Based

Litecoin

Injective

Bitcoin ETF

Bitcoin

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 <p class="is-style-lead">Litecoin (LTC) is firm as the crypto community awaits the Securities and Exchange Commission (SEC) to approve the first Bitcoin ETF. While all eyes are on this development, Pullix (PLX), a crypto project, has sold over 2.2 million tokens in stage 2 of its presale.&nbsp;</p>
 <h2 class="wp-block-heading" id="litecoin-price-analysis">Litecoin price analysis</h2>
 <p>Litecoin has been rallying since the start of December, <a rel="noopener noreferrer nofollow" title="rising" href="https://thebittimes.com/tag/rising.html">rising</a> from $69 on Dec.1 to $72 on Dec. 13.&nbsp;</p>
 <p>At the same time, it processed –&nbsp;3 million transactions&nbsp;in one week.&nbsp;</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="en" dir="ltr">The Litecoin Network just completed over 3 million transactions in less than a week. pic.twitter.com/FhQBGIe4vI</p>— Litecoin (@litecoin) December 12, 2023
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 <p>This growth can be attributed to the hype surrounding the potential approval of a Bitcoin ETF.&nbsp;</p>
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 <p>Based on historical prices, Litecoin and Bitcoin are directly correlated.&nbsp;</p>
 <p>Based on technical analysis, the&nbsp;&nbsp;Litecoin price&nbsp;may continue soaring. LTC is now trading above its 21-day EMA.&nbsp;</p>
 <p>Meanwhile, the Fear &amp; Greed index sits at 65 (Greed), a bullish sign.</p>
 <h2 class="wp-block-heading" id="exploring-pullix">Exploring Pullix&nbsp;</h2>
 <p>Pullix&nbsp;is a hybrid trading platform that aims to incorporate centralized and decentralized exchange features. It will support up to 1000:1 leverage, deep liquidity, low trading fees, and more.</p>
 <p>Retail <a rel="noopener noreferrer nofollow" title="traders" href="https://thebittimes.com/tag/traders.html">traders</a> will also <a rel="noopener noreferrer nofollow" title="trade" href="https://thebittimes.com/tag/trade.html">trade</a> all assets (including <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>s) on Pullix, unlike in Coinbase or Binance, through a single account. This decision aims to improve user experience and efficiency.</p>
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 <p>Other features include:</p>
 <ul>
  <li><strong>Yield farming:</strong>&nbsp;for users to earn PLX while staking LP tokens – providing liquidity.&nbsp;</li>
  <li><strong>VaultX:&nbsp;</strong>a decentralized multi-chain yield optimizer through which users can earn high APYs on their crypto holdings.&nbsp;</li>
  <li><strong>Copy trading:</strong>&nbsp;for users to copy trades of successful traders in the Pullix community.</li>
 </ul>
 <p>In stage 2 of the presale, PLX is available for only $0.042.</p>
 <p>So far, over $94,400 have been raised.&nbsp;&nbsp;</p>
 <p>The team is also conducting a 1,000 PLX giveaway.</p>
 <p>ISDA said the OTC derivatives market was worth $618T in 2022. Pullix looks to tap into this growth. As such, this may support PLX prices.&nbsp;</p>
 <h2 class="wp-block-heading" id="conclusion">Conclusion&nbsp;</h2>
 <p>Litecoin, like other <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> assets, is <a rel="noopener noreferrer nofollow" title="rising" href="https://thebittimes.com/tag/rising.html">rising</a> in anticipation of the SEC approving the first batch of Bitcoin ETFs. However, LTC’s growth might be capped by its high market cap of around $5.3 billion.</p>
 <p>On the other hand, analysts expect Pullix to outperform Litecoin and even the crypto markets due to its relatively low market cap. Coupled with its features, experts remain bullish on PLX.</p>
 <p><strong>For more information about the Pullix presale, see the links below:&nbsp;</strong></p>
 <p>Visit Pullix&nbsp;</p>
 <p>Join The Pullix Communities</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/litecoin-rising-on-bitcoin-etf-expectations-pullix-setting-up-as-avenue-for-retail-crypto-traders-tbt73825.html">https://thebittimes.com/litecoin-rising-on-bitcoin-etf-expectations-pullix-setting-up-as-avenue-for-retail-crypto-traders-tbt73825.html</a></p>

Litecoin rising on Bitcoin ETF expectations, Pullix setting up as avenue for retail crypto traders

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