London, UK, December 19th, 2024, Chainwire As cryptocurrency adoption expands, so do the associated risks, including physical threats targeting crypto holders. Traditional wallets often lack safeguards to address real-world coercion scenarios. Addressing this challenge, Deus Wallet introduces a new feature: Duress Mode. This technology, integrated into Deus’s non-custodial framework, provides an added layer of security to help safeguard cryptocurrency assets and user safety in high-risk situations. The Issue: Crypto Security Is More Than Digital While digital security has advanced with multi-signature wallets, biometric authentication, and hardware devices, physical security remains overlooked. Criminals have adapted their tactics, targeting crypto holders. Considering Real-Life Examples: 2022, London: Criminals broke into a businessman's home and extorted $1.1 million in Bitcoin at gunpoint. 2023, New York: A crypto trader was kidnapped and forced to transfer $400,000 while held captive. 2021, Bangkok: A prominent investor managing millions in crypto was ambushed by an international gang and coerced into transferring $2.7 million. In each case, victims lacked the tools to mitigate risks under pressure. Standard wallets provide no "last line of defense" for these real-world threats. Deus Wallet: Next-Level Protection Deus Wallet tackles this vulnerability with its non-custodial structure and Duress Mode. This approach allows users to retain full control over their assets while incorporating an additional security measure designed to address specific risks. Non-Custodial Goal With Deus, private keys are stored exclusively by the user, not on any centralized server. This eliminates third-party risks such as hacking, insider theft, or regulatory overreach. In an era where centralization poses increasing threats, non-custodial wallets offer unparalleled independence and security. Duress Mode was developed with one goal: to protect users in life-threatening situations. The way it works: Duress PIN Configuration: Setting a secondary PIN during wallet setup. Under Coercion: Entering the Duress PIN instead of the regular one. Seamless Decoy: The wallet opens a "fake" account with minimal or no funds, while users' actual assets remain hidden. This feature ensures that attackers see what appears to be the entire wallet balance, without ever suspecting the existence of hidden funds. Deus Wallet is part of a growing movement to rethink cryptocurrency security. As the crypto ecosystem matures, protecting users in both digital and physical spaces is becoming more important. The Bigger Picture: Rising Crypto Adoption: As cryptocurrencies enter mainstream finance, the average user profile shifts from tech-savvy enthusiasts to general consumers, many of whom lack advanced security awareness. Criminal Adaptability: Criminals exploit the pseudonymity of blockchain transactions, knowing that once assets are transferred, they’re nearly impossible to recover. The Security Gap: While solutions like hardware wallets protect against cyber threats, tools like Duress Mode address the issue of physical security. Deus Wallet is at the forefront of this shift, setting a new standard for protecting users and their assets. Key Features of Deus Wallet Non-Custodial Architecture: Full control of private keys ensures users' funds are always theirs. Duress Mode: A revolutionary feature to safeguard assets under physical coercion. User-Friendly Design: Intuitive interface suitable for beginners and experts alike. Advanced Encryption: Multi-layered security protects against cyberattacks. Customizable Settings: Users can define access parameters and Duress Mode triggers according to their preferences. Cross-Platform Compatibility: Available on iOS, Android. In today’s world, digital and physical security go hand-in-hand. Deus Wallet provides a comprehensive solution, ensuring that users' assets and personal safety are never compromised. About Deus Wallet Deus Wallet offers a comprehensive platform for storing and managing cryptocurrencies and NFTs, featuring tools to track account activity and streamline asset management. By integrating multiple functionalities, Deus Wallet eliminates the need to navigate several decentralized platforms. With a focus on user-friendly design, Deus Wallet balances simplicity and functionality, making it a practical choice for those seeking efficient and accessible solutions. Trusted by users in over 166 countries, Deus Wallet serves a broad audience, including individuals and enterprises, across five continents. Deus Wallet is designed to support both new and experienced users, providing tools for secure asset management and streamlined engagement with decentralized finance. Users can visit https://deuswallet.com to learn more about how Deus Wallet is reshaping crypto security for the modern age. ContactPavel DerkachDEUS WALLET APS LTDsupport@deuswallet.com Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
