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LIT – Cryptocurrencypanther https://cryptocurrencypanther.com Latest Crypto News Thu, 15 Jan 2026 17:23:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://cryptocurrencypanther.com/wp-content/uploads/2021/07/cropped-Cryptocurrency-e1626714913653-32x32.png LIT – Cryptocurrencypanther https://cryptocurrencypanther.com 32 32 LIT Token Tanks Just Weeks After Airdrop: What’s Going On? https://cryptocurrencypanther.com/2026/01/15/lit-token-tanks-just-weeks-after-airdrop-whats-going-on/ https://cryptocurrencypanther.com/2026/01/15/lit-token-tanks-just-weeks-after-airdrop-whats-going-on/#respond Thu, 15 Jan 2026 17:23:50 +0000 https://cryptocurrencypanther.com/2026/01/15/lit-token-tanks-just-weeks-after-airdrop-whats-going-on/

Key Notes

  • LIT is down 36.7% in seven days and trades at $1.91 at press time.
  • The drop follows one of the largest airdrops in history.
  • On-chain data shows airdrop recipients sold 15.5M LIT in a week.

Lighter’s native token, LIT, is under heavy selling pressure just two weeks after launch.

The token dropped 14.72% in the past 24 hours and is down 36.7% over the last seven days. At press time, it trades at $1.91.


The selloff follows the airdrop phase and comes regardless of the strong trading activity on the Ethereum Layer 2 exchange, Lighter.

Airdrop Supply Hits Thin Liquidity

LIT debuted in late December after Lighter distributed a large portion of the supply to early users.

Half of the total token supply was allocated to the ecosystem, with 25% of the fully diluted supply entering circulation immediately through the airdrop.

 

On-chain data shows the recent sell pressure is coming mainly from airdrop recipients. Over the past week, wallets tied to the airdrop sold around 15.5 million LIT.

Only about 5.8 million tokens were absorbed by buyers. The share of users still holding their airdrop fell from 56% to 49.5% in seven days.

 

Entities often blamed for dumps, like Jump Crypto, have not been major sellers, according to airdrop advisor Sipa.

Known market maker wallets added roughly 730,000 LIT. Liquidity pool wallets sold about 680,000 tokens in the past week, a small share of total volume.

Meanwhile, on-chain tracking shows one whale was partially liquidated on a 1x long, realizing a loss of about $509,000.

Another large trader holding a 3x long is sitting on an unrealized loss of roughly $2.84 million, with further risk if price moves toward $1.49.

 

Mandatory Staking Changes the Setup

Lighter recently introduced mandatory staking for access to its liquidity pool. Users of the perpetuals DEX must now stake LIT at a 1:10 ratio to deploy USDC into the pool.

Existing participants have until January 28 to comply. Staking 100 LIT also removes withdrawal and transfer fees.

 

The change aims to tie token utility directly to platform use, but it arrived while a large airdrop supply was still looking for exits.

Until staking demand absorbs circulating tokens, volatility is likely to remain high, and prices might fluctuate.

Traders Flock to Bitcoin Hyper as Presale Hits $30 Million

While LIT continues to slide, trader attention is shifting toward a newer entrant, Bitcoin Hyper (HYPER), which has already raised $30.6 million in its presale. The project takes aim at some of Bitcoin’s

BTC
$96 344



24h volatility:
0.9%


Market cap:
$1.92 T



Vol. 24h:
$63.45 B



most persistent limitations, including slow transactions, high fees, and the lack of native smart contract functionality, while still anchoring itself to Bitcoin’s security.

Bitcoin Hyper is developing a Layer 2 network that runs transactions through an optimized virtual machine before settling them on Bitcoin’s base chain.

This approach is designed to deliver faster execution and lower costs without sacrificing the trust and security of the Bitcoin network.

HYPER token highlights

  • Current Price: $0.013585
  • Staking Rewards: Up to 38% APY for early participants
  • Funds Raised: $30.6 million

With strong presale momentum and a clear focus on improving how Bitcoin can be used, Bitcoin Hyper is drawing interest from traders looking for exposure beyond established tokens.

If you are interested in joining the presale, check out our step-by-step guide on how to buy Bitcoin Hyper and get started.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Market News

Parth Dubey

A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.

