ChainCatcher news, The ETF Store president Nate Geraci pointed out that from the perspective of ETF competition, if Canary's Litecoin ETF can be approved before the SOL and XRP spot ETFs submitted by well-known issuers like VanEck and Bitwise, it will be a significant breakthrough.Although Canary has not yet launched any ETF products, its early positioning in Litecoin and Hedera (HBAR) ETFs may bring significant advantages.

ChainCatcher news, mining company BIT Mining stated that its efforts in mining Dogecoin and Litecoin are significantly more profitable than just mining Bitcoin. BIT Mining previously only mined Bitcoin, and on December 4, the company announced its entry into the Dogecoin and Litecoin markets, proving that its profits are nearly three times higher than mining BTC alone.The company reported that as of November 27, it had mined 227 million DOGE, worth 94.8 million USD, and 84,485 LTC, worth 10.7 million USD.

ChainCatcher news, the official Litecoin X account (@litecoin) stated, "Given the current market conditions, LTC is now recognized as a Meme coin."According to OKX market data, LTC briefly reached 85 dollars during its rise.

According to ChainCatcher news, Fox Business reporter Eleanor Terrett disclosed that Litecoin (LTC) founder Charlie Lee stated in an interview with Fox Business Channel, "I am glad to see Canary Capital submit a Litecoin ETF application. We are indeed seeing a lot of institutional demand for Litecoin. The daily growth of the Grayscale Litecoin Trust clearly shows institutional demand, with its price currently more than twice the net asset value. Given that Litecoin is a commodity very similar to Bitcoin, I hope to see the Litecoin ETF approved soon."Previous news, ETF issuer Canary Capital has submitted a registration application for the Litecoin ETF to the SEC.

ChainCatcher news, Hashkey Global announced the launch of USDT perpetual contracts for ARB, COMP, and LTC. Users can now trade ARB/USDT, COMP/USDT, and LTC/USDT index contracts, with each contract having a face value of 1 ARB, 1 COMP, or 1 LTC, and a minimum price fluctuation of 0.0001. Traders can use up to 10x leverage. The funding fee cap is ±0.75%, and it is settled every 8 hours. The platform offers 24/7 uninterrupted trading services.

ChainCatcher message, Binance Pool officially launches Bellscoin (BEL) merged mining. Users can earn rewards in LTC, DOGE, and BEL by mining Litecoin (LTC).

ChainCatcher news, according to the official announcement, considering market reasons and user demand, OKX plans to gradually stop the generation of XRP and LTC coin-margined and USDT-margined futures contracts in the near future, and will officially delist XRP and LTC futures contracts at 4:00 PM on December 27, 2024. This delisting applies to the web, mobile, and API. The specific plan is as follows:No new weekly futures contracts will be generated starting from June 21, 2024 (UTC+8);No new quarterly futures contracts will be generated starting from September 27, 2024 (UTC+8);Contracts that are already live for trading will not be affected, and users can trade normally.

ChainCatcher news, according to coingecko data, PEPE's market capitalization has exceeded 6.5 billion USD, surpassing LTC (with a market cap of approximately 6.36 billion USD), ranking 22nd in the cryptocurrency market capitalization leaderboard. Its token has risen by 13% in the last 24 hours, currently priced at 0.00001548 USD.

ChainCatcher news, according to IntoTheBlock monitoring, Litecoin whales have accumulated 2,751,633 LTC in the past 30 days. On May 10, these addresses had a net inflow of over 900,000 LTC, the highest daily inflow since February.

ChainCatcher news, according to Whale Alert monitoring, 350,000 LTC (approximately 28.04 million USD) was transferred from an unknown wallet to a new unknown wallet.

ChainCatcher news, Bitmain announced on platform X that the Antminer L9 will be released in May, supporting LTC, DOGE, and BEL mining, with a power consumption ratio of 0.21J/M.

ChainCatcher news, according to the official announcement, the Binance futures platform will launch the LTCUSDC and NEARUSDC perpetual contracts on April 11, 2024, at 15:00 (UTC+8) and April 11, 2024, at 15:15 (UTC+8) respectively, with a maximum leverage of 75 times and 50 times.

ChainCatcher news, HashKey Exchange announces the upcoming launch of Litecoin (LTC), with deposits and withdrawals now open. Trading will open on January 12, 2024, at 16:00, with the supported trading pair being LTC/USD, available only for professional investors.

ChainCatcher message, according to Whale Alert monitoring, 423,003 LTC (worth $29,890,194) was transferred from an unknown wallet to an unknown wallet.

ChainCatcher news, according to a report by Fortune magazine, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler stated during a 2018 event for institutional investors focused on cryptocurrency hosted by Bloomberg and Fidelity that "Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH) are not securities." (source link)

ChainCatcher news, Binance will launch the ADA/TUSD, LTC/TUSD, and TUSD/BUSD trading pairs on May 31 at 16:00. The Binance spot grid will open spot grid trading within 48 hours after the launch of the ADA/TUSD, LTC/TUSD, and TUSD/BUSD spot trading pairs. (Source link)

ChainCatcher news, Litecoin community members have proposed the LTC-20 experimental standard, modeled after Bitcoin's BRC-20 standard, and experimental tokens are now online. The standard's publisher stated that this is not an official standard and does not recommend making any community financial decisions based on it. (Source link)