As of February 23, 2025, Ethereum (ETH) is trading at approximately $2,758.11 USD.
In Thailand, ETH is trading against the Thai Baht (THB) on local exchanges. For instance, on Bitkub, the ETH/THB pair is priced at around 91,300.4 THB.
Globally, the most popular ETH trading pairs include ETH/USDT, ETH/BTC, and ETH/USD, with significant trading volumes on major exchanges like Binance and Coinbase.
A cryptocurrency whale, who previously incurred a $5.02 million loss on VIRTUAL tokens, has recently resumed purchasing the token. This investor transferred 4,006 ETH (approximately $10.9 million) to a new address, indicating renewed confidence in VIRTUAL's potential recovery and future growth.
This move comes after the same whale had sold their entire VIRTUAL holdings for a significant profit earlier this month.
The whale's renewed investment has sparked discussions within the crypto community about VIRTUAL's prospects. Some analysts view this as a positive signal, suggesting potential upward momentum for the token.
Please note that cryptocurrency investments carry inherent risks, and market dynamics can change rapidly. It's advisable to conduct thorough research and consult with financial advisors before making any investment decisions.
$LTC As of February 22, 2025, Litecoin (LTC) is trading at $128.14, reflecting a decrease of $7.81 (approximately 5.75%) from the previous close. Today's trading range has seen a high of $138.79 and a low of $123.95.
In recent developments, Frankenmuth Credit Union expanded its cryptocurrency offerings in December 2024 to include Litecoin, among other digital currencies. This move allows members to securely buy, sell, and manage cryptocurrencies through the credit union's online banking platform.
Price predictions for Litecoin vary among analysts. Some forecasts suggest that LTC could reach an average price of $134.97 in March 2025, with potential highs up to $144.41. Another analysis anticipates a price range between $117.28 and $130.51 for the same period.
Please note that cryptocurrency markets are highly volatile, and actual prices may differ significantly from predictions. It's advisable to conduct thorough research and consult financial advisors before making investment decisions.
As of February 22, 2025, Litecoin (LTC) is trading at approximately $128.09, reflecting a decrease of 5.93% from the previous close.
Recent on-chain data indicates a significant increase in large transactions, commonly referred to as "whale" activity. Between February 3 and February 19, 2025, institutional investors have accumulated approximately 4.68 million LTC, valued at over $500 million. This surge in accumulation suggests that major stakeholders are positioning themselves ahead of a potential Litecoin Exchange-Traded Fund (ETF) approval.
Additionally, the average transaction size on the Litecoin network has risen by 35% within a week, increasing from $45,190 on February 8 to $60,974 by February 19. This uptick reflects heightened liquidity and the entry of deep-pocketed investors into the market.
In summary, the combination of increased whale activity and larger average transaction sizes indicates growing institutional interest in Litecoin, potentially driven by the anticipation of ETF approval. Investors should conduct thorough research and consider market volatility before making investment decisions.
As of February 22, 2025, Litecoin (LTC) is trading at approximately $128.09, reflecting a decrease of 5.93% from the previous close.
Recent on-chain data indicates a significant increase in large transactions, commonly referred to as "whale" activity. Between February 3 and February 19, 2025, institutional investors have accumulated approximately 4.68 million LTC, valued at over $500 million. This surge in accumulation suggests that major stakeholders are positioning themselves ahead of a potential Litecoin Exchange-Traded Fund (ETF) approval.
Additionally, the average transaction size on the Litecoin network has risen by 35% within a week, increasing from $45,190 on February 8 to $60,974 by February 19. This uptick reflects heightened liquidity and the entry of deep-pocketed investors into the market.
In summary, the combination of increased whale activity and larger average transaction sizes indicates growing institutional interest in Litecoin, potentially driven by the anticipation of ETF approval. Investors should conduct thorough research and consider market volatility before making investment decisions.
As of February 22, 2025, Litecoin (LTC) is trading at approximately $128.03, reflecting a decrease of 6.03% from the previous close.