London, UK, December 19th, 2024, Chainwire As cryptocurrency adoption expands, so do the associated risks, including physical threats targeting crypto holders. Traditional wallets often lack safeguards to address real-world coercion scenarios. Addressing this challenge, Deus Wallet introduces a new feature: Duress Mode. This technology, integrated into Deus’s non-custodial framework, provides an added layer of security to help safeguard cryptocurrency assets and user safety in high-risk situations. The Issue: Crypto Security Is More Than Digital While digital security has advanced with multi-signature wallets, biometric authentication, and hardware devices, physical security remains overlooked. Criminals have adapted their tactics, targeting crypto holders. Considering Real-Life Examples: 2022, London: Criminals broke into a businessman’s home and extorted $1.1 million in Bitcoin at gunpoint. 2023, New York: A crypto trader was kidnapped and forced to transfer $400,000 while held captive. 2021, Bangkok: A prominent investor managing millions in crypto was ambushed by an international gang and coerced into transferring $2.7 million. In each case, victims lacked the tools to mitigate risks under pressure. Standard wallets provide no “last line of defense” for these real-world threats. Deus Wallet: Next-Level Protection Deus Wallet tackles this vulnerability with its non-custodial structure and Duress Mode. This approach allows users to retain full control over their assets while incorporating an additional security measure designed to address specific risks. Non-Custodial Goal With Deus, private keys are stored exclusively by the user, not on any centralized server. This eliminates third-party risks such as hacking, insider theft, or regulatory overreach. In an era where centralization poses increasing threats, non-custodial wallets offer unparalleled independence and security. Duress Mode was developed with one goal: to protect users in life-threatening situations. The way it works: Duress PIN Configuration: Setting a secondary PIN during wallet setup. Under Coercion: Entering the Duress PIN instead of the regular one. Seamless Decoy: The wallet opens a “fake” account with minimal or no funds, while users’ actual assets remain hidden. This feature ensures that attackers see what appears to be the entire wallet balance, without ever suspecting the existence of hidden funds. Deus Wallet is part of a growing movement to rethink cryptocurrency security. As the crypto ecosystem matures, protecting users in both digital and physical spaces is becoming more important. The Bigger Picture: Rising Crypto Adoption: As cryptocurrencies enter mainstream finance, the average user profile shifts from tech-savvy enthusiasts to general consumers, many of whom lack advanced security awareness. Criminal Adaptability: Criminals exploit the pseudonymity of blockchain transactions, knowing that once assets are transferred, they’re nearly impossible to recover. The Security Gap: While solutions like hardware wallets protect against cyber threats, tools like Duress Mode address the issue of physical security. Deus Wallet is at the forefront of this shift, setting a new standard for protecting users and their assets. Key Features of Deus Wallet Non-Custodial Architecture: Full control of private keys ensures users’ funds are always theirs. Duress Mode: A revolutionary feature to safeguard assets under physical coercion. User-Friendly Design: Intuitive interface suitable for beginners and experts alike. Advanced Encryption: Multi-layered security protects against cyberattacks. Customizable Settings: Users can define access parameters and Duress Mode triggers according to their preferences. Cross-Platform Compatibility: Available on iOS, Android. In today’s world, digital and physical security go hand-in-hand. Deus Wallet provides a comprehensive solution, ensuring that users’ assets and personal safety are never compromised. About Deus Wallet Deus Wallet offers a comprehensive platform for storing and managing cryptocurrencies and NFTs, featuring tools to track account activity and streamline asset management. By integrating multiple functionalities, Deus Wallet eliminates the need to navigate several decentralized platforms. With a focus on user-friendly design, Deus Wallet balances simplicity and functionality, making it a practical choice for those seeking efficient and accessible solutions. Trusted by users in over 166 countries, Deus Wallet serves a broad audience, including individuals and enterprises, across five continents. Deus Wallet is designed to support both new and experienced users, providing tools for secure asset management and streamlined engagement with decentralized finance. Users can visit https://deuswallet.com to learn more about how Deus Wallet is reshaping crypto security for the modern age. Contact Pavel Derkach DEUS WALLET APS LTD support@deuswallet.com
Bitcoin’s sudden drop below $100,000 during late U.S. hours shook the crypto world, with Dogecoin (DOGE-USD) and other major tokens following suit ...
