Five-time UFC champion Conor McGregor has signaled a growing interest in XRP and other leading altcoins, broadening his focus beyond Bitcoin. Known for his earlier advocacy of a Strategic Bitcoin Reserve, McGregor is now delving into the decentralization claims of various blockchains. Conor McGregor Exploring XRP In a recent post on X, Conor McGregor revealed his interest in understanding XRP. According to the post, the five-time UFC champion is exploring the decentralization claims of various blockchains, such as Cardano and XRP. McGregor noted that he was initially informed that only Bitcoin and Ethereum were “truly decentralized” networks. However, the U.S. government’s decision to build a digital stockpile that includes XRP, Solana (SOL), and Cardano (ADA) has piqued his curiosity. In light of this development, he sought input from the crypto community about these networks, which the government appears interested in despite claims of centralization. I have learned from the events… Read More at Coingape.com
Litecoin price has moved in tandem with Bitcoin price in the past 30 days, amid ongoing gradual bullish breakout.
The anticipated approval of spot Litecoin ETFs in the United States has sparked a sharp uptick in demand by institutional investors.
The rise of Bitcoin (BTC) price above $95.5k in the past two days, has sparked a surge in altcoin speculation, led by Litecoin (LTC). The demand for risky crypto assets has helped LTC price signal bullish sentiment, in the near future, especially after consolidating in the past few years.
According to the latest market data, LTC price surged over 14 percent in the last two weeks to trade about $87.38 on Friday, during the late North American session.
Midterm Expectations for LTC Price
In the weekly timeframe, LTC price has respected a rising logarithmic trend established in the past six years. Following the recent rebound, LTC price is well positioned to retest its all-time high above $359 in the near term.
For leveraged crypto traders, placing a stop loss slightly below $62 and a midterm target of about $359 will present a loss-to-win ratio of 0.42 to 2.9. The midterm bullish sentiment for LTC price is bolstered by the fact that the altcoin has formed higher high and higher low since late 2022 to date.
Fundamental Outlook for Litecoin Network
The Litecoin network has experienced significant growth in the past few years, catalyzed by the rising demand from institutional investors. Several fund managers – led by CoinShares, Grayscale, and Canary Capital – are seeking to offer spot LTC ETFs in the United States, in the near future.
As a result, the volume of larger transactions than $100k on the Litecoin network surged by $52.33 billion in the past seven days. According to market data from IntoTheBlock, LTC price recorded a correlation with BTC of 0.88 out of 1 in the past 30 days.
The post Litecoin Price Prediction: Is Now a Great Opportunity to Buy LTC? appeared first on Coinpedia Fintech News
Litecoin price has moved in tandem with Bitcoin price in the past 30 days, amid ongoing gradual bullish breakout. The anticipated approval of spot Litecoin ETFs in the United States has sparked a sharp uptick in demand by institutional investors. The rise of Bitcoin (BTC) price above $95.5k in the past two days, has sparked …
As inflation rises and economic uncertainty deepens, Switzerland is facing fresh pressure to rethink its Bitcoin reserve strategy. A group of crypto advocates has launched a referendum, urging the Swiss National Bank (SNB) to add Bitcoin alongside gold to its reserves as a safeguard against global instability.
Swiss National Bank Rejects Bitcoin Reserve Push
Despite mounting calls, the SNB remains firm. In a recent meeting, SNB Chairman Martin Schlegel dismissed the idea, calling Bitcoin too volatile for Switzerland’s official reserves. Schlegel emphasized the need for assets that are highly liquid and stable in value—qualities Bitcoin, in his view, does not consistently deliver.
He also raised concerns over Bitcoin’s reliability, highlighting that, being a software-based asset, it could face technical glitches. Schlegel underlined that the SNB has no intention of incorporating crypto into its reserve strategy at this time.
Global Trends Highlight Growing Interest in Crypto Reserves
While Switzerland maintains a cautious stance on crypto regulation, other countries are beginning to explore different paths. The United States, for instance, has started building a Bitcoin reserve using coins seized from criminal investigations, a move that is sparking discussions worldwide.
Even so, many governments remain hesitant, citing extreme price volatility and operational risks. For now, Switzerland appears committed to its traditional financial framework, resisting global trends that are slowly shifting toward Bitcoin and digital assets.
The growing debate over Switzerland’s crypto regulation and Bitcoin reserve strategy suggests that pressure on the SNB may not ease anytime soon.
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The post Switzerland’s Crypto Regulation Faces Heat as Bitcoin Reserve Strategy Sparks Debate appeared first on Coinpedia Fintech News
As inflation rises and economic uncertainty deepens, Switzerland is facing fresh pressure to rethink its Bitcoin reserve strategy. A group of crypto advocates has launched a referendum, urging the Swiss National Bank (SNB) to add Bitcoin alongside gold to its reserves as a safeguard against global instability. Swiss National Bank Rejects Bitcoin Reserve Push Despite …
Bitcoin price finds steady support at the $103,110 mark on Saturday, May 17 after Trump’s bold policy statements provided directional hints around Fed cuts and geopolitical risks. Trump’s Comments Stir Bitcoin Volatility as Rally Stalls Near $103K Bitcoin (BTC) paused its strong May rally on Friday, closing marginally lower at $103,110 after hitting intra-day highs of $103,677. The cooling momentum comes amid a flurry of updates from U.S. President Donald Trump, who reignited both macroeconomic and geopolitical discussions. Bitcoin (BTC) Price Action, May 17, 2o25 | Source: Coingecko Bitcoin traders appears to be reassessing bullish risk sentiment following his statements on Federal Reserve policy and an unexpected announcement regarding high-level talks with Russian President Vladimir Putin. “The Fed should cut rates sooner, rather than later.” Trump openly criticized Jerome Powell in a Truth Social post on Saturday, May 17, 2025. His remarks underscored renewed pressure on the central bank ahead… Read More at Coingape.com
