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Litecoin (LTC) was finally making news after staying on the sidelines for years. The altcoin is one of the earliest cryptocurrencies and was dubbed as digital silver while Bitcoin was called digital gold. Despite its early popularity, the asset was seen dropping down in terms of ranking. An LTC exchange-traded fund filing is the reason that the asset has been making noise yet again. While the asset was seen recording a double-digit spike, the real question is if LTC can continue this momentum into the next month. Also Read: Ethereum Could Hit $4,500 In February, Here’s Why SEC Acknowledges Litecoin ETF Application Source: tokenmetrics Canary Capital’s proposal for a Litecoin ETF was acknowledged by the SEC. This further gives the community confidence that it may eventually be listed on exchanges. It will be a significant milestone if the LTC ETF garners a green signal. This is because it would be the SEC’s first recognition of an altcoin ETF filing. According to Bloomberg se...

With the upcoming halving scheduled to take place next month, Litecoin [LTC] has regained relevance in the crypto market. On August 2, the block rewards for LTC will be reduced by half, decreasing from 12.5 to 6.25 LTC. This event has spiked significant interest from investors. The heightened popularity is evident through the increasing price and market capitalization of Litecoin. LTC , commonly referred to as ‘digital silver’ soared to a high of $113.91 earlier this week. At press time, however, the asset was trading for $104.77 with a 0.44% daily drop. This follows the overall correction that the market encountered. Nevertheless, it is worth noting that LTC registered a weekly growth of 25%. Consequently, the market cap of LTC also pushed the asset back into the top-10 rankings. Currently, Litecoin’s market cap stands at $7.64 billion. The upward momentum in LTC is undoubtedly advantageous for LTC holders who have shown patience. As a result, the percentage of h...