidations. A $33 million spike in volume was recorded within a single minute, marking one of the largest such spikes for the token.Despite technical resistance at $3.09 and short-term sell signals flashing, machine-learning forecasts continue to target upside toward $3.12 by month-end.What to KnowXRP rallied from $2.92 to $3.05 between 3 August 21:00 and 4 August 20:00, gaining 4.45% with a trading range of $0.18 (6% spread).The $3.00 psychological level was breached during the 13:00–14:00 session on extreme volume, peaking at 151.97 million trades.Institutional trading triggered $2.10 billion in sell flows, even as leveraged long positions...

Leonardo.Ai Launches Lucid Origin: A Versatile AI Model for Hyper-Realistic Imagery

Leonardo.Ai introduces Lucid Origin, a cutting-edge AI model designed to create hyper-realistic and design-ready images with increased vibrancy, diversity, and Full HD output. (Read More)Source link