Category: Cryptocurrency News

Ethereum developers and the community need to create potential user-interface animations that demonstrate how L2 interoperability will make Ethereum feel like one unified chain. Right now, fragmentation is a major criticism—but a clear, visual roadmap can change that. By showcasing the end-user experience, investors and traders can see how seamless transactions will be compared to…
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New legislation in the House and Senate seeks to regulate stablecoins, enforcing strict reserve requirements, banning tech giants from issuing them, and cracking down on offshore loopholes. New Bills in House and Senate Seek to Establish US Stablecoin Regulations The U.S. House Committee on Financial Services Democrats announced on Feb. 10 the introduction of a […]

Blockchain metrics firm Glassnode has released data showing that circulating stablecoin supply has skyrocketed to roughly $211.2 billion since the beginning of the year, a $17 billion increase in less than two months. The current rate of increase in the supply is roughly $541 million per day, according to the firm. Specific tokens that were […]

Franklin Templeton has registered a “Franklin Solana Trust” in Delaware, indicating it may soon file for a spot Solana ETF alongside a host of other bidding issuers.

Ricardo Salinas, one of the wealthiest men in Mexico, has criticized Europe’s stance on cryptocurrency, comparing it to a museum and a zoo. In a recent interview on Lunaticoin’s podcast, Salinas stated that Europe was a museum because nothing happened there and there was no investment. Salinas also compared it to a zoo that kept […]

Litecoin has experienced a strong bullish surge in recent days, climbing over 30% since last Friday. This impressive rally has positioned Litecoin as one of the top-performing altcoins during a period of market uncertainty. Analysts and investors are now speculating about the potential for a massive breakout in the coming weeks as Litecoin continues to show relative strength compared to other cryptocurrencies. Related Reading: Cardano Is Showing Signs Of A Potential Rebound As Key Indicator Flashes A Buy Signal – Analyst Top analyst BigCheds shared a detailed technical analysis, revealing that Litecoin is approaching daily range peaks and gearing up to test multi-year highs around the $145 mark. This key resistance level has been a critical zone for Litecoin in previous cycles, and breaking above it could signal the start of a significant upward trend. Litecoin’s recent momentum has caught the attention of both retail and institutional investors, who are watching closely for signs of a confirmed breakout. With the broader market still consolidating, Litecoin’s ability to outperform could set the stage for a bullish continuation, potentially taking the price to new heights. As the crypto market braces for its next move, Litecoin’s price action remains a focal point for traders. Breaking past the $145 level would solidify its bullish narrative and pave the way for further gains. Litecoin Prepares For A Breakout Litecoin has shown impressive relative strength, surging over 30% in the past week, while the broader market continues to face indecision. This notable performance has captured the attention of analysts and investors, with some expecting Litecoin to lead a bullish rally that could break multi-year highs and push into higher supply levels. However, caution remains among market experts, as the current price action could result in a fake breakout. Top analyst BigCheds shared a technical analysis on X, revealing that Litecoin is approaching daily range peaks. According to him, the key level to watch is around $145, a critical resistance zone that has acted as a barrier in the past. BigCheds stated that while the price momentum is promising, he remains skeptical until Litecoin can decisively clear this level and hold it as support.  The next few days will be crucial for Litecoin as altcoins across the market are finding support, and Bitcoin flirts with reclaiming the $100K mark. If Litecoin can sustain its momentum and break above the $145 level, it could solidify its position as one of the leading altcoins in the current market cycle. Conversely, failing to clear this key level could lead to a retracement, testing lower support zones. Related Reading: Ethereum Holds Multi-Year Bullish Pattern – Expert Suggests The Next Move Will Be ‘The Real Deal’ As the market watches closely, Litecoin’s ability to hold above recent gains and break past resistance will likely dictate its direction in the coming weeks. Whether this move is the start of a bullish rally or another fake-out remains to be seen, but its price action is undoubtedly setting the stage for significant market moves. LTC Testing Crucial Supply Levels Litecoin (LTC) is trading at $127 after experiencing a strong bullish surge, climbing over 23% in less than two days. The recent price action has been impressive, as LTC reclaimed range highs and successfully pushed above the critical $120 mark. This move has shifted market sentiment, placing significant pressure on bears as the price approaches the next key resistance zones at $140 and $145. The $140 and $145 levels represent crucial supply zones that have historically acted as barriers to further upward movement. A breakout above these levels would not only signal a continuation of the bullish trend but also set the stage for Litecoin to test its multi-year high at $147. Analysts believe that reclaiming and holding above this level would trigger a massive rally, potentially propelling LTC into uncharted territory. Related Reading: Solana Holds Support Above Key Indicator – Expert Sees Push To ATH If Momentum Returns However, the coming days will be critical for Litecoin’s price trajectory. Bulls need to maintain momentum and defend current levels to sustain this upward move. If LTC successfully breaks above $147, it could attract more buyers, fueling further gains. Conversely, failing to clear these resistance levels could lead to consolidation or a minor retracement before another attempt at a breakout. All eyes are now on Litecoin as it approaches a decisive phase. Featured image from Dall-E, chart from TradingView

Ukraine is set to fully legalize cryptocurrency by mid-2025, according to Danilo Getmantsev, Chairman of the Committee on Finance, Tax, and Customs Policy. Legislation for Crypto Regulations Near Approval in Ukraine Ukraine is preparing to officially legalize cryptocurrency by the summer of 2025, marking a major step toward integrating digital assets into its financial system. […]

Representative Stephen Lynch said he worries that without proper crypto regulation, lawmakers are “[inviting] the next financial disaster.”