Recent market sentiment surrounding Litecoin has been notably influenced by developments related to a potential Litecoin Exchange-Traded Fund (ETF). The Depository Trust & Clearing Corporation (DTCC) has listed Canary Capital's proposed Litecoin ETF under the ticker LTCC, signaling issuer preparations for possible trading upon regulatory approval. While this listing does not guarantee immediate approval, it has heightened optimism among investors.
Analysts have observed a significant surge in Litecoin's network activity, with daily transaction volumes increasing by 243% over the past five months, reaching $9.6 billion per day. This uptick is partly attributed to the growing anticipation of the ETF approval.
Social media sentiment analysis indicates a predominantly positive outlook toward Litecoin. Over the past 24 hours, the average sentiment score across platforms stands at 4.3 out of 5, with approximately 39.2% of tweets expressing bullish views.
In summary, the current market sentiment toward Litecoin is largely optimistic, driven by potential ETF developments and increased network activity. However, investors should remain cautious and conduct thorough research, as the cryptocurrency market is inherently volatile and subject to rapid changes.
As of February 22, 2025, Litecoin (LTC) is trading at approximately $128.02, reflecting a decrease of 6.16% from the previous close.
Recent on-chain data indicates a significant uptick in large transactions, commonly referred to as "whale" activity. Over the past week, there has been a 103% increase in net inflows from substantial holders, suggesting that these large investors are bolstering their LTC positions.
This surge in whale accumulation coincides with heightened speculation regarding the potential approval of a Litecoin spot ETF. Such developments have historically influenced investor sentiment and market dynamics.
Additionally, the Relative Strength Index (RSI) for Litecoin has risen to 54.08, indicating moderate bullish momentum. The RSI is a momentum oscillator that measures the speed and change of price movements; values above 50 typically suggest increasing buying pressure.
In summary, the combination of increased whale activity, positive RSI trends, and ETF-related speculation suggests potential upward momentum for Litecoin. However, investors should conduct thorough research and consider market volatility before making investment decisions.
As of February 22, 2025, Litecoin (LTC) is trading at approximately $128.09, reflecting a slight decrease of 6.13% from the previous close.
In 2024, Litecoin experienced a 10% increase in daily active addresses, averaging 401,000 addresses per day, up from 366,000 in 2023. Notably, in January 2024, active addresses peaked at 1.37 million, surpassing both Bitcoin and Ethereum during that period.
While increased active addresses often indicate heightened user engagement and can be a bullish signal, the context is crucial. For instance, a surge in address activity in early 2024 was linked to the rise of ordinals, which did not correspond to a sustained price increase.
In February 2025, rumors about a potential Litecoin ETF led to a price surge from $120.50 to $198.30 between February 2 and February 19. During this time, active addresses peaked at 350,000 on February 15, indicating increased user activity possibly driven by the ETF news.
Overall, while there's a correlation between active addresses and price movements, it's essential to consider the underlying factors driving user activity. Not all increases in active addresses lead to price appreciation, especially if the activity is due to non-speculative factors.
As of February 22, 2025, there are no exchange-traded funds (ETFs) that directly hold Litecoin (LTC). However, the U.S. Securities and Exchange Commission (SEC) is reviewing applications for ETFs that would hold cryptocurrencies such as Litecoin and XRP. These applications, submitted by firms like CoinShares and WisdomTree, propose ETFs that would trade on major exchanges like Nasdaq and Cboe. The SEC's review process is ongoing, and it's uncertain when or if these ETFs will receive approval.
In the meantime, investors seeking exposure to Litecoin can consider purchasing the cryptocurrency directly through various cryptocurrency exchanges. It's important to conduct thorough research and understand the associated risks before investing in cryptocurrencies.
"OnChainInsights" refers to various platforms and services that provide analysis and insights into blockchain data, commonly known as on-chain analysis. These platforms examine blockchain transactions, wallet activities, and other on-chain metrics to offer valuable information for investors, researchers, and businesses. Here are some notable platforms:
Onchain.org: Focuses on discovering, analyzing, and evaluating real-world Web3 use cases. They share insights through reports and articles to assist entrepreneurs and businesses in transitioning to blockchain-based solutions.