World Liberty Financial, backed by the family of U.S. President-elect Donald Trump, on Wednesday exchanged about $10 million worth of Coinbase's (COIN) wrapped bitcoin, cbBTC, for rival WBTC. Wrapped bitcoin is a form of the world's largest cryptocurrency that can be used in decentralized finance (DeFi) on blockchains other than Bitcoin. Coinbase introduced cbBTC in September, and in November said it would delist WBTC, citing its listing standards. That action prompted BiT Global, a custodian involved in WBTC, to sue the crypto exchange to prevent the removal. A court ruled against BiT Global on Wednesday . There's one more link in the chain: Justin Sun, the founder of the Tron blockchain and one of CoinDesk's Most Influential 2024 . In its defense, Coinbase cited BiT Global's links to Sun, who has been accused of fraud and market manipulation in the U.S., as an " unacceptable risk ." Sun, who denies the accusations, also became an adviser to World Liberty Financial, a position he gained after picking up a $30 million stake in the platform last month in exchange for WLFI tokens. World Liberty Finance has not explicitly stated its decision to swap the tokens. On-chain data shows it has been active in the market in the past week, picking up millions of dollars worth of Aave (AAVE), Chainlink's LINK and Ethena's ENA tokens, all companies related to it through partnerships or integrations. Sun has little to do with WBTC directly. In August, BitGo, the original and longtime custodian of the bitcoin backing WBTC, said it would distribute control over the project's custody to three entities globally (including BiT Global) instead of just one to help decentralize the operation. BiT Global is registered as a Trust and Company Service Provider (TCSP) in Hong Kong and is a "strategic partnership between BitGo, Justin Sun, and the Tron ecosystem," according to the August release. Sun has no direct or indirect involvement on the cap table of those companies or the listed shareholders of BiT Global, board member Robert Liu said in an October interview Some board members believe Sun’s involvement is actually “good for WBTC,” he said, given the success of Tron, crypto exchange HTX and other businesses. “The Tron blockchain has more than 50% of global market share,” Liu said. “They have the highest turnover rate. So people have no issue putting more than $60 billion of the stablecoin assets circulating on Tron blockchain.”
Web3 entertainment and gaming has seen several iterations and ground-breaking innovations on blockchain. But it still leaves room for further innovation as blockchain’s potential remains underdeveloped. XProtocol has emerged as a phenomenon with its blockchain solution that redefines how users interact with the digital ecosystems. The blockchain possesses a comprehensive entertainment-focused DePIN (Decentralized Physical Infrastructure Network) superchain designed to deliver a whole new experience with blockchain technology. The project’s core mission extends beyond technological advancement but also targets mass audience engagement, democratizing access to Web3 technologies. XForge: A Gateway to Decentralized Rewards At the heart of XProtocol’s innovation is XForge, the world’s first node-operated blockchain DePIN smartphone. This groundbreaking innovation enables users to effortlessly generate passive rewards through decentralized infrastructure, making blockchain benefits tangible and accessible to millions. Users can participate in the DePIN network directly from their phone, earning rewards, airdrops, and other crypto-based incentives. XProtocol’s infrastructure is meticulously designed to solve critical challenges in blockchain adoption: Unprecedented Scalability: The platform can potentially surpass 1000 transactions per second (TPS) Micro-Transaction: Gas fees reduced to millionths of a cent Mass User Onboarding: Engineered to seamlessly integrate millions of new users into the Web3 ecosystem XProtocol focuses on the entertainment and gaming sectors, aiming to be at the cornerstone of the next evolution of digital experiences. The platform seeks to bridge the gap between traditional digital interactions and the emerging Web3 landscape, making blockchain technologies intuitive and valuable for everyday users. Upcoming Exciting Opportunities XProtocol’s native utility token ($KICK) powers