Parth Dubey on LinkedIn






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Lighter launches LIT token: check out all the details here https://cryptocurrencypanther.com/2025/12/30/lighter-launches-lit-token-check-out-all-the-details-here/ https://cryptocurrencypanther.com/2025/12/30/lighter-launches-lit-token-check-out-all-the-details-here/#respond Tue, 30 Dec 2025 11:37:47 +0000 https://cryptocurrencypanther.com/2025/12/30/lighter-launches-lit-token-check-out-all-the-details-here/

Lighter launches LIT token as perpetuals DEX bridges traditional markets and DeFi

  • Half of the token supply is allocated to the ecosystem, with an immediate airdrop converting 2025 points into LIT.
  • LIT is used for staking, access to trading services, and payment for data verification on the platform.
  • Lighter ranks third by recent perpetuals volume, behind Hyperliquid and Aster.

A new token launch is putting fresh focus on how decentralised trading platforms are designing their economic models.

Perpetuals-focused Layer 2 exchange Lighter has rolled out its native cryptocurrency, LIT, positioning it as a core part of its infrastructure rather than a simple governance add-on.

Built on Ethereum, the platform is targeting active derivatives traders while also appealing to builders and long-term backers interested in transparent, onchain systems that mirror aspects of traditional markets.

The launch comes at a time when onchain perpetuals trading is consolidating around a small group of high-volume venues.

Lighter is attempting to differentiate itself by tying token utility directly to trading performance, data verification, and revenue visibility, while operating through a US-registered corporate structure.

Token distribution and airdrop design

The total LIT supply is split evenly between the ecosystem and insiders.

Half of all tokens are allocated to users, partners, and future incentives, while the remaining half goes to the team and investors.

Early participants are being rewarded through an immediate airdrop that converts 12.5 million points earned during 2025 into LIT tokens.

That initial distribution accounts for 25% of the project’s fully diluted value, which represents the maximum supply if all tokens are issued.

The remaining ecosystem allocation is reserved for future rewards, partnerships, and expansion initiatives.

Team and investor tokens are subject to a one-year lockup, followed by linear vesting over three years, according to details shared by the project on X.

Utility beyond governance

Lighter is framing LIT as an operational token embedded in how its exchange functions.

Rather than focusing solely on voting rights or passive rewards, the token underpins access to different levels of trading execution and data verification services on the platform.

Users who want higher-tier services are required to stake increasing amounts of LIT.

These requirements are designed to scale as the network decentralises further, shifting control from a single operator to a broader set of participants.

Fees for market data and price verification are also paid in LIT, with staking acting as a mechanism to ensure data accuracy and reduce risk across the trading system.

Onchain revenue and buyback flexibility

Another feature highlighted by the project is full onchain visibility of revenue generated by its trading platform and future products.

All income is intended to be publicly trackable on the blockchain, allowing users to independently verify performance.

Management has indicated that this revenue could be used either to support ecosystem growth or to buy back LIT tokens from the market.

Any buyback activity would reduce circulating supply, but there is no fixed schedule.

Decisions are expected to depend on market conditions and longer-term strategic considerations, rather than automated rules.

Market position in perpetuals trading

Lighter’s activity places it among the more active decentralised perpetuals venues.

Over the past seven days, Lighter-based perpetuals have averaged $2.7 billion in trading volume, ranking third behind Hyperliquid and Aster, based on data from a Dune-powered tracker.

Hyperliquid’s HYPE token currently carries a market valuation of $6.26 billion, making it one of the largest digital assets globally.

Against that backdrop, Lighter is betting that tightly coupling token utility with execution quality, data integrity, and transparent revenues can help it carve out a durable role in the evolving onchain derivatives landscape.



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Bitcoin’s Liquidity Indicator Just Lit Up, Big Move Incoming? https://cryptocurrencypanther.com/2025/11/12/bitcoins-liquidity-indicator-just-lit-up-big-move-incoming/ https://cryptocurrencypanther.com/2025/11/12/bitcoins-liquidity-indicator-just-lit-up-big-move-incoming/#respond Wed, 12 Nov 2025 23:24:46 +0000 https://cryptocurrencypanther.com/2025/11/12/bitcoins-liquidity-indicator-just-lit-up-big-move-incoming/

According to an analyst, Bitcoin sits in a liquidity set-up that has shown up before big rallies. Prices are not shooting higher yet. At press time Bitcoin trades around $104,500, down 0.5% over the past day.

