Litecoin Whales' Buying Spree: Will It Impact LTC's Future?
Litecoin whales have amassed $230 million worth of LTC in a buying frenzy, signaling confidence and potentially a bullish trend for the cryptocurrency.

Litecoin whales have amassed $230 million worth of LTC in a buying frenzy, signaling confidence and potentially a bullish trend for the cryptocurrency.
Litecoin (LTC) whales accumulate 2,751,633 LTC in 30 days, peaking on May 10 with over 900,000 LTC. This suggests strategic positioning and growing confidence in LTC's future. Implications include a potential bullish trend and market influence.
Litecoin (LTC) reaches 5 million long-term holders, signifying widespread adoption. Recent growth, profitability insights, and origins highlight its appeal. Despite challenges, LTC's milestone underscores enduring community acceptance.
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LTC faces bearish signals with declining active addresses and transactions, possibly leading to price adjustments. Death cross signals potential corrections, with support at $83 and further downside towards $72. However, if LTC reverses the trend, it could aim for $95 resistance.
LTC climbs to $96.44, up 21% in a week. Potential correction signals, but $1.8B volume indicates sustained interest. LTC aims for $150. SMOG, with 100,000 holders, surges 13,000% since Feb. Investors consider LTC stability vs. SMOG's high-growth potential.
Litecoin emerges as top performer in cryptocurrency payments, surpassing Bitcoin, Ethereum, and Dogecoin according to Bitpay. With 41.76% transaction count dominance, Litecoin sees ATH. This milestone could reignite interest and boost its growth despite modest price gains.
Ahead of Bitcoin's upcoming halving, Litecoin's trading volume decreases, raising concerns among investors about its future performance amidst uncertainties. Meanwhile, KangaMoon disrupts the meme coin space with its innovative play-to-earn model, bridging gaming and social-fi elements, presenting a lucrative investment opportunity with its Stage 1 presale price and promising growth potential upon exchange listing in Q2 2024.
This confirmation came after reports emerged on November 1st that BCH had disappeared from the trading support list on the EDXM website.
CoinEx is poised to reinstate deposit and withdrawal services to its user base after it grappled with the aftermath of a $70M hack, attributed to compromised hot wallet private keys.
President Trump is urging Elon Musk to take a more aggressive stance on government inefficiencies, praising his success with D.O.G.E. Under Musk’s implementation of Trump’s mandate, federal job cuts and increased accountability are on the horizon.
Two young smugglers were arrested in Busan for trafficking over 7kg of drugs, including marijuana, after being recruited by a drug lord via a Telegram channel. The drug lord used cryptocurrency payments to avoid detection and instructed the smugglers through encrypted messages.
SBF tweeted from prison, commenting on layoffs and aligning with D.O.G.E. policies, referencing Trump’s worker firings. His post sparked a Crypto Twitter storm, with many questioning how he tweeted and mocking his attempt to stay relevant. Though unrelated to FTX, the tweet briefly boosted FTT’s value. Could this be SBF's bid for a pardon?
Michael Saylor proposed a Bitcoin reserve strategy to help reduce the U.S. national debt, suggesting the government acquire 20% of Bitcoin’s total supply. His plan includes regulatory changes to encourage digital asset innovation and reduce compliance costs for issuers.
Upbit, South Korea’s largest crypto exchange, faces a three-month suspension for regulatory violations, including failure to meet anti-money laundering and KYC standards. The suspension, affecting new users, follows an investigation that revealed over 44,000 AML breaches and poor customer verification practices.
Thailand has seen a histroic rise in scam calls and SMS fraud, totalling 168 million in 2024 compared to the year prior. This surge prompted authorities to intensify their crackdown on cyber fraud operations across Southeast Asia.
Chainflip introduced an upgrade to block illicit funds linked to the Bybit hack, protecting its platform and liquidity providers. The protocol now uses enhanced screening tools to prevent hackers from using its services to launder stolen assets.
Hamster Kombat launches Hamster Network, a gaming-focused Layer-2 blockchain on TON, offering scalable, low-cost Web3 gaming infrastructure. Built on TON’s secure Layer-1, it supports dApps, a wallet, bridge, and DEX. Can this expansion revive its past hype and sustain relevance?
Bybit has launched a website to track wallet addresses linked to the Lazarus Group after hackers stole over $1.4 billion in crypto. The exchange is offering a 5% reward from frozen assets to users who help identify and freeze stolen funds. Will this crowdsourced effort succeed or fall short?
Claude 3.7 Sonnet, an AI model from Anthropic, is playing "Pokémon Red" live on Twitch, overcoming challenges and making strategic decisions. Unlike earlier versions, it has successfully defeated three Gym Leaders, showing significant progress in AI's ability to solve problems and adapt to new situations.