the ecosystem with a broad range of essential features. The $KICK token public sale will be live on Fjord Foundry on December 19th–23rd. With this sale, XProtocol offers investors a unique opportunity to participate in a potentially transformative digital entertainment platform. Sale Details: Fixed Sale Price: $0.00875 per token Currency: USDC on Base Network Token Release: 100% on TGE (Q1 2025) Min/Max Allocation: 0 – 400M Sale Market Cap: $3.5M To participate in the sale, visit Fjord Foundry. To make the public sale even more enticing, XProtocol is introducing an exclusive Christmas Gift Campaign that promises significant value to contributors. Investors who contribute $700 or more during the public sale will unlock an extraordinary package of rewards. This includes an XForge smartphone valued at $499 and a FREE Xardian node worth $290. The offer is limited to one per wallet, and free nodes will be claimable one week after the sale through xprotocol.org/xardian-nodes . XProtocol’s Traction The project’s credentials are particularly compelling. As the number one Entertainment & Gaming Superchain on Base, XProtocol has reached 1.5 MAU, boasting a robust infrastructure supported by 10,000 active nodes and over 3,000 DePIN devices. The platform is preparing for an exciting AI Agents Ecosystem launch. With strong support from prestigious investors including Saison Capital, Zephyrus Capital, Dragonfly, and Coinfund, the project stands at the heart of innovation and entertainment-driven blockchain adoption. The project is bringing a whole new suite of solutions to the blockchain ecosystem and revolutionizes how the technology takes entertainment to a new level.
Coinbase, the largest U.S. cryptocurrency exchange by volume, flat out said in a court document filed yesterday that it delisted the wBTC token because of issuer BiT Global’s relationship with Tron founder Justin Sun. In response to a lawsuit over its November delisting of wBTC, the top wrapped bitcoin product on the Ethereum blockchain, Coinbase said in the very first sentence that it acted “due to the unacceptable risk that control of wBTC would fall into the hands of Justin Sun.” On Dec. 18, the judge hearing the case refused to issue a temporary restraining order barring Coinbase from delisting wBTC while the case goes forward. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Bitcoin’s price briefly dropped below $100,000 on Wednesday, hitting a low of $98,839, according to TradingView data. This decline followed the US Federal Reserve’s announcement that it plans to significantly reduce easing measures in 2025. In the past 24 hours, the broader crypto market has also seen over $780.24 million in liquidations. Fed’s hawkish shift surprises markets, driving crypto and stock declines The US Federal Reserve announced that it plans to significantly reduce easing measures in 2025. The Fed proceeded with a 25-basis point rate cut as expected. However, the updated dot plot, a chart showing rate projections from individual Fed members, indicated a 50-basis point increase. This caught markets off guard, which had earlier anticipated a 100-basis point reduction in 2025. The shift spooked markets, sending the 10-year US Treasury yield and the US dollar spiked sharply while cryptocurrencies and stocks took a severe beating. During his press conference, Fed Chair Jerome Powell said : “It’s not unlike driving on a foggy night or walking into a dark room full of furniture. You just slow down.” ~ Jerome Powell Bitcoin is presently trading at $101,393 after paring some losses. Altcoins drop as Bitcoin faces headwinds from Powell’s comments Apart from Bitcoin several altcoins also experienced a significant drop on Wednesday, with Ether plunging 6.5% and XRP falling 12.64%. The GMCI 30 index, which measures the performance of the top 30 cryptocurrencies, fell 7.18% in the last day. Bitcoin’s latest rally has been propelled by U.S. President-elect Donald Trump reaffirming his commitment to establishing a national strategic Bitcoin reserve. Adding to the bullish sentiment states such as Texas, Pennsylvania, and Florida have established bills to form state-backed Bitcoin reserves , amplifying optimism among traders. However, Powell said during a news conference on Wednesday that the central bank is not allowed to hold Bitcoin and is “not looking for