Institutional crypto over-the-counter (OTC) trading volumes surged 106% in 2024, driven by Donald Trump’s election win and demand for US spot crypto ETFs. The fourth quarter saw significant increases in Bitcoin, Ether, and stablecoin trading, reflecting a growing acceptance of crypto among traditional finance leaders. As the market matures, altcoin trading volumes also rose, with Litecoin leading among institutional investors.
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January 9, 2025 | 12:05Litecoin
21 posts last weekLitecoin (LTC) is a peer-to-peer cryptocurrency that enables fast and low-cost transactions on a decentralized blockchain network, by some considered a digital silver counterpart to Bitcoin.
Litecoin Account Hacked to Promote Fake LTC Coins on Solana Platform
A hacker briefly accessed Litecoin’s X account, falsely claiming that LTC was now available on the Solana platform and promoting a scam token linked to it. The unauthorized posts were quickly deleted, and the Litecoin team is investigating the breach. Despite the incident, LTC’s price remained stable at $104.10, reflecting only a slight increase.
read moreLitecoin Price Declines Amid Uncertainty Over ETF Approval Prospects
Litecoin’s price has dropped 22% to $94.89 amid declining expectations for spot ETF approvals, now at just 24%. While some analysts remain hopeful for future approvals due to Litecoin’s connection to Bitcoin, concerns linger over institutional interest and overall ETF performance in the crypto market.
read moreAave and Litecoin Show Promise as BlockDAG Mining Gains Momentum
Aave’s revenue is on the rise, with a notable increase in transaction volume and a significant wallet movement indicating growing enthusiasm, potentially surpassing the $525 mark. Meanwhile, Litecoin shows bullish signs for a price rebound, supported by technical analysis and discussions around a potential ETF. BlockDAG’s X Series Miners are in high demand, with over 15,300 units sold for $6.2 million, positioning it as a strong contender in the crypto market, aiming for a $1 valuation by 2025.
read moreLitecoin Recovers Account After Hack Promotes Fake Token on Solana
Litecoin’s official X account was briefly hacked, leading to the promotion of a fake token on the Solana network. The team quickly regained control and deleted unauthorized posts, warning followers about the scam. This incident highlights the rising threat of cyber fraud in the cryptocurrency space, emphasizing the need for enhanced cybersecurity measures.
read moreTop Cryptocurrencies to Invest in This Week Qubetics Cardano Litecoin and More
This week presents exciting investment opportunities in the cryptocurrency market, highlighting Qubetics, Cardano, Litecoin, Terra Classic, and Aptos. Qubetics is revolutionizing tokenized assets with a presale raising $9.2 million, while Cardano focuses on sustainability and scalability. Litecoin offers efficient peer-to-peer transactions, Terra Classic is revitalizing its ecosystem, and Aptos showcases innovative blockchain technology. Investors should consider these projects for both short-term gains and long-term growth.
read moreLitecoin Account Hacked to Promote Fake Token on Solana Network
Litecoin’s X account was hacked on January 11, with the attacker promoting a fake token on the Solana network. The Litecoin team regained control after the breach, which was linked to a compromised delegated account. This incident is part of a growing trend of account hacks on X, where scammers have targeted various accounts to promote fraudulent tokens and phishing schemes.
read moreLitecoin X Account Hacked to Promote Fake Solana Token
Litecoin’s official X account was hacked to promote a fraudulent Solana-based token sharing the LTC ticker, briefly inflating the scam token’s market cap to $27,000 before it fell to $3,400. This incident highlights a growing trend of targeted phishing attacks on high-profile crypto accounts, with hackers exploiting social media to spread misinformation and scams. Litecoin has not yet commented on the breach.
read moreCrypto ETF Prospects in 2025 Amid Regulatory Changes and Market Volatility
The Trump administration’s pro-crypto stance is expected to catalyze a new wave of altcoin ETFs in 2025, with significant applications for Solana and XRP already filed. Regulatory changes under incoming SEC chairman Paul Atkins may ease approval processes, potentially driving market recovery despite short-term volatility. Bitcoin and Ethereum ETFs continue to dominate the landscape, with BlackRock and Grayscale leading in net assets.
read moreFilecoin and Litecoin Surge Amid Market Optimism and New Investment Opportunities
Filecoin’s price surged by 10.35% in the past 24 hours, driven by increased trading volume and investor interest following its Bithumb listing, contributing to a 22.82% weekly gain. With a market cap of $3.74 billion, optimism for further growth persists, although breaking a key resistance level is crucial for sustained momentum.In addition, Qubetics is gaining attention for its innovative approach to cross-border transactions, currently in its 16th presale stage, while Litecoin has confirmed a bullish breakout, indicating potential for significant gains. Investors are encouraged to monitor these developments closely.
read moreKK MINER Offers Passive Income Opportunities Through Cloud Mining and Affiliate Program
KK MINER offers a cloud mining platform that allows users to earn passive income through various cryptocurrency contracts, starting with a $10 welcome bonus. Investors can achieve stable returns without needing technical expertise, while an affiliate program provides additional earning opportunities through referrals. With enhanced security and professional support, KK MINER aims to simplify financial management for both novices and experienced investors.
read moreTop Cryptocurrencies Expected to Surge in 2025
Litecoin, often seen as Bitcoin’s silver, is currently priced around $102 and is favored for its faster transaction speeds and lower fees. With a solid track record and promising developments on the horizon, it is well-positioned for growth in the competitive cryptocurrency market of 2025. As the landscape evolves, understanding the dynamics of these leading digital assets will be crucial for navigating this exciting space.
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