Crypto News
Litecoin Climbs 4% to Top $84, With ETF Odds Growing
Litecoin shook off last week’s slump, rising 4% to an intraday high of $85.45 and then holding ground near $84. The move came on volume above its 20-day average, signaling conviction behind the breakout.An easing in global stress helped, with a supposed ceasefire between Israel and Iran.The next catalyst may be regulatory. The U.S. Securities and Exchange Commission is reviewing two bids for a spot Litecoin ETF.A green light to such a fund this year, to which Polymarket traders assign an 83% chance, would open LTC exposure to investors betting on crypto through traditional brokerages. Bloomberg analysts see a 95% chance of a spot LTC ETF approval.Technical Analysis OverviewLitecoin’s price burst through the $83.40 ceiling backed by 331,459 LTC being...
Anthony Pompliano’s Firm Procap Acquires 3,724 BTC Post-Merger News
Anthony Pompliano’s Procap BTC, LLC purchased 3,724 bitcoin for approximately $387 million one day after announcing a $1 billion merger and over $750 million fundraising effort. Procap Buys 3,724 BTC at a Time-Weighted Average Price of $103,785 According to the announcement, the New York-based firm bought the bitcoin at a time-weighted average price (TWAP) ofSource link
Ledger Introduces Physical ‘Recovery Key’ NFC Backup for Wallets
The spare key is designed to make wallet recovery more easy while still keeping your Ledger wallet secure.Source link
AVAX Gains 8%, but Faces Short-Term Resistance
Avalanche’s AVAX has surged 8.2% in 24 hours, climbing from $16.29 to $18.50, establishing strong support at $18.03, but facing resistance at the $18.47-$18.50 zone, according to CoinDesk Research’s technical analysis model.The CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, memecoins and exchange coins — has risen 6.3% in the same period of time.Technical Analysis• The price action formed a clear uptrend with higher lows establishing support at $18.03, while significant volume spikes at the $17.40 and $18.07 levels confirmed strong buyer interest.• A notable resistance zone emerged around $18.47-$18.50, where profit-taking occurred after the initial surge, though the asset maintained most of its gains and appears poised for further upside if it...
President Trump Meme Coin Jumps as He Begs Israel Not to Break Ceasefire Deal
Iran and Israel have continued to fire missiles at each other despite a ceasefire agreement that President Trump wants to uphold.Source link