a law change,” in response to a question on his view on the U.S. government Bitcoin reserve. Arthur Hayes, former CEO of BitMEX and current CIO of Maelstrom, recently wrote in an article that he anticipates a significant sell-off in the crypto market around Donald Trump’s inauguration in January. He believes investors will begin to recognize the gap between their expectations and the reality of the market. According to Hayes, the market will instantly face the reality that Trump has at best one year to enact any policy changes on or around January 20th. He noted that this realization will trigger a sharp sell-off in crypto and other Trump 2.0 equity trades. From Zero to Web3 Pro: Your 90-Day Career Launch Plan
Bitcoin’s remarkable ascent has been abruptly tempered, raising questions about the sustainability of recent price rallies in the cryptocurrency market. Large institutional players have significantly influenced market dynamics, evidenced by
Binace’s survey revealed that 16% favor meme coins compared to Bitcoin’s 14.44%. Emerging projects like Solana-based Fartcoin are also attracting the attention of traders after it defied the recent market slump. However, other projects face regulatory scrutiny. Ritardio was recently flagged by the UK's FCA for its unauthorized promotions. Meanwhile, a parody account turned meme coin profits into a $69,000 donation to Save the Children. Meme Coins Gaining Momentum in Global Crypto Holdings A recent survey that was conducted by Binance revealed that meme coins surpassed Bitcoin as the most-held cryptocurrency among users worldwide. The survey was released on Dec. 18 as part of the Binance Global User Survey, and the findings show that 16% of respondents reported holding meme coins, while 14.44% hold Bitcoin. The survey included more than 27,000 participants from various regions, including Asia, Europe, Africa, and Latin America. Binance noticed that the popularity of meme coins is not limited to current holdings but extends to their future potential as well. Although the survey did not reveal the value of respondents’ holdings, data from CoinGecko estimates the total market capitalization of meme coins to be around $117 billion. Among these, Dogecoin (DOGE) is still a leader, trading at $0.362. Bitcoin’s market cap is higher than $2 trillion, and is trading at $101,000. Survey main takeaways (Source: Binance ) The survey also indicated that there is growing optimism for 2025. Some respondents predicted that artificial intelligence (AI) tokens and meme coins will be among the top drivers of market growth. AI tokens led with 23% of respondents favoring their growth potential, while 19% expressed more confidence in meme coins’ market value rising in the coming year. Google search trends also echoed this interest, and show a peak in searches for ”meme coin” earlier in December. It also reached higher search volumes than ”Bitcoin” during the same period. 30d search volume for ‘meme coin’ (Source: Google ) Interestingly, 45% of the Binance survey participants joined the crypto space in 2024, with nearly one-third engaging in regular trading. Despite their speculative nature and lack of utility, meme coins still gained a lot of traction. Experts speculated about the possibility of a meme coin supercycle, despite some critics comparing their trajectory to initial coin offerings (ICOs) and non-fungible tokens (NFTs), both of which experienced dramatic rises before very sharp declines. Whether meme coins actually sustain their momentum or face a similar fate is still up for debate. Fartcoin Defies Market Slump Its not only the larger and more popular meme coins attracting the attention of investors. Fartcoin , a Solana-based meme coin with no utility, captured a lot of attention on Dec. 18 by briefly surpassing a $1 billion market cap and defying a broader altcoin market slump. Over the past 30 days, the token surged by over 250%, which made it an an outlier even as the crypto market faced pressure from the Federal Reserve's announcement of a 25-basis-point rate cut. Fartcoin all-time price action (Source: CoinMarketCap ) Between 8:20 pm and 9:00 pm UTC on Dec. 18, Fartcoin’s price jumped by about 21% to $1.02, which pushed up its market cap to $1.02 billion. However, the rally was short-lived as the coin retraced 16% in hours, bringing its price to $0.83 and its