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$MNT has been in an uptrend since last year 🔥 The daily chart shows consolidations in form of 5-wave triangles. These triangles appear before and after each pump. The current triangle appears nearly complete, having just formed wave E. Breaking out of the triangle could send it to new ATHs 🚀

Litecoin emerged as a top contender for an ETF approval in 2025. Market insiders suggest that the odds are highly favorable, with expectations of a 90% chance for an LTC ETF to launch this year. This optimism is fueled by several key factors that set Litecoin apart from other cryptocurrencies vying for ETF status. One of the main reasons for Litecoin’s strong position is its regulatory standing. Unlike some other crypto assets, Litecoin has not been classified as a security by the SEC, which significantly smooths the path for ETF approval. Additionally, the SEC has already acknowledged filings related to Litecoin, a positive sign considering that proposals often get withdrawn when the agency isn't ready to consider them. The regulatory environment remains complex, with ongoing legal battles affecting other major cryptocurrencies. However, Litecoin’s clear status and prior acknowledgments from the SEC reduce potential roadblocks. Although nothing is ever guaranteed in the world of crypto regulations, Litecoin's track record and the SEC’s current stance provide a strong foundation for optimism. Despite the high odds, challenges remain. The SEC continues to express concerns about market manipulation and custody risks, which apply to all crypto ETFs, including Litecoin. These factors contribute to the cautious approach regulators take before granting approvals. The SEC’s 240-day review period for Litecoin ETF proposals is set to conclude in early October 2025. Until then, the crypto community will be watching closely, as the approval of an LTC ETF could be a game-changer, potentially driving significant investment inflows and boosting Litecoin’s market position. Currently, the price of Litecoin is consolidating between a price of $100 and $130. Despite this big range, many investors are buying close to the $100 price mark and selling around the $130 price mark. This sideway trend is perfect for swing trading, however occasional fakeouts did occur. LTC/USDT 1-day chart - Bitget If Litecoin breaches the $100 price mark lower with Bitcoin making lower lows, Litecoin is expected to drop in prices further, reaching the support price of $90 and then $80 if the crash was a harsh one. On the other hand, a break of the $130 rice mark higher can send Litecoin price towards $150. The $200 price mark is not far fetched and can indeed happen, provided the ETF news materializes. This would send Litecoin's market cap to around $17.6 Billion, up from the current market cap of $8.8 Billion.

Cardano (ADA) is starting to look seriously interesting to crypto watchers, with investor spirits up for a potential rally. Crypto analyst Ali Martinez has gone on record saying Cardano is showing signs of breaking out and even thinks the price could jump to $0.83 if momentum holds up. Santiment’s on-chain data is painting a pretty bullish picture for Cardano’s price growth . The market value of ADA has jumped by a solid 11% in just the last day, which is pretty impressive when you consider most other cryptos have been heading south. This difference really shows that Cardano’s price action has some serious strength behind it. Related: Staked Cardano ETP Goes Live on Nasdaq Helsinki via Virtune Additionally, big-time investors, the ones with massive wallets, have been steadily adding to their Cardano stashes since last November, and are still ongoing. Wallets with at least 1 million ADA have collectively piled up 1.41 billion tokens – that’s a substantive 2.35% of all the ADA out there. This kind of consistent buying from the whales strongly suggests they’re feeling more and more confident about Cardano, and it definitely adds weightage for such breakout predictions. Plus, if institutional demand keeps climbing, Cardano could be in a prime position for a real price takeoff. The push for an ADA ETF has further fueled positive sentiment. Grayscale’s recent filing with the New York Stock Exchange (NYSE) marks a significant milestone in advancing crypto-backed exchange-traded products. The increasing demand for crypto ETFs reflects a broader trend of institutional adoption, with Cardano emerging as a key player in this evolving landscape. Grayscale’s move aligns with growing interest in diversifying crypto investment options. If the ETF secures regulatory approval, Cardano could attract significant institutional inflows, potentially accelerating its price surge. At press time, Cardano trades at $0.7749 , with a 24-hour trading volume of $1.41 billion. Related: Cardano’s Major Upgrade: Will the Plowman Hard Fork Send ADA to $13? The price did dip 2.50% in the last 24 hours but remains nearly 1% higher than last week. With 36 billion ADA in circulation, the total market value is around $27.86 billion. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

zklend officially admitted that it had been hacked, saying that the hacker could keep 10% of the funds as a white hat bounty and send the remaining 90% (3,300 ETH) back. After receiving the transfer, it agreed to waive any and all liability related to the attack. The withdrawal…

The post Litecoin Gains Big as Accumulation Continues to Surge: What to Expect from LTC Price Next? appeared first on Coinpedia Fintech News Litecoin has made a strong comeback. In just one week, its price bounced back, recovering all its recent losses and climbing above $110. This recovery has almost balanced out its performance for the year. With the rate of accumulation still increasing, there’s a good chance Litecoin’s price could rise even more soon. Litecoin’s Weekly Whale Volume Rises Over the past week, Litecoin’s price has surged by over 15%, breaking through key resistance levels. In the last 24 hours alone, nearly $3 million worth of positions were liquidated, with sellers accounting for around $2 million of that total. One possible reason for Litecoin’s price increase is growing speculation that the U.S. Securities and Exchange Commission (SEC) may soon approve a spot Litecoin ETF. The SEC recently acknowledged a proposal from Canary Fund for such a product, boosting investor confidence. Also read: Nasdaq Pushes for CoinShares’ XRP and Litecoin ETFs – Will the SEC Approve? Many in the crypto market now expect an approval before the end of 2025. Some analysts believe this price surge could mark the beginning of a larger upward trend for Litecoin. Experts believe that if upcoming Litecoin exchange-traded funds (ETFs) are as popular as Bitcoin ETFs, they could see inflows of up to $580 million. Currently, about 6% of all Bitcoin is held in various ETFs. If Litecoin achieves a similar level of investment, it could attract more than $500 million into LTC ETFs. According to IntoTheBlock’s recent analysis, the net inflow of Litecoin from major holders has jumped by 103% over the last week. This surge indicates that institutional investors and big players are likely stocking up on Litecoin, possibly in anticipation of an upcoming price rally. Historically, such accumulation by “whales” usually leads to a price increase as the available market supply drops and demand picks up. What’s Next for LTC Price? The return of Donald Trump to the White House and the potential approval of spot LTC ETF have triggered a buying demand for Litecoin. The price of Litecoin is currently holding buying demand above the immediate Fib level of 23.6% channel. Currently, the Litecoin price is at $121, having surged over 11% in the last 24 hours. The LTC/USDT trading pair is breaking above resistance levels, showing strong buying pressure from bullish traders. LTC is now aiming for a skyrocketing rally toward $135. However, it might face strong selling pressure around that level. On the other hand, if the price rejects the current rally, it might drop to the support level of $110 for a retest. A decline from this level might send the price toward $100. With the Relative Strength Index (RSI) remaining around the overbought region at level 74, there could be a slowdown in the current upward rally. Should the price stabilize above $120, it could shift the advantage to the buyers, potentially driving the price up to $135.