Related Reading

Traders watched a decline of about 1.8% earlier that pushed the price near $103,400 and it briefly touched $102,850 during the move.

Stablecoin Signal Points Toward Accumulation

CryptoQuant analyst Moreno points to the Stablecoin Supply Ratio, or SSR, as the first clear indicator. The SSR compares Bitcoin’s market cap to the total market cap of stablecoins. It has dropped back into the 13 range.

Based on historical readings, that 13 area has lined up with market lows in mid-2021 and at several moments across 2024. Reports show that when SSR fell to similar levels, liquidity quietly built up and buying followed after a period of low volatility.

Binance Reserve Trends Add A Second Layer

The second metric Moreno highlights comes from Binance. On that exchange, stablecoin balances are rising while Bitcoin reserves are shrinking. In plain terms: more cash-like tokens sit on the exchange and fewer coins are being held there.

That pattern has appeared only a handful of times since 2020, according to the data he referenced. Each time, the movement suggested capital waiting on the sidelines and holders moving coins off exchanges into longer-term storage.

BTCUSD trading at $104,878 on the 24-hour chart: TradingView

Market Calm Can Hide Big Moves

The current trading backdrop is cautious. Many investors expected a lift after news that the US Congress approved short-term federal funding through January 30, yet crypto did not rally with other risk assets.

Some capital rotated back to stocks. At the same time, large holders took profits after recent highs, and momentum cooled. That mix shows how macro events can shift flows without immediately turning into crypto buying.

Risk Still Exists — Structure Could Break

Moreno warns this liquidity zone acts like a final structural support. If the metrics break down decisively, it could signal a deeper reset before any sustained recovery.

In that scenario, buying would likely be delayed and volatility would rise. This is not a guaranteed outcome, but it is a clear risk that traders watch closely.

Outlook: Limited Downside, Growing Upside

Based on reports and on-chain signals, Moreno believes the risk-to-reward favors buyers at these levels. He points to the built-up stablecoin supply and falling exchange BTC reserves as reasons for that view.

Related Reading

Historical patterns suggest the last three months of the year often bring gains for Bitcoin, but past behavior does not promise future returns.

For now, the indicators show capital parked in stablecoins and fewer coins available on major exchanges. That creates a setup where fresh buying could push the market higher quickly if sentiment turns.

Yet the opposite is possible: a break below these levels would reshape the cycle and force many participants to rethink positions. Markets will decide which path comes next.

Featured image from Gemini, chart from TradingView





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SEC Just ‘Lit A Rocket Under’ Ethereum, Says Expert https://cryptocurrencypanther.com/2025/08/01/sec-just-lit-a-rocket-under-ethereum-says-expert/ https://cryptocurrencypanther.com/2025/08/01/sec-just-lit-a-rocket-under-ethereum-says-expert/#respond Fri, 01 Aug 2025 12:24:57 +0000 https://cryptocurrencypanther.com/2025/08/01/sec-just-lit-a-rocket-under-ethereum-says-expert/

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Eric Conner, a prominent Ethereum figure who helped design the network’s landmark fee-market overhaul EIP-1559 and recently left the ecosystem to work in artificial intelligence, said late Thursday that the US Securities and Exchange Commission’s new policy direction amounts to a dramatic tailwind for Ether. “The SEC just lit a rocket under Ethereum,” Conner wrote on X on July 31, reacting to a policy address delivered hours earlier by SEC Chairman Paul S. Atkins in Washington. Conner characterized the remarks as a “full-blown regulatory pivot,” adding that Atkins “informally but unmistakably said Ethereum is not a security,” and that the agency had put ETH “in the spotlight as the foundation for the next era of US finance.”

Is Ethereum The Biggest Beneficiary Of ‘Project Crypto’?