market cap to $838.4 million. At press time, Fartcoin was trading hands at $1.01 after its price again managed to climb by over 20% in the past 24 hours. Despite this volatility, the rise sparked some very humorous reactions across social media. Investor Brandon Beylo commented that “the funniest possible outcome is usually the most likely.” Liquidity Capital’s founder joked about hedge fund managers underperforming against teenagers trading the token in their parents' basements. Fartcoin’s two-month trading history has been riddled with extreme volatility. Since its launch on Oct. 24, the token has fluctuated widely. Some market analysts speculated on the implications of these movements. Unlimited Funds co-founder Bob Elliot commented that Fartcoin’s parabolic rise could signal that monetary policy is still less restrictive than intended. Others like Syncracy Capital’s Daniel Cheung suggested that the current market cycle may offer prolonged “buy the dip” opportunities. The broader market, meanwhile, saw painful losses. Tokens like Dogwifhat (WIF), BONK, and Theta Network experienced double-digit declines. Amid the chaos, some people pointed out that while central banks like the Federal Reserve cannot own Bitcoin, there are no restrictions against owning tokens like Fartcoin. FCA Warns Against Solana-Based Retardio Project Things are not going as well for other meme coin projects. The United Kingdom’s Financial Conduct Authority (FCA) issued a warning about the Solana-based Retardio project due to concerns over unauthorized financial promotions targeting UK consumers. On Dec. 16, the FCA stated that the project may be offering or promoting financial services without regulatory approval. The watchdog also reminded consumers to interact only with FCA-authorized firms for adequate protection. The Retardio project features a Solana-based NFT collection that reportedly achieved $31 million in lifetime sales, alongside its associated meme coin trading under the ticker “Retardio.” The token is valued at around $0.07, and holds a market cap of close to $73 million, according to Dexscreener. Retario price action over the past week (Source: CoinGecko ) According to the FCA, UK consumers dealing with Retardio will not have access to the Financial Ombudsman Service or protection under the Financial Services Compensation Scheme (FSCS). This means that they are unlikely to recover funds if the project collapses. The regulator urged consumers to verify the authorization status of firms through the FCA registry and report unauthorized entities through official channels. In a now deleted response , the Retardio project humorously claimed to have ”issued a warning” against the FCA. Animoca Brands Chairman Yat Siu recently explained in an interview that meme coins represent the value of user attention. Unlike traditional social platforms that obscure the value of user-generated content, meme coins very transparently link market cap to the attention they garner. Siu described meme coins as a tokenized form of attention due to their correlation with user engagement and cultural significance in Web3. Parody Account Turns Meme Coin Profits into Philanthropy A parody X account claiming to represent a former trader donated proceeds from a meme coin inspired by him to charity after the token's value briefly skyrocketed to almost $1 million. The account, named Richard E. Ptardio , received 700 million Richard Ptardio (PTARDIO) tokens on Dec. 17, created through the Solana token creator Pump.fun. The tokens were Initially valued at $53,250, but surged by 1,765% in hours to reach almost $1 million. Despite the windfall, Ptardio distanced himself from the project, and stated that the token was created without his knowledge or consent. After announcing his decision to sell the tokens, he pledged to donate the entire proceeds to Save the Children, a global charity supporting education, health, and other programs for children. While the token's value eventually dropped, Ptardio donated 313.4 Solana, which is worth $69,000, to the organization. It is common for meme coin creators to allocate a portion of their tokens to the people or themes they are inspired by. The account behind Ptardio portrays an older man who spent 35 years trading in London, Hong Kong, and New York before joining the cryptocurrency space in September.
