Litecoin news

The SEC has pushed back its decision on the Grayscale Hedera Trust to a new deadline of November 12. On the same day Grayscale filed updated registrations for its Bitcoin Cash and Litecoin trusts, both of which will seek listing on NYSE Arca. The firm also filed an S‑1 for a new Hedera trust that would trade under ticker HBAR, pending Nasdaq’s request to allow its exchange listing. The SEC normally has 180 days to decide a rule change and may add a 60‑day extension to review comments or amendments. This delay echoes a broader pattern, as the commission has extended deadlines for other crypto ETFs, leaving more than 90 applications waiting for action.

Litecoin’s official X account and crypto influencer Benjamin Cowen traded banter on Friday, mocking each other’s market‑cap references and chart patterns. Cowen said Litecoin’s cap reminded him of the Great Recession, to which the team replied with tongue‑in‑cheek remarks about head‑and‑shoulders and a “No need for” clip. The exchange attracted comments from the Dash community, with its feed joking that a price chart alone proves a point, and Cowen fired back at the altcoin. Traders have responded by taking a bullish stance, with Bitcoin trader Tyler Durden announcing an immediate LTC purchase. Litecoin remains down about 73 % from its May 2021 peak, but has rallied roughly 69 % over the past year. The feud coincides with fresh ETF interest, as Grayscale filed for a Litecoin ETP on the NYSE Arca and Canary Capital submitted a spot‑LTC ETF registration last October.

Litecoin's X account posted a sarcastic comparison of XRP to rotten eggs, suggesting its promotion as a banking solution misleads retail investors. The comment sparked a strong backlash from the XRP community, with some users hinting at legal action and highlighting XRP's presence at a White House crypto roundtable, a milestone Litecoin lacks. In response, Litecoin said the remarks were part of a broader series of roasts aimed at various blockchain projects, including its own Solana, and that it intended the post as satire rather than hostility. The XRP community accused the tweet of being dismissive and inflammatory, while also drawing attention to the stark differences in market cap rankings and policy outreach between the two projects. Litecoin’s clarification came after weeks of mixed reactions to satirical posts, underscoring the ongoing rivalry that often plays out in social‑media arenas.

Canadian crypto infrastructure company Luxxfolio filed a shelf prospectus to raise up to CAD 100 million (≈US $73 m) as it shifts from Bitcoin mining to a Litecoin‑based treasury strategy that targets 1 million LTC by 2026. The firm billed Litecoin as a “hard currency” that could anchor its growing treasury and ecosystem footprint, giving it flexibility to scale infrastructure and meet market demand. However, Luxxfolio posted no revenue and a Q2 net loss of $197 k, with cumulative losses near $19 m and only $112 k cash after a $844 k private placement, raising doubts about continued operations without fresh capital. Industry observers note that institutional appetite for alt‑coin treasuries like Litecoin hinges on deploying usable infrastructure and compliance pathways rather than passive holdings. Luxxfolio’s move reflects a trend of firms seeking to replace speculation with utility amid concerns over bubble risk.

Litecoin has warned that the age of truly decentralized, pre‑mine‑free proof‑of‑work (PoW) coins has ended, pointing to rising centralisation and new attack risks. The Monero 51 % attack on August 12, 2025—where a single mining pool reorganised six blocks and orphaned about 60—temporarily threatened the network, forced Kraken to halt deposits, and drove the price down more than 13 % in a week, underscoring vulnerabilities when mining power is thin. Proof‑of‑stake systems, while energy‑efficient, have become increasingly dominated by a handful of stakeholders, with studies showing 60 % of Ethereum stakes held by five entities, raising concerns about governance capture. Litecoin stresses that Bitcoin and Litecoin, with fixed supplies and widespread PoW miner distribution, remain the only true “freedom money” capable of resisting co‑option. As of 1:04 pm UTC on Aug 17, 2025, Litecoin trades at $… and ranks 19th by market cap.