Atkins’ prepared speech, titled “American Leadership in the Digital Finance Revolution,” unveiled a program he called Project Crypto—a Commission-wide effort to refit securities regulation for on-chain markets. “We are at the threshold of a new era … I am announcing the launch of ‘Project Crypto’—a Commission-wide initiative to modernize the securities rules and regulations to enable America’s financial markets to move on-chain,” he said, while stressing that his remarks reflected his views rather than the Commission’s as a whole. The chair tied the initiative to a recent White House-led policy push and said he had directed SEC staff to draft clear rules for crypto asset distributions, custody, and trading, and to consider interpretive and exemptive relief “in the coming months” to avoid stifling innovation.

The most consequential signal for digital-asset markets was Atkins’ stance on asset classification. “Despite what the SEC has said in the past, most crypto assets are not securities,” he said, promising “bright-line rules” to help market participants determine whether a token should be treated as a digital collectible, a digital commodity, or a stablecoin, and to craft purpose-fit disclosures, exemptions and safe harbors—including for ICOs, airdrops and network rewards. In parallel, he argued that classifying a token as a security “should not be a scarlet letter,” and outlined a path for crypto-securities to flourish within US markets.

Atkins also sketched an ambitious market-structure blueprint. He backed side-by-side trading of non-security crypto assets and crypto-asset securities on SEC-regulated venues, floated a “Reg Super-App” concept to let broker-dealers offer trading, staking and lending under a single license, and said he would seek to modernize custody rules so investment advisers and broker-dealers can hold crypto assets under updated standards. “It will be a priority of my chairmanship to carry out the [report’s] recommendation to modernize the SEC’s custody requirements,” he noted, while defending users’ right to self-custody and staking.

Crucially for tokenization, Atkins said the Commission would work with firms distributing tokenized securities in the US and provide relief where appropriate, pointing to pent-up demand “from household names on Wall Street to unicorn tech companies” and explicitly referencing compliance-enabled token standards such as ERC-3643. In a section on decentralized finance, he pledged to “create space” for both fully on-chain, non-intermediated systems and intermediated models, and said DeFi “will be part of our securities markets.”

Why Ethereum Takes Center Stage

While Atkins’ prepared remarks did not name Ethereum explicitly, they repeatedly referenced Ethereum-native concepts and standards, and outside the speech the chair has recently spoken more directly about ETH. In a July 21 appearance on CNBC’s Squawk Box, Atkins said the agency has “stated informally more than formally that Ether is not a security,” adding that whether corporates hold ETH in treasury “is up to companies to decide.”

Conner unpacked the same themes in an eight-part thread that ricocheted across Crypto-X. The former core dev argued that the speech “isn’t just lip service. It’s a full-blown regulatory pivot,” stressing that Atkins had “informally but unmistakably” removed the security overhang from Ether. “That’s the clarity institutions have been waiting for,” he wrote, predicting corporate-treasury allocations and a deep link-up between DeFi and Wall Street.

He hailed the endorsement of public-chain tokenization as still more consequential: “He said: let’s bring regulated markets on-chain… Ethereum is the obvious base layer for this.” And, in a swipe at legacy doctrine, Conner cheered the promise of purpose-built rules: “No more trying to jam crypto into 1940s laws.”

Whether that enthusiasm endures will depend on how quickly Project Crypto moves from rhetorical flourish to concrete rule-making—but, as Conner put it in his closing salvo, “ETH isn’t just a coin anymore. It’s the US government’s preferred settlement layer for modern finance. Regulatory uncertainty has been ETH’s biggest overhang, and now it’s being lifted. The SEC just put Ethereum in the spotlight as the foundation for the next era of US finance. This is bigger than an ETF. It’s regulatory alignment with ETH as the global digital asset backbone. Get ready.”

At press time, ETH traded at $3,669.

