Cryptocurrencies Price Prediction: Ethereum, MicroStrategy & Litecoin – American Wrap 02 December
|Ethereum Price Forecast: ETH could see a new all-time high as SEC may approve staking in ETH ETFs
Ethereum is down 2% on Monday after seeing a rejection near a key descending trendline resistance. However, ETH could rally to a new all-time high if it overcomes this resistance and sees an interest surge from the Securities & Exchange Commission (SEC) potentially approving staking within Ethereum exchange-traded funds (ETFs).
MicroStrategy, MARA add to their holdings amid Bitcoin's quest for new all-time high
MicroStrategy continued its aggressive Bitcoin purchase on Monday after it announced the acquisition of 15,400 BTC at an average purchasing price of $95,976 per token. As the firm continues to widen the gap as the highest corporate holder of Bitcoin, other companies have begun plans to copy MicroStrategy's playbook of launching strategic BTC reserves.
Litecoin Price Forecast: LTC hits $130 for first time in almost three years as open interest soars
Litecoin price grazed the $130 mark on Monday, propelled by improved sentiment around privacy-focused coins after a United States (US) court reversed sanctions placed on Tornado Cash.
Will LTC price advance towards $150 in the week ahead?
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