Key Takeaways : Litecoin’s price faces a bearish pressure at around $110. Our Litecoin price prediction for 2024 expects the maximum price of LTC to be $156. In 2030, we expect Litecoin to attain a maximum of $1,228. Following Bitcoin’s surge toward $100K, Litecoin is facing increasing buying activity. This surge in activity raises several questions for investors: Is it a good time to invest in Litecoin? Or Will Litecoin (LTC) hold above $200 in 2024? These are common questions that make predicting Litecoin’s price a bit tricky. To assist you with these questions, we have prepared a detailed analysis and forecast of Litecoin price prediction 2024-2030. This article includes the latest updates, news, and technical analysis to aid in your investment decisions. Let’s dive into the most recent predictions for Litecoin’s price for 2024, 2025, and beyond! Overview Cryptocurrency Litecoin Ticker Symbol LTC Rank 20 Price $108 Price Change 24-H -0.7% Market Cap $5,865,715,463 Circulating Supply 74,485,583 Trading Volume $367,159,933 All-Time High $413 All-Time Low $1.11 Litecoin price Prediction: Technical analysis Metric Value Current Price $108 Price Prediction $187.20 (43.82%) Fear & Greed Index 78 (Extreme Greed) Sentiment Bullish Volatility 17.32% Green Days 18/30 (60%) 50-Day SMA $80.74 200-Day SMA $75.30 14-Day RSI 79.09 Litecoin price analysis: LTC price faces selling pressure below $110 TL;DR Breakdown: LTC’s price faces bearish pressure below $110. Resistance for LTC is present at $127. Support for LTC/USD is present at $100. The LTC price analysis for 19 December confirms that LTC faces bearish pressure below $110. However, the LTC price aims for an immediate surge in the coming hours. LTC price analysis 1-day chart: LTC/USD attempts to meet buyers’ demand Analyzing the daily price chart, Litecoin is experiencing selling sentiment as it aims for a bearish move below $110. However, buyers are strongly defending a drop below the immediate Fib channel. The 24-hour volume surged to $235 million, showing an increased interest in trading activity. LTC price is currently trading at $108, decreasing by over 0.7% in the last 24 hours. LTC/USD chart. Source: Tradingview The RSI-14 trend line has declined from its previous level and trades below the midline level of 46, hinting that sellers are gaining control of the price chart. LTC/USD 4-hour price chart: Bears aim for a hold below EMA trend lines The 4-hour Litecoin price chart suggests that bears are increasing their domination to keep the altcoin below the EMA trend lines. Currently, bears are defending a surge in the price chart and preparing for a hold below the EMA20 trend line. LTC/USD chart. Source: Tradingview The BoP indicator trades in a bearish region at 0.37, signifying that sellers are triggering a minor downward correction. Additionally, the MACD trend line has formed red candles below the signal line, and the indicator aims for negative momentum, strengthening the chances of a bearish push. Litecoin technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $107.55 BUY SMA 5 $104.28 BUY SMA 10 $99.60 BUY SMA 21 $94.63 BUY SMA 50 $80.74 BUY SMA 100 $73.03 BUY SMA 200 $75.30 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $92.58 BUY EMA 5 $86.05 BUY EMA 10 $78.68 BUY EMA 21 $73.08 BUY EMA 50 $69.22 BUY EMA 100 $69.04 BUY EMA 200 $71.33 BUY What to expect from LTC price analysis next? The hourly price chart confirms that bulls induce buying pressure to hold the price; however, sellers may soon return. If the LTC holds momentum above $127, it may climb toward $148. LTC/USD chart If bulls fail to initiate a surge, the LTC price may drop below the immediate support line at $100, which may result in a correction to $85. Is Litecoin a good investment? Litecoin is an alternative to Bitcoin, making it an appealing choice for everyday transactions worldwide. Additionally, with a finite cap of 84 million coins, LTC presents itself as a potential investment for value preservation, akin to Bitcoin’s role as a digital asset. Why is the LTC up today? As Bitcoin price is aiming to surpass the $100K mark, there’s an increasing buying demand in the altcoin market. As a result, Litecoin’s price is attempting to hold above $140. Will Litecoin reach $100? Litecoin price already touched the $100 mark this year; however, it is now well below that price point. By the end of 2024, Litecoin might surge above $150. Will LTC price reach $500? According to our Litecoin price prediction, LTC price might hit the $500 mark in 2028. However, this rally depends on the future buying interest in the altcoin market. Does LTC have a good long-term future? Despite the recent adjustments and potential peak formation, Litecoin exhibits a robust long-term price trajectory and outlook, indicating a very high potential for future growth. If the network continues to witness robust activities and growth, the price might even reach $1000 in no time. Recent news/opinion on Litecoin Almost 80% of Litecoin (LTC) investors are currently making a profit, reaching the highest level since 2021, resulting in an impressive rally. Litecoin