Ethereum price
ETH stalls before the most crucial resistance, 1-week chart | Source: ETHUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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Dogecoin (DOGE), Bonk (BONK) and This New Viral Altcoin Just Lit Up With Massive Buy Signals – Analytics Insight https://cryptocurrencypanther.com/2025/04/23/dogecoin-doge-bonk-bonk-and-this-new-viral-altcoin-just-lit-up-with-massive-buy-signals-analytics-insight/ https://cryptocurrencypanther.com/2025/04/23/dogecoin-doge-bonk-bonk-and-this-new-viral-altcoin-just-lit-up-with-massive-buy-signals-analytics-insight/#respond Wed, 23 Apr 2025 07:51:52 +0000 https://cryptocurrencypanther.com/2025/04/23/dogecoin-doge-bonk-bonk-and-this-new-viral-altcoin-just-lit-up-with-massive-buy-signals-analytics-insight/

Dogecoin (DOGE), Bonk (BONK) and This New Viral Altcoin Just Lit Up With Massive Buy Signals  Analytics Insight



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Lisk (LSK), Metal Pay (MTL), Litentry (LIT) https://cryptocurrencypanther.com/2022/12/23/lisk-lsk-metal-pay-mtl-litentry-lit/ https://cryptocurrencypanther.com/2022/12/23/lisk-lsk-metal-pay-mtl-litentry-lit/#respond Fri, 23 Dec 2022 13:32:13 +0000 https://cryptocurrencypanther.com/2022/12/23/lisk-lsk-metal-pay-mtl-litentry-lit/

Cryptocurrency prices recoiled this week as investors reflected on the actions of the Federal Reserve and the collapse of FTX. Bitcoin consolidated at $16,500 while other coins like ETH and LTC moved sideways. This consolidation even as American stocks, especially Tesla, plunged. Here are some of the top crypto price predictions for the weekend.

Lisk | LSK

Lisk is a blockchain project that provides developers with tools they need to build decentralized applications. Its Javascript SDK makes it possible for them to build interoperable sidechains. Lisk has several products, including Lisk Core, Lisk Service, and wallets. Lisk Core enables delegate forging and an API for developers while Lisk Service provides data to its UI clients.

Lisk crypto price rose slightly on Friday as investors bought the token’s dip. On the 4H chart, we see that the token’s price rose from this week’s low of $0.7236 to a high of $0.8665. It moved slightly above the important resistance point at $0.83332. 

The Relative Strength Index (RSI) is approaching the overbought level. Therefore, I suspect that the Lisk price will drop during the weekend and test the support of $0.7200.

LSK/USD chart by TradingView

How to buy Lisk

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.

Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.


Buy LSK with Binance today

KuCoin

Kucoin is a cryptocurrency exchange which offers over 200 cryptocurrencies.

Kucoin has a wide range of services, such as; a built-in peer-to-peer exchange, spot and margin trading, bank level security and a wide range of accepted payment methods.

Users can benefit from a beginner-friendly interface and relatively low fees.


Buy LSK with KuCoin today

Metal Pay | MTL

Metal Pay is a fintech company that simplifies crypto payments. It describes itself as a Bitcoin-type of cryptocurrency with an interface of Venmo. The app makes it possible for people to pay and send money using cryptocurrencies. MTL is the native token for the ecosystem.

On Friday, the MTL price jumped sharply as investors accumulated the token. It rose to a high of $0.8, which was the highest level since December 21. However, as I wrote elsewhere, the main concern for Metal Pay is that its token can be viewed as a security. This means that it will likely get in trouble with American regulators. I suspect that the MTL crypto price will nosedive during the weekend to about $0.60.

MTL/USD chart by TradingView

How to buy Metal Pay

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.

Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.


Buy MTL with Binance today

KuCoin

Kucoin is a cryptocurrency exchange which offers over 200 cryptocurrencies.

Kucoin has a wide range of services, such as; a built-in peer-to-peer exchange, spot and margin trading, bank level security and a wide range of accepted payment methods.

Users can benefit from a beginner-friendly interface and relatively low fees.


Buy MTL with KuCoin today

Litentry | LIT

Litentry is an upcoming Polkadot parachain that won slot #15 in the previous parachain auction. The platform provides decentralized aggregator services that enable user identity across multiple networks. As such, users can link their identities across industries like decentralized finance and on-chain governance. 

LIT price has done well in the past few trading sessions. It has risen from a low of $0.6560 on December 20. It has moved to a high of $0.7298, the highest level in a few weeks. It has crossed the 25-day and 50-day moving averages. Like Metal Pay and Lisk, I suspect that LIT price will drop during the Christmas weekend.

How to buy Litentry

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.

Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.


Buy LIT with Binance today

Swapzone

Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.


Buy LIT with Swapzone today



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