Bitcoin has slipped back toward $113k after a brief rally above $115k, with bears targeting the 50‑day SMA at $112,395 and threatening a drop toward $110,530. Institutional investors pulled $323.5m from U.S. spot ETFs, but corporate treasuries bought over 600 BTC; Ethereum’s ETF outflows hit a record $465m. If Bitcoin stays above $112k, bullish patterns could energise altcoins; Litecoin may rise to $140, while Cronos, Ethena and Mantle have upside on their 20‑day SMAs. Cronos could reach $0.19 if it breaks $0.15, Ethena might hit $0.96 after the dip past $0.70, and Mantle could aim for $1.15 after breaching $0.85. A fall below the key support levels—Bitcoin below $110k, Litecoin under $120, or any altcoin breaking its SMA—would prompt sharp retracements to lower support.

Bitcoin slipped below the $115,000 level after a brief rally, with bears now targeting the $112,000 area – the 50‑day SMA – as support. Institutional fund flows reflected a $323 million net outflow from spot Bitcoin ETFs on Monday, while corporate treasuries added more than 600 BTC, treating the dip as a buying opportunity; Ether followed a similar pattern with record ETF outflows of $465 million but on‑chain whale purchases. If Bitcoin can hold the 50‑day SMA, charts suggest a short‑term rally for a handful of altcoins—Litecoin, Cronos, Ethena, and Mantle—all of which sit near bullish SMA levels. Litecoin may push toward $130, Cronos toward $0.19, Ethena toward $0.96, and Mantle toward $1.15, but a breach below those supports could pull the pairs back to lower SMAs and stall the gains.

Litecoin surged to a five‑month high of $128.40 on Tuesday, marking a 5.8% gain in 24 hours and a 12.3% rise over the week, giving the asset a market cap of about $9.4 billion. The rally is riding optimism that an LTC ETF could be approved this year, with Polymarket assigning an 80 % probability and recent filings from Canary Capital, Grayscale, and CoinShares tightening the case. CoinGate data shows Litecoin now holds the second‑largest share of crypto payments at 14.5%, reinforcing growing merchant adoption. A key corporate catalyst is MEI Pharma’s $100 million private placement that converts the pharmaceutical company into a Litecoin treasury, trading 29.2 million shares at $3.42 each. Analysts argue the MEI investment may open the door for additional corporate treasury allocations, potentially sustaining the current price momentum amid the ETF buzz.

Litecoin surged to a four‑month high of $125, up 9% on the day, matching the peak first seen in early March, while trading volume climbed 210 % to $1.7 billion, making it the top weekly gainer with gains over 15 %. Adoption has accelerated, with CoinGate reporting Litecoin as the second‑most used crypto‑payment and the MWEB balance approaching 170,000 LTC, signalling rising demand. Analysts highlight institutional interest tightening supply, permanent lock‑ups, and undervaluation relative to Bitcoin, projecting that a $500,000 Bitcoin could lift Litecoin to $25,000 and a $1 million Bitcoin could push it to $100,000. On the technical side, a 100/200 EMA golden cross and a short‑term target near $150 have emerged, though the lofty levels remain speculative. Investors are advised to conduct thorough research before committing.

The U.S. Securities and Exchange Commission today postponed action on several crypto‑exchange‑traded fund filings, including Truth Social’s Bitcoin ETF, Grayscale’s Solana ETF, Canary Capital’s Litecoin ETF, and VanEck’s AVAX ETF. Under the new leadership the Commission has not accelerated approvals, instead extending deadlines to “allow sufficient time to consider the proposed rule change.” The latest postponement sets September 18, 2025, as the deadline for a decision on the Truth Social Bitcoin proposal, illustrating the agency’s pattern of delays for altcoin‑based ETFs. Analysts say the delays reflect the SEC’s desire to build a more comprehensive legal framework rather than outright rejection. Despite these setbacks, market observers remain optimistic, noting the Commission’s ongoing interest in streamlined application processes that could accelerate future approvals. Overall, prospects for a broader suite of crypto ETFs remain bullish, even as individual products face extended review periods.