price prediction December 2024 Litecoin’s price shows signs of a bullish move as it has been surging heavily for the past few days. As BTC’s price aims for a move above the $100K mark, Litecoin’s price intends to end this month on a bullish note. As a result, we might see the LTC price record a low of $115 with a maximum price of $156 and an average price of $138. Litecoin Price Prediction Potential Low Potential Average Potential High Litecoin Price Prediction December 2024 $115 $138 $156 Litecoin price prediction 2024 Investors are looking for top cryptocurrencies to buy now in the dip, with the market slump hinting at big opportunities. A critical point for Litecoin is its 2023 halving event, which reduced the mining reward. Initially, miners received 50 LTC per block, but the halving lowered this to 6.25 LTC. This reduction means fewer Litecoins are available, potentially driving up the price if demand remains steady or increases by the end of 2024. However, past halvings haven’t always led to significant price hikes, with prices even falling after the 2019 event. With a projected network and increasing adoption, in 2024, Litecoin’s price is expected to hit a minimum of $54. The maximum price could reach up to $115., with an average trading price around $80. Litecoin Price Prediction Potential Low Potential Average Potential High Litecoin Price Prediction 2024 $115 $138 $156 Litecoin Price Predictions 2025-2030 Year Minimum Price ($) Average Price ($) Maximum Price ($) 2025 186.72 195.03 201.25 2026 226.67 233.15 268.45 2027 323.83 335.49 390.17 2028 461.29 478.06 562.1 2029 695.94 715.07 811.35 2030 1,003 1,039 1,228 Litecoin price prediction 2025 A report from Messari shows significant growth in Litecoin’s network. The coin has been around an all-time high in transactions and active addresses. These figures indicate a strong and bustling network, suggesting good growth potential for Litecoin in 2025. Hence, the forecasted lowest price for Litecoin is $186.72. According to our analysis, the highest possible price for LTC could be $201.25, with an average expected price of $195.03. Litecoin price prediction 2026 Litecoin’s growing popularity is evident in its expanding social media presence, particularly on Reddit, with active users reaching 2021 levels before its all-time high. Experts predict a significant rally by 2026, with prices ranging between $226.67 and $268.45 and an average of $233.15. Advancements from the Litecoin Foundation are expected to drive a strong rebound, boosting its market cap and valuation. Litecoin (LTC) price prediction 2027 In 2027, the price of Litecoin is expected to reach a minimum value of $323.83. The maximum price could be as high as $390.17, with the average trading price throughout the year around $335.49. Litecoin price prediction 2028 In 2028, the lowest forecasted price of Litecoin is $461.29. Based on our analysis, the maximum price could rise to $562.10, with an average price of $478.06 for the year. Litecoin price prediction 2029 Our detailed analysis of past Litecoin price data indicates that in 2029, the minimum price of Litecoin could be approximately $695.94. The price could peak at $811.35, with an average trading value around $715.07. Litecoin (LTC) price prediction 2030 For 2030, the minimum predicted price of Litecoin is $1,003. The price could reach a maximum of $1,228, with the average trading price expected to be about $1,039 throughout the year. Litecoin price prediction: Analysts’ LTC price forecast Firm Name 2024 2025 Gov.Capital $159 $211 DigitalCoinPrice $173 $202 Changelly $118 $131 Cryptopolitan Litecoin price prediction According to the Litecoin price prediction by Cryptopolitan, it is anticipated that various leading institutions will invest in and start accepting LTC as a form of payment. Additionally, the growing frequency of events likely to influence LTC’s price could enhance its public perception. By the end of 2024, Litecoin’s price is expected to hit a minimum of $64. The maximum price could reach up to $115., with an average trading price around $80. We expect the LTC coin price to reach a high of $250 in 2027. Litecoin historic price sentiment LTC price history In its early years, Litecoin traded between $1 and $5 before surging to over $300 during the crypto bubble of late 2017 to early 2018. In 2021, Litecoin hit an all-time high of $412.96 early in the year but dropped significantly, closing at $144.56 by the end of the year. In 2022, Litecoin experienced significant losses, dropping below $45 mid-year. However, it managed to outperform the broader market despite a nearly 55% decline overall. 2023 saw high volatility for Litecoin, peaking at $114.50 in July but declining sharply due to market pressures, ending the year at $72.80 with a modest 7% rise despite underperforming the broader market. In 2024, Litecoin started the year around $68.20, climbed to $102.40 in April, and then fell below $80. After further declines in May and June, it dropped to $49 in August before rebounding to $70. By November, Litecoin surged past $100 and attempted to hold above $140 in December.