Glassnode: Provides contextualized market analysis and cutting-edge research for cryptocurrencies like Bitcoin, Ethereum, and DeFi projects. Their platform offers a comprehensive suite of on-chain and financial metrics, along with expert commentary.
21.co's Onchain Insights: Offers on-chain data dashboards and key analyses, covering various topics such as Solana's key metrics and the state of tokenization.
Nansen: An on-chain analytics platform that enriches blockchain data with millions of wallet labels. It helps investors discover opportunities, perform due diligence, and monitor their portfolios through real-time dashboards and alerts.
CryptoQuant: Provides on-chain and market analytics tools, along with actionable insights from top analysts, to help users analyze crypto markets and identify data-driven opportunities.
These platforms utilize on-chain analysis to offer unique perspectives on market movements, network health, and transaction patterns, enabling stakeholders to make informed decisions in the cryptocurrency space.
As of February 22, 2025, there are no exchange-traded funds (ETFs) that directly hold Litecoin (LTC). However, the U.S. Securities and Exchange Commission (SEC) is reviewing applications for ETFs that would hold crypto currencies such as Litecoin and XRP. These applications, submitted by firms like Coin Shares and Wisdom Tree, propose ETFs that would trade on major exchanges like Nasdaq and Cboe. The SEC's review process is ongoing, and it's uncertain when or if these ETFs will receive approval.
In the meantime, investors seeking exposure to Litecoin can consider purchasing the cryptocurrency directly through various cryptocurrency exchanges. It's important to conduct thorough research and understand the associated risks before investing in cryptocurrencies.
Ethereum (ETH) is a decentralized, open-source blockchain system that enables smart contracts and decentralized applications (DApps). It was proposed in late 2013 by Vitalik Buterin and went live on July 30, 2015. Ethereum extends beyond Bitcoin's concept of digital currency by allowing developers to build complex applications on its blockchain.
Key Features of Ethereum:
Ether (ETH): The native cryptocurrency used for transactions and smart contract execution.
Smart Contracts: Self-executing contracts with pre-defined rules, eliminating intermediaries.
Decentralized Applications (DApps): Applications that run on the blockchain without central control.
Ethereum Virtual Machine (EVM): A global, decentralized computer that processes smart contracts.
Proof of Stake (PoS): Since the Ethereum Merge (September 15, 2022), Ethereum transitioned from Proof of Work (PoW) to PoS for better efficiency and sustainability.
Use Cases:
Decentralized Finance (DeFi): Platforms for lending, borrowing, and trading assets without banks.
Non-Fungible Tokens (NFTs): Unique digital assets representing art, music, and virtual goods.
Decentralized Autonomous Organizations (DAOs): Organizations governed by smart contracts.
Gaming & Metaverse: Blockchain-based games and virtual worlds.
Ethereum continues to evolve with updates like **Ethereum
TraderEvolution Global Limited is a company specializing in multi-market trading software solutions. Founded by industry professionals Roman Nalivayko and Oleksandr Kachur, the company offers platforms that connect brokers to numerous markets worldwide, facilitating core brokerage operations with a liquidity-neutral approach.
Headquartered in Ireland, with a research and development center in Eastern Europe, TraderEvolution provides customizable solutions tailored to the specific needs of brokers and financial institutions. Their offerings include advanced front-end and back-end components, ensuring flexibility and uniqueness for each client.
In recent years, TraderEvolution has experienced significant growth, particularly as the financial industry shifts towards multi-asset trading. This trend involves brokers offering both exchange-traded products and over-the-counter trading options. Navigating such complexity requires sophisticated technology, a challenge that TraderEvolution addresses with its comprehensive solutions.
At the iFX EXPO Asia 2023, CEO Roman Nalivayko discussed the company's approach to the Asian market, emphasizing the importance of feature-rich interfaces, especially for mobile applications, to meet the diverse needs of brokers in the region. He highlighted the company's commitment to flexibility and prompt support, ensuring that clients can quickly adapt to new trends and opportunities in the financial sector.