Litecoin Research Hub | LTC information, history and analysis
Litecoin is an open-source software project built on the Bitcoin (BTC) protocol. This peer-to-peer cryptocurrency allows users to make near-instant payments with meager transaction costs. Litecoin consists of an open-source and distributed global payment network that does not depend on any central or regulatory entity.
Litecoin (LTC) was born on October 7, 2011, and was created by Charles Lee, managing director of the LiteCoin Foundation and a computer scientist, former Google engineer. It is a cryptocurrency designed to help users make payments quickly, securely, and at a low cost by taking advantage of the unique properties of blockchain technology.
Litecoin (LTC) is lagging behind, currently priced at around 81 USD, showing signs of a double-top pattern. If LTC does not hold above 100 USD, declines to the 55-60 USD range could occur.
Analysts anticipate LTC could rise to 175-200 USD in 2025 if it breaks key resistance at 140 USD. In contrast, mixed AI predictions show possibilities ranging from 70-100 USD based on market conditions.
Cassava Technologies, led by Strive Masiyiwa, partners with Nvidia to establish Africa’s first AI factory in South Africa by June 2025. This initiative aims to equip local businesses with advanced AI capabilities to foster innovation and support economic growth.
Market optimism for exchange-traded funds (ETFs) linked to XRP, Cardano (ADA), and Litecoin (LTC) is rising, with probabilities of 87%, 61%, and 68% for regulatory approvals by 2025, spurred by recent legal developments surrounding Ripple Labs.
According to Polymarket, there is an 87% probability that XRP ETF will gain regulatory approval by 2025 due to the SEC’s recent legal retreats. This insight enhances market optimism for cryptocurrency ETFs.
Ripple Labs’ favorable news has bolstered enthusiasm for XRP, while ADA and LTC’s ETF approval probabilities stand at 61% and 68%, respectively. Bitcoin is demonstrating stable trading ranges, indicating potential breakout levels.
Litecoin boasts 77.7% of holders classified as long-term investors, exceeding Bitcoin’s and Ethereum’s figures. However, this strong HODLing sentiment correlates with low short-term profitability.
Currently priced at 90.98 USD, LTC is struggling to recover as it remains below its 50-day and 200-day moving averages. The RSI indicates weakened momentum, potentially trapping LTC in a consolidation phase.
The Litecoin Summit 2025 will feature industry leaders and take place in Las Vegas. Tickets are priced at 84 USD, granting access to talks and networking opportunities, creating a unique experience alongside the Bitcoin Conference.
Charlie Lee will deliver the keynote address, discussing the future of Litecoin and digital currencies. Attendees can look forward to exclusive merchandise and prizes as memorable keepsakes from the summit.
According to Deputy Chairman Anton Gorelkin, only 49.4% of Russian crypto miners are focused on Bitcoin, down significantly. Currently, 8.4% are mining Dogecoin, with Litecoin following at 11.1%.
A new law requires large mining operations to register with the Federal Tax Service, aiming for an estimated 50-60 billion rubles in annual revenue. However, illegal mining activities are reportedly on the rise, especially in Siberia.
Bitcoin ETFs have struggled significantly, nearly erasing their net inflows by March 2025. Positive inflows were recorded for only five days in February, highlighting ongoing investor sentiment issues.
Concerns over Bitcoin ETFs reflect broader market volatility. An increase in Bitcoin’s price failed to mask persistent outflows, with cumulative losses raising red flags among investors.
Asset managers are now shifting focus toward potential altcoin ETFs, including those for Litecoin, XRP, Solana, and Dogecoin, aiming to diversify and boost investor confidence in the crypto market.
Litecoin (LTC) faced a significant decline of 12.75% over the past week and 36.61% monthly, indicating a challenging market for investors. However, whale accumulation has positively impacted LTC, leading to a 2% price increase in just 24 hours.
Currently, spot traders exhibit a neutral position, with no LTC traded in the last 24 hours, which reflects market exhaustion. Meanwhile, whale transactions maintain a high volume, with significant holdings indicating confidence and influence.
If LTC can reclaim the consolidation level at 99.46 USD, further upward momentum may result, potentially driving prices toward 135 USD. A positive funding rate of 0.0063% among derivative traders suggests bullish sentiment in the market.
The SEC has delayed decisions on multiple ETF applications for cryptocurrencies, specifically XRP, Solana, Litecoin, and Dogecoin. This decision may reflect an effort to address internal changes and criticisms regarding its pro-crypto approach.
Despite delays, the SEC recognized new applications, including those for XRP and Dogecoin, indicating a complex decision-making process. Analyst James Seyffart expressed that while the postponements are expected, they may not significantly alter approval odds in the long run.
Litecoin’s hash rate reached an all-time high, reflecting robust miner engagement. As the price dropped to 94 USD due to profit-taking, key on-chain metrics suggest decreasing selling pressure, which may support price stability.
With the Stochastic RSI indicating that LTC might be undervalued, there are hints of possible upward momentum. Furthermore, reduced LTC exchange reserves indicate investors are retaining their holdings